The CEO of CERE, a Silicon Valley star project, will have an in-depth exchange with you
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01. Co-Founder of Blockfree Fund: Hello, can Fred introduce the core team of cere?
Fred Jin | Cere Network CEO ：
Fred previously co-founded 50cubes, a Tencent-backed gaming platform company serving millions of concurrent users across first- to third-party games. He also led the media initiatives for Bebo, an early social network acquired by AOL. Previously, Fred also held important engineering and product positions in Silicon Valley start-up companies, involving enterprises, media, AI and other fields.
Other co-founders Kenzi previously served as vice president and general manager at Huobi Global, leading exchange operations, business development, marketing and customer service. He is also a partner of AU21 Capital, an American venture capital firm that focuses on investing in blockchain applications and DeFi companies.
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02. Co-Founder of Blockfree Fund: Please introduce our cere first, what products do we have, and what application prospects do we have?
Fred Jin | Cere Network CEO ：
Cere is a member of project alliances such as Polkadot and Cosmos, and is united by the vision of cross-chain interoperability between blockchain networks to achieve an inclusive, trustless, and infinitely scalable global decentralized ecosystem for enterprises.
Cere Network is the first decentralized data cloud platform for service data integration and data collaborative optimization. Most blockchains are simply distributed ledgers, while the Cere network's blockchain enables hyper-customization of enterprise data ecosystems.
Cere is the missing link that enterprises need to adopt blockchain. It provides a fully integrated solution that is packaged similar to the SaaS platform that enterprises are already using. After deployment, it can bring immediate efficiency improvements and cost savings to core business departments.
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03. Co-Founder of Blockfree Fund: What is the progress of our product development and what is the follow-up plan?
Fred Jin | Cere Network CEO ：
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Fred Jin | Cere Network CEO ：
Our main competitor is Snowflake, which recently had the largest tech IPO in history. Similar to Snowflake, we have tools to ingest and visualize this data with near real-time event sourcing (transformation and extraction) into custom datasets for machine learning, or analytics, or partner integration.
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05. Co-Founder of Blockfree Fund: Our team has been in Silicon Valley for many years and has founded many projects. So why do we take a fancy to the decentralized platform this time?
Fred Jin | Cere Network CEO ：
To usher in a new era of customer data interoperability and data agility, Cere DDC was built with customer data privacy and anonymization in mind from the ground up. DDC provides a secure foundation for next-generation customer cloud data solutions that cleanly extracts PII and fully encrypts personal data for privacy compliance and near real-time personalization.
walled garden"walled garden", but in working with Fortune 1000 pilot clients to build a viable decentralized alternative to Snowflake, the Cere team saw a bigger opportunity in the data cloud platform.
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06. Co-Founder of Blockfree Fund: cere already has many Fortune 500 users. As a start-up company, cere, what do you think attracts them?
Fred Jin | Cere Network CEO ：
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07. Co-Founder of Blockfree Fund: Why did you choose to develop on Polkadot’s substrate? We know that Polkadot and the Polkadot ecological project have been on fire recently. What do you think is the core advantage of cere compared to other Polkadot ecological projects?
Fred Jin | Cere Network CEO ：
Cere has built its own Layer-1 blockchain network through customized Substrate components, promoting it to become one of the basic first-level blockchain networks in the Polkadot ecosystem. This effectively allows Cere's solution to be natively scalable to all other W3F projects, and further to other decentralized networks in the future, and like the ethos behind Polkadot, Cere has long held the ideal that blockchain The future of chains is driven by interoperable networks. This is the same as"one chain to rule it all"secondary title
08. Co-Founder of Blockfree Fund: It is reported that Cere Network received investment from Binance, NGC, Arrington Capital and other institutions in 2019. How has Binance Labs supported Cere in the past two years?
Fred Jin | Cere Network CEO ：
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09. Co-Founder of Blockfree Fund: Talking about an issue that investors will be very concerned about. How is cere's token economic model designed? What is the role of tokens for token holders?
Fred Jin | Cere Network CEO ：
Most importantly, CERE is a utility token that powers the transformational SaaS DeFi framework, powering the Cere open data marketplace and SaaS-DeFi ecosystem. In addition to its utility role, CERE tokens are also used for proof-of-stake consensus and network governance.
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Here's the community Q&A session:
Community members:
Does Polkadot's web3 foundation invest in cere?
Fred Jin | Cere Network CEO ：
Yes, we have received a grant from the web3 foundation
Community members:
What do you expect from a cere?
Fred Jin | Cere Network CEO ：
We've been focused on innovation for a long time, we've also been very business driven, and we know that as real SaaS revenue and customer data continue to flow into the Cere network, Cere's network value will reach high levels (it already is).
The above is all ama content. Welcome everyone to learn and communicate, and share industry knowledge about the blockchain field with each other. Thank you very much for watching.
