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5miles

5miles

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

[0]

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.

[1]

Additionally, 5miles held an Initial Coin Offering in October of 2017, raising around $30 million worth of Ethereum in exchange for their CMT tokens. CyberMiles is the official name of their Cryptocurrency.

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 2, 2017, 9:29 PM
[2]
Citation Linkcrunchbase.com5miles on CrunchBase
Nov 2, 2017, 9:32 PM
[3]
Citation Linkfacebook.com5Miles on Facebook
Dec 11, 2017, 7:00 PM