30 Sep 202216:01
5ire AMA Recap
Nice to be here 😊
Denis (CryptoDiffer)Welcome, thank you for taking your time today!
Our team has prepared some questions for you to start with:
Let`s start with the introduction !
Q1: Can you introduce yourself to our community?
Devansh Dubeyyes sure
Devansh here, I am a tech graduate turned marketer. Why if you ask? I love the fact that marketing gives a product new wings and a new face altogether to grow at a rapid pace! I also love designing and seeing art everywhere from a child's drawing to the complex mechanism of 5ireChain. 😂
I work as a social media team manager for 5ireChain and just love this project🚀
Denis (CryptoDiffer)Q2: Can you briefly tell us what is 5ire in 3-5 sentences?
Devansh Dubey5ireChain is the first truly sustainability-driven platform that incentivises enterprises to be more sustainable & innovative, just by making the world a better place. Actions in the 5ireChain adhere to the philosophy of 5IR, creating a net positive impact on the planet.
With regards to its open source or corporate competitors, 5ireChain is superior in the following ways :-
👉 Stronger security guarantee
👉 Sustainability by design
👉 First movers in the market
👉 More Decentralised
👉 Better Governance & Democracy
👉 Easier Upgradeability
👉 Faster Transaction Speed
Denis (CryptoDiffer)Q3: Let`s now talk about the milestones you have achieved so far and about your upcoming plans?
Devansh Dubey@asthhaaaa can you take this one
Astha SinghSure, I'll take that one. Thank you for having us here today by the way :)
As you all probably know, we've recently become one of the world's fastest unicorns with a valuation of $1.5BN after an investment of $100MN by UK-based Sram & Mram group 🦄 This has been one of our biggest milestones this year, hopefully there will be more :)
Keep an eye out on our social media accounts to stay updated with more such news! ⤵️
Apart from this:
5ire ecosystem now has its own blockchain, its own wallet, its own exchange which we acquired, its own NFT / metaverse marketplace, and its own security wing.
Please check our ecosystem here:
Lastly, please see our investor dockey. We now have crypto OGs + tier 1 funds + Fortune 500 companies like Huawei supporting us.
And ofcourse, we are going live in testnet mode very shortly so stay stuned for further updates on that :)
Denis (CryptoDiffer)Q4: When can we expect the 5ireChai mainnet to be live?
Astha SinghSo a testnet is good news that the mainnet is nearby too :D
The mainnet will probably be live by Q4, 2022
Denis (CryptoDiffer)Thank you for such detailed and interesting answers!
It is time to move to the community questions part.
Let's remind AMA rules to the community😊
❗️ AMA structure and rules: 👥
- Community questions part starts after the guest/guests finishes/finish answering the introduction questions asked by the moderator. Moderator unmutes the chat to allow up to 100 messages and mute it.
- Each person is allowed to write only one message containing 2 questions, violators will be disqualified from participating in the reward distribution.
- Copy-pasted questions from previous AMAs are strictly forbidden, violators will be disqualified from participating in the reward distribution.
- All questions&concerns regarding AMA members should send in dm to @cryptodiffer_admin
- Important, please don`t write to other CryptoDiffer team members, they won`t be able to help you.
- Winners are chosen by Guests.
I will open the chat at 1:53 UTC, check exact time on time.is
Chat is muted! Thank you for your questions, everyone!
Astha Singh|Social Media Team Lead| @asthhaaaa,Devansh Dubey|Social Media Team Lead| @d_dhere,please choose the questions you like and answer them! If you wish to have additional rounds, just let me know
Cryptodiffer CommunityCan you explain to us, What are the requirements to become a validator and what are the benefits?
Astha SinghPlease reach out to us at firstname.lastname@example.org if you're interested in becoming a validator.
Here's the documentation for you to learn more - https://assets.website-files.com/6217c768b8b19637dc690fd8/62de099de724d725875fe573_5ire_Validators_pdf.pdf
Alternatively, you can fill this form on the website - https://www.5ire.org/become-a-validator :)
Cryptodiffer CommunitySECURING WEB3 is Very Important Topics, Do You agree or not , Can I know What Strategy you have planned to SECURE 🔐 Your platform from HACKERS , Tell me some security measures. ?
Devansh DubeyHey thankyou for this question
I'll be brief about this,
here are some innovation from the 5ireTeam on this aspect
Hardware root of trust
you can goto these links for more
Cryptodiffer CommunityWhere is your community located? Does your community only speak English? Don't you have any plans to open communities in various countries?
Devansh Dubeyno we have all communities you can find them at
Cryptodiffer CommunityI found it interesting SOON will launch the 5ire Chain Testnet. Can you give us more details about this and new updates that this tesnet will have? How could I be part of this?
Astha SinghPlease follow our social media to stay updated with information vis-a-vis the testnet! We will be posting manuals, blogs, etc. to make you have a clear understanding of what's happening and what is in the pipeline.
Additionally, we have a couple contests running with regards to the testnet so you could also participate in them and stand a chance to win rewards 💴
llinktr.ee/5ireChain - Here's a link to all our socials!
See you There
Cryptodiffer CommunityI am curious, what does "5ire" mean, where did this name come from? What does it represent? And how does it define the intention of the project? Could you tell us a little more about the origin of this name?
Astha SinghThanks for the question! The name 5ire was actually coined from the 5th Industrial Revolution - 5th - 5, Industrial - I, Revolution - RE
Astha SinghI think we're done here
Denis (CryptoDiffer)Thanks for your time
Thank you to everyone who took part!
Chat is unmuted