Pi Network Announces Its Achievements at Pi Day Event On March 14th, Pi Coin Listing Still Secret
JAKARTA - Pi Network, a leading blockchain company, announced a significant milestone ahead of the Pi Day celebrations on March 14. The number of active members has soared to more than 35 million, while the number of employees has increased to 40 people.
As one of the major players in the blockchain industry, Pi Network offers a cryptocurrency that is easy to mine and use for transactions. Unlike Bitcoin, this cryptocurrency is neither expensive nor too centralized.
The Pi Network has increased headcount even as other companies in the industry laid off employees. The founders of the Pi Network say they have focused more on building substance and adopting a long-term strategy, which has allowed them to remain stable despite the downturn in other crypto projects.
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The Pi Network is also working to expand its ecosystem by adding new applications, such as DeFi and games. They are also working on a KYC solution to help validate Pioneer activities as Invezz reports.
However, there are some concerns regarding the Pi Network and Pi Coin. The project has been running since 2018 and millions of people have collected Pi coins which have no use for now. In addition, it is unclear when the closed mainnet period will end. Even so, the Pi Network has received attention from the crypto community.
Several exchanges, including Huobi, have launched their Pi Coin derivatives. However, the price of the Pi Network is still well below its all-time high. Pi Network does not recognize this exchange and hints that the original coin will be launched on the exchange at an undisclosed time.
Even though there are several challenges that need to be overcome, Pi Network continues to hold its position as a major player in the blockchain industry. With a focus on building substance and a long-term strategy, Pi Network continuously strives to strengthen its ecosystem and ensure steady growth in the future.