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Cybermiles

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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.
General
Website: Visit
White paper: Read
ICO Time: 21 Nov 2017 - 21 Dec 2017
Country: USA
Token info
Ticker: CMT
Platform: Ethereum
Available for sale: 700,000,000 CMT
Total supply: 1,000,000,000 CMT
Video
Financial
Raised $ 30,000,000
ICO Price: ≈ 0.0524 USD
Accepting: ETH
Hard cap: 700 000 000 CMT
Screenshots taken 6 Feb 2018
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.
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. 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.
MAR. 2019
CM modules to be available for use on other platforms to facilitate further adoption.
Dr. Lucas Lu
CEO/Founder
Dr. Michael Yuan
Alex Lau
George Chen
Garwin Chan
CFO
Violin Wang
Rick Cantu
General Manager
Trey Troxel
Product Strategist
Valerie Coleman
BD Director

Advisors (6)

Amanda Bush
Advisor
Malachi Boyuls
Advisor
Frank Lee
Advisor
Mark Brinkerhoff
Advisor
Ash Han
Advisor
Michael Daugherty
Advisor
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