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Pi Network: An Expert Analysis of its Current Status, Open Mainnet Migration, and True Value

Introduction: The “Hype” Versus “Reality” Surrounding Pi Network

The “Pi Network” has garnered significant attention for allowing users to obtain cryptocurrency with just a smartphone, forming a massive global community. As 2025 unfolds, its trajectory is entering a new phase.

On social media, seemingly miraculous success stories are circulating, such as an Indian farmer buying a smartwatch for his son with saved Pi, or someone acquiring a laptop using Pi. These tales have steadily amplified expectations for the project. Are these truly indicators that Pi Network has finally triggered a “digital revolution” with real-world value?

This article aims to explore what lies behind such fervent expectations, analyzing objective facts based on reliable sources without being swayed by mere rumors or speculation. Our goal is to provide a clear compass for accurately understanding Pi Network’s “now” and envisioning its future.

What Exactly is Pi Network?

To understand Pi Network’s current status, it’s crucial to first grasp its fundamental mechanism and purpose. Here, we will clearly explain its core concepts.

Concept: A Project Aiming for “Cryptocurrency Accessible to Everyone”

Pi Network was launched in 2019 by a team holding PhDs from Stanford University. Its primary vision is to create a decentralized digital currency that anyone in the world can easily participate in with just a smartphone, without requiring specialized knowledge or expensive equipment, unlike Bitcoin.

Mobile Mining Mechanism and Two Network Phases

When you hear “mobile mining,” you might imagine complex calculations that drain your battery. However, Pi Network’s mechanism is different. Unlike Bitcoin’s “Proof of Work” (proof by computation), it employs a unique algorithm based on trust relationships among users (rooted in the Stellar Consensus Protocol). This allows users to contribute to maintaining network security with simple actions, such as tapping a button on the app once a day, and receive Pi as a reward.

The project has progressed through two major phases:

  • Enclosed Mainnet: A “walled garden” network where Pi transactions are restricted to Pi Network’s applications and services. There is no connection to the external world.
  • Open Mainnet: The phase where the “walls” are removed, allowing Pi to connect with external blockchains and exchanges. This enables Pi to be exchanged for other cryptocurrencies or fiat currencies.

Fact Check: The Truth Behind the “Historic Update” in 2025

As 2025 began, Pi Network reached a significant milestone. Let’s examine the claims of a “historic update” circulating within the community, comparing them against objective facts based on official announcements and reliable sources.

Claim ①: Has the Open Mainnet Finally Launched? → Fact: Migration Has Begun, but Challenges Remain

Multiple sources report that Pi Network began its migration to the Open Mainnet around February 20, 2025. This marks the project’s most significant development, signifying that the technical gateway for Pi to break free from its enclosed ecosystem and connect with the external economy has opened. Consequently, Pi trading has commenced on some exchanges.

Claim ②: Is KYC 100% Complete? → Fact: Target Surpassed, but Not All Users Are Verified

KYC (Know Your Customer) is a crucial process for eliminating fraudulent accounts and maintaining network integrity. According to official information, over 18 million users have completed KYC, surpassing the initial target of 15 million. However, this does not mean all users have completed it; many are still awaiting the completion of their KYC process. Issues such as authentication delays and difficulties in completing the procedure remain significant challenges for the community.

Claim ③: Can Real-World Goods Be Purchased with Pi? → Fact: Primarily Limited to P2P Transactions

The claim that “you can buy things with Pi” is not entirely false. However, it’s essential to understand the true situation. Currently, there isn’t an official, large-scale marketplace like Amazon.

Transactions are primarily conducted in the following ways:

  • User-Initiated Marketplaces: Users buy and sell goods or services with Pi on applications developed within the Pi Network ecosystem, such as “PiChain Mall” and “Barter Mall.”
  • P2P (Peer-to-Peer) Transactions: Direct transactions between individuals or at a limited number of local stores that are experimentally implementing Pi payments.

Therefore, it’s an objective assessment to recognize that the project has not yet reached the stage where “anything can be freely purchased,” and transactions remain limited.

Item Official Status (As of June 2025) Community Expectations/Rumors
Open Mainnet Reported migration began around February 2025. Trading possible on some exchanges. Strong expectations of a “historic update” and “start of a revolution.”
KYC (Identity Verification) Over 18 million completed, meeting the target, but not all users are verified; many challenges remain. Increasing reports of completion, but also complaints from unverified users.
Physical Stores/Product Payments No official large-scale marketplace. Primarily user-to-user (P2P) transactions or usage in unofficial malls. Success stories like “buying a car with Pi” or “purchasing daily necessities” seen on social media.

Where Does Pi Network’s “Value” Originate?

What many people most want to know is, “Does Pi truly hold value?” We will delve into the mechanisms by which cryptocurrency value is formed and the ecosystem Pi Network aims to build.

The value of a cryptocurrency is not solely determined by price fluctuations. Its intrinsic value emerges from how “practical” its technology is and how widely it is “utilized” by people and services.

The source of Pi Network’s value can primarily be summarized by the following three elements:

  1. Realization of Open Mainnet Migration: This enabled Pi to connect with external economies for the first time, making it exchangeable with other cryptocurrencies or fiat currencies. This was an absolute prerequisite for Pi to transition from a “closed point system” to an “asset.”
  2. Utility and Ecosystem Development: The key to increasing value will be how many online stores accepting Pi payments and useful applications (DApps) built on Pi emerge in the future. Value is only created when there are attractive use cases that make people think, “I want to do this with Pi.”
  3. Massive Community and Network Effect: The existing active user base of tens of millions is Pi Network’s greatest strength. This immense user base can act as a powerful driving force, attracting new service developers and expanding the ecosystem.

Conclusion: Pi Network’s Future Outlook and Our Recommended Stance

Based on the analysis above, we will conclude on Pi Network’s current status and future.

Undeniably, Pi Network has taken a significant step by migrating to the Open Mainnet in 2025, entering a new stage of its grand social experiment. However, it has not yet reached the stage of a “completed digital revolution where anyone can buy anything,” as often circulated in background information. The project is still under development and faces numerous challenges.

Its future prospects depend on the following points:

  • Improved liquidity and trustworthiness through expanded listings on major cryptocurrency exchanges.
  • Expansion of practical applications and partner services that users genuinely want to use.
  • Smooth resolution of the remaining users’ KYC issues and the ability to encourage overall community participation.

The wisest stance for those interested in this project is to calmly follow official information without being misled by hype or rumors. We strongly recommend checking the latest updates on the official Pi Network app or blog. Engaging with primary sources and monitoring the project’s progress with your own judgment will be the most crucial approach to discerning its future value.

