What is Cere Network (CERE)

1. Project Introduction
Cere Network (CERE) is a decentralized data platform built on Polkadot's Substrate framework, specifically designed for enterprise users. Its main products include the Decentralized Data Cloud (DDC) platform and innovative SaaS-DeFi solutions. Cere’s DDC platform leverages blockchain-based identity and data encryption to provide secure first-party data management, enabling real-time data access and collaboration across business units and partners. The SaaS-DeFi solution integrates decentralized finance with enterprise operations via smart contracts, optimizing financial processes and liquidity management.
Summary: Cere Network is a decentralized data platform for enterprises, offering secure data management and innovative DeFi solutions to help businesses enhance financial operations and data collaboration.
2. Team & Investment Info
Cere’s core team has over 10 years of entrepreneurial experience in Silicon Valley, with deep expertise in the data industry and business. CEO Fred Jin is a serial entrepreneur who has founded several companies, including 50cubes, Bitlearn Network, and Funler. Prior to founding his companies, Fred was head of the media department at Bebo. CTO Ian Duggan, a graduate of MIT, worked at IBM and Oracle before joining Bebo in 2008. He has also founded two companies and served as the technical lead at TWITH for over six years.
Funding:
September 2021: Raised $3M from Polygon Network
2800M USD Token Sale conducted via Republic platform
March 2021: Announced $5M private round led by Republic Labs, with participation from OKEx, Kenetic Capital, NGC Ventures, Woodstock Fund, JRR Capital, Ledger Prime, and G1 Ventures. Previously, Cere raised $5M from Binance Labs and Arrington XRP Capital.
3. Social Media URLs
X: https://x.com/cereofficial
Telegram: https://t.me/thisiscere/
Discord: https://discord.com/invite/cYVKUYHWhp
Reddit: https://www.reddit.com/r/CereNetwork/
4. Token Info
Token Symbol: CERE
Total Supply: 10,000,000,000
Token Type: ERC-20
Issuance/Burn Mechanism: Fixed supply
Contract Address: 0x2da719db753dfa10a62e140f436e1d67f2ddb0d6
Token Distribution:
Foundation: 5%, quarterly unlock over 27 month
Network Development: 8.3%, quarterly unlock over 18.75%
Developer Outreach: 8%, quarterly unlock over 20%
Donations: 4.9%, quarterly unlock over 27 months
Enterprise Partners: 9%, quarterly unlock over 20%
Marketing: 5%, quarterly unlock over 27 months
Advisors: 5%, 9-month lock-up, then 5.6% monthly unlock
Private Sale: 20.86%
Public Sale A1: 2%, 1-year unlock
Public Sale A2: 7%, 1.5-year unlock
Public Sale B: 2%, no lock-up
ERC20 Staking Rewards: 5%
Team: 18%, 9-month lock-up, then 2% monthly unlock
5. Related Links
Official Website: https://www.cere.network/
GitHub: https://github.com/Cerebellum-Network
LinkedIn: https://www.linkedin.com/company/cere-network/
LitePaper: https://cdn.prod.website-files.com/65324127b919c1e8fc21a198/65aa4ea7a3b9b7df623dc2f8_Cere%20LitePaper%20V1.0.pdf