🔒 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, 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 — total transparency, always.
Why This Matters:
- We’re here to stay: Reinvesting profits = proof we’re 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 — you made this work. Let’s keep growing together.
We’re more confident than ever about cPen’s future!
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!
Hey #cPenNetwork community,
In just 3 days, cPen mining will switch over to $INK. Please update your app to v1.2.20 or later to avoid interruptions.
Note: When mining transitions from $PEN to $INK, your current streak will reset for $INK mining.
On March 11, KYC and wallet address entries will be paused for balance verification and token distribution.
To qualify for the cPen token distribution, complete your KYC and add your BSC wallet address before March 11—if not, your $PEN tokens will be burned.
Thanks for your continued support!
Attention, new cPen users!
We’ve seen concerns about KYC — don’t worry, you still have time! ⏳
Even though the mining streak resets on Feb 28, you can start fresh and complete your 5-day mining streak in time for KYC before the March 11 deadline.
👉 Start mining today, complete KYC, enter your BSC wallet address, and secure your $PEN before it's too late! 🚀
#cPen #InkToken #KYC #CryptoMining
In a few hours (2025-02-28 23:59:59 UTC), cPen mining will switch over to $INK. Please update your app to v1.2.20 or later to ensure uninterrupted service.
On the Wallet page, you can check your PEN and INK token balances. Note that the Verified amount is 0 for now, as the verification process hasn’t started yet. Once complete, your verified amount will be updated.
Make sure to complete any pending KYC and BSC wallet address entry by March 11 to fully qualify for token distribution. Also, please be aware that post-switch, mining streaks will reset.
Thanks for your continued support!
Hey #cPenNetwork community, due to an overwhelming surge in traffic, our service became very slow over the past few hours. We've upgraded our servers, and everything is now back to normal.
We sincerely apologize for the inconvenience and appreciate your patience.
Thank you for your continued support! 🙌
Hey #cPenNetwork community! 🚀 Despite a minor glitch, the transition to $INK mining in the cPen app is now complete! This marks a major milestone in our journey—thank you for being part of it!
🔹 Update your app to version 1.2.20 or later for the best experience.
🔹 If you mined $PEN before the switch, it’s visible in your Wallet. The verified amount will show 0 until verification is completed later this month.
🔹 Referral mining rewards update: Earn 10% of your referral’s basic mining—rewards will reflect after their session ends.
🔹 Referral bonus remains: You & your referral each earn 3 $INK per new sign-up.
🔹 Your team includes all your referrals, excluding the person who referred you.
🔹 KYC & BSC wallet deadline: Complete your KYC and enter your BSC wallet address by March 11!
We appreciate your support! More updates coming soon.
🚀 Hey #cPenNetwork community! Here's how the new INK mining team rewards work:
👉 You earn 10% of a team member’s basic mining income—without changing your mining rate.
👉 Example: If a team member mined 10 $INK yesterday, you get 1 $INK.
👉 This bonus is separate from your own mining rate.
You can check your team mining rewards on the mining page.
Attention #cPenNetwork community! 🚨
The KYC & BSC Wallet Address entry will close on March 11.
If you've mined $PEN but haven't completed KYC or added your wallet, update your app to version 1.2.20+ and finalize it ASAP.
🔹 March 11 – $PEN balance verification begins
🔹 March 24 – $PEN token distribution starts
🔹 End of March – $PEN will be listed on DEX
Don't miss out — secure your $PEN today!
🚨 KYC Deadline Extended! 🚨
Hey #cPenNetwork community, we’ve heard you! Due to high demand, we’re extending the KYC & BSC wallet submission deadline by 5 days to March 16, 18:00 UTC.
📌 Updated Timeline:
🔹 KYC & Wallet Submission: March 16, 18:00 UTC
🔹 cPen Token Distribution: March 30, 2025
🔹 DEX Listing: Early April
We're actively working on a CEX listing, but due to current market conditions, we can’t confirm a date yet. We’ll keep you posted on any progress!
We appreciate your patience and support. Together, we’re building something great! 💪🔥
#cPen #Crypto #Blockchain
Hey #cPenNetwork community, we've just rolled out a server-side update to enhance security and better protect your accounts.
🔒 As a result, you may have been logged out and will need to log in again.
💡 Forgot your password? No worries!
1️⃣ Open the cPen app and tap "Reset Password" on the login page.
2️⃣ Check your email and click "Reset Password" button in the email to proceed.
3️⃣ If you don’t see the email, check your junk/spam folder.
We appreciate your patience and support! 🙌 #cPenUpdate
KYC closes soon! Deadline: March 16, 18:00 UTC – no extensions!
📌 Submit your BSC Wallet Address before March 29.
If you’ve mined $PEN, you must complete KYC and provide your BSC Wallet Address before the deadlines. Missing this means you won’t qualify for the cPen token distribution starting March 30, 2025.
🔹 $INK miners: KYC will re-open in the future, so no worries!
Thank you for your support! 🚀 #cPen #Crypto #Web3
Quick note: If you've recently joined but haven't had a chance to complete KYC yet, don't worry —
KYC will reopen in the future for $INK mining.
Thanks for your continued support! 🚀
Hey, #cPenCommunity! The KYC process is now closed and will reopen in the future for $INK mining.
We've officially begun cPen token verification—the total token supply will be finalized once verification is complete.
Thank you for your continued support! Stay tuned for more updates. 💎
Hey #cPenNetwork community! To avoid confusion, we're officially changing our token symbol from PEN to CPEN.
In the cPen app and social posts, you might still see $PEN or $CPEN interchangeably, but our official token symbol moving forward will be $CPEN.
✅ This update won't affect your token balances or ongoing plans.
⚠️ Reminder: Our smart contract is NOT published yet. Any tokens labeled PEN or CPEN currently available are unofficial. Official announcements coming soon!
Thanks for your continued support! 🚀
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