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Pi Network’s $100 Million Boost: What Changes with ‘Pi Network Ventures’? A Deep Dive into the Future

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Introduction: Big Moves for Pi Network! A Journey from “I Don’t Quite Get It” to “Aha!”

“What’s really going on with Pi Network that I keep hearing about lately?” “There seems to have been a new announcement, but does it concern us?” If you have such questions, this article will explain the recent big changes in Pi Network, especially the new initiative called “Pi Network Ventures”, in a clear and detailed manner, as if explaining it right next to you. No specialized knowledge is required. By the time you finish reading, you’re sure to be excited about the future of Pi Network!

What Exactly is Pi Network Again? A Quick Review

Before we dive into “Pi Network Ventures”, let’s quickly review Pi Network itself. Even if you’ve only “heard the name…”, reading this will give you a perfect grasp of the basics.

Pi Network started in 2019 as a “cryptocurrency project that anyone can easily participate in with a smartphone”. Its ease of use, allowing people worldwide to steadily “mine” (translated as excavation, but perhaps “acquire” is a better image here) its unique digital currency called Pi through a smartphone app without difficult technical knowledge or expensive equipment, has attracted many participants globally. Its major goal is to “create the most widely used cryptocurrency in the world and build an open economic ecosystem accessible to everyone”.

Until now, it has been, so to speak, a preparation period. Many people have acquired Pi, and the community has grown. And now, a big step is about to be taken for Pi to actually be useful in society. That is the emergence of “Pi Network Ventures”, the theme of this article.

Main Topic! “Pi Network Ventures” is Born! The $100 Million Big Wave Has Arrived!

Thank you for waiting! Here comes the main topic, the emergence of “Pi Network Ventures”. It might sound a bit formal, but imagine it as “a very large scholarship system or support fund has been created to support new ideas and businesses in the world of Pi Network!”. The scale of this fund is announced to be a staggering $100 million (over approximately 15 billion Japanese Yen*! *Estimated based on the exchange rate as of May 2025).

This can be said to be proof that Pi Network is serious about realizing “usable Pi”. It is a concrete action plan to meet the expectations of many users who ask, “What can I do with Pi besides just collecting it?”

What is “Pi Network Ventures” in a nutshell? – A “Support Group” and “Investor” for Growing Pi

The role of Pi Network Ventures is to provide funding and resources to support startup companies and developer teams that are trying to develop and deploy innovative applications and practical businesses using Pi (collectively referred to as “utilities”) on the Pi Network platform. In other words, it is a “support group” that sows many “seeds” to make Pi more convenient and used in more situations, and also an “investor” that actively invests in promising projects.

$100 Million! Where Does This Money Come From and What Will It Be Used For?

This $100 million fund is explained to consist of Pi tokens held by Pi Network itself and US dollars (USD), a real-world fiat currency. This funding will be provided in the form of investments to projects deemed to contribute to the growth and development of the Pi ecosystem.

For example, ideas like the following might be eligible for support:

  • Online marketplaces where goods and services can be bought and sold using Pi
  • New social media or games that can be participated in with Pi
  • Systems that can easily introduce Pi payments in real-world stores
  • Completely new services utilizing Pi blockchain technology

In this way, Pi Network Ventures is trying to create a concrete path for Pi to become a “currency that can actually be used” in our daily lives and business scenes.

What Kind of Ideas Will Be Supported? – New Services and Businesses Using Pi

Pi Network Ventures is particularly focused on “projects that enhance the true utility of Pi and accelerate its adoption in the real world”. Ideas are sought that are not just technically interesting, but also valuable to many people and contribute to the overall growth of the Pi ecosystem. If you are a developer and have a great idea using Pi, this could be a big opportunity for you.

Why “Pi Network Ventures” Now? Its Aim and the Future Vision of Pi

Why did Pi Network take this big step with “Pi Network Ventures” at this timing? It’s because Pi Network is seriously trying to transition to the next stage, which is the “stage where Pi actually has value in society and becomes widely used”. Behind this is the grand future vision that Pi Network aims for and a clear strategy to realize it.

Aiming for “Usable Pi”! A Future Where Pi is Active in Daily Life

The ultimate goal of Pi Network is to make Pi not just a speculative digital asset, but a “practical currency” that can actually be used to pay for goods and services in daily life. To achieve this, it is essential to increase the places and opportunities where Pi can be used (i.e., utility). Pi Network Ventures is expected to be the catalyst for explosively increasing these “places and opportunities where Pi can be used”.

Imagine paying for coffee at your usual cafe with Pi, buying what you want online with Pi, or receiving payment for freelance work in Pi… Such a future might gradually approach through the activities of Pi Network Ventures.

What Kind of Organization is the “Pi Foundation”? Transparency and Community-Driven Mechanism

In this announcement, it is also emphasized that Pi Network Ventures was established through the “Pi Foundation”, and that this foundation is an “ownerless organization”. This is a very interesting point.

An “ownerless organization” is thought to aim for a more decentralized approach, operated for the benefit of the entire Pi community and the development of the project, rather than being controlled by specific individuals or companies for profit. This is an attempt to embody the principles of “community-driven” and “transparency” that Pi Network advocates, and it will have important implications for the long-term health of the project. However, further detailed information disclosure regarding its specific governance (management and operation) mechanism is awaited in the future.

Not Just a Digital Currency! Innovation That Pi Might Bring About

Projects supported by Pi Network Ventures have the potential to not only enable payments with Pi but also create new forms of services and business models utilizing Pi’s blockchain technology. This could lead to true innovation that transforms existing financial systems and business practices. Pi Network aims to grow as a platform with such great potential.

What Happens to Our Pi? The Impact of Ventures on Pi’s Value and Usage

“Pi Network Ventures” starts investing in businesses using Pi… What does that mean for the Pi that we have been diligently mining every day? Here, we will tell you what you can expect and what you should know about the value of Pi and how it will be used in the future, which is probably what you are most concerned about.

What Does It Mean to Invest Directly with Pi? Will the “I Want It!” for Pi Increase?

What is noteworthy is that Pi Network Ventures states that it aims to “conduct the majority of its investments directly in the form of Pi”. This means that promising new businesses and services will increasingly receive “Pi” instead of “US dollars” as operating funds.

Since businesses will need Pi to operate and grow, there is a possibility that demand to “buy” Pi will arise in the market. If demand increases, its value is theoretically expected to increase as well. This is an important step for Pi to transform from something merely “held” to something “actually used and sought after”.

Things You Can Buy and Do with Pi Might Increase! Expanding Ecosystem

If many promising projects are nurtured by Pi Network Ventures, the services, goods, and applications that can be used with Pi will steadily increase. This is the “activation of the ecosystem”. The ways you can use your Pi will expand, and you might feel the benefits of holding Pi more concretely.

For example, subscribing to exclusive content from your favorite creator with Pi, or supporting local small businesses by enabling Pi payments, might become a reality. Let’s hope the day comes when the question “What can I use this Pi for?” turns into the joy of “I can do this and that with Pi!”

Hold On! Points to Note – Balancing Dreams and Reality

Here is one important point to note. The activities of Pi Network Ventures are undoubtedly very positive factors for the value and ecosystem of Pi. However, it does not guarantee that the price of Pi will skyrocket immediately or that you will become rich overnight.

The value of cryptocurrencies fluctuates due to many complex factors such as market conditions, project progress, and regulations. Pi Network is trying to build a practical ecosystem from a long-term perspective, and it will take time for the results to appear. It is important not to have excessive expectations like “Since Pi Network Ventures is here, the price of Pi will be 100 times higher tomorrow!” and to calmly and long-term observe the project’s growth.

Also, this article is intended to provide information about Pi Network and does not recommend any specific investment. Please make investment decisions based on your own thorough research and careful consideration.

The Future of Pi Network: Open Network and Dr. Nicolas Kokkalis’s Important Announcement

The evolution of Pi Network is still ongoing. In parallel with the launch of “Pi Network Ventures”, another very important milestone is approaching. That is the transition to the “Open Network”. Furthermore, there is information that an important announcement might be made soon by Dr. Nicolas Kokkalis, one of the founders of Pi Network.

What Changes with the “Open Network”? – Pi Becomes More Free!

Currently, Pi Network is in the “Enclosed Network” phase, where Pi transactions are limited to within the Pi ecosystem. However, transitioning to the “Open Network” will open the way for the Pi blockchain to connect with external blockchains and exchanges, allowing Pi to be traded more freely and exchanged with other cryptocurrencies (however, specific details await official announcements).

This is a very important step for Pi to function as a true global cryptocurrency and can be said to be a development that many users are eagerly awaiting. Attention is focused on future official announcements regarding the timing and specific conditions for the transition to the Open Network.

[Attention!] What is the Future of Pi as Spoken by Founder Dr. Nicolas?

It is reported that he will give a lecture at a large conference held in Toronto, Canada on May 16, 2025.

The community has high expectations that the current status and future prospects of Pi Network, as well as more in-depth information regarding Pi Network Ventures and the Open Network, will be revealed at this event.

Conclusion: Pi Network’s New Challenge Has Just Begun! What We Can Do

The launch of “Pi Network Ventures” is a strong declaration that Pi Network has moved beyond the stage of mere ideas and experiments and has begun to seriously build an ecosystem to create concrete value in the real world. A fund of $100 million clearly demonstrates its seriousness.

Through this article, have you been able to get a glimpse of what Pi Network Ventures aims for and how it might affect the Pi we hold and the future of Pi?

