Hi #cPenNetwork community,
With HATN mining now underway, we are moving into the final stage of the INK process.
INK balance verification is now underway, and phased INK distribution is expected to begin around mid-September, following completion of the verification process.
Before distribution begins, please make sure your wallet address is correct:
- Open the cPen app and go to the Wallet page.
- Check your BSC wallet address. It must be a self-custody wallet — a wallet where you control the private keys, such as MetaMask or Trust Wallet.
- Do not use a centralized exchange (CEX) deposit address. INK will not be listed on a centralized exchange at launch. INK sent to an unsupported exchange deposit address may not be credited or recoverable.
- Once you have confirmed that your address is correct, we strongly recommend that you lock your wallet address in the app. A locked wallet address cannot be changed without verification, adding another layer of protection if someone gains unauthorized access to your account.
Thank you for your patience and continued support.
cPen Team
A small team with a big dream
To every #cPenNetwork community member affected by the BitMart situation:
Since BitMart announced its wind-down, we have asked the exchange, privately and publicly, to lower both the CPEN withdrawal fee and the minimum, while also processing pending withdrawals. So far, we have received no response to our requests.
BitMart has since announced that it is developing a potential restructuring and business-resumption plan as an alternative to a full wind-down. The outcome remains uncertain, and BitMart says it expects to provide another update by September 9.
We know how difficult these past weeks have been for affected CPEN holders: high withdrawal requirements, pending withdrawals, and uncertainty about what happens next.
We have been considering what cPen can do from our side to help.
After careful consideration, we have made a decision.
Our plan does not depend on BitMart.
Our commitment
Eligible cPen users whose 2025 CPEN distribution was sent to a BitMart deposit address and who were affected by BitMart's wind-down or restructuring process will receive a one-time goodwill HATN credit from cPen.
The program is intended to address two situations:
• CPEN from the 2025 distribution that users were unable to practically recover from BitMart
• High CPEN withdrawal fees incurred during the wind-down process
The goodwill credit will be provided in HATN, subject to a per-user cap.
The calculation method, conversion rate, cap, eligibility rules, and other program terms will be announced together before applications open.
How it will work
We are developing a simple in-app application process.
The process will be free and handled directly through the official cPen app. Eligibility will be verified using cPen's records and other available information under the final program rules.
There will be no application fee, and we will never ask you to pay anyone to participate.
We expect to publish the full program terms and application instructions in September or October.
Important
This is a one-time, voluntary goodwill program.
BitMart is an independent platform. cPen is not responsible for BitMart's business decisions, withdrawal policies, fees, processing times, or assets held on its platform.
This program does not change that responsibility. It is something we have voluntarily chosen to do to support affected members of our community.
The program is independent of BitMart.
Any goodwill HATN credit provided by cPen will be separate from the BitMart restructuring or withdrawal process. Further details regarding the treatment of any later BitMart recovery will be included in the final program terms.
Please keep your BitMart records and support tickets, including dates, amounts, transaction records, and ticket numbers. They may be important if BitMart requests evidence as part of its withdrawal or restructuring process.
HATN credited through this program will be subject to the applicable HATN rules and the final terms of the program.
Stay safe
The cPen team never sends private messages asking for funds, passwords, seed phrases, private keys, or verification codes.
Anyone privately offering to "recover" your BitMart funds on behalf of cPen is not representing us.
Please rely only on official cPen Network accounts and announcements inside the cPen app.
We cannot control what happens at BitMart.
But where there is something we can reasonably do from our side to support our community, we will do our best to do it.
Thank you for your continued support.
cPen Team
A small team with a big dream
📢 𝗢𝗳𝗳𝗶𝗰𝗶𝗮𝗹 𝗖𝗼𝗺𝗺𝘂𝗻𝗶𝘁𝘆 𝗨𝗽𝗱𝗮𝘁𝗲
Grey Network is advancing, with you all in mind. 🩶
First, we want to say THANK YOU to our incredible community. The enthusiasm and support you’ve shown for Grey Network has been amazing. So many of you were eager to complete KYC and move forward at the same time that our platform experienced an extraordinary surge in traffic. That level of demand placed significant pressure on our servers, resulting in instability and making access to some parts of the platform difficult for users.
Our engineering team has been working intensively behind the scenes to identify the bottlenecks, stabilize the infrastructure, and restore a smoother experience. We’re happy to say that the platform is now stable and operating normally. ✅
𝗪𝗵𝗮𝘁 𝗵𝗮𝗽𝗽𝗲𝗻𝘀 𝗻𝗲𝘅𝘁?
