Cere Network$CERE

What is Cere Network Crypto?

Cere Network, incubated by Binance Labs, focuses on building next-generation infrastructure for Web3 and data applications. It aims to provide faster, more efficient data storage and retrieval compared to platforms like IPFS, addressing scalability and accessibility challenges in decentralized solutions.

Key Innovation
Cere Network introduces data clusters, enabling projects to launch dedicated cloud infrastructure and supporting AI-powered consumer apps.

Key Highlights

• The first data cluster, Dragon 1, is live and operational
• AI and data automation tools are set for release in Q1
• Incubated by Binance Labs
• Over $40 million in funding

How can I mine Cere Network tokens?

Multiple options are available for earning tokens:

1. Run a validator node to secure the blockchain
2. Launch a dedicated cluster
3. Operate a storage node
4. Operate a CDN node

How can I use the Cere Network network?

Developers can access the first data cluster via the Developer Console.

For validators, it is recommended to use a cloud server running Linux (e.g., Ubuntu 22.04). Suggested hardware specifications:

• CPU: 4 physical cores @ 3.4GHz
• Memory: 32 GB DDR4 ECC
• Hard Drive: 1 TB NVMe SSD

1. Install & configure NTP Client (Ubuntu 18.04+ includes one by default).
2. Prepare Stash & Controller Accounts using the Cere Wallet or with Polkadot.js or Talisman.
3. Deploy a Validator Node using Docker via the provided installation script.

Additional guides on the Cluster Manager and launching storage/CDN nodes are expected in Q1 2025.

Cere Network Funding

• Initial $3.5 million seed round: Supported by Binance Labs, Neo Global Capital, Fenbushi Capital, Arrington XRP Capital, Kenetic Capital, Alphabit Fund, Block VC, Kosmos Capital, LD Capital, Monday Capital, Pre Angel Fund, Republic Labs, and other strategic funds
• Successful IDO on Republic (2021): Raised $26 million
• Total raised: Over $50 million