Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert & block trade
Convert crypto with one click and zero fees
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
What Pioneers and Developers should do during Pi Open Network Phase?

What Pioneers and Developers should do during Pi Open Network Phase?

CryptotimesCryptotimes2025/02/13 18:11
By:Shruti LakhlaniVaibhav Jha

Pi Network will officially start its Open Network period on Mainnet at 8:00 AM UTC on February 20th 2025. The change represents a significant step toward establishing Pi into the world’s most inclusive peer-to-peer system that will have its native token Pi function as a utility-backed cryptocurrency. The ecosystem containing 19 million identity-verified “Pioneers” can now connect to external networks that will provide potential growth opportunities for users together with businesses.

Key Expectations for Pioneers:

The network establishment phase depends heavily on Pioneers who joined as the first subscribers of Pi Network . The following priorities define the tasks Pioneers need to perform:

Contents
Key Expectations for Pioneers: Expectations for Developers: Conclusion
  1. Users who actively mine through the network should continue their activities even though the exponential issuance rate declines because it impacts mining speed. The contributions of users at this stage will ensure Pi’s continued success.
  2. When Open Network launches, Pioneers will gain the opportunity to use their Pi tokens for external financial dealings that extend beyond the Pi network boundaries. An active engagement in Pi apps stands as an essential need for participants to support the Pi platform and increase its practical value.
  3. Pioneers should lead by example to promote Pi usage in real commerce by assisting business owners in adopting Pi as an accepted payment method. The additional integration of Pi into daily activities improves its practical value.

But the first essential step for all pioneers who haven’t finished KYC procedures or migrated to Mainnet requires immediate completion for complete integration in the Open Network.

Expectations for Developers:

Community developers assume vital functions during this current stage of development. The Open Network expansion efforts of Pi depends on developers who work towards its successful development. According to Pi Network, there are certain activities that developers can carry out during the mainnet launch phase.

  1. Developers must dedicate their efforts to improving existing Mainnet apps by hearing user input while fixing post-launch problems with applications.
  2. The community welcomes new developers who construct essential applications to fulfill actual requirements of Pi Network members. The development of new applications serves to enhance Pi’s practical value while making it applicable for use scenarios that extend beyond its existing network.
  3. Businesses should embrace developers who integrate Pi into their operations for actual commerce thus demonstrating reliable cryptocurrency traits to the world.

Conclusion

Pi Network’s transition to Open Network requires full collaboration from both Pioneer users and developers at this time. Through these coordinated activities Pi’s decentralized environment can achieve long-term success in becoming a commonly used reliable cryptocurrency. Pi network exhibits a bright outlook that depends on the active contribution of every member from the community.

Follow The Crypto Times on Google News to Stay Updated!
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!