To ensure a more reliable experience for everyone, we are introducing a scheduled KYC batch completion model. Rather than having everyone access and process KYC simultaneously, users will be moved through controlled batches. This approach will help us:
• Manage traffic more effectively
• Reduce server pressure
• Improve KYC accessibility and completion
• Maintain platform stability
• Deliver a smoother experience for the entire community
The batching system was designed to serve you better, not to slow you down. We also want to congratulate the many users who have already been successfully migrated. 🎉 For those still waiting, your migration is on the way. We appreciate your patience and understanding as we work through each batch.
𝗕𝗲𝘆𝗼𝗻��� 𝗞𝗬𝗖 🚀
While the team has been working on platform stability, development has continued behind the scenes. More exciting features, major improvements, and important updates are already in development, with new releases coming in the weeks and months ahead. We’re building for our community and for the growth of the Grey Network ecosystem. 🩶
The Grey Network community will be opened shortly, and we look forward to bringing everyone together again. This is an important stage for Grey Network, and we are taking the necessary steps to build an infrastructure that can support the scale of the community we are becoming.
Thank you for believing. Thank you for your patience. Thank you for building with us.
Grey Network is advancing, with you all in mind. 🩶
— Grey Network Team
— https://t.co/PlAqlMcUca
📢 𝗚𝗥𝗘𝗬 𝗡𝗘𝗧𝗪𝗢𝗥𝗞 𝗘𝗖𝗢𝗦𝗬𝗦𝗧𝗘𝗠 𝗨𝗣𝗗𝗔𝗧𝗘
Dear Grey Network Community,
As part of our commitment to developing real world utilities around $GREY, we are pleased to share an update on one of the core ecosystem utilities currently under development: the Grey Network Marketplace.
A few days ago, we introduced the Marketplace button inside the Grey Network mining app, giving our community a first look at one of the utilities we are actively building. The Marketplace, also accessible at https://t.co/pctwxKQVct, is part of our broader vision to create practical use cases for $GREY and establish an ecosystem where the coin serves a genuine purpose beyond mining.
🛒 𝗦𝗛𝗢𝗣𝗣𝗜𝗡𝗚, 𝗠𝗘𝗥𝗖𝗛𝗔𝗡𝗧𝗦 & 𝗥𝗘𝗚𝗜𝗢𝗡𝗔𝗟 𝗖𝗢𝗠𝗠𝗘𝗥𝗖𝗘
The Grey Network Marketplace will allow users to shop for goods from participating merchants, pay with $GREY, and have their purchases delivered to their location. Through our Merchant Program, verified businesses will be able to register their stores and upload products for buyers to discover and purchase.
The Marketplace will initially support regional commerce, connecting buyers with merchants within or close to their region. As the merchant network grows, our goal is to expand beyond regional commerce into a global marketplace where users can purchase goods from merchants around the world and have them delivered to their locations.
💰 $𝗚𝗥𝗘𝗬 𝗔𝗦 𝗔 𝗠𝗘𝗔𝗡𝗦 𝗢𝗙 𝗣𝗔𝗬𝗠𝗘𝗡𝗧
At the heart of the Marketplace is $GREY as the means of payment. Goods and services offered through the platform will be purchased using $GREY, giving the coin a direct and practical function within the ecosystem. Merchants joining the Merchant Program will be required to accept $GREY and comply with applicable Marketplace policies covering product standards, merchant conduct, pricing, transactions, fulfilment, delivery and the applicable $GREY valuation.
The USD value of $GREY referenced within the Marketplace represents the estimated value being considered by Grey Network for the coin. While this remains subject to confirmation as development progresses, merchants participating in the Marketplace will be required to recognise and comply with the applicable $GREY value established by Grey Network.
Users will always have the freedom to use their $GREY as they choose, including trading or selling it elsewhere. Our goal is to build an ecosystem where $GREY has practical utility and can be used to access real goods, services and other utilities.
🚧 𝗖𝗨𝗥𝗥𝗘𝗡𝗧 𝗗𝗘𝗩𝗘𝗟𝗢𝗣𝗠𝗘𝗡𝗧 𝗦𝗧𝗔𝗧𝗨𝗦
The Grey Network Marketplace is currently under active development. The products, prices, checkout actions, wallet interactions and other elements currently visible are part of the development version and should not be interpreted as live commercial transactions. No real world funds or physical product deliveries are currently being processed through the platform.
🛠️ 𝗢𝗡𝗘 𝗢𝗙 𝗠𝗔𝗡𝗬 𝗚𝗥𝗘𝗬 𝗡𝗘𝗧𝗪𝗢𝗥𝗞 𝗨𝗧𝗜𝗟𝗜𝗧𝗜𝗘𝗦
The Marketplace is one of many utilities planned for the Grey Network ecosystem and an important step toward our broader vision. Mining is only one part of that journey. We are building an ecosystem where $GREY is supported by genuine utility and can be used across products, services and utilities built around Grey Network.
We are building a place where $GREY can have a purpose.
More details about the Marketplace, Merchant Program, launch timeline and other ecosystem utilities will be shared as development progresses through our official roadmap.
