🔥 𝗦𝗲𝗲𝗱 𝗥𝗼𝘂𝗻𝗱 𝗖𝗼𝗺𝗽𝗹𝗲𝘁𝗲: 𝗧𝗲𝗻𝗲𝗼 𝗵𝗮𝘀 𝗿𝗮𝗶𝘀𝗲𝗱 $𝟯 𝗺𝗶𝗹𝗹𝗶𝗼𝗻 🔥
We’re thrilled to announce that we have secured $3 million in seed funding, led by @Rockaway_X, @borderless_cap and @genventurecap.
This funding helps us take the Teneo Community Node to the next level.
It makes us incredibly proud to have such visionary partners on board who share our belief in decentralizing data and empowering people, including @MoonrockCapital, @CertiKVentures, @OVioHQ, @XVentures_Fund, @token_ventures, EOT Ventures, @MNCapital_vc. @BlockchainAG, @Venionaire_Web3 and many more.
Thanks for all of your support - this is just the beginning. 🪐
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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!