HomeBest companies created on Solana

Best companies created on Solana

What is Solana?

A Blockchain network launched in 2020 is known as Solana. Solana supports the development of decentralized applications and smart contracts. The innovative part of this Solana blockchain lies in the security algorithm. As per the developers of Solana, it is the fastest blockchain network in the world, and 400 new blocks are generated every millisecond. Moreover, the fees of Solana compared to Ethereum are much low. In 2021, it was the number one performer in the digital payment space; Solana is becoming the 4th largest digital currency across the world after Bitcoin, Ethereum as well as Binance coin. Solana developers work out of the box to include proprietary systems into the network and make it a reliable and useful blockchain network. This is why it is known as PoS or Delegated Proof of Stake network. Solana ecosystem has a wide range of game options for users, although it is just in the development stage.

What are the benefits of Solana?

Automating the Workflows

The main purpose why Solana was built is similar to that of Ethereum, with the main focus on enabling users to develop a decentralized app within the network system. Solana allows users to make smart contracts that help in facilitating autonomous operations, including issuing data or payments automatically after meeting certain conditions at a definite time.

High speed

Solana has become the fastest blockchain in the world which doesn’t sacrifice security. While security has been a hindrance to Ethereum for fastening speed and the complex security algorithms slow down the processing time. However, people get fast speed, complete security, and many other technical capabilities on Solana. In addition, the network comes with unique technologies to give users unmatched enterprise security and transaction speed.

Low Cost

As compared to other blockchain networks, Solana is way cheaper. If you are looking for a reasonable blockchain solution that can give you good value for your money, then there can be no better option than Solana. The gas fees included in this Solana network are lower than Ethereum. You need to pay $0.00025 per transaction as gas fees, while the gas fees on Ethereum can go above $53.

Digital Tokens

Solana has its token standard and digital currency that supports Defi applications. You can use the Solana token for paying transaction fees within the Solana network. The blockchain network becomes secured with the help of Solana.

Crowdfunding Platforms

It offers a wide range of solutions that enable users to participate in public token trades. Users need to stake a token; therefore, the more the tokens you stake and for the longer period, the more opportunities for investing in token sales. Furthermore, Solana has an embedded distribution mechanism that allows users to give fair and equal opportunities to involve in token launches.

Censorship Resistant

Solana has a distributed and trustless nature, making it an ideal choice for ecommerce. It paves the way for global transactions in milliseconds, which is also a fraction of the cost. The best part of Solana is that there is no centralized authority to control the network; therefore, there is no one to block, confiscate or stop the transactions, like flat currencies.

Top 10 companies built on Solana

You get the best services when you get assistance from a dedicated team with prior experience in dealing with complicated technology. Following are the top 10 companies built on Solana blockchain technology.
Serum - Company on Solana

Serum

10/10
The serum is a decentralized exchange that is quite popular for its high speed and low fees transactions. This platform is created by Almeda, research, FTX, and other developers. This platform includes several standout properties. First, it is a decentralized crypto exchange place that supports stablecoins, cross-chain asset swaps, etc. The main goal is to deal with Defi issues like slow transactions, huge gas costs, liquidity segmentation, centralization, and reduced capital efficiency. Second, it aims to achieve a trustless and transparent exchange where the government will be handled and controlled by users with the help of its SRM token. Third, it is powered by Solana blockchain technology and offers the following functions- providing a discount to traders, protocol fee payment, granting voting rights to the holders, etc.

Mango

10/10
This leading Solana blockchain development company offers different services to help individuals and businesses and offers them quick and powerful decentralized applications. The apps created by the expert developers of this company are of supreme quality, and the company also secures enterprises and startups. Moreover, it offers result-oriented and the latest Solana blockchain development solutions to enterprises to optimize the nodes.

ORCA

10/10
It is an automated market maker and a decentralized exchange having its liquidity pool. Orca helps traders swap tokens and other project supporters and crypto enthusiasts to develop their liquidity pools. One of the top projects of Solana takes the benefits of the Solana blockchain network. This platform built on Solana offers fast trade and even takes less time. The gas fees included are around $0.00002, which is quite low. The exchange offers the liquidity pool a trading fee of 0.3% to profit the liquidity providers. It offers different types of features to cryptocurrency traders and invaders. Users can use this platform to swap tokens and use the liquidity pools of DEX. The liquidity pools that are created on orca become a yield farming or aquafarm, which allows liquidity providers to earn more Orca tokens and trading fees.

Agnito Technologies

9/10
This leading Solana blockchain development company offers different services to help individuals and businesses and offers them quick and powerful decentralized applications. The apps created by the expert developers of this company are of supreme quality, and the company also secures enterprises and startups. Moreover, it offers result-oriented and the latest Solana blockchain development solutions to enterprises to optimize the nodes.