Of course, the journey of Pi Network has just begun. To realize its grand vision, it needs to overcome many challenges and grow together with the community over time. What we users can do is, first and foremost, keep following accurate information, and understand the project’s long-term goals and observe calmly.

And if you are a developer or entrepreneur, you might be able to leverage the opportunities provided by Pi Network Ventures to realize new ideas that enrich the Pi ecosystem.

What kind of changes will Pi Network’s new challenge bring to our future? Let’s watch with anticipation, and hopefully, play a part in its growth. We hope that today’s understanding of “Aha, I see!” will lead to your actions tomorrow of “I want to know more” and “I want to try it”.

This article is created based on the provided source information and general knowledge, and does not recommend specific financial products or investments. Investing in cryptocurrencies involves risks, so please make decisions at your own discretion and responsibility. The exchange rate in the article is an estimate as of May 2025.

What is the True Value of Pi Network? “Pi”, the Core of Web3, and the Future of Data Sovereignty and the Next-Gen Economy (For Beginners)

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Have you heard the name “Pi Network”? Maybe it’s already on your smartphone! In this article, we will explain everything about the cryptocurrency project “Pi Network,” which is currently attracting attention worldwide, from its basics to why it attracts so many people, and how it has the potential to change our future. We will explain it from a perspective that supports Pi Network, making it easier to understand and more passionate than anywhere else! Your questions like “What exactly is Pi?” and “How is it related to Web3?” will surely be resolved.

First, you need to know! What is “Web3” behind the emergence of Pi Network?

To deeply understand Pi Network, it is important to first know about the big wave called “Web3.” Does it sound difficult? Don’t worry! Let’s look together at why Pi Network is called a “new form of the internet.”

Today’s Internet (Web2.0) is convenient, but… whose data is ours?

The social media and search engines we use every day are called “Web2.0.” They are very convenient, but specific large companies manage our data and platforms. This is like a “rental house” where you pay rent to live. In exchange for convenience, our data is often used for corporate profit, and we are bound by platform rules. Haven’t you ever felt, “This data is really mine…”?

Web3 Declaration! Towards an era where “my data is my own” is commonplace

This is where “Web3” comes in. Web3 is also called the third generation of the internet, and it is a concept that aims for a more decentralized internet where users themselves are the true owners of their data. Instead of information and power being concentrated in specific companies, each user can be the protagonist. Pi Network is a project that strongly reflects this philosophy of Web3.

A new form of “trust” realized by blockchain technology

One of the core technologies supporting Web3 is “blockchain.” This is a technology that records information in “blocks,” connects them like a chain, and shares and manages them with all participants. Once recorded, it is very difficult to tamper with, and it is characterized by high transparency. This makes it possible for users to exchange information and value with each other based on trust, without going through a central administrator. Pi Network is also trying to build a new economic zone based on this blockchain technology.

Finally, the main topic! Getting to the core of Pi Network

Now that you have grasped the basic idea of Web3, let’s get to the core of Pi Network! What exactly does Pi Network aim for, what are its characteristics, and what impact does it intend to have on our daily lives?

How to describe Pi Network in one word? ~A cryptocurrency project that anyone can easily participate in~

Pi Network is an innovative project that started with the goal of “allowing anyone to easily acquire (mine) cryptocurrency using a smartphone.” It has opened the door to digital currency for more people by making cryptocurrency mining, which previously required specialized knowledge and expensive equipment, possible with a simple tap on a dedicated app.

Pi Network’s Mission: To make “you” the true owner of your data and dreams

Pi Network aims for more than just creating a new cryptocurrency. It is based on the grand vision of “making you not only the true owner of your data, but also the true owner of your money and your dreams.” With the power of Web3, it is trying to realize a society where each of us can control information and value, and live more freely and richly.

What is the cryptocurrency “Pi”? ~The digital currency of the future~

“Pi” is the native cryptocurrency of Pi Network (the currency unique to its platform). It is currently still in the development phase and is not yet available for trading on general exchanges (as of May 7, 2025), but it is expected to be used for various purposes in the future, such as payment for goods and services within the Pi ecosystem, use of DApps (Decentralized Applications), or exchange with other cryptocurrencies. It is truly the base currency of the Pi Network economic zone.

When did it start? The birth story of Pi Network (along with the history of Web3)

The concept of Web3 was clearly proposed in 2014 by Gavin Wood, co-founder of Ethereum. Pi Network was launched on March 14, 2019 (Pi Day!) by a team of Stanford University graduates, amidst the spread of such Web3 ideas. The philosophy of “cryptocurrency accessible to everyone” deeply resonates with the ideas of decentralization and user sovereignty that Web3 aims for.

Unique Tools Provided by Pi Network: “Pi Browser” and “Pi Wallet”

To experience the world of Pi Network and participate in its ecosystem, there are several dedicated tools. Here, we will explain the role and usage of the particularly important “Pi Browser” and “Pi Wallet,” which manages your Pi.

What’s so great about “Pi Browser,” the dedicated gateway to Web3?

“Pi Browser” is a dedicated web browser provided by Pi Network. It is not just for browsing the internet, but also an important gateway for accessing various DApps (Decentralized Applications) within the Pi ecosystem and using the Pi Wallet.

A notable point of Pi Browser is that “if you have a verified account (KYC), it has the potential to reduce the complexity of traditional wallet connections and allow for a more seamless entry into the world of Web3.” This is a significant strength that lowers the barrier to Web3 use for many people and promotes the use of the Pi ecosystem.

The mechanism of “Pi Wallet” that protects and utilizes your Pi

“Pi Wallet” is a digital wallet for safely storing and sending/receiving the Pi you have earned. Pi Wallet has a “public key (address)” that you share when sending Pi to others, and a “private key (passphrase)” that only you manage strictly. You must never share this private key with anyone else. If it is lost or stolen, you may permanently lose the Pi in your wallet, so self-management is extremely important.

Through Pi Wallet, it is expected that various transactions using Pi will be possible in the future.

Will it affect the future of Pi Network? The importance of “KYC (Know Your Customer)”

If you participate in Pi Network, you will often hear the term “KYC.” Some people may find it “troublesome,” but in fact, this KYC is a very important process for the healthy development of Pi Network and the realization of the future we envision.

Why does Pi Network focus on KYC? ~Preventing fraud and building trust~

KYC stands for “Know Your Customer,” which translates to “identity verification procedure” in Japanese. The main reasons why Pi Network emphasizes KYC are as follows:

  • Ensuring the principle of one person, one account: Prevents unfair acquisition of Pi by fraudulent bots or multiple accounts and maintains the fairness of the network.
  • Improving the reliability of the ecosystem: By verifying that participants are real people, it reduces the risk of fraudulent activities such as scams and money laundering, and enhances the overall reliability of the Pi ecosystem.
  • Compliance with legal regulations: For Pi to be widely used in the future, compliance with legal regulations in each country is essential, and KYC is an important step towards that.

Possibilities beyond KYC: A voting system as a DAO?

KYC may have meaning beyond just a procedure. Source information suggested a very interesting concept: “If KYC is completed worldwide on Pi Network, all democratic countries might be able to hold elections online directly based on blockchain, without using voting machines.” This means that Pi Network has the potential to strengthen its aspect as a DAO (Decentralized Autonomous Organization) in the future and build a transparent and fair decision-making system by community members. The future of Pi Network may be shaped by trusted participants who have completed KYC.

What can Pi Network do in the world of Web3? ~Expectations for DeFi, NFT, and DAO~

Pi Network is a grand project in itself, but within the broader ecosystem of Web3, what role does it play and what future services will it connect to? Here, let’s consider the relationship between Pi Network and Web3 keywords such as DeFi, NFT, and DAO.

The potential of DeFi (Decentralized Finance) in the Pi ecosystem

DeFi (Decentralized Finance) is a system that allows access to financial services without intermediaries like banks. In the future, it is possible that Pi can be lent or borrowed on the Pi Network platform, other assets can be borrowed using Pi as collateral, or decentralized insurance or investment products using Pi may appear. This could provide new financial opportunities to people who previously did not have access to traditional financial services.

What it means to own NFT (Non-Fungible Token) with Pi

NFT (Non-Fungible Token) is a technology that gives unique value to digital data. Within the Pi ecosystem, a future is conceivable where digital art, music, in-game items, or event tickets are issued as NFTs and bought and sold using Pi. Creators can deliver their works directly to Pi users, and Pi users can experience the joy of owning unique digital assets.

Realization of DAO (Decentralized Autonomous Organization) by the Pi community

DAO (Decentralized Autonomous Organization) is an organization where decisions are made by the votes of community members, rather than a specific leader. Pi Network, based on its vast community and KYC system, has the potential to evolve into a true community-driven DAO, where the future direction of the project and the use of development funds are decided by the votes of Pi holders. The realization of “Pi Network created by everyone” may come true.

The Challenges of Pi Network and the Future We Create Together

Every innovative project faces challenges that must be overcome. Pi Network is also facing several challenges in realizing its grand vision. However, this is also an opportunity for us users to contribute to the success of the project.

Scalability, Usability, and Societal Understanding

For Pi Network to accommodate even more users and build a vibrant ecosystem in the future, it needs to address the following challenges:

  • Scalability: The ability to process many transactions quickly and at low cost.
  • Usability: Improving the interface so that people without specialized knowledge can use Pi Wallet and DApps more easily.
  • Social Recognition and Understanding: Deepening society’s overall understanding of cryptocurrency and Web3, and widely recognizing the safety and usefulness of Pi Network.
  • Compliance with Legal Regulations: Appropriately responding to evolving cryptocurrency-related legal regulations in each country.

