Cere Network, the first Decentralized Data Cloud (DDC) platform, today announced its public offering on Republic (April 8), DAO Maker (April 15) and Polkastarter (April 19). This multi-platform approach is a first-of-its-kind in order to satisfy the demand for the CERE token.
Cere has raised $10 million from a collection of high-profile VCs, including Binance Labs, OKEx, Republic Labs, Arrington XRP Capital, Kenetic Capital, Fenbushi Capital and AU21 Capital, among others. The most recent $5-million raise was 80x oversubscribed and closed ahead of its public launch on Republic. Launched in 2019, Cere is one of the few blockchain companies to count a number of Fortune 1000 companies as clients of its industry-leading decentralized CRM (Customer Relationship Management) tools and Decentralized Data Cloud platform. Cere Network is also supported by a consortium of venture capitalists and ecosystem partners including Gate.io, ZB exchange, Ankr, Ledger Prime, Woodstock Fund, JRR Capital, Spark Capital, LD Capital, NGC Capital, QCP Capital, Monday Capital, G1 Ventures and others.
“We’re very excited to be able to offer the CERE token to a wide audience who can all participate in this coordinated offering and join us in our mission to unlock the power and innovation of the Cere Decentralized Data Cloud,” said Fred Jin, CEO of Cere Network.
The company was founded by former executives from Amazon, Twitch, D-Link and Bebo, as well as the former Chief Operating Officer of Salesforce, Rajani Ramanathan, as a member of its advisory board. Cere’s utility token is powering a transformative SaaS DeFi framework, fueling its Decentralized Data Cloud platform, Cere Marketplaces and SaaS-DeFi ecosystem, as well as being used for staking and governance.
The three platforms where the CERE token is available are all unique in their own ways:
Republic: Republic is an investment platform that allows anyone to invest in private deals across startups, real estate, gaming and crypto. Republic has facilitated over $300 million in investments through its global community of over 1 million members. Republic offers digital asset and token sale advisory through its Republic Advisory Services.
DAO Maker: DAO Maker’s DAO Pad is a highly anticipated multi-investment platform that allows DAO Maker’s most loyal and diligent community members who stake DAO tokens to participate in a variety of public, private and even seed rounds for funding projects. Cere will be the first-ever project on DAO Pad.
Polkastarter: With Polkastarter, projects like Cere can raise capital from community-driven investors on a decentralized, permissionless and interoperable platform. Polkastarter hosts initial DEX offerings for projects built within the Polkadot ecosystem. Starting April 19, participants interested in supporting Cere can access the CERE token in a secure and compliant environment that unlocks functionality way beyond the current ERC-20 standard.
Over the last few weeks, the Cere team has been rewarding early supporters for their patience by introducing a series of unique access points to participants who have been whitelisted. These events have been in collaboration with renowned blockchain projects, including Polygon, Marlin, Ankr, Darwinia, Crust and more.
ABOUT Cere Network
Cere Network is the first Decentralized Data Cloud (DDC) platform in alignment with Polkadot, optimized for service data integration and data collaboration. While most enterprise blockchains are simply distributed ledgers, the Cere DDC platform is built from the ground up to power the new generation of first-party customer data ecosystems. Harnessing similar goals to cloud platforms like Snowflake, Cere’s DDC platform delivers on a new decentralized level of data privacy, agility and interoperability.