Abdul rahman kasim
2 min readJan 22, 2023

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5irechain is a decentralized platform that aims to provide a secure and efficient way for businesses and individuals to conduct transactions. The project utilizes a proof-of-stake consensus algorithm, which allows for faster transaction processing and lower energy consumption compared to proof-of-work algorithms used by some other cryptocurrencies.

One of the key features of 5irechain is its use of smart contracts, which enable the creation of decentralized applications (dApps) that can be used for a variety of purposes, such as supply chain management, digital identity verification, and more.

The team behind 5irechain is committed to building a strong and active community, and they regularly engage with users through their official website, Discord, Telegram chat, Telegram Announcement, Medium blog, YouTube channel, Twitter account, LinkedIn page, and Reddit account.

The 5irechain team is also focused on partnerships and collaborations to drive adoption and development of the platform. They are constantly working on new partnerships and collaborations in order to bring new use cases for their blockchain technology.

5irechain is working on a variety of developments such as their 5IRE token, which is the native token of the 5irechain ecosystem, it will be used for transaction fees, network governance, and other use cases. Another development is their 5irechain Virtual Machine (5VM), which is a high-performance virtual machine that is designed to support the execution of smart contracts on the 5irechain network.

In conclusion, 5irechain is a promising blockchain project that aims to provide a secure and efficient platform for businesses and individuals to conduct transactions. With its focus on community building and partnerships, as well as its use of cutting-edge technologies like smart contracts and proof-of-stake consensus, 5irechain is well positioned to make a significant impact in the blockchain space.

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5ireChain
Review 5ireChain ($5IRE) — A blockchain ecosystem that brings forward Sustainability 14
5ireChain IDO Whitelist on DAOStarter

IDO Details

Whitelist date: 6:00 am 20th of January 2022 UTC
Whitelist closed: 3:00 am 26th of January 2022 UTC
Sale date: 7:00 am 26th of January 2022 UTC
Sale closed: 10:30 am 26th of January 2022 UTC
USD$150,000 of $5IRE will be available through the IDO, totalling 750,000 tokens
Min investment: $300
Max investment: $1000
IDO Type: FCFS
IDO Price: $0.2
Currencies: USDT
Network: BSC
Selected addresses for whitelist: 700
Vesting Period: 20% TGE, 20% monthly

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