26.06.2025 08:02
Today marks a significant milestone for CESS Network, whose native token, CESS, will be listed on several prominent centralized exchanges. Binance Alpha, KuCoin, and Bitget will all begin trading CESS, with Binance Alpha leading the way later today. While the precise listing time remains unannounced, eligible Binance users can expect to acquire CESS through their Alpha Points via the Alpha Events page once trading commences. Further details on the airdrop and distribution will be provided concurrently with the start of trading.
Simultaneously at 10:00 UTC, Bitget, Gate.io, MEXC, and KuCoin will also open CESS trading. This listing is notable given that the CESS Network's mainnet is yet to launch. Consequently, the CESS token currently exists as a BEP-20 token on the BNB Smart Chain, in accordance with the latest tokenomics documentation. A future mainnet launch is anticipated in the months ahead, paving the way for a seamless 1:1 swap of BEP-20 CESS for native tokens using a cross-chain bridge or token migration method facilitated by the CESS team.
The CESS token's total supply will be capped at 10 billion tokens upon the completion of the token generation event, with 3.5 billion tokens initially in circulation. A substantial portion – 45% – is allocated to incentivize decentralized storage node operators over a 31-year period, subject to a halving mechanism every four years. Other key allocations include 15.5% for the project's treasury and foundation, 12.5% (with long-term vesting) for the core team and advisors, and 12% for ecosystem collaborations and community building. Finally, 10% is reserved for investors and 5% for marketing efforts.
CESS Network itself aims to revolutionize cloud infrastructure by providing a decentralized storage layer. [Further details about the CESS Network's functionality and goals would be included here if provided in the original text.] The exchange listings represent a major step forward for the network, boosting its visibility and accessibility within the wider cryptocurrency market. The upcoming mainnet launch promises further exciting developments for CESS and its community.
