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Onram.money Joins Pi Network KYB: What This Means for Easier Pi Coin Purchases and Key Considerations

Pi Network has grown into a project with tens of millions of users worldwide, striving to realize its grand vision of “cryptocurrency for everyone.” Indispensable to this vision is the KYB (Know Your Business/Customer) process, which ensures user trustworthiness and network health. Pi Network is currently in its “Enclosed Mainnet” phase, and its evolution is constantly watched.

Amidst this, there has been a recent development in Pi Network’s KYB section. Information has circulated within the community that new crypto on-ramp/off-ramp services, “Onram.money” and “Onramper,” have been added.

What impact will this development have on the future of Pi Network? And what possibilities will it open up regarding the “purchase” of Pi Coin, which many Pioneers have been interested in? This article objectively delves into the significance of Onram.money’s addition to the Pi Network ecosystem and important precautions Pioneers should be aware of.

Introduction: Pi Network’s Current State and the Importance of KYB

The grand vision of Pi Network is to create “cryptocurrency for everyone.” To achieve this, the KYB (Know Your Business/Customer) process, which ensures user trustworthiness and network health, is indispensable. This article focuses on a recent addition to the KYB section, Onram.money, and thoroughly explores its potential impact on the Pi Network ecosystem.

  • Pi Network’s Vision: It aims to build a fairer and more accessible cryptocurrency ecosystem, replacing centralized financial systems. Its ease of mining via smartphones has attracted many new users.
  • The Role of KYB (Know Your Business/Customer): This refers to identity verification for businesses and customers, essentially the same process traditional financial institutions use to prevent fraud and money laundering. In Pi Network, KYB plays a central role in ensuring ecosystem trustworthiness and security by verifying that real humans participate in the network and eliminating bots or fraudulent accounts. This maintains a healthy transaction environment and provides a foundation for a smooth transition to the future open mainnet.
  • Expectations for Mainnet Transition and Liquidity: Pi Network is currently in the “Enclosed Mainnet” phase, where the value of Pi is said to arise only from exchange for goods and services within the Pi ecosystem. During this phase, utility building within the ecosystem and community expansion are progressing. The addition of Onram.money/Onramper is noted as part of infrastructure development aimed at improving liquidity and preparing for a future open mainnet.

New Development in Pi Network’s KYB Section: The Emergence of Onram.money and Onramper

Pi Network’s KYB (Know Your Business/Customer) plays a central role in enhancing community safety and trustworthiness. Recently, two new services, Onram.money and Onramper, have been confirmed as added to this crucial section. Let’s explore what these services are and why they have been integrated into Pi Network now.

Previously, Pi Network’s KYB section displayed existing crypto asset services like Banxa and Simplex as partners, serving as gateways for users to access Pi with fiat currency. However, with this update, Onram.money and Onramper have been added as options.

These services are generally platforms that provide “on-ramp” functionality. An on-ramp refers to a service that acts as an “on-ramp to a highway,” allowing users to purchase crypto assets using fiat currency (e.g., Japanese Yen or US Dollars). Conversely, a service that exchanges crypto assets for fiat currency is called an “off-ramp.”

The intention behind Onram.money and Onramper appearing in Pi Network’s KYB section is believed to be part of infrastructure development, enabling Pi Network Pioneers (users) to access Pi Coin more easily and use it within the ecosystem in the future.

What is Onram.money? Its Functions and Impact on Pi Network Users

Onram.money, newly added to Pi Network’s KYB section, is a platform that provides crucial “on-ramp” functionality, connecting the world of crypto assets with the world of fiat currency. This section will delve into Onram.money’s specific functions, particularly its relevance to Pi Coin, and how it may impact Pi Network users.

Onram.money Overview and Key Functions

Onram.money is a platform that primarily offers “Buy and Sell and Swap Crypto” functionalities. It supports the trading of major cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), and USDT (Tether). A key feature is its ability to allow users to utilize various familiar payment methods.

Important Considerations Regarding Pi Coin “Purchase” Possibilities

Source information suggests the possibility of selecting “P” (presumably referring to Pi) on the Onram.money website and purchasing Pi Coin through local E-wallets (Shopee Pay, GoPay, Dana, etc.), QRIS, or bank transfers. This appears to be a groundbreaking solution, especially for Indonesian Pioneers, allowing access to Pi Coin without needing stablecoins like USDT.

However, here is the most critical point to note:

Pi Network is currently in the “Enclosed Mainnet” phase, and it is officially restricted from being listed on external exchanges or directly exchanged with fiat currency. The official value exchange of Pi is currently only possible through the exchange of goods and services within the Pi ecosystem.

Whether the “Pi” offered on Onram.money refers to Pi Network’s Mainnet Pi, Testnet Pi, or unofficial transactions anticipating the future Open Mainnet (e.g., something like an IOU or a service brokering P2P transactions) is uncertain information unless there is a clear statement from Pi Network official sources.

If Pi Network’s Mainnet Pi could be purchased with fiat currency on Onram.money, it could potentially contradict Pi Network’s current Mainnet policy, and the legality and safety of such transactions might not be guaranteed. Users are strongly advised to thoroughly review official Pi Network announcements and the terms and conditions of the platforms they use, acting at their own discretion and responsibility.

Supported Payment Methods and Fees

Onram.money supports a variety of payment methods. According to source information, the following methods are indicated, especially in Indonesia:

  • E-wallet: Dana, GoPay, Shopee Pay, etc.
  • QRIS: Indonesia’s unified QR code payment system, supporting multiple payment apps.
  • Bank Transfer

Fees for purchasing Pi Coin are also mentioned (e.g., for a 10,000 Rupiah purchase):

  • Gas fee: 300 Rupiah
  • Blockchain fee: 174 Rupiah (equivalent to 0.02 Pi)
  • Payment Gateway fee: 5,000 Rupiah

It’s important to note that these fees are Onram.money’s service fees and are not directly charged by Pi Network itself.

Global Expansion and Partnerships

Onram.money is stated to be available in over 60 countries and supports more than 400 tokens. It also emphasizes partnerships with major cryptocurrency exchanges, wallets, and projects, including:

  • Binance
  • MetaMask
  • Bybit
  • Coinbase
  • Circle
  • And others like BingX, Bookoin

These partnerships suggest that Onram.money is a platform with a certain level of trust and track record in the crypto industry.

Implications for the Pi Network Ecosystem and Future Outlook

Onram.money’s integration suggests Pi Network’s intention to improve user accessibility as it moves towards the Open Mainnet. We will consider what implications this development has for the entire Pi Network ecosystem and how it connects to future prospects.

Possibilities for Pi Network

  • Improved Accessibility: If Onram.money were to handle Pi Network’s Mainnet Pi safely and legally, many Pioneers might be able to easily purchase Pi Coin with fiat currency. Especially by supporting region-specific payment methods, Pi Network could potentially expand to layers that were previously difficult to access.
  • Promoting Ecosystem Participation: Easier Pi Coin purchases could vitalize participation in DApps (decentralized applications) within the Pi app and services within the Pi ecosystem, potentially increasing Pi Coin’s utility.
  • Infrastructure Development for Future Open Mainnet: A fiat gateway is essential when Pi Network transitions to an Open Mainnet. The integration of services like Onram.money can be seen as a preparatory stage for this.

Challenges to Overcome and Precautions

While expectations are high, there are also challenges to overcome and precautions to consider.

  • Securing Official Pi Coin Liquidity: As mentioned, Pi Network is still in the Enclosed Mainnet phase, and official exchange listings or direct fiat currency exchanges for Pi Coin are restricted. If “Pi Coin purchase” on Onram.money indeed refers to Mainnet Pi, it must align with Pi Network’s official movements. A clear announcement from the Pi Core Team is awaited on this matter.
  • Regulatory Compliance: Regulatory frameworks for crypto assets are evolving worldwide. If a service like Onram.money partners with Pi Network to enable fiat currency exchange, compliance with each country’s regulations is crucial.
  • User Understanding and Literacy Improvement: When new technologies and services are introduced, it is essential for users to correctly understand their mechanisms and risks. Especially in crypto asset transactions, it is necessary to always verify official information sources and make calm judgments to avoid being misled by scams or misinformation.

Integrating external services like Onram.money has the potential to accelerate Pi Network’s development towards realizing its vision. However, this process should proceed cautiously and transparently.

Summary: Pi Network’s Evolution and What You Need to Know

The addition of Onram.money to Pi Network’s KYB section holds the potential to signify a major step towards improved Pi Coin accessibility. Onram.money’s fiat on-ramp functionality and diverse payment methods have the potential to lower the barrier to entry for crypto assets, especially for users in emerging countries.

However, it is crucial to correctly understand the true significance of this development and maintain a calm perspective without excessive expectations. Specifically, it must not be forgotten that Pi Network is currently in the “Enclosed Mainnet” phase, and it is officially restricted from being listed on external exchanges or directly exchanged with fiat currency. Regarding how the suggested “Pi Coin purchase” on Onram.money aligns with the current rules of Pi Network, continued attention to official announcements from the Pi Core Team is necessary.

Pi Network continues to steadily build its ecosystem to realize its vision. Partnerships like Onram.money hold the potential to be a crucial part of this process, but understanding based on accurate information and cautious judgment at your own responsibility are always required.

While anticipating Pi Network’s further development, always check official information and strive for safe and knowledge-based actions.

Next Steps: Deep Dive into Pi Network Information

Staying updated on Pi Network’s latest developments and official announcements is essential for understanding its progress. Let’s delve deeper into knowledge and observe Pi Network’s evolution using the following methods:

  • Regularly check the Pi Network official website and in-app announcements: These are the most reliable sources of information. Important updates will be announced here.
  • Acquire basic knowledge of cryptocurrency and blockchain: To deeply understand Pi Network, fundamental knowledge such as crypto on-ramp/off-ramp, P2P transactions, and blockchain mechanisms will be helpful. Utilize reliable learning resources.
  • Caution: Always be vigilant against Pi Network-related scams and misinformation, and be careful not to easily share personal information or wallet passphrases.

