Hi #cPenNetwork community,
Since INK Phase 1 and its PancakeSwap launch, we’ve read your feedback, including your disappointment with the price. We hear you.
We cannot set or promise INK’s market price. What we can do is explain the model we’re building:
• People use the cPen app and mine tokens.
• The app generates revenue, including from ads.
• We use a portion of that revenue for token buybacks.
For this to grow, three things matter:
1. Real accounts. Bots and duplicate accounts undermine fairness for genuine members. We’ve added face liveness to KYC and will keep improving our fraud controls.
2. Revenue. Buyback amounts depend on the revenue available. We’re working to grow the app and develop more ways for the ecosystem to earn revenue.
3. Community. Your participation and feedback help us build an app people want to use and keep improving it.
Buybacks do not guarantee a higher price. We know this approach is unusual for mobile mining, and we know it takes time. We believe building real participation and revenue gives cPen a stronger foundation, and we’ll keep sharing the results as we go.
Thank you for staying with us and telling us what you think.
cPen team
A small team with a big dream