What is Pi Booster? An Objective, In-depth Guide to This DApp for Paying Mobile Bills with Pi Coin – Mechanics, Usage, and Safety

Introduction: Is Pi Coin Moving from “Speculation” to “Practical Utility”?

“Pi Network,” which has garnered global attention for allowing easy mining on smartphones, poses a fundamental question for many of its participants, the “Pioneers”: “When and how will this Pi Coin become usable?”

Currently, Pi Network is in a “closed mainnet” phase, isolated from external exchanges, and its value is not yet finalized. However, within this closed ecosystem, there’s a surge of activity demonstrating concrete uses for Pi Coin—its “practical utility.”

This article focuses on “Pi Booster,” a DApp (decentralized application) that has become a hot topic in the community for allegedly allowing users to pay mobile bills with Pi Coin. We will thoroughly analyze and explain its mechanics, usage, and, most importantly, its safety from an objective viewpoint, devoid of promotional information.

Overview of the Popular DApp “Pi Booster”

First, let’s examine Pi Booster’s core functions and features to understand what kind of service it is and why it has attracted so much attention within the Pi Network community.

What is Pi Booster?

Pi Booster is one of the “decentralized applications (DApps)” that operates on the Pi Network blockchain. To give a familiar example, think of a DApp as an app that runs on a smartphone OS (like iOS or Android). Pi Booster provides a specific function—”mobile bill payment”—on the Pi Network platform.

Its main purpose is to enable users to directly use their held Pi Coins to pay for mobile phone communication charges (data plans and call credits) without first converting them into fiat currencies like Japanese Yen or US Dollars.

3 Claimed Main Features

Pi Booster claims the following three main advantages as reasons for its support:

  1. Fast and Low-Cost Transactions: Since it bypasses traditional banking systems and payment gateways, transaction fees are said to be low, and processing is fast. This leverages the inherent benefits of blockchain technology.
  2. Global Coverage: It claims to support many countries worldwide, including Africa, Asia (reportedly Indonesia), and Latin America, and a variety of mobile carriers. This holds the potential to facilitate cross-border remittances and payments.
  3. Simple Operability: It is designed with a user-friendly interface to be intuitive even for users unfamiliar with cryptocurrency transactions.

【Important】Objective Fact-Check and Safety of Pi Booster

While attractive features are touted, especially in the world of cryptocurrency, it is critically important to calmly assess the reliability and safety of such information. Here, we objectively verify Pi Booster’s standing and essential precautions users must be aware of.

Pi Booster is Not an Official App

The most crucial fact is that Pi Booster is not an official application developed or provided by the “Pi Core Team,” the developers of Pi Network. It is a third-party DApp, developed by volunteers in the community or external companies.

The Pi Network ecosystem aims to be an “open platform” where anyone can develop DApps. Thus, the emergence of apps like Pi Booster itself can be seen as a positive sign of ecosystem growth. However, the fact that it is “not official” is a fundamental premise for evaluating its safety and trustworthiness.

Security and Usage Precautions

When using third-party DApps, always keep the following points in mind:

  • Wallet Connection Risks: To use a DApp, you need to connect your Pi wallet and approve transactions. Connecting your wallet to a DApp whose reliability hasn’t been sufficiently verified carries the risk of losing your cryptocurrency.
  • Principle of Self-Responsibility: If any trouble (e.g., mistaken transfer, service discontinuation) occurs due to the use of a third-party DApp, the responsibility generally lies with the user. The Pi Core Team will not provide compensation.
  • Thorough Information Gathering: Before considering use, it is essential to thoroughly research official websites and community reputations to determine trustworthiness.

In conclusion, when using Pi Booster, you must fully understand these risks and proceed entirely at your own responsibility. If you are unsure, it is wise to try small test transfers or refrain from using it until its reliability is more firmly established.

Specific Usage of Pi Booster (5 Steps)

For those who understand the above risks and still wish to try Pi Booster, here are the generally reported usage steps in 5 stages:

  1. Access via Pi Browser: Open “Pi Browser” from the official Pi Network app and enter the DApp’s URL to access Pi Booster.
  2. Select Country and Mobile Carrier: Choose the country where you want to use the service and your mobile carrier from the list.
  3. Enter Phone Number and Plan: Input the mobile phone number you wish to charge and the data plan or amount you want to purchase.
  4. Approve Payment with Pi Wallet: Confirm the payment details and approve the transaction with your Pi Wallet. This will require entering your passphrase.
  5. Confirm Transaction Completion: Once the transaction is approved on the blockchain, processing is said to be completed within seconds to minutes, and the balance should be reflected on your mobile phone.

The Significance of Pi Booster for the Pi Network Ecosystem

What does the emergence of a single DApp mean for the future of the entire Pi Network? Let’s consider its impact from a broader perspective.

As a Litmus Test for “Practical Value”

If services like Pi Booster function stably in many countries and are accepted by users, it would be a significant case demonstrating that Pi Coin is not merely a speculative asset but possesses “practical value” that solves real-world problems. This can be considered a step towards realizing Pi Network’s vision of “cryptocurrency for everyday people.”