[In-depth Explanation] What is Pi Network’s “.pi Domain”? A Clear Explanation of its Potential as a New Asset in the Web3 Era

“Pi Network,” which has garnered global attention for allowing smartphone mining, has announced a new feature called “.pi domain.” This feature holds the potential to significantly impact the future of the ecosystem and has caused great excitement within the community.

When you hear “domain,” you might think of website addresses like “example.com,” but the .pi domain signifies much more. It could become your new “digital identity” in Web3 (Web3), which will form the foundation of the coming digital society.

In this article, we will explain the following topics in a way that allows even those without specialized prior knowledge to understand deeply and accurately:

  • Why are “Web3 domains” currently attracting global attention?
  • What is the true value of the “.pi domain” announced by Pi Network?
  • How will owning it change our digital lives?

Why Are Web3 Domains Gaining Attention Now?

To understand the innovation of the Pi domain, let’s first look at the larger trend of “Web3 domains” that underpins it. By understanding why this is important for the modern internet, the true value of the Pi domain becomes clear.

The domains we commonly use, such as “example.com” or “example.jp,” are managed by a system called DNS (Domain Name System). While highly convenient, this is a “centralized” system managed by specific companies or organizations.

In contrast, Web3 domains are characterized by their ability to allow individuals to directly manage domain ownership using blockchain technology (a decentralized, tamper-proof digital ledger monitored by everyone). A prime example of this is “ENS (Ethereum Name Service)” on the Ethereum blockchain.

With the advent of ENS, users can now use human-readable names like “yourname.eth” instead of long, complex wallet addresses starting with “0x…”. This not only added convenience but also created a new digital asset market where domains themselves become personal assets (NFTs) that anyone can freely buy and sell.

The Core of Pi Network’s “Pi Domains”

Now, let’s delve into the main topic: Pi Network’s “Pi Domains.” How does this work, and what changes will it bring to us, the Pi users?

Officially announced on “Pi Day,” March 14, 2025, the purpose of this new feature is very simple yet powerful: just as ENS achieved on Ethereum, it aims to replace Pi Network’s long and complex wallet addresses with human-memorable and user-friendly names like “yourname.pi.”

This is expected to dramatically smooth and secure various activities within the Pi Network ecosystem (economic sphere), such as sending and receiving Pi coins, and using the many services that will emerge in the future.

How the .pi Domain Works and the Benefits We Gain

How exactly do .pi domains function, and what advantages do we gain by owning them? Here, we will explain their mechanism and specific benefits across three key points.

Mechanism: “Your Property” Guaranteed by Blockchain

The .pi domain functions as a type of NFT (Non-Fungible Token) managed on the Pi blockchain. This ensures that once acquired, ownership of the domain is strongly protected by the blockchain, making it “your asset” that cannot be taken away by anyone. The acquisition method employs an auction (bidding) system using Pi coins, where the highest bidder secures the domain.

Benefit 1: Convenience – Error-Free, Easy Transactions

The biggest advantage is the overwhelming improvement in convenience. Previously, one of the most careful tasks in cryptocurrency transfers was accurately copying and pasting long, complex wallet addresses. However, with a .pi domain, you can simply type “friend.pi” when sending Pi to a friend, dramatically reducing the risk of erroneous transfers.

Benefit 2: Identity – Your “Signboard” in the Pi World

The .pi domain will serve as a unified “digital identity” to identify you in various dApps (decentralized applications) and online stores that will be developed within the Pi ecosystem. This can act as your “signboard” or “business card” in the Pi world, similar to a brand name for a business or a personal nickname.

Benefit 3: Asset Value – An Investment in the Future

Just as domains like “amazon.eth” and short, memorable words were traded at high prices on ENS, highly sought-after or easily remembered short .pi domains hold the potential to become valuable assets in the future. Acquiring a desirable domain early can be seen as an investment betting on the growth of the Pi Network.

Community Reaction and Future Outlook

The advent of new technology always brings vitality and discussion to the community. As seen by the buzz in the Indonesian community regarding a prominent account named “Wira PI” reportedly acquiring a domain after the .pi domain announcement (according to source information), users worldwide are showing very high interest in .pi domains.

Such community reactions are evidence that many users perceive “value” and “potential” in the .pi domain that goes beyond mere convenience. In fact, according to official announcements, hundreds of thousands of bids have already been placed, indicating the community’s enthusiasm.

Moving forward, as the Pi ecosystem transitions to the open mainnet and expands further, it is expected that this domain will be used in an even wider variety of applications than we can imagine, including payments, dApp logins, and website publishing.

Summary: Will Pi Domain Be an Accessible Gateway to Web3?

Let’s review the key points of this article:

  • The .pi domain is a significant step towards resolving Web3 complexity and making blockchain technology more accessible.
  • It is not just an alias for an address; it is your “digital identity” within the Pi ecosystem itself.
  • Owning it offers three major benefits: “increased convenience,” “establishment of identity,” and “potential for asset value.”

Of course, the ultimate success of the Pi Network project is not yet guaranteed. However, the .pi domain initiative, spearheaded by this massive project with tens of millions of users worldwide, holds significant potential to become the most accessible gateway for many people to genuinely experience the Web3 world for the first time.

For those interested in the trends of this new digital asset, it is recommended to regularly check the latest information from Pi Network’s official app and website, while being cautious of fraudulent information.

Is Pi Network’s ‘$314,159 per Pi’ (GCV) Claim Real? A Deep Dive into Market Reality and Future Prospects

Pi Network has built a massive global community due to the ease with which users can ‘mine’ via their smartphones. Within this community, a grand vision is now being passionately debated: the astonishing value target of ‘$314,159 per Pi’, commonly known as ‘GCV’.

Is this number truly a feasible future, or is it merely a fantasy born of hope? This article delves into the core of the GCV debate surrounding Pi Network, objectively unraveling its value and future from the perspective of data and market realities.

What exactly are Pi Network and GCV (Global Consensus Value)?

In this section, we will explain the basic concepts of Pi Network and GCV, which are the prerequisites for this discussion. Let’s understand the background that gives rise to such debates.

The Basic Concept of ‘Pi Network’ – Mining with a Smartphone

Pi Network is a cryptocurrency project initiated by a team holding PhDs from Stanford University. Its biggest feature is that anyone can easily participate in ‘mining’ through a smartphone app, without requiring expensive specialized equipment or significant electricity. This accessibility has been the driving force behind building a user base of tens of millions worldwide.

However, it is crucial to note that Pi Network is currently in a ‘closed mainnet’ phase. This means that free trading on external, general cryptocurrency exchanges is not permitted; usage is only allowed within Pi’s enclosed blockchain ecosystem.

‘1 Pi = $314,159’ – The Origin of GCV and Community Enthusiasm

GCV (Global Consensus Value), as its name suggests, refers to a ‘global consensus value’ and is an unofficial target price advocated by a part of the Pi Network community. Specifically, a value of $314,159 per Pi Coin has been set.

