Pi Network Set to Explode: Smart Contracts and dApps Will Reshape the Crypto Landscape

Pi Network is on the verge of entering its most critical phase. In the coming months, the network will launch smart contracts and introduce a wide range of decentralized applications (dApps) into its ecosystem. This information was confirmed through a tweet by @DucThu82 and a detailed article from HokaNews discussing the testing of Protocol 20 as the foundation for this new technology.

This marks Pi Network’s transition from a community-based mining project into a functional and competitive Web3 platform. With smart contracts and dApps, Picoin will gain real-world utility, enabling users to engage in digital transactions and services.

What Are Smart Contracts and Why Do They Matter?

Smart contracts are digital agreements that execute automatically via blockchain code. Without intermediaries, transactions can occur securely, transparently, and efficiently. Pi Network will integrate this technology through Protocol 20, currently being tested on Testnet 2 and potentially expanding to Testnet 3.

With smart contracts, Pi Network users will be able to:

• Conduct peer-to-peer transactions without third parties

• Access decentralized financial services (DeFi)

• Participate in governance and voting systems

• Launch blockchain-based digital businesses

Smart contracts also open the door for developers to build innovative applications directly on the Pi Network.

dApps: The Future of Digital Interaction

Decentralized applications (dApps) are the backbone of Web3. They allow users to interact with blockchain systems without centralized control. Pi Network is preparing to launch dozens of dApps across various sectors, including gaming, marketplaces, social platforms, and educational services.

Some dApps already developed by the community include:

• Map of Pi

• Pi Game

• Care for Pi

• 1Pi Mall

Through these dApps, Picoin will be used as a medium of exchange, a reward mechanism, and a gateway to digital features. This will significantly increase demand and value for Picoin.

Web3 and the Vision of Decentralization

Web3 is the next evolution of the internet, placing control in the hands of users. Pi Network embraces this principle by building an open, transparent, and community-driven ecosystem. The integration of smart contracts and dApps is a concrete step toward realizing this vision.

Web3 benefits within Pi Network include:

• User ownership of data

• Publicly auditable transactions

• Community-driven application development

• Global access without geographic restrictions

This approach positions Pi Network not just as a crypto platform, but as the foundation for an inclusive digital economy.

Picoin: A Digital Currency Ready for Utility

Picoin is the core asset within the Pi Network ecosystem. Until now, it has primarily been mined and used within a limited community. However, with the launch of smart contracts and dApps, Picoin will gain real functionality as a currency for transactions, investments, and digital services.

Picoin’s expanded utility will include:

• Payments within applications

• Staking for rewards and governance

• Transactions for goods and digital assets

• Integration with NFTs and marketplaces

As utility grows, demand for Picoin is expected to rise, potentially driving its value to new heights.

Opportunities for Developers

Pi Network is opening its infrastructure to developers eager to build on its platform. With a large user base and mobile-friendly architecture, Pi offers a unique environment for innovation.

Developer support includes:

• Technical documentation and SDKs

• Community feedback and testing

• Monetization opportunities through dApps

• Access to Pi Network’s global reach

Pi Network also plans to launch incentive programs and funding for promising projects to accelerate ecosystem growth.

Preparing for Open Mainnet

Smart contracts and dApps are expected to be part of Pi Network’s Open Mainnet launch. This phase will allow Picoin to be publicly traded and used beyond the internal ecosystem.

Open Mainnet will enable:

• Picoin listings on crypto exchanges

• Integration with external blockchains

• Validation of Pi Network’s technology and business model

• Mass adoption by global users

This transition will elevate Pi Network from an experimental project to a competitive Web3 platform.

#PiNetwork is not just connection all the world, it is your last chance to cross into innovation, values, and global opportunity. 💫
⚡Don’t get left behind. 🚨 pic.twitter.com/zSqJufj6QB

— Thụ π (@DucThu82) August 18, 2025

Challenges and Strategic Focus

Despite its promising outlook, Pi Network faces several challenges:

• Ensuring smart contract security

• Educating users about Web3 tools

• Scaling the network for increased usage

• Navigating global regulatory compliance

The core team has demonstrated a commitment to gradual development and testing, including the launch of Testnet 3 as an intensive trial environment for Protocol 20.

Community Engagement and Ecosystem Governance

Pi Network’s greatest asset is its community. With millions of active users, Pi has a strong foundation for testing, adoption, and innovation. Community-based governance will also be a key feature of the new ecosystem.

Users will be able to:

• Provide feedback on dApps

• Participate in voting and proposals

• Support projects through crowdfunding

• Influence strategic decisions

This model ensures that Pi Network evolves in alignment with user needs and aspirations.

Conclusion: A New Era Begins

The launch of smart contracts and dApps marks a turning point for Pi Network. It is no longer just a mining project—it is becoming a full-fledged Web3 platform ready to compete with Ethereum, Solana, and others. Picoin will serve as a digital currency used across a wide range of services and applications.

For users, developers, and investors, this is a pivotal moment to join and contribute to the future of crypto. Pi Network has laid the foundation, and now it’s time to build a sustainable and impactful ecosystem.

With tested technology, a strong community, and a clear vision, Pi Network stands on the brink of a digital revolution. And that revolution begins now.

Writer @Erlin

Erlin is an experienced crypto writer who loves to explore the intersection of blockchain technology and financial markets. She regularly provides insights into the latest trends and innovations in the digital currency space.

 

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