Ecosystem Maturity Towards Open Mainnet

Currently, Pi Network aims to transition to a future “open mainnet.” This refers to the stage where Pi Coin can be freely traded on external cryptocurrency exchanges, a crucial turning point that will determine the project’s success.

For the open mainnet to succeed, Pi Coin must be actively used within the Pi Network’s economic sphere (ecosystem) beforehand. A state where diverse DApps like Pi Booster emerge and many Pioneers utilize them is an indicator that the ecosystem is sufficiently mature, leading to increased overall project trustworthiness.

Conclusion: Future Possibilities and the Need for a Calm Perspective Now

This article has objectively delved into Pi Booster, the DApp that allows paying mobile bills with Pi Coin, from its functions to its safety.

Pi Booster is a very interesting entity, offering a glimpse into a future where Pi Coin could be more than just a speculative asset, but a tool useful in our daily lives. The emergence of such practical use cases is undoubtedly a positive factor for the development of the Pi Network ecosystem.

However, at the same time, we must recognize that it is a third-party application, not an official project, and its use requires careful judgment and self-responsibility.

The journey of Pi Network has just begun. Instead of being swayed by every piece of information, it is the attitude of a wise Pioneer to consistently refer to official announcements and reliable technical information, maintaining a balance between enthusiasm and calm, as we observe the fate of this grand project.

[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.

Complete Guide: From Claiming Your Bombie ($BOMB) Airdrop to Post-Listing Price Prediction

Why is ‘Bombie’ Gaining Global Attention Now?

Recently, have you been seeing the keywords “Bombie” or “$BOMB” more often on social media and in crypto news? This isn’t just the arrival of a new game. It might be the beginning of an entirely new movement, based on Telegram, a messaging app with over 110 million users worldwide.

This article won’t just explain how to start or play the game. Instead, it delves into the core of the underlying “Play-to-Earn” mechanism and why so many people are enthusiastic about it.

Bombie is particularly noteworthy for two main reasons:

  • Massive Community and Accessibility: Playable directly within Telegram, an app many people use daily, its barrier to entry is extremely low. This has led to an explosive growth in user numbers.
  • Unusual “Fair Launch” Model: The project has announced that a remarkable 70% of the total supply of 10 billion $BOMB tokens will be allocated to players via airdrop (free token distribution event). This indicates that the project’s success is directly tied to community contributions, generating significant anticipation among many participants.

By reading this article, you will gain a deep understanding, from the specific steps for claiming your Bombie airdrop to an objective analysis of its post-listing price, which many people are curious about.

[Step 1] How to Claim Your Bombie Airdrop and Transfer to an Exchange

Let’s now look at the specific steps to claim the $BOMB tokens distributed by the project and make them available for actual trading. Here, we will use “Bitget” as an example among many cryptocurrency exchanges.

Airdrop Claiming Procedure

Airdrop claiming is done within the Bombie app (bot) in Telegram. The basic flow is as follows:

  1. Open the Bombie app (bot) in Telegram.
  2. Tap on the “Airdrop” or “Claim” section within the menu.
  3. Follow the on-screen instructions to complete the claiming process.

Important Note: There may be a deadline for claiming airdrops, so make sure not to miss official announcements.

Transferring to an Exchange (Bitget Example)

Claimed $BOMB tokens cannot be directly converted into fiat currency like JPY. They become tradable only after being transferred to a cryptocurrency exchange.

  1. Check the $BOMB deposit address on the exchange
    After logging into Bitget, select “Assets” from the menu, then “Deposit,” and search for $BOMB. The most crucial step here is to select “TON (The Open Network)” as the network. If you choose the wrong network, you risk losing your assets, so please verify carefully. Once the correct network is selected, your unique deposit address will be displayed.
  2. Initiate the transfer from the Bombie app
    Return to the Bombie app and select a function like “Send” or “Withdraw.” On the transfer information input screen, accurately enter the “deposit address” you obtained from Bitget and, in most cases, the required “exchange UID (User ID),” then execute the transfer.

With these steps, your $BOMB tokens will be transferred to your exchange account, and you will be ready to trade.

[Step 2] $BOMB Listing Information and Objective Price Prediction

Everyone is most curious about the eventual value of the tokens obtained through airdrop. Here, we will analyze and discuss the price of $BOMB based on confirmed public information and objective data, avoiding speculation.

Confirmed Information: Listing on Major Exchanges and IEO Price

First, let’s summarize the objective facts known at this time:

  • Expected Listing Date: Multiple sources indicate around June 17, 2025 as the likely date.
  • Listing Exchanges: Major exchanges like Bybit, KuCoin, Bitget, and MEXC have announced or hinted at listings, raising expectations for trading liquidity (ease of buying and selling).
  • Key Reference Price: KuCoin conducted an IEO (Initial Exchange Offering – a presale mediated by an exchange) prior to the listing. The selling price during this event was 1 BOMB = $0.008.

