Pi Network celebrates the one-year anniversary of the official launch of the open network on February 20, 2026. During the anniversary event, Pi Network founders publicly responded to community questions, officially outlining the core development directions for 2026, focusing on a new ecosystem token design framework and specific plans to expand Pi KYC identity verification services to Web3 developers and traditional enterprises.
First Year of the Open Network: Infrastructure Development Achievements
Over the past year, Pi Network has continuously strengthened developer tools and ecosystem infrastructure. The platform has launched Pi App Studio (application development environment), Pi Network Ventures (support program for ecosystem projects), as well as token creation tools and decentralized exchange (DEX) features, assisting developers in issuing and circulating assets within the ecosystem.
The founders publicly stated that Pi’s core positioning has always revolved around three directions: product practicality, user identity verification, and user experience optimization. These three aspects are regarded as the fundamental basis for Pi Network’s progression toward mainstream applications, and the 2026 plans will continue along this path.
Major Milestones in the First Year
Pi App Studio: A unified application building environment that lowers the barrier to Web3 development and increases ecosystem application activity.
Pi Network Ventures: Providing resources and support for emerging ecosystem projects to accelerate community-driven product incubation.
Token creation tools and DEX: Opening internal asset issuance mechanisms within the ecosystem to lay the foundation for circulating ecosystem tokens.
New Ecosystem Token Framework: Utility First, Fundraising Second
One of the key policies introduced by Pi Network in 2026 is a structural new design for the mainnet ecosystem tokens.
The core principle of this framework is that tokens must be linked to real product utility rather than being issued as fundraising tools. According to regulations, project teams must have a functioning application before applying for token issuance. Participants can exchange Pi for tokens, but all Pi earnings are not retained by the project team; instead, they are fully injected into liquidity pools to maintain token stability and ensure their use in practical scenarios.
Pi also opens up a community review mechanism, collecting public feedback through Pi Request for Comments (PRC). Submission channels include GitHub and Google Forms, and user participation in design discussions is encouraged.
Pi KYC Expansion Plan: From Community Verification to Web3 Infrastructure
Pi KYC has been a core system of Pi Network for a long time and is also a significant direction for external expansion in 2026. Pi plans to treat KYC as an independent service, opening it to Web3 developers and traditional enterprises to support user identity verification in their respective scenarios.
The service architecture covers global coverage, AI-assisted verification workflows, manual review mechanisms, and flexible support for regional compliance requirements. Pi explicitly states that this service does not involve sharing user data; it only provides technical verification layers to help partners complete identity verification within their own systems, meeting real-world asset management and Web3 compliance needs.
Frequently Asked Questions about Pi Network
When was Pi Network officially launched?
Pi Open Network was officially launched on February 20, 2025. After six years of preparation since Pi Network’s initial development, this marked Pi’s transition from a closed testnet to the mainnet stage, establishing connections with a broader digital economy ecosystem.
How does Pi Network’s ecosystem token model differ from typical ICOs?
According to the new framework announced by Pi Network, project teams must have a functioning application before issuing tokens, and all Pi proceeds from token sales do not belong to the project team but are fully injected into liquidity pools. This mechanism aims to ensure that tokens are linked to real product utility rather than being used solely for fundraising.
After Pi KYC services expand externally, how is user privacy protected?
Pi Network clearly states that the expanded Pi KYC service does not share user personal data; it only serves as a technical verification layer to assist partners in completing identity verification within their own compliance frameworks. Data sovereignty remains with the users themselves, and Pi does not assume a role in data transfer.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Pi Network's rally stalls, CEX deposits surge indicating profit-taking
Pi Network (PI) surged over 25% in March, but CEX deposits skyrocketed to 3.91 million coins, indicating profit-taking pressure is accumulating. Social media buzz is increasing, and technical indicators are bullish, but the overall trend remains bearish. The resistance level is at $0.2396, and the support is at $0.1977. Large deposits suggest a possible local top, so caution is advised.
MarketWhisper37m ago
PI (Pi) increased by 7.62% over the past 24 hours
Gate News Report, March 11 — According to Gate Market Data, as of press time, PI (Pi) is trading at $0.23, up 7.62% in the past 24 hours, with a high of $0.24 and a low of $0.17. The current market capitalization is approximately $2.248 billion, an increase of $159 million from yesterday.
Pi Network is a blockchain community and developer platform dedicated to enabling users to mine Pi tokens easily on their phones through innovative technology. Centered around its groundbreaking technology, the network allows mining via mobile apps without consuming大量电力, making it the first digital currency that can be mined on a mobile device. Pi Network emphasizes decentralization, mobile-first design, and environmental friendliness, aiming to involve more users in the cryptocurrency ecosystem.
##
GateNews1h ago
Pi Network Explores AI Training With Over 421K Nodes in New Proof-of-Concept
Pi Network has over 421,000 Nodes, representing more than 1 million CPUs, that could support opt-in AI computing tasks.
In the OpenMind pilot, 7 Pi Node operators returned image-inference results within 4 seconds, including labels such as “bus” and “person”.
Pi Network is testing a new use f
CryptoNewsFlash17h ago
PI Token Maintains Bullish Trend as Anticipation for Pi Day Grows
PI token trades above $0.21 after rallying over 25% in the past 7 days as anticipation for the upcoming Pi Day on March 14 grows.
PiScan recorded 3 million PI deposits to exchanges in 24 hours, suggesting near-term profit taking which could reverse the bullish trend.
Pi Network’s PI token tr
CryptoNewsFlash17h ago
Pi Network Approaches Key Price Level — Breakout or Bull Trap Ahead?
Price Action: PI trades near $0.20 supply zone after short-term 5% rally.
Technical Signals: H4 chart bullish, but higher timeframe trends remain bearish.
Trading Strategy: Watch $0.1857 support and $0.216 resistance for breakout or bull trap confirmation.
Pi Network has shown
CryptoNewsLand18h ago
Pi Network announces that KYC validator rewards will be distributed by the end of March, with 17 million users having completed identity verification.
Pi Network announces that rewards will be distributed to KYC verifiers by the end of March 2026. These volunteers are responsible for verifying user identities to ensure network security. Currently, 17 million users have completed identity verification. Project updates include node upgrades and the possible launch of decentralized trading features, aiming to promote network development. The user base has already exceeded 50 million.
GateNews19h ago
