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Pi Network Updates: Building the Next-Generation Digital Economy and Its Potential

A new era of the digital economy is about to begin. Pi Network is attracting attention not just as a speculative cryptocurrency, but as a platform for building a future with purpose and vision.

Pi Network’s Core Philosophy

Pi Network aims for sustainable value creation rather than pursuing short-term profits. This network is designed as a community-driven economic system, more than just a means of transaction.

Specific Investment Strategies

Minimum Recommended Holding Amount

The recommended minimum holding amount in the initial phase is 100 Pi coins. This serves as a foundation for active participation in the ecosystem and future growth.

3-Way Investment Strategy

  • For daily transactions: Used for purchasing goods and services
  • Emergency reserve: Consider converting only when necessary
  • Long-term investment: Recommended to hold for a minimum of 2 years

Current Status and Development of the Ecosystem

Significance of Pi EST 2024

Pi EST 2024 is positioned as an important event celebrating the growth of the global Pi community. The core team is actively promoting the implementation of Pi payments at merchants.

Regional Adoption Status

The Asian region (China, South Korea, Japan, Vietnam) is at the forefront of adoption, with a practical Pi economic zone already forming. In Western regions, adoption is progressing by referencing these Asian models.

Difference from Traditional Cryptocurrencies

While traditional cryptocurrencies like Bitcoin focus on speculative trading, Pi Network emphasizes practicality as a daily payment method. It is designed to support the daily economic activities of general users, not institutional investors.

Attitude Required from Participants

The following factors are important for the success of Pi Network:

  • Commitment to a long-term vision
  • Active contribution to the ecosystem
  • Participation in community activities
  • Utilization in actual transactions

Future Outlook and Potential

Pi Network aims to be more than just a digital currency. Each participant plays a crucial role as a builder of the new economic system. Development is particularly expected in the following areas:

Expected Development Areas

  • Expansion of retail payment systems
  • Revitalization of cross-border transactions
  • Revitalization of local economies
  • Establishment of a digital economic zone

True value is created in this innovative project through the active involvement and contribution of participants. It is important to view Pi Network not just as an investment object, but as a collaborative project aimed at building a new economic system.

Complete Guide to Pi Network: How it Works and How to Earn Coins, Explained for Beginners

What is Pi Network: A Beginner’s Guide

Pi Network is attracting attention as an innovative cryptocurrency project. This network is steadily evolving towards the launch of its open mainnet, offering new opportunities to participants (Pioneers).

Pi Network’s Current Status and Future Potential

Pi Network continues to grow with its unique strategy. The core team carefully manages coin circulation to maintain the health of the ecosystem. This creates an environment that is easy for new participants to join.

Pi Coin Distribution Status

Currently, about 78% of Pioneers hold less than 10 Pi coins. This indicates a large number of new participants. On the other hand, some long-term participants hold thousands of coins but are waiting for KYC (identity verification) completion.

How to Increase Your Pi Coins

There are several ways to increase your Pi coins. Here are the main strategies.

Utilizing Online Businesses

One of the easiest ways is to start a small online business that accepts Pi coins. You can earn Pi coins by selling unwanted items or providing services.

Operating a Pi Node

If you have technical knowledge and funds, you can consider operating a Pi Node. The initial investment is about $2,000, and monthly maintenance costs are also required, but you have the potential to earn a certain amount of Pi daily.

Accepting Payments in Pi Coin

If you have an existing business, accepting payments in Pi coin allows you to earn Pi coins while contributing to the ecosystem’s growth.

Pi Network’s Long-Term Vision

Pi Network aims for long-term value creation rather than short-term profits.

Building a Sustainable Ecosystem

Pi Network does not rely on coin sales and secures operating funds through its own advertising platform. This allows for sustainable growth while protecting the value of the coin.

Future Outlook for Pi Network

Pi Network is positioned as a long-term project with the potential to be passed down to future generations. It is important for participants to build value alongside the ecosystem’s growth, rather than focusing on short-term gains.

Open Mainnet and Partnership Outlook

Pi Network Latest News – Open Mainnet and Partnership Outlook

The latest news from Pi Network has been announced, raising expectations in the cryptocurrency market. This article explains the outlook for Pi Network’s open mainnet, scheduled for the end of 2024, and important information regarding partnerships, aimed at beginners.

