5ire

What Is 5ire?

5ire is a blockchain ecosystem that brings forward Sustainability, Technology & Innovation to build the 5th industrial revolution.

5irechain is a fifth-generation blockchain that will bring a shift in paradigm from a for-profit to a for-benefit by embedding sustainability and social impact deep inside the 5irechain runtime logic, and ensure that the activities which are aligned with the United Nations Sustainable Development Goals either on-chain or in the real world are highly incentivized with the cutting-edge multilayered Proof-Of-Fire consensus mechanism and reward distribution engine. All of this while assuring democracy between all the participants and governance for the purpose of bringing union and to ensure the longevity of the 5irechain sustainable vision.

The startup will revolve around the concepts of transparency, immutability, and verifiability in blockchain transactions, so the donors can feel secure and confident and add more and more value for the service of humanity.

5ire Unique Features

In contrast to trends in the Fourth Industrial Revolution toward dehumanization, technology, and innovation, best practices need to be bent back toward the service of humanity. 5ire is a gateway in the smooth transitioning of the world from 4IR to 5IR.

5ire consists of an architectural framework with strong guarantees:

● Sustainability by design — 5ireChain’s main goal is to create a user-centric sustainability-driven ecosystem, and it is able to achieve this by having sustainability embedded inside the 5ireChain consensus mechanism and runtime logic. Thus, making sure that sustainable participation in the network or in the real world is highly incentivized.

● Security — The cutting-edge technology that is used to build 5ireChain plus the Nominated Proof-Of-Stake scheme allows 5ireChain to have strong security guarantees that other older blockchains lack.

● Transactional scalability — 5ireChain is able to achieve high transactional throughput and it enables the migration of real-world use cases that need high scalability promises on-chain.

● Governance and Democracy — Older blockchains have no governance procedures and this has led to chain maximalism. 5ireChain’s sophisticated and transparent governance mechanism allows everyone to democratically participate in the network and propose changes.

Roadmap

5ire Token Economy

TBA

Detailed Token Metrics

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Token Distribution

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Token Release Schedule

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Partners & Advistors

Team Members