TLDR: Pi Network surpasses 50 million users while expanding its Open Network ecosystem. New token design links issuance to working apps and user engagement. KYCTLDR: Pi Network surpasses 50 million users while expanding its Open Network ecosystem. New token design links issuance to working apps and user engagement. KYC

Pi Network Celebrates One Year of Open Network and Ecosystem Growth

2026/02/24 21:01
3 min read

TLDR:

  • Pi Network surpasses 50 million users while expanding its Open Network ecosystem.
  • New token design links issuance to working apps and user engagement.
  • KYC system combines AI processing and human validation for secure identity verification.
  • Mainnet migration and developer tool upgrades drive growth and interoperability.

Pi Network marks one year since launching its Open Network on February 20, 2025, signaling a major shift for its ecosystem.

The transition connected its blockchain infrastructure, verified user base, and Web3 applications to external systems for the first time.

Over the past year, the network has expanded its app ecosystem, upgraded developer tools, and continued Mainnet migration. The project now reports over 100 applications integrated with the Open Network.

Pi Network’s Ecosystem and Token Design

Pi Network allows users to mine its native token through a mobile app without specialized hardware. The project has grown to over 50 million registered users, referred to as “Pioneers.”

During the pre-Open Network phase, the team focused on developing internal applications, verifying identities through KYC checks, preparing Mainnet infrastructure, and building developer tools.

Launching Open Network enabled Pi to interact with the broader blockchain ecosystem, allowing tokens and applications to operate externally.

In February 2026, Pi introduced its Ecosystem Token Design via PiRC1, aimed at linking token issuance with functional applications.

This model requires projects to launch working apps before issuing tokens, connecting supply to actual product use.

The framework emphasizes transparency and structured token allocation, avoiding direct capital transfers to project teams. Instead, all proceeds go into liquidity pools, supporting stable token markets and user-focused utility.

Tokens under this model serve primarily for in-app functionality and user engagement rather than fundraising. Users staking Pi can participate in a structured launch process that moves through escrow, liquidity pools, and open market access.

Engagement-based incentives reward active participants, providing preferential access or favorable terms during launches. The full proposal is available on GitHub, with community feedback collected through issues, pull requests, and Google Forms.

Pi Network emphasizes identity verification as a core part of its ecosystem. Its hybrid KYC system combines AI-based document processing with human validation, sanction checks, and cross-network comparisons.

The team ensures no user data is shared externally while offering KYC as a service for third-party Web3 and traditional businesses.

This approach aims to support compliance and scalability, particularly for regulated financial activity and real-world asset integration.

2026 Priorities and Mainnet Expansion

Pi Network’s focus for 2026 includes improving developer tools and accelerating application creation. Expanding KYC processing remains a priority, enabling smoother Mainnet migration for more users.

The network continues to integrate its identity-verified ecosystem with external blockchain systems, promoting interoperability for apps and tokens.

The team has maintained progress on Mainnet migration while addressing community concerns over KYC delays. Founder statements indicate a structured roadmap toward expanding utility and user participation.

The Open Network allows applications and tokens to function beyond Pi’s internal ecosystem, connecting to broader DeFi and Web3 services.

Tweets from the network have highlighted milestones, including ecosystem growth and developer tool upgrades. These updates demonstrate Pi Network’s structured approach to building a utility-focused blockchain.

The token framework and staking-based launch process are expected to guide the second year of Open Network operations.

Pi Network continues to position itself as a verified and utility-driven platform rather than a speculation-focused token.

Its ongoing focus on product-first token issuance, KYC capabilities, and Mainnet integration sets the direction for 2026 and beyond.

The post Pi Network Celebrates One Year of Open Network and Ecosystem Growth appeared first on Blockonomi.

Market Opportunity
Pi Network Logo
Pi Network Price(PI)
$0.16432
$0.16432$0.16432
+1.28%
USD
Pi Network (PI) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
Tags:

You May Also Like

Is Doge Losing Steam As Traders Choose Pepeto For The Best Crypto Investment?

Is Doge Losing Steam As Traders Choose Pepeto For The Best Crypto Investment?

The post Is Doge Losing Steam As Traders Choose Pepeto For The Best Crypto Investment? appeared on BitcoinEthereumNews.com. Crypto News 17 September 2025 | 17:39 Is dogecoin really fading? As traders hunt the best crypto to buy now and weigh 2025 picks, Dogecoin (DOGE) still owns the meme coin spotlight, yet upside looks capped, today’s Dogecoin price prediction says as much. Attention is shifting to projects that blend culture with real on-chain tools. Buyers searching “best crypto to buy now” want shipped products, audits, and transparent tokenomics. That frames the true matchup: dogecoin vs. Pepeto. Enter Pepeto (PEPETO), an Ethereum-based memecoin with working rails: PepetoSwap, a zero-fee DEX, plus Pepeto Bridge for smooth cross-chain moves. By fusing story with tools people can use now, and speaking directly to crypto presale 2025 demand, Pepeto puts utility, clarity, and distribution in front. In a market where legacy meme coin leaders risk drifting on sentiment, Pepeto’s execution gives it a real seat in the “best crypto to buy now” debate. First, a quick look at why dogecoin may be losing altitude. Dogecoin Price Prediction: Is Doge Really Fading? Remember when dogecoin made crypto feel simple? In 2013, DOGE turned a meme into money and a loose forum into a movement. A decade on, the nonstop momentum has cooled; the backdrop is different, and the market is far more selective. With DOGE circling ~$0.268, the tape reads bearish-to-neutral for the next few weeks: hold the $0.26 shelf on daily closes and expect choppy range-trading toward $0.29–$0.30 where rallies keep stalling; lose $0.26 decisively and momentum often bleeds into $0.245 with risk of a deeper probe toward $0.22–$0.21; reclaim $0.30 on a clean daily close and the downside bias is likely neutralized, opening room for a squeeze into the low-$0.30s. Source: CoinMarketcap / TradingView Beyond the dogecoin price prediction, DOGE still centers on payments and lacks native smart contracts; ZK-proof verification is proposed,…
Share
BitcoinEthereumNews2025/09/18 00:14
TomaTok and SoulCore Merge DeFi, AI, and SocialFi

TomaTok and SoulCore Merge DeFi, AI, and SocialFi

The convergence of decentralized finance, social networking, and artificial intelligence continues to accelerate across the Web3 ecosystem, creating new opportunities
Share
CoinTrust2026/02/24 21:58
Spot Bitcoin ETF Demand Slows Down In 2026: Here’s Why

Spot Bitcoin ETF Demand Slows Down In 2026: Here’s Why

The post Spot Bitcoin ETF Demand Slows Down In 2026: Here’s Why appeared on BitcoinEthereumNews.com. Spot Bitcoin exchange-traded funds (ETFs) are on track to post
Share
BitcoinEthereumNews2026/02/24 22:10