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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 cPen 1.2.17 Update is Here! ๐
Weโve just launched our latest cPen app update on Android (iOS coming soon)! ๐
You can now enter your BSC wallet address for the upcoming token distribution in the first quarter of 2025 (exact date TBA). ๐๐ ๏ธ
Please note that the address must be from a self-custodial wallet (such as MetaMask, Trust Wallet, or OKX Web3 Wallet) that you control. Do not use addresses from centralized exchanges (CEX).
Make sure you verify your wallet address carefully. If you provide an incorrect address or a CEX address, your tokens will be lost permanently and cannot be recovered.
If you havenโt installed the cPen mobile app yet, download it here: https://t.co/HB3sJFnF8S
Thank you for your continued supportโtogether, weโll make a difference!
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
Hey #cPenNetwork community, our project is growing rapidly with your support and we're excited to share our development plan with you:
After the distribution, we will use the cPen app profits to:
- Buy cPen tokens regularly (to boost liquidity pools and grow the project).
- This is a long-term strategy, not a one-time move!
- Share a public BSC wallet so everyone sees every action.
- Post monthly updates โ total transparency, always.
Why This Matters:
- Weโre here to stay: Reinvesting profits = proof weโre committed for the long haul.
- Better for you: Stronger liquidity = smoother trades for the community.
As you may already know we are a tiny team without outside investment. And this brings us some advantages:
- No outside investors = no pressure to sell tokens.
- Zero profit-sharing = more pennies go back into cPen.
- We spend wisely to keep the project running forever.
Thank YOU!
Over a year in, we are proud of what have achieved without hype and marketing โ you made this work. Letโs keep growing together.
Weโre more confident than ever about cPenโs future!
Why will we buy cPen tokens?
We previously announced that we would regularly purchase cPen tokens. Based on community feedback, weโd 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 thereโs 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, weโve 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 wouldnโt be possible without the incredible support of our community. Thank you!
โญ๏ธ ๐๐๐๐โ๐ฌ ๐ ๐ซ๐ข๐๐ง๐๐ฌ๐ก๐ข๐ฉ ๐๐ฐ๐๐ซ๐๐ฌ: ๐๐จ๐ฎ๐ซ ๐๐ข๐ฆ๐ ๐ญ๐จ ๐๐ก๐ข๐ง๐ โญ๏ธ
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From the 1st million who believed, to the 5 million who built, and now 16 million strong, we appreciate every milestone powered by #Seedizens! ๐
Letโs keep the momentum going โ invite your frens, earn $SEED, and contribute to the next million! Together, weโll gain big for #SEED Airdrop! ๐ฅฐ
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With 3 #snapshots on Sep, Oct, Nov, the race is on. Donโt get left behind!
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Take action NOW to secure your $SEED! ๐ฎ
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