Cere Network
CERE
Evaluation Score
Overall rating on a scale of 0-10
Dimension Breakdown
AI Analysis
Comprehensive evaluation of the token
Cere Network (CERE) presents a mixed profile marked by functional technical governance but severely degraded market presence and community engagement. The project maintains an active maintenance cadence on Substrate runtimes with an OpenGov model, a fully doxxed leadership team (Fred Jin, Ian Duggan, Martijn Broersma), and zero reported security exploits or regulatory enforcement actions. Additionally, token inflation was disabled in April 2025. However, CERE suffers from major adoption and market challenges: daily trading volume is negligible ($300 to $3,000), market capitalization is severely depressed ($1.3M to $1.9M), token distribution is heavily insider-weighted, and grassroots community activity has been essentially dormant since late 2023. With no qualifying red-flag events requiring an artificial cap, the overall score mathematically reflects the weighted average across sections.
Development Activity
Code updates and developer engagement
Community Support
Social media presence and community engagement
Tokenomics
Supply, distribution, and utility
Market & Use Case
Value proposition and competitive landscape
Team & Governance
Team background and project governance
Security & Audits
Security history and audit status
About Cere Network (CERE)
Cere Network (CERE) is a decentralized data cloud and Web3 infrastructure project designed to support enterprise, gaming, media, and artificial intelligence tooling. Operating on Substrate and aligned with the Polkadot ecosystem, alongside an ERC-20 token representation on Ethereum, the platform provides data cloud and edge-compute services. The project is managed by a named leadership team that includes founder Fred Jin, founding CTO Ian Duggan, and CMO Martijn Broersma, with decentralized governance facilitated through a Cere DAO and an OpenGov framework.
The CERE token governs the protocol and has a fixed genesis supply of 10 billion tokens, with inflation officially disabled in April 2025. Network maintenance is conducted via runtime upgrades and on-chain referenda. During an earlier operational event, the network experienced a mainnet halt due to a missed migration, which was resolved transparently by leadership through compensating stakers with elevated APR for a 20-day period. No security exploits, smart contract hacks, or regulatory actions have been reported against the protocol.
Despite ongoing technical maintenance, Cere Network exhibits significant adoption and liquidity risks. The token trades near its all-time low following a severe drawdown of over 90% from its 2021 peak, accompanied by a depressed market capitalization between $1.3 million and $1.9 million and minimal daily trading volumes between $300 and $3,000. Furthermore, public community updates and grassroots engagement have been largely dormant since late 2023, token distribution remains heavily insider-weighted, and independent third-party audit reports remain unverified beyond baseline security badges.