Binance Labs Backed Project Cere to Launch Token Pre-Sale on Matic Network

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Press Launch Mumbai, India, September ninth, 2019

Cere Network, a Binance Labs incubated, blockchain-based buyer relationship administration (CRM) startup, has introduced plans to conduct a part of its non-public sale on Matic Network. The settlement will see Matic tokens accepted by Cere from non-public sale contributors.

Cere Network has already secured $three.5 million in seed funding, having attracted capital from main traders together with Binance Labs and Fenbushi Capital. Different key business gamers which have invested within the undertaking embody Neo World Capital, Arrington XRP Capital, Kenetic Capital, Alphabit Fund, Block VC, Kosmos Capital, LD Capital, Monday Capital, Pre Angel Fund, and Republic Labs.

The non-public sale spherical will happen on Monday ninth September, 12 PM, PST and can provide $100,000 of Cere tokens to Matic token holders in what shall be an business first. 333,333,333 tokens shall be made obtainable within the spherical, priced at $zero.003 every. The partnership advantages each events, with Cere rewarding Matic holders with unique rights to take part within the non-public sale spherical.

Matic Network makes use of an tailored model of Plasma with PoS based mostly aspect chains to carry huge enhancements to the Ethereum community, most notably in velocity, utility and scalability. Since launching this yr, Matic has secured a string of partnerships and agreements with crypto initiatives which are constructing on its dApp-friendly protocol. These embody Decentraland, Chainbreakers, and BetProtocol.

Cere Network, based by luminaries from Amazon, Twitch, and Bebo, is about to penetrate the extremely aggressive CRM market, reported in 2018 to be price $48 billion. Cere will combine into Matic Network, whose quick sidechain resolution for Ethereum will permit Cere to create the primary extremely scalable CRM constructed on blockchain expertise.

Cere Network co-founder Fred Jin stated: “By constructing an entire resolution on the blockchain, we’re fixing for CRM/CDPs a number of the greatest points in customization, effectivity, and safe and privacy-preserving information sharing. Matic will assist us as we try to accomplish these targets.”

Sandeep Nailwal, COO and Co-Founding father of Matic Network, stated: “Cere is an thrilling partnership for Matic, and one other instance of the initiatives selecting Matic to carry their imaginative and prescient to fruition whereas including larger utility and demand for the Matic token. Cere Network’s imaginative and prescient of the position Web3 and crypto networks will play in shaping the way forward for on-line enterprise is intently aligned with our personal.”

About Cere Network

Cere Network is the primary blockchain CRM ecosystem platform optimized for service information integration and collaboration. Whereas most blockchains are merely distributed ledgers, the Cere Blockchain options captures the whole buyer journey on the blockchain and shops key consumer information equivalent to purchases, achievements, and utilization within the consumer pockets.

About Matic

Matic Network is a sidechain based mostly scaling resolution for public blockchains. It’s based mostly on an tailored implementation of Plasma framework. Matic offers scalability whereas making certain a superior consumer expertise in a secured and decentralized method.

Contact for Matic

Dan Edelstein

MarketAcross PR

972-545-464-238

pr@marketacross.com

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