This seemingly outlandish number comes from the mathematical constant ‘Pi (π ≈ 3.14159…)’, which is also the origin of the project’s name. In other words, GCV is not based on economic analysis but rather is a ‘catchphrase’ born from the community’s passion for the project’s success and serving as its symbol.

Why are Experts Skeptical of GCV? – 3 Perspectives from Market Reality

While community enthusiasm is commendable, many economic and market experts view the feasibility of GCV with skepticism. In this section, we will analyze the specific reasons from three perspectives.

Perspective 1: The Market Cap Hurdle – An ‘Impossible’ Figure Exceeding Global GDP

One indicator used to measure the value of a cryptocurrency is ‘market capitalization’, calculated as ‘currency price × circulating supply’. Pi Network’s maximum supply is stated as 100 billion Pi. Let’s assume GCV were to be realized and calculate the market capitalization:

$314,159 (GCV Price) × 100,000,000,000 (Max Supply) = Approx. $31.4 Trillion

To grasp just how enormous $31.4 trillion (over 30 quadrillion dollars) is, a comparison with other economic indicators makes it clear:

  • Total Global Annual GDP (2025 forecast): Approx. $113 Trillion
  • Total Cryptocurrency Market Cap (as of May 2025): Approx. $2.7 Trillion to $3.1 Trillion

This means that Pi Network alone would account for roughly 1/4 of the wealth generated globally and would be more than 10 times the size of the entire current cryptocurrency market. This is an extremely unlikely scenario from an economic reality standpoint.

Perspective 2: ‘IOU Trading’ Shows a Sober Market Valuation

Some might say, “But I’ve seen Pi being traded on some exchanges.” However, these are not actual Pi Coins but rather what are called ‘IOUs (I Owe You)’.

An IOU is like a promissory note: “We will deliver real Pi Coins when the open mainnet is launched in the future.” The current IOU prices on several exchanges are trading at less than $1, a stark contrast to the $314,159 dreamed of by the community. This can be considered a more sober valuation placed on Pi by current market participants.

Perspective 3: Discrepancy with Pi Core Team’s Official Stance

Most importantly, GCV is merely a goal put forth by a segment of the community, and it has not been set by the Pi Network’s developers, the Core Team. The Core Team has consistently stated that “the value of Pi will be determined by market supply and demand once it transitions to the open mainnet.” There is a clear divergence between the project’s official policy and the enthusiasm of a portion of its community.

Where Does Value Originate? – Thinking Through a Comparison with Bitcoin

This section explores how value in digital assets is created by comparing Pi Network with Bitcoin, which is already recognized in the market.

Bitcoin: Over a Decade of History and Proven Track Record

As the world’s first cryptocurrency, Bitcoin has overcome many technical and social challenges over more than a decade of history. Its transparent decentralized mechanism and the reliability that it cannot be tampered with have gradually built its foundation of value.

Trust and Utility Create Value

Ultimately, for any asset, its value stems from ‘trust’ and ‘utility’. Stable value is only formed when many people believe in its worth and it has concrete uses, such as for payment of goods and services. For Pi Network to have value in the future, the key will be not just the size of its community, but whether it can build reliable technology and an appealing ecosystem of services that people want to use.

Conclusion: The True Value of Pi Network Lies in the ‘Experiment’ Itself

Summarizing the analysis so far, it must be said that the possibility of ‘1 Pi = $314,159’ (GCV) being realized in the near future is, objectively speaking, extremely low.

However, concluding that Pi Network is worthless would be premature. The existence of this massive community, with tens of millions of participants, is an unprecedented social experiment, and its energy is immeasurable. GCV can be seen as a ‘dream’ symbolizing that energy.

The true value of Pi Network lies not in the magnitude of a number, but in what kind of practical ecosystem it can build and what convenience it can bring to the lives of people worldwide. The outcome of that challenge is the true source of value we should be observing.

For Further Learning

If you’ve deepened your understanding of Pi Network’s current status and challenges after reading this article, we recommend accessing primary sources. By reading the whitepaper published on their official website and following official announcements, you can gain a deeper and more accurate understanding of the project’s developments. It is always important to verify multiple sources and form your own judgment.

Pi Network’s True Current State: Exploring Future Potential and Challenges Through Believers’ Voices and Objective Data

With its groundbreaking concept of easy smartphone mining, the cryptocurrency “Pi Network” has amassed tens of millions of users worldwide. However, doubts and criticisms persist, such as “When will it gain value?” or “Is the project truly progressing?” This article delves into the real current state of this project, which is swirling with enthusiastic support and harsh criticism, using the voice of a believer as a starting point, thoroughly dissecting it from objective data and multiple perspectives. No specialized prior knowledge is required. By the time you finish reading, you will have a solid compass to judge the true nature of Pi Network for yourself.

Confessions of a ‘Believer’: Significant Losses, Yet Still Believing

To understand the curious appeal and fervor of the Pi Network, let’s look at the words of a passionate South Korean supporter. He describes himself as ‘crazy about Pi Coin (또라이)’ yet analyzes the project with surprising calm.

He confesses to having lost a large sum, approximately 40 million Korean Won (equivalent to about 4.5 million JPY at current rates), in past Pi Network-related transactions. However, it’s crucial to note that this loss was not from selling Pi he mined on his smartphone. This was a failure in a high-risk market trading the “future value” of Pi, which officially has no value yet. Under normal circumstances, one might resent the project, but he continues to share information about Pi Network daily. Why? Perhaps because he sees the potential for a “grand social experiment” in this project, something beyond a mere speculative asset. This episode symbolizes the complex psychology that draws many people to Pi.

Pi Network’s ‘Now’ as Seen Through Objective Data

Let’s set aside emotional arguments for a moment and calmly analyze Pi Network’s current position based on publicly available data and facts.

The True Nature of ‘Price’ in the Market: What is IOU?

You might have seen Pi seemingly listed with a price on some crypto information sites or exchanges. However, as of June 2025, Pi Network is not listed on any major exchanges, and there is no official price.

So, what is the displayed price? It is primarily what is called an “IOU (I Owe You).” This is:

  • a promise being traded: “If Pi truly gets listed in the future, we will hand over the actual Pi coins at that time.”
  • In other words, it is a type of rights trading betting on the project’s future, and its price fluctuates significantly based on market expectations and speculation.
  • You must understand that if the project fails, its value will become zero, making it a very high-risk asset.

Current IOU prices are traded at around 85 to 90 JPY per Pi on some exchanges, but it is crucial to strongly recognize that this is by no means the confirmed value of Pi.

