cPen Network DOUBLE Buyback Announced! $INK Mining Ends, HATN Mining Begins

[00:00:00]SeePen Network buyback updates. Hello everyone, welcome back to my channel.

[00:00:07]If you are mining SeePen Network, this is an update for you.

[00:00:11]The SeePen team has announced a double buyback campaign and it could be one of these biggest developments for the ecosystem so far.

[00:00:22]So, the SeePen team has officially launched a four-week double buyback campaign to celebrate the end of Dollar Inc. mining and the beginning of Heart Chain mining. So, this special campaign runs from July 13th to August 9th, 2026.

[00:00:42]During this period, the team says they will double the amount of tokens they buy back from the open market. So, what does this actually mean?

[00:00:53]A buyback happens when a project uses its own revenue to purchase tokens from the market. So, instead of creating more tokens, it buys existing ones back. So, this can reduce selling pressure and it's often seen as a way to support the token ecosystem. Now, the SeePen team also explained their long-term vision, which they called a closed-loop mobile mining economy. Here is how it works.

[00:01:24]First, users mine tokens through the SeePen app. Then the second, the app generates revenue from its growing ecosystem. And the third point is that eligible users receive token distribution. And finally, part of the revenue is being used to buy tokens back from the open market. Now, the goal is to create a system where users' activity, app growth, token rewards, and buybacks all support each other in one continuous cycle. Now, the team also made it clear that they know building this type of economy won't happen overnight. They expect challenges along the way, but they are committed to improving the system step by step. So, another important announcement is that STEPN plans to expand beyond Web3. Now, the team wants to grow into both Web3 and Web2 businesses, creating more sources of revenue. So, if successful, this could provide more funds for future token buybacks and help strengthen the project's economy over time. So, if you want to monitor the buyback activity yourself, you can check the on-chain section inside the STEPN app, where the team say all buyback transactions will be visible. Overall, this update shows that the STEPN team is focusing on building a long-term economy model rather than only encouraging mining.

[00:02:45]Whether this strategy succeed will depend on continuous ecosystem growth, user participation, and the project's ability to generate suitable revenue.

[00:02:55]So, what do you think? Do you think that the double buyback campaign will have a positive impact on STEPN ecosystem?

[00:03:02]Share your thoughts in the comment section. And are you ready to continue mining this new hard tin airdrop? You all know that they have made it clear that the mining of ink will stop on July 30th. And after that, another mining airdrop will resume, which they called hard tin. Are you still interested in mining at For Me? As for me, users' participation on this new mining will depend on how good they distribute their ink airdrop. If they actually reward the community massively, what is there not to mine? But, if they fail to do good at this second listing and distribution, I don't think anybody will continue. But, nevertheless, we still need to hold on and watch how things unfold. So, this is where you can get the updates they talked about the buyback and the mining of hard thing. You can see this. They made this update 6 days ago. You can read more about it yourself. And know is that the mining of Inc is going to end this July 30th. So, make sure you accumulate more Inc point before the listing day. And in all, make sure that you have already verified your account and linked to your wallet. If your account is not verified, you are not going to receive your Inc distribution.

[00:04:26]If you have not connected your wallet, your BSC wallet, that is Binance Smart Chain, you will not receive your Inc distribution. So, go right now and cross-check to know if you still have access to your Web3 wallet address that you connected. If you come over here, you are going to see that you must pass your KYC and your wallet must be connected. If you did not connect your wallet, go and connect that. Just your your Binance Smart Chain address and you are good to go. Make sure you use Web3 wallet, not exchange Web3 wallet. So, that is it. Unlock up your wallet. So, here once you tap on the on-chain, this is where you are going to see their buyback. This is July 20th, the day I'm recording this video. They they bought $56 worth of CPEN. And that's $56 worth of CPEN gave them around 16 million CPEN token. You can see their wallet address which they buy. So, if you want to track their buyback, you can actually follow these steps to track it. And also, they bought with $56 worth of CPEN and they it gave them 80 88 million points. They have been buying back their token.

[00:05:43]If you look at it, you can track your their buyback. So, as for me, this the success of heart thing project will depend on the ink distribution. If they perform well, what is there? We'll continue. But if they fail to perform well, we'll just leave the project for them.

[00:06:04]So, what do you think? Are you going to participate in this mining?

[00:06:07]Tell me your thoughts in the comment section. So, if you have not start If you have not connected your wallet, go and do that before before July 30th. So, thank you guys. See you guys in my next video.