Skip to content Skip to sidebar Skip to footer

Johnson Zhongming Ding: Role and Contributions as a Pioneer in the Pi Network Project - hokanews

 

hokanews,hoka news,hokanews.com,pi coin,coin,crypto,cryptocurrency,blockchain,pi network,pi network open mainnet,news,pi news     Coin     Cryptocurrency     Digital currency     Pi Network     Decentralized finance     Blockchain     Mining     Wallet     Altcoins     Smart contracts     Tokenomics     Initial Coin Offering (ICO)     Proof of Stake (PoS)     Proof of Work (PoW)     Public key cryptography Bsc News bitcoin btc Ethereum
Johnson Zhongming Ding: Role and Contributions as a Pioneer in the Pi Network Project - hokanews


Johnson Zhongming Ding, holds a Master's degree in Molecular Biology from China Medical University and Chinese Academy of Medical Sciences. He has participated in the 1% sequencing work of the International Human Genome Project China Project Group, as part of the National Key Basic Research and Development Program of China (863 Program). He has extensive knowledge and understanding of genetics, cytology, and life science industries. He is certified as a Chief Marketing Officer (CMO) Market Director by the China Market Association and a Project Management Professional (PMP) by the Project Management Institute (PMI) in the United States.


Dear pioneers, ladies and gentlemen, good evening. I am glad to be here and share my speech titled "Fulfilling Pioneer Responsibilities and Cooperating with the Project to Promote the Open Mainnet." On June 28th, Pi pioneers around the world were eagerly awaiting the official announcement of Pi2Day, yet the project team did not disclose the timing of the open mainnet. 


Although the announcement listed significant achievements of the project so far, especially the important progress in bridging the information connection channel between WEB2 and WEB3, the community expressed disappointment and some erroneous voices and behaviors emerged. In today's meeting, we hope that all pioneers can maintain confidence and increase faith. By understanding the Pinetwork's whitepaper, the conditions for the open mainnet, and the position of the pioneer community in the project, let us take practical actions and cooperate with the project team to promote the mainnet!


Why should we maintain confidence? Because this announcement actually contains two important benefits! Firstly, a continuous mechanism for hackathons has been established, with monthly events providing ongoing opportunities for the creation of new applications. Secondly, the Pinet initiative allows pioneers to explore the Pi ecosystem without the limitations of the Pi browser, bridging the gap between Web2 and Web3. The Pi Network will not be limited to our community of over 47 million pioneers, but billions of Web2 users will connect with the Pi Network of Web3 platforms. This crucial step will lead to the influx of thousands of traditional enterprises and Web2 users into the Pi Web3 network, bringing unprecedented prosperity to it.


Next, let's talk about the open mainnet that everyone is concerned about. Why wasn't it announced to be open on June 28th? Let's take a look at the basic conditions for an open mainnet mentioned in the whitepaper: ecological maturity, healthy community, and sufficient nodes. It is apparent to anyone that Pioneer is crucial and irreplaceable in these three aspects.


Firstly, let's talk about the requirement for a certain proportion of qualified users who have passed the KYC process for community healthiness. The main subject in this element is Pioneer, qualified Pioneers! Currently, the number of users who have passed KYC was approximately 13 million according to the statistics in May, while the number of mapped wallets is less than 3 million. Compared to the 47 million Pioneers, this is still far from enough. Factors that influence KYC include community healthiness, compliance of Pioneer's behavior, consensus on the value and price, and so on.


We all know that the project team clearly prohibits the trading or account transfer of tokens at a low price during the closed mainnet period. However, such phenomena have occurred repeatedly, which has affected the speed of KYC invitations and mappings, and inevitably impacted the construction and development of the ecosystem. The significant differences in Pioneer's value consensus have also indirectly interfered with the access of merchants and enterprises, affecting the normal operation and development of the ecosystem.


Second, ecological maturity: With a relatively mature and well-developed ecosystem, there are currently over 300 ecosystems online. However, due to the limited number of interfaces and mappings, the trading volume is not significant, and the products are limited to low-end goods. Moreover, due to the lack of consensus, there are significant price fluctuations, and bulk commodities and super ecosystems have yet to emerge. In terms of ecological maturity, many ecosystem builders are pioneers or recommended by pioneer enterprises. The majority of participants and buyers in the ecosystem are also pioneers. Therefore, pioneers are crucial in the ecosystem!


Third, node decentralization: Having a sufficient number of nodes is essential for ensuring network security and stability. Over 90% of these nodes are pioneers from around the world or IT companies controlled by pioneers. This also proves the pivotal role of pioneers in deploying networks and cannot be underestimated.