What is Pi Network?

Pi Network is a cryptocurrency that can be easily mined on a smartphone. Users can mine Pi coins simply by opening the app daily and clicking a button. This project aims for a decentralized network based on trust among users, eliminating centralized management.

Open Mainnet Expected at the End of 2024

According to Pi Network’s official announcement, the open mainnet is expected to be released at the end of 2024. With the launch of this mainnet, Pi coins will become more widely tradable and usable, and Pi Network is expected to move into its next phase.

Strengthening the Ecosystem Through Partnerships

Pi Network is actively exploring partnerships with companies, cryptocurrency exchanges, influencers, and others. Information released on September 26, 2023, suggests that companies will collaborate with Pi Network to provide various blockchain services. Specifically, partnerships are being considered in the following areas:

  • Blockchain Infrastructure
  • Market Maker
  • Stablecoins
  • Web3 Wallets
  • Digital Advertising Platforms

Through these partnerships, the Pi Network ecosystem is expected to be significantly strengthened.

Pi Network’s Benefits and Challenges

With the realization of partnerships, Pi Network will have the following benefits:

  • User Expansion: Partnering with traditional companies and cryptocurrency services is expected to lead to a significant increase in the number of users.
  • Improved Liquidity: As Pi coins become widely traded, liquidity will improve.
  • Ecosystem Strengthening: New services and apps will be developed, promoting the use of Pi Network.

On the other hand, some challenges are also anticipated.

  • Increased Regulation: As Pi Network grows, it may require monitoring and legal responses from regulatory authorities.
  • Community Reaction: As partnerships progress, some community members may express concerns about the project’s direction.

Focus on Pi Network’s Future

Pi Network is expected to make significant progress, starting with the launch of the open mainnet. Depending on the success of partnerships, the use of Pi coins could rapidly expand, leading to global adoption. Let’s continue to monitor the latest developments and watch for the next steps.

Pi Network’s 5th Anniversary: Path to Open Network

Introduction

This article will explain in detail how Pi Network is celebrating its 5th anniversary, preparing for the open network, and its future vision.

5th Anniversary Milestone and Achievements

Pi Network has achieved many milestones in its five years since inception. In this milestone year, Pi Network is preparing to move into a new phase and is sharing its progress with the community.

New Product Announcements and Ecosystem Vision

To celebrate its 5th anniversary, Pi Network has announced new products and is exploring collaborative efforts towards building its ecosystem vision. This includes products to complete the loop between the Pi Browser and PiNet, allowing users to visit and interact with Pi App pages via PiNet without needing to log in, except when actions like using the Pi Wallet or Pi KYC are required via the Pi Browser.

Sharing Network Progress

Progress on KYC, Migration, Pi Node, ecosystem infrastructure, programs, and more is being shared, demonstrating efforts towards the conditions outlined in the Open Network plan announced on December 27, 2023.

10 million KYC Event

A new “10 million KYC event” has been announced to encourage community efforts and help other Pioneers complete KYC. This is a crucial step towards building the inclusive Web3 ecosystem that Pi Network aims for.

New Content Feed in Mining App

A new content feed has been introduced in the mining app, allowing Pioneers to share again via PiNet and complete the loop. This enables the community to share information more actively and contribute to the growth of Pi Network.

Conclusion

Pi Network aims to play a significant role in the world of cryptocurrency and blockchain. To achieve this, it is pursuing a wide range of initiatives, including building a peer-to-peer ecosystem, providing practical apps and utilities, fostering a community that drives participation and innovation, nurturing the Web3 ecosystem, creating a gateway to a cashless future, and creating a peer-to-peer marketplace.

Deep Dive into Pi Ad Network: A New Advertising Platform for the Pi Network Ecosystem Launched

Pi Network has launched the Pi Ad Network as the first platform-level utility through the Pi Browser. This aims to provide comprehensive functionality that all Pioneers can participate in, leveraging shared resources to enhance utility and ecosystem experience. The pilot integration with the Fireside Forum app demonstrates how this new advertising network works, allowing Pioneers to provide value to each other through their activities within the platform.

