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5miles

5miles

5miles is a mobile application and website allowing users to list goods and services on a local exchange.

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Investors

5miles has received $52,000,000 in funding in 3 Series of investment rounds.

The Series A raised $5,000,000 and the two Series B raised $17,000,000 and $30,000,000.

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Additionally, 5miles held anInitial Coin Offeringin October of 2017, raising around $30 million worth ofEthereumin exchange for their CMT tokens.CyberMilesis the official name of theirCryptocurrency.

Features

The website revolves around providing a means of exchange between vendors and consumers.

People are allowed to list their personal goods, which can be previously used.

The site loosely resembles Craigslist although it is completely modernized.[0]

See Also

Decentralized

References

[1]

Citation Link5miles.com5miles’ website

Nov 3, 2017, 2:59 AM
[2]

Citation Linkcrunchbase.com5miles on CrunchBase

Nov 3, 2017, 3:02 AM
[3]

Citation Linkfacebook.com5Miles on Facebook

Dec 12, 2017, 12:30 AM