Pi Network’s Latest Update Explained: How Pioneers Can Benefit the Most

Pi Network’s team published its second update for the year just last week and has now released a detailed video providing further information on how users (referred to as Pioneers) can take advantage of it.

Although January has been eventful in terms of upgrades, the project’s native token has continued to slide, hitting consecutive all-time lows over the past 24 hours.

Payment Integration Explained

As mentioned during last week’s initial announcement, the Core Team said it had integrated the easy Pi payment feature directly into the Pi App Studio, allowing creators to add in-app payments to their applications without writing any code or having technical expertise.

However, the new addition is available only to Test-Pi. In its video explanation, the team noted that users can add test Pi payment interactions for users to engage with during a single active session, while the app is in use.

Creators need to open the Pi App Studio within the Pi Browser, as the feature is still not available in the Pi Desktop App, where they have to create a new custom application. In the example from the video, the team opened “Customized App With Pi AI” within the Pi App Studio and wrote that they want to add Pi payments within the application they just created.

There’s an “Implement Pi Payments” button at the bottom that they need to click on after receiving an answer from the AI. Creators also need to link a Pi wallet to receive the payments users complete in the app. They have to describe the product they want as specifically as possible, set the price in the Pi token, and choose where they want the payment option to be placed.

Now, users can continue operating within the app, whatever it is, without having to start over, by just paying the necessary amount in Pi.

Another ATL

Despite these ongoing attempts to improve the overall Pi Network ecosystem, the project’s native token has suffered badly in the past several days. After trading sideways between $0.20 and $0.22 for over a month, it broke down earlier this week and plunged to a new all-time low yesterday.

The landscape worsened in the past 12 hours after another low was hit at $0.1687, according to CoinGecko data. The Pi token is now down by 9% weekly and more than 16% in the past two weeks. Moreover, it has lost over 94% of its value since its all-time high registered 11 months ago.

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