It demonstrates the progress and growth of the Pi Network and aims to provide users with opportunities to participate more actively and contribute within the Pi Network ecosystem. The launch of the Pi Ad Network can be said to be a significant step towards building a sustainable business model for the Pi Network and realizing the practical use of cryptocurrency in the future.

What is Pi Ad Network

The Pi Ad Network is the first prototype of a platform-level utility that requires acquiring and using Pi to place advertisements within the Pi Network ecosystem. This network helps community developers monetize through the collective attention contributed by all Pioneers, while ensuring that developers’ interests align with the overall community.

The Pi Ad Network is the first prototype of a platform-level utility that requires acquiring and using Pi to place advertisements within the Pi Network ecosystem. This network helps community developers monetize through the collective attention contributed by all Pioneers, while ensuring that developers’ interests align with the overall community. By requiring the use of Pi for transactions involving advertisements displayed within the ecosystem after the Open Network, the Pi Ad Network enforces that access to this ecosystem resource, in this case collective attention, depends on the Pi cryptocurrency held by all Pioneers.

Key features of the Pi Ad Network are as follows:

Advertisers place ads using Pi: You can place advertisements within the Pi ecosystem and on Pi Apps in the Pi Browser using Pi.

Helps community developers monetize: Ensures that developers’ interests align with the overall community through the collective attention contributed by all Pioneers.

Enforces access to ecosystem resources using Pi cryptocurrency: Requires the use of Pi for transactions involving advertisements displayed within the ecosystem after the Open Network.

The Pi Ad Network will be a significant step towards building a sustainable business model for the Pi Network and realizing the practical use of cryptocurrency in the future.

Key Features and Functions

The Pi Ad Network enables advertisers to deliver ads using Pi. This addresses real-world needs and converts the collective resources of Pioneers into organic Pi usage. It also enforces access to ecosystem resources using Pi cryptocurrency by helping community developers monetize.

Impact on the Ecosystem

The launch of the Pi Ad Network is a significant step towards building a sustainable business model for the Pi Network and realizing the practical use of cryptocurrency in the future. Advertisers place ads using Pi, and Pioneers provide value to each other through their activities within the Pi Network ecosystem.

Summary and Explanation of the Pi Network Blog Post ‘Platform-Level Utility’

Summary

Pi Network has revamped the design of the Pi Browser, stating that it will make Pi apps and the Pi ecosystem more accessible to more Pioneers (Pi Network users) by providing a cleaner and more informative user interface. This update aims to facilitate the development of apps and utilities for the Pi ecosystem.

Explanation

The browser’s interface itself enhances the user’s security experience by indicating whether the page currently being visited is a Core Team app, an app listed in the ecosystem, verified, unverified, or a website unrelated to Pi apps. For example, if a scammer creates a fake “Pi Wallet” to phish for a Pioneer’s wallet secret passphrase, they cannot change the browser’s URL or related UI that the official Pi Wallet has. Therefore, Pioneers should not enter their passphrase into this fake wallet.

Outlook

As Pi Network progresses towards Mainnet and Pioneers actively use Pi within the ecosystem, it is important to improve the Pi Browser and provide a safer and more user-friendly experience. Pi Network’s vision is to create a human-centric, universally accessible Web3 that allows people to harness the power of cryptocurrency in their daily lives. This design overhaul is necessary to achieve a better Web3 experience in the Pi Browser, and we are very excited to see what Pioneers think.

Pi Browser Gets New UI! How to Verify Ecosystem and App Trustworthiness?

Pi Network is a cryptocurrency project that can be mined with a smartphone. The goal of Pi Network is to build an open, democratic, and decentralized network. To achieve this, Pi Network is creating an ecosystem where users and developers can participate.

The ecosystem includes apps and services provided by the Pi Network core team (such as KYC and Pi Wallet), as well as apps and websites created by the community. The ecosystem contains apps and websites across various categories and rankings. For example, games, education, shopping, news, and more.

The main tool for accessing the ecosystem is the Pi Browser. The Pi Browser allows you to browse websites on the internet, just like a regular web browser. However, the Pi Browser has a user interface (UI) that indicates the trustworthiness and safety of apps and websites within the ecosystem.

