5ire Chain
5ire Chain
Blockchain Technology

5ire Chain

The Story

5ireChain is a scalable decentralised, sustainable open-source blockchain with smart contract and ESG ranking services. It is a blockchain ecosystem for Impact and SDG related development to help accelerate the United Nations 2030 Agenda for Sustainable Development. 5ire includes 5ireChain, the world’s first sustainable blockchain; 5ire VC, 5ire’s venture capital arm; and 5ire Labs, 5ire’s research and development hub. 5ire uses Machine Learning to track +700 ESG data sources in real-time to form a Sustainability Score for the Validators of the chain. 5ireChain’s transparent on-chain governance mechanism allows everyone to participate in the network democratically, and propose changes which assures a justified fair representation of all the stakeholders.


The Blockchain

5irechain (5IR).

The Results

5ire was founded in August 2021 by Indian-origin entrepreneurs, Pratik Gauri and Prateek Dwivedi, along with web3 financier Vilma Mattila. The company raised $21 million in Seed funding within two months of incorporation. In February 2022 5ire raised $100 million in equity-based funding from UK-based conglomerate SRAM & MRAM.

About Crowd

Crowd is an independent global marketing agency that specialises in the creation and delivery of environmentally sustainable product and service promotions. We proudly amplify demand for new and established brands with a conscience.

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