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Trending
Copied ₹0.00146
₹ 0.00146
Market Cap
₹ 3.78 M 0.0000%
Circulating Supply
1327920000
Max Supply
1500000000
Volume
₹ 3.68 K
All Time High :
₹ 38.83
All Time Low :
₹ 0.0014
Price change in 24H :
₹ 0.046739
24H High :
₹ 0.0028
24H Low :
₹ 0.0028
Token distribution
5ire is a Layer-1 blockchain founded in 2021 by Pratik Gauri, Prateek Dwivedi, and Vilma Mattila with the mission of embedding sustainability into blockchain consensus. Its network, 5ireChain, uses a Sustainable Proof-of-Stake (SPoS) mechanism that scores validators on environmental, social, and governance (ESG) criteria drawn from more than 700 data sources, giving sustainable operators a higher chance of producing blocks. The project raised $121 million across three rounds, including a $100 million Series A in July 2022 that valued it at $1.5 billion and made it one of the fastest crypto unicorns on record. 5ireChain's public mainnet launched on August 7, 2024, with 1,500 TPS capacity, EVM and WASM support, and a model that returns 50% of gas fees to users. The 5IRE token has a maximum supply of 1.5 billion and about 641 million in circulation. As of September 2026, however, the token's on-chain market is nearly inactive: it trades at roughly $0.00002 with daily volume under $25 and a market capitalization of about $14,000 on Ethereum DEXs, down more than 98% year-to-date, and the project has published little public news since 2024.
5ire takes its name from "5IR," the Fifth Industrial Revolution. The project's framing is that the Fourth Industrial Revolution brought digitization and connectivity, while the Fifth will be defined by human-centered design, sustainability, and the alignment of economic incentives with social good.
The core idea is to move blockchain from a "for-profit" to a "for-benefit" paradigm. In conventional proof-of-stake networks, validators are rewarded purely on the size of their stake. 5ire's thesis is that consensus itself should reward participants who demonstrate sustainable practices, so that the network's economic engine directly incentivizes behavior aligned with the United Nations' 2030 Sustainable Development Goals (SDGs).
Beyond consensus, 5ire positions itself as infrastructure for "ESG as a Service" (ESGaaS): on-chain sustainability scoring, carbon-credit tooling, and corporate sustainability ratings that governments and enterprises could adopt. The stated ambition is to make blockchain sustainable and accessible to more than one billion people by 2030.
This mission-driven narrative, combined with an aggressive fundraising strategy and high-profile advisors, made 5ire one of the most talked-about Indian-founded crypto projects of the 2021–2022 cycle.
Pratik Gauri is 5ire's co-founder and CEO and its public face. A serial entrepreneur and speaker on impact economics, Gauri has framed 5ire around the concept of "earning more money by benefiting the world." He was named a Forbes 30 Under 30 honoree and has spoken widely at blockchain and sustainability events.
Prateek Dwivedi co-founded the company and has been associated with its operations and growth functions.
Vilma Mattila, a Finnish entrepreneur and investor, co-founded 5ire and led its early business development and fundraising.
The company is headquartered in Dubai with a registered entity in Noida, Uttar Pradesh, India, and has drawn much of its team and community from India. In late 2021 it added Didier Drogba, the former Chelsea and Ivory Coast footballer and UN goodwill ambassador, to its advisory board, a move that generated mainstream press attention.
Sustainable Proof-of-Stake is 5ire's central technical claim. It modifies standard PoS validator selection by adding sustainability and reliability weights.
According to 5ire's documentation, validator priority for block production is computed every 12 hours from several weighted factors:
Stake (50%): Higher stake raises priority, as in conventional PoS.
Randomized voting (20%): Nodes can vote for candidates, adding a stochastic element that gives smaller, active validators a meaningful chance of selection.
Sustainability score: A machine-learning system tracks more than 700 ESG data sources in real time to assign each validator a score reflecting energy sources, carbon footprint, and other criteria.
Reliability score: Uptime and performance history.
The intended effect is to increase the probability that smaller but highly active, reliable, and sustainable validators produce blocks, countering the stake-concentration tendency of pure PoS.
Q1 2024 roadmap items introduced ESG scores into reward computation, so that sustainable validators earn proportionally more. The Sustainability Scores Service exposes these scores on-chain for use by dApps.
5ireChain includes on-chain governance allowing token holders to propose and vote on changes, with the stated aim of "justified fair representation of all stakeholders."
It is worth noting that the sustainability-scoring methodology has not been independently audited or verified by third parties in public sources, a point Crypto Briefing raised at mainnet launch.
