Scan to Download Gate App
qrCode
More Download Options
Don't remind me again today

Pi Network Makes Bold Leap from Mobile Mining to Web3 Utility

Pi Network is scaling back from the mobile mining trial to a fully functioning Web3 ecosystem. The transition started with a brash statement that was posted through @hokanewscom, a crypto news outlet on X. The article The Bold Leap: Pi Network calls Mining to Real-World Web3 Utility, posted encouraged members of the world Pi community to wait with anticipation.

Pi Network was introduced in the year 2019 and it promised to provide mobile mining that was energy efficient. Users simply tapped an app in order to amass Picoin without the high cost hardware. This business model has democratized the access to cryptocurrencies and has gained the interest of millions of users called Pioneers.

The next step by Pi Network is to have Picoin a practical application. It will empower common day transactions, decentralized applications (dApps), and community-based financial instruments. It is with it that Pi hopes to speed up the mainstream adoption of crypto.

Intro to Real-World Cryptography

The value philosophy of Pi Network is access. Its flagship mobile mining application gave its users power all over the world, particularly in localities with poor tech infrastructures. At this point, it is adopting that model of accessibility to Web3.

The main point of this plan is the Pi Apps platform. It has payment, social apps and even assistance to small businesses. This is a strategy that places Pi as an entry point of non-technical users into decentralized finance and digital ownership. The network has security as one of its priorities. This will give confidence to those users who are skeptical in crypto risks.

Testnet Developments and Mainnet Expectations

The network is at the Testnet stage. The stage is concerned with scalability, security and interoperability. The blockchain is currently under stress testing by developers and community validators. No strict date of mainnet launches. Nevertheless, the tone of recent posts is an indication of significant improvement. Pi initiated a $100M fund to fund Web3 apps, particularly in the area of gaming and DeFi, in May 2025.

The ecosystem is a system that is ever-evolving without any significant exchanges. The leaders in Pi think that utility must come first before speculation. This has been termed as a delay by critics and proponents view this as principled. Millions of Pioneers are looking forward to the time when Picoin would have a spendable value. They are mining, testing and building in expectation. Pi will build a sustainable crypto economy which is not a trade but a participation-based one.

PI1.12%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 3
  • Repost
  • Share
Comment
0/400
ComeAndBringWealthvip
· 7h ago
Forget about web3, that was the hot topic in 2023, this year it's all about AI.
View OriginalReply0
PIStyle888vip
· 7h ago
Steadfast HODL💎
View OriginalReply0
GateUser-f373955avip
· 7h ago
Hold on tight, we're about to To da moon 🛫
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)