The CESS token, designed for the decentralized storage network CESS Network, will be launched on multiple major centralized exchanges.
Exchange Listings for CESS Token
The CESS token will be first launched on the Binance Alpha platform, as announced officially. Listings on other major exchanges, including KuCoin and Bitget, will also begin at 10:00 UTC today. Following the trading launch, Binance users will be able to redeem Alpha Points for CESS tokens via the Alpha Events page, though the exact allocation is undisclosed.
Tokenomics and Issuance
After the official token generation event, the total supply of CESS will be set at 10 billion tokens, with an initial circulating supply of 3.5 billion tokens. Approximately 45% of the total supply will be allocated for mining incentives to decentralized storage node operators over a 31-year period, following a halving model every four years. Other allocations include 15.5% for the project’s treasury, 12.5% for the core team and advisors, and 10% for investors.
About CESS Network
CESS Network is designed as a decentralized cloud infrastructure layer that enables real-time, privacy-preserving data storage and delivery. Built on Substrate, CESS is optimized for DePIN use cases, particularly across AI, Web3, and DeSci ecosystems. The CESS token acts 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.
The launch of the CESS token on major exchanges highlights the growing interest in decentralized data storage solutions and the expected growth of the project in this field.
