Pi Network has officially launched its Open Network, marking a key milestone that allows external connectivity and invites businesses to become part of its rapidly expanding ecosystem. With over 60 million users, the network is now focused on broadening its scope by encouraging companies and developers to participate and create meaningful applications.
This transition to the Open Network allows certified companies and developers to engage directly with the Pi Network, fostering the creation of practical, real-world applications. Pi Network founder Chengdiao Fan emphasized the project’s unique position within the cryptocurrency space, noting that Pi has never held an Initial Coin Offering (ICO) nor sold any Pi tokens. Instead, it has ensured that 80% of the tokens remain in the hands of its community.
“Pi has always been different. It is a non-conformist. Many innovations come from those who challenge the norms, conventions, and established practices,” Fan explained.
The network spent six years developing its infrastructure, focusing on ensuring the platform’s real-world utility before officially opening up. One of the key components of this effort was the implementation of Know Your Customer (KYC) and Know Your Business (KYB) verification procedures, which help ensure legitimacy and authenticity within the community.
While some critics have argued that Pi’s user base is “too mainstream,” Fan sees this as a strength, not a weakness. “History shows that technology thrives when it meets genuine human needs. Pi aims to address issues of practicality and broad adoption,” she stated.
The launch also removes the firewall previously in place, opening the door for merchants to begin selling on the platform, developers to build and test apps, and businesses to capitalize on Pi’s expansive and engaged user base. New developers can utilize the Pi Ad Network to test and monetize their applications, while established businesses gain access to a robust community of users eager for innovation.
Fan called on the community to remain focused on the project’s goals, saying, “Don’t be distracted by external noise. Pay attention to what truly matters and what can have a significant impact on the global stage and the cryptocurrency industry.”
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