CyberMiles ICO

CyberMiles ICO

Created using Figma
Created using Figma
CyberMiles ("CM") is the blockchain technology being developed by 5xlab, a blockchain development laboratory. 5xlab is working closely with 5miles, a leading c2c marketplace operator with more than 12 million users in the US.  5miles is expected to be the first platform to utilize CyberMiles’ blockchain protocol, and will also assist 5xlab to develop the technology. Over the last 3 years of leading innovation in online & local marketplaces, 5miles has accumulated the necessary technical and commercial know-how to tailor blockchain technology & smart-contracts for real-world applications. 5xlab seeks to use this expertise to develop CyberMiles, with focus on trust and compliance. This will enable it to be a mainstream blockchain technology for real-world businesses.
Risk: High
Nov 21, 2017
Dec 5, 2017
100% completed
$32 030 393
100% goal completed
past
Oct 24, 2017
Nov 25, 2017
100% completed
Raised funds - no Data
past
Token Details
Accepted Currencies
ETH
Company Details
Registered Country
Singapore
Additional Details
Categories
Platform, Retail

About CyberMiles ICO

CyberMiles Foundation Limited (“CyberMiles Foundation”), is a company limited by guarantee to be incorporated in Hong Kong and governed in a not-for-profit manner. It will work closely with 5miles LLC (“5miles”), with the aim of developing CyberMiles: a next-generation blockchain optimized for e-commerce and designed for mainstream adoption.

By focusing on e-commerce and online marketplaces, CyberMiles will integrate the latest blockchain innovations to power “Smart Business Contracts” on a highly effective chain, and resolve the latency issues associated with existing, general-use blockchains. Its utility token, CyberMiles Token, is planned to be a “master token” to fund & empower new e-commerce applications and projects, similar to how ETH is used for the current generation of ICOs.

Throughout the network development, CyberMiles Foundation will be assisting the governance of the decentralized platform, with strong involvement by members of the ecosystem. Our vision for the future is a public network that provides secure and trusted business services for its members, by its members.

5miles plans to gradually migrate its sellers and buyers, as the first group of users, onto the decentralized network. In other words, 5miles’s marketplace platform will be one of the first environments to utilize the network as a back-end service and jumpstart the ecosystem. Once the network reaches a critical mass, its own network effects, strengthened by incentives provided by the CyberMiles Token (“CMT”), are expected to be applied to other partner platforms and marketplaces, driving CyberMiles’ development as a market-leading blockchain protocol for commercial and marketplace applications.

Features

Community-based conflict resolution.
User-generated & user-curated “5miles Groups”.
Local Promotions and Brand Ambassadors.
Marketplace “leads” bidding.
Shared advertising resources.
Democratic community management.

Technical Info

Technical details:  Ethereum ERC20 standard token. Initial CMT based on ERC-20 would be exchanged on a 1:1 basis with native CMT issued on CyberMiles’ blockchain. The source code:  The code is not available. Proof of developer:  Public Team.

CyberMiles ICO Roadmap

  • APR. 2014

  • 5Miles LLC established.
  • JUN. 2014

  • 5miles receives $5 million (USD) Series A investment from SIG.
  • OCT. 2014

  • Testing of the 5miles app begins.
  • JAN. 2015

  • The 5miles app launches in the US.
  • Read More
  • JUN. 2015

  • 5miles receives $17 million (USD) Series B investment, led by IDG and Morningside.
  • NOV. 2015

  • 5miles introduces user-verification and fraud-detection technology, further strengthening it's innovative marketplace safety features.
  • JAN. 2016

  • 5miles’ gross merchandise value reaches $100 million; receives $30 million (USD) Series B-1 investment, led by Blue Lake and Puhua.
  • JAN. 2016

  • 5miles’ gross merchandise value reaches $100 million; receives $30 million (USD) Series B-1 investment, led by Blue Lake and Puhua.
  • JAN. 2017

  • 5miles surpasses 11 million users, becoming a top 10 shopping app in the US (data from Similar Web); begins exploring blockchain initiative.
  • JUN. 2017

  • 5miles receives $10 million (USD) follow-on funding from existing investors (pending closing).
  • AUG. 2017

  • 5xlab formally launched, focusing on CyberMiles blockchain program; developing CyberMiles v0.1.
  • OCT. 2017

  • 5xlab to explore the issuance of CyberMiles tokens (CMT).
  • JUN. 2018

  • 5miles app to begin accepting CMT to facilitate marketplace transactions.
  • DEC. 2018

  • 5xlab to launch v1.0 of CyberMiles’ version.
  • DEC. 2018

  • 5xlab to launch v1.0 of CyberMiles’ version.
  • MAR. 2019

  • CM modules to be available for use on other platforms to facilitate further adoption.

Activity

Activity:
196
MEDIUM
Posts:
451
MEDIUM
Views:
31 899
VERY HIGH
Activity:
196
MEDIUM
Merit:
100
MEDIUM
Posts:
574
HIGH
Views:
158 211
VERY HIGH
Users:
271
HIGH
Posts:
436
HIGH
Followers:
13 905
VERY HIGH
Likes:
13 202
VERY HIGH
Followers:
291 026
VERY HIGH
Tweets:
1 516
VERY HIGH
30 Days Growth:
-238
Members:
18 256
VERY HIGH
30 Days Growth:
-777

CyberMiles ICO Team

Verified 0%

Attention. There is a risk that unverified members are not actually members of the team

Dr. Lucas Lu
CEO/Founder
unverified

3 ICO

$32 030 393

Alex Lau
unverified

3 ICO

$32 030 393

George Chen
unverified

2 ICO

$32 030 393

Garwin Chan
CFO
unverified

2 ICO

$45 000 000

Violin Wang
unverified

2 ICO

$32 030 393

Rick Cantu
General Manager
unverified

2 ICO

$32 030 393

Trey Troxel
Product Strategist
unverified

2 ICO

$32 030 393

Valerie Coleman
BD Director
unverified

Advisors

Verified 0%

Attention. There is a risk that unverified members are not actually members of the team

2 ICO

$32 030 393

Dr. Michael Yuan
unverified
Amanda Bush
Advisor
unverified
Malachi Boyuls
Advisor
unverified
Frank Lee
Advisor
unverified

3 ICO

$32 030 393

Mark Brinkerhoff
Advisor
unverified

2 ICO

$49 330 393

Ash Han
unverified
Michael Daugherty
unverified

CyberMiles ICO Last News

3.28
risky+
5.0 5
ICO Profile Vision Activity Potential Product Team

CyberMiles ICO Reviews

bitcoinexchangeguide.com
reviews

CyberMiles is a blockchain platform built by 5miles, one of the world’s leading consumer-to-consumer marketplaces, in partnership with 5xlab, a blockchain technology company. The goal is to create a platform catered specifically for commercial and marketplace use. The platform consists of smart contracts, a virtual machine, middle-layer off-chain software stacks, and other features.

Read More
  • Because there may be time differences in information updates, accurate information about each ICO project should be verified through its official website or other communication channels.
  • This information is not a suggestion or advice on investing in ICO funding. Please thoroughly investigate the relevant information yourself and decide on ICO participation.
  • If you think there are issues or problems to be corrected on this content, or if you would like to submit your own ICO project to be listed, Please email us.
Please read the disclaimer and risk warning. Show disclaimer and risk warning.
Planning an ICO? We can help with a wide range of support for all stages of your ICO