5ireChain is built on a Substrate-style framework and supports two execution environments:
EVM compatibility: Solidity contracts deploy directly, and the chain integrates with MetaMask. This was the primary developer on-ramp during testnet and mainnet.
WASM support: For contracts written in Rust and other languages compiled to WebAssembly, enabling higher-performance applications.
A "sustainability service" brings ESG data on-chain for use by smart contracts, and the roadmap described an EVM-based bridge to Ethereum for interoperability. The network's stated capacity is 1,500 transactions per second.
Two economic design choices distinguish the fee model:
50% gas rebate: Half of transaction fees are returned to users, lowering effective costs.
50/50 dApp revenue share: Creators of decentralized applications receive half of the gas revenue their contracts generate, an incentive model similar to Fantom's fee-sharing program.
5ire also introduced a gas-fee reimbursement program for developers to reduce operating costs during the ecosystem-bootstrapping phase.
During testnet and mainnet, 5ire shipped a set of first-party tools:
5ire Wallet: A Chrome extension supporting the native and EVM chains, with transfers, swaps, contract deployment, and transaction signing.
5ire IDE: A browser-based integrated development environment for compiling and deploying Solidity contracts to 5ireChain.
5ire Explorer: A block explorer for transactions, accounts, and validators.
Validator and Nominator apps: Interfaces for running validators and delegating (nominating) stake.
Sustainability Service: An oracle-like feed of ESG data.
Planned dApps (roadmap): A Carbon Credit dApp, a Decentralized Sustainability Corporate Rating (DSCR) Hub, a Data Brokerage system for nodes, and an Enterprise Licensing and dApp Marketplace.
The roadmap also referenced research into laser-based quantum-proof keys.
Maximum supply: 1,500,000,000 5IRE.
Circulating supply: approximately 641 million, per Bybit, 3Commas, and other trackers (September 2026).
Token standard: 5IRE originally launched as an ERC-20 on Ethereum, with the native coin used on 5ireChain after mainnet. The Ethereum DEX market is the one tracked by most price aggregators.
The 5IRE coin is designed for:
Gas fees on 5ireChain.
Staking by validators and nominators under SPoS.
Governance voting on network proposals.
Ecosystem rewards for sustainable behavior and developer programs.
Chain Broker records a private-sale price of about $0.0843. Public trading opened well below that level, and the token has since declined to a small fraction of a cent. The 5IRE token generation event was delayed from its original 2022 plan so the token could launch "with maximum utility alongside the mainnet," according to a Launchpool update from early 2022.
5ire has not published a widely cited, detailed public token-allocation chart in the sources reviewed for this article. Prospective holders should consult the project's official documentation for allocation and vesting details.
5ire's fundraising was the defining story of its early life:
The July 2022 Series A, announced at the depths of the 2022 bear market, made 5ire India's fastest crypto unicorn and one of the fastest globally, reaching a $1.5 billion valuation roughly a year after founding. Tracxn puts total funding at $121 million from 37 investors and still lists the company at a $1.5 billion valuation as of July 2026.
The February 2024 round's inclusion of Gotbit is notable. Gotbit was a prominent crypto market maker whose founder later pleaded guilty to U.S. federal market-manipulation charges in 2025, following an October 2024 indictment. There is no public allegation connecting 5ire to that conduct, but investors evaluating 5IRE's trading history should be aware of the association.
2021: 5ire founded. Seed round in October. Whitelist form draws over 60,000 responses. First hackathon and rebrand with new logo in October.
Late 2021 – early 2022: Didier Drogba joins as advisor; first offline Web3 event; $1.5 billion valuation reported.
July 2022: $100 million Series A closes.
September 2022: 5ire acquires a stake in Network Capital, a career-advancement platform.
Q2 2023: 5ire IDE, wallet extension, and Thunder Testnet Beta launch with validator and nominator apps. Testnet records 2 million+ transactions and 250,000+ wallets in the first month; cumulative testnet activity later reported at 21 million transactions and 270,000 wallets.
January 2024: NITI Aayog's Atal Innovation Mission launches a blockchain education module with 5ire and Network Capital for Atal Tinkering Labs in 10,000+ Indian schools.
February 2024: Follow-on funding round; roadmap published.
June 30, 2024: Mainnet beta (closed) launches; 5IRE token trades down sharply afterward.
August 7, 2024: Public mainnet goes live at 10 p.m. IST with limited validator slots and a three-month Grants Program.
2025–2026: Little public news; token market becomes nearly inactive (see below).
