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Ⅰ. Project Introduction
Cere Network is the first Decentralized Data Cloud (DDC) platform built on Substrate and Polygon. Cere is the first Web3 infrastructure project that facilitates trustless cloud data storage, integration and data collaboration across blockchain networks as well as Web3 NFT, metaverse and gaming content. Cere is backed by the world’s largest institutions and projects, such as Binance Labs, Republic Labs and Polygon.
Tags: Polkadot ecosystem, Polygon Ecosystem, Data storage
Ⅱ. Token Information
2.1 Token Basic Information
a) Token symbol: CERE
b) Total token amount: 10,000,000,000
c) Tokens circulating at Listing: 689,000,000 (November 8th, 2021)
d) Price of tokens for early investors: $0.02- $0.035
e) TGE date: November 8th, 2021
2.2 Token Distribution and Release Schedule
Category | Percentage | Tokens | Unlock schedule |
Foundation | 5.00% | 500,000,000 | Quarterly unlock over a period of 27 months |
Network Development | 8.30% | 830,000,000 | 18.75% quarterly |
Developer Outreach | 8.00% | 800,000,000 | 20.00% quarterly |
Grants | 4.90% | 490,000,000 | Quarterly unlock over a period of 27 months |
Enterprise Partners | 9.00% | 900,000,000 | 20% quarterly |
Marketing | 5.00% | 500,000,000 | Quarterly unlocks over a period of 27 months |
Advisors | 5.00% | 500,000,000 | 5.6% unlock Monthly after 9 months |
Private Sale | 20.80% | 2,080,000,000 | 25% unlock at Token Release Date, 25% unlock quarterly over 4 quarters |
Public Sale(18) | 2.00% | 200,000,000 | 18 Months. 7.2% Unlock at Token Release Date, 15.46% unlock each three following months |
Public Sale (12) | 7.00% | 700,000,000 | 12 Months. 7.7% Unlock at Token Release Date, 23.1% unlock each three following months |
Public Sale (0) | 2.00% | 200,000,000 | N/A |
ERC20 Staking Rewards | 5.00% | 500,000,000 | 18.75% quarterly unlock |
Team | 18.00% | 1,800,000,000 | 2.8% unlock monthly after 9 months |
Total | 100.00% | 10,000,000,000 | / |
Table 1: Token Distribution and Release Schedule Table
Ⅲ. Related Links
a) Official Website: www.cere.network
b) Whitepaper: https://docsend.com/view/ig44fd2pzh4etuu7
c) Blockchain Explorers: https://block-viewer.cere.network/?rpc=wss%3A%2F%2Frpc.testnet.cere.network%3A9945#/explorer
d) Communities: https://t.me/cerenetwork_official
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project introduction comes from the materials published or provided by the
official project team, which is for reference only and does not constitute
investment advice. Some of the content may be out of date, error, or omission.
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