- CESS token launches on Binance Alpha, KuCoin, and Bitget today.
- DWF Labs backed CESS with $8M for decentralized storage.
- Listings boost liquidity for AI, Web3 data infrastructure.
Today’s debut of the CESS token, the native of the CESS Network, on Bitget, KuCoin, and Binance Alpha significantly strengthens the decentralized storage blockchain. With the help of DWF Labs, the project will reinvent the approach to data infrastructure of AI and Web3 APIs using secure and scalable solutions.
CESS Token Debuts on Top Exchanges
The CESS token trading will start at 10:00 UTC on a variety of centralized exchanges, such as Binance Alpha, Kucoin, Bitget, Gate.io, MEXC, BingX, WEEX, and Toobit. The users of Binance Alpha will have a chance to get their share of CESS tokens by exchanging Alpha Points on the Alpha Events page on the platform. The team will share information about the airdrop mechanism and distribution when trading begins.
The listings will increase the supply of the CESS token, thus encouraging its wider adoption on the blockchain focused on data sovereignty and privacy. CES Network takes advantage of a Layer-1 decentralized application called AI-driven apps and Web3 ecosystems.
DWF Labs Fuels CESS Network’s Growth
In December 2023, DWF Labs, HTX Ventures, Web3 Foundation, and Infinity Ventures Crypto led the transaction for CESS Network, which secured an 8M Series A investment. The investment boosted the work of the project in regard to decentralized storage solutions, making it one of the major players in the DePIN (Decentralized Physical Infrastructure Networks) sphere.
According to one of the project representatives, CESSE enables privacy-preserving and explorable data-centric implementations of AI and Web3, which would be secure and scalable.
The technology of the platform supports efficient management of data, providing a concrete replacement for the conventional centralized storage systems. The fact that it has been incorporated with key exchanges indeed indicates an increasing appetite in the market for such decentralized data solutions.
Strategic Importance of Exchange Listings
The simultaneous launches at Bitget, KuCoin, and Binance Alpha boost the CESS token’s visibility and liquidity. Binance Alpha, which features promising projects in Web3, is a launchpad for early-stage tokens. Another route to appearance in the main spot trading platform of Binance is favorable performance on Alpha, often due to the involvement and trading volume of the users.
KuCoin and Bitget, which are known to have high liquidity of altcoins, extend the reach of CESS Network. In particular, according to CoinGecko’s June 25 research, Bitget leads the mid-range altcoin trading market. Such listings place the CESS token into an opportunity to gain more exposure in the market.
According to a project representative, CESS will transform the conventional decentralized data infrastructure and will promote the development of AI and Web3. The presence of the token on various platforms will promote its access by retail and institutional investors.