The Major Hurdles of KYC and Migration Progress

For Pi Network to become a ‘real cryptocurrency,’ it must go through the unavoidable processes of ‘KYC’ and ‘Migration.’

  • KYC (Know Your Customer): This is the ‘identity verification’ procedure. It is essential to prevent one person from fraudulently mining coins with multiple accounts and to maintain the network’s integrity.
  • Migration: This is the process of moving Pi mined on the test network to the official network (mainnet), where it has the potential to hold actual asset value.

According to official information and reports, over 18 million people have completed KYC, but some sources suggest that less than half of those users have completed migration. As the process targets tens of millions of users, it is taking a long time, and many users are currently eagerly awaiting their turn.

Why the Criticism? Three Major Hurdles Pi Faces

While there is significant anticipation, Pi Network also faces harsh criticism. Here, we will organize the main challenges the project must overcome from three perspectives.

1. Stalled Development and Opaque Roadmap

One of the users’ biggest frustrations is the delay in development. The launch of the “open mainnet,” which would allow free transactions for anyone, has been repeatedly postponed from its initial schedule. Furthermore, the official roadmap (development plan) often lacks specific completion dates, increasing dissatisfaction and anxiety about “when it will finally materialize.”

2. A ‘Pie in the Sky’? Lack of Practical Utility

For a cryptocurrency to hold value, practical utility – “what it can be used for” – is essential. However, Pi Network faces a significant challenge in this regard. The promised DApps (decentralized applications) ecosystem development is not progressing as expected, and places where Pi can be used to purchase goods or services are currently limited to a very small part of the community. There are harsh criticisms that as long as this “useless” state continues, it will be difficult for Pi to attain true value.

3. Dissatisfaction with Lack of Communication from the Core Team

The lack of communication between the ‘core team’ leading the project and the user community is also a concern. Many users feel that when KYC delays or technical issues arise, there is often little clear explanation or swift response from the core team. Such an attitude contributes to increased distrust in the project.

Why Hope Persists: Pi’s Uniqueness Compared to Bitcoin

Despite facing so many challenges, why do tens of millions of people not give up hope? The answer lies in Pi Network’s unique philosophy and fundamental differences from Bitcoin.

  1. Differences in Philosophy and Design
    Bitcoin was created by an anonymous individual named Satoshi Nakamoto, idealizing “decentralization” with no specific administrator. In contrast, Pi is operated by a team led by Dr. Nicolas Kokkalis, who holds a Ph.D. from Stanford University, and the project’s early stages are proceeding under strong centralized management.
  2. Differences in Barriers to Entry
    Bitcoin mining now requires high-performance specialized computers and vast amounts of electricity. In contrast, Pi aimed for thorough democratization of access, allowing “anyone, anywhere, with just a smartphone” to participate. This ease of access is the biggest factor that enabled the formation of a massive user community that no other project has achieved.

Pi Network can be described as a grand experiment aiming to become “the world’s most widely adopted cryptocurrency” through an entirely different approach than the world Bitcoin has created.

Outlook on the Upcoming Important Event: ‘Pi2Day’

Every year on June 28th, a significant date for the community named ‘Pi2Day’ (derived from being twice the value of Pi ≈ 3.14), some announcements related to the project are expected.

The community speculates that the introduction of ‘KYB,’ a corporate identity verification system, or new initiatives to expand the ecosystem might be announced. However, these are currently mere speculations. In recent years, despite the anticipation for events, objective data shows a declining trend in actual interest, so excessive expectations should be avoided. Whatever announcements are made, their content will undoubtedly be a crucial indicator for the project’s future.

Conclusion: How Should We View the Future of Pi Network?

Synthesizing the information presented so far, Pi Network can be summarized as follows:

  • A Grand Social Experiment: It is an unprecedented, high-risk, high-return long-term project advocating the ideal of “currency for everyone.”
  • Piles of Challenges: The hurdles to overcome are high, including KYC and migration delays, an opaque roadmap, and lack of practical utility, so it cannot be viewed optimistically.
    Its Greatest Asset is ‘People’: However, on the other hand, its vast and enthusiastic global community is a unique asset that no other project possesses.

The purpose of this article is not to definitively state whether “Pi will succeed” or “fail.” Rather, it is to present the fact that the key to success lies in “whether it can resolve its numerous challenges and transform its massive community into a practical economic zone,” and to highlight both possibilities.

Use this article as one piece of information, and I encourage you to follow official information with your own eyes. Without being swayed by excessive expectations on social media or unsubstantiated criticisms, calmly assess the project. That intellectual curiosity will undoubtedly be your most reliable strength in discerning the true nature of new technologies to come.

[In-Depth Analysis] The Truth About OpenLoop’s “Launch Soon” Claim? 5 Dangerous Signs to Know Before Expecting an Airdrop

Airdrops, often touted as a way to “get free crypto assets,” are an attractive opportunity for many. Among them, OpenLoop, a system where users can easily earn points through a PC browser extension, has announced “Launch Soon,” raising expectations among participants. However, it might be too soon to uncritically embrace this announcement. This seemingly appealing project harbors several “dangerous signs” that warrant careful analysis.

This article aims to provide an unbiased, multi-faceted analysis of the risks inherent in OpenLoop, based on publicly available information and objective facts. We hope this article serves as a compass for you to discern risks on your own and protect your valuable assets.

Dangerous Sign 1: Unnaturally High-Priced and Unsold “Nodes”

One hint to gauge a project’s soundness lies in its revenue model and participation methods. OpenLoop sells what it calls “nodes,” which are akin to contribution rights to the project, and this presents the first point of concern. Node holders are purportedly offered more points and preferential treatment in future airdrops.

Specifically, the following points can be noted:

  • High Price Point: Node prices vary by Tier. For example, a “Tier 2” node is sold for 0.85 SOL. This is by no means a small amount for many airdrop participants.
  • Prolonged Sales Period: According to source information, these node sales have been ongoing for several months and are reportedly not yet sold out. Truly promising projects often see such contribution rights sell out quickly.
  • Campaigns Inciting Purchases: Campaigns such as “Node purchasers will share a reward pool totaling $500,000” are being promoted. However, this needs to be considered calmly. If thousands or tens of thousands of purchasers emerge, the per-person return could be very small. This can be seen more as a marketing tactic to incite purchases than pure rewards.

A structure that sells high-priced products to users drawn in by the promise of an airdrop is a point that should be carefully evaluated when judging the project’s soundness.

Dangerous Sign 2: Mysterious Funder: “IPA Foundation”

When assessing a project’s trustworthiness, the identity of its investors (funding) is an extremely crucial indicator. OpenLoop publicly states on its official website that it has successfully raised $15 million (over approximately 2.3 billion JPY) from the “IPA Foundation.” However, a deeper dive into this funder’s background reveals several significant questions.