Recently, the Pi Network development team improved the Pi Browser’s UI. The new UI more clearly displays the type and status of apps and websites within the ecosystem, enhancing the user experience. Specifically, the following changes have been made:

  • The browser’s URL bar displays an icon indicating the type of app or website the current page is. For example, core team apps have a star icon, ecosystem-listed apps have a checkmark icon, verified apps have a shield icon, unverified apps have a warning icon, and websites unrelated to Pi have a globe icon. Tapping these icons displays a detailed explanation.
  • The browser interface includes dashboards and navigation pages that display categories and rankings of apps and websites within the ecosystem. These pages display the name, icon, description, reviews, and ratings of apps and websites. You can also use the search box and filter function to find the desired app or website.

Using these methods, you can check the ecosystem and listed apps in the Pi Browser. The ecosystem and listed apps contribute to Pi Network’s goal of an open network. However, the ecosystem and listed apps are created by developers and organizations separate from the core team and Pi Network. Therefore, users need to judge for themselves whether they are trustworthy. The Pi Browser’s UI provides information to help with that judgment, but the final responsibility lies with the user.

I hope this article helps you understand the Pi Browser’s UI. If you would like to know more, please write in the comment section.

What are the must-see apps and utilities from the Pi Network Hackathon?

Pi Network is a cryptocurrency that can be easily mined with a smartphone. Mining is the process of approving cryptocurrency transactions and issuing new coins. With Pi Network, users can earn coins called Pi (PI) simply by opening the app every day and pressing the mining button. Pi is expected to reach a stage called the Open Mainnet in the future, where it can be freely sent and received¹.

 

However, Pi Network is not just about distributing coins. Pi Network has created a mechanism called an ecosystem to allow users to develop their own apps and utilities. An ecosystem is about providing various services and value using Pi Network’s coins and technology. For example, you can buy and sell goods and services with Pi Network coins, enjoy games and social media, and share information and knowledge².

 

To develop the Pi Network ecosystem, Pi Network held an event called a hackathon in the first quarter of 2023. A hackathon is a contest where developers create apps and utilities within a certain period, following a specific theme or objective. In the Pi Network hackathon, prizes and recognition were given to developers who developed various apps and utilities to increase the value of Pi within the Pi Network ecosystem³.

 

More than 360 entries were submitted to the Pi Network hackathon⁴. Excellent works were selected from among them. The following are some of them.

 

– Pi Workforce Pool (Business App Category First Place): This is a marketplace where Pi Network users can buy and sell their skills. For example, you can search for or request jobs such as website creation or translation. Payment for work is made in Pi.

 

– PiCare (Ecosystem App Category First Place): This is a platform where users can report bugs and issues with Pi Network apps and ecosystem apps. Developers can receive feedback from users and improve or fix the apps.

 

– Pi Chain Mall (Business App Category Second Place): This is an e-commerce marketplace where Pi Network users can buy and sell various goods and services. For example, you can trade physical goods such as clothes and electronics, or digital goods such as photos and music. Payment for transactions is made in Pi.

 

– World of Pi Championships (Ecosystem App Category Second Place): This is a social puzzle game that runs in the Pi Network browser. Users can compete with other users using a simple rule of aligning and clearing blocks of the same color. Winners are given Pi prizes. The developers operate it on a non-profit basis.

 

These apps and utilities enhance the utility and value of Pi within the Pi Network ecosystem. They also demonstrate creativity and innovation by leveraging the power of Pi Network’s technology and community. The Pi Network hackathon is scheduled to be held regularly in the future⁴. Why not participate in the Pi Network ecosystem and showcase your ideas and skills?

 

(1) Hackathon Winners Announcement | Pi Network. https://minepi.com/blog/hackathon-winners-announcement/.

 

(2) Q1 2023 Hackathon | Pi Network. https://minepi.com/blog/hackathon-winners-2023/.

 

(3) Hackathon Winners – Pi Network. https://web.minepi.com/blog/hackathon-winners-announcement.

 

(4) Pi Network Reveals Winners Of 2023 Hackathon Focused On …. https://news.fmcpay.com/pi-network-reveals-winners-of-2023-hackathon-focused-on-improving-the-ecosystem.html.