We hope this information helps you understand the current state and future of Pi Network. The Pi Network journey has just begun. Let’s observe its evolution with a calm and informed perspective.

A New Chapter for Pi Network: In-Depth Explanation of Ecosystem Directory Staking

As the digital economy evolves into Web3, the principle of “community-driven” development is gaining increasing importance within application ecosystems. While existing Web2 platforms rely on centralized algorithms and advertising revenue, Pi Network aims to build a user-driven, decentralized ecosystem.

Against this backdrop, Pi Network has introduced a groundbreaking new feature: “Ecosystem Directory Staking.” This goes beyond a simple app ranking mechanism; it’s a novel endeavor allowing Pioneers (Pi Network users) to directly contribute to the growth of the Pi ecosystem and promote the discovery of high-quality applications.

This article delves deeply into the core of Pi Network’s Ecosystem Directory Staking. We will explain its purpose, specific mechanics, benefits and considerations for participation, and the future Pi Network aims for through this feature, ensuring a deep and accurate understanding even without specialized prior knowledge. Let’s explore together how your Pi can influence the future of the ecosystem.

### What is “Ecosystem Directory Staking”? Its Purpose and Basic Concepts

In this section, we will delve into the fundamental idea behind Pi Network’s “Ecosystem Directory Staking” and the goals it aims to achieve.

“Ecosystem Directory Staking” is a mechanism where Pi Network Pioneers (users) lock (deposit) their Pi (the native cryptocurrency of Pi Network) to support specific applications (Pi Apps) or utilities within the Pi ecosystem.

The primary objective of this feature is to identify high-quality Pi Apps within the ecosystem and increase their visibility. When users stake Pi on a specific app, that app’s ranking within the ecosystem interface improves. This design ensures that applications truly providing value to the community gain more exposure to users.

Pi Network emphasizes that this process is decentralized and fair. Unlike the algorithmic biases or ranking manipulation through advertising costs often seen on Web2 platforms, the goal is for app visibility to be determined solely by genuine user support.

“*This staking feature provides a decentralized and transparent app evaluation mechanism, free from algorithmic biases and advertising seen in Web2.*”

### How Staking Works: How Your Pi is Used and What You Get

Here, we will explain in detail how “Ecosystem Directory Staking” specifically functions, how your Pi is utilized, and what you can “get” from it.

#### Staking Process and Impact on App Ranking

Ecosystem Directory Staking is accessible within the “Pi Browser,” the dedicated browser for Pi Network. Pioneers access the Ecosystem section of Pi Browser, select the Pi App they wish to support, and then specify the amount of Pi to stake and for how long.

Staked Pi directly contributes to the chosen app’s ranking within the ecosystem. This means that the more Pi staked on a particular app for a longer duration, the higher that app is likely to appear in the directory.

#### Crucial Point: No Direct Rewards from Pi Network

In typical cryptocurrency “staking,” additional cryptocurrency is often paid as a reward for deposited assets. However, Pi Network’s Ecosystem Directory Staking does not offer direct rewards from the Pi Network itself.

This is a significant distinction, indicating that Pi Network prioritizes community contribution and overall ecosystem growth through this feature, rather than speculative motives.

#### Potential for Incentives from Third-Party Developers

So, why would Pioneers stake Pi without rewards? The key lies in the incentives offered by third-party developers who build Pi Apps. According to Pi Network’s official statement, app developers can set their own unique incentives for users who participate in staking, in one of the following forms:

– **Exclusive features**: Special features available only to users who have staked Pi.
– **Better user experience**: Perks that improve the quality of experience, such as ad removal or faster processing.
– **In-app rewards**: Virtual currency, items, or points usable within that app.
– **Promotions**: Access to exclusive sales or discounts.
– **Or nothing at all**: Since incentives are left to the discretion of the app developers, there may be cases where no rewards are offered.

Thus, the presence and nature of incentives vary significantly depending on the app you choose to stake with. Therefore, it is crucial to thoroughly check what incentives (if any) the app you wish to support offers before staking.

#### Safety of Staked Pi: Return After Lock-up Period

Once the set period concludes, staked Pi is automatically returned to the original Pioneer’s account. Pi is not permanently lost; it is only temporarily locked. However, it is important to note that once staking begins, it cannot be canceled during the specified period.

### Benefits and Considerations for Participation: For a Wise Decision

When considering participation in this new feature, we will objectively explore the expected benefits and points to be aware of.

#### Contribution to the Ecosystem and Expectations for Pi’s Value Appreciation

The greatest benefit of participating in Ecosystem Directory Staking is the ability to directly contribute to the realization of the decentralized Web3 ecosystem that Pi Network aims for.

– **Promoting the growth of high-quality apps**: Your Pi helps spread truly valuable Pi Apps throughout the community, which is expected to vitalize the entire Pi ecosystem.
– **Expanding Pi’s use cases**: By being utilized within the ecosystem rather than just as a digital asset, Pi’s practical value (use cases) expands. This can potentially lead to an increase in Pi’s long-term value.
– **Strengthening community engagement**: As Pioneers actively participate in the ecosystem, strong relationships are built between users and developers, fostering a more vibrant community.

This feature can be said to embody Pi Network’s philosophy of not just holding Pi, but collaboratively “building” its future.

#### Points to Note Before Participation

On the other hand, there are several points to be aware of when participating in this feature.

– **Uncertainty of rewards**: As mentioned, there are no direct rewards from the Pi Network itself, and incentives are at the discretion of third-party developers. There might be cases where no incentives are offered, or they might not be as valuable as expected. It’s crucial not to overly expect financial returns from staking.
– **Restrictions on Pi usage during the lock-up period**: Staked Pi will be locked for the specified period and cannot be freely traded or transferred. It is recommended to participate with surplus Pi to avoid inconvenience by locking up necessary funds.
– **Overall project progress and future prospects**: Pi Network is currently still in the development phase, moving towards Mainnet migration and full-scale ecosystem operation. While Ecosystem Directory Staking is an important step, it is wise to consider the overall progress and future prospects of Pi Network before participating.

### Future Outlook: Evolution of the Pi Network Ecosystem

Finally, we will discuss the future Pi Network aims for through Ecosystem Directory Staking and how it can contribute to the evolution of Web3.

Ecosystem Directory Staking is a significant step towards realizing the “community-driven Web3 ecosystem” advocated by Pi Network. A mechanism where users themselves discover and support the growth of valuable content and services within the ecosystem, without the intervention of centralized administrators, is one of the ideal visions for Web3.

If this feature succeeds, Pi Network has the potential to transcend being merely a cryptocurrency project and present a new model of a digital economy where users and developers cooperate and coexist. A positive cycle is anticipated, where high-quality Pi Apps gain user support and grow, which in turn attracts more users, expanding the entire Pi ecosystem.

Of course, many challenges still exist, such as the diversity of incentive designs by third-party developers and the overall maturity of the Pi ecosystem. However, Ecosystem Directory Staking is proof that Pi Network is seriously pursuing a decentralized future, and its evolution will be a very interesting case study for predicting the future of Web3.

### Conclusion: Building a New Digital Ecosystem with Pi Network

In this article, we thoroughly explained Pi Network’s “Ecosystem Directory Staking,” including its purpose, mechanics, benefits, and considerations. This new feature plays a crucial role in the community-driven, decentralized Web3 ecosystem that Pi Network aims for.

Unlike typical staking aimed at rewards, this feature is designed for Pioneers to contribute to the development of the Pi ecosystem and support truly valuable applications. By locking your Pi, you can boost the ranking of your favorite Pi Apps and contribute to the overall vitalization of the Pi ecosystem. This can potentially create a positive cycle that may lead to an increase in Pi’s long-term value.

Pi Network is more than just a cryptocurrency. It has a grand vision of building a new digital frontier that people worldwide can access and contribute to. Ecosystem Directory Staking is just one step towards making that vision a reality. So, why not join Pi Network on a journey to design the future of a new digital ecosystem?

We encourage you to experience this new feature through the Pi Browser and check Pi Network’s official information to deepen your understanding.

The Truth About Pi Network’s ‘Second Wave Migration’ and the Shock of 276 Million Pi Token Unlock: A Comprehensive Analysis of a Complex Situation

The Pi Network community is currently being rocked by rumors of a ‘Second Wave Migration’ and the impending massive unlock of 276 million Pi tokens. The unresolved KYC issues faced by long-standing Pioneers and the uncertainty of the future are now placing Pi Network at a significant crossroads. Why has this situation arisen, and how will it impact the future of Pi Network?

This article aims to objectively and clearly unravel these complex issues, providing readers with a solid perspective to deeply understand Pi Network’s current situation and discern its future movements.

### Introduction: The Two Storms Facing Pi Network – ‘Second Wave’ and ‘Massive Unlock’

Pi Network has attracted tens of millions of users (Pioneers) worldwide as a cryptocurrency that can be easily mined on smartphones. However, in recent years, many users have encountered challenges with processes such as migration to the Mainnet and Know Your Customer (KYC) verification. Now, information is spreading within the community that users who previously completed migration are facing new migration steps, and a massive unlock of 276 million Pi tokens is scheduled for June 2024, raising concerns about market pressure.

These circumstances are deepening worries about Pi Network’s stability and future prospects, leaving many Pioneers in a whirlpool of confusion and frustration.

### The Chaos of ‘Second Wave Migration’: Community Disruption Caused by Lack of Official Announcements

This section delves into the specific situation of the ‘Second Wave Migration’ whispered among Pi Network users and why it’s causing such significant disruption. Understanding the impact of mixed official and unofficial information will reveal the complex background of the current situation.

#### New Steps Appearing for Already Migrated Users

Just as many Pi Network users thought they had completed the Mainnet migration process, finished KYC, and set up their Pi Wallets, they began to notice anomalies in their Pi app checklists. New items flickered like warning signs, indicating what appeared to be a second round of migration steps.