5ire's distinctive contribution is embedding ESG scoring directly into validator selection rather than offsetting emissions after the fact. Its weakness relative to peers is execution and adoption: the competitors above have multi-year mainnet track records and liquid markets, whereas 5ire's mainnet is two years old and its token market has effectively stalled.
As of September 2026, CoinGecko lists Uniswap V2 on Ethereum as the only active venue, with the 5IRE/USDT pair recording under $25 in daily volume. CoinMarketCap displays a price of $0 and zero volume. No major centralized exchange currently shows an active 5IRE market in the sources reviewed. Anyone considering a purchase should verify the token contract address through 5ire's official channels, confirm liquidity depth before trading, and expect extreme slippage.
ERC-20 5IRE: Any Ethereum wallet (MetaMask, Rabby, Ledger).
Native 5IRE on 5ireChain: The 5ire Wallet Chrome extension or MetaMask configured for 5ireChain.
5ireChain supports validator staking and nomination through its Validator and Nominator apps. Validator slots were limited at mainnet launch. Users should confirm that the applications and network remain operational before committing funds, given the limited public activity since 2024.
Informational only. Not financial advice.
Market cap: roughly $14,000, implying a fully diluted valuation near $34,000 at 1.5 billion max supply.
Daily volume: $5–25.
Liquidity: a single Uniswap V2 pool with minimal depth.
Decline from private-sale price: more than 99.9%.
Contrast with corporate valuation: Tracxn still lists the company at $1.5 billion, a figure derived from the 2022 equity round and unrelated to the token's market value.
Forecast sites such as CoinCodex project 5IRE remaining below $0.001 through 2030, and 3Commas' near-term range is $0.0000211–$0.0000233. These are algorithmic extrapolations of an inactive market and carry little predictive weight.
The public mainnet went live on August 7, 2024 with 1,500 TPS capacity, 50% gas rebates, limited validator slots, and a three-month Grants Program offering early-stage funding, market support, technical help, partner vouchers, and investor introductions. Crypto Briefing's coverage cautioned that the platform's real-world performance and sustainability claims remained unverified. This launch is the last major product milestone with broad third-party coverage.
5ire's February 2024 roadmap scheduled a Carbon Credit dApp, the Sustainability Service integration, the Decentralized Sustainability Corporate Rating (DSCR) Hub, and quantum-proof key research for this window. No independent coverage confirming delivery of these items was found in the sources reviewed.
Phase 4 promised Data Brokerage for Nodes (Q2 2025) and an Enterprise Licensing and dApp Marketplace (Q3 2025) as the foundation of an "integrated economy." As with Phase 3, no third-party verification of these launches appears in public sources.
Gotbit, a participant in 5ire's February 2024 funding round, saw its founder plead guilty to U.S. market-manipulation charges in 2025. This is not a 5ire event, but it is the most significant 2025 development involving a named 5ire investor and is relevant context for the token's thin trading history.
A March 2026 profile by development firm Boosty Lab summarized 5ireChain's status: mainnet beta launched summer 2024, a gas-fee reimbursement program for developers, the 5ire IDE, and the January 2024 NITI Aayog partnership. It contained no new product announcements, suggesting the public feature set has not materially changed since 2024.
Bybit's price page recorded 5IRE at $0.00002195 with a $14,070 market cap, $21.88 daily volume, and rank #9,125. Bybit's automated commentary noted weak sentiment, recommended staying on the sidelines, and observed that 5IRE lacked business support connecting to emerging demand.
BeInCrypto's mid-July analysis showed 5IRE down 98.45% since the start of 2026 with a weekly RSI reading of zero, a technical signature of a market with essentially no buyers.
Tracxn's refreshed profile listed 5ire as a Series A company with $121 million raised from 37 investors and a $1.5 billion valuation, headquartered in Dubai. The profile's most recent news items date to 2022, reinforcing the picture of limited recent corporate activity.
CoinGecko shows 5IRE at about $0.0000242 with $13.60 in daily volume on Uniswap V2; CoinMarketCap shows $0 and no volume; 3Commas shows $0.00002276 with a $14,588 market cap. Forbes' crypto data page continues to carry 5ire's original project description without recent updates.
Taken together, the 2025–2026 record shows a project whose mainnet exists but whose token market, public communications, and roadmap execution have gone quiet. This does not necessarily mean the chain is offline or the company has ceased operations; 5ire's corporate entities remain listed and its website remains live. But prospective users and investors should treat 5ire as a low-activity project until the team publishes verifiable updates on network usage, validator counts, dApp deployments, or exchange listings.
