Exnetwork Invests in Sustainable Blockchain with 5ire
Exnetwork announces its investment in 5ire, a sustainable and interoperable blockchain that aims to bring a paradigm shift from a for-profit to a for-benefit economy and enable the 5th industrial revolution.
The 5irechain: the World’s first blockchain for benefit
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. The 5ire team ensures that their activities 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. On top of that, the company assures democracy between all the participants and governance for the purpose of bringing union and to ensure the longevity of the 5irechain sustainable vision.
5ire wants to stay true to these concepts: 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.
Blockchain and Sustainable Growth
Blockchain was once used exclusively for buying and selling bitcoins, but it has now entered the mainstream space of computer apps, fundamentally changing the way internet transactions can be done by establishing trust between unknown parties. However, despite the technological and economic advances, blockchain ecosystems are wrapped in a for-profit paradigm where the human factor is missing.
The future is uncertain and our resources are limited. This absence of the service of humanity in the base layers of the conceptions and implementations of the chains leaves the logic in the bytes level without guidance, by design. This paradigm focuses on gains and maximization of profit with no sustainable futurist vision being implied. 5ire believes we cannot afford unwise and uncontrolled technological growth. Thus we need to bring back control and guidance over this growth towards the service of humanity.
The goal of 5ireChain is to embed the for-benefit paradigm deeply inside the blockchain runtime logic thus ensuring that sustainability is how the agreed-upon consensus mechanism operates. Only by having this change at the core of the blockchain, we can ensure that the upper logic and activity follow.
With an innovative and diverse marketing strategy, entrepreneurship leadership, and a skillful team, 5ire is destined to have a successful launch. Blockchain has come a long way, and we’re excited to see the positive role it’s going to play in the years to come.
Get the latest news and updates from 5ire:
Website: https://5ire.org
Telegram: https://t.me/OfficialFireChain
Medium: https://medium.com/@5ireChain
Twitter: https://twitter.com/5ireChain
YouTube: https://www.youtube.com/channel/UCoZcJTRdatIVPiTXtsZg3uQ
Get to know Exnetwork Capital
Exnetwork is Philippines’ #1 crypto fund with strong ties to every major geographical crypto community in the world. It’s exceptional network include several DAOs, telegram communities, a leading validator, incubator, idea labs, gaming guilds and growth agency.
In 2021, we’ve seen an incredibly strong period for innovation at Exnetwork Capital, with a barrage of creative projects developed by builders, early adopters, and visionaries all looking to develop the next big thing in crypto. Exnetwork Capital aims to invest in a diverse group of projects that will surely disrupt the market.
Website: http://exnetworkcapital.com/
Medium: https://medium.com/exnetwork
Telegram: https://t.me/exnetworkpublic