This situation triggered intense frustration and unrest, particularly on social media platforms like X (formerly Twitter). Screenshots of updated migration checklists flooded timelines, and users reacted with shock, anger, and even bitter resignation. One user, expressing accumulated frustration after years of mining and waiting, posted: “This Pi nonsense. After years of mining, we are denied access to our coins. The Core Team should reconsider how they manage what they call the Pi community.” This post laid bare their deep-seated dissatisfaction.

#### New Demands Amidst Unresolved KYC Issues

Complicating the matter further is the fact that many users being asked to complete these new migration steps have yet to even complete their initial KYC process. Despite taking all necessary steps, they remain stuck in what has been dubbed ‘KYC purgatory’—a state of waiting for approval. This is akin to being caught in a traffic jam while seeing a new lane, inaccessible to you, open up ahead, deepening the confusion.

#### Absence of Official Announcements: Core Team’s Silence Breeds Mistrust

Exacerbating this confusion was a misleading post by a celebrity parody account claiming that “Pi Network’s second wave migration has begun,” which then went viral. This post touted the ability to “unlock the use of Pi for real-world purchases, DApps, and Web3 apps,” leading many users to mistakenly believe it was official information. However, the Pi Core Team has not confirmed this ‘Second Wave Migration’ through any official channel. There have been no blog posts, no roadmap updates, and no concrete announcements—only rumors and speculation.

Throughout years of testnet operation, the dream of Pi Network was underpinned by its potential for real-world use, such as “buying coffee with Pi, purchasing clothes, and using services.” However, a dream without structure inevitably creates tension and mistrust among users.

### The Impact of 276 Million Pi Token Unlock on the Market and Picoin Price Trends

This section analyzes the potential impact of the massive Pi token unlock scheduled for June 2024 on the Pi Network ecosystem, particularly on Picoin’s market price. We will explore potential market risks based on current price trends and technical indicators.

#### Impending Massive Release of 276 Million Pi

In addition to the ‘Second Wave Migration’ chaos, a staggering 276 million Pi tokens are slated for unlock in June 2024. Based on Pi’s current valuation, this amounts to approximately $176 million (about 27 billion JPY). In the cryptocurrency market, such large-scale token unlocks typically significantly increase market supply, exerting downward pressure on prices.

#### Picoin’s Current Weak Price Trend and Technical Analysis

Pi Coin has already been on a downward trend for several weeks, hovering near the critical level of $0.64. The current charts paint an even grimmer picture:

* **30-minute chart:** The price is clinging to the lower Bollinger Band, and the RSI (Relative Strength Index) at 40.27 suggests weak buying pressure. The MACD (Moving Average Convergence Divergence) is flat, indicating no clear trend.
* **5-minute chart:** The RSI is at 29.00, in the oversold territory, which would typically be seen as a sign of potential rebound. However, there’s no significant increase in volume or breakout candlesticks, showing little sign of reversal.
* **1-minute chart:** After temporarily hitting an intraday low of $0.6405, there was a slight rebound, but this was more of a temporary ‘hiccup’ than a recovery. A downtrend of lower highs and lower lows continues, and unless this situation changes rapidly, the $0.64 support level is unlikely to hold for long.

Should the $0.64 support be broken, the next target would be $0.60, and in the worst-case scenario, a drop to the psychological level of $0.40 must be considered. The combination of a massive unlock, community dissatisfaction, unresolved KYC issues, and the lack of official announcements from the Core Team could create a potent ‘cocktail’ for significant market disruption.

Of course, if the range of $0.65 to $0.66 is reclaimed with strong volume, there remains a chance for the bulls to counter. However, this would require not just a temporary rise but fundamental buying pressure that convinces the market that it’s ‘not over yet.’

### Fundamental Challenges Facing Pi Network: Communication and Trust Gaps

Why is Pi Network, which has been supported by its community for years, now facing such an uncertain situation? This section explores the communication challenges between the Core Team and users, and how they are impacting the project’s reliability.

#### User Frustration and Core Team’s Lack of Transparency

Pi Network Pioneers have diligently mined for years, contributing to the project’s growth. What they now seek is clear information and a path forward. However, the current reality is one where goals frequently shift, new challenges like the ‘Second Wave Migration’ are introduced, and KYC issues remain unresolved. This gives users the feeling of participating in a game where the rules keep changing mid-way, shaking their trust in the project.

With the Mainnet expected to launch and enable real-world usage, the inability of many users to access their coins means that goal seems increasingly distant.

#### The Difficulty of Scaling a Large-Scale Decentralized Network

To be fair, building and scaling a massive decentralized network like Pi Network is by no means easy. The development process is bound to encounter bugs, bottlenecks, and delays. Technical challenges are an unavoidable aspect.

However, the problem isn’t just technical; it’s also emotional. If users feel ignored or left behind, regardless of how excellent the technical foundation, the overall vitality of the community will wane, ultimately causing the entire network to suffer. The Core Team needs to proactively disclose information and communicate more effectively to bridge this emotional gap.

### Paving the Way for Pi Network’s Future: Expectations for the Core Team and the Power of the Community

What changes are needed for Pi Network to realize its full potential and become a truly ‘functioning economy’? This section discusses the clear actions required from the Core Team and the persistent hope of Pioneers who continue to support the project.

#### Demands for Transparency and a Clear Roadmap

It is an urgent necessity for the Core Team to provide official updates and ensure transparency to resolve the current confusion and restore community trust. This includes:

* An official explanation of the phenomenon termed ‘Second Wave Migration,’ identifying who is affected and the process involved.
* A concrete plan to permanently resolve outstanding KYC issues.
* Measures to stabilize Picoin’s price amidst the upcoming large-scale Pi token unlock.

These are more than just UI changes or checklist updates. They represent the rebuilding of ‘confidence’ in the project, which will determine whether Pi Network establishes itself as a ‘functioning economy’ or is remembered as a ‘tale of lost potential.’

#### The Path to a ‘Functioning Economy’ and Pioneers’ Enduring Hope

Despite everything, many Pioneers have not given up hope. Even amidst mounting frustration, there is a quiet determination within the community to continue supporting Pi Network. This might be a stubborn belief, or perhaps the sentiment that “we’ve come this far; we can’t give up now.”

Whatever the reason, one thing is certain: June 2024 will be a ‘make-or-break moment’ for Pi Network. We are watching the chart movements closely, hoping for clarification on migration, and many Pioneers are praying that years of effort will finally be rewarded as they await that moment.

### Conclusion and Future Outlook: Can Pi Network Evolve into a True Decentralized Ecosystem?

Pi Network is currently grappling with a confluence of challenges: rumors of a ‘Second Wave Migration,’ unresolved KYC issues, and a massive unlock of 276 million Pi tokens. Picoin’s price is also showing a weak trend, with crucial support levels being tested.

At the heart of this turmoil is a communication gap and lack of transparency between the Core Team and the community, which is shaking confidence in the project. While building a large-scale decentralized network is difficult, addressing not only the technical aspects but also users’ emotions and expectations is key for Pi Network to evolve into a truly ‘functioning economy.’

Whether Pi Network can navigate this difficult period and realize its vision of a decentralized ecosystem depends on the Core Team’s future actions and the community’s continued support. It is crucial to monitor future developments and always check official information.

We will continue to provide the latest information and in-depth analysis regarding Pi Network. If this article has helped you understand Pi Network’s current situation, please share it and let us know your thoughts in the comments. We hope your insights will contribute to the growth of the entire Pi Network community.

Pi Network’s Turbulent June 2025: The Truth About IOUs and Future Prospects

Pi Network, a cryptocurrency project capturing the attention of millions worldwide, has always oscillated between hope and uncertainty. June 2025, in particular, proved to be a tumultuous month for Pi Network. Significant price fluctuations and shifts in market sentiment sparked vigorous debate among many participants.

This article objectively and deeply explores what happened to Pi Network’s IOU price in June 2025, the underlying factors, the inherent challenges Pi Network faces, and its future possibilities. By gaining this information, you will be able to more accurately understand the current state of Pi Network and lay the groundwork for calmly assessing its future developments.

## Pi Network’s Turbulent June 2025: What Happened?

In June 2025, Pi Network’s IOU price underwent a significant correction. Its price plummeted by approximately 28%, temporarily falling from $39 to the $28 range. This sharp decline raised concerns among many investors and ignited intense discussions within the Pi Network community.

For the millions of ‘Pioneers’ who have spent time and effort mining Pi on their smartphones, this was not merely a temporary price drop. It was truly a ‘litmus test’ moment that challenged their belief in the project’s long-term potential. This price decline clearly demonstrated the speculative nature of the IOU market.

### Pi Coin IOU Price Plunge and Community Disquiet

This decline was not a sudden flash crash but a slow downward trend. As a result, investor confidence gradually eroded, sparking profound discussions within the community about Pi Network’s future and the true value of IOUs. This period of uncertainty underscored the critical importance of understanding the decisive difference between IOUs and actual Pi coins.

### Main Factors Behind the Price Drop: Pi Network’s Unique Circumstances

The primary reasons for Pi Network’s IOU price plummeting by 28% can be primarily attributed to the following two points:

1. **Profit-taking and Cooling Down of Overheated Expectations:** On-chain data (transaction history on the blockchain) indicated a surge in selling activity in the middle of the month, particularly from large holders securing their profits.
2. **Lack of Information from the Pi Core Team:** The absence of a specific open mainnet launch date or the announcement of a new roadmap further exacerbated the price decline. Automatic sell orders were triggered when the price fell below $35, accelerating the downturn.

On social media, negative sentiments like ‘Pi is a scam’ and ‘no mainnet’ became trending topics, turning perception into reality. With no positive developments, the IOU price continued to fall.

### Impact of the Overall Market Downturn on Pi Network

Pi Network’s 28% decline was not an isolated phenomenon. It was a symptom of a larger downward trend that swept across the entire cryptocurrency market. June 2025 was a challenging month for the market as a whole, characterized by significant losses, widespread fear, and general uncertainty pervading the digital asset space. The term ‘crypto bloodbath’ was frequently used to describe the market conditions.