This price of “$0.008” is an initial benchmark officially set by the project and the exchange, making it an extremely important starting point for considering future prices.

Basis for Price Prediction and Multi-faceted Perspectives

So, what will the price be after listing? There are various viewpoints on this.

Based on a background video, price ranges of $0.025 to $0.04 were predicted, leveraging exchange campaign information. This is approximately 3 to 5 times the IEO price.

On the other hand, some international media outlets show more bullish predictions, such as $0.10 to $0.15, or even $0.30 to $0.50. Why such a wide range of predictions? This is because the price is influenced by many factors, such as:

  • Initial Selling Pressure: Participants who received a large number of tokens for free via airdrop may sell them immediately after listing.
  • Total Supply: A large supply of 10 billion tokens could potentially suppress the price per token.
  • Market Expectation and Sentiment: High expectations for the project can attract buyers, while a general downturn in the crypto market tends to hinder price growth.

Conclusion: How Should We Approach This?

What is certain is that there is an official benchmark of $0.008, and the post-listing price cannot be definitively predicted by anyone. There are optimistic predictions and cautious views. The important thing is not to jump at a single piece of information, but to compare multiple sources, understand the risk of significant price fluctuations, and calmly observe market trends.

Conclusion: Bombie’s New Potential in Web3 Gaming

This article explained everything from claiming the Telegram game “Bombie” airdrop to analyzing its price to forecast its future potential.

Key Takeaways from Today:

  • Bombie is a P2E game gaining attention for its massive community and unusual player-centric distribution policy.
  • Claiming and transferring airdrops requires following the correct procedures, including selecting the TON network.
  • The objective benchmark for price consideration is the IEO price of $0.008, but the post-listing price is unknown and subject to various factors.

Projects like Bombie have the potential to significantly change how we enjoy games and approach wealth creation. However, their early stages are always accompanied by information uncertainty and price volatility risks.

The most important action is to always check primary information from the project’s official website and official X (formerly Twitter), without being misled by rumors or speculation. To stay ahead in this new wave, be sure to follow official information and consider participating based on your own judgment.

Crypto News: Market Dips on Geopolitical Risks, But Ripple (XRP) Shows Promise with ETF Hopes

Today’s Market Overview: Risk-Off Mood Spreads Amidst Escalating Middle East Tensions

Today’s cryptocurrency market experienced significant volatility, heavily influenced by external factors that dampened investor sentiment. This section provides an overview of overall market movements and the key events behind them.

On June 14, 2025, geopolitical risks in the Middle East cast a shadow over the market. Reports of Israeli airstrikes on Iran accelerated a “risk-off” movement, leading investors to shun high-risk assets. This directly impacted the cryptocurrency market, leading to a widespread sell-off with **Bitcoin (BTC) and many major altcoins (cryptocurrencies other than Bitcoin) experiencing declines of approximately 6% to 9%**. Analysts are warning that if Iran retaliates by blockading the Strait of Hormuz, a crucial oil transit point, it could trigger a surge in oil prices and a further collapse across all risk assets. The situation remains highly unpredictable.

Bitcoin (BTC) Trends: Decline, Yet No Change in Long-Term Holder Behavior

As the foundational cryptocurrency, Bitcoin is the most critical indicator for gauging market sentiment. Here, we analyze the latest price trends and the short-term and long-term factors influencing them.

Amidst the overall market turmoil, Bitcoin’s price temporarily fell to $104,209. However, it later saw some recovery, regaining the $105,000 range, showcasing unstable price movements. In this environment, experts suggest that short-term prices are tied to geopolitical risks, while **long-term prices are strongly correlated with macroeconomic trends, such as the value of the US dollar**.

What’s particularly interesting is that despite these price fluctuations, there has been no change in the behavior of long-term investors.

Data indicates that even amidst macroeconomic uncertainty and rising geopolitical risks, the number of “accumulation addresses” that hold Bitcoin for the long term and continue to buy more is on the rise.

This suggests that many investors still believe in Bitcoin’s future value, undeterred by short-term price fluctuations.

Positive News for Ripple (XRP): ETF Approval Hopes & Technological Advancements Provide Tailwinds

Even as the overall market declines, positive news for Ripple (XRP) has emerged, fostering optimism for its future. This section explains two significant developments that could influence XRP’s price.

The biggest highlight is the **growing anticipation that a spot XRP ETF might be approved in 2025**. An ETF (Exchange-Traded Fund) is a financial product that can be traded on stock exchanges like shares. If a spot ETF is approved, “institutional investors” such as pension funds and asset management companies will find it easier to invest in XRP in a regulated manner, without directly holding the cryptocurrency itself. With expectations of massive capital inflows, some analysts have issued bullish forecasts, suggesting XRP could exceed $25.

Further supporting this optimism, it was reported that Trident Digital, a crypto asset management firm, aims to raise a substantial $500 million (approx. 72 billion JPY) for purposes including long-term XRP holdings. Moreover, there are reports of technological advancements, with transaction speeds tripling, indicating continuous evolution in terms of practicality.