According to data from CryptoRank and other sources, this large-scale fundraising was conducted by a single entity, the “IPA Foundation.” Furthermore, the past investment track record of this foundation includes the name “Havera,” a project widely known as a scam in the crypto industry.

Similar Case: Eerie Similarities with “Havera”

Past cases are important keys to predicting the future. Havera, which also involved the IPA Foundation, heavily advertised funding from the foundation, but the project ultimately failed, and many participants reportedly incurred losses. What’s even more concerning is the similarity in their tactics:

A foundation, purportedly an investor, intensively and excessively promotes only specific investment projects (Havera and OpenLoop) on social media. This raises suspicion that it might be self-serving authority created by project insiders, rather than an independent third-party investor.

Thus, the questionable credibility of the funder and the strong resemblance to past failed cases are significant risk factors for OpenLoop.

Dangerous Sign 3: Low Evaluation from Third-Party Organizations

A project’s evaluation should not only rely on its own announcements but also on objective third-party perspectives. CryptoRank, a site that aggregates and evaluates information on crypto projects, categorizes projects based on their trustworthiness and track record. OpenLoop has received a “Tier 4” rating there. This is a very low evaluation among projects listed on CryptoRank, suggesting that external expert organizations have given a harsh evaluation regarding the project’s trustworthiness, transparency, and technical feasibility.

Dangerous Sign 4: Predicted “Exit Scam” Scenario

Based on the analysis so far, a typical scenario for OpenLoop’s potential future actions emerges. This is a tactic known as an “Exit Scam,” used by many fraudulent projects.

  1. Cultivating Expectation: First, they maximize user expectations with announcements like “Launch Soon” or “TGE (Token Generation Event) imminent.” (This is precisely the current situation.)
  2. Creating Hype: Next, they announce concrete token issuance plans, generating excitement within the community.
  3. The Final Harvest: Then, they announce decisive conditions, such as “Only node holders will be eligible for airdrops” or “Node holders will receive 10 to 20 times more airdrops than regular users.”
  4. Disappearance: Users who don’t want to miss out on the airdrop rush to purchase expensive nodes in a panic. The operators then abandon the project, cease communication, and flee with the accumulated funds at the peak of this collection.

Of course, this is merely one predicted scenario. However, the dangerous signs listed so far are sufficient to make this scenario appear realistic.

Conclusion: How Should We Approach OpenLoop?

Summing up the analysis so far, we are compelled to conclude that participation in the OpenLoop project, especially any financial investment, carries extremely high risks.

In conclusion, the purchase of expensive “nodes” is strongly not recommended, as there is a very high probability of losing all investment funds.

For free point farming, which involves no monetary loss, it’s fine to proceed at your own risk. However, you should keep in mind that the time and effort spent, and above all, excessive expectations, are likely to go unrewarded. Most importantly, the basic self-defense measure is not to be swayed by sweet words and to avoid easily investing your own funds.

Summary: To Protect Your Future Self from Being Scammed. 4-Point Checklist to Spot Suspicious Projects

This OpenLoop case offers us an important lesson. When you encounter a new crypto project in the future, use the following checklist to assess its legitimacy. Adopting this perspective will be your most powerful shield in protecting your valuable assets from future scams.

  • Does it demand high participation fees?
    While claiming “free airdrops,” is the system designed such that it’s almost meaningless without purchasing expensive NFTs or nodes?
  • Are the investors credible?
    Can you verify the funder’s website and past investment track record? Are there any suspicious points, such as unnaturally strong support for only a specific project?
  • Does it resemble past scam cases?
    Do the funding scheme or community promotion methods resemble tactics used by projects that previously caused problems?
  • What is the objective reputation from third parties?
    Beyond the project’s official website and social media, is there objective and critical discussion on independent evaluation sites and in multiple communities?

The world of crypto assets is full of innovative technology and great potential, but it also carries unknown risks. Not taking information at face value, always maintaining a critical perspective, and conducting your own research and analysis are the only ways to navigate this world safely.

Comprehensive Guide: Ton Station Airdrop Status | $MRSOON Token Value, How to Convert, and Future Prospects?

The Season 2 airdrop (free distribution) for “Ton Station,” a GameFi platform operating on Telegram, has been implemented. However, many participants may be confused by conflicting information, such as “multiple tokens were distributed and it’s unclear,” or “has the token name changed?” In particular, various opinions are circulating regarding the value, conversion methods, and future prospects of the distributed tokens.

This article aims to thoroughly organize and explain the current status of the Ton Station airdrop, based on objective facts and data verifiable through web searches and other sources, without leaning towards any specific opinion. By reading this article, you should gain clear decision-making material on what your next steps should be.

What Happened in Ton Station Season 2?

First, let’s accurately grasp the overview of what occurred in this airdrop. The complexity of the rewards seems to have contributed to a confusing situation for many users.

Season 2 rewards were distributed not only as Ton Station’s core token but also in combination with tokens from multiple partner projects. In fact, some participants reported receiving several different tokens, such as $SIDUS, $SENATE, and $SUPER, in addition to $MRSOON. This is the main reason for the confusion: “I received various tokens, but which one is real?”

Why the Confusion? Deciphering the Mystery of $SOON and $MRSOON Token Names

Many also ask, “Did it used to be called $SOON, and now it’s $MRSOON?” Understanding this background is key to grasping the current situation.

In conclusion, “$MRSOON” is currently treated as the official ticker symbol (abbreviation for currency unit) of Ton Station on CoinMarketCap, major exchanges, and other platforms. Historically, the name $SOON was used in past documents and some communities, and that information is still mixed in, making confusion more likely.

Therefore, when following information or checking your wallet in the future, it is accurate to consider “$MRSOON” as the standard name.

Value and Conversion Method of Distributed $MRSOON Tokens

Whether the tokens you received have value and how you can convert them into fiat currency, such as Japanese Yen, are likely your biggest concerns. While some information suggests “they have no value” or “they are not listed on any exchange,” this is not accurate.

Current Value

The price of $MRSOON is constantly fluctuating. You can check the latest price on reliable price tracking sites like CoinMarketCap and CoinGecko.

  • Check $MRSOON price on CoinMarketCap
  • Check $MRSOON price on CoinGecko

Exchanges Where Conversion (Swap) is Possible

$MRSOON is already listed on multiple overseas cryptocurrency exchanges and can be traded. It is mainly available on the following exchanges:

  • MEXC
  • Gate.io
  • CoinEx

The typical process is to send $MRSOON to one of these exchanges, sell it for USDT (a stablecoin pegged to the US dollar), and then send that USDT to a domestic exchange to convert it into Japanese Yen.

“Should I Sell Immediately?” Diverse Perspectives on $MRSOON’s Future Prospects

In the community, pessimistic opinions are common, such as “the return on investment was low” or “there’s no future, so I should sell it before its value drops.” This aligns with personal views provided as source information.