1. **Bitcoin (BTC) Plunge:** Bitcoin, the bellwether of the cryptocurrency market, dropping over 15% sent shockwaves throughout the industry.
2. **Ripple Effect on Altcoins:** The decline in Bitcoin’s value had a cascading effect on most other cryptocurrencies like Ethereum (ETH), Solana (SOL), and Cardano (ADA), with these altcoins experiencing even steeper drops than Bitcoin.

When Bitcoin falters, highly speculative projects like Pi Network are hit the hardest. Furthermore, high interest rates and economic uncertainty created a ‘risk-off’ environment, prompting investors to review their portfolios and seek safer assets. Pi, being pre-launch and not yet fully established, was particularly vulnerable to these market dynamics. The combination of an overall market sell-off, negative macro trends, and a shift towards risk-off amplified Pi Network’s losses.

## The Misunderstood ‘IOU’: The Truth You Need to Know

The Pi currently being traded on some exchanges is not, in fact, the ‘real’ Pi coin. Understanding this crucial distinction is paramount for engaging in any trading activity. Even if these platforms appear to list Pi, what they are offering are essentially IOUs, not the actual cryptocurrency you have been mining.

### IOU is a ‘Promissory Note,’ Not Real Pi Coin

IOU stands for ‘I Owe You,’ signifying a type of ‘acknowledgment of debt’ or ‘promissory note.’ In the context of Pi Network, an IOU is merely a speculative placeholder representing a ‘promise for the future’ that Pi coins will be provided once the mainnet launches and actual Pi coins become transferable. Think of it like a ‘pre-sale ticket’ for an event that hasn’t happened yet. Its value is based almost entirely on speculation and expectation.

* The IOU price is driven almost entirely by the hype surrounding Pi Network, social media buzz, and general excitement.
* It does not necessarily reflect the fundamental value of the project or the potential of the Pi cryptocurrency itself.
* The IOU market is susceptible to manipulation and unpredictable price swings because it is influenced by rumors, speculation, and the actions of a relatively small number of traders.

This activity in the IOU market does not indicate actual network activity or the true utility of the Pi cryptocurrency. It is merely a reflection of speculative trading taking place on these isolated exchanges. The true value will be determined by network adoption and usage after the mainnet launch.

### Speculative Nature and Potential Risks of the IOU Market

The IOU market has low liquidity and can be easily manipulated. Low trading volume means there are few buyers and sellers. Even a relatively small transaction or a single large trade can dramatically swing the price, potentially leading to artificial ‘pump and dump’ schemes that are detrimental to inexperienced traders.

Even if there’s good news from the Pi Core Team – positive progress or significant milestones – the IOU price might not move at all if traders aren’t paying attention or if market sentiment is already biased in a certain direction. The IOU market functions independently of actual project development.

Volatility is a double-edged sword. While the IOU market offers the potential for quick gains due to its susceptibility to extreme price swings, it also carries the risk of sudden and significant losses. You could potentially lose most, if not all, of your investment in a very short period.

Many Pioneers tend to mistakenly judge the value of the Pi they’ve diligently mined through the Pi app by the IOU price, leading to unrealistic expectations. However, this can be misleading and lead to disappointment. The IOU price is not a reliable indicator of Pi’s future value.

The actual launch price of Pi, once the mainnet is live and Pi is truly tradable, could differ significantly from what the IOU market currently suggests. It could be substantially higher if demand and utility are strong, but it could also be much lower if there are massive sell-offs or a lack of real-world use cases. The IOU market can create unrealistic expectations, generate false valuations, lead to disappointment for many Pioneers, expose the community to unnecessary financial risks, and encourage speculative behavior. It is a financial and psychological minefield for those unaware of the risks involved.

Until the mainnet launches, the IOU price is merely a speculative guess, a ‘guesstimate’ based on limited information and a lot of hope. Let’s not confuse it with the real thing. Approach the IOU market with extreme caution, and remember that the true value of Pi will only become apparent after the mainnet launch.

## Pi Network’s Biggest Challenge: The Impact of Mainnet ‘Delays’

Pi Network’s biggest challenge is the ‘endless delay’ of its open mainnet. The specific launch date remains ‘coming soon,’ and the community’s patience is wearing thin.

### Concerns Over Mainnet Launch Progress

The Pi Core Team states that KYC (Know Your Customer) migration and a robust application ecosystem are necessary before the open mainnet, but progress is difficult to measure. Each delay prolongs investor anxiety and increases selling pressure.

The IOU price is like a ‘bet’ on the future of the mainnet. The longer the delay, the riskier that bet becomes. If user fatigue builds up, users might abandon the project, and the IOU price could undeniably crash. Until the open mainnet launches, Pi’s potential remains locked, and its credibility hangs in the balance.

### Impact of Delays on Credibility and Project Future

For a project’s credibility, transparency in development and adherence to its roadmap are essential. In Pi Network’s case, the lack of visible mainnet progress fuels community anxiety and may diminish mid- to long-term participation interest. This delay is not merely a technical issue; it could lead to fundamental doubts about the project’s future. Investors and developers are seeking concrete answers to when Pi will actually be usable and when its true value will be realized.

## Two Keys Shaping Pi Network’s Future

So, what holds the potential to turn Pi Network’s situation around? Two major keys exist that will shape its future.

### Massive Mainnet Migration Progress

The first key is the announcement of massive user migration to the mainnet. If the Core Team announces that millions of users have migrated to the mainnet, it would serve as proof that the project is making ‘real progress.’ This would counteract the negative perception of endless delays and significantly boost community trust. News of a large-scale migration would likely sweep social media, reverse sentiment, and spark an IOU price rally.

A large number of users participating on the mainnet means that a stronger, more active ecosystem will be built at launch. This is not mere hype but fundamental progress for the project. Progress in migration could be the catalyst Pi needs.

### Overall Cryptocurrency Market Recovery Trends

The second major catalyst is the recovery of the overall cryptocurrency market. If Bitcoin recovers and an ‘altcoin season’ (a period where altcoin prices surge after Bitcoin’s price stabilizes) arrives, highly speculative projects like Pi Network could see significant gains.

Pay attention to the ‘Bitcoin Dominance’ chart. A decline in this figure suggests that funds are flowing into altcoins. In July 2025, we might see investors rotating funds back into riskier assets, which could fuel a Pi price rally.

Pi’s fate hinges on both its internal progress and external market trends. If these two factors align, Pi’s price could explode. Market euphoria alone could push Pi even higher. July 2025 holds the potential to be a ‘perfect storm’ for Pi Network’s resurgence.

## Pi Network’s Position from Comparison with Other Projects

To understand Pi Network’s characteristics more deeply, let’s compare it with other cryptocurrency projects. For example, Shiba Inu (SHIB), which also declined in June 2025, is at least an operational and tradable asset with an active ecosystem. Similarly, Cardano (ADA), sometimes criticized for slow progress, is at least a functional blockchain.

However, Pi Network’s value rests entirely on its future potential, not its current utility. Pi’s greatest strength is arguably its user base of over 55 million, which will be immediately available upon launch. This is a scale most projects can only dream of. But all of its potential remains sealed until the mainnet launches.

Pi’s price fluctuates based on speculation, not fundamental utility. Its recovery depends on ultimately launching the open mainnet, not on developing superior technology compared to other projects. The June 2025 decline was due to the overall market downturn and the limits of community patience, not simply competition with other projects. Pi’s future hinges on whether it can finally launch its mainnet.

## Conclusion: A Calm Perspective on Pi Network’s Future and Next Steps

June 2025 was a tough month for Pi Network. The IOU price dropped by 28%, and community trust was shaken. Real risks, such as the endless mainnet delays and the speculative nature of the IOU market, exist and hold the potential for further pain.

However, July 2025 offers a glimmer of hope. Two significant ‘catalysts’ – a massive mainnet migration announcement and the recovery of the overall cryptocurrency market – could potentially transform Pi Network’s situation. If internal progress aligns with external momentum, it could reverse the negative trend, erase the losses of June 2025, and potentially climb to new heights.

The Pi Network project is still in its early stages, and its true value will only become apparent with the mainnet launch and the development of its ecosystem. It is paramount to understand that the current IOU price merely reflects market expectations and speculation, and to maintain a calm, objective perspective. For those interested in Pi Network’s future trends, it is advisable to carefully follow official project announcements and reliable information sources, without being swayed by emotions. Always conduct your own thorough research and consideration before deciding on your next learning steps or actions.

What is Dr. Nicolas Kokkalis’s “Silent Strategy,” Pi Network’s Founder? Building New Value That Questions the Cryptocurrency World

The modern cryptocurrency market is awash with flashy social media promotions and discussions driven by short-term price fluctuations. Many projects compete to grab attention through frequent updates from founders and large-scale marketing campaigns. However, there’s an exceptional project that quietly and steadily continues to expand its user base.

That project is “Pi Network.” And its founder, Dr. Nicolas Kokkalis, distinguishes himself from many other prominent figures in the crypto world by rarely appearing in public and making extremely infrequent posts on social media. Why has he chosen silence? Is it merely indifference?

This article delves into how Dr. Kokkalis’s “silent strategy” is not mere indifference but a cleverly designed approach for Pi Network’s long-term success and fundamental value creation. We will objectively explain Pi Network’s vision, which pursues true utility beyond hype, and how it could influence the future of cryptocurrency.

1. **Overturning Modern Crypto Market Norms with “Silence”**

In the world of cryptocurrency, it has become almost standard for project founders to actively post on social media and interact with their communities. However, Dr. Nicolas Kokkalis, the founder of Pi Network, has defied this norm, making almost no posts on Twitter (now X) and maintaining silence for many years. This silence has been a mystery to many.

