Cere Network
Crypto Overview
Project Overview
Cere Network is a Decentralized Data Cloud (DDC) platform built on Polkadot that aims to facilitate secure data storage, sharing, and collaboration between businesses and their customers. The platform utilizes blockchain technology to provide decentralized customer relationship management (CRM) solutions.
Intended Utility
The CERE token serves multiple purposes within the ecosystem: it's used for governance, staking to secure the network, and as a means of payment for data storage and retrieval services. The token is integral to the platform's operation, allowing users to pay for services and participate in network security.
Actual Implementation and Usage
The project has demonstrated real development activity with regular GitHub updates and has established partnerships with notable blockchain companies. The Cere Network mainnet is operational, and the platform is actively being used for its intended purposes of data management and storage.
Token Distribution and Governance
The token distribution shows a structured allocation with vesting periods for team members and early investors. About 25% of tokens were allocated to the team and advisors with a 2-year vesting period, indicating a long-term commitment to the project. The remaining tokens are distributed among public sale participants, ecosystem development, and network operations.
Development vs Marketing
The project demonstrates a balanced approach between development and marketing efforts. There is substantial technical development visible through their GitHub repository, with regular updates and improvements to the platform's infrastructure. Marketing efforts appear focused on building awareness within the enterprise sector rather than retail token promotion.
Crypto Impact
To assign a comfort level investing in Cere Network from a halal perspective we need to determine whether it has a net positive or negative impact.
Towards this end, the table below is used to tally all the positive and negative considerations our members can think of related to Cere Network.
If you don’t see something that should be listed, positive or negative, feel free to submit your own contribution using the button “Contribute”.
We will review your contribution for accuracy before publication.
Importantly, you can review listed contributions and vote on which one you think has the greatest impact, positive or negative.
You only have one vote per asset so use it wisely.
You can change your vote if you change your mind.