On a mission to build the world’s fastest and most scalable EVM/eBPF hybrid chain, Velas is a blockchain company headquartered in Crypto Valley Zug, Switzerland. Since 2019, their product has received multiple recognitions, including “Blockchain Protocol of the Year” by AIBC Summit.
I had the pleasure to interview Shirly Valge, Chief Operating Officer at Velas, and discuss the company’s commitment to sustainability as well as their plans for Q4.
Velas: 100% carbon-neutral blockchain. What does that mean?
Yes, that’s true Velas is a 100% carbon-neutral blockchain that prioritizes the well-being of our planet.
We understand the importance of creating a better world and taking care of the environment. That’s why Velas integrates an innovative hybrid consensus mechanism of Delegated Proof-of-Stake (PoS) with Proof-of-History (PoH). This not only provides high transaction speeds and low fees but also ensures that our blockchain is environmentally friendly.
Unlike traditional blockchain networks, such as Bitcoin, which consume substantial amounts of energy, Velas has taken a different approach. By implementing the energy-efficient Proof-of-Stake mechanism, we significantly reduce energy consumption while maintaining effective network protection.
Our aim is to offer a sustainable blockchain solution that meets the needs of the cryptocurrency community while minimizing the environmental impact. Velas stands as a testament to the possibilities of technology and environmentalism working together.
By choosing Velas, users can enjoy the advantages of a cutting-edge blockchain platform while contributing to a greener future. We invite everyone to join us on this journey towards a more environmentally conscious and technologically advanced world.
Velas has grown exponentially since its launch: how did you achieve such great results?
Velas has experienced exponential growth since its launch, and we attribute our remarkable results to a combination of dedicated teamwork, strong support from our community, and a commitment to innovation.
From the very beginning, our team of professionals has worked tirelessly to bring Velas to where it is today. Their expertise, passion, and unwavering dedication have been instrumental in driving our success. We have embraced a collaborative approach, leveraging the diverse talents within our team to overcome challenges and seize opportunities.
However, we recognize that our achievements would not have been possible without the incredible support from our community. From day one, our community has shown unwavering belief in our vision and has been a driving force behind our growth. Their engagement, feedback, and continuous support have been invaluable in shaping the direction of Velas.
Looking ahead, we remain committed to our continued growth and development. We have recently unveiled a comprehensive strategy for success and blockchain growth, encompassing technical advancements, development plans, marketing initiatives, and other improvements. With this strategy, we aim to propel Velas to new heights, leveraging emerging technologies and staying at the forefront of innovation.
How does the Velas Grants Program work?
The grant program at Velas provides an opportunity for projects interested in building on our platform to receive support and funding. We welcome all projects that wish to build on Velas Blockchain and encourage them to apply for our grant program.
Our dedicated team, consisting of technical specialists, analytics experts, and marketing professionals, carefully reviews all applications received. We conduct a thorough screening process to identify projects that align with our vision and have the potential for success. Projects that pass our screening are further considered for grants and future support.
The specific amount of the grant and the nature of the support provided are determined on an individual basis, as we recognize that each project has unique needs and requirements. We aim to have personalized discussions with successful applicants to ensure that the grant and support are tailored to their specific goals and aspirations.
As we continuously work on improving our grant program, we remain dedicated to enhancing the support we provide to projects within the Velas ecosystem. We are constantly refining our processes and exploring new ways to better assist and empower the projects we work with.
In conclusion, the Velas grant program offers a pathway for projects to access support and funding. We encourage innovative and creative individuals to join our ecosystem, and we are committed to providing them with the necessary resources and assistance for their journey to success.
What are your plans for the second half of 2023?
In the second half of 2023, Velas Blockchain is on the brink of significant changes and substantial growth. We are thrilled to share that we are currently working on several major partnerships that are set to shape the future of Velas. While we must maintain confidentiality until all necessary paperwork is finalized, we can assure you that these partnerships hold immense potential for transformation. The positive impact of these collaborations will greatly enhance Velas Blockchain, and we are eagerly anticipating the opportunity to share this exciting news with our community.
Additionally, we recently unveiled a comprehensive strategy that our team has been diligently working on. This strategy encompasses a range of updates and improvements across technical aspects, ecosystem development, product enhancements, and marketing initiatives. By implementing this strategy, we are confident that we will further propel the growth of Velas and continue to provide our community with an exceptional blockchain experience.
We understand that the current market is experiencing a “crypto winter” and that the overall conditions may seem challenging. However, we are proud to have withstood these conditions and have emerged stronger and more prepared than ever. Despite the market fluctuations, we remain steadfast in our commitment to achieving substantial growth and making a lasting impact in the blockchain industry.
