CPEN, a mobile-first blockchain, is leading the way in blockchain adoption by linking blockchain technology with real-world use cases. It integrates traditional services with blockchain features, promotes equitable token distribution, and empowers the community through decentralized governance while encouraging the practical use of blockchain solutions, all by creating an inclusive ecosystem.
The CPEN platform has a dual token ecosystem: the CPEN token, and INK token.
This article will provide an overview of CPEN and its features, tokenomics, and the new listing details for the cryptocurrency on exchange platforms.
What is CPEN?
Cpen Network is a blockchain platform that is designed to allow users to mine its native token, CPEN, directly from their smartphones.
By creating an accessible ecosystem that connects traditional services with blockchain capabilities, the project aims to bridge the gap between blockchain technology and real-world applications.
The mining process of CPEN is designed with a user-friendly interface, inquiring only about daily check-ins without significant resource consumption.
The CPEN team has announced new phases for community development, token distribution, and protocol development. let’s take a look at some of the platform’s standout features:
- CPen seamlessly integrates mining capabilities into a user-friendly interface.
- It empowers individuals to participate in blockchain networks with ease.
- CPen users, while supporting blockchain security, can earn rewards in various cryptocurrencies.
- The CPen mining app ensures minimal environmental impact as it focuses on efficiency and sustainability.
- It is suitable for all investors, whether it is their first time investing or they are seasoned investors, making crypto mining reach a wider audience.
The Tokens Of CPen Network
The CPen Network follows a Dual token system, CPEN (previously known as PEN) being the first one and the second one known as INK, which will be launched after the distribution of CPEN. Both these coins have their own features and functions.
- $CPEN Token: Being the primary token of the network, it is required to ensure the network’s operations and security. It is used to pay for transactions across the CPen blockchain.
- $INK Token: It is the utility token of the network used for in-app purchases. It has to be earned by active engagement on the platform.
$CPEN Allocation
With a significant portion of the tokens going to users who frequently engage in the network, the CPEN token distribution emphasizes community ownership. The token allocation is structured in the following order:
- Community Allocation: 72% of the total token supply is allocated to the CPen community, of which 60% is dedicated to pre-mainnet mining, including both airdrops and rewards for early participants, and 12% is reserved for mainnet incentives, incentivizing content creators, node operators, and validators once the network goes live.
- Team Allocation: 10% of the token supply is set aside for the project’s core team, rewarding their efforts in building and maintaining the network.
- Treasury: To support the project’s financial stability and growth, the network has allocated 10% of its total token supply
- Ecosystem Development: funds for this category will be used for onboarding new projects and to expand the overall utility and reach of the CPen ecosystem.
CPEN Listing Date
At press time, the CPen Network has not officially released the exact listing date of the CPEN token. However, as per reports, the token is expected to be listed on decentralized exchanges in early April 2025. April 2025, with plans to launch the token on leading platforms like BitMart.
According to a post from WEEX, a $CPEN giveaway event is in progress and scheduled to end on April 8, 2025, at 10:00 AM UTC. To learn about the CPEN token listing date, follow the official social media channel for updates and announcements.
Conclusion
As a blockchain network that allows participants to cooperate and mine tokens on their smartphones, CPen offers a unique investment opportunity in the crypto space. It aims to bridge the gap between blockchain technology and real-world applications.
The network has two tokens, $CPEN, which is used as the primary token, and $INK, which is used as payment for in-app purchases. CPen has allocated its tokens in such a way that both the community and the core team get prioritized.
The official listing date is yet to be determined, however, it is expected to occur in early April.
If you are determined to invest in CPen or any other crypto projects, it is crucial to do the required diligence by being updated about the current market condition and gathering feedback from market analysts and financial advisors.