These are challenges faced by many Web3 projects, not just Pi Network.

Is “It has no value yet” true? The importance of having a long-term perspective

We also hear voices saying, “When will Pi become money?” or “Does it have no value yet?” However, Pi Network is not a project that pursues short-term profits, but a long-term attempt to build a new economic zone and social infrastructure. Instead of judging based only on the current price or exchangeability, it is important to watch and support the project from a long-term perspective, considering the vision it aims for, the progress of technological development, and the growth of the community.

What we Pioneers can do

Pi Network users are called “Pioneers.” We Pioneers can actively participate in the growth of the project, not just acquire Pi.

  • Keep learning: Deepen your knowledge about Pi Network and Web3, and understand information correctly.
  • Participate in the community: Interact with other Pioneers on official forums and social media, and exchange information.
  • Provide feedback: Actively express your opinions on the usability of the app and the project.
  • Try the ecosystem: Try out DApps under development in Pi Browser, or experience sending and receiving Pi on the testnet.

Each of your small actions can become a force that shapes the future of Pi Network.

Summary: Pi Network is a “Invitation to the Future” in Your Hands

So far, we have looked at the charm and potential of Pi Network and its connection to Web3. Pi Network is not just one of many cryptocurrencies; it is a grand attempt to transform the way the internet works and the structure of society itself into something more user-centric and fairer.

Discover the joy of “learning” with Pi Network

Participating in Pi Network is an excellent opportunity to learn about Web3, blockchain, and new forms of economy. Without shying away from it because it “seems difficult,” by gradually absorbing knowledge, your perspective on the future may change.

Experience the joy of “connecting” with Pi Network

Pi Network is a huge community with tens of millions of users (Pioneers) worldwide. Being able to connect with people from diverse backgrounds across borders towards a common goal is a major attraction unique to Pi Network.

Become a member who “creates the future” with Pi Network

Pi Network is not yet a completed project. That is why the contribution of each and every Pioneer greatly influences its future. Why not become a member who creates the history of the new internet?

Turn dreams into reality. Together with Pi Network, towards a new world

As mentioned in the source information, Web3 may hold the power to “turn your dreams into reality.” And Pi Network is trying to deliver that power into the hands of many people. Together with Pi Network, let’s believe in the possibilities of the future opened up by new technology and take a step forward. The Pi app on your smartphone is truly an “invitation to the future.”

Let’s continue this exciting journey together, keeping an eye on the latest information about Pi Network!

May 14, 2025: Predicting the Full Scope of the Major Announcement! Binance Listing Rumors and the Future of KYC/Migration?

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The cryptocurrency project “Pi Network” is the talk of the town. It has gained many users because it allows easy mining on smartphones, and attention is further increasing due to information that a “major announcement” regarding the ecosystem is scheduled for May 14, 2025. In particular, there are many points of interest, such as rumors of listing on Binance, one of the world’s largest cryptocurrency exchanges, the progress of KYC (Know Your Customer), and the advancement of migration to the mainnet. This article provides a thorough prediction and explanation of Pi Network’s basics, latest trends, and what might be revealed in the upcoming announcement, based on objective information and presented in an easy-to-understand manner for those without specialized knowledge. If you’re wondering, “I’ve been hearing a lot about Pi Network lately, but what’s so great about it?” or “What will happen to Pi Network in the future?”, please read on to the end!

What Exactly is Pi Network? A Basic Explanation for Beginners

First, let’s review the basics: “What is Pi Network?” In this section, we will gently explain what kind of project Pi Network is, what it aims to achieve, and why it has attracted so many people, avoiding technical jargon.

Pi Network is a cryptocurrency project launched in 2019 by Dr. Nicolas Kokkalis and Chengdiao Fan, who hold PhDs from Stanford University. Its biggest feature is that anyone can easily “mine” their own cryptocurrency called Pi Coin using a smartphone app. Normally, cryptocurrency mining requires high-performance computers and specialized knowledge, but Pi Network aims to make this more accessible.

You might be concerned, “But won’t mining on a smartphone consume a lot of battery?” Pi Network does not use a mechanism like the computational competition adopted by Bitcoin (Proof of Work). Instead, it employs a unique consensus algorithm based on trust relationships among users (similar to the Stellar Consensus Protocol), aiming to secure the network while reducing energy consumption. This ease of use and the expansion of the community through referrals are some of the reasons why it has gained many users (“Pioneers”) worldwide.

Easy Mining on Your Smartphone? How Pi Network Works

The mechanism is simple: install the Pi Network app and tap it once a day to continue mining. This is like proof that you are contributing to the network’s activity. No complicated settings or operations are required, making it easy for those new to cryptocurrency to get started. Some people might feel uneasy because it seems too simple, but this is because Pi Network has the vision of “cryptocurrency accessible to everyone.”

Aiming for “Cryptocurrency for Everyone” – Its Vision and Potential

Pi Network’s big goal is to become a decentralized digital currency that can be used daily by more people, not just a few experts or investors like Bitcoin. The project team aims to build its own economic ecosystem where goods and services can be traded using Pi. If this is realized, the way we shop and send money might change.

Pi Network So Far: From Test Phase to Open Mainnet

Pi Network has gone through several development phases. Initially, it was operated on a testnet (a testing network) where functional improvements and security enhancements were made. There is also information that the “Open Mainnet,” a more serious operational phase, was launched on February 20, 2025. This is a crucial step for Pi Coin to connect with external wallets and exchanges and gain practical value. However, at present, completely free trading is not yet widespread, and the future development of the ecosystem is key.

Attention! May 14, 2025, What Will Be Announced? CoinDesk Event and Nicolas Kokkalis’s Appearance

Now, let’s get to the main topic. Pi Network has announced that it will make an important announcement regarding its ecosystem on the first day of “Consensus 2025” (hosted by CoinDesk), a global conference on cryptocurrency and blockchain technology, held in Toronto, Canada, from May 14 to 16, 2025. In this section, we will explore why this announcement is attracting attention and what can be expected from the appearance of Nicolas Kokkalis, one of the founders.

The fact that Pi Network is making an announcement at such a large-scale international event can be seen as a sign of the project’s confidence. Normally, Pi Network would report after a new feature was implemented, but this time, the fact that they are announcing a “major announcement” in advance is unusual and is raising expectations within the community.

What is “Consensus 2025”? A Major Event Watched by the World

“Consensus” is one of the world’s most influential events, bringing together leaders, developers, investors, and regulators in the cryptocurrency and blockchain industry. An announcement here has the potential to improve the project’s credibility and lead to new partnerships. What will Pi Network say on such a grand stage?

Why Announce in Advance? What is Pi Network’s Aim?

Several aims can be considered behind the decision to announce in advance. One is to increase community engagement and build anticipation. Another is to attract the attention of media, potential investors, and developers, further increasing the project’s recognition. It could be seen as a stepping stone to the next big phase.

What is the Future of Pi Network as Told by Founder Nicolas Kokkalis?

It has been reported that Nicolas Kokkalis, one of the founders of Pi Network, will speak at the event. It is possible that he will speak about Pi Network’s achievements so far and its specific future roadmap and vision. In particular, if he mentions the challenges the project is facing and how they plan to overcome them, the community’s trust will deepen further.

[Bold Prediction ①] Most Likely? Possibility and Basis for Listing on Binance

The most anticipated aspect of this announcement is the possibility of Pi Network being listed on Binance, one of the world’s largest cryptocurrency exchanges. If realized, it could significantly impact Pi Network’s value and recognition. In this section, we will organize the background and basis for the listing rumors, as well as the potential benefits and risks if it becomes a reality.

Listing on Binance is a major goal for many cryptocurrency projects. This is because Binance has many users worldwide and a very large trading volume, so listing on it can significantly improve the liquidity (ease of trading) of the cryptocurrency and have a significant impact on price formation. Furthermore, being listed on Binance, known for its strict screening criteria, can serve as proof of the project’s reliability itself.

Why the Rumors? What is the Connection to the XLM Blockchain? (Based on Source Information)

In the YouTube video that is the source of this information, reasons cited for the high possibility of Pi Network listing on Binance include past instances where “Pi was deposited into an XLM (Stellar) deposit address” and the fact that “the XLM and Pi blockchains are similar.” Furthermore, information that “there was testing activity related to Pi Network in Binance’s Stellar deposit wallet” has recently become a topic of discussion within the community. If these are true, it might suggest that some preparations are underway behind the scenes.

However, this information is currently just rumors and speculation. It is important to carefully evaluate the information until an official announcement is made.

What Happens if Binance Listing is Realized? Expected Benefits and Potential Risks

If Pi Network is listed on Binance, the following benefits can be expected:

  • Increased Pi Coin trading activity: More people will be able to buy and sell Pi Coin, increasing liquidity.
  • Potential for price increase: Generally, listing on a major exchange is often seen as a positive factor for the price.
  • Improved project credibility: Passing Binance’s screening increases confidence in the project.
  • Accelerated ecosystem expansion: Increased attention may lead more people to develop new services and applications (DApps) using Pi.

On the other hand, the following risks and points to note should also be considered:

  • Increased price volatility: Immediately after listing, the price may surge due to anticipation, but there is also a risk of a sharp drop due to profit-taking sales, etc.
  • Increase in speculative trading: Trading aimed at short-term price fluctuations, rather than the project’s intrinsic value, may increase.
  • Disappointment if expectations are not met: If the listing does not materialize or the price after listing does not rise as expected, disappointment may spread within the community.

