DAOrayaki Research |Cere Network： Decentralized Data Cloud Platform

DAOrayaki

5 min readJun 15, 2021

DAOrayaki DAO Research Grant：

Fund Address: 0xCd7da526f5C943126fa9E6f63b7774fA89E88d71

Voting Result：DAO Committee Yes

Grant Amount：170 USDC

Category: Decentralized Data Cloud (DDC), interoperability, SaaS-DeFi, entrepreneurship

Contributor：Jones, 黑白QB@Daorayaki

Chinese Version:https://daorayaki.org/daorayaki-research-boson-protocol-eng-chn-daorayaki-2/

Financing:

Fundraising amount: Ongoing.

Fundraising Goal: $27,800,000USD

Cere Network ICO price: $0.035USD

Cere Network volume: As the project is relatively new, Cere Network volume still not issued yet.

Founded: 2019.

First announcement: October 26, 2020.

Token name: CERE stands for CERE Network.

Token type: CERE is issued under the standard protocol ERC20.

Introduction:

Cere Network is part of projects association such as Polkadot and Cosmos, united by the vision of cross-chain interoperability between blockchain network, to achieve an inclusive, trusty, and infinitely scalable global decentralized ecosystem for enterprises. Unlike, most blockchains distributed ledgers, the Cere DDC is built from the ground up to elevate the new generation of first-party customer data ecosystems, and that is supplied with a new level of data privacy, data agility, and data interoperability.

Team members:

Cere Network project was founded by Silicon Valley veterans with 20 years of experience from Amazon, Twitch, D-Link and Bebo. Moreover, Cere Network team includes many top experienced managers, technicians, developers, and even advisors, we cite the majority of them below:

Management side:

Fred: Co-Founder (CEO).

Silicon Valley since 1993, co-founded 50cubes, a Tencent backed gaming company. Early at bebo leading to $850m acquisition by AOL.

Kenzi: Co-Founder.

Ex Vice-President, General Manager of Huobi, Partner at AU21 capital, a US VC investment firm.

Ian: Co-Founder (CTO).

Tech Lead at Twitch & Amazon, managed search and microservices. Early at Bebo. Studied Cs, AI at MIT.

Martjin: Head of Marketing.

Ex COO at LTO Network for nearly 3 years. Former Legal & Operations Manager at LegalThings and Firm24.

Persanna: Head of Engineering.

Co-founded Sequoia backed Nightfire. Head of Software of Global and Operations Teams at TeamF1, Inc., acquired by D-Link.

Evgeny: Lead Engineer.

A highly resourceful, innovative, and competent software developer in NodeJS, ReactJS, React native, PHP, Ruby on Rails, Ext JS, AngularJS.

Kevin: Head of PR.

Previously Head of Marketing at Huobi US and Head of PR at multiple Binance backed blockchain projects and Bay Area tech companies. Experienced news reporter.

Nachi: Lead Architect.

Bay Area based software developer with over 10 years of experience. Founder at Cavita and ex CEO of Altereal.

Advisors side:

Brad Bao: Chairman Lime.

Brad Bao launched Lime into one of the fastest-growing startups and served as its Chairman and CEO. He’s also served as the Managing Director of Kinzon Capital.

Rajani Ramanathan: Ex Salesforce COO.

Rajani served as Salesforce COO for over a decade, started back in 2000, and helped scale the multi-billion company from a start-up to a fully operational business.

Jochum Haakma: Chairman EU-China Business Association.

Jochum Haakma has worked as a diplomat for the Dutch government for many years. He is currently the Global Executive Director of business development for the TMF-Group.

Additionally, Cere Network achieved various partnership with highly known projects in the field such as: BINANCE LABS, Chainlink, Elrond, Ankr, etc.

Cere Network governance and incentive

mechanisms:

Cere prioritizes the architectural design and features to support a wide range of governance models to satisfy enterprise needs, from fully permissioned, to hybrid, to fully public. Moreover, Cere Core Blockchain is governed through a DAO, for transparent and fair voting and proposal system, via the Cere token as a governance token. Additionally, Stakers of Cere tokens will be able to participate in chain consensus and help secure the network. While, Network validators will receive incentives through block rewards.

Enterprise side chains on Cere can define their governance models by declaring and designing a custom DAO through the initial deployment of the side chain smart contract. On the other hand, Cere foundation serves as the arbitration party between enterprise interests and Cere core interests and ensures that potential conflicts and competing interests are resolved in a balanced and sustainable fashion.

Cere Network Token:

The CERE token primarily serves three purposes on the network: SaaS-DeFi utility, Proof-of-Stake consensus, and network governance. But, first and foremost, it’s a token that will facilitate real-world enterprise demand by mapping tokenization and ease of exchange of SaaS utility and fees (B2B), as well as business-to-consumer payments and value transfers (B2C).

Token Distribution:

Cere Network distribution includes major parts such as: Partners, Advisors, and Team, below we list the distribution variation for the different parts:

Enterprise Partners: 20% quarterly unlock.

Given Cere’s enterprise adoption focus, the Cere team is working closely with industry thought-leaders/influencers to evangelize the Cere solution to targeted enterprises in Cere’s focus verticals.

Developer Outreach: 20% quarterly unlock.

To drive adoption of the Cere Network and its open data marketplaces, the developer outreach allocation will be used for recruiting reputable network evangelists.

Network development: 18.75% quarterly unlock.