Important announcement for the #cPenNetwork community:
$PEN mining will conclude in late February 2025, with token distribution following in March (exact date TBA soon)
To be eligible for distribution, you MUST:
โ Complete KYC verification
โ Register your BSC wallet address (don't put your CEX address)
Note: Failure to complete these steps will result in forfeiture of your $PEN tokens
When $PEN mining ends, you'll automatically transition to mining $INK through your cPen mobile app. $INK will be an integral part of the cPen ecosystem
Post-$PEN distribution, we're excited to begin the development of https://t.co/8JddKzjq4K - a project that will introduce innovative features - we hope it will bring cPen network to a new level.
Thank you for your continued support and trust in the cPen Network. Follow us and set notifications on to stay informed about distribution dates and important updates! ๐
Hey #cPenNetwork community! Thanks to over a year of contributions from every member, our community is growing steadily and rapidly. This progress makes us even more confident in our project's success. Now, we're thrilled to announce the upcoming $PEN token distribution. Here are the key dates:
โข Feb 28, 2025, 23:59:59 UTC:
$PEN mining ends. When you click the Start button, it automatically switches to $INK mining.
Action: Update your app to v1.2.20 (available on the Apple App Store & Google Play Store) for a seamless transition.
โข Mar 11, 2025:
KYC & BSC Wallet Address entries will be paused for balance verification and token distribution.
Action: Please complete your KYC & BSC Wallet Address entries before this date to qualify for the $PEN token distribution.
(Note: The entries will be re-opened at a later date.)
โข Mar 24, 2025:
$PEN token distribution begins.
The $PEN token distribution marks a significant milestone in our projectโand it's only the beginning. Stay tuned for more exciting updates!
Thank you for your continued support!
Previously, we announced that token mining will soon switch from $PEN to $INK (please update your app to the latest version if you havenโt 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, $INK is designed for in-app purchases within the cPen App. Similar in spirit to Telegramโs Starโbut with a major upgradeโ$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:
โข $PEN powers blockchain transactions and future governance.
โข $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
๐ Important Announcement: $PEN Token Lock Strategy Update! ๐
To ensure long-term growth and community trust, weโre locking 30% of $PENโs total supply for 5 years:
โ 12% โ Mainnet Rewards
โ 10% โ Team Allocation
โ 8% โ Ecosystem Fund
Lock Details:
โณ 12-Month Cliff: No unlocks in Year 1.
๐ 48-Month Linear Vesting: Gradual release from Month 13โ60.
๐จ Important Note: Community-mined rewards (earned through participation) are NOT lockedโonly the 30% above are subject to the lock.
To our incredible community: Thank you for believing in #cPenNetworkโs vision! ๐
#Blockchain #Crypto #Tokenomics
Previously, we announced that token mining will soon switch from $PEN to $INK (please update your app to the latest version if you havenโt 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, $INK is designed for in-app purchases within the cPen App. Similar in spirit to Telegramโs Starโbut with a major upgradeโ$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:
โข $PEN powers blockchain transactions and future governance.
โข $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
๐ Exciting Update for the #cPenNetwork Community! ๐
Weโre thrilled to share the finalized cPen Network Coin Economics:
๐น 72% Community
- 60%: Pre-mainnet mining (rewards, airdrops, etc.)
- 12%: Mainnet rewards (nodes, creators, validators, etc.)
๐น 10% Team
๐น 10% Treasury (liquidity, listings, market-making, etc.)
๐น 8% Ecosystem
๐ก No presales. No investors.
This ensures the majority of coins go to the community.
๐ Total Supply:
Will be determined by factors like total mining users, rates, rewards, bonuses, etc. Finalized before token distribution.
๐ Thank you for your unwavering support. Together, weโre building a solid foundation for a bright future.
๐ Stay tuned for more updates!
#Blockchain #CryptoEconomics #CommunityFirst
๐ Moonlit Christmas Kick-off ๐
The holiday fun has already started, and a special gift awaits you!
Star Store closes, and Multiply Boost is unlocked:
โก๏ธ ๐ ๐ฎ ๐ ๐ถ๐ป๐ถ๐ป๐ด ๐ฆ๐ฝ๐ฒ๐ฒ๐ฑ (๐บ๐๐น๐๐ถ๐ฝ๐น๐ถ๐ฒ๐ ๐๐ผ๐๐ฟ ๐ฐ๐๐ฟ๐ฟ๐ฒ๐ป๐ ๐๐ฝ๐ฒ๐ฒ๐ฑ)
๐ฆ ๐ ๐ฎ ๐๐๐ป๐๐ถ๐ป๐ด ๐ฅ๐ฒ๐๐ฎ๐ฟ๐ฑ๐
๐ฏ ๐ ๐ฎ ๐ ๐ถ๐๐๐ถ๐ผ๐ป ๐๐ฎ๐ฟ๐ป๐ถ๐ป๐ด๐
๐ ๐ฅ๐ฎ๐ป๐ฑ๐ผ๐บ ๐ฆ๐๐๐ ๐ฑ๐ฟ๐ผ๐ฝ ๐ถ๐ป ๐๐ฎ๐ฝ๐ฝ๐ ๐๐ผ๐๐ฟ
๐ ๐๐ก๐ฒ ๐๐จ๐ฆ๐ ๐๐๐๐ค ๐ญ๐จ๐ฆ๐จ๐ซ๐ซ๐จ๐ฐ?
Because tomorrowโs gift isnโt just better โ itโs MULTIPLIED! The more days you log in, the bigger the rewards get.
Donโt miss out on the fun. Log in now and let the festive frenzy roll!
๐ MILESTONE ACHIEVED: #cPenNetwork hits 1 MILLION users! ๐
Thank you to our incredible community - your support made this possible! We're just getting started... ๐ซ
Our focus from now through Q1 2025:
Strategic partnerships & global marketing
Token Generation Event preparation
Top-tier exchange listings
Enhanced mobile app features
Exploring the new Telegram mini-app as part of the cPen ecosystem
Join our journey: https://t.co/HB3sJFn7jk
#Web3 #Crypto