Star Atlas

8/10
A multiplayer exploration gaming platform built on the Solana blockchain ecosystem is Star Atlas. The main purpose of this gaming platform is to develop a metaverse and an open economy where players can have their complete freedom and even earn tokens while playing games. It brings immense opportunities before the players and consists of a dual economy. It relies on $POLIS governing the DAO structure of star Atlas and on $Atlas for the governance of in-game currency. In addition, players get rewarded within the game with NFT and ATLAS. Start Atlas is based on blockchain technology and has successfully proved itself to be a unique platform in online games. Although it is in the early stages of development, players enjoy exploring this platform’s vast metaverse.

Osiz Technologies Pvt Ltd

7/10
It is an expert Solana blockchain development company that works with new technologies to offer its clients an advanced and scalable marketplace along with decentralized applications or Dapps. It falls into the category of an aristocratic blockchain development company built on the Solana platform. The company has hands on experience and technical expertise to build scalable and high-quality blockchain decentralized applications to help startups. In addition, large-scale enterprises develop a secured and trusted platform for them.

SolFarm (Tulip)

6/10
Tulip Garden Or Tulip Protocol is known formerly as SolFarm. Some notable features of the company are – low fees, leveraged yield farming, high speed, secure transaction, supported vaults on Raydium, Orca, and Saber, extra profits from high APYs, etc. It was launched in the year 2021. Soulfarm became the winner of the Solana Season Hackathon in the year 2021 and established itself in the category of top Solana project. This platform comes with the native token named TULIP and grants on-chain governance to holders. It is in the early stage of development by the Solana foundation team.

Solarians

5/10
This platform is a collection of ten thousand generative, randomized NFTs robots minted on Solana blockchain technology. Every Solarians is an NFT and have a complete history built on Solana blockchain technology. To ensure that every Solarian is unique, the team of artists draws 1800 body parts. Every Solarian is unique in its way and differs from one another. You can find the NFT marketplace for the Solarians on DigitalEyes and can learn about the rarity level of the Solarian NFTs.

Innosoft Group

5/10
This platform has a dedicated team of Solana developers. The Solana team of Innosoft group is fully knowledgeable in their work. They also understand the customers’ demands and act the same way to increase customer satisfaction. The design team of this platform provides in-depth suggestions to their clients regarding UI design and makes your dApp set apart from the rest.

Mobiloitte

5/10
This platform stays at the forefront of NFT and blockchain marketplace development. It comes with an NFT marketplace in Ethereum, Polygon, Polkadot, Binance, etc. The platform’s team is large, experienced, and multidisciplinary, with profound expertise in several front-end and blockchain technologies. It covers all important aspects of a successful and highly effective project launch, including NFT standards and storage platforms.

Have a project in your mind?

Tips for hiring the best Solana blockchain development company.

Implementing blockchain technology within the system is a complex task and can be difficult to understand. Therefore make the right choice about the blockchain development company with expertise in new technologies and assist you in the domain. You must consider various factors like pricing policy, refunds, timing, etc. Following are the guidelines that help you to make a right choice.

Technical expertise

It is important to hire the best Solana blockchain development company to make your project successful. To ensure that the company you are working with is reliable and expert, you can see the portfolio and case studies of the company to know about their technical expertise in the Solana blockchain domain, including how they worked on previous projects and whether they completed the work within the stipulated time.

Scalable solutions

When choosing an ethereum development team, you should focus on how the company designs scalable services and offers suitable solutions to handle the complex problems for your business’s future growth. Furthermore, the company’s performance depends on the responsiveness and speed of the company and its system. Therefore when you work with a Solana blockchain development company, always ensure that it has a dedicated consultation team who can give you project updates and can implement your suggestions in the project.

Other prominent factors

A few prominent factors should be properly evaluated for the Solana developers. Consider your project type, the number of Solana blockchain developers you need, and the project duration they have given. However, if you work with an established and experienced blockchain development company, you need not be concerned about any problems. Online job postings are conventional methods that won’t work if you are looking for an expert ethereum development company. So look for an expert company on LinkedIn.

Important skillsets

Look for the following skills in a blockchain development company with whom you want to work with-

  1. Proper expertise in creating digital tokens and smart contracts
  2. Skills in Mean Stack, Golamg, JavaScript, Angular 2, NodeJS, etc.
  3. Good skills in writing quality code that runs on the Ethereum platform
  4. Experience in the serpent, Clojure, solidity
  5. In-depth understanding of Ethereum development platforms.

Get the estimate

After getting good options for the Solana blockchain development company, you must try to get the bids or Request for Proposal. The proposal includes all information that can help you to finalize your decision. It contains due dates, expenditure breakdown, legal provisions, and many other details. It is important to consider the quality standards of the company you are working with.

Final Words

Blockchain technology like the Solana network is trending worldwide. You need to hire a reliable partner if you want your business to switch to blockchain technology. A true Solana blockchain development company will make you more tech-savvy. The earlier you enforce blockchain technology, the more benefit can be derived, and as a result, you can earn more profits. You can start your journey by switching to blockchain solutions by choosing a perfect blockchain development company.
Web 3.0 Companies

Find company that will help you grow. We collected best companies in every crypto niche.

© 2022 Web 3.0 Companies. All Rights Reserved