1.1. **Dr. Kokkalis’s Social Media Silence and Pi Network’s Unusual Growth**

While many cryptocurrency projects chase social media “buzz,” Dr. Kokkalis has conducted very little overt promotional activity. Despite this, Pi Network has grown its user base at an astonishing pace, now forming a massive community with over 60 million participants (Pioneers) worldwide.

This suggests that Pi Network is taking a fundamentally different approach compared to other projects that attempt to manipulate token prices with a single social media post. The fact that it has grown to such a scale without relying on social media hype speaks volumes about Pi Network’s uniqueness and the cleverness of the strategy behind it.

1.2. **Appearance at Consensus 2025 and Market Reaction**

In one of his first public appearances in years, Dr. Kokkalis was seen at “Consensus 2025,” a major cryptocurrency conference held in Toronto. Interestingly, after his presentation, the price of Pi temporarily dropped.

Typically, a significant announcement from a founder is expected to boost market prices, but this reaction symbolizes that Pi Network is not focused on short-term price fluctuations or speculative movements. Rather, it highlights the project’s commitment to steady foundational building and establishing utility, prioritizing long-term value over immediate prices.

2. **Quiet Practice: Pi’s Strategy of Pursuing Substance, Not Hype**

Pi Network’s growth is supported not by superficial buzz, but by the “quiet practice” at its core. This is a unique strategic choice that sets it apart from many other projects.

2.1. **Steady Transition to “Full Decentralization”**

In his Consensus 2025 presentation, Dr. Kokkalis mentioned that Pi Network has already transitioned to “full decentralization,” separating from centralized servers, with everything processed by community-operated “nodes.” This is a crucial development: not just a concept, but a system actually operating in this manner.

While many projects loudly announce innovative updates on social media, Pi Network has quietly but steadily implemented them. This approach of “silent execution” rather than “vocal promises” is what enhances Pi Network’s trustworthiness and substance.

2.2. **Similarity to Early Bitcoin: The Power of Silence**

Pi Network’s approach is reminiscent of early Bitcoin. “Satoshi Nakamoto,” the alleged creator of Bitcoin, also did not use social media platforms like Twitter, instead communicating directly with the community on the forum he launched, “Bitcoin Talk.”

Dr. Kokkalis also prioritizes direct communication with “Pioneers” (users) through Pi Network’s in-app chat system. This is a strategy to convey necessary information directly and accurately, without getting caught up in the clamor of social media.

Just as Bitcoin was quietly launched, spread by word-of-mouth, and exploded in popularity once its true value was understood, Pi Network also holds the potential to follow a similar path. However, while Bitcoin was at this stage with a few thousand participants, Pi Network has already had over 60 million people participating in building and testing for several years, indicating a vastly larger scale of preparation.

3. **Pi Network’s Unique Communication Strategy: Control and Community**

Pi Network’s “silent strategy” means more than just distancing itself from social media. It is a calculated strategy to control the flow of information and foster a genuine community.

3.1. **Information Dissemination via Proprietary In-App Ecosystem**

While other cryptocurrency projects heavily rely on external platforms they cannot control, such as Twitter, YouTube, and Discord, Pi Network has built its own communication system. All updates, announcements, and important news are delivered directly to active users through the Pi app.

The advantages of this approach are immeasurable. There is no risk of information being filtered by algorithms or subjected to shadow banning by platforms. Pi Network can completely control its own “story” and disseminate information without external interference. This is a truly groundbreaking mechanism, especially as many projects struggle with their relationships with social media platforms.

3.2. **Attracting “True Users” Instead of Speculators for Community Building**

By intentionally avoiding the social media hype game, Pi Network has attracted not short-term profit-seeking speculators, but individuals who genuinely use the platform and contribute to building its ecosystem. This has fostered a healthy and active community, fundamentally different from many other projects.

Even after Pi’s price temporarily dropped after Consensus 2025, serious discussions about Pi’s technology and its potential continued actively within the community. Such “intrinsic interest” forms the foundation for building sustainable, long-term value, rather than temporary pump-and-dump cycles.

Within the Pi community, there’s a joke that “Pi will hit $5 if Dr. Nicolas just posts on Twitter,” which reflects the long-standing anticipation within the Pi community. When Pi is listed on major exchanges, this anticipation may not be a fleeting one, but rather one underpinned by real utility and a strong community, potentially leading to long-term impact.

4. **Pi Network’s Current Status and Long-Term Outlook**

Under its “silent strategy,” Pi Network is steadily solidifying its foundation and preparing for the future.

4.1. **Current Status of Pi Network’s Aim for an “Open Network”**

While a previous source mentioned the open network launching in February 2025, current information (as of May 2024) indicates that Pi Network is still in its “Closed Mainnet” phase, awaiting the fulfillment of specific conditions (e.g., reaching KYC completion user targets, building ecosystem utility) before transitioning to the Open Mainnet.

However, this does not mean the project is stagnant. Even during the Closed Mainnet phase, users can test Pi and execute transactions within the ecosystem. This preparation period is a crucial step for the project to be fully stable and have a rich array of practical applications before being released to a larger market.

Unlike Bitcoin, which grew with a small number of participants in its early stages, Pi Network already has over 60 million Pioneers who have been participating in the project’s building and testing for years. This vast user base and well-prepared infrastructure hold the potential to create an immeasurable impact once the transition to the Open Network is realized.

4.2. **What “Silence” Reveals About Pi Network’s Future**

Pi Network’s approach is independent and distinct from traditional cryptocurrency marketing methods. This suggests that when Pi reaches mainstream recognition, it could emerge not as a mere empty hype project, but as a “functioning ecosystem” with millions of real users, concrete applications, and proven utility.

If Dr. Kokkalis begins posting regularly on social media in the future, it is hypothesized that it would not be to generate hype, but to announce that Pi Network is ready to advance to its next major phase. At that time, many people will be surprised by what has been quietly built right before their eyes.

**Conclusion: A Quiet Revolution Shows a New Form of Cryptocurrency**

Pi Network founder Dr. Nicolas Kokkalis’s “silent strategy” is more than just avoiding the limelight. It is a clear statement of intent to pursue sustainable value rooted in true innovation, utility, and strong community building, in a cryptocurrency world often dominated by short-term speculation and social media hype.

While many projects rely on social media “noise” to attract immediate attention, Pi Network has taken the opposite path, focusing on building a functional, community-driven ecosystem. Millions of active users are already building, testing, and transacting within the ecosystem, steadily forming its foundation. This grassroots movement does not require constant attention from influencers or flashy announcements.

Pi Network aims for “long-term value” rather than “overnight riches,” prioritizing utility and adoption. This approach mirrors Bitcoin’s path to success in its early days, which relied not on marketing or mainstream media, but was driven by a dedicated group who believed in the technology and its potential. However, Pi has achieved a broad user base from the outset by offering a mobile-first design and a more accessible entry point.

In today’s cryptocurrency world, where speculation often obscures substance, Pi Network stands out by focusing on utility and widespread adoption. The project is being built for long-term operation, not for short-term price surges. Regardless of whether specific voices are active online, the network continues to evolve, and that is what will determine Pi’s future success.

By checking Pi Network’s official website and related information, gaining a deeper understanding of its full scope, and observing how this “quiet revolution” will bring new norms to the future of cryptocurrency, will be highly significant for us. The future may be taking shape more quietly, yet more certainly, than we imagine.

Unveiling Pi Network’s ‘Open Network’: A $100M Fund and Gaming Drive Its Utility-Focused Future

For years, Pi Network has captured global attention with its innovative approach to mobile mining. Many users have eagerly anticipated its future potential, particularly the opening of the ‘mainnet’ and the concrete utility of their earned Pi coins.

Now, Pi Network is transitioning into a new phase called ‘Open Network,’ reaching a critical juncture where these expectations will be put to the test. Approximately 100 days into this transition, Pi Network is demonstrating tangible efforts to build a cryptocurrency ecosystem that prioritizes ‘utility’ rather than being merely a speculative asset. Will Pi truly become a ‘usable’ cryptocurrency deeply rooted in our daily lives?

This article delves into what has transpired in the first 100 days since Pi Network’s Open Network transition, exploring the core of its vision and concrete strategies to accelerate its ecosystem, all based on reliable information. We particularly focus on the newly established $100 million fund, ‘Pi Network Ventures,’ and the potential of the gaming sector it prioritizes, unraveling the future of ‘utility’ that Pi Network aims for.

## Long-Awaited Realization: The Significance of Pi Network’s ‘Open Network’ Launch

Pi Network, which has attracted global attention through mobile mining, has transitioned into the ‘Open Network’ phase, a stage where its true value will be tested. This section deeply explores how this transition connects to Pi’s envisioned future and its profound significance.

### Pi Network’s Journey: Over 6 Years of Development and Mobile Mining

Since its launch in 2019, Pi Network has garnered tens of millions of users worldwide, thanks to the ease of mining Pi coins for free via a smartphone app. Its core concept was to expand the potential of blockchain technology to ordinary people without specialized knowledge. However, previous stages primarily focused on technological development and user base expansion, with a cautious approach to the so-called ‘open mainnet’ transition.

### What is ‘Open Network’?: The Path to Utility and Universal Access

The ‘Open Network’ that Pi Network aims for signifies not just a complete technical infrastructure but also an environment where external connections are actively fostered, and Pi coins can be genuinely utilized. Specifically, it means external companies and developers can build services on Pi’s blockchain, allowing users to conduct peer-to-peer (P2P) transactions directly with Pi coins and interact within various applications.

Pi Network’s ambition from the outset has been to create a cryptocurrency accessible to everyone and useful in daily life. This transition to ‘Open Network’ is a crucial step towards realizing that vision.

This reflects Pi Network’s fundamental philosophy of pursuing ‘utility’ through real-world problem-solving and value provision, rather than merely being an object of ‘speculation’ where cryptocurrency values fluctuate.

## Catalyst for Ecosystem Acceleration: The Role of the $100 Million ‘Pi Network Ventures’ Fund

To materialize its ‘Open Network’ vision, Pi Network has launched a large-scale funding program. This section explains how this $100 million fund aims to contribute to the ecosystem’s growth.

