Pi Network is a promising new cryptocurrency that is gaining momentum in the digital world. The project has been in development for several years, with the goal of creating a decentralized and user-friendly cryptocurrency that anyone can use. Now, the Pi Core team has announced that they are fully set to launch the open mainnet for Pi Network, which is great news for cryptocurrency enthusiasts and investors alike.
The Pi Core team recently organized a hackathon to build more utility applications for Pi Network’s ecosystem before the mainnet launch. The hackathon was a great success, with many talented developers participating and creating innovative applications that will make Pi Network even more useful for its users. The winners of the hackathon were announced, and their contributions will be integrated into the Pi Network ecosystem before the mainnet launch.
Dr. Nicolas Kokkalis, the co-founder of the Pi Network project, has been actively involved in keeping the pioneers informed about the progress of the project. During the previous Pi Day on March 14th, 2023, Dr. Kokkalis informed pioneers that, apart from KYC and utility building, pioneers also have a crucial role to play in helping to launch the project to the mainnet. The pioneers of Pi Network have been eagerly waiting for this moment, and their support and feedback have been essential to the success of the project.
"Now, we need to focus on what the entire Pi community can do together to move the main goals of the Enclosed Network forward, and bring us closer to Open Network" – Nicolas Kokkalis, one of Pi's Founders.
Watch the full Pi Day announcement to learn more!https://t.co/CDlBNzsQpG pic.twitter.com/Z6yfbcgWg8
— Pi Network (@PiCoreTeam) March 22, 2023
With the utility building now completed, pioneers of Pi Network are eagerly awaiting the mainnet launch. The launch could happen on the next Pi Network anniversary in June, which is an exciting prospect for everyone involved in the project. The mainnet launch will mark a significant milestone in the development of Pi Network, and it is expected to attract even more users and investors to the platform.
What is Pi Network?
Pi Network is a new cryptocurrency that aims to make participation in the digital economy more accessible to everyone, regardless of technical knowledge. It allows users to mine Pi coins using their mobile devices without the need for expensive equipment. It operates on a new consensus algorithm called “Proof of Stake” and is currently in beta testing phase with a significant following of millions of users worldwide. The value of Pi coins is not yet established as it is not listed on any major exchanges.
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