Pi Network Recap: A Summary of Recent Developments and Features Introduced During Pi2Day Event
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Pi Network’s Pi2Day Recap: A Summary of the Latest Developments
In a recent statement, the Pi Network has provided a comprehensive recap of their Pi2Day event, which took place from June 28th to July 7th. This article aims to summarize the key highlights and new features introduced during the event.
Firstly, it is essential to note that despite the market resurgence, PI’s price continues to struggle. However, this does not overshadow the significant accomplishments made during Pi2Day.
The first notable achievement is the massive participation in the Ecosystem Challenge by over 2.6 million Pioneers. This incredible display of community engagement and eagerness to explore new features has resulted in a substantial number of users “powering through every step” to claim this year’s limited-edition username badge and color.
The introduction of Pi App Studio, a no-code AI-assisted platform, is another crucial aspect. This feature empowers anyone with or without a technical background to build and own functional apps within the decentralized ecosystem. The response has been overwhelmingly positive, with over 35,000 community members participating in some capacity, resulting in more than 7,600 chatbots and 14,000 custom apps.
Notably, the Pi App Studio does not come with any guarantees or verification processes for these applications, leaving users to use them at their own risk. As such, the team has emphasized caution when using these apps.
Furthermore, a new staking feature called Ecosystem Directory Staking (EDS) was introduced during Pi2Day. This innovative tool allows businesses and users to boost the ranking of Pi apps within the ecosystem by staking Pi tokens on the Mainnet blockchain. Within its first month of existence, it has attracted an impressive 38 million Pi tokens in total, with over 25 million still actively staked.
The number of Pioneers engaging with this feature exceeds 16,700 individuals.
In conclusion, Pi Network’s Pi2Day event showcased a plethora of achievements and milestones. Despite the PI token’s struggles, the event itself was marked by remarkable engagement from the community.
Source: cryptopotato.com