### What is ‘Pi Network Ventures’?: Fund Allocation and Objectives

One of the most notable developments in the first 100 days after the Open Network transition was the launch of ‘Pi Network Ventures,’ a $100 million investment fund. This fund, composed of both Pi coins and US dollars (USD), has been allocated to support startups and projects contributing to the strengthening of the Pi ecosystem.

This fund has three distinct strategic objectives:

* **Promote Pi Utilization:** Create more opportunities for Pi coins to be used in more places and more frequently.
* **Stimulate Economic Activity on the Network:** Develop an environment where users and businesses can create and exchange economic value within the Pi ecosystem.
* **Connect Pi with the Real World:** Ensure Pi Network’s technology and Pi coins are useful in solving actual business and daily life challenges.

These objectives are directly tied to Pi Network’s vision of ‘utility.’ Through financial support, the expectation is that innovative applications and services built on Pi will emerge.

## Gaming Driving Pi Network’s ‘Utility’: Concrete Examples and Potential

One of the areas Pi Network Ventures particularly focuses on is gaming. This section explores why gaming is crucial for Pi’s practical use and widespread adoption, and examines its potential through specific examples.

### Why is Gaming Prioritized?: Web3.0 and Engagement

In recent years, blockchain technology and cryptocurrencies have shown high compatibility with the gaming industry (especially Web3.0 games and Play-to-Earn (P2E) models). Games naturally foster high user engagement and often feature in-game economies, providing an ideal environment to test the ‘utility’ of cryptocurrencies. Pi Network prioritizes the gaming sector for the following reasons:

* **Large User Base:** Directly provides Pi utilization opportunities to a global Pi user base.
* **High Engagement:** Makes Pi usage an everyday experience through gaming.
* **Creation of Economic Activity:** The use of Pi for buying/selling in-game items or as rewards creates activities similar to a real economy.

Gaming can also serve as an entry point into the world of cryptocurrencies, helping more users become familiar with the Pi ecosystem.

### Case Study: Integration with the Fruit Match Game ‘Free’

A concrete example of Pi Network Ventures’ focus on gaming is its integration with ‘Free,’ a fruit match game. This game is incorporated into the Pi Network ecosystem, featuring Pi coin payment functionality and user-to-user social interaction.

Such integration examples demonstrate Pi’s role not merely as a digital asset but as a ‘currency’ that can be actively used for in-game purchases and interactions. In the future, a wider variety of game genres are expected to join the Pi ecosystem, expanding Pi’s use cases.

## Challenges and Future Outlook for Pi Network: The Path to True Adoption

While Pi Network’s Open Network transition is a significant step, many challenges remain for true widespread adoption. This section objectively examines these challenges and considers future prospects.

### Difficulty in Ecosystem Expansion: Acquiring Developers and Users

The $100 million fund provides a strong boost, but building a truly sustainable ecosystem requires the continuous acquisition of high-quality developers and users who will utilize the services they create. To achieve the ‘utility’ Pi Network aims for, not just games but attractive applications and services in diverse fields must continuously emerge.

### Definition of ‘Utility’ and Market Acceptance

Pi Network emphasizes ‘utility over speculation,’ but the question remains how attractive this ‘utility’ will be to users compared to other established payment systems or existing cryptocurrencies. Factors such as ease of use, fees, processing speed, and service quality will be key to widespread market acceptance.

### Gap Between Community Expectations and Reality

After years of mobile mining, the Pi Network user community has high expectations for mainnet activation and the realization of Pi coin’s value. It will be crucial for the Pi Network operation team to meet these community expectations while continuously presenting a realistic development roadmap and tangible results to maintain the project’s credibility moving forward.

## Conclusion: Will Pi Network’s Challenge Pave the Way for the Future of Cryptocurrency?

Approximately 100 days have passed since Pi Network’s ‘Open Network’ transition. This period marks the beginning of their new challenge to fulfill long-held expectations and pursue ‘utility.’ The establishment of the $100 million ‘Pi Network Ventures’ fund and its particular focus on the gaming sector demonstrate that the Pi ecosystem aims for concrete value creation, not just speculation.

Pi Network’s vision of ‘a cryptocurrency accessible to everyone and useful in daily life’ suggests an important direction for cryptocurrencies to become rooted in the lives of a wider range of people, not just experts and investors. This unique approach is worth continued attention as it shapes the future of blockchain technology and cryptocurrency.

If you wish to learn more about Pi Network, compare it with other cryptocurrency projects, or delve deeper into the fundamentals of blockchain technology, we encourage you to refer to relevant books and official information to continue your intellectual curiosity. Pi Network’s journey may offer new insights into how our daily lives can be enriched by digital technology.

[Latest 2025] Will Pi Network’s Price Crash? A Data-Driven Analysis of the ‘Oversupply’ Theory | Lockup Mechanism & Future Prospects

Introduction: What Will Your Pi Be Worth in the Future? Hopes and Concerns Many People Share

Pi Network has garnered global attention as a cryptocurrency that can be easily mined on a smartphone. However, the question, “What will be the value of the Pi I’ve mined in the future?” is a common concern among many Pioneers (participants). Recently, in particular, there have been whispers that “Pi might flood the market, causing its price to crash.”

This article delves into the truth behind these concerns. We will objectively analyze the current supply, the “lockup” mechanism that holds the key to its price, and plausible future scenarios based on data, elevating your understanding of Pi Network to the next level.

For Those Who Want the Conclusion First: Three Key Points on Pi’s Future Price

For those short on time, here are the core takeaways of this article summarized in three points.

Supply Pressure is Real: Billions of Pi have already been issued, and it’s a fact that this could become future selling pressure.
Lockup is Key: However, the majority of this supply is isolated from the market through the “lockup” mechanism. This system acts as a price stabilizer.
Value Depends on Utility: The ultimate price depends not only on supply but also on how widely Pi is used in the real world (utility).
What is Pi Network’s “Current State” Anyway? Basic Knowledge Before Discussing Price

Before discussing Pi’s price, it’s crucial to accurately understand what stage Pi Network is currently in.

Enclosed Mainnet (Closed Mainnet)

Currently, Pi Network is in the “Enclosed Mainnet” phase. This means that while the blockchain itself is operational, its connection to external exchanges is intentionally restricted. In other words, Pi is not yet officially listed on any cryptocurrency exchange.

What is “IOU Trading”? The True Nature of Currently Observed Prices

So, what are the “Pi prices” seen on some exchanges or websites? In most cases, this is the trading price of an “IOU (I Owe You – a certificate of debt).” This represents the right to exchange for real Pi when the Open Mainnet is launched in the future, and it is not the official price of Pi. Currently, these IOUs are sometimes traded around $0.5 in the market, but it’s important to note that this is merely speculative movement in an unofficial market and does not reflect the project’s true value.

Migration: Moving Your Pi to Your ‘Real Account’

To actually use the Pi you’ve mined, a process called “Migration” is required. This can be understood as the official transfer of your app records (temporary account balance) to your wallet on the blockchain (your real account). So far, over 12 million users worldwide have completed this process.

Core Data: How Much Pi is in Circulation? Analyzing the Current Supply

Now, let’s look at the data regarding one of the most crucial factors affecting price: “supply.” While there’s information suggesting “7.4 billion Pi have been supplied,” this figure refers to a past point in time.

While the exact number is constantly changing, the important fact is that “billions of Pi have already been migrated to users’ wallets.” This vast amount represents the source of potential “selling pressure” that could enter the market in the future. This fact underpins the concern that “Pi is oversupplied and will crash.”

A Price Stabilizer? The Lockup Mechanism and its Significant Impact

When discussing supply, the “lockup” mechanism is absolutely indispensable. This can act as a powerful brake or accelerator for Pi’s price.

Purpose of Lockup

The primary purpose of lockup is to prevent a massive sell-off of Pi immediately after transitioning to the Open Mainnet (a stage where anyone can trade freely). It is a critically important price stabilization mechanism designed to artificially control market supply and buy time for the ecosystem to mature.

Mechanism Explained Simply

Lockup is set voluntarily by users. Its mechanism is similar to a bank’s “time deposit.”

By “locking” a portion of their held Pi (25% to 100%) for a certain period (2 weeks to 3 years), users are given an incentive: an increase in the amount of Pi they earn through mining.

Once a lockup is set, that Pi cannot be moved until the period expires. This irreversibility contributes to market stability.

Impact on Current Situation

Most notably, a significant portion of the Pi that has actually been migrated is prevented from circulating in the market for extended periods due to this lockup system. This significantly alleviates the aforementioned “billions of Pi selling pressure” at present.

What About Future Price? Two Possible Scenarios

Based on the information so far, let’s look at plausible scenarios for Pi’s future price from an objective perspective.

Scenario 1: Manifestation of Downward Pressure

A pessimistic scenario could occur as lockup periods (e.g., 1 year or 3 years) sequentially expire. If the amount of Pi released into the market increases and is not met by sufficient buying demand, the price could fall. If many users move to secure profits simultaneously, it would create significant selling pressure.

Scenario 2: Uplift Driven by Utility

The key to an optimistic scenario is the creation of real demand, or utility, where people “want to use Pi.” If more apps and stores allow purchases of goods and services with Pi, and Pi becomes deeply rooted in the community as a convenient payment method rather than just a speculative asset, buyers and users may outnumber sellers, leading to price stability or appreciation. Furthermore, if an official listing on a major exchange like Binance were to materialize, trustworthiness and liquidity would significantly increase, potentially becoming a major factor in pushing up the price.

Conclusion: How Should We Approach Pi Network’s Future?

The future value of Pi Network will be determined by the tug-of-war between the unavoidable selling pressure from “supply” and the two forces of “stabilization through lockup” and “demand creation through ecosystem growth.”

Instead of fluctuating with the short-term movements of unofficial IOU prices, it is most crucial to adopt a long-term perspective on how concretely the project’s vision of “building the world’s most widely used cryptocurrency ecosystem” will progress. This will be key to discerning Pi’s true value.