On the other hand, it is also true that there are differing views. Some cryptocurrency analysts predict that the price of $MRSOON could increase in the future. The project is still in its early stages, and depending on future partnerships and platform updates, a scenario where its value appreciates is conceivable.

In the world of investment, pessimism and optimism always coexist. The important thing is not to blindly accept one opinion but to understand both perspectives and make decisions based on your own risk tolerance.

If your priority is to secure profits, selling at the current price is a valid strategy. Conversely, if you have expectations for the project’s future, holding for the long term is also an option.

Summary: Calm Information Gathering for Your Next Steps

Finally, let’s re-organize the key points regarding the current status of the Ton Station airdrop:

  1. Core token is $MRSOON: Although information is conflicting, the current official ticker is $MRSOON.
  2. Conversion is possible: You can buy and sell it on overseas exchanges like MEXC and Gate.io. Information stating “it cannot be converted” is incorrect.
  3. Future prospects are mixed: Both pessimistic views, urging immediate sale, and optimistic views, anticipating future growth, exist.

Airdrops can sometimes involve complex and confusing information. The important thing is not to be swayed by sensational opinions, but to obtain primary information from reliable sources and make calm judgments. For future developments, we recommend checking the official Ton Station website and official social media channels.

What is the Pi Cake (.cake) Airdrop? Relationship with Pi Network, How to Participate, and Important Precautions Explained

“Pi Network,” which allows for easy mining on smartphones, reportedly has tens of millions of users worldwide. Given its massive community, rumors of various related projects constantly surface. Recently, a new airdrop project named “Pi Cake” has gained significant attention.

This project claims that users can “get free tokens just by registering a unique domain name.” But what is its true nature? This article provides an objective and thorough explanation based on fact-checking, covering the overview of Pi Cake, its official relationship with Pi Network, specific participation methods, and most importantly, the risks and precautions.

What is the Trending “Pi Cake”? How to Get Tokens with a Domain Name

First, let’s look at how Pi Cake is introduced as a project and its basic mechanism.

Pi Cake is described as an airdrop where users can participate by registering a unique domain name with a “.cake” suffix (e.g., my-wallet.cake) under their desired name and linking their Pi wallet address to it. Participants are then announced to receive the project’s unique tokens.

The main actions to earn rewards are as follows:

  • New Registration: Earn initial tokens by registering a domain name and wallet address.
  • Additional Tasks: Earn additional tokens by joining specified social media communities or following and retweeting particular posts.
  • Friend Referrals: Earn referral reward tokens by inviting other users through your referral link.

The mechanism itself is a typical form of “airdrop,” a common marketing strategy used by cryptocurrency projects to increase their visibility.

[IMPORTANT] What is the Official Relationship Between Pi Cake and Pi Network? Fact-Checking Reveals…

The most crucial point when deciding whether to participate in this project is its “relationship with the Pi Network itself.” Is Pi Cake an official project operated by the Pi Network team, or an officially approved ecosystem project?

In conclusion, as of the current date (June 2025), there is no confirmed fact that Pi Cake is an official project of Pi Network.

Investigations of Pi Network’s official website, official blog, and X (formerly Twitter) account found no mention of Pi Cake whatsoever. While Pi Network encourages developers to build apps within its ecosystem, there is no information indicating that Pi Cake has been officially certified or introduced as one of them.

Pi Network itself has previously announced an official domain service called “.pi domain,” which is entirely different from “.cake.” This fact strongly suggests that Pi Cake is either an unofficial project by volunteers or an entirely unrelated project attempting to capitalize on Pi Network’s popularity.

How to Participate in the Pi Cake Airdrop (Understand the Risks First)

If you decide to consider participation after understanding the project’s background, here’s how the steps are typically outlined. However, this article does not recommend easy participation.

  1. Access the alleged official website.
  2. Enter your desired domain name (alphanumeric) and check its availability.
  3. Paste your Pi wallet address into the designated field and register.

Here’s a critically important note: While some sources suggest “Pi addresses from exchanges (like OKX) are also possible,” this is misleading. Currently, the Pi traded on exchanges is not genuine Pi issued on the Pi Network mainnet but an alternative token called “IOU (I Owe You: an acknowledgment of debt).” These are not directly related to the Pi Network itself, and wallet specifications also differ. Inputting incorrect addresses or misinformation can lead to the risk of losing assets.

Value of Rewards and Common Risks Hidden in Airdrops

“Getting free tokens” sounds very appealing, but their value is entirely unguaranteed. Here, let’s learn about the risks you should know when dealing with cryptocurrency airdrop projects.

  • Uncertainty of Value: Unknown tokens distributed through airdrops have virtually no value until they are listed on a reliable exchange and actively traded. Optimistic claims like “1 Pi = 500 JPY” sometimes circulate, but these are mostly exaggerated advertisements without objective basis, designed to fuel expectations.
  • Phishing Scams: These involve cleverly impersonating a project’s official website or wallet app to trick users into entering IDs, passwords, or even wallet secret information, leading to theft.
  • Private Key Demands: If any airdrop or project ever asks for your wallet’s “private key” or “seed phrase (recovery phrase),” it is 100% a scam. These are the keys to your safe itself, and you should absolutely never share them with anyone.

Safety Measures: Minimum Checks if You Consider Participating

Nevertheless, if you still wish to follow the information yourself, you should take at least the following safety measures to protect your assets:

  • Prepare a dedicated airdrop wallet: NEVER use your primary wallet where your main assets are stored. Always create and use a new, empty wallet solely for receiving tokens.
  • Thoroughly verify official information: Check when the alleged official website’s domain was registered, the number of followers on its official X account, and if past posts seem natural.
  • Avoid Easy Clicks and Connections: Refrain from clicking on links from unknown sources or easily connecting (linking) your wallet.

Conclusion: “Wait and See” is Wise for Pi Cake. Await Official Information.

Based on all the information presented, the most sensible stance regarding the Pi Cake project at this time is “not to get involved and observe quietly.”

There is no confirmation that it is an official Pi Network project, and much information remains unclear. Since airdrops always carry the risk of scams, providing personal information or wallet addresses to projects with uncertain backgrounds carries significant risk.

If it is truly a valuable project, there will eventually be an official announcement from the Pi Network itself. Without being swayed by temporary excitement or FOMO (Fear Of Missing Out), calmly scrutinize information and await announcements from trustworthy sources; this is the most crucial action to protect your valuable digital assets.


For Further Learning:

  • For the latest and accurate information about Pi Network, always check announcements within the official app or on the official website.
  • It is strongly recommended to learn about cryptocurrency security and airdrop scam tactics from reliable sources.

