cPen is a mobile application that allows users access and grow the $pen crypto token on a daily basis via mining. The mining activity started some months ago and ever since, it’s been going on smoothly with little to no hitches but this doesn’t change the fact that, there are a few things that are undesirable and in this piece, we will be having a look at some of them.
In this article, we will be talking about cPen; a crypto mining application that’s still in the process of development. Currently, not much can be done on the application besides mining, but when it comes to carrying the community along with constant updates and news regarding the development of the cPen holdings, the administrative team has been nothing short of wonderful. While that is not what we are here to discuss, I just decided to chip it in as well because it gladdens my heart.
About
cPen as already stated is a crypto mining app that allows users grow their $PEN token on a daily basis. It is similar to many other mining applications we’ve been a part of. Most of these apps are only in the process of development, in the future we should be witnessing the launch of their token and information regarding distribution.
When a new crypto projects commences mining activities, the reason why it’s usually beneficial to hop in as soon as possible is, you get to benefit from whatever they have in stock for early adopters, which usually includes free and fair distribution of their tokens upon launch.
It’s a big deal for most crypto enthusiasts because crypto tokens are to be purchased with money, so an app giving out for free is usually a big deal no matter how it’s looked at. Be that as it may though, cPen is still Work-In-Progress, so miners can only accumulate the online currency at this time.
Is cPen network Legit?
The truth is, cPen is still in developmental stage, so there is no conclusive way to say it’s legit or scam. But from indications and the way they carry their community along constantly, I would say the project is most likely legit. Since it doesn’t involve spending money or using money to purchase miner or whatnot, I see no major reason why a crypto enthusiast wouldn’t give them a trial.
When I mentioned indications, perhaps you thought it was going no end there. No! I am a man of integrity and I will reveal some of the indications below;
Firstly, the fact that they have released a roadmap unveiling the various phases the project will pass through in the course of advancing to mainnet. The roadmap is readily accessible on their official website and also available on the X page.
Not all projects publish roadmaps early, some don’t even follow the roadmap in the long run; a typical example being Chambs. But there is a level of transparency I’ve seen on cPen that makes me have confidence in the project.
Also Read: When is Celia Launching? What to Expect In The Coming Months
Secondly, cPen has made it clear that there would be no presale. Presale is common amongst young projects but some dubious ones capitalize on it to scam unsuspecting individuals. As a matter of fact, it’s usually a red flag when an airdrop or mining project announces presale. There were rumors that cPen was going to do presale and they debunked it publicly not just now but in the future. You can check out screenshot of the tweet below;
The mobile app is smooth and easy to use. I have personally had no problems mining on a daily basis and it’s highly rewarding with the ads optional; you can decide not to view ads whenever you reactivate the miner and nothing will happen. Just close the app whenever an ad displays, miner will still be running smoothly without issues.
Sign Up Process
Firstly, you have to download the mobile app from playstore and sign up with your real details. While filling the sign up form, you may be asked to enter a referral code, simply paste this – gistrealz as the code and submit.
When you are done filling the form, proceed to start the miner to start earning the $PEN token. The rate is usually poor with the only way to boost mining rate being referring.
How to Get Your Referral Link/Code
To access your referral code or link, simply tap on the three lines at the top left corner and then on “Your Team” there you will see the link and code.
You can decide to share the code to anyone who downloads the app from playstore or simply give the person your referral link. For each user who joins your team and remains active, the mining rate increases.
How to Complete KYC
There is now provision to complete the Know Your Customer(KYC) on cPen but only users who have a streak of at least 5 days would be able to do so.
If you’ve been skipping days, endeavour to mine consecutively for 5 days to qualify for the KYC because without completing it, your account won’t be eligible for the airdrop allocation.
What I Dislike About cPen Network (Cons)
Like I said in the beginning, being legit doesn’t mean there are no downsides or things you may find unpleasant about the app.
What I find most unpleasant is the fact that, the period of time we have to mine is too much. According to what’s written on their roadmap, the token distribution will commence on the first quarter of 2025 and this is just token distribution, not listing. For users who are actively mining at this time without skipping any day, I feel the wait time is exhausting.
Secondly, the listing date will also take a whole year after distribution. I mean what project distributes token and then waits for a year to go mainnet? I guess cPen is the only one I’ve seen so far. It’s written on their roadmap that token distribution will happen in the first quarter of 2025 and then the project will go mainnet I.e. when users will be able to swap their $pen tokens in the first quarter of 2026.
That’s a long time to be very honest and I feel it will also affect the project. Reason being that the longer the wait time, the more people lose interest in the project. Alot of crypto mining projects and airdrops are getting launched, so I think cPen is doing themselves and the community menbers a serious disservice by fixing their mainnet date very far from distribution date.
I’m not saying my take on this is foolproof or perfect. Despite being the publisher, I still stand to be corrected. Maybe there are some benefits attached to the mainnet arrangement on cPen that I don’t know. If you know, you can share in the comment section.
Conclusion
cPen network is legit from my analysis and what I’ve seen so far. But as always there is no way to conclude from now because we still have two more years of mining before the project fully advances to mainnet and this period is quite long, so anything can happen.
What we can do is to wait and keep being hopeful that it will be a success in the end. Thanks, share and do well to join our telegram channel for more reviews and updates.
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