Road map - CyberMiles
5Miles LLC established.
5miles receives $5 million (USD) Series A investment from SIG.
Testing of the 5miles app begins.
The 5miles app launches in the US.
5miles receives $17 million (USD) Series B investment, led by IDG and Morningside.
5miles introduces user-verification and fraud-detection technology, further strengthening it's innovative marketplace safety features.
5miles’ gross merchandise value reaches $100 million; receives $30 million (USD) Series B-1 investment, led by Blue Lake and Puhua.
5miles surpasses 11 million users, becoming a top 10 shopping app in the US (data from Similar Web); begins exploring blockchain initiative.
5miles receives $10 million (USD) follow-on funding from existing investors (pending closing).
5xlab formally launched, focusing on CyberMiles blockchain program; developing CyberMiles v0.1.
5xlab to explore the issuance of CyberMiles tokens (CMT).
5miles app to begin accepting CMT to facilitate marketplace transactions.
5xlab to launch v1.0 of CyberMiles’ version.
CM modules to be available for use on other platforms to facilitate further adoption.