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
🔒 Important Announcement: $PEN Token Lock Strategy Update! 🔒
To ensure long-term growth and community trust, we’re locking 30% of $PEN’s total supply for 5 years:
✅ 12% – Mainnet Rewards
✅ 10% – Team Allocation
✅ 8% – Ecosystem Fund
Lock Details:
⏳ 12-Month Cliff: No unlocks in Year 1.
📈 48-Month Linear Vesting: Gradual release from Month 13–60.
🚨 Important Note: Community-mined rewards (earned through participation) are NOT locked—only the 30% above are subject to the lock.
To our incredible community: Thank you for believing in #cPenNetwork’s vision! 🚀
#Blockchain #Crypto #Tokenomics
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:
• 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.
• 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.)
• Mar 24, 2025:
$PEN token distribution begins.
The $PEN token distribution marks a significant milestone in our project—and it's only the beginning. Stay tuned for more exciting updates!
Thank you for your continued support!
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:
✓ Complete KYC verification
✓ 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! 🔔
@Azalina_Blog two of you, get problem, no child have the audacity to break a TV, no be after beating he will or she will not try it, our parents raised us this way, proper, it was good on us
@renoomokri reno I know Peter obi is the oxygen you breath, don't worry soon get tired and loose your breath, because Peter obi will be president, he is the hope of Nigeria
@EmmanuelAfula ogun go kill you, you lock comment section of Celia lunch, I know blame una na situation if this country, made people do your scam project
@EmmanuelAfula Mr man stop writing long messages, community don't need this feedback make sure you do everything and let results show itself, not writing here, it looks like a joke
@EmmanuelAfula oga please release this coin, nobody dey interested for Academy, we mined with our heart we deserve our airdrop, trust wallet, before the lunch