Pi Network’s Current Status: Post-Mainnet Expectations and Challenges

Pi Network, which gained significant attention for its easy smartphone mining, launched its mainnet. It launched its mainnet carrying many expectations, but what is its current state? We will organize its progress and challenges based on objective information.

A major project development reported is the launch of the **”Open Mainnet” on February 20, 2025, making Pi accessible to everyone, with trading now possible on some overseas exchanges**. This signifies that the project has moved beyond the testing phase and has officially launched.

However, the path has not been smooth. Post-mainnet migration, the price has remained stagnant compared to expectations, and it has yet to be listed on other major cryptocurrency exchanges. Delays in developing applications (DApps) to expand Pi’s ecosystem are also cited as challenges. Following today’s overall market trend, Pi’s price has also fallen by more than 10% from the previous day. To meet the expectations of its vast user base, the project will need to demonstrate its value more concretely going forward.

Key Topics for Forecasting the Market’s Future: Stablecoin Regulation & Major Corporate Moves

Behind the daily price fluctuations, crucial rulemaking and technological developments are underway to integrate cryptocurrencies into societal infrastructure. Here, we introduce two topics that could significantly influence the future of the market.

  • The Fate of Stablecoin Regulation Bill: The comprehensive stablecoin regulation bill, known as the “GENIUS Act,” which links the value of cryptocurrencies to fiat currencies like the US dollar, is scheduled for its final vote in the US Senate next Tuesday. This bill mandates full asset backing for issuers; if passed, it could significantly enhance stablecoins’ reliability and accelerate their adoption as a payment method.
  • Major Corporations Considering Entry: Retail giants **Amazon and Walmart are reportedly exploring the issuance of their own dollar-pegged stablecoins**. If realized, this could allow hundreds of millions of users to employ them for daily payments, potentially becoming a game-changer that rapidly propels cryptocurrency into mainstream adoption.

Alongside these developments, future technological trends are emerging, such as attempts to integrate AI agents—which make autonomous economic decisions—with blockchain technology.

Summary: Key Points to Watch in an Opaque Market

Finally, let’s recap today’s news and organize the key points we should focus on when observing the cryptocurrency market going forward.

Today’s market was heavily influenced by unpredictable external factors, namely geopolitical risks. In the short term, we must keep in mind the possibility of continued uncertainty.

On the other hand, from a medium-to-long term perspective, it’s clear that the cryptocurrency industry is steadily progressing.

  1. Regulatory Development: The approval of a Ripple (XRP) ETF and the progress of stablecoin regulation bills in the US are crucial litmus tests for cryptocurrencies to be recognized as a safer and more reliable asset class.
  2. Technological Practicality: Improvements in Ripple’s transfer technology and major corporations exploring stablecoin adoption indicate that cryptocurrencies are not just speculative assets but have the potential to become ingrained as useful technologies in real-world applications.
  3. Investor Maturity: The increasing number of investors who hold assets with a long-term perspective, undeterred by short-term price fluctuations, is evidence that the market is maturing.

Even through the opaque fog, a clear path towards the future is beginning to emerge. Moving forward, focusing not just on individual news items but also on the underlying major trends will be key to understanding the rapidly evolving cryptocurrency market.

Latest Cryptocurrency Market Trends | Trump Administration’s Stablecoin Strategy to Create a $2 Trillion Market

Why Current Cryptocurrency Trends Matter Now

As of June 14, 2025, the cryptocurrency market is undergoing a historic transformation. The simultaneous progression of aggressive crypto policies by the Trump administration, large-scale corporate entries, and innovative technological integrations is reshaping the very structure of the market.

Understanding these changes goes beyond simply knowing today’s price movements. It provides crucial insights to predict the future direction of the digital economy and how our financial system will evolve.

Overall Market Overview | Key Indicators and Today’s Movements

To grasp the full picture, let’s examine the price trends and market capitalization of major cryptocurrencies.

As of June 14, 2025, Bitcoin is trading at approximately $106,000, currently in a correction phase about 6% down from its all-time high. However, this is largely considered a temporary adjustment, with the prevailing view being that the long-term uptrend remains intact.

The total cryptocurrency market capitalization has reached approximately $3.38 trillion, a scale that already surpasses the GDP of many countries. Compared to the US stock market’s $61 trillion and global total assets of $450 trillion, there is still significant room for growth.

Amid rising geopolitical tensions between Israel and Iran, Bitcoin is experiencing temporary selling pressure as a “risk asset.” However, in the long term, it shows a strong correlation with a weakening US dollar, suggesting future upside potential.

Major Policy Shifts | The Trump Administration’s Stablecoin Strategy

Most notably, the US government’s stablecoin policy is poised to significantly impact the market.

Treasury Secretary Scott Bessent stated that the stablecoin market could reach $2 trillion by 2028. This represents an approximately eightfold growth from the current market size of $250 billion.

The “GENIUS Act” is behind this growth forecast. This legislation strategically aims to establish the international dominance of the US dollar in the digital realm by limiting stablecoin backing assets to cash or short-term US Treasury bonds.

