INK Network News: Final KYC Deadline and INK Distribution Plan
Bablu Singh Nirwan
INK Network News: Final KYC Deadline and Distribution Confirmed
The latest INK Network news answers the two questions the community has been asking most: when the token gets distributed, and where it will list.
The core team laid out a full roadmap covering the final KYC deadline, the verification process, and the token's launch venue.
Source: INKCoreTeam on X
What Triggered This Update
This INK Network news post arrived as a direct community update from the core team, addressing distribution timing and listing plans in one detailed message.
The team framed it as a milestone moment for the broader cPen journey, noting that holders had stayed through a difficult stretch and that the next phase would move forward carefully and transparently.
The Final KYC and Liveness Deadline
The most urgent detail in this INK Network news update: KYC and liveness verification close for good on August 21 at 23:59:59 UTC.
This extension is explicitly the last one. Only wallets that finish both checks before that cutoff stay eligible for their mined tokens. Completing verification after the window reopens later, it will not restore lost eligibility, so this deadline carries real weight for anyone who hasn't finished the process yet.
How Verification and Distribution Will Work
Once the KYC window closes, the team moves into a roughly two-week verification stretch covering:
Token eligibility checks across all mined balances
Anti-abuse screening to catch manipulated or fraudulent accounts
Final preparation of confirmed wallets ahead of payout
Distribution itself targets mid-September, and it won't arrive as one single event.
The rollout is phased, with each stage announced separately before it begins. Separately, users who opted into the voluntary INK Lock election, which has already closed, will receive their share according to whichever lock period and bonus terms they picked earlier.
Where the Token Will List
The token launches on PancakeSwap, on BNB Chain, the same venue where CPEN already trades.
No centralized exchange listing is planned for this initial launch. The team pointed to a few reasons behind that DEX-first approach: trades happen straight from self-custody wallets, every transaction stays verifiable on-chain, listing costs stay lower, and more resources can stay focused on building the ecosystem instead of exchange fees.
A major centralized listing hasn't been ruled out permanently, though; the team said it would still consider one down the line if the terms genuinely fit the project.
Wallet Setup and Scam Warnings
Eligible tokens land in whatever BSC wallet is saved on file in each user's cPen account, whether that's MetaMask, Trust Wallet, or another self-custody option.
A centralized exchange deposit address will not work here, and sending funds to the wrong address risks losing them permanently.
Anyone with the option should turn on Wallet Lock for extra protection against unauthorized changes.
The safety warnings were blunt. No official INK contract address exists yet, so any contract circulating right now should be treated as fake.
Nobody legitimate will ever ask for a seed phrase or private key, and nobody can be paid to restore lost eligibility or speed up verification, because that offer simply doesn't exist.
Why the Team Picked a DEX Over a CEX
A companion post from the cPen Core Team added more reasoning behind the listing choice.
CPEN's earlier centralized exchange listing cost significant money and months of work, resources the team now believes were better spent on the product itself.
The team also pointed to the recent BitMart wind-down as a reminder that centralized listings tie holders to that exchange's custody and withdrawal systems, a risk a DEX launch avoids.
One important clarification from this post: KYC will reopen later for unrelated features like HATN, but completing it then will not restore eligibility for mined INK from this specific verification window.
Source: cPenCoreTeam on X
Conclusion
This INK Network news update gives holders a genuinely concrete plan after weeks of uncertainty: one final KYC deadline on August 21, roughly two weeks of verification after that, and a phased launch on PancakeSwap targeted for mid-September.
The clearest takeaway is urgency. Anyone who still needs to finish KYC or Liveness has a hard cutoff bearing down and no second chance once it passes.
Disclaimer
This article is for educational and informational purposes only and should not be considered financial or investment advice. Always conduct your own research before making investment decisions.