So, the role and position of pioneers in the project are irreplaceable and undeniable. The task of launching the mainnet is daunting, and pioneers cannot wait passively; instead, they should actively respond to the project's call and participate in empowering actions.


Based on our analysis of the official announcements and calls from the project team, we have summarized the following directions for our empowering actions:


Firstly, community development is crucial in advancing the mainnet. The project team places great emphasis on interacting and communicating with users, establishing close connections through online and offline activities, and listening to the opinions and suggestions of pioneers. The project team has repeatedly encouraged users to actively participate in community development and contribute to the Pi Network community. For domestic community development, we can organize online and offline activities to enhance interaction and communication among pioneers. 


For example, we can hold regular meetups to discuss PiCoin-related topics, share usage experiences and techniques, and assist pioneers with limited cultural knowledge. Additionally, we can establish forums or social media groups (WeChat and QQ groups) for the pioneer community, facilitating real-time communication and sharing of the latest developments, guiding pioneers with limited knowledge of Pi to enhance their learning, and improving their understanding and consensus on the value of Pi Network and PiCoin, aiming to achieve the broadest consensus value based on the internationally accepted GCV starting point. We should also minimize or eliminate low-priced exchanges and prevent illegal buying and selling of accounts (commonly referred to as avoiding "sheeple fleecing").


In terms of international community development, we can engage in exchanges and collaborations with pioneering communities in other countries and regions. Through mutual learning and sharing experiences, we can explore more effective promotional methods and further expand the user base of the Pi Network, helping empowering ecological enterprises to survive and achieve healthy development.


Lastly, as pioneers, we need to understand that the launch of the mainnet is a complex process that requires time and effort to realize. We should maintain patience and trust that the project team will open the mainnet in a timely manner based on the maturity of conditions. Before that, we should not wait idly but continue to actively promote and evangelize the Pi Network by lighting up the lightning and advocating for its promotion, contributing to the growth of the community.


Secondly, focusing on the ecological construction, building a strong ecosystem is crucial for the development of the mainnet. We will actively promote cooperation with traditional entrepreneurs in the WEB2 sector and integrate them into the Pi Network, creating diversified application scenarios and enriching ecological products and services. We believe that only a thriving and healthy ecosystem can maximize the value of the Pi Network and the WEB3 platform. Through PINET tools, we will extensively publicize and distribute the web3 ecosystem and applications of the Pi Network to the WEB2 platform and guide thousands of entrepreneurs and ecosystems from the WEB2 centralized platforms to the Pi WEB3 network. This will accelerate the prosperity and maturity of the ecosystem and greatly speed up the progress of the mainnet. Pioneers with the capability can also establish their own ecosystems within the Pi Network.


Third, regarding node construction in blockchain technology, the consensus mechanism is the basis for ensuring network security and stable operation. As we all know, the more nodes there are, the more secure and reliable the distributed ledger of the blockchain will be. Pioneers with capabilities and resources can deploy their own nodes to contribute to the security, stability, and speed of the network. Pioneers who do not have the conditions can also promote the benefits of node formation and encourage more people to participate, ensuring the network's reliability and efficiency.


Fourth, responding to recent misconceptions in China, we need to refute:


Therefore, the majority of pioneers must keep their eyes open and be cautious of manipulation and manipulative behaviors by a minority of individuals towards the project! Once again, it must be emphasized that we recognize the role of supervision by various national regulatory authorities in the operation of the world's largest public chain. However, like referees in a football match, supervisory authorities must oversee impartially and not take sides, nor are they expected to play in the match. This will undermine the fair implementation basis. Therefore, pioneers must diligently fulfill their responsibilities and obligations in accordance with the project team's requirements in the process of forming value consensus. We cannot lie, wait, depend, or demand, but must take one step at a time, strive to contribute to the formation of consensus, and empower traders.


Beat the drum, blow the trumpet! In this exciting July, let all pioneers add fuel to the fire and speed up the process of opening the mainnet for the project team. We can actively participate in community development, consensus building, and ecological construction. I believe that through our efforts, the Pi Network and the Web3 platform will be more widely applied and recognized, creating a better internet life for society. Even though Pi2Day has passed, we can still maintain our confidence and stay positive about the future of the project. "The road ahead is long and adorned with obstacles, but step by step, we will conquer it from the beginning." I believe that with nearly 50 million pioneers, as long as we set our goals and closely follow the project team, diligently empowering and contributing, we can seize the rare trend bonus in our life journey and achieve brilliant leaps! Let's work together to contribute to the opening of the Pi Network mainnet and the success of our community!


Thank you for your attention!

Article source from Doris Yin