Blockchain unicorn 5ire.org raised $100 million of funding


Blockchain unicorn 5ire.org raised $100 million of funding, making it one of the world’s fastest growing unicorns with a valuation of $1.5bn.


Pratik Gauri, the company's 32-year-old founder, founded it only a year ago. It intends to launch a testnet on November 30, followed by a token launch shortly after. 5ire has developed its own PoB (Proof of Benefit protocol) in accordance with the principles of the so-called "fifth industrial revolution." It is thought to be the world's first mathematical model of sustainability. The co-founders of 5ire will represent the company at the India Global Forum, alongside top government officials from the Middle East, India, the EU, and North America.

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