Cere Network lowers the maximum contribution for the Token Offering on Republic

Cere Network
1 min readApr 12, 2021

Dear community,

In the last couple of days, we have received multiple requests from our community members to lower the maximum contribution for our token offering on Republic.

Due to an immense amount of interest, we decided to stimulate the decentralization of the network by lowering the maximum cap per token purchaser to $25,000 for the first 3 hours of the token offering.

The maximum token purchase amount for any purchaser is $25,000. After the first three hours, the maximum cap will increase to $250,000. (Please note that the max amount for option B is still $10,000)

Token purchases cannot be increased, so if you plan on purchasing more than $25,000 you will have to take the chances of waiting for the limit increase.

By making this decision, we had to update our tokenomics to display all the changes, have a look here: http://bit.ly/Cere-Network-Tokenomics

We hope everyone is ready for tomorrow and we hope to see you on the Republic website!

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Cere Network

Decentralized Data Clusters for the AI era, secured by the Cere Blockchain Protocol