Introducing SOLAIRE: Not just an ordinary app. It’s a Social Decentralized SUPER APP.

DeFi and Solana

A lot of DeFi projects lately have been developed on various blockchain or cross-chain ecosystems. Decentralized Finance (DeFi) begins from hearsay to a whole ecosystem that introduces new standards while demonstrating everything that decentralization and cryptocurrency are about.

As we are utilizing these projects one by one for our own usage, it only reminded us of the current state of the crypto landscape: transactions would be sluggish and will cost us a pretty penny sometimes.

Worry not. We found a solution. And that solution is Solana.

Something about Social Media Applications

Currently, most social media applications do not provide any incentive or revenue for creators from their content. It is almost as if a waste of time and effort. Or some do, but it takes a lot of time for them to actually “earn” something from their valuable content.

Solaire — The Social Decentralized Super App

While most of the people in the DeFi space are currently using multiple apps to do their transactions, and some are experiencing the hassle of centralized mobile banking or payment portals; And while most online content creators have a hard time monetizing their content, we have come up with a solution that will fix all of that — the Solaire Super App.

Solaire Labs designed the Solaire Super App as a social application where users can do their on-chain activities in an ALL-IN-ONE platform. It’s a platform that mimics the functionality of Instagram and WeChat, encompassing various crypto applications, yield farming, and NFT marketplace in a single app.

Solaire will contain features and platforms such as:

• Decentralized Exchanges — Solaire aims to incorporate existing decentralized exchanges such as Raydium, Uniswap, PancakeSwap, and others within its app/platform, allowing users to have easier access to DEXes.
• Decentralized Messaging App — Solaire’s fundamental goal is to build several features within its app, including a messaging app where users will have all of their data (messages) encrypted.
• Decentralized Social Media App — Much like Instagram, Solaire aims to build a social media feature where users will be utilizing blockchain technology for their own social needs, earning rewards through usage.
• Decentralized Gaming — Blockchain-based games like “Axie infinity” and “Gods Unchained” have gained traction over the past few months, with people from third-world countries playing it as their full-time job to earn income.
• Yield Farms — On the Solaire app, users will be able to stake their available cryptocurrencies to earn passive income off the revenue generated from the application through other means and earn additional Solaire tokens. Users do not need to understand DeFi or staking mechanisms to do this; it will be as simple as a few taps.
• Wallet Integration — The Solaire Wallet will be required for users to access functions through our platform.
• Incubation Platform —Solaire aims to build a platform specifically for incubating blockchain and non-blockchain applications within our app.
• Chain Agnostic — We plan on adding integrations with many blockchains in the crypto space, such as Polkadot, Ethereum, Binance Smart Chain, and Solana.
• Inbuilt Peer-to-peer payment systems — We plan to allow users through any feature in our platform to transact P2P transactions.

Through the Solaire app, users now have the opportunity to mint their content as an NFT and earn a considerable amount of incentives

We believe that Solana’s tx speed and low fees scale as the ecosystem grows without sacrificing censorship resistance or security can definitely let Solaire’s interoperability shine!

Here’s what the Solaire Network’s CEO has to say:

“Imagine yourself: yield farming, mint, and trade NFTs, chat with friends, post pictures and videos as regular posts same as on other social media apps, trading cryptos on different chains and different networks all in one app, sounds crazy, doesn’t it?”

- Joseph J (CEO and Founder of Solaire Network)

Oh well, these plans are only an opening point. If you want to keep updated with Solaire, check out our website, follow us on Twitter, and join our Discord to get in on the conversation.