Pi Network: A Dazzling Debut or Just Another Fizzled Fad? 🎉

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TL;DR

  • After what felt like an eternity of development, complete with delays and a chorus of skeptics, Pi Network’s Open Network has finally graced us with its presence this year. 🎭
  • The team behind this grand spectacle has celebrated the first 100 days, unveiling some rather substantial developments in their little ecosystem. 🌱

The First 100 Days

Ah, it was just over four months ago when the Core Team, after what seemed like a never-ending game of hide and seek, finally announced the official launch of the Open Network. Their congratulatory blog post, published earlier today, waxed lyrical about the achievement, declaring the first (over) 100 days a resounding success, as “Pi’s ecosystem and utilities have continued to benefit Pioneers and expand.” How charming! 🎩

Among the most notable developments since this grand unveiling was the birth of Pi Network Ventures – a $100 million investment initiative. Yes, you heard it right! They’re throwing money at startups and businesses that wish to elevate the utility and adoption of Pi. 💸

“By investing in startups and businesses, Pi seeks to empower developers, many of whom build, integrate, and innovate with Pi, and bring real-world utility. Pi Network Ventures investments seek out innovators that are focused on globally accessible, community-driven, and economically meaningful projects.”

The post also mentioned new apps available to users, along with the introduction of new games that are apparently all the rage. Who knew? 🎮

In a separate note, the Core Team couldn’t help but pat themselves on the back for the Pi Day 2025 event, which took place from March 14 to March 21. This was the first PiFest after the Open Network launch, and they claimed that over 125,000 registered sellers (with 58,000 active ones) participated, while reviews soared past 45,000. Bravo! 👏

They also lauded the recent introduction of .pi Domains Auction, a platform-level utility that “harnesses the collective resources of the Pi community.” Sounds fancy, doesn’t it? 🏰

It appears that more than 123,000 active bids have already been placed by 57,000 unique users, with bidders allocating over three million Pi tokens in the process. Quite the bustling marketplace! 🛒

Network Achievements and Metrics

Although it was officially launched just over 100 days ago, and its native token (Pi) became available for trading at the same time, this project has been lurking in the shadows for over half a decade. Users have been mining this elusive cryptocurrency, and many have amassed Pi token fortunes over the years. A staggering 7.4 billion coins have been migrated (5.2 billion locked and 2.2 billion unlocked) since February. 💰

The active nodes have exceeded 400,000, while the total number of migrated Pioneers to the Mainnet since the Open Network’s launch is more than three million. The total Mainnet users is up to 13 million, or so the Core Team claims. Quite the crowd! 🎉

The post also encourages all Pioneers, developers, and businesses to “continue engaging and creating on Pi,” which will surely propel “the network to continue its achievements that benefit the entire ecosystem.” How positively optimistic! 🌈

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2025-06-19 22:18