CESS Token Launches on Major Exchanges
CESS Token Debuts on Major Exchanges
The CESS token, native to the CESS Network, has launched on several prominent centralized exchanges, including Binance Alpha, KuCoin, and Bitget. This significant development strengthens the decentralized storage blockchain and expands access to its innovative solutions.
- Trading begins at 10:00 UTC.
- Binance Alpha users can acquire CESS tokens using Alpha Points. Details on airdrop mechanisms will be shared upon trading commencement.
- Listings on additional exchanges: Gate.io, MEXC, BingX, WEEX, and Toobit.
Increased token supply resulting from these listings will promote wider adoption within the blockchain community. The CESS Network leverages a Layer-1 decentralized application to serve AI-driven apps and Web3 ecosystems, prioritizing data sovereignty and privacy.
DWF Labs Invests in CESS Network Growth
In December 2023, DWF Labs, alongside HTX Ventures, Web3 Foundation, and Infinity Ventures Crypto, led an $8 million Series A investment in the CESS Network. This funding significantly bolstered the project's development of decentralized storage solutions, establishing it as a key player in the DePIN (Decentralized Physical Infrastructure Networks) sector.
According to a project representative, CESS facilitates secure and scalable, privacy-preserving data implementations for AI and Web3. Its technology offers a robust alternative to traditional centralized storage systems.
Strategic Importance of Exchange Listings
The simultaneous listing on Bitget, KuCoin, and Binance Alpha dramatically enhances CESS token visibility and liquidity. Binance Alpha, a launchpad for promising Web3 projects, offers early-stage tokens exposure. Strong performance on Alpha, driven by user involvement and trading volume, can lead to listing on Binance's main spot trading platform.
KuCoin and Bitget, known for high altcoin liquidity (Bitget leading the mid-range altcoin market as of June 25th, according to CoinGecko), further expand the CESS Network's reach. This positions the CESS token for greater market exposure and accessibility to both retail and institutional investors.
CESS aims to revolutionize decentralized data infrastructure, fostering the growth of AI and Web3. Its presence on multiple exchanges significantly improves accessibility for a broader audience.
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