Why will we buy cPen tokens?
We previously announced that we would regularly purchase cPen tokens. Based on community feedback, we’d like to clarify/correct our strategy:
Liquidity Pools
Purchasing cPen tokens is not intended to boost liquidity pools. As detailed in our Coin Economics, the Treasury pool already holds reserved liquidity tokens, so there’s no need to buy additional cPen tokens from the market for this purpose.
cPen App Project Development
We will acquire cPen tokens to support the development of the cPen app. Although our Coin Economics includes an Ecosystem Pool, its reserves are allocated for the cPen blockchain ecosystem. As mentioned earlier, the cPen blockchain and cPen app will eventually separate, with a dedicated cPen Foundation overseeing the blockchain ecosystem. Therefore, we’ve decided to regularly buy cPen tokens from the market to strengthen the cPen app ecosystem and drive its development.
Important Note
Our decision to buy cPen tokens is solely based on our commitment to advancing the cPen app project. This announcement is intended to provide transparency about our plans and should not be interpreted as advice regarding cPen tokens or any other cryptocurrency. Trading crypto involves risk, and you may lose your entire investment. Always conduct your own research before making any decisions.
We're thrilled that the #cPenNetwork app is ranked among the top free social apps on the Apple App Store in the United States! This achievement wouldn’t be possible without the incredible support of our community. Thank you!
Previously, we announced that token mining will soon switch from $PEN to $INK (please update your app to the latest version if you haven’t already). Today, we want to clarify the differences between these two tokens and why both are essential to our ecosystem.
$PEN will be used as the gas fee token on the cPen blockchain when we have the open network, ensuring smooth, secure on-chain transactions. Looking ahead, $PEN will play a key role in the future development and governance of the cPen blockchain.
In contrast, $INK is designed for in-app purchases within the cPen App. Similar in spirit to Telegram’s Star—but with a major upgrade—$INK will be fully on-chain and transferable, giving you enhanced control and flexibility in your app interactions.
Eventually, we plan to separate the cPen blockchain from the cPen app to form the cPen Foundation. Separating functionalities lets us optimize both our blockchain and app experiences:
• $PEN powers blockchain transactions and future governance.
• $INK fuels app-specific features and in-app economies.
This dual-token approach not only streamlines operations but also lays the foundation for a scalable, robust ecosystem. Thanks for being a vital part of our journey as we continue to innovate and grow!
#cPenNetwork #CPEN #INK #Blockchain #Crypto
FINAL CLARIFICATION:
1.Any Christian who is not productive is not living by the word of God. A man who does not work should not eat (2 Thess 3:10 ) . But to insinuate that people who have regular vigils are not productive is terrible generalization.
2.Therefore, any Church that makes people pray all week long for financial blessing as opposed to encouraging them to work diligently with their hands is wrong. There are many Churches like this admittedly.
LET’S HOWEVER BE CAREFUL WITH THE JUXTAPOSITION AND ADMIT THAT:
1.If Churches stopped doing vigils, there won’t suddenly be more jobs. Vigils are not the immediate problem of the Nation.
2.If there were multiple night shift options that Christians abandoned for “daily vigils” then maybe you have a point. But that’s not the case. Having an issue with frequent vigils is blaming the Church for the governments work. This is what we often do these days and that’s what I stand against.
3.People actually must not have to work night shifts to be productive. They should if they have to and if there are opportunities to.
But beyond Church, there are several other things people can do with their night. Like spend time with family, socialize and sleep.
People who don’t work at night shouldn’t be seen as unproductive. Again, even in more developed Countries, not everyone has to work night shifts. And if Nigeria should have more options to work at night, that’s more on the government.
https://t.co/DC34RX3Wvs’s a little insensitive to ask people to work even more in a nation like Nigeria. How much is minimum wage?
5.Churches that have programs every day are not the majority.
⁃Most Churches have vigils not more than once a month.
⁃Most vigils are into the weekend.
6.Some of you don’t see the point of praying long and regularly for any reason. That’s okay. But people should reserve the right to use their free time as they choose. Night time is not ‘economic hours’. If it is not hindering the nation, it is none of your business
7.Saying “Where has prayer taken this Country” means you know little about prayer. Prayer is primarily about intimacy and communion. There is very little correlation to nation building even in the Bible.
8.I’ve seen a few tags about another Pastor who says “Dangote sells salt…don’t sleep in Church and ask God to bless you”. I absolutely agree!
⁃Context was that God won’t bless you if there is no product to bless. Don’t just pray all day and not work.
⁃A government official blaming the productivity of the nation on the Church ticked me off more, because he (and is colleagues) are to be held to account more than the Church.
https://t.co/UkuTt2e2Id’s okay if you still don’t agree. Disagreeing doesn’t make us enemies. It doesn’t mean I may not support Mr PO if he chooses to run again. It doesn’t mean much of what he said was false. I had an issue with the juxtaposition, and I absolutely have the right to.
10.Apart from Watchnight service, our church has not had any global vigil this year. I’m not trying to protect anything. I’m just against correcting one extreme with another.
Love and grace
This Wednesday, everywhere you go, men and women will compete to favour and bless you by the power of the Most High God, goodness and mercy shall follow you all the days of your life in Jesus name, Amen.