The Trump administration has gone further, announcing the establishment of a strategic Bitcoin reserve, clearly acknowledging the value of cryptocurrencies at a governmental level. This initiative, sometimes referred to as “Cryptodollar,” seeks to establish new dollar hegemony.

Accelerated Corporate Entry | Large-Scale Investments and Consideration of Proprietary Currencies

Parallel to policy changes, corporate entry into the cryptocurrency space is rapidly expanding.

Most notable is SharpLink Gaming’s purchase of $462 million worth of Ethereum, making it the world’s largest public company by ETH holdings. The average acquisition price was $2,600 per ETH, holding approximately 176,000 ETH.

Furthermore, reports indicate that Amazon and Walmart are considering issuing their own stablecoins. Both companies are reportedly discussing plans for proprietary coins usable on their e-commerce sites with multiple stakeholders.

This move signifies innovation in payment systems. Direct payments bypassing traditional banking systems could lead to significant fee reductions and faster transaction speeds.

  • Expedia Group
  • Deutsche Bank
  • Apple
  • X (formerly Twitter)
  • Airbnb

These companies are also reportedly considering similar initiatives, indicating an ongoing “stablecoin entry rush” beneath the surface.

Individual Asset Performance | Bitcoin, Ripple, and New Technology Developments

Let’s organize the trends of major individual assets and their respective opportunities and challenges.

Bitcoin Price Trends and Geopolitical Risks

Bitcoin is currently trading around $106,000 (approx. ¥15 million). Nick Packlin, a market analyst at Coin Bureau, points out that geopolitical risks could influence prices in the short term.

Of particular concern is the risk of Iran blockading the Strait of Hormuz. This vital strait, through which approximately 20% of global oil supply passes, could cause crude oil prices to skyrocket if blocked, potentially leading to a sharp decline in Bitcoin, considered a “risk asset.”

However, from a long-term perspective, a strong correlation with the weakening value of the US dollar remains a crucial factor. With the US dollar recently hitting a 3-year low, significant future upside potential for Bitcoin is suggested.

Ripple (XRP) Outlook in the International Remittance Market

Ripple CEO Brad Garlinghouse stated that XRP could account for 14% of international remittance transaction volume within the next five years. This implies that XRP would replace a portion of the transactions currently handled by SWIFT.

Ripple’s technological superiority is clear. While the traditional SWIFT system is merely a messaging function, XRP provides instant currency exchange capabilities, reducing the need for banks to hold foreign currencies.

There are market sentiments that “June 14 is a fateful day for XRP,” fueled by rumors of BlackRock forming an XRP ETF and expectations of the SEC lawsuit reaching its final stage.

Progress in Solana ETF Applications

VanEck and Fidelity have filed Solana ETF applications with the SEC, and approval would pave the way for substantial institutional investor entry. Solana holds the 6th position by market capitalization as of May 31, 2025, and is gaining new developers at a faster pace than Ethereum.

Frontiers of Technological Innovation | AI x Blockchain and Next-Gen Infrastructure

Let’s look at the technological innovations supporting the market’s long-term growth.

The integration of AI and blockchain is one of the most significant trends of 2025. This convergence is projected to push the market size for AI and blockchain technologies past $730 million by 2025, with an expected compound annual growth rate (CAGR) of 25.3%.

Specific applications include:

  • Automated identity verification: Deepfake detection through blockchain’s cryptographic authentication technology
  • Improved predictive analytics accuracy: Building AI models leveraging decentralized data
  • Smart contract automation: Optimized contract execution based on AI judgments
  • Decentralized data marketplaces: Transparent trading of data ownership and access rights

Christian Thompson of Sui Foundation states, “The convergence of different technologies like blockchain, robotics, AI, VR, and AR will bring significant opportunities in 2025.”

The intersection of these technologies creates new forms of asset ownership. As the boundaries between the digital and physical worlds become increasingly blurred, blockchain technology has the potential to become the foundation of digital ownership.

Expansion of the ETF Market | New Avenues for Institutional Investor Entry

The expansion of ETF approvals is a crucial factor encouraging significant institutional investor participation.

According to an analysis by Laser Digital, a subsidiary of Nomura Holdings, more than 12 cryptocurrency ETFs could be approved in the US in 2025. Expected products include:

  1. ETFs displaying S&P 500 returns in Bitcoin
  2. ETFs combining Bitcoin and Ethereum
  3. Litecoin (LTC)-based ETFs
  4. XRP-based ETFs
  5. Solana (SOL)-based ETFs

Of particular note is the expected significant improvement in the regulatory environment for crypto assets with Paul Atkins’ appointment as SEC Chairman. This is anticipated to shift from a litigation-centric approach to policies that support innovation.

Meanwhile, in Japan, cryptocurrency ETFs are not yet approved as of June 2025. However, SBI is considering establishing a new company with a major US asset management firm, raising expectations for domestic ETF listings.

Future Outlook and Cautionary Notes | Market Predictions and Investor Implications

Considering these trends, let’s summarize the future market developments and points of caution for investors.