 

(5) Hackathon Winners Announcement | Pi Network. https://minepi.com/blog/hackathon-winners-announcement/.

 

(6) Q1 2023 Hackathon | Pi Network. https://minepi.com/blog/hackathon-winners-2023/.

 

(7) Hackathon Winners – Pi Network. https://web.minepi.com/blog/hackathon-winners-announcement.

 

(8) Pi Network Reveals Winners Of 2023 Hackathon Focused On …. https://news.fmcpay.com/pi-network-reveals-winners-of-2023-hackathon-focused-on-improving-the-ecosystem.html.

Must-See Apps and Utilities from the Pi Network Hackathon

Pi Network is a cryptocurrency that can be easily mined with a smartphone. Mining is the process of validating cryptocurrency transactions and issuing new coins. With Pi Network, users can earn Pi (PI) coins simply by opening the app daily and pressing the mining button. Pi is expected to become freely transferable and receivable in the future, once it reaches the Open Mainnet phase¹.

However, Pi Network is not just about distributing coins. Pi Network is building an ecosystem that allows users to develop their own apps and utilities. An ecosystem is a system that provides various services and value using Pi Network’s coins and technology. For example, you can buy and sell goods and services with Pi Network coins, enjoy games and social media, and share information and knowledge².

To develop the Pi Network ecosystem, Pi Network held a hackathon event in the first quarter of 2023. A hackathon is a contest where developers create apps and utilities within a certain period, following a specific theme or objective. In the Pi Network hackathon, prizes and recognition were awarded to developers who developed various apps and utilities to enhance the value of Pi within the Pi Network ecosystem³.

Over 360 projects were submitted to the Pi Network hackathon⁴. Excellent projects were selected from these submissions. The following are some of them.

– Pi Workforce Pool (Business App Category First Place): This is a marketplace where Pi Network users can buy and sell their skills. For example, you can search for or request jobs such as website creation or translation. Payment for work is made in Pi.

– PiCare (Ecosystem App Category First Place): This is a platform where users can report bugs and issues with Pi Network apps and ecosystem apps. Developers can receive feedback from users and improve or fix their apps.

– Pi Chain Mall (Business App Category Second Place): This is an e-commerce marketplace where Pi Network users can buy and sell various goods and services. For example, you can trade physical goods like clothing and electronics, or digital goods like photos and music. Payment for transactions is made in Pi.

– World of Pi Championships (Ecosystem App Category Second Place): This is a social puzzle game that runs in the Pi Network browser. Users can compete against other users with the simple rule of matching and clearing blocks of the same color. Winners are awarded Pi prizes. The developers operate it on a non-profit basis.

These apps and utilities enhance the usability and value of Pi within the Pi Network ecosystem. They also demonstrate creativity and innovation by leveraging Pi Network’s technology and community power. Pi Network hackathons are expected to be held regularly in the future⁴. Why not join the Pi Network ecosystem and showcase your ideas and skills?

(1) Hackathon Winners Announcement | Pi Network. https://minepi.com/blog/hackathon-winners-announcement.

(2) Q1 2023 Hackathon | Pi Network. https://minepi.com/blog/hackathon-winners-2023.

(3) Hackathon Winners – Pi Network. https://web.minepi.com/blog/hackathon-winners-announcement.

(4) Pi Network Reveals Winners Of 2023 Hackathon Focused On …. https://news.fmcpay.com/pi-network-reveals-winners-of-2023-hackathon-focused-on-improving-the-ecosystem.html.

(5) Hackathon Winners Announcement | Pi Network. https://minepi.com/blog/hackathon-winners-announcement.

(6) Q1 2023 Hackathon | Pi Network. https://minepi.com/blog/hackathon-winners-2023.

(7) Hackathon Winners – Pi Network. https://web.minepi.com/blog/hackathon-winners-announcement.

(8) Pi Network Reveals Winners Of 2023 Hackathon Focused On …. https://news.fmcpay.com/pi-network-reveals-winners-of-2023-hackathon-focused-on-improving-the-ecosystem.html.

PIDAY 2023 Announcement

Since there is a time difference, I used the DeepL translation site to translate the PIDAY announcement posted around noon on March 15th, not March 14th in Japan. If you find translation troublesome, please refer to this.

