Pratik Gauri, CEO of 5ire, on Earning Money by Doing Good, and More | Ep. 373

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Cryptonews Podcast host Matt Zahab recently sat down for an exclusive chat with Pratik Gauri, the founder and CEO of 5ire, a fifth-generation blockchain ecosystem, built from the ground up with the United Nations (UN)’s sustainable development goals in mind.

Gauri discussed the intersection of profit and purpose, the concept of earning more money by benefiting the world, and how 5ire enables this.

He talked about the novel sustainable proof-of-stake model, its profitable ESG-as-a-service model, and the major (past and upcoming) milestones on the project’s path.

Gauri had built eight companies before 5ire. His goal has always been to impact a billion people positively, he told Matt.

After exiting the last company, he identified his niche – the Fifth Industrial Revolution.

This is when he realized he wanted to work at the intersection of profit and purpose, or money and impact.

Gauri wanted to “prove that people can make money while doing good.” Actually, the more good they do, the more money they make, he said.

Therefore, 5ire was his entry into the cryptocurrency/blockchain/Web3 space.

“I was motivated by how you can impact a billion people, but not through philanthropy because I wasn’t rich,” he said.

Gauri doesn’t even believe in that concept – he finds it unsustainable.

Big week on @5ireChain!