An official 2026 roadmap or progress report from the 5ire team.
On-chain metrics (transactions, active validators, TVL) published via the 5ire Explorer or third-party trackers.
Delivery of Phase 3 or Phase 4 products (Carbon Credit dApp, DSCR Hub, dApp Marketplace).
A centralized exchange listing restoring liquidity.
New enterprise or government partnerships beyond the 2024 NITI Aayog module.
5ire's marketing was among the most aggressive of the 2021–2022 cohort. Its playbook is worth documenting both as history and because it explains the gap between the project's $1.5 billion equity valuation and its token's current state.
The $100 million Series A at a $1.5 billion valuation was 5ire's single most effective marketing event. It generated coverage in Inc42, Economic Times, Forbes, and global crypto media, and positioned 5ire as India's flagship blockchain startup. Tracxn and Crunchbase still carry the unicorn designation.
Didier Drogba's advisory role brought mainstream sports and philanthropy audiences. The NITI Aayog / Atal Innovation Mission partnership, which placed a 5ire-developed blockchain module in over 10,000 Indian schools through Atal Tinkering Labs, provided government credibility and was announced with a statement from AIM Director Chintan Vaishnav.
The 2021 whitelist campaign drew over 60,000 responses. 5ire ran hackathons, an early offline Web3 event, and a rebrand, and accumulated large Telegram and X followings during the bull market.
The Thunder Testnet was promoted with wallet-registration and transaction campaigns, producing the 250,000-wallet and 2-million-transaction first-month figures that 5ire cited in all subsequent communications.
The August 2024 Grants Program, gas-fee reimbursement, and 50/50 dApp revenue share were designed to attract builders at mainnet. Limited validator slots were marketed as a scarcity mechanic.
Pratik Gauri's speaking circuit, podcast appearances, and "money and impact" messaging kept 5ire visible at sustainability and Web3 conferences through 2024.
No new campaigns, partnerships, listings, AMAs, or community programs were identified in public sources for 2025 or 2026. The marketing engine that defined 5ire's early years appears to have paused after mainnet.
Near-zero liquidity: With daily volume under $25 and a single DEX pool, positions of any size may be impossible to exit without severe slippage.
Communication gap: No verifiable project updates since 2024 create uncertainty about development status.
Unverified roadmap delivery: Phase 3 and Phase 4 milestones have no independent confirmation.
Valuation disconnect: The $1.5 billion equity valuation is a 2022 figure unrelated to the token's ~$14,000 market cap.
Investor association: A 2024 funding participant (Gotbit) was later at the center of a U.S. market-manipulation case.
Unaudited sustainability claims: SPoS scoring has not been independently verified.
Contract confusion: Both an ERC-20 and a native coin exist; verify which asset you are buying.
Regulatory context: Indian crypto taxation and regulation affect a project with deep Indian roots.
This article is for informational purposes only and does not constitute financial, investment, or legal advice.
A Layer-1 blockchain founded in 2021 that embeds sustainability into consensus through Sustainable Proof-of-Stake, scoring validators on ESG criteria. Its network is called 5ireChain.
Pratik Gauri (CEO), Prateek Dwivedi, and Vilma Mattila.
Yes, by equity valuation. Its July 2022 Series A valued the company at $1.5 billion. This is separate from the 5IRE token's market value.
A PoS variant that weights validator selection by stake, randomized voting, reliability, and a sustainability score derived from 700+ ESG data sources.
Beta on June 30, 2024; public launch on August 7, 2024.
Gas, staking, governance, and ecosystem rewards on 5ireChain.
1.5 billion, with about 641 million circulating.
Approximately $0.00002, with a market cap near $14,000 and daily volume under $25. The market is nearly inactive.
The token launched below its private-sale price, fell further after mainnet, and has seen liquidity and public activity dwindle since 2024, with a 98% decline in 2026 alone.
As of September 2026, only Uniswap V2 on Ethereum shows an active pair, with minimal liquidity.
The company and website remain live, but no verifiable product, partnership, or roadmap updates have been published since 2024.
In January 2024, India's Atal Innovation Mission launched a blockchain education module developed with 5ire and Network Capital for 10,000+ schools.
The former footballer and environmental activist joined 5ire's advisory board in late 2021.
$121 million across three rounds, including a $100 million Series A in July 2022.
Yes, it is EVM-compatible and also supports WASM.
5IRE is an extremely illiquid micro-cap token from a project with no recent verifiable updates. It carries a high risk of total loss. Consult a licensed financial advisor.