The Future of Pi Coin: KYC Deadline Approaching! Explaining Binance Listing and Price Potential

Let’s Evaluate Calmly: The Boundary Between Official Information and Rumors at Present

As reiterated, information regarding Binance listing is currently not officially announced by Pi Network or Binance. Whether this point is mentioned in the May 14 announcement is one of the biggest focal points, but until then, it is important to follow the information calmly without being swayed by rumors. There is also information that Binance previously considered deciding the listing of Pi Coin through a community vote, but it is unclear what happened to this as an official process.

[Bold Prediction ②] How Will the Ecosystem Evolve? The Importance of KYC and Migration

In addition to the rumors of Binance listing, announcements aimed at strengthening Pi Network’s own “ecosystem” are also expected. Particularly important are the progress of the KYC (Know Your Customer) process and “migration” (transition to the mainnet) to make Pi Coin fully usable. In this section, we will explain why these are important and what updates might be possible.

To realize Pi Network’s goal of “cryptocurrency for everyone,” building a robust and reliable ecosystem is essential. For this, KYC and migration are unavoidable paths.

PiNetwork Ecosystem Expansion – Collaboration with Multiple Blockchains and Future Potential

“KYC” to Protect Your Pi: Why is it Necessary? Future Updates?

KYC stands for “Know Your Customer,” which translates to “identity verification” in Japanese. It is the procedure for financial institutions and others to verify the identity of their customers when providing services. Why is KYC important for Pi Network?

  • Prevention of fraudulent use: It prevents a single user from obtaining an unfairly large amount of Pi Coin using multiple accounts or from being used for fraudulent activities such as money laundering.
  • Improved network reliability: The overall reliability of the network increases when all participants are verified as real individuals.
  • Compliance with legal regulations: It may be necessary to comply with laws and regulations in various countries and operate as a sustainable project.

Pi Network has been advancing the KYC process for some time, and many users have already completed verification (information suggests over 18 million as of December 2024). However, many users are still waiting for verification, and there is a demand for a smoother and faster KYC process. In this announcement, major updates regarding KYC, such as improving KYC processing capacity or introducing new verification methods, may be announced.

You might feel that “KYC is a hassle…”, but this is a very important step to protect the value of the Pi Coin you hold and for the healthy development of the entire Pi Network.

How Will Pi Change with “Migration”? What is Second Migration?

Migration, simply put, is like “moving house.” It refers to the process of transferring the Pi Coin you have mined on the testnet to your wallet on the “mainnet,” the production environment where value can actually be exchanged. Only after this is completed can you truly own Pi Coin and potentially use Pi for transactions in the future. Pi Network is already proceeding with migration to the mainnet, which is called “First Migration.” The source information also mentions “Second Migration,” which likely refers to the next phase of efforts to facilitate the migration of even more users or improve the migration process.

In this announcement, sharing of migration progress and future migration plans, especially specific details regarding “Second Migration,” may be revealed. Enabling more users to smoothly migrate to the mainnet is essential for the activation of the ecosystem.

Will Pi’s Value Increase with Ecosystem Enhancement? Announcement of Developer Tools?

The value of Pi Network increases not only through trading on exchanges but also by increasing the places and services (DApps: Decentralized Applications) where Pi Coin can actually be used. Therefore, creating an environment where developers can easily develop attractive apps on the Pi Network platform is also important. The source information mentions that “a large number of developer ecosystem applications are under review,” and in this announcement, new tools or support programs for developers, or the introduction of promising DApps that are already under development, may be announced. This holds the expectation that the Pi Network ecosystem will expand rapidly.

To Avoid Getting Lost in the Sea of Information: What We Should Keep in Mind

We have looked at various predictions and possibilities so far, but it is also important to maintain a calm perspective when encountering new information. In this section, we will think together with readers about points to note when gathering information about Pi Network and how to approach expectations.

Especially for projects like Pi Network, where the community is active and various information is flying around, selecting information is very important. The feeling of anticipation, “Maybe something amazing will happen!”, is exciting, but we also want to maintain calmness at the same time.

Rumors and Expectations First? Get in the Habit of Checking Official Information

The predictions regarding the possibility of Binance listing and the evolution of the ecosystem introduced in this article are also based solely on current information and the YouTube source information. The most reliable source is the official announcement from the Pi Network operating team (Pi Core Team). Get in the habit of regularly checking the official website, official social media accounts (like X), and in-app announcements. Be careful not to be swayed by uncertain information or information that is merely personal speculation.

“You’ll Definitely Make Money” is a Danger Signal! Understand the Risks of Cryptocurrency Investment

Not limited to Pi Network, investment or participation in cryptocurrency always involves risks. There is a possibility of significant price fluctuations, and there is also a non-zero possibility that the project may not proceed as expected. Be wary of sweet words like “You’ll definitely make money” or “You’ll lose out if you don’t join now.” It is important to understand that Pi Network is still a developing project, and its future is largely unknown. This article is not intended as investment advice. Please gather information and participate in the project based on your own judgment and responsibility.

Community Voices and Project Progress: Balanced Information Gathering

One of the big attractions of Pi Network is its active community. The opinions and discussions of other users can be helpful, but on the other hand, they can also be biased towards enthusiastic opinions or unfounded optimism. While listening to the voices of the community, it is important to maintain a balanced perspective by comparing them with objective information such as the project’s technical progress and official announcements.

Summary: What Will the Future of Pi Network Be? Let’s Watch with Expectation and a Calm Perspective

Finally, the summary. Pi Network is a unique project that sets a grand vision and continues to evolve with many users. Expectations are high for how this major announcement will accelerate its progress. Finally, let’s reconfirm how we should approach the future of Pi Network.

The Pi Network ecosystem announcement on May 14, 2025, has the potential to be a major turning point for the project. Many expectations are placed on it, such as rumors of listing on Binance, further progress in the KYC process, acceleration of migration, and the emergence of new DApps that enrich the ecosystem.

However, no matter what announcement is made, Pi Network’s journey has just begun. A sense of “Ah, I see!” along with a desire to learn more and try it out might be the key to enjoying this new technology.

When encountering new information, don’t forget to maintain a calm perspective along with expectation, and wait for the official announcement. And it is important to evaluate the information yourself and watch how the Pi Network project has the potential to change society from a long-term perspective.

We hope this article helps you understand the latest trends in Pi Network and pay attention to future developments. We wish your Pi Network life will be richer and more exciting!

What do you think about the content of this announcement? Please share your opinions in the comments! Also, keep an eye on Pi Network’s official announcements and continue to check for the latest information.

Will Pi Network Make a Global Leap at Consensus 2025? A Deep Dive into the Founder’s Speech, Binance Listing Speculation, and the Future of Public Consensus

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Pi Network is attracting attention as it has been reported by multiple sources that it will participate as an official sponsor in “Consensus 2025” (May 14-16, 2025, held in Toronto), one of the world’s largest conferences on cryptocurrency and blockchain technology, and that co-founder Dr. Nicolas Kokkalis will speak. This participation is a major step forward for the project and raises expectations for important announcements, such as the mainnet launch that the Pi community has been eagerly awaiting.

Consensus 2025 Official Page

https://consensus2025.coindesk.com/

You can confirm that Nicolas’s profile is on the speakers page.

What is the Consensus Conference? The World’s Largest Web3 Event

First, let’s deepen our understanding of the “Consensus Conference.” Founded in 2015 by major blockchain media outlet CoinDesk, this conference is considered one of the world’s most influential annual events in the fields of cryptocurrency, blockchain, and Web3. It serves as a venue where developers, investors, project founders, policymakers, and others gather to discuss the latest technology trends, investment opportunities, regulatory directions, and more.

The conference held in Toronto, Canada, from May 14 to 16, 2025, marks the 10th anniversary of Consensus. It is said that over 15,000 participants from more than 100 countries and over 500 prominent speakers gather each year, indicating its scale and influence. Many prominent figures in the industry have spoken in the past, making it an event truly referred to as the “Academy Awards” of the cryptocurrency and Web3 industry.

Pi Network’s Participation and Its Significance: Dr. Nicolas to Speak

This time, it is reported that Pi Network has been listed as an official sponsor for Consensus 2025, and it has been confirmed that Dr. Nicolas Kokkalis, a central figure in the project, will speak as a speaker. (Note: Although listed on the Consensus official website’s speaker list as of the time of writing (May 3, 2025), specific lecture details have not yet been announced).

Dr. Nicolas’s appearance holds extremely significant meaning for Pi Network. He is an expert who has researched blockchain and distributed systems at Stanford University and is the soul supporting Pi Network’s technical foundation and vision. His speaking on a global stage about Pi Network’s philosophy, technical progress, and the latest information regarding the mainnet opening that many users are eagerly awaiting will be an excellent opportunity to showcase the project’s credibility and future potential to the world.

What is Pi Network? – From Mobile Mining to Web3 Ecosystem

Let’s review Pi Network again here. Launched in 2019 by Stanford University graduates, this project’s biggest feature is the ease of “mining with a smartphone.” It has set its mission to make cryptocurrency accessible to everyone without requiring special expensive equipment.

As a result, it is said to have formed a user community of “Pioneers” on a scale of 60 million people worldwide. According to official announcements (December 2024), over 18 million people have completed identity verification (KYC), and over 8 million people have completed the migration to the mainnet. In terms of technology, it adopts a unique consensus mechanism based on the Stellar Consensus Protocol (SCP), appealing to its high energy efficiency compared to Proof-of-Work (PoW) methods like Bitcoin, while maintaining security and decentralization.

