5ire, a blockchain platform committed to sustainability, has officially launched its mainnet, marking a significant step towards a greener Web3 future. The launch follows a successful testnet phase that saw over a million on-chain transactions in just the first month, demonstrating the platform’s potential.
5ire’s mainnet is designed to process up to 1,500 transactions per second, with a unique feature that returns half of the gas fees to users. This innovative approach, coupled with the platform’s sustainable Proof-of-Stake (SPoS) model, incentivizes users to adopt environmentally friendly practices. This SPoS model sets 5ire apart, challenging traditional views on the environmental impact of blockchain technology.
Pratik Gauri, CEO and Co-founder of 5ire, emphasizes the platform’s mission: “Our mission is to demonstrate that blockchain technology can be a powerful force for good.” 5ire’s commitment to sustainability is evident in its partnerships with institutional clients, including the government of India, and its active role in fostering a Web3 developer community through hackathons and meetups. The platform further encourages the adoption of its eco-friendly blockchain through a Grants Program, providing funding, marketing support, technical assistance, and connections to strategic investors for early-stage projects.
With its focus on sustainability and user-friendly features, 5ire’s mainnet launch represents a crucial step towards a more environmentally conscious Web3 future. The platform’s unique SPoS model and commitment to supporting sustainable projects positions it as a leading force in the movement to build a greener digital world.