Short-Term Outlook (3-6 Months)

In the short term, geopolitical risks are likely to be the primary drivers of price volatility. However, increased ETF approvals and accelerated corporate entry are expected to provide price support due to structural demand growth.

Mid-Term Outlook (6 Months-2 Years)

With the enactment of new stablecoin laws and the Trump administration’s pro-crypto policies, a robust institutional foundation is expected to be established. This will accelerate significant institutional investor entry and advance market maturation.

Long-Term Outlook (2-5 Years)

As AI x blockchain technology becomes widespread, a new digital economic sphere may form. Ripple’s prediction of capturing 14% of the international remittance market and the stablecoin market reaching $2 trillion also become more realistic.

Cautionary Notes for Investors

  • High volatility: Rapid price fluctuations due to geopolitical risks and regulatory changes
  • Technological risks: Uncertainty in the practical application of new technologies
  • Regulatory risks: Impact of changes in regulatory policies across countries
  • Concentration risk: Risks associated with over-concentrated investment in specific assets

Conclusion | New Phase of the Cryptocurrency Market and Future Learning Guidance

As of June 14, 2025, the cryptocurrency market is at a historic turning point due to a triple confluence of policy, technology, and corporate entry changes.

Key takeaways include:

  • Policy: Trump administration’s stablecoin strategy could create a $2 trillion market
  • Corporate Entry: Major corporate entries from SharpLink Gaming, Amazon, Walmart, and others
  • Technological Innovation: Expanded new possibilities through AI x blockchain integration
  • Institutionalization: Paving the way for institutional investor entry through expanded ETF approvals

These changes indicate that cryptocurrency is evolving from merely a speculative asset to a practical digital economic infrastructure.

To deepen your future learning, we recommend continuously checking the following information sources:

  • Official announcements from the US SEC (Securities and Exchange Commission)
  • Financial statements and presentations from major corporations
  • Developments in Central Bank Digital Currencies (CBDCs)
  • Announcements from technology conferences

Deepening your understanding of the cryptocurrency market directly correlates with understanding the future of the digital economy. By maintaining objective information gathering and calm analysis in a rapidly changing environment, let’s continue learning in this innovative field.

What is Grass? A Comprehensive Guide to the New DePIN Project Monetizing Unused Internet: How It Works, How to Start, and Its Future Potential

What if your unused internet bandwidth could automatically generate value? While it might sound like science fiction, this is being made a reality by a new field currently gaining global attention: DePIN (Decentralized Physical Infrastructure Networks).

This article provides a comprehensive explanation of ‘Grass,’ a particularly promising project within the DePIN sector. We’ll cover everything from the significant concepts behind it, its specific mechanisms, how anyone can easily get started, and an objective look at its future potential and considerations, ensuring a deep understanding even without specialized knowledge.

What is the Trending ‘Grass’? – A Key Player in the New DePIN Concept

First, let’s explore what kind of project Grass is and its core concept. The essential keyword for understanding this project is ‘DePIN.’

DePIN Projects: Sharing Unused Internet Bandwidth

DePIN (Decentralized Physical Infrastructure Networks) refers to a system that uses blockchain technology to decentralize the management and operation of physical infrastructure existing in the real world, such as servers, communication networks, and energy grids.

This might sound a bit complex, but if you liken it to a familiar service, it’s intuitive to think of it as the ‘Airbnb of internet bandwidth.’ Just as Airbnb allows you to rent out unused rooms, Grass provides a mechanism for us to offer our idle internet bandwidth (a portion of our connection) to companies that need it, and in return, we earn rewards (points).

It’s an innovative endeavor that unearths new value from intangible assets that have previously gone unutilized.

Why is Internet Bandwidth Needed? Its Relationship with AI Development

So, who needs our internet bandwidth? The primary borrowers are AI (Artificial Intelligence) development companies.

Modern AI models, especially Large Language Models (LLMs), require vast amounts of publicly available information from the internet for training data. However, making a large number of accesses from a single location can lead to issues such as being blocked by websites or collecting biased data.

Grass provides the infrastructure for AI companies to access web data more naturally and diversely through a network of individual users scattered across the globe. In essence, we can earn rewards commensurate with our contribution by providing essential resources for next-generation AI development.

How Grass Works: From Earning Points to Potential Monetization

So, how exactly do we earn rewards from Grass? Here, we’ll break down and explain the process from accumulating points to the potential for future monetization.

Basic Mechanism for Earning Points

Earning points with Grass is very simple:

  1. Create an account on the official website.
  2. Install the Google Chrome extension on your PC (Windows/Mac).
  3. Remain logged into the extension.

That’s all it takes. As long as your PC is connected to the internet, points will automatically accumulate in the background. There’s no need to play games or perform any special operations. It’s truly a ‘set it and forget it’ system for earning points.

Factors Affecting Point Accumulation

The number of points you can earn varies depending on several factors. To accumulate points more efficiently, consider the following:

  • Uptime: The longer the extension is active, the more points you can earn.
  • Network Quality: Faster and more stable internet connections tend to receive higher evaluations.
  • Geographic Location of IP Address: Connections from specific regions may be valued more highly based on demand.