Furthermore, Pi Network is not just a cryptocurrency; it aims to build an open ecosystem that supports various applications such as payments, social networking, gaming, and e-commerce in the future, with the goal of becoming a “passport to the Web3 world.”

Overcoming Skepticism: Pi Network’s Challenges and Growth

Pi Network’s journey has been far from smooth. In the early stages of the project, it was exposed to skeptical opinions such as “it’s just a smartphone app” or “it’s worthless points,” and harsh criticism like “isn’t it a scam?” The mechanism of being able to mine for free may have also created some distrust.

However, the Pi Network team has continued steady development, prepared for the migration from the testnet to the mainnet, and built a massive community. The sponsorship participation in Consensus 2025 and Dr. Nicolas’s appearance can be seen as evidence that these efforts have borne fruit, the project has gained a certain level of recognition, and it is demonstrating a solid presence in the cryptocurrency industry. It is believed that the result of responding to past doubts with actions and achievements has opened the way to such a global stage.

What to Expect at Consensus 2025?

With Pi Network participating in Consensus 2025 and Dr. Nicolas speaking, what kind of announcements and information disclosure can be expected? Several possibilities can be considered.

  • Mainnet Open Timing: What the community is most focused on is the specific timeline for the general release of the mainnet (Open Mainnet). Pi Network has announced that it aims to start the open network in the first quarter (Q1) of 2025, but it will be interesting to see if Dr. Nicolas makes an announcement at Consensus regarding a more detailed roadmap, progress, or a definitive date. If this is realized, the liquidity and usability of Pi could dramatically improve.
  • Ecosystem Progress: Specific application examples of Pi in areas such as payments, e-commerce, social, or the metaverse, or demonstrations regarding applications under development (Pi Apps) may be held. If concrete use cases for Pi are shown, the project’s potential will become clearer.
  • Web3 Strategy: What role Pi Network intends to play in the world of Web3, the decentralized internet. The vision and plans for making decentralized applications (dApps) easily accessible to general users may be discussed.
  • Partnerships and Collaborations: The Consensus conference is an excellent opportunity for networking with other projects and investors. For example, new partnerships may be revealed, such as collaboration with oracle services like Chainlink or cooperation with major payment companies like PayPal, although the possibility is not zero.

The Power of Community: The Driving Force Behind Pi Network

The existence of a passionate community around the world is indispensable to the background of Pi Network’s growth to this day. Users who mine daily, node operators who contribute to network stability, and people who provide feedback on the project. The activities of each of these individuals are the driving force behind Pi Network.

Participation in Consensus 2025 is an achievement not only for the development team but also for all Pi supporters, and can be said to be one answer to their past contributions. As a decentralized project, the voice of the community has always been emphasized. This conference will also be an opportunity to show the world that Pi Network is not just a project, but a future being built by many people.

Expectations for Pi Network’s Next Chapter

Pi Network’s participation as an official sponsor in the Consensus 2025 Toronto conference and the appearance of Dr. Nicolas Kokkalis will be a groundbreaking event for the project. Through this global stage, Pi Network is expected to showcase its technology, ecosystem, and grand vision to the world.

Much anticipation is building regarding the mainnet release timing, concrete progress in the ecosystem, and its role in Web3. For long-time users and those who are just starting to take an interest in Pi Network, the developments at Consensus 2025 are likely to be unmissable.

Shift Towards Transparency and Expected Announcements

For many years, the Pi Network team has been seen as a “mysterious entity” due to its reserved stance. However, with the operation of the mainnet (or its preparation) and the maturation of the ecosystem, the team is gradually shifting towards increasing openness and transparency. This stance may become even clearer at Consensus 2025. Specifically, the following announcements are expected:

  • Mainnet Governance Details: Such as voting mechanisms showing how the community can participate in network decision-making.
  • Initial Results of Global Payment Pilots: The results of the Pi Coin payment function launched in cooperation with physical merchants in many countries and regions.
  • Next Phase of Ecosystem Development: Expansion of ecosystem applications, deepening of developer incentives, plans for introducing cross-chain bridge technology, promotion of global payment compliance, etc.

These announcements will demonstrate that Pi Network is steadily evolving from a mere concept into a practical digital economic platform.

Possibility of Binance Listing: Community Expectations and Reality

One of the topics causing the most heated discussion within the Pi Network community is the possibility of a listing on Binance, the world’s largest cryptocurrency exchange. This speculation is fueled by several factors.

Binance’s New Listing Policy and Past Community Votes

Binance recently reviewed its listing process and introduced mechanisms such as “Vote to List,” showing a stance of placing more importance on community opinions. Prior to this, in early 2025, a community vote regarding the listing of Pi Network was held on the Binance platform, and it was reported that the overwhelming result was that over 85% of voters supported the listing. From these movements, expectations are rising that “Pi Network’s Binance listing may be near.”

Feasibility of Listing: Still Unclear

However, as of the current time (May 3, 2025), there has been no official listing announcement from Binance. While the community’s enthusiastic support is a fact, the final listing decision depends on Binance’s own due diligence, risk assessment, market conditions, and other factors. Also, some information suggests that Binance’s “Vote to List” is limited to projects based on the BNB Chain, implying the possibility that Pi Network may not be eligible for this program. It can be said that the situation regarding Pi Network’s listing still has many uncertain elements.

Ecosystem Expansion and Real-World Use

The true value of Pi Network lies not just in mining but in its connection to real-world use. The project aims to make Pi Coin usable in real economic activities and has already started Pi Coin payment pilot programs with some independent e-commerce platforms and physical merchants in multiple regions. The convenience of easily making payments with a mobile app, from buying coffee to paying for daily necessities, brings benefits to both users and merchants. Furthermore, it provides an SDK (Software Development Kit) for developers, encouraging developers worldwide to build diverse applications on the Pi Network, which is expected to lead to further expansion of the ecosystem.

Summary: Will Pi Network Usher in a New Era of Cryptocurrency?

Based on its unique philosophy of easy smartphone mining and public consensus, Pi Network is trying to open up cryptocurrency to more people. Participation in Consensus 2025 and the founder’s speech could be a significant turning point for the project to move to the next stage. Speculation regarding a Binance listing remains fluid, but it indicates strong community expectations.

There are still many challenges that Pi Network must overcome, such as the transition to the open mainnet, completion of the KYC process, ecosystem expansion, and widespread real-world use. However, its unique approach and massive community hold the potential to bring new possibilities to the world of cryptocurrency. Whether Pi Network can truly realize a new era of digital economy “built and owned by the public” remains to be seen, and future developments will be worth watching closely.

Will Pi Network’s Future Change? A Detailed Explanation of the Impact of Banxa’s KYB Approval!

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New Developments in Pi Network! What Does Banxa’s KYB Approval Mean?

The cryptocurrency project “Pi Network,” which has attracted attention for allowing mining on smartphones. Recently, there has been a significant development within the Pi Network ecosystem. “Banxa,” a company providing cryptocurrency payment services, has passed Pi Network’s KYB (Know Your Business) verification.

Many of you may have wondered, “What kind of company is Banxa?”, “What changes with KYB approval?”, or “Can it be used in Japan?”. This article will explain in an easy-to-understand way about the company Banxa, how this KYB approval will affect Pi Network users and the entire ecosystem, and also whether users in Japan can use it.

What Kind of Company is Banxa? A Bridge Between Fiat Currency and Cryptocurrency

Banxa Holdings Inc. is a fintech company that provides infrastructure for smooth exchange between fiat currencies (such as Yen and Dollars) and cryptocurrencies (such as Bitcoin and Ethereum).

Banxa Company Overview

Item Details
Year Established 2014
Headquarters Location Melbourne, Australia
Main Business Provision of Cryptocurrency Payment Infrastructure (Web3 On/Off Ramps)
Service Details Brokerage for Buying/Selling Cryptocurrency/NFTs with Fiat Currency
Business Expansion Regions Global (North America, Europe, etc.)
Listed Markets TSXV (Canada), OTCQX (USA), FSE (Germany)
Relationship with Pi Network Official Partner who has passed KYB (Know Your Business) verification

The Importance of “KYB Verification” in Pi Network

KYB (Know Your Business) is like the corporate version of identity verification (KYC: Know Your Customer). It is a process where Pi Network reviews and verifies whether companies it partners with are real, legally operating, etc.

Pi Network emphasizes KYB for the purpose of improving ecosystem safety, ensuring overall project reliability, and future mainstreaming (penetration into society). KYB is an essential step in eliminating fraudulent companies and building a foundation for regulatory compliance.

Specific Impacts Brought by Banxa’s KYB Approval

So, what specific changes can be expected now that Banxa has passed Pi Network’s KYB verification? Here are the main impacts summarized by target.

Impacts of KYB Approval

Target Expected Benefits/Impacts
Pi Network Users
  • Possibility of Safe and Legal Pi Purchase Methods: Opens the way to purchase Pi with fiat currency (e.g., USD) via a trusted platform. (*Availability depends on Banxa’s supported countries and currencies)
  • Improved Convenience: If purchases with credit cards etc. become possible, access will be easier.
Pi Network Ecosystem
  • Increased Reliability and Security: Collaboration with verified companies enhances the overall safety of the ecosystem.
  • Promotion of Global Adoption: Potential expansion of regions where Pi can be used through Banxa’s network.
  • Progress Towards Mainstreaming: Collaboration with regulatory-compliant companies is a step towards greater social acceptance.
Banxa (Company)
  • New Business Opportunities: Access to Pi Network’s massive user base.

