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Since the inception of #cPenNetwork, our community has been growing rapidly, and we've received tremendous support and encouragement. We extend our heartfelt gratitude to all of you for your support; together, we can make a significant impact.
It's time to share additional information with the community about the project, our ambitions, challenges, and more.
1. Goal:
Our primary aim is to develop cPen into a social media platform, rather than merely a digital mining app or a cryptocurrency. People will use cPen to share their stories, thoughts on any topic, utilizing text, pictures, or videos. At this stage, cPen will closely resemble traditional web 2 social media. The key distinction lies in the fact that cPen empowers $pen holders to participate in content management and share in the profits generated by #cPenNetwork. Furthermore, #cPenNetwork's vision extends beyond this; we plan to expand into various other sectors, such as payments and e-business, integrating them with $pen.
2. The Value of $pen:
We understand that the value of cryptocurrencies primarily depends on consensus. However, $pen's value will be rooted in both consensus and the value generated by #cPenNetwork itself. As #cPenNetwork creates value and profits, $pen will find a solid foundation.
3, How to mine $pen
Daily Check-In: Ensure you check in daily to earn $pen.
Invite Others
Intermittent Rewards: Keep an eye out for occasional rewards.
Upcoming Features:
- Post Stories on cPen: : Earn $pen by sharing your stories on cPen (feature coming).
- Read and Chat on cPen: Stay tuned for the ability to earn $pen by reading and engaging in conversations on cPen (feature coming).
- Make payment or other activities on cPen (feature coming).
4. The Team:
We are a tiny, dedicated team of individuals who, in our spare time, contribute to this project with a strong passion for bridging the worlds of web 2 and web 3. We acknowledge that we are currently limited in size, lacking the ability to make promises at this stage. Initially, development may progress at a slower pace, but as the project expands, we aspire to grow our team and expedite development.
5. Funding:
We envision this project as community-driven, with the majority of #cPenNetwork ownership belonging to our miners. We have no plans for pre-sale or external investments; currently, the only potential source of funding might be through unobtrusive in-app advertising, with the goal of minimizing its impact.
6. Total Supply:
The total supply of $pen will be influenced by various factors, including the number of registered users, active miners, halving events, and reward structures. A precise figure cannot be determined at this moment.
7. White Paper:
We recognize the significance of a white paper, and we intend to develop one. However, there are more pressing priorities at this moment.
8. Things to Do:
Below, we outline the tasks on our agenda. The schedule will depend on the growth of our community and other contributing factors:
App development and community expansion.
Establishment of social media presence and Level 1 Know Your Customer (KYC).
Implementation of Level 2 KYC and the launch of the test network.
Launch of the mainnet.
We hope for your continued support.