š DWF LabsāBacked CESS Hits Big: Listings on Binance Alpha, KuCoin & Bitget Go Live Today
CESSāthe decentralized storage project backed by crypto heavyweight DWF Labsājust scored a triple-exchange listing. Binance Alpha, KuCoin, and Bitget flipped the switch today, giving traders fresh exposure to the token.
Why it matters: Another day, another altcoin rollout. But with DWFās track record of pumpingāthen dumpingāprojects, maybe grab some popcorn before FOMO-ing in.
The mechanics: Zero technical details, maximum hype. Classic crypto.
Bottom line: If youāre not early, youāre late. Or just another bagholder waiting for the next bull run.
What is CESS Network?
CESS Network is designed as a decentralized cloud infrastructure LAYER that facilitates real-time, privacy-preserving data storage and delivery.Ā
Built on Substrate, CESS provides a high-performance Layer-1 blockchain optimized for data availability and DePIN use cases, particularly across AI, Web3, and DeSci ecosystems.
CESS serves as the native utility token within the CESS ecosystem, used for paying storage fees, staking by node operators, rewarding verifiers, and participating in decentralized governance.
In December 2023, CESS raised $8 million in a Series A funding round led by DWF Labs, HTX Ventures, Web3 Foundation, and Infinity Ventures Crypto, with participation from other strategic backers.
The capital was reportedly used to expand CORE infrastructure, support mainnet readiness, and scale adoption among AI and decentralized data platforms.
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.