Utilizing the Referral Program

Grass also offers a referral program where you can earn additional points by inviting friends and acquaintances. A portion of the points earned by those you refer is returned to you, the referrer. This allows you to leverage your network to further accelerate your point accumulation.

How to Get Started with Grass: A 3-Step Registration Guide

Now that you understand the concept, let’s get started. Joining Grass is surprisingly simple. Here’s a 3-step guide to ensure anyone can follow along without confusion.

  1. Create an account on the official website.
    First, access the official Grass website and complete your account registration by setting up your email address, desired username, and password.

https://app.grass.io/register?referralCode=L40UXPDhcPY0Ijx

  1. Install the Chrome Extension.
    After registration, follow the instructions on the dashboard to install the official Grass extension from the Google Chrome Web Store onto your PC.
  2. Log in and Start Earning Points.
    Open the installed extension and log in using the information registered in Step 1. Once you successfully log in and see ‘Connected,’ the setup is complete. From then on, points will automatically start accumulating as long as your PC is running.

Objective Look at Grass’s Future Potential and Considerations

New projects come with great expectations, but also points that need consideration. Here, we’ll objectively organize Grass’s future potential and important considerations for users.

Expected Future Potential: Funding and Ecosystem Expansion

Wynd Network, the developer of Grass, has successfully raised a total of $4.5 million (approx. 670 million JPY) in funding from highly renowned venture capitalists in the cryptocurrency space, such as Polychain Capital and Tribe Capital. This indicates that many experts highly value the future potential of this project.

It is strongly expected that the points currently being earned will be exchangeable for Grass’s official token through an Airdrop (free distribution) when it is eventually issued. If this materializes, users who have consistently accumulated points from the early stages could potentially gain significant returns.

Important Considerations and Security

While it’s an attractive project, it’s crucial to understand the following points before participating:

  • Security and Privacy: According to Grass’s official statements, this extension is designed to only utilize unused network bandwidth and does not view or store users’ personal data.
  • Impact on PC Resources: Although Grass operates in the background, it uses a minimal amount of PC memory, CPU, and network bandwidth. Most modern PCs will not experience any noticeable impact, but there is a non-zero possibility of performance being affected on very old PCs.
  • Airdrop Uncertainty: While there’s strong anticipation that points will convert into tokens in the future, it is not 100% guaranteed at this time. The timing and exchange rate are also undecided. It is wise to participate with spare capacity, viewing it as ‘planting seeds for the future.’

Summary: Can Grass Become the Infrastructure for Next-Generation Internet?

In this article, we’ve provided an overview of ‘Grass,’ a trending DePIN project.

Grass is not just a tool for earning points; it’s a grand endeavor to build new internet infrastructure for the AI era, together with users worldwide. Its mechanism is innovative, it enjoys strong support from prominent investors, and its future potential is highly promising.

Participation is very easy, and you can start right away, even today. However, it’s important to maintain a sober perspective that the returns are not currently guaranteed and that this is a speculative investment in the future.

If you wish to explore the cutting edge of the new DePIN trend, contribute to next-generation technology, and pursue the potential for returns, then Grass is a project worth trying.

Blum’s Tokenomics Explained: Analyzing the Value and Future Potential of $BLUM Tokens from Airdrops

Introduction: Why Blum’s “Tokenomics” Are Crucial Now?

Telegram, a new cryptocurrency project utilizing Telegram, is currently garnering explosive attention. Many are participating in point-earning games, eagerly anticipating future airdrops (free token distributions). However, it’s also true that pressing questions abound: “How much will I actually receive?” and “Will it truly have any value?”

The key to answering these questions lies in the project’s economic blueprint: “Tokenomics.”

By reading this article, you will understand the complete plan for Blum’s tokens: “who” receives them, “when,” and “how much.” This will enable you to objectively assess your airdrop expectations with solid grounds. We will carefully explain even complex technical terms one by one, so please bear with us until the end.

The Basics: What Exactly is Tokenomics?

Before diving into Blum’s specific figures, let’s grasp the basics of the term “Tokenomics.” Understanding this will equip you with a powerful “yardstick” to discern the health and future potential of any cryptocurrency project.

Tokenomics is a portmanteau of “token” and “economics.” Think of it as an “economic constitution” that defines the rules for the tokens a project issues, such as:

    • Total Supply: What is the maximum number of tokens that will be issued?
    • Allocation Plan: How will the issued tokens be distributed (to the community, development team, investors, etc.) and in what proportions?

Release Schedule: When will the distributed tokens become available for trading? (e.g., Vesting)

  • Utility: What can the token be used for? (e.g., fees, voting rights)

 

By analyzing these tokenomics, you can decipher the project management’s planning, and how much importance they place on the community.

Blum Token Overview: Total Supply and Allocation by Purpose

Now, let’s delve into the core of Blum’s officially announced tokenomics. The total supply of Blum’s token ($BLUM) is fixed at 1 billion tokens. The table below summarizes how these 1 billion tokens are allocated for different purposes and in what proportions.