Can Japanese Users Use It? Current Situation and Points to Note

While we have discussed the benefits of Banxa’s KYB approval so far, it is considered unlikely that Japanese users can purchase Pi using Japanese Yen or other currencies through Banxa at this time (May 2025).

The main reasons are as follows:

  • Japanese Regulations: To provide services for buying and selling crypto assets (virtual currency) using fiat currency in Japan, registration as a “Crypto Asset Exchange Service Provider” with the Financial Services Agency is mandatory. There is currently no information indicating that Banxa has completed this registration.
  • Banxa’s Japan Support: It is currently unclear whether Banxa has officially launched services for the Japanese market.

In conclusion, for Japanese users to be able to trade Pi through Banxa’s services, the conditions for Banxa to obtain approval from Japanese regulatory authorities (Financial Services Agency) must be met. Until then, please wait for official announcements from the official sources. Be very careful with unofficial information or services.

Summary: A Step Towards Pioneering the Future of Pi Network, But Understanding the Current Situation is Also Important

Banxa’s KYB verification approval in Pi Network is bright news indicating the project’s future potential. It raises expectations for a safer and more convenient user environment for users, and for increased reliability and accelerated global adoption for Pi Network.

However, it is important to understand that, especially for Japanese users, it is not immediately available. Based on regulations and project progress, let’s calmly observe future developments.

Could This Change Pi Network’s Future? The Potential Integration of PiCoin and ‘Bank Blockchain’ – A Deep Dive into Pi Fortune Market Trends

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Disclaimer: The information provided in this article is for educational and informational purposes only. It should not be interpreted as financial advice. Before making any investment decisions, please conduct your own research and consult with a qualified professional.

Hello everyone interested in cryptocurrency and blockchain technology. An interesting development is attracting attention within the Pi Network ecosystem. Information suggesting that Pi Fortune Market may support the integration of PiCoin into a “banking blockchain” is becoming a hot topic within the community.

This news comes shortly after the Pi Network transitioned to the Open Mainnet on February 20, 2025, and has garnered significant interest within the community. In this article, we will delve into what this potential integration means, how it might affect the Pi Network and its users, and the challenges ahead.

New Possibilities Suggested by Pi Fortune Market

Pi Fortune Market is one of the platforms operating within the Pi Network ecosystem. According to information within the community, there is discussion about the possibility of opening the way for PiCoin to be utilized as a more practical financial tool. However, specific details regarding the “banking blockchain” integration and official announcements are limited at this time, requiring careful assessment.

Until now, PiCoin has primarily been driven by expectations of future value appreciation and limited use within the ecosystem. If integration with the financial system is realized, a future where PiCoin can be seamlessly used in daily financial activities may draw closer. This could be an ambitious attempt to merge decentralized cryptocurrency with traditional financial systems.

What is a “Banking Blockchain”?

In the context of Pi Fortune Market, the term “banking blockchain” likely refers to a mechanism that merges traditional banking systems with blockchain technology. However, specific details about the system or potential partners have not been publicly disclosed at this time. Pi Network has previously explored interoperability with other blockchains like Binance Smart Chain via Pi Bridge, suggesting that such technical foundations might be in the background.

Blockchain technology is expected to be applied in the financial sector due to its characteristics such as high security, transaction transparency, and efficient processing. In traditional banking systems, multiple intermediaries are involved in processes like remittances, which can be time-consuming and costly. By utilizing blockchain, these processes could be streamlined, potentially enabling fast and low-cost transactions.

Blockchain technology enables faster transactions and cost reduction. If PiCoin can integrate with such systems, users may be able to enjoy more efficient financial services.

Potential Benefits of PiCoin Integration

If PiCoin were to integrate with the financial system, it could bring the following benefits to the Pi Network ecosystem and PiCoin holders:

Transaction Efficiency

The introduction of blockchain technology is expected to improve transaction processing speed and reduce fees. If PiCoin becomes usable for daily payments and remittances, users may be able to conduct transactions faster and cheaper than with traditional banking services.

Improved PiCoin Utility

For PiCoin, which has been seen as having “future potential but limited utility” until now, such integration could be a turning point. If PiCoin can be utilized for specific purposes such as purchasing goods and services or low-cost international remittances, its value will likely increase significantly.

  • Payment for goods and services using PiCoin
  • Low-cost international remittances

Improved utility can boost user engagement and further attract interest in the Pi Network. Pi Network already boasts over 70 apps within its ecosystem and over 60 million users, forming a large community. Leveraging this foundation, there is potential to increase its presence in the global cryptocurrency market.

Challenges to Overcome

While expectations are high, realizing such a plan requires overcoming several challenges.

Strengthening the KYC Process

As integration with the financial system progresses, the Know Your Customer (KYC) process becomes indispensable. Pi Network employs decentralized KYC and is verifying the identities of millions of users as of 2025, but a more stringent and scalable system will be required. If KYC is cumbersome or there are security concerns, there is a risk of losing user trust.

Addressing Price Volatility

PiCoin is currently not officially listed on major exchanges, but it is traded as an IOU on some platforms, with the price hovering around $0.7 to $0.8. After the Open Mainnet, if market trading becomes full-fledged, the risk of price volatility may increase. Efforts to build a stable ecosystem and curb rapid price fluctuations are important.

Challenges are also opportunities for growth. The key lies in whether Pi Network can build a sustainable ecosystem by strengthening its infrastructure and advancing regulatory compliance.

Regulation and the Future of Pi Network

As cryptocurrency becomes more integrated into society, the actions of regulatory authorities are also a crucial factor.

Regulatory Compliance

If PiCoin deepens its integration with the financial system, compliance with regulations such as Anti-Money Laundering (AML) and Counter-Financing of Terrorism (CFT) will be required. A clear regulatory environment leads to user protection and improved project credibility. Whether Pi Network can cooperate with regulatory authorities and ensure transparency will be key to long-term success.

Potential in DeFi

In the future, PiCoin may play a role in the field of Decentralized Finance (DeFi). By serving as a bridge connecting traditional finance and blockchain-based services, it may be able to present a new form of finance.

Conclusion: Anticipating a New Step

The possibility of PiCoin and “banking blockchain” integration suggested by Pi Fortune Market may bring new vitality to the Pi Network ecosystem. The fusion of blockchain technology and the financial system has the potential to enhance PiCoin’s utility and increase the project’s value.

On the other hand, challenges such as strengthening KYC, addressing price volatility, and complying with regulations also exist. If these are overcome and the plan is realized, PiCoin may evolve from a speculative asset into a presence rooted in daily financial activities.

Attention is focused on the future developments of Pi Network and the potential of this integration. We may be at the threshold of a new era where cryptocurrency shapes the future of finance.

Disclaimer Again: This content is provided for educational purposes and is not financial advice. Investment decisions should be made based on your own judgment and responsibility, or after consulting with a professional.

Pi Network Now Available on Banxa Payment Solution!

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Early April 2025, Pi Network (abbreviated as PI) showed astonishing price movements. Around the 5th of the same month, it recorded a temporary surge of as much as 100% from its lowest price of $0.40 to a relative high of $0.80, after which it hovered around $0.65. What was behind this dramatic price fluctuation? Was it merely a temporary rise due to market liquidity absorption, or was there some significant underlying factor? This article delves into the truth behind the Pi Network price surge (at that time) and what it signifies.

Direct Trigger for the Price Surge: Banxa Starts Supporting PI Purchases

The main factor behind the price increase at that time was that “Banxa,” a provider offering fiat currency and cryptocurrency payment solutions, began supporting the purchase of Pi Network through its platform.

This support made it easier than ever for users to purchase Pi Network tokens (PI). Specifically, it became possible to directly purchase PI using common payment methods such as:

  • Apple Pay
  • Google Pay
  • Mastercard
  • Visa

This represents a significant change from the traditional purchase process. Previously, to purchase PI, users had to use specific cryptocurrency exchanges and, in many cases, first exchange fiat currency like USD for stablecoins like USDT (Tether). However, with Banxa’s support, it became possible to skip this intermediary process and purchase PI directly using credit cards or mobile payment services. This made access to Pi Network significantly easier, even for users unfamiliar with cryptocurrency trading.

More Than Just Convenience: The Significance of Banxa Support

However, the significance of Banxa’s listing is not just that purchasing became easier. Experts regarded this as a very important milestone for Pi Network.

This is because the fact that a payment solution provider like Banxa started supporting the purchase of Pi Network means that Pi Network is gaining attention in the cryptocurrency industry and has the potential to influence discussions about its legitimacy.

At the time, many investors were skeptical about Pi Network, viewing it as a “scam” or a “disappointment.” However, the announcement of Banxa’s purchase support was seen as having the potential to overturn such negative perceptions and fundamentally change the view of Pi Network.

In other words, the price surge seen during this period might have indicated not just a technical analysis trend reversal, but also a significant turning point in terms of investor sentiment (fundamentals) regarding the project’s legitimacy and future prospects.

Overall Market Trends and Future Outlook

Although there was groundbreaking news about Banxa’s listing, it is premature to assume that the price of Pi Network will continue to rise in a straight line. It is important to remember that Pi Network is also one of the altcoins significantly influenced by the overall cryptocurrency market, especially the price movements of Bitcoin (BTC).

The cryptocurrency market has an unstable side, influenced by macroeconomic factors such as US monetary policy and global trade friction. These external factors affect the prices of altcoins, including Pi Network, through Bitcoin.

Therefore, even with positive news at the time, a sudden explosive price increase (“To the Moon”) was not guaranteed unless the overall market sentiment improved.

