CYBERMILES REVIEW

What is CyberMiles？

CyberMiles = linux system + blockchain technology
Focus on Smart Business Contract. Our goal is to incorporate blockchain technology into the real business world
5miles，will become the first Dapp on CyberMiles Blockchain!
5miles = 5miles(Craigslist)+Cybermiles blockchian+ 12 million US-based e-commerce users
5miles is a top 10 shopping app in the US
5miles received $62 million(USD) from SIG, IDG, Blue Lake, Puhua, followed by Alibaba, ebay
5miles surpasses 12 million users & $3 billion of annual transaction value.
CyberMiles VS ETH，What’s the main difference, and Why we must create Cybermiles?
Cybermiles’ Smart Business Contract is designed to be far more powerful than Ethereum Smart Contracts. It will be the next generation Ethereum (ETH).
CyberMiles is optimized for e-commerce applications. It will provide a large library of commerce-related Smart Business Contracts, making it a breeze to build decentralized commerce applications.
Similar to ETH on Ethereum, applications built on CyberMiles could use CMT to issue their own ICO. The market size for e-commerce applications is over $1 trillion.
CyberMiles could support tens of thousands of transactions (TPS) per second through a state-of-the-art Proof of Stake (PoS) consensus engine. In contract, Ethereum today only supports 10 TPS.
CyberMiles encourages effective participation. New tokens will be minted over time as the network grows. As holders of CMT tokens are crucial to the DPoS consensus, they have the opportunity to receive new tokens.
As the CMT is optimized for e-commerce use, it is designed to facilitate decentralized settlement like Ripple (XRP). XRP settles transactions between big banks, while CMT will settle transactions between e-commerce and peer-to-peer finance parties.
CMT will become the first cryptocurrency to be used by over 12 million US-based users. The CyberMiles network will soon be several times larger than the Ethereum network.
Partnership with 5miles gives CyberMiles a fast start by integrating its 12 million users & $3 billion of annual transaction value onto the network. The user data is why other e-commerce applications will be built on CyberMiles.

Cybermiles’ Strategic partner（more powerful partners list will be released soon）

COBIHOOD exchange platform
5miles

Big Boss behind Cybermiles!

Dr. Lucas Lu, CEO/Founder of 5miles. Lucas received his PhD degree in Particle Physics from SMU in 2005. He worked at CERN when he participated in theoretical and experimental research of Higgs Particle. Dr. Lucas Lu, was previously a co-founder and CTO of Light In the Box, a company which went public on the NYSE, and prior to that, Lucas was the first GM of Alibaba’s Taobao Mobile platform, and was the GM of another Alibaba business unit. Lucas founded 5miles in 2014.
Amanda Bush, Advisor to CyberMiles and 5miles. Amanda is a partner at St. Augustine Capital Partners, a partnership offering consulting services and strategic advice in technology, energy, real estate, and financial services. Amanda co-chaired the Barbara Bush Foundation for Family Literacy’s Celebration of Reading from 2003-2014.
Frank Lee, Advisor to the CyberMiles Foundation. He had successfully developed the first Litecoin ASIC miner in the world and founder of two companies included in MI eco system. He has invested in and co-founded companies in various areas, including Game, VR, AR, IOT, etc.
Ash Han, Strategic Advisor to CyberMiles Foundation. Blockchain and DLT Evangelist. Co-Founder at Cosmos/Interchain Foundation. Board Advisor at Tendermint. Founder of Ethereum Korea.
Dr. Michael Yuan, Director of the CyberMiles Foundation. Michael received a PhD in Astrophysics from University of Texas at Austin. He is the author of 5 books on software development, published by Prentice Hall, Addison-Wesley, and O’Reilly. Michael was an active code committer in large Open Source projects such as Firefox, Fedora, JBoss, and others.
Alex Lau, Director of the CyberMiles Foundation. Previously, was the R&D Manager for SUSE Linux in Beijing and Taiwan and was the CTO for Symbio Mobile. Consultant for SUSE, and advisor to WeBank.
Malachi Boyuls, Advisor to CyberMiles and 5miles. Malachi is a partner at St. Augustine Capital Partners. Previously, he was an attorney in Dallas at Gibson, Dunn, & Crutcher LLP, where he practiced in the firm’s regulatory groups, including antitrust, energy, securities, and intellectual property.

CyberMiles’ Professional Counsel

EY. 2. Deloitte. 3. KING&WOOD MALLESONS. 4. Locke Lord.

News Coverage

Forbes. 2. CNBC. 3. WJS. 4. TechCrunch. 5. NYC. 6. HUFFPOST. 7. USA today. 8. business. 9. BuzzFeeD.

Remark

Cybermiles accepts people to buy CMT token from the US(NO LIMITS)
Amanda Bush is not only an adviser, but also a investor in CyberMiles project

Here is the updated timeline and key information for newcomers reference:

Registration is now open, and participation in both the public sales event and pre-sales event will only be open to pre-registered individuals.
For the pre-sales event, with a minimum of 20 BTC and a maximum of 200 BTC commitment
For the public token sales event, with 0.1 BTC minimum commitment or equivalent ETH around 1.4 ETH.
Registration is scheduled to early commitments(presale) end on October 23rd, 2017.
Start of public whitelist Collection and analysis is October 24rd,2017 to November 21rd,2017
Start of public token sales event will be on November 21rd, 2017 to November 28,2017.
Additional materials, including CM Position Paper and Registration FAQ are also available for your reference at:

Preliminary pricing (and may be subject to change):
A. CyberMiles will issue a total of 1 billion CyberMiles Tokens (“CMT”) for sale (through public and private sales), with the preliminary public offering price of 1 BTC = 100,000 CMT
B. For the private pre-sales (with the minimum and maximum limits), there will be a 30% discount on the CMT purchase price.
C. CyberMiles token pre-sales will end on October 23rd, unless the hard cap on pre-sales amount of 350 million tokens is reached before then, in which case we will end the pre-sales event.
D. Currencies accepted are BTC(only in pre-sales) , ETH(only in pubilc sales)
Additionally, you can find more information regarding the 5miles platform through the following channels:
Telegram(English): https://t.me/cybermilestoken Telegram (繁体中文): https://t.me/CyberMiles Telegram(한국어): https://t.me/CybermilesKorea Facebook: https://www.facebook.com/cybermiles Twitter: https://twitter.com/cybermiles Reddit: https://reddit.com/user/cybermiles Email: [email protected]
http://www.pingwest.com/5miles-ico/ http://www.citnews.com.cn/news/201709/54144.html http://tech.china.com/article/20170906/2017090656362.html https://medium.com/cybermiles/what-is-cybermiles-a457f08fa6a7 https://medium.com/@CollinstarCapital/cybermiles-can-5miles-achieve-success-again-19ae0ab73764 http://www.businesswire.com/news/home/20170928005385/en/5miles-Announces-Blockchain-Technology-Collaboration-CyberMiles https://www.forbes.com/sites/curtissilver/2017/10/03/5miles-launches-cybermiles-blockchain-projViolin: ect-to-decentralize-the-online-marketplace/#6f4d75ae6d3a
https://www.huffingtonpost.com/entry/3-ways-decentralized-apps-are-revolutionizing-online_us_59dc7e60e4b060f005