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JUST IN: Pi Network Launches Eco-Dapps on Mainnet and Introduces Open Mainnet After June 28, 2023 - hokanews

 

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JUST IN: Pi Network Launches Eco-Dapps on Mainnet and Introduces Open Mainnet After June 28, 2023 - hokanews


hokanews.com - Pi Network, the crypto project that has captured the attention of thousands of users around the world, reached a historic milestone on June 28, 2023. On that day, they officially launched their Eco-Dapps on the main network (Mainnet) and also announced the initiative newly named Open Mainnet.


The Pi Network, which stems from a team of developers based at Stanford University, has taken an innovative approach to crypto mining. They aim to create a digital currency that can be mined using mobile devices, such as smartphones, without straining battery power or consuming excessive data.


To date, the Pi Network has attracted the attention of more than 20 million users worldwide with its resource-efficient mining concept. In the previous development stage, users could mine Pi via their mobile app with the click of a button every 24 hours. The Pi Network is ready to expand its reach by launching Eco-Dapps on the Mainnet.


Eco-Dapps, short for App Decentralized Economy, is another big step for the Pi Network. By launching Eco-Dapps, Pi Network introduces a blockchain-based application ecosystem, where developers can build and launch applications that interact with the Pi currency. This opens the door for developers to create innovative solutions and expand Pi Network use cases.


On June 28, 2023, after months of testing and development, the Pi Network team officially launched their Eco-Dapps on Mainnet. Users who have joined the Pi Network's early member program can access and use Eco-Dapps via their mobile app. Eco-Dapps allows users to explore decentralized applications built on the Pi Network blockchain infrastructure.


One example of an Eco-Dapp that has been launched is the Pi Wallet, which allows users to store, send, and receive Pi securely. Through Pi Wallet, users can easily manage their crypto assets and participate in transactions in the Pi Network ecosystem.


Apart from that, there are also Eco-Dapps like Pi Marketplace, where users can trade goods and services using Pi as currency. Pi Marketplace creates an opportunity for users to participate in a decentralized peer-to-peer economy, where transactions are made directly between buyers and sellers.


Pi Network also announced a new initiative called Open Mainnet. Following the launch of the Open Mainnet, people who have not previously joined the Pi Network will be able to register and directly participate in the project. The main goal of Open Mainnet is to invite more people into the Pi Network ecosystem and expand the growing community.


However, with the launch of the Open Mainnet, Pi Network also announced that they will remove accounts that have not completed the Know Your Customer (KYC) process within six months of the Mainnet launch. This is done to ensure regulatory compliance and maintain the security and integrity of the Pi Network ecosystem.


Dr. Nicolas Kokkalis, co-founder of Pi Network, stated that these steps mark a significant advancement in Pi Network's journey. He stated, We are very excited about these steps as it demonstrates our commitment to taking the Pi Network to the next level. We thank the entire community for faithfully supporting this project, and we look forward to providing a better and more inclusive experience for our customers. all of our users.


Through the launch of Eco-Dapps on the Mainnet and the Open Main initiative, Pi Network proves that they are determined to become a relevant player in the global crypto ecosystem. The project continues to innovate and develop, demonstrating great potential as a resource-efficient crypto solution with a strong user base.


Related to Pi Network Launching Eco-Dapps on Mainnet and Introducing Open Mainnet After June 28, 2023 this was conveyed by one of the pi network community accounts on twitter, until this article was written by the hokanews team, posts uploaded by the twitter account @DucThu82 as follows:


After June 28, 2023, Eco-Dapps have officially been on Mainnet, and those who do not KYC in 6 months will be removed and then Open Main will be opened.

#PiNetwork


Twitter image source

In an effort to expand the Pi Network ecosystem, the development team has also entered into collaborations with various strategic partners. They have forged partnerships with leading technology and blockchain companies to develop new applications and extend the functionality of the Pi Network.


One notable example of a partnership is the collaboration between Pi Network and a leading global logistics company. This collaboration aims to leverage blockchain technology and the Pi Network ecosystem to increase efficiency and transparency in the logistics supply chain. By leveraging the capabilities of the blockchain, they hope to increase the digital footprint and reliability of information in the delivery process.


In addition, Pi Network has also focused on developing solutions for the financial sector and financial inclusion. They have forged partnerships with financial institutions in various countries to explore the potential of using the Pi Network in payments, money transfers and other financial services. This step aims to provide easier and more affordable access to financial services for people who do not yet have traditional access to the banking system.


Pi Network also continues to carry out technology and security developments to maintain network integrity and user trust. They actively adopt innovative consensus mechanisms and implement strong encryption technologies to protect user data. This is important for maintaining user privacy and security in a growing ecosystem.


With various initiatives and collaborations carried out, Pi Network continues to expand the reach and potential use of their digital currency. They are committed to creating a decentralized economy that is inclusive and sustainable, where everyone has the opportunity to participate and benefit.


In recent years, enthusiasm for digital currency and blockchain technology has soared. Pi Network, with its innovative approach and focus on saving resources, has succeeded in attracting the attention and participation of millions of users worldwide. By launching Eco-Dapps on the Mainnet and introducing the Open Mainnet, Pi Network marks an important step in their journey towards wider adoption and continued growth.


As a constantly evolving project, Pi Network remains committed to bringing innovations that benefit their users and maintain the integrity of their ecosystem. In the coming years, we can expect more developments and advancements from the Pi Network, as well as a greater impact in driving digital currency adoption and the growth of the decentralized economy.


Don't give up, believe me the future of the pi network is very bright, success won't be built in one night, warm greetings from us, the hokanews team, to all the pioneers around the world.

What is Pi Network?

Pi Network is a new cryptocurrency and developer platform that allows mobile users to mine Pi coins without draining device battery. The Pi blockchain secures economic transactions through a mobile meritocracy system and a complete Web3 experience where community developers can build decentralized applications (dApps) for millions of users.

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