Information about KYC, which is the biggest concern for those currently mining, has also been released. It is said that everyone will be able to apply for KYC, and new accounts will be able to apply through the Tentative KYC program. This program prevents fake and bot accounts and ensures network integrity by performing additional checks and verifying account identity. It is written that this is important for people who mine fairly. I’m curious about what kind of program it will be, but I’m more concerned about how long it will take to pass, not just apply.

Although not written in this announcement, it seems that the number of miners has increased to 45 million before I knew it. It doesn’t seem to be popular in Japan, but a meetup was held in Osaka the other day, and it seems to be gradually gaining momentum. I hope that meetups will be held in various parts of Japan and the number of friends will increase.

If you haven’t started Pinetwork yet, this article explains it, so please join us.
https://pinetwork.masters-all.com/start/

Translation starts below

Hello Pioneers, today is Pi Day! Since launching Pi Network 4 years ago, we have celebrated the incredible achievements contributed by both the community and the Core Team. In this past year alone, Pi Network achieved an innovative mass KYC solution to onboard millions of Pioneers at scale, implemented a new dynamic mining mechanism that follows Pi’s meritocratic principles within the supply limit, migrated millions of KYC’ed Pioneers onto the Mainnet blockchain, and enabled the Pi platform on Mainnet along with releasing many useful developer APIs and tools for ecosystem building.

These efforts, along with many other improvements for the Pi ecosystem and infrastructure, contributed to the great productivity and progress this past year. Despite recent unfavorable news and difficulties in the overall crypto and blockchain industry, our network continued to grow and reached over 45 million Engaged Pioneers distributed across the world. The Core Team and Pioneers together have communicated and executed on shared priorities to build a project that reflects our common goal of a more fair and decentralized network built on Pi. However, there is still a lot more work to be done.

Moving forward, we highlight what the Pi Network (Core Team, Pioneers, and community developers) can do together to achieve the key goals of the Enclosed Network.

Mass verify the identity of millions of Pioneers through a native and scalable KYC solution, and subsequently migrate their mobile mining balances to the Pi Mainnet.

Creating Real Utility for the Cryptocurrency Pi through the Pi Ecosystem

The goals of the Enclosed Network are prerequisites to reaching the Open Network, as described in the December 2021 Whitepaper. Achieving the Enclosed Network goals requires every member of the Pi community.

This Pi Day announcement is intended not only to inform but also to galvanize more collective efforts. It also features specific guidance on how Pioneers can contribute to the Pi Network and make more diverse and decentralized efforts to achieve the Enclosed Network goals faster, under the theme “What I do for Pi”.

Core Team Efforts

The backbone of Pi is its Pioneers. To empower tens of millions of Pioneers, the Core Team has continued to build, guide, and coordinate the necessary network components for Pioneers to grow, collaborate, unleash their potential, showcase their talents, and contribute diversely to the shared vision of Pi. Pi’s core mining mechanism speaks to the essence of this utilitarian process by the collective efforts of the large Pi community and the true meaning of decentralization—a combination of decentralized efforts and widely distributed rewards.

During the current Enclosed Network period, the Core Team has continued building the infrastructure and necessary features for Pioneers to achieve two goals. In addition to the achievements of this past year, today we are announcing exciting new releases to further empower the community.

Today’s announcement only covers the main new features and recent releases. More detailed product and technical updates that the Core Team has been working on for the past three months will be provided around the end of this quarter.

KYC for All!

We have already provided mass KYC such that the majority of the network can apply for KYC at any time, and now we are opening up KYC applications to all Pioneers.

Many of the newly eligible accounts will be able to apply for KYC through the Tentative KYC program. This means that unlike the regular KYC process, Tentative KYC applications will undergo additional checks after submitting documents and passing Validator review before obtaining a “Pass” status. These additional checks will combine newly submitted information to further verify identity. The Tentative KYC program gives accounts with more complex properties an opportunity to proceed with KYC and prove they are real humans, while being cautious about granting the “Pass” status.

The reason for this rollout of KYC eligibility and the selective Tentative KYC program is to ensure the integrity of the network. We are cautiously allowing as many real human Pioneers as possible to pass KYC, while catching and preventing as many fake and bot accounts as possible. This is not only important for the network, but also fair to all human Pioneers who have been honestly mining on their accounts.

