# Velas Reviews **Vendor:** Velas Network AG **Category:** [Blockchain as a Service Providers](https://www.g2.com/categories/blockchain-as-a-service) **Average Rating:** 4.6/5.0 **Total Reviews:** 10 ## About Velas Velas is the world's fastest EVM Blockchain and Ecosystem for smart contracts and dApps I Crypto Valley Top 23 Blockchain Firm | Ferrari Premium Partner ## Velas Reviews ### 1. Outpaces the networks and presents incredible opportunities **Rating:** 4.5/5.0 stars **Reviewed by:** José A. | Salesperson, Information Technology and Services, Mid-Market (51-1000 emp.) **Reviewed Date:** October 05, 2023 **What do you like best about Velas?** Velas communitys growing and the immense potential it holds. **What do you dislike about Velas?** The lack of documentation and transparency which makes it difficult for users to understand and navigate its intricacies. Frequent wallet updates is inconvenient. **What problems is Velas solving and how is that benefiting you?** Velas solves the issue of costly transactions, on the Ethereum Virtual Machine (EVM). By provideing an cost effective EVM chain my business reaps the benefits of quicker transactions that reduce expenses. ### 2. Fastest EVM Blockchain **Rating:** 3.0/5.0 stars **Reviewed by:** Verified User in Information Technology and Services | Small-Business (50 or fewer emp.) **Reviewed Date:** May 18, 2023 **What do you like best about Velas?** 1. Velas excels in scalability and speed, thanks to its AI-enhanced consensus algorithm, enabling high transaction throughput. 2. With its advanced security measures, Velas ensures the integrity and protection of data and assets, instilling trust in its users. 3. Velas introduces an innovative AI-driven governance model, promoting transparency and community participation in decision-making processes. **What do you dislike about Velas?** Constructive criticism about Velas: While Velas has many positive attributes, one area that could benefit from improvement is the availability of comprehensive developer resources and documentation to further facilitate the development of decentralized applications on the platform. **What problems is Velas solving and how is that benefiting you?** Velas is solving the problem of scalability and transaction speed limitations in blockchain networks, which directly benefits me by providing a platform where I can execute high-volume trading with near-instantaneous transaction confirmations, ensuring optimal efficiency and minimizing potential delays or bottlenecks. ### 3. XP.NETWORK Multi-Chain NFT Bridge Integration **Rating:** 5.0/5.0 stars **Reviewed by:** Dima B. | CTO at XP.Network, Small-Business (50 or fewer emp.) **Reviewed Date:** July 24, 2022 **What do you like best about Velas?** The most important in any project is the team. Velas team cares and never walks by broken windows. Shirly Valge & Dragos pushe the business development to the new hights and Roman keeping the technological side safe and sound. **What do you dislike about Velas?** We think that the community on Velas has just started growing and it will quickly reach and surpass the communities on many other chains. What opportunities it brings to those joined in the right time! **What problems is Velas solving and how is that benefiting you?** Velas is a rapidly growing and promising ecosystem. The global NFT market would be less prosperous and far from complete without Velas. Velas offers cheap transaction fees accompanied with fast and predictable block inclusion time by contrast with many other chains. NFT projects, games, Metaverses & Marketplaces can find a secure and safe haven on Velas and our bridge is the ultimate path they can take to reach their new home. ### 4. Velas is the fastest EVM Blockchain that provide up to 75k tps and have very affordable cost **Rating:** 5.0/5.0 stars **Reviewed by:** Siraz I. | Community Manager, Marketing consultant, Small-Business (50 or fewer emp.) **Reviewed Date:** March 23, 2022 **What do you like best about Velas?** there are so many things that I like and I think the best that velas has - Velas provide fastest EVM Blockchain up to 75k tps - Affordable cost to doing any activity and transaction in Velas - Awesome partnership that Velas have right now especially with Ferrari, Solana and also many NFTs startup which already partnership with Velas - Have Grants Program with $100 Million to help all developers to build dapps easily in Velas **What do you dislike about Velas?** should be encourage any builder and developers also some investors to know more about Velas then guide them to participate in Velas Ecosystem so i think it will help us a lot **Recommendations to others considering Velas:** If you looking fastest EVM Blockchain and looking affordable cost to do any activity, transaction and other of that which is need blockchain technology, Velas is the answer for you. For more information you can check their website here: https://velas.com/ **What problems is Velas solving and how is that benefiting you?** The problems that i have and already solved with Velas is the cost to do any activity and transaction then also fastest EVM Blockchain which is reduce the time required for transactions ### 5. Velas is an Incredible Partner **Rating:** 5.0/5.0 stars **Reviewed by:** Nick O. | EVP Partnerships & Growth **Reviewed Date:** July 18, 2022 **What do you like best about Velas?** The Velas team is incredible to work with. They're extremely communicative and are very supportive of the developers building on their network. **What do you dislike about Velas?** I can't really think of anything that Velas could do better! **What problems is Velas solving and how is that benefiting you?** First and foremost, Velas is solving the problem of scalability. This should ultimately attract more projects to the network that could benefit from Ferrum's products and services. ### 6. Velas - amazing project! Fastest EVM Hybrid Chain, scalable for various dApps! **Rating:** 5.0/5.0 stars **Reviewed by:** Ross G. | Head of Business Development , Small-Business (50 or fewer emp.) **Reviewed Date:** July 20, 2022 **What do you like best about Velas?** 1. Fastest EVM/eBPF hybrid chain, great scalable solution for dApps 2. Instant, low-cost transactions, great performance 3. Supports all smart contracts built on the Ethereum blockchain **What do you dislike about Velas?** Here at Avarta we really like everything! Amazing project! **What problems is Velas solving and how is that benefiting you?** Velas is helping us with growth and its technology and features are moving our project to great future ### 7. Velas is a promising blockchain. **Rating:** 4.0/5.0 stars **Reviewed by:** Artur F. | Senior Firmware Engineer, Small-Business (50 or fewer emp.) **Reviewed Date:** March 23, 2022 **What do you like best about Velas?** High TPS number of more than 50k and fast transaction finality. Active and nice community and transparent communication. **What do you dislike about Velas?** Ecosystem could be bigger, but as I know the team is working on it and the current 100 billion dollar grant program is for sure helpful for growing. **What problems is Velas solving and how is that benefiting you?** Happy with the APY of around 10%. Let's see what the future will bring. ### 8. to the moon **Rating:** 5.0/5.0 stars **Reviewed by:** Aleksey C. | Founder, Small-Business (50 or fewer emp.) **Reviewed Date:** July 20, 2022 **What do you like best about Velas?** I have a good experience with the Velas team, good skills, quick response support, and excellent and friendly communication. **What do you dislike about Velas?** nothing, I have a positive and productive experience **What problems is Velas solving and how is that benefiting you?** Velas it's a good opportunity use technology blockchain for P2E, P2Ow games ### 9. Vulos & Velas Partnership **Rating:** 5.0/5.0 stars **Reviewed by:** Gentian E. | CEO & Co-Founder **Reviewed Date:** July 22, 2022 **What do you like best about Velas?** Velas has both the fastest EVM Blockchain and a great proffesional team! **What do you dislike about Velas?** Nothing so far, everything has been working out perfectly! **What problems is Velas solving and how is that benefiting you?** Velas is providing us with a very fast, secure and scalable blockchain. ### 10. Velas Fast and Cheap EVM compatible chain **Rating:** 5.0/5.0 stars **Reviewed by:** Verified User in International Trade and Development | Small-Business (50 or fewer emp.) **Reviewed Date:** March 23, 2022 **What do you like best about Velas?** İt is fast , cheap and EVM compatible. Easy to use , it has great interface and team **What do you dislike about Velas?** It can has more dApps on chain , it can be list on more exchanges. **Recommendations to others considering Velas:** Update wallet :) **What problems is Velas solving and how is that benefiting you?** It is EVM compitable with very very low fees. My transactions are confirmed instantly, really fast. ## Velas Discussions - [What is Velas used for?](https://www.g2.com/discussions/what-is-velas-used-for) - [View Velas pricing details and edition comparison](https://www.g2.com/products/velas/reviews?section=pricing&secure%5Bexpires_at%5D=2026-05-15+14%3A18%3A58+-0500&secure%5Bsession_id%5D=9a5e8829-aa8e-4717-aa69-99566efa402b&secure%5Btoken%5D=fbc1f99a0008bdfe828b8db4aeead853e9e579a488b438b02b2094c81a5ce3d0&format=llm_user) ## Velas Features **Administration** - Plugins and APIs - Cost Control - Process Control **Functionality** - Smart Contracts - Token Creation - Automated Provisioning - Industry Specialization **Performance** - Consensus - Security and Privacy Policies - Scalability ## Top Velas Alternatives - [Quicknode](https://www.g2.com/products/quicknode/reviews) - 4.5/5.0 (79 reviews) - [Venly](https://www.g2.com/products/venly/reviews) - 4.5/5.0 (37 reviews) - [Kaleido](https://www.g2.com/products/kaleido-kaleido/reviews) - 4.8/5.0 (24 reviews)