Velas is a high-performance blockchain platform that was established in 2019. It is designed to blend the best elements of Solana's codebase and the EVM (Ethereum Virtual Machine) to provide a decentralised ecosystem with superior scalability and security. Velas leverages an innovative consensus mechanism called AI-enhanced Delegated Proof of Stake (AIDPoS), which incorporates artificial intelligence to enhance transaction throughput and reduce latency. This platform is focussed on creating a seamless blend between cutting-edge technology and practical usability, aimed at developers and users seeking an efficient and versatile blockchain. Key characteristics include its commitment to security, low transaction costs, and high-speed confirmations, making Velas suitable for a range of decentralised applications and services. Its growing ecosystem supports smart contracts, decentralised finance (DeFi), and NFT marketplaces, positioning itself as a robust infrastructure for the future of Web3.