Thank you for continuing to build with us.
The future is GREY NETWORK.
The Power is COMMUNITY. 🧡
— https://t.co/PlAqlMds1I
📢 𝗚𝗥𝗘𝗬 𝗡𝗘𝗧𝗪𝗢𝗥𝗞 𝗘𝗖𝗢𝗦𝗬𝗦𝗧𝗘𝗠 𝗨𝗣𝗗𝗔𝗧𝗘
Dear Grey Network Community,
As part of our commitment to developing real world utilities around $GREY, we are pleased to share an update on one of the core ecosystem utilities currently under development: the Grey Network Marketplace.
A few days ago, we introduced the Marketplace button inside the Grey Network mining app, giving our community a first look at one of the utilities we are actively building. The Marketplace, also accessible at https://t.co/pctwxKQVct, is part of our broader vision to create practical use cases for $GREY and establish an ecosystem where the coin serves a genuine purpose beyond mining.
🛒 𝗦𝗛𝗢𝗣𝗣𝗜𝗡𝗚, 𝗠𝗘𝗥𝗖𝗛𝗔𝗡𝗧𝗦 & 𝗥𝗘𝗚𝗜𝗢𝗡𝗔𝗟 𝗖𝗢𝗠𝗠𝗘𝗥𝗖𝗘
The Grey Network Marketplace will allow users to shop for goods from participating merchants, pay with $GREY, and have their purchases delivered to their location. Through our Merchant Program, verified businesses will be able to register their stores and upload products for buyers to discover and purchase.
The Marketplace will initially support regional commerce, connecting buyers with merchants within or close to their region. As the merchant network grows, our goal is to expand beyond regional commerce into a global marketplace where users can purchase goods from merchants around the world and have them delivered to their locations.
💰 $𝗚𝗥𝗘𝗬 𝗔𝗦 𝗔 𝗠𝗘𝗔𝗡𝗦 𝗢𝗙 𝗣𝗔𝗬𝗠𝗘𝗡𝗧
At the heart of the Marketplace is $GREY as the means of payment. Goods and services offered through the platform will be purchased using $GREY, giving the coin a direct and practical function within the ecosystem. Merchants joining the Merchant Program will be required to accept $GREY and comply with applicable Marketplace policies covering product standards, merchant conduct, pricing, transactions, fulfilment, delivery and the applicable $GREY valuation.
The USD value of $GREY referenced within the Marketplace represents the estimated value being considered by Grey Network for the coin. While this remains subject to confirmation as development progresses, merchants participating in the Marketplace will be required to recognise and comply with the applicable $GREY value established by Grey Network.
Users will always have the freedom to use their $GREY as they choose, including trading or selling it elsewhere. Our goal is to build an ecosystem where $GREY has practical utility and can be used to access real goods, services and other utilities.
🚧 𝗖𝗨𝗥𝗥𝗘𝗡𝗧 𝗗𝗘𝗩𝗘𝗟𝗢𝗣𝗠𝗘𝗡𝗧 𝗦𝗧𝗔𝗧𝗨𝗦
The Grey Network Marketplace is currently under active development. The products, prices, checkout actions, wallet interactions and other elements currently visible are part of the development version and should not be interpreted as live commercial transactions. No real world funds or physical product deliveries are currently being processed through the platform.
🛠️ 𝗢𝗡𝗘 𝗢𝗙 𝗠𝗔𝗡𝗬 𝗚𝗥𝗘𝗬 𝗡𝗘𝗧𝗪𝗢𝗥𝗞 𝗨𝗧𝗜𝗟𝗜𝗧𝗜𝗘𝗦
The Marketplace is one of many utilities planned for the Grey Network ecosystem and an important step toward our broader vision. Mining is only one part of that journey. We are building an ecosystem where $GREY is supported by genuine utility and can be used across products, services and utilities built around Grey Network.
We are building a place where $GREY can have a purpose.
More details about the Marketplace, Merchant Program, launch timeline and other ecosystem utilities will be shared as development progresses through our official roadmap.
Thank you for continuing to build with us.
The future is GREY NETWORK.
The Power is COMMUNITY. 🧡
— https://t.co/PlAqlMds1I
🚀 𝗞𝗬𝗖 𝗣𝗛𝗔𝗦𝗘 𝟭 𝗜𝗦 𝗡𝗢𝗪 𝗟𝗜��𝗘!
The wait is over.
KYC Phase 1 is officially live, marking another major milestone in the Grey Network journey and bringing us one step closer to a secure, verified, and trusted ecosystem.
Complete your KYC and secure your place in the future of Grey Network.
Every verified member strengthens the network. Every milestone brings us closer to Mainnet. Every step forward is powered by our community.
The future is GREY NETWORK.
The Power is COMMUNITY. 🧡
— https://t.co/PlAqlMcUca