Pi Coin Cost Gains as Group Shares Major Accomplishments in 100-Day Update
In its very first 100 days after transitioning to the Open Network, Pi Network introduced essential tasks and saw strong user development, though challenges like KYC and restricted exchange listings still weigh on Pi Coin’s performance.
The Pi Core Group has actually released an in-depth upgrade on the Pi Network’s accomplishments in the first 100 days after the launch of the Open Network in February. The overall active quotes amount to over 3 million Pi during the auction.To support environment development, Pi Network unveiled a $100 million initiative, Pi Network Ventures, in Might. Video gaming sits at the crossway of a number of crucial strengths– social interactions, the attention economy, and virtual goods– and Pi Network Ventