Press Release Mumbai, India, September 9th, 2019
Cere Network, a Binance Labs incubated, blockchain-based customer relationship management (CRM) startup, has announced plans to conduct part of its private sale on Matic Network. The agreement will see Matic tokens accepted by Cere from private sale contributors.
Cere Network has already secured $3.5 million in seed funding, having attracted capital from major investors including Binance Labs and Fenbushi Capital. Other key industry players that have invested in the project include Neo Global Capital, Arrington XRP Capital, Kenetic Capital, Alphabit Fund, Block VC, Kosmos Capital, LD Capital, Monday Capital, Pre Angel Fund, and Republic Labs.
The private sale round will take place on Monday 9th September, 12 PM, PST and will offer $100,000 of Cere tokens to Matic token holders in what will be an industry first. 333,333,333 tokens will be made available in the round, priced at $0.003 each. The partnership benefits both parties, with Cere rewarding Matic holders with exclusive rights to participate in the private sale round.
Matic Network uses an adapted version of Plasma with PoS based side chains to bring vast improvements to the Ethereum network, most notably in speed, utility and scalability. Since launching this year, Matic has secured a string of partnerships and agreements with crypto projects that are building on its dApp-friendly protocol. These include Decentraland, Chainbreakers, and BetProtocol.
Cere Network, founded by luminaries from Amazon, Twitch, and Bebo, is set to penetrate the highly competitive CRM market, reported in 2018 to be worth $48 billion. Cere will integrate into Matic Network, whose fast sidechain solution for Ethereum will allow Cere to create the first highly scalable CRM built on blockchain technology.
Cere Network co-founder Fred Jin said: “By building a complete solution on the blockchain, we are solving for CRM/CDPs some of the biggest issues in customization, efficiency, and secure and privacy-preserving data sharing. Matic will help us as we strive to accomplish those goals.”
Sandeep Nailwal, COO and Co-Founder of Matic Network, said: “Cere is an exciting partnership for Matic, and another example of the projects choosing Matic to bring their vision to fruition while adding greater utility and demand for the Matic token. Cere Network’s vision of the role Web3 and crypto networks will play in shaping the future of online business is closely aligned with our own.”
About Cere Network
Cere Network is the first blockchain CRM ecosystem platform optimized for service data integration and collaboration. While most blockchains are simply distributed ledgers, the Cere Blockchain solutions captures the entire customer journey on the blockchain and stores key user data such as purchases, achievements, and usage in the user wallet.
Matic Network is a sidechain based scaling solution for public blockchains. It is based on an adapted implementation of Plasma framework. Matic provides scalability while ensuring a superior user experience in a secured and decentralized manner.
Contact for Matic