New Testnet Ecosystem Interface with Testnet Apps

We are announcing a new interface for accessing Testnet apps in the Pi Browser, the Testnet Ecosystem. The current Testnet Ecosystem interface provides a preview of the Mainnet Ecosystem and is a central hub for selected apps and utilities based on Mainnet app criteria.

Through the Testnet Ecosystem interface, Pioneers can explore Pi apps within the Pi ecosystem, and community developers can publish their Pi apps to Pioneers to test, iterate, and build full-fledged apps. This feature is currently rolling out and will be accessible soon. These Testnet apps will be accessible to everyone in the Testnet Ecosystem in the sense that they are “allowed but removed if violated”.

This means that because these apps only connect to the Pi Testnet, they will be allowed in the Testnet Ecosystem by minimum initial criteria to maximize open collaboration and visibility in community utility building. However, since these apps have not been carefully reviewed and vetted, Pioneers should use them at their own discretion, assuming they are still under development and may be removed if violations by these apps are reported and verified. The apps available in the Testnet Ecosystem are not guaranteed to be available to Pioneers in the Mainnet Ecosystem, which will adopt different selection criteria and procedures.

On the one hand, developers have the incentive to improve the quality of their apps to increase their eligibility for the Mainnet Ecosystem, and on the other hand, Pioneers will increase their engagement with the ecosystem as the quality and quantity of apps grow.

Pi Network has strongly emphasized utility creation in the past few months through various hackathons and developer initiatives. The Testnet Ecosystem interface is a great step towards connecting Pioneers with the growing number of useful, interesting, and fun apps. These apps are for you. We hope you will use these apps, provide feedback to the app developers, contribute to the improvement of the apps, and hopefully find these apps enjoyable or useful.

Notify Your Team to Start KYC and Migration

We are rolling out a new feature that allows Pioneers to share a message with their Referral Team and Security Circle members to remind and encourage them to start their own KYC and migration process. This feature promotes decentralized efforts to accelerate the network’s progress in KYC and migration, bringing us closer to the Open Network.

Recent Pi Developer Resources

The Core Team has made multiple improvements to developer resources to further support the Enclosed Mainnet goal of creating Pi utility. These efforts are consistent with enabling the Pi platform on Mainnet to support developers from the general community and the recent 2023 Q1 Hackathon ecosystem building.

Two important releases, App to User payments and Developer Wallets, have been released on the Pi Testnet and are available for integration and testing within Community Apps. App to User payments enables payment flows between app developers and members. Developer Wallets have been released on the Testnet as specific wallets for app developers to hold and use Pi for their apps under development. The Core Team and community developers are testing these features to ensure they are safe and reliable. Once this testing is complete, these features are expected to be available on the Pi Mainnet soon.

Furthermore, multiple other developer resources and improvements (such as Developer Portal and Brainstorm updates) have been rolled out to support the overall environment and co-building process by community developers and Pioneers.

Ecosystem Programs

The Core Team is also working on various developer and ecosystem programs aimed at encouraging all Pioneers to build together to create utility on Pi, such as hackathons, PiOS, and developer support. More details about some of these programs will be discussed in later sections of this announcement.

What Community Developers Are Doing

Many community developers have participated in the Pi 2023 Q1 Hackathon, which started in early January and ended on March 5th. The over 360 final projects submitted by Pioneers around the world include various strong use cases such as social media apps, financial apps, marketplaces, games, news apps, and ecosystem apps. All Pioneers can review these hackathon submissions and provide feedback in the Pi Brainstorm app.

The hackathon encouraged community developers to contribute to the growth of the Pi Network and ecosystem by building mobile web apps for Pi that bring real utility to Pioneers. We solicited creative and utility-focused apps that demonstrate the potential of the Pi developer ecosystem. Some of the resulting Pi apps are expected to be accessible soon through the new Testnet Ecosystem interface feature introduced above.

The list of apps to be released soon in the Testnet Ecosystem is not a complete list of all submissions to the hackathon, nor are they fully vetted. Given that many of them are from the hackathon, we encourage you to explore them.