Deep Dive: Pi Network’s ‘.pi Domain’ Strategy – From Name Grab to True Value Creation

Pi Network, a project gaining global attention for its easy smartphone mining, is seeing a surge in auctions for a new digital asset within its ecosystem: the ‘.pi domain’. However, beneath the surface, speculative activities have intensified, prompting the Pi Network Core Team to introduce new strategies and policies aimed at fostering healthy ecosystem growth.

This article delves into these latest developments, explaining in an easy-to-understand manner what the true value of the ‘.pi domain’ is, beyond merely a scramble for names, and what Pi Network truly aims for.

Latest Updates to Pi Network’s ‘.pi Domain Auction’

So, what exactly has changed? Recent updates have significantly improved the auction’s transparency and usability. Here, we’ll outline the main changes:

  • Introduction of a Statistics Page: A dedicated page has been added to provide real-time updates on auction status, including which domains are receiving the most bids and the highest bid prices. This enhances transparency by making overall trends visible.
  • Auction Functionality as a Standalone App: The auction feature, previously part of the Pi wallet, has become an independent application. This allows for UI (User Interface) improvements and the addition of unique features, such as the email notifications mentioned later.
  • Improved UI/UX and Accessibility: The overall interface has been refined, making it more intuitive and smoother for more users to participate in bidding.

These updates are designed to create a fairer environment, enabling more users to participate.

Emerging Challenge: The Problem of ‘Domain Squatting’

However, as auction activity intensifies, a concern flagged by the Core Team has also come to light: ‘Domain Squatting’. This section will explain what this issue is and why it could hinder the healthy growth of the Pi Network ecosystem.

What is Domain Squatting?

Domain squatting refers to the act of acquiring a domain name that includes a specific company name, a famous brand name, or a common word likely to increase in value in the future, before the person or company who would legitimately use it. The primary goal is often to resell that domain name at a high price for profit later on.

To illustrate with a familiar example, it’s like someone who hears about a new city development buying up all the addresses like “Station Front 1st Street” or “Ginza Avenue,” which are likely to become famous, before people who actually want to open shops there. Those who genuinely want to build a store would then have no choice but to buy the address at an exorbitant price or open their business in a less prominent location.

The Pi Network Core Team points out that in the Pi Network auction, activities indicative of squatting are active, such as famous company names like “tesla.pi” and “amazon.pi” receiving high bids. Such practices could impede the overall development of the ecosystem.

The Core Team’s Vision for ‘.pi Domains’ – Functional Identity in the Web3 Era

So, if the purpose isn’t speculative trading, what value does the Core Team see in ‘.pi domains’? The answer lies in the concept of “functional identity in the Web3 era.”

This means more than just functioning as a website address. A ‘.pi domain’ is a type of “Web3 domain” based on blockchain technology, and it is expected to play multi-faceted roles, such as:

  • Recognizable Access Point: Instead of complex wallet addresses (e.g., GABCD...XYZ), users can send and receive Pi coins using human-readable names like “your-shop.pi.”
  • Gateway to Apps and Services: Users can directly access specific decentralized applications (dApps) or services by simply typing “game-app.pi” into their browser.
  • Digital ‘Face’ or ‘Signboard’: It serves as a central element for individuals and businesses to establish their brand or identity within the Pi Network ecosystem.

The Core Team’s vision is for .pi domains to be utilized not merely as speculative assets, but as reliable entry points for functional stores, tools, and services within the Pi ecosystem. This utility is deemed to be the true creator of a domain’s value.

Future Outlook: A Shift Towards Developer Support and Utility Creation

To realize this vision, Pi Network is preparing its next move. It’s not just about providing the ‘land’ of a domain, but about enabling anyone to easily ‘build structures (i.e., apps and services)’ on that land.

Specifically, it has been indicated that tools are being developed to make it easier for even non-programming experts to build and deploy applications. This will clearly shift the project’s focus from speculative name trading to supporting the creation of actual services and businesses.

Summary: The Potential of ‘.pi Domains’ Beyond Speculation

To summarize Pi Network’s recent announcements:

  1. Improved Usability: The auction function has been updated, making it more accessible.
  2. Clarified Challenges: Speculative activities like “domain squatting” are being addressed as an issue.
  3. Vision Presented: The Core Team aims for domain ‘utility’ rather than speculation.
  4. Future Foundation: Tools will be provided to enable anyone to participate in development, fostering ecosystem growth.

Pi Network’s ‘.pi domain’ holds immense potential as a new digital asset in the Web3 era. However, whether its value will be generated by short-term speculation or built upon long-term utility remains to be seen. The Core Team has clearly chosen the latter path, demonstrating its commitment to creating an environment for that purpose.

This policy shift will be a crucial test to determine whether Pi Network ends up as a fleeting trend or genuinely builds a sustainable digital economy.

Pi Network Intensifies Game Ecosystem Strategy: What Future Do FruityPie and $100 Million Ventures Unfold?

Introduction: Pi Network’s Vision for a Utility-Driven Ecosystem

This section provides an overview of how Pi Network emphasizes “utility” in its ecosystem growth and the strategic significance of gaming within this context. Readers will understand Pi Network’s fundamental ecosystem building philosophy.

From its early stages, Pi Network has consistently aimed to establish itself not merely as a speculative cryptocurrency, but as a **digital currency with practical utility**. At the core of its ecosystem growth strategy is the creation of a virtuous cycle where utility promotes user engagement, and engagement, in turn, drives further utility development. Against this backdrop, Pi Network has recently begun to **strategically focus on the gaming sector**. Its attempt to expand the practical use cases for Pi tokens through games, leveraging its unique strengths of a large user base and social graph, is attracting attention from the expert community.

Why Gaming? Pi Network’s Expected Three Strategic Values

This section delves into the specific reasons why the Pi Network Core Team sees particularly high potential in the gaming category, exploring three perspectives: “Social Interaction,” “Attention Economy,” and “Virtual Goods Economy.” Readers will understand the core values that gaming can contribute to the Pi ecosystem.

Pi Network’s embrace of gaming as a pillar of its ecosystem strategy stems from the strong synergy between the inherent characteristics of gaming content and Pi Network’s unique platform features. The Core Team is believed to be particularly focused on the following three values:

Promoting Social Interaction: Strengthening Community Bonds

Gaming is inherently a **social activity**. Through competition, cooperation, and community events, it vitalizes communication among players. Given Pi Network’s own aspect as a social chain, the social dynamics of gaming are expected to further strengthen the bonds within the existing Pi community and contribute to the acquisition of new users.

Capturing Attention Economy: Maximizing User Engagement

In modern times, user “attention” is an extremely valuable resource, giving rise to the concept of the **attention economy**. Games are powerful drivers that captivate users for extended periods and generate high engagement. By offering appealing gaming experiences within the Pi ecosystem, Pi Network can increase user dwell time on the platform and enhance opportunities for interaction with Pi tokens and related services.