However, from a long-term perspective, this Banxa support was considered positive news for Pi Network. The accumulation of such positive news during a relatively sluggish market period is believed to hold the potential for accumulated energy to be released all at once when market sentiment improves and a bull market arrives in the future, leading to a significant price increase.

In fact, the very fact that Pi Network recovered its main price range of $0.60 and saw a 100% increase in a short period following the events at that time indicated its high potential. This is a phenomenon not often seen in many other cryptocurrencies.

Investment Precautions

While positive news about Pi Network is increasing, calm judgment is always required when investing. The content stated in this article does not recommend specific investment actions.

Investing in cryptocurrency involves price fluctuation risks. Any investment decision should be made at your own risk, after sufficient information gathering and research (DYOR – Do Your Own Research).

[Supplement] Currently, “PI” being traded on some exchanges and platforms may be an IOU (I Owe You) or something similar issued before the official launch of the Pi Network mainnet. This promises to be exchanged for actual Pi tokens when the mainnet is launched in the future, but its value or exchange is not guaranteed. It is important to fully understand this point when considering investment.

Summary: The Beginning of a New Chapter for Pi Network?

Banxa’s support for purchasing Pi Network was not just a technical update or convenience improvement, but a significant event with the potential to increase the project’s attention and change investor perception.

This made Pi Network more accessible to more people, while also raising expectations for improved project credibility. Although short-term movements are influenced by the overall market, from a long-term perspective, this news was seen as a bright sign for the future of Pi Network.

Moving forward, it will be necessary to continue watching how Pi Network launches its mainnet and what role it will play in the decentralized world.

Pi Network’s Open Mainnet Launch and E-commerce DApps Rollout

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Pi Network, which is attracting attention in the world of cryptocurrency, officially launched its Open Mainnet on February 20, 2025, and is expanding its e-commerce related DApps (Decentralized Applications). This article provides a detailed explanation of Pi Network, from its basic concepts to its latest developments.

What is Pi Network? A Next-Generation Cryptocurrency Project You Can Join with Your Smartphone

Pi Network is a cryptocurrency project founded in 2019 by researchers from Stanford University. A major difference from typical cryptocurrencies is that it does not require dedicated, expensive mining equipment; anyone can easily participate in “mining” through a smartphone app.

Founders Dr. Nicolas Kokkalis, Dr. Chengdiao Fan, and Vincent McPhillip launched this project to solve the problems faced by existing cryptocurrencies like Bitcoin—high energy consumption, the need for specialized knowledge, and high barriers to entry.

“Pi Network’s mission is to enable everyday users to participate in the cryptocurrency ecosystem. We are building a more inclusive and sustainable model where everyone can enjoy the benefits of digital currency.” —Pi Network Team

Innovative Mining Mechanism: An Environmentally Friendly Approach

Pi Network adopts a unique consensus algorithm different from the traditional “Proof-of-Work (PoW)”. This system is a variation of the “Stellar Consensus Protocol (SCP)” and has the following characteristics:

  • Extremely low power consumption
  • Minimal impact on smartphone battery and data usage
  • Security model based on trust relationships
  • “Mining” is possible by launching the app once a day

Through this approach, Pi Network is promoting the democratization of cryptocurrency while minimizing environmental impact. Users are called “Pioneers” and contribute to the network’s growth and security through a referral system.

Open Mainnet Launch: A Significant Milestone

The development of Pi Network has progressed in stages, and the “Open Mainnet” was officially launched on February 20, 2025. Currently, feature expansion is underway in this new phase. Previously, it was in the Testnet and Closed Mainnet phases, where actual value exchange was restricted. With the launch of the Open Mainnet, the following became possible:

  • Official trading and transfer of Pi coins
  • Full implementation of wallet-to-wallet transfer functionality
  • Development of third-party applications and expansion of the ecosystem
  • Exchange for actual goods and services

This transition is being carried out carefully, requiring completion of the KYC (Know Your Customer) process and adherence to community guidelines to ensure network safety and security.

KYC Process and Current Status of Migration

In the transition to the Mainnet, the KYC (Know Your Customer) process has been implemented to prevent fraudulent use and ensure the network’s health. The initial deadline was November 30, 2024, which was later extended to January 31, 2025. Although these deadlines have passed, users who have not completed KYC are being provided with individual grace period timers.

Prior to the Open Mainnet launch, accounts of users who completed KYC were sequentially migrated to the Mainnet. As of February 10, 2025, 10 million users had completed the Mainnet migration, which became a crucial condition for the Open Mainnet launch.

Development of E-commerce Related DApps: Aiming for Improved Practicality

A particularly noteworthy recent development in Pi Network is the development of e-commerce related DApps (Decentralized Applications). These applications will form the foundation for trading actual goods and services within the Pi Network ecosystem.

Pi Network has currently released 20 Mainnet-compatible apps out of a target of 100, which can be accessed directly from the Pi Browser. These apps cover various fields such as service provision, games, and e-commerce.

Pi Chain Mall (PCM): A Major E-commerce Platform

Pi Chain Mall (PCM) is a representative e-commerce platform within Pi Network. It is one of the largest decentralized applications (DApps) within the Pi network, providing a place where global users can buy and sell various goods and services using Pi tokens as a medium of exchange. PCM was a project that won the first Pi Network Hackathon held in October 2021.

Features of Pi Network E-commerce Platforms

E-commerce platforms under development and in operation have the following characteristics:

  • P2P Transactions: Direct transactions between users, eliminating the need for intermediaries
  • Low Fees: Significantly lower transaction fees compared to traditional e-commerce platforms
  • Transparency through Blockchain Technology: All transactions are recorded on a public ledger and verifiable
  • Smart Contracts: Escrow services and secure transactions through automatically executing contracts
  • Global Access: Available even to users without bank accounts or traditional financial services

Through these features, Pi Network aims to be a practical digital currency ecosystem usable for actual economic activities, not just a speculative cryptocurrency.

Developer Ecosystem and API

Pi Network is promoting ecosystem expansion by providing APIs and toolkits for third-party developers. This allows independent developers and businesses to build their own applications and leverage Pi Network’s infrastructure.

The growth of the developer ecosystem is a crucial factor in increasing Pi Network’s practicality and adoption rate. As applications specialized for various uses are developed, the value for users also increases.

Community Engagement: Pi Network’s Core Value

One of the notable features of Pi Network is its strong community engagement. Currently, tens of millions of users worldwide are participating in the network as “Pioneers,” and this number is growing daily.

The community is not only participating in mining but also actively involved in discussions about the project’s direction and feature development. The Pi Network development team regularly conducts surveys and gathers opinions, evolving the project based on user feedback.

Education and Awareness Activities

Pi Network is also focused on spreading knowledge about cryptocurrency. Educational content is available within the app, allowing users without technical knowledge to gradually deepen their understanding of blockchain technology and basic cryptocurrency concepts.

This educational approach aligns with the mission of popularizing cryptocurrency and has the effect of lowering barriers for more people to participate in the digital economy.

Relationships with Major Companies and Future Outlook

Various rumors circulate regarding partnerships with major companies, but information such as “Alibaba investing 5 trillion dollars in Pi Network” lacks official confirmation and should be judged cautiously.

In the future, if officially confirmed corporate partnerships are established, Pi Network’s credibility and recognition could significantly improve, leading to broader adoption.

Regulatory Environment and Challenges

One of the challenges Pi Network faces is adapting to cryptocurrency regulations in various countries around the world. Regulatory approaches to cryptocurrency vary greatly by country and region, making adaptation to these regulatory environments a significant challenge for Pi Network, which aims for global expansion.

Furthermore, like other cryptocurrency projects, addressing security risks and ensuring scalability are ongoing challenges.

Caution Regarding Fake Pi Coins

As a point of caution, there have been reports of fake Pi coins being traded on some exchanges. To identify genuine Pi coins, it is important to use only exchanges certified on the official Pi Network website and to check official announcements from reputable exchanges (such as Binance or Coinbase). Be especially wary of coins showing unnatural price fluctuations.

Summary: The New Era of Cryptocurrency Pi Network Aims For

Pi Network is an ambitious project aiming for the democratization and practical improvement of cryptocurrency. Its high accessibility via smartphones, environmentally friendly mining mechanism, and development of e-commerce applications usable for actual economic activities demonstrate new possibilities for cryptocurrency.

The Open Mainnet launch on February 20, 2025, is a significant milestone for the project. Having achieved the target of 10 million Mainnet migrations, the actual value and usage scenarios of Pi Network are becoming clear.

While the cryptocurrency industry is rapidly changing, Pi Network is contributing to building a more inclusive and accessible digital economy with its unique approach. Future developments and efforts towards practical implementation will continue to attract attention.

Pi Network’s Future Outlook: Long-Term Perspective and Patience Required Amidst Price Decline

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Recently, the price of Pi Network has significantly dropped, hovering around 0.80 to 0.83 USD in late March 2025. This represents a decline of approximately 47% compared to two weeks prior. This situation has caused significant disappointment not only among enthusiastic Pi miners but also among potential investors who do not yet hold Pi. However, such price fluctuations are not uncommon in the cryptocurrency market. Especially for projects still in their developmental stages, this can be considered part of the growth process.

Pi Core Team’s Unique Development Approach

Users who have been involved since the early development of Pi Network are well aware of how the Pi Core Team operates. They maintain a style of quietly and steadily advancing development without flashy promotions or exaggerated promises.

