The surge of the AI revolution is leading to an overwhelming influx of data with global data production expected to grow annually. The introduction of Cere Network has streamlined services for data integration and collaboration, simplifying the process.
What is Cere Network (CERE)?
Fred Jin launched the platform in October 2020 with the goal of bringing innovation to the industry. The blockchain is committed to streamlining data integration and collaboration for various services.
Being part of the consortium of projects affiliated with Polkadot and Cosmos, Cere Network aligns with the broader objective of realizing cross-chain interoperability among different blockchain networks.
The platform is expected to incorporate additional features, allowing users to delve into content production, game development, and upcoming consumer brand offerings.
Cere clusters are intentionally designed to efficiently distribute data loads, enhance processing speeds, and reduce latency by operating close to the data source. The platform also automates data operations, incorporating smooth AI inference at the edge.
Cere Network Roadmap
The litepaper was launched in April 2020 and the vision paper of the blockchain platform was launched in October 2020. The roadmap of the network is shown below.
CerePlay, a decentralized and plug-and-play game SDK, was introduced by the platform in the third quarter of 2023. Cere DAO Launch is the dawn of community-driven governance introduced in the same quarter.
CereFans is another platform launched by the Cere Network in the fourth quarter of 2023 to empower creators with total content control, exclusive content channels, and full profit retention.
Additionally, Decentralized DDC Nodes, AI Prototype, and Enterprise Data Clusters are expected to launch soon.
Features of Cere Network and Use Cases
- Cere’s Decentralized Data Cloud (DDC) Platform serves as a cutting-edge alternative to Snowflake, prioritizing enhanced security for first-party data in the cloud. The platform efficiently onboards and segments individual consumer data, providing direct and near-real-time access to all business units, partners/vendors, and machine-learning processes.
- Innovating in the SaaS-DeFi space, Cere’s smart contracts seamlessly integrate fees, B2B2C contracts, and invoices from Cere marketplaces into the decentralized finance (DeFi) realm.
- Cere stands out as a Polkadot-inspired, next-generation distributed network featuring modular and interconnected layers. These include the Cere Layer-1 Core, the Cere Layer-2, and an ecosystem of distributed apps and open data marketplaces built atop the network.
CERE, the governance token of Care Network, is used for banking, retailing, traveling, voting, and platform improvisation.
How to Buy Cere Network Token?
- Sign up on the Exchange website or app and verify the identity to buy Cere Network (CERE). KuCoin, MEXC, Gate.io, HTX, Uniswap v2, CoinEx, etc. are good options to check.
- Choose payment method such as Credit/Debit Card, Bank Deposit, P2P Trading, or Third-Party Payment.
- Confirm order by funding the account; each exchange has different processes.
- Purchase Cere Network with a Market Order for instant transactions, Stop Order for price-specific trades, or Limit Order for specified prices.
- Store the CERE in the Exchange wallet or transfer it to a personal cryptocurrency wallet. Explore options like Metamask for decentralized exchanges.
Price History and Token Distribution
According to CoinMarketCap data, the CERE token holds an unpredictable price history in the past 1 year.
From 19 December 2022, the token shows upside growth with a token price of $0.005187. However, CERE gained a price decline on 30 April 2023, holding a price of $0.004946, showcasing the highs and lows of CERE tokens.
The highest price paid for the CERE token is $0.471260, recorded on November 08, 2021, and the lowest price paid for the token is $0.00296106, recorded on September 13, 2023.
Addressing the token distribution system, 6% is allotted to advisory, 14% is allotted to foundation, 16% is for private sale, and 11% for public sale.
The remaining 18% and 5% are allocated for the development team and seed sale.
Conclusion
Cere Network is a decentralized blockchain platform focusing on data integration and collaboration. It introduces features like CerePlay game SDK, Cere DAO Launch, and CereFans for community-driven governance and content control. The platform uses CERE tokens for various purposes, and its decentralized data cloud platform offers enhanced security for first-party data.
FAQs
How to buy Cere Network using PayPal?
As of now, only customers in the United States can purchase Cere Network or add US dollars using PayPal. For customers outside the US, PayPal is only available for cashing out or selling, and transaction availability varies by region.
How to buy Cere Network (CERE) using a credit card?
To buy Cere Network with a credit card, visit the exchange’s Fast Trade page, choose Cere Network (CERE), and use a credit or debit card for payment.
Where to buy CERE tokens?
Multiple exchanges, like KuCoin and Uniswap v2, allow users to buy and store CERE tokens.
Which technology makes Cere Network unique?
Cere’s smart contracts integrate into the DeFi space, and its modular, interconnected layers include Cere Layer-1 Core and Layer-2 make it a standout performer.
What is the token distribution system of Cere Network?
Token distribution includes allocations for advisory, foundation, private sale, public sale, development team, and seed sale.
Amanda Shinoy is one of the few women in the space invested knee-deep in crypto. An advocate for increasing the presence of women in crypto, she is known for her accurate technical analysis and price prediction of cryptocurrencies. Readers are often waiting for her opinion about the next rally. She is a finance expert with an MBA in finance. Quitting a corporate job at a leading financial institution, she now engages herself full-time into financial education for the general public.
Source: https://www.thecoinrepublic.com/2023/12/10/all-about-cere-network-decentralized-data-clusters-for-ai-era/