We hope this article has helped deepen your understanding of Pi Network.

Next Steps
Check official information: To identify reliable information, regularly check announcements within the official Pi Network app and the official blog.
Read the Whitepaper: To understand the project’s philosophy and detailed mechanisms, we recommend reviewing the Whitepaper from the official website.

Pi Network Introduces Generative AI Functionality: An In-Depth Look at the New ‘App Studio’ Feature and Its Potential

Pi Network, a cryptocurrency project with a large user base whose movements are always closely watched, has announced a new AI-related feature, ‘Pi App Studio,’ which has the potential to significantly advance its ecosystem. This news has sparked numerous questions: ‘What will it enable?’, ‘Is it like ChatGPT?’, ‘Will Pi’s value increase?’

This article will objectively and clearly explain what the new ‘Pi App Studio’ is and how it might impact our digital lives, based on official information.

What is ‘Pi App Studio,’ the New Feature in Pi Browser?

First, let’s look at what this new feature is officially called and why it was introduced.

The official name of this feature is ‘Pi App Studio.’ It was announced as an official Pi Network project on ‘Pi2Day,’ June 28, 2025. This is not merely an add-on but a strategic update positioned to become a core component of the Pi Network’s envisioned ecosystem.

The key features of Pi App Studio can be summarized in two points:

  • Utilization of Generative AI (GenAI): The technology of ‘Generative AI,’ which gained widespread fame recently with tools like ChatGPT, is fully adopted.
  • No-code Development Platform: Users can develop applications without writing a single line of programming code.

Its purpose is to enable people worldwide, even without technical expertise, to leverage their ideas and knowledge to create and own functional applications within the Pi ecosystem. It truly aims to ‘democratize’ app development.

Understanding the Core Technology: Generative AI

To understand Pi App Studio, it’s essential to grasp its core technology: ‘Generative AI.’ For those unfamiliar with the term, let’s consider a relatable example.

In a nutshell, Generative AI is ‘AI that can “generate” entirely new, original content based on instructions or data.’ ChatGPT, which many of us use daily, is a prime example.

For instance, if you instruct it to ‘write a short story about a clever cat,’ the AI will create a narrative. This ability distinguishes it from traditional AI that primarily searches and displays existing information.

Pi App Studio harnesses the power of Generative AI specifically for ‘application development.’ This means users can instruct the AI in natural language, saying ‘I want an app with this functionality,’ and the AI will interpret their intent and assist in designing and building the app.

Anyone Can Be an App Developer? How to Use ‘App Studio’

So, how exactly does one create an app using Pi App Studio? While it’s currently in beta, the process is highly intuitive.

    1. Access from Pi Browser: First, launch the Pi Browser and tap the newly added ‘App Studio (AI)’ icon.
    2. Define App Theme: From a menu like ‘Create New App,’ enter the theme or expertise for the app you want to create (e.g., ‘Authentic Italian Recipes,’ ‘Dog Training Tips’). English input is recommended.
  1. Interact with AI Assistant: Next, a chatbot-style AI assistant appears. Users convey specific requests to the assistant in natural language, such as ‘show basic recipes for beginners’ or ‘list training methods for specific behavioral issues.’
  2. App Preview and Generation: The AI interprets the user’s instructions and presents an app preview. If satisfied, the generation process proceeds.

It’s important to note that this is still an early-stage beta version. Therefore, currently, AI responses might be for testing purposes, and some functionalities may be limited. However, this process offers a glimpse into a future where anyone with an idea can become an app owner.

Why Is It Important? The Potential Value of App Studio in the Pi Ecosystem

This new feature is more than just an interesting tool; it could hold extremely significant implications for the future of the entire Pi Network project.

Creation of Utility

For a cryptocurrency to possess true value, its ‘use case’—its utility—is essential. Pi App Studio can become a powerful engine for users to create Pi’s utility themselves, and on a large scale. Users who were previously only consumers can now become producers of value.

Ecosystem Revitalization

If many useful and enjoyable apps are created within the Pi ecosystem, economic activities, such as using Pi tokens to access them or viewing in-app advertisements, will become more vibrant. This could, in turn, increase demand for Pi tokens and potentially foster a virtuous cycle that enriches the entire economic sphere.

Democratization of Development

Traditionally, app development was limited to engineers with specialized skills. However, Pi App Studio breaks down this barrier, offering everyone worldwide the chance to express their knowledge and experience in the form of an app and connect it to business. This implies the possibility of innovation emerging from every corner of the globe.

A Sober Perspective: Current Challenges and Future Outlook

While holding immense potential, this endeavor also faces several critical challenges for its success. Let’s consider the current situation and future from a sober perspective.

  • Current Beta Stage: As mentioned, this feature is still in its early development stages. It will likely require more time and refinement before anyone can freely create the high-functional apps they envision.
  • Expectations and Challenges for Open Mainnet: For developed apps and the Pi tokens used within them to hold true economic value, transitioning to an ‘Open Mainnet’—where anyone can freely connect with external exchanges and services—is indispensable. The specific timing and conditions for this transition remain the community’s greatest concern.
  • Ensuring Quality and Security: While lowering barriers to entry, this also carries the risk of low-quality or even malicious apps appearing. How Pi Network will maintain the health of its ecosystem in the future, and its governance structure, will also be scrutinized.

Conclusion: A Significant Step Predicting Pi Network’s Future

The newly announced ‘Pi App Studio’ is a groundbreaking and ambitious step for Pi Network, transforming it from a mere mining app into a vast decentralized economic zone where users themselves create value.

The vision of empowering everyone to become a central figure in app development with the help of Generative AI holds immense potential to fundamentally enhance the utility and intrinsic value of the Pi ecosystem.

Of course, its true worth will be proven by future development progress and the realization of the project’s ultimate goal: the Open Mainnet. This development might signify a glimpse into a future where blockchain and AI converge. Let’s keep an eye on future official announcements and follow this wave of technological innovation.

Is the Mastercard-Chainlink Partnership a Tailwind? Unpacking Pi Network’s Future with Latest News

Introduction: What’s Happening in the World of Cryptocurrency?

In 2025, the world of cryptocurrency is undergoing an unprecedented transformation. Traditional financial giants, who once kept their distance, are now progressively embracing Web3, the new internet paradigm. Notably, statements from the top officials governing U.S. financial policy and groundbreaking partnerships by global payment network companies are beginning to exert significant influence across the entire market.

This article will use these pivotal news developments as a starting point to objectively delve into how they might illuminate the future of emerging projects like the “Pi Network.” By reading this, you’ll grasp the core of the major changes shaping the future of cryptocurrency, even without specialized prior knowledge.

New Trends in the Crypto Market: Two Key News Developments

Before examining their impact on the Pi Network, it’s essential to first understand the broader market shifts that form the foundation. Here, we’ll explore two groundbreaking events concerning the core of the financial system.

1. Banks Permitted to Offer Crypto Services – The Impact of U.S. Fed Chair’s Statement

On June 24, 2025, Jerome Powell, Chairman of the Federal Reserve (FRB), the central bank of the United States, made a statement indicating that there is no issue with U.S. banks providing services to cryptocurrency-related companies. While predicated on robust risk management frameworks, this signifies a positive stance from authorities on the relationship between banks and the crypto industry, which has often been regarded as a gray area.

The impact of this statement is immense. This is because it strongly promotes the elevation of cryptocurrencies from “suspicious assets for a few tech enthusiasts” to “a recognized part of financial services.” This is expected to make it easier for major institutional investors and corporations, who have maintained a cautious stance, to enter the market, thereby enhancing overall market credibility and liquidity.

2. A Bridge Between Traditional Finance and Web3 – Mastercard and Chainlink’s Historic Partnership

Another big piece of news is the announced partnership between Mastercard, a global payment giant, and Chainlink, a blockchain technology company. The core of this partnership lies in building a system that allows Mastercard’s over 3 billion users worldwide to directly purchase cryptocurrencies on the blockchain without going through a centralized exchange.

This is a groundbreaking endeavor that directly connects the world of credit cards we commonly use (Web2) with the new digital world powered by blockchain (Web3). The technological backbone of this partnership is “Chainlink.”

What Exactly is “Chainlink”?

To understand Chainlink, let’s use an analogy: it’s a “reliable translator or interpreter connecting the blockchain world with the real world.”

Smart contracts (self-executing agreement programs) operating on a blockchain cannot, on their own, access information from the outside world. For example, information like “tomorrow’s weather in Tokyo” or “current USD/JPY exchange rates” exists outside the blockchain.

Chainlink fulfills the role of a “decentralized oracle network,” delivering such external data to the blockchain securely and accurately, without tampering. It is thanks to this “reliable interpreter” that real-world payment systems like Mastercard can securely connect with the blockchain world.

How Do These Earth-Shaking Changes Affect the Pi Network?

Now, to the main topic. How might this wave of significant change, sweeping across the entire financial industry, bring possibilities to the Pi Network, where many “Pioneers” continue to mine daily?

The Core Philosophy of Pi Network: A Financial Revolution Anyone Can Join

Before discussing the impact, let’s recall the origins of the Pi Network. The core of this project is its vision: that anyone can participate in cryptocurrency mining with just a smartphone, without expensive equipment or specialized knowledge, and become a part of decentralized finance. It’s not merely a means to short-term profit but also a grand experiment to create a new financial ecosystem accessible to more people.

[Objective Analysis] Future Scenarios Opened by the Two Major News Events

Here, there’s a crucial fact connecting the aforementioned news with the Pi Network: the Pi Network has been integrated into Chainlink’s “Data Streams.” This means that Pi’s price information, among other data, can now be utilized in real-time through the Chainlink network.