Category Allocation Ratio Token Amount Main Purpose
Community 20% 200 million $BLUM Rewards for early contributors, such as airdrop participants
Ecosystem Growth 20% 200 million $BLUM Exchange listings, developer support, partnerships, etc.
Treasury 28.08% Approx. 280 million $BLUM Long-term product development, security audits, legal fees, etc.
Contributors 16.11% Approx. 161 million $BLUM Rewards for project-building members, such as the development team
Strategic Investors 15.81% Approx. 158 million $BLUM Allocation to partners and investors supporting the project

Your Airdrop: When and How Much? A Deep Dive into “Community Allocation”

Airdrop participants are, of course, most interested in the “Community Allocation.” A closer look here will reveal when and how many tokens you can expect to receive.

First, of the 20% (200 million tokens) allocated to the community, half, or 10% (100 million tokens), is designated for this pre-launch airdrop. However, there’s a crucial point here: not all of these 100 million tokens will be immediately available at the time of listing.

To understand this, let’s explain two important technical terms:

What is TGE (Token Generation Event)?
This refers to the day when a cryptocurrency is formally issued on the blockchain for the first time. In most cases, it coincides closely with its listing on an exchange.

What is Vesting?
Vesting is a mechanism where tokens, for which the right to receive has been confirmed, are not released all at once but are distributed in installments over a predetermined period. This is a common practice adopted by many projects to prevent a “sell-off”—a sudden price crash due to a large volume of tokens being sold immediately after listing.

Blum’s plan states that only 30% of the tokens received via airdrop will be immediately available at TGE (listing date). The remaining 70% will be distributed gradually (vested) over 6 months after TGE.

For example, if you are entitled to receive 1,000 $BLUM through an airdrop, it will work as follows:

  • Listing Date (TGE): You receive 300 $BLUM.
  • For 6 months after listing: The remaining 700 $BLUM will be received in installments of approximately 116 tokens per month, over 6 months.

Thus, it’s important to understand that you won’t receive the full amount all at once.

Market Price Impact: Calculating the “Initial Circulating Supply” at Listing

The price of a token is determined by the balance between the quantity available for trading in the market (supply) and the number of people who want it (demand). So, how many $BLUM tokens will be in circulation in the market the moment Blum is listed? This is called the “initial circulating supply.”

Based on the unlock rates at TGE for each category, the calculation is as follows:

  • From Community: 30 million $BLUM
  • From Ecosystem Growth: 38 million $BLUM
  • From Treasury: 28.08 million $BLUM
  • From Contributors/Investors: 0 $BLUM

Summing these up, the initial circulating supply at TGE will be approximately 96.08 million $BLUM. This is only 9.6% of the total supply of 1 billion tokens.

A low figure here indicates that a relatively small amount of tokens will be available for trading in the market immediately after listing. Generally, a design with a low initial circulating supply can be interpreted as an intention to curb sudden selling pressure and prioritize price stability.

Expert Perspective: Blum’s Strategy Revealed Through Its Tokenomics

Based on the figures we’ve reviewed, let’s objectively evaluate the strategy and intentions embedded in Blum’s tokenomics design.

Point 1: Long-term Focused Design

Most notably, none of the tokens for contributors (team) and strategic investors are unlocked at TGE. Their tokens are subject to a full lock-up period (cliff) of 9 to 12 months, after which they can only be sold gradually over an even longer period. This strongly indicates that the core individuals of the project are committed to its long-term success rather than short-term gains.

Point 2: Consideration for Price Stability

As mentioned earlier, the 6-month vesting period for community airdrops and keeping the initial circulating supply below 10% of the total are also sound approaches aimed at avoiding immediate post-listing chaos and fostering stable price formation.

Objective Evaluation

Some might argue that a “20% community allocation is small.” However, given that many projects make promises without delivering, Blum’s tokenomics can be assessed as a relatively sound and realistic plan, where the team and investors share risks with the community and aim for long-term ecosystem growth.

Conclusion: Blum’s Future and What You Should Do Now

Finally, let’s recap the key points of this article:

  • Long-term oriented design: Blum’s tokenomics features a solid design that emphasizes long-term commitment from the team and investors, and prioritizes price stability.
  • Airdrop is an installment payment: The airdrop you receive will have 30% unlocked on the listing day, with the remaining 70% distributed gradually over 6 months.
  • Limited initial circulating supply: The tokens available in the market at listing are approximately 9.6% of the total supply, which helps to suppress initial selling pressure.

Tokenomics is crucial information for predicting a project’s future, but it is ultimately just a “plan.” The ultimate success depends on future product development, market trends, and the operational team’s execution capabilities.

Therefore, it is premature to be overly optimistic or pessimistic at this stage. The most important thing is to continue following Blum’s official X (formerly Twitter) and Telegram channels to calmly track accurate information regarding TGE and listing. Based on the knowledge gained from this article, exercise your own judgment and aim for wise navigation.

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.