What is Cere Network (CERE)?
Cere Network is one of the pioneer Data-as-a-Service (DAAS) solutions built on the blockchain. The network was developed for data integration, management, and collaboration. In other words, it is a customer relations management platform based on a Decentralized Data Cloud (DDC). The Cere Network is built on the Polkadot network.
The platform has a native token called CERE. The current CERE price is featured on the Cere Network price chart above.
The main focus of the network is to create a system that prioritizes customer data privacy and secure data collaboration. The DDC system the project is based on is used to provide full data custody to its owners.
Moreover, Cere also aims to challenge the current way customer retention is being managed and make use of blockchain to make it more effective. Notably, the Cere data network has an open data registry that is secure, anonymous, and compliant with all relevant data regulations. This framework makes data acquisition and sharing easy, safe, and secure.
Businesses can easily use DDC to boost their value streams by plugging in their current apps and powering them with contextually relevant data, predictive analytics, and insights in real time.
Besides, the Cere Network offers an Open Data Marketplace (ODM) that does not have any of the conventional vendor lock-ins that other corporations use.
Use Cases of CERE Tokens
As a CERE coin holder, you can participate in the network governance processes. This means that you can vote on proposals that decide the future development and operations of the network.
Moreover, CERE crypto tokens can also be used for staking. By staking CERE tokens, users are able to become network validators or node operators. They are then rewarded with more Cere Network tokens for the services they provide to the network.
Finally, CERE is used as the utility token of the network's SAAS framework. This framework powers all the financial transactions within the network.
Interested in adding Cere Network tokens to your portfolio? Before doing that, make sure to thoroughly analyze the aforementioned Cere Network price chart. Knowing the current and the previous CERE price will allow you to make more informed purchasing decisions.
Who Founded Cere Network?
Cere Network was founded by Fred Jin, Ian Duggan, and Kenzi Wang in 2019.
Before working on this project, Fred Jin co-founded a successful gaming company called 50cubes.
Kenzi Wang, on the other hand, worked at Houbi as a general manager and then, later, as a vice president. In addition to that, he is the co-founder of Symbolic Capital.
Ian Duggan previously worked at Amazon and Twitch as a tech lead.
CERE Tokenomics
There is a maximum supply of 10 billion CERE tokens. The team was allocated 18% of the supply, 20.9% was allocated for private sales, and only 2% was allocated for public sales. Moreover, staking rewards, grants, and developer outreach were each allocated 5%, 4.9%, and 8%, respectively. The remaining supply was reserved at the foundation, as well as set aside for network development, marketing purposes, advisors, and the network’s enterprise partners.
These allocations each have different release schedules to prevent a dip in the CERE price. Don't forget that you can check the up-to-date Cere Network price above.