Key aspects of the Pi Core Team’s distinctive approach include:

  • Refraining from large-scale advertising and marketing activities
  • Making official announcements only when significant milestones are achieved
  • Not making specific promises about features under development or future plans
  • Not relying on strategies to gain views or likes

This understated approach sometimes causes frustration and questions, especially for new community members or users expecting short-term results. Because the project’s direction and progress are not always clear, it’s understandable that doubts like “Is this project really moving forward?” may arise.

Current Status and Challenges of Pi Network

Pi Network completed its transition to the open network on February 20, 2025, beginning its journey from a closed ecosystem towards full decentralization. It already boasts over 19 million verified users (Pioneers), with over 10 million having migrated to the mainnet.

Regarding the clear development roadmap that many users are anticipating, the Pi Core Team has not yet provided detailed information. This is presumed to be due to considering the risks of promising specific dates in the highly uncertain blockchain industry.

“Although Pi Network has already completed the mainnet migration and the transition to an open network, the widespread adoption of practical applications and the resolution of legal challenges may still require time.”

This perspective considers not only the technical development period but also the time needed for the legal frameworks regarding digital currencies and virtual assets to be established in various countries around the world. Without clear legal regulations, it is difficult for even the most excellent cryptocurrency project to realize its true potential.

Pi Network’s Potential from a Long-Term Perspective

Instead of being swayed by short-term price fluctuations, it is important to evaluate Pi Network from a longer-term perspective. Established in 2019 by Stanford University graduates, the project aims to be a “more inclusive and accessible cryptocurrency.”

Key features of Pi Network include:

  • Simple mining method using smartphones
  • Low-power consumption consensus algorithm (Stellar Consensus Protocol)
  • Verification mechanism based on mutual trust
  • Design allowing participation even with limited technical knowledge

From the perspective of popularizing cryptocurrency, these features represent a highly significant approach. In particular, the fact that it does not require expensive mining equipment or specialized technical knowledge significantly lowers the barriers to entry that traditional cryptocurrencies faced.

Pi Network’s Development Phases and Future Outlook

Pi Network has gone through several important development phases to date:

  1. Beta Phase – Initial testing and community building
  2. Mainnet Migration – Transition to a live blockchain
  3. Open Network Construction – Completed on February 20, 2025, the stage where Pi can be freely exchanged

Pi Network has launched its mainnet and completed the transition to an open network, but concerns about its operational methods and centralized structure are growing.

Relationship between Legal Regulation and Adoption

The widespread adoption of cryptocurrency is impossible without the existence of a clear legal framework. Currently, many countries are in the process of exploring regulations concerning cryptocurrency and blockchain technology. As this process progresses and consistent legal regulations are established in each country, the path to practical use will open up for many cryptocurrency projects, including Pi Network.

In particular, the establishment of the following elements is important:

  • Clarification of the legal status of cryptocurrency
  • Standardization of exchange regulations
  • Establishment of tax systems
  • Framework for consumer protection
  • Anti-money laundering measures

Attitude Required of Pi Holders

In this situation, it is important for Pi holders (miners) not to be swayed by short-term price fluctuations but to focus on the project’s long-term vision and potential.

Specifically:

  • Patience and Long-Term Perspective: The development of emerging technologies takes time
  • Continuous Learning: Deepen understanding of blockchain technology and the cryptocurrency market
  • Contribution to the Community: Actively participate and support the growth of the ecosystem
  • Diversified Portfolio: Diversify investments and manage risk

Awareness of Legal Risks

Pi Network faces legal risks. Particularly in regions with strict regulations such as China and the United States, its pyramid-like structure and referral system could lead to legal issues. In China, due to the ban on cryptocurrency trading, participants may face administrative penalties or criminal risks, and in the United States, the token distribution model may violate securities laws.

Investors should pay attention to the following points:

  • Short-term observation: Invest funds and sensitive data cautiously
  • Attention to compliance: Monitor whether Pi discloses compliance measures
  • Diversification: Do not invest all resources in Pi; prioritize highly compliant assets
  • Legal consultation: If planning an investment, it is recommended to consult a local lawyer to assess regional regulatory risks

Community Dissatisfaction and Challenges

Within the Pi Network community, much dissatisfaction is growing, including unverified balances, unpaid validator rewards, and the lack of a clear schedule for the second migration. After six years of development, many users feel betrayed by the core team’s silence and failure to fulfill promises.

Points of particular concern:

  • Validators who assisted with the KYC verification process have not been paid rewards
  • No clear solution has been provided regarding unverified balances
  • Lack of clear communication from the core team
  • Promised features and improvements have not been realized

Conclusion: The Future and Expectations for Pi Network

It is true that the price of Pi Network is currently low, but this does not negate the project’s long-term potential. Early Bitcoin and Ethereum also experienced various difficulties and price fluctuations before reaching their current valuations.

Discussion continues regarding the true value of Pi Network. On one hand, it aims for the mass adoption of decentralized digital currency, but on the other hand, concerns are raised about the centralized issue where the core team holds 82.8% of the supply, as well as legal concerns regarding its pyramid-like structure.

Ultimately, whether Pi Network succeeds depends on the progress of technical development, the establishment of legal regulations, and above all, the continued support of the community. Maintaining a long-term perspective and patiently observing is the wisest approach at this time.

What is your view on the future of Pi Network? Do you agree with the opinion that we should focus on long-term potential rather than short-term price fluctuations? Please share your thoughts.

Pi Network Finally Links with Telegram Wallet! Buy, Store, Sell Enabled

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Pi Network has taken a big step. It has officially announced integration with the Telegram Wallet, providing access to Pi cryptocurrency to over a billion Telegram users worldwide. This article will detail the specifics, features, and future possibilities of this strategic integration.

What is the Integration Between Pi Network and Telegram Wallet?

Pi Network has officially integrated with Telegram’s cryptocurrency wallet service. This allows Telegram users to trade Pi tokens within the app.

As of March 29, 2025, the following features are available for Pi tokens in the Telegram Wallet:

  • Purchase: Purchase Pi tokens directly within the Telegram Wallet
  • Storage: Securely store purchased Pi tokens within the wallet
  • Sell: Sell held Pi tokens

However, as of March 29, 2025, user-to-user transfers or withdrawals to external wallets are not supported. This may be because the Telegram Wallet has not yet completed the KYB (Know Your Business) verification process.

Pi Network Market Data in Telegram Wallet

The following market data regarding Pi Network is displayed within the Telegram Wallet:

  • Current Price: Approx. 13.679 USDT (As of March 29, 2025, may be displayed in local currencies)
  • Total Supply: 100 million Pi
  • Circulating Supply: 676 million Pi
  • Market Rank: 24th
  • Market Cap: Approx. 9.253 billion USDT (As of March 29, 2025)
  • Trading Volume: Approx. 120 million USDT (24 hours, As of March 29, 2025)

Please note that these figures are displayed within the Telegram Wallet and may differ from actual market data on major cryptocurrency exchanges, considering the development status of Pi Network and the phased rollout of the mainnet.

How to Use Pi with Telegram Wallet

Using Pi with the Telegram Wallet is relatively simple. Please follow these steps:

Basic Usage Steps

  1. Ensure the latest version of the Telegram app is installed
  2. Open ‘Settings’ -> ‘Wallet’ within the Telegram app
  3. Search for ‘Pi’ in the token list
  4. Start trading

Impact of Telegram Integration on Pi Network

The integration of Telegram and Pi Network is a significant strategic move for both platforms. Let’s look at the potential impacts this integration could bring.

Expected Effects

  • Access to a Huge User Base: Telegram has over a billion monthly active users, providing an unprecedented exposure opportunity for Pi Network
  • Increased Liquidity: As more users can trade Pi, the token’s liquidity is likely to increase
  • Accessibility for Beginners: Existing Telegram users can use Pi without downloading a new app
  • Increased Awareness: Integration with a major messaging platform could significantly boost Pi Network’s visibility

Current Limitations

  • Wallet Functionality Limitations: Currently, only basic trading functions are provided
  • No P2P Trading Support: Direct user-to-user transactions are not yet supported
  • No Withdrawals to External Wallets: Currently, Pi cannot be moved from the Telegram Wallet to an external wallet

Current Status and Future Outlook of Pi Network

Pi Network is a cryptocurrency project launched in 2019, adopting a unique approach using a smartphone app for ‘mining’. The project is rolling out its mainnet.

Integration with the Telegram Wallet is a significant milestone in the development of Pi Network. The following advancements are expected in the future:

  • Addition of user-to-user transfer functionality
  • Implementation of withdrawal functionality to external wallets
  • Integration with more exchanges and platforms
  • Expansion of the practical application ecosystem

As the regulatory environment is established and Telegram completes KYB verification, more features may be unlocked. The Pi Network community views this move very positively, considering it a significant step towards the growth and adoption expansion of the Pi ecosystem.

Summary: Pi Network’s New Step

The integration of Pi Network and Telegram Wallet is a notable development in the cryptocurrency industry. Integration with a platform boasting over a billion users has the potential to significantly boost Pi Network’s recognition and adoption rate.

While there are certain limitations in functionality at present, this can be considered a crucial step in Pi Network’s long-term growth strategy. As a Pi Network user, we recommend trying out this new feature while also keeping an eye on the latest information from official channels.

As the Pi Network mainnet continues to evolve, the integration with Telegram may be just the beginning of Pi Network’s integration into the broader blockchain ecosystem. As the cryptocurrency market matures and the regulatory environment is established, the collaboration between Pi Network and Telegram is expected to deepen further.

Let’s continue to pay attention to the developments of Pi Network.