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Pi Network (PI) Evolution: Is This Major New Step About to Begin?

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Pi Network has confronted its justifiable share of criticism over time, principally due to numerous delays upon its long-anticipated launch that lastly occurred in early 2025, and for its controversial KYC procedures.

Now, although, each of those points appear behind it. The launch was profitable in February, whereas the staff has built-in quite a few updates to the verification system, which has simplified the method, and tens of millions of customers have handed the KYC process. As such, one of many information pages devoted to masking PI developments outlined what could be the following logical step within the ecosystem’s evolution.

Utility Apps Next?

Utility purposes, identical to the identify suggests, are meant to make folks’s lives simpler by fixing real-life issues. Pi Network’s present path certainly appears to be heading down that street, which is obvious from the recently-concluded hackathon.

As reported earlier this week, the staff outlined the three winners and 5 honorable mentions, and the development seems clear. The winner was Blind_Lounge – a privacy-first social and courting platform permitting folks to join anonymously and reveal identities solely by mutual selection. In different phrases, it’s a utility app for courting. Interestingly, one of many honorable mentions (Kindrek) is the same platform.

The second place went to Starmax – a loyalty program app enabling Pioneers to spend the native token at collaborating companies and earn rewards for his or her engagement.

Another rep of the honorable mentions – Workflet for Pi – additionally falls into the utility class, because it serves as a platform constructed round role-based workspaces for productiveness and collaboration.

PallyPay and SimpleJoy have utility capabilities as effectively. The former is a gaggle cost and bill-splitting app for on a regular basis transactions like meals and journeys, whereas the latter gives a curated library of full open-source, browser-based video games which are free to play and straightforward to entry.

PI Price Update

Despite the newest developments inside the Pi Network ecosystem, which included the combination of extra AI instruments in addition to some partnerships, the protocol’s native token has misplaced its October/November momentum. At the time, it stood shut to $0.30 nevertheless it has dumped by almost 50% since then and now struggles to stay above $0.20.

It’s value noting that its all-time low is at $0.172, which signifies that PI just isn’t removed from charting one other one quickly. ChatGPT believes there’s such a chance within the week forward, particularly if it loses the $0.18-$0.19 help.

The submit Pi Network (PI) Evolution: Is This Major New Step About to Begin? appeared first on CryptoPotato.

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