Based on this technical connection, the Pi Network community anticipates that the FRB’s policy shift and the Mastercard-Chainlink partnership could open up the following possibilities in the future:

  • Possibility 1: Enhanced Pi Coin Convertibility
    In the future, leveraging the system built by Mastercard and Chainlink, it might become easier and safer to exchange held Pi for fiat currencies like Japanese Yen or US Dollars.
  • Possibility 2: Global Payment Utility
    Through Mastercard’s vast global network, a future where Pi can be used for payments at online shops and physical stores worldwide is conceivable.
  • Possibility 3: Full Entry into DeFi (Decentralized Finance)
    With reliable price information provided, more advanced financial services such as loans collateralized by Pi or staking Pi to earn interest could emerge within the Pi ecosystem.

[Important Note]
These three scenarios are merely “future possibilities” derived from changes in the external environment and reflect community expectations. As of now, no official business partnership promising the realization of these has been announced by the Pi Network operations (Pi Core Team) or Mastercard. It is essential to calmly distinguish between facts and expectations.

Grand Vision and Reality: What Pi Network Truly Aims For

While changes in the external environment present significant opportunities, the true value of a project is determined by its internal design philosophy and development progress. Let’s unravel why the Pi Network distinguishes itself from many short-term speculative cryptocurrencies.

Design Philosophy Aiming for Long-Term Value

The Pi Network incorporates a “halving” mechanism, where the amount of newly issued (mined) coins gradually decreases as the number of participants increases. This is a thoughtfully designed economic model aimed at increasing the scarcity of the coin over time, preventing rapid inflation, and stabilizing its long-term value. Its philosophy fundamentally differs from “pump and dump” schemes seeking quick riches.

Community Belief and the Project’s Future

This is why experienced Pioneers, instead of fluctuating with daily market price changes, believe in the grand vision of the project and the strength of its robust global community. The ultimate success of the project hinges on its transition to an “Open Mainnet” where all functionalities are released, and on how many widely used applications and services (ecosystems) emerge on it.

Conclusion: Grasping the Signs of Change and Using Them as a Compass for the Future

Finally, let’s review what has been discussed in this article and organize how we should interpret this information.

  1. [Fact] The traditional financial industry (FRB, Mastercard, etc.) is changing its long-held policies and is steadily moving closer to the Web3 and cryptocurrency world.
  2. [Possibility] This significant trend could be a powerful tailwind for projects like the Pi Network, which have a global community and a clear vision.
  3. [Conclusion] However, whether this possibility becomes a reality hinges on Pi Network’s future technological development and the maturity of its ecosystem. The perspective we should maintain is to calmly distinguish between facts and possibilities, without being swayed by fervor or speculation, and to continue to observe the project’s steady progress.

The transition from Web2 financial systems to the Web3 world has only just begun. During this historic period of transformation, it will be paramount to think for oneself based on accurate information and to possess a compass for envisioning the future.

Pi2DAY: Pi Network Launches AI Strategy – What Future Do ‘Pi App Studio’ and New Initiatives Aim For?

Pi Network, which has built a globally immense community through participatory smartphone mining, has announced its full-scale entry into the field of AI (Artificial Intelligence) as its next move. This announcement, made in conjunction with “Pi2Day” in 2025, is not just about adding new features; it is a highly strategic step that concretely illustrates the future vision of the ecosystem the project aims to achieve.

They propose a grand vision: to provide unique solutions to societal challenges brought about by AI, utilizing blockchain technology. This article objectively and systematically explains the full scope of the newly announced core features, “Pi App Studio” and “Ecosystem Directory Staking,” as well as crucial surrounding technological updates.

Summary source: Official Blog
https://minepi.com/blog/pi2day2025/

Pi Network’s Proposed “Challenges in the AI Era” and “Role of Blockchain”

Why is Pi Network focusing on AI now? This move is rooted in their perception of fundamental challenges that modern society is increasingly facing due to the rapid evolution of AI technology.

Three Challenges Brought by AI

Pi Network points out the following three major challenges that need to be addressed as AI permeates society:

  1. Immaturity of the AI application layer: A significant gap still exists between advanced AI foundational technologies and concrete applications that utilize them in real-world society.
  2. Role of human labor and intellect: Uncertainty about what role human labor and intellect will play in a world where AI replaces much of productive activity.
  3. Unequal distribution of wealth: The concern that the immense productivity gains AI will generate may concentrate among a few corporations or individuals, widening disparities.

Pi Network’s Solution: “Value Distribution” via Blockchain

To address these challenges, Pi Network proposes the fusion of AI and blockchain technology as a solution. What’s interesting here is the uniqueness of their approach.

While many “decentralized AI” projects focus on decentralizing AI training data or computational processes themselves using blockchain, Pi Network presents a more macro perspective. It is the idea of leveraging blockchain as a scalable foundation for fairly and inclusively “distributing and redistributing” the “products and value” generated by AI to society as a whole.

Instead of a few monopolizing the wealth generated by AI, Pi Network’s core vision is to fairly return this wealth to “real humans” who are participants in the ecosystem, through blockchain.

Realizing this vision requires a vast number of real humans verified through Know Your Customer (KYC) processes and a vibrant social network in which they participate, a foundation that Pi Network claims to already possess.

What is the Core Feature “Pi App Studio”? The Dawn of an Era Where Anyone Can Be an App Developer

The core engine for realizing this grand vision is the newly announced “Pi App Studio.” This is an innovative platform with the potential to fundamentally transform the way applications are developed.

No-Code App Development Platform Utilizing Generative AI

Pi App Studio’s greatest feature is that it does not require specialized programming knowledge. Users simply input their app ideas and requirements in natural language (everyday words), as if conversing with a human. Generative AI then interprets these instructions and automatically builds the application.

Pi Network highlights “guided workflows” and “access to a massive user base” as differentiators from other AI tools. Beyond simply providing tools, they guide individuals without product development expertise to bring their ideas to fruition and provide an environment where immediate feedback can be obtained from a community of tens of millions, thereby supporting practical product development.

Two Development Options: Specialized Chatbots and Free App Creation

Pi App Studio, as released, primarily offers two development options:

Screenshot of Pi App Studio

  1. Creation of topic-specific chatbots: This workflow allows developers to train AI with their own expertise and knowledge to create custom chatbots that can provide high-quality responses on specific topics. Beyond mere Q&A, it is expected to be applied to various application formats such as step-by-step wizards, interactive quizzes, and recommendation engines.
  2. Open App Development Platform (Beta): This platform allows for more free-form creation of any application one envisions, without coding. While still in beta, it suggests that various types of apps will be possible in the future.

Apps created can also aim for monetization by integrating with the Pi Ad Network and .pi Domains.

Mechanism of Another New Feature: “Ecosystem Directory Staking”

Even if many excellent apps are created, they are meaningless if users cannot discover them. To solve this problem, a new feature called “Ecosystem Directory Staking” has been introduced.

This mechanism allows users to support specific apps they wish to back by staking their Pi for a certain period. The more Pi staked, the more prominently the app will be displayed in the ecosystem’s directory (listing page). This mechanism can be described as a decentralized ranking system that aims for truly valuable apps to be evaluated by the collective intelligence of the entire community, rather than by the amount of advertising spend.

Important Technical Updates Supporting the Ecosystem

In addition to these two main features, this announcement also includes several important technical updates aimed at strengthening the overall ecosystem’s foundation.

Improved Accessibility: Onramper Integration

Onramper, a third-party aggregation tool for KYB (Know Your Business)-certified on-ramp services, will be integrated into Pi Wallet. This will provide users with more options to participate in the Pi ecosystem from fiat currency, in compliance with regional regulations, thereby improving accessibility.

Enhanced Node Functionality and Visibility (v0.5.2)

Several important updates were also implemented for the Node software, which underpins the Pi network, as version 0.5.2.

Screenshot of Pi Desktop and Node Ranking

  • Renaming and Feature Expansion: The traditional dedicated Node application has been renamed to “Pi Desktop.” This clarifies its position as a more general-purpose desktop application, which will integrate functions not related to Node operation in the future, such as utilizing Pi App Studio on a larger PC screen. Usability has also been improved, including the ability to resize windows.

 

  • Node Ranking Page Publication: The top 5,000 highest-performing Pi Nodes are now publicly ranked on Pi Blockexplorer. The ranking is updated every 24 hours and evaluated based on the following key metrics:
    • Reliability
    • Availability
    • Port Openness
    • Total Active Days
    • CPU Performance

    This makes high-performing nodes that stably contribute to the network visible, and users can check their node’s position on the ranking using their public key.

Accelerated KYC and Mainnet Migration

Improvements have also been made to the KYC (Know Your Customer) process and Mainnet migration. Specifically, updates resolving issues for users facing unique challenges in certain regions have allowed over 500,000 additional Pioneers to unlock their migration blocks, enabling them to join the Mainnet.

Developer Support: .pi Domain Auction Extension

With the release of Pi App Studio, many developers will need to secure unique and memorable Web3 identifiers for their apps. In response, the .pi domain auction deadline has been extended to September 30, 2025.

Bonus: Limited-Time Interactive Challenge Also Held

To celebrate the release of these new features, Pi Network is hosting the “Pi2Day Ecosystem Challenge.” Through this interactive challenge, users can experience various features of the ecosystem, including the newly announced functions, and receive digital memorabilia.

Summary: Can Pi Network Create New Value at the Intersection of AI and Blockchain?

Pi Network has now officially launched its AI strategy, announcing “Pi App Studio,” which enables anyone to become an app developer, and “Ecosystem Directory Staking,” a community-driven evaluation system, as its core components.

Underlying this is an ambitious vision: not a future where wealth generated by AI is monopolized by a few large capitals, but one where blockchain technology is used to widely and fairly distribute that value to society. Numerous surrounding technical updates, such as enhanced node functionality and improved KYC processes, indicate that this vision is not mere fantasy but is based on concrete implementation plans.

Of course, the success of this grand scheme remains to be seen. Its success will depend on how many appealing and practical applications emerge from Pi App Studio and are embraced by users worldwide. There is no doubt that this announcement marks an important step in building a strong foundation for that challenge.