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Introduction to Cere Network (CERE)

Introduction to Cere Network (CERE)

Beginner
2022-07-21 | 5m

Welcome to Bitget - the world’s fastest growing crypto derivatives trading platform.

Cloud is a popular IT resource, especially in businesses. Business owners can start running their businesses without buying, owning, and maintaining physical data centers and servers.

Furthermore, if business owners need some tailor made functions, you can access different services provided on the cloud, such as computing power, storage, and databases, rather than hiring developers.

AWS, Google Cloud and Microsoft are famous cloud service providers. The cloud service has become one of the core business of those tech giants generating billions of profit each year.

And in Web 3, we have Cere Network (CERE).

What is Cere Network (CERE)?

Different types and sizes of businesses require different cloud services like data backup, email, software, testing, big data analytics… Cere Network is a blockchain platform that focuses on providing data cloud solutions for business owners.

The team designed tailor made products on the blockchain platform suit different company’s needs, no matter how unique and complicated they are.

For example, hospitals are using the cloud to record patients information and develop more personalized treatments. E-commerce owners can use the cloud to manage customer relationships to increase efficiency.

With the features of the blockchain network, Cere Network is fully decentralized and immutable. Compared to a centralized server, the data on the blockchain network can not be changed or stolen easily.

Introduction to Cere Network (CERE) image 0

Souce: cere.network

Cere Network is also a more open blockchain platform. It enables cross-chain interoperability between different blockchain networks. So that it is much easier to use.

How does it work?

Cere Network provides unique products and services to business owners to utilize their own consumer data and manage the storage. With a decentralized data cloud, a data ecosystem with privacy and compliance is created.

Cere also acts like a bridge between the traditional operations and decentralized finance. SaaS-DeFi smart contracts provide solutions for all contracts and invoices. This

A NFT marketplace is also available on the Cere Network.

What can CERE token do?

  1. Governance: CERE holders have voting rights in the Cere’s foundation on both governance and future development.

  1. Staking: CERE holders can stake CERE to earn interest.

  1. Paying the gas fee: The token can be used to pay the gas fee for the operation of Cere’s decentralized data cloud.

Here is the details of CERE token:

  • Token Name: CERE Token

  • Blockchain: Polkadot

  • Total Supply: 10,000,000,000 CERE

  • Circulating Supply: 690,000,000 CERE

Token Allocation

  • Team Advisors: 24%

  • Token Sale: 21.2%

  • Foundation Reserve: 17.3%

  • Network Development: 12%

  • Enterprise Partners: 9.6%

  • Developer Outreach: 8.4%

  • Early Staking: 7.5%

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