Activating the Virtual Goods Economy: Creating Practical Use Cases for Pi Tokens

Many online games involve active trading of **virtual goods**, such as in-game items and currencies. Players are accustomed to collecting, exchanging, and consuming digital value. This foundation is highly advantageous for introducing Pi tokens as a payment method within games and providing them with practical utility. Various use cases are conceivable, including purchasing items, upgrading characters, and accessing exclusive content.

[Concrete Example] FruityPie: A Demonstration Embodying Pi Utility

This section explains FruityPie, a game released by Pi Network as part of its ecosystem strategy, covering its purpose, specific features like integration with Pi tokens and the Pi ad network, and the message it conveys to developers and users. Readers will grasp how Pi Network’s strategy is being actualized.

As an early example concretely demonstrating Pi Network’s gaming strategy, the mobile game “**FruityPie**” is available within the Pi Browser. While seemingly a simple fruit-merge puzzle game, it has a clear underlying purpose: to demonstrate the utility of the Pi ecosystem. Players can use Pi tokens to progress in the game or aim for higher scores, showcasing a practical use case for Pi tokens.

Even more significantly, FruityPie is **integrated with the Pi advertising network**. This demonstrates how game developers can leverage the advertising solutions provided by the Pi platform for monetization. FruityPie is not merely about providing entertainment; it serves as a “living demonstration” illustrating how Pi Network’s platform-level utilities (Pi token payments, user base, advertising system, etc.) can be beneficial to third-party application developers.

Pi Network Ventures: Accelerating the Ecosystem with a $100 Million Investment Fund

This section analyzes the overview, objectives, investment targets of “Pi Network Ventures” established by Pi Network, and how it is expected to contribute to the growth of the Pi ecosystem, especially the development of the gaming sector. Readers will understand the concrete initiatives and scale of Pi Network’s ecosystem support.

To further accelerate ecosystem growth and enhance Pi token utility, Pi Network announced the establishment of **Pi Network Ventures** in May 2025. This is a **$100 million-sized** development initiative, composed of Pi tokens and fiat currency, aimed at strategically investing in innovative startups and businesses (including those in the gaming sector) within the Pi ecosystem.

Pi Network Ventures’ Mission and Investment Strategy

Pi Network Ventures’ primary mission can be summarized into the following three points:

  • Strengthening Pi Utility: Supporting startups and businesses that integrate Pi into their products, services, and customer experiences.
  • Bringing More Real-World Production to Pi Network: Investing in early-stage startups and companies building real-world production processes like apps, transactions, and enterprises on Pi.
  • Bringing Pi to the Real World: Supporting practical use cases and applications that demonstrate Pi’s unique value.

This fund targets projects across a wide range of stages, from early-stage startups to more mature companies (Series B and beyond), that have the potential to enhance Pi’s utility.

Opportunities for Game Developers and Ecosystem Impact

Pi Network Ventures represents a significant opportunity, especially for game developers. Projects developing innovative games leveraging Pi tokens and the Pi platform’s features can receive support not only in funding but also in accessing Pi Network’s massive user base. This is expected to vitalize game development within the Pi ecosystem, leading to the emergence of diverse and high-quality gaming content. As suggested in the background information, if compelling games succeed in the Pi ecosystem, applying to Pi Network Ventures is encouraged.

Potential and Future Challenges of Pi Network’s Gaming Strategy

This section examines the potential of Pi Network’s gaming strategy and the challenges it must overcome for success, from a professional perspective, taking into account market trends and examples from other blockchain gaming platforms. Readers will gain deeper insight into Pi Network’s strategy and implications for its future prospects.

While Pi Network’s gaming strategy possesses several unique strengths, it must also overcome several challenges to establish a solid position in the highly competitive Web3 gaming market.

Leveraging a Massive User Base and Social Graph

One of Pi Network’s greatest strengths is its **tens of millions of KYC’d (Know Your Customer) users**. This provides an overwhelming advantage in overcoming the initial user acquisition barrier that many new blockchain gaming projects face. Furthermore, if user connections (social graph) formed through social mining can be incorporated into game design, viral adoption and community-driven content generation can be expected.

Competition and Establishing Uniqueness in the Web3 Gaming Market

The blockchain gaming market is growing rapidly, with success stories like Axie Infinity emerging, but competition is also intensifying. It is crucial to differentiate from existing Play-to-Earn (P2E) models and GameFi projects and establish Pi Network’s unique identity. Beyond simply earning tokens, fun gameplay and added value through integration within the Pi ecosystem (e.g., linkage with other Pi apps, or a fair revenue-sharing model via the Pi advertising network) are required.

Sustainability of Tokenomics and In-Game Economy

For Pi tokens to serve as the foundation of the in-game economy, the **sustainability of its tokenomics** is critically important. It is essential to appropriately design the balance of Pi token issuance, circulation, and consumption within games to avoid hyperinflation or extreme deflation and build a stable economic zone. While the efforts with FruityPie are a starting point, a sophisticated economic model is indispensable for more complex and large-scale games.

Conclusion: Can Pi Network’s Game Ecosystem Create a New Economic Sphere?

This section re-organizes the key points of Pi Network’s gaming strategy discussed in this article and presents the potential impact of this initiative on the development of the Pi ecosystem and, by extension, the creation of a new economic sphere in the Web3 era. It aims to foster readers’ expectations for Pi Network’s endeavors and their interest in future developments.

Pi Network’s advancing game ecosystem strategy can be described as an ambitious endeavor beyond merely increasing cryptocurrency use cases. There is a strong will to prioritize **utility creation** and leverage the massive KYC’d user base and social characteristics to build an economy where Pi tokens hold tangible value. The provision of demonstration apps like FruityPie and active developer support through Pi Network Ventures are concrete manifestations of this.

To Our Readers: For Further Exploration and Discussion

This section prompts readers to engage in further professional research and discussion about Pi Network’s gaming strategy and the future of Web3 gaming, based on the content of this article.

This article analyzed a part of Pi Network’s game ecosystem strategy based on publicly available information. However, this field is advancing day by day, with new technologies and business models constantly emerging.

  • How do you predict Pi Network’s gaming strategy will uniquely evolve in the future?
  • How will current blockchain gaming market trends (e.g., AI integration, DAO-led governance) impact Pi Network’s strategy?
  • What do you consider the most crucial element for Pi Network to truly establish a “utility-driven economy” through games?

Considerations on these questions and active discussions within your expert community will help deepen the understanding of not only Pi Network but also the impact of blockchain technology on society. Let’s keep an eye on future technological trends and market changes and explore together.