CPEN Token Tokenomics Details
2025-04-04
The presence of the CPEN Network, if observed closely, is almost similar to PI Network, because both rely on the use of mobile applications.
However, it seems that CPEN Network offers clearer innovation and is quite successful in building trust, although some parties still question its legality.
Let's learn more about the CPEN Network from the CPEN tokenomics side in this article.
What is CPEN Network?
cPen Network is a mobile-focused blockchain platform that lets users earn its native cryptocurrency, CPEN, by simply checking in daily through their phones.
Its mission is to make blockchain more accessible by linking everyday services to blockchain features.
Recently, the platform began mining a new token called INK, which complements CPEN. New users are encouraged to start mining INK through the official cPen website.
Read Also: CPEN Listing Date Latest Update
The team plans to launch the mainnet in Q1 2026, allowing users to swap their current Binance Smart Chain (BSC) tokens for tokens on the new Open Network Blockchain, aiming for broader real-world use.
CPEN Token Tokenomics
The CPEN token is structured to promote fair distribution and support the network’s long-term sustainability. Here's how the total supply is allocated:
1. Community – 72%
The majority of tokens (72%) are dedicated to the community to encourage growth and engagement. This is split into:
60% for Pre-Mainnet Mining:
These tokens are distributed through mining activities before the mainnet launch, such as daily rewards and airdrops.
12% for Mainnet Rewards:
Once the mainnet is live, these tokens will reward essential contributors like node operators, content creators, and validators.
Read Also: CPEN Price Prediction when $CPEN Listing
2. Team – 10%
This portion is reserved for the core team behind cPen Network. It will support both current development and the expansion of the team in the future.
3. Treasury – 10%
These funds are allocated for:
Liquidity provisioning
Token listings on exchanges
Market-making activities
Essentially, this pool ensures that CPEN remains accessible and tradable in the broader crypto market.
4. Ecosystem – 8%
This segment supports the growth and sustainability of the ecosystem. It’s meant to fund:
Development initiatives
Partner integrations
Incentives for projects building on cPen
cPen Network's tokenomics reflect a community-first approach, a sustainable roadmap, and a long-term vision for real-world blockchain integration.
From $PEN to $CPEN
As the cPen Network continues to evolve, one of the most notable updates in its journey is the rebranding of its token ticker from $PEN to $CPEN.
This change is more than cosmetic, it reflects a thoughtful strategy to ensure clarity, strengthen brand identity, and prepare the ecosystem for long-term growth.
Initially, the token carried the symbol $PEN, which, although simple and easy to remember, posed a challenge in the broader crypto and financial space.
The ticker PEN is already widely recognized as the international currency code for the Peruvian Sol (PEN).
This overlap created confusion among users, particularly on wallets, exchanges, and market-tracking platforms, where multiple assets might be listed under the same or similar ticker names.
To eliminate this ambiguity and build a stronger, more distinct identity, the project has transitioned the token symbol to $CPEN—a clear nod to the network's name: cPen.
Enhancing Clarity and Trust
The new ticker, $CPEN, brings immediate recognition and association with the cPen Network itself. It allows community members, traders, and investors to confidently identify the token, reducing the risk of misinterpretation or mistakes during transactions.
Moreover, the rebranding aligns with the network’s core values: transparency, accessibility, and community focus.
It shows a commitment to responsible development, especially as the network gears up for major milestones like the INK token mining phase, mainnet launch, and token swap from the Binance Smart Chain (BSC) to its upcoming Open Network Blockchain.
For users, nothing changes in terms of value, functionality, or wallet holdings. If you've been mining or receiving $PEN tokens, your assets are now recognized under the $CPEN ticker without any action required on your part.
It’s a smooth transition, designed to simplify the experience and reinforce the strength of the cPen Network brand.
Final Note
The CPEN token lies at the heart of the cPen Network's mission to build a fair, accessible, and sustainable blockchain ecosystem.
With 72% of the token supply allocated to the community, and additional portions reserved for the team (10%), treasury (10%), and ecosystem growth (8%), the tokenomics clearly reflect a community-first approach that rewards early participation and supports long-term development.
In line with its growth and rebranding strategy, the network has also transitioned its ticker from $PEN to $CPEN.
This change was made to prevent confusion with existing currency codes, reinforce the project’s unique identity, and lay the groundwork for its upcoming mainnet launch and token swap.
Together, the refined tokenomics and rebranded ticker mark a significant step forward in making CPEN a strong, recognizable, and future-ready digital asset.
FAQ
1. What is the total supply of CPEN tokens, and how is it distributed?
The total supply of CPEN tokens is fixed and distributed as follows:
72% to the community (60% for pre-mainnet mining, 12% for mainnet rewards)
10% to the core team
10% to the treasury (liquidity, listings, market-making)
8% to ecosystem development
2. Why did the cPen Network change its token ticker from $PEN to $CPEN?
The change was made to avoid confusion with the Peruvian Sol (PEN) and other similarly named tokens. The new ticker $CPEN clearly identifies the token as part of the cPen Network, strengthening brand identity and ensuring user clarity across exchanges and wallets.
3. Did the ticker change from $PEN to $CPEN affect my tokens or mining rewards?
No. The change was purely cosmetic. Your token balance, mining rewards, and wallet functionality remain exactly the same. Only the symbol has been updated to better reflect the project.
4. What is the purpose of the CPEN token?
CPEN powers the cPen Network ecosystem. It is used for:
- Rewarding users through mining and participation
- Supporting validators and node operators post-mainnet
- Fueling ecosystem growth, partnerships, and utility applications
5. When will the mainnet launch, and what happens to CPEN tokens then?
The mainnet launch is planned for Q1 2026. At that time, users will be able to swap their BSC-based CPEN tokens for tokens on the cPen Open Network Blockchain, expanding real-world adoption and enabling broader blockchain functionalities.
Disclaimer: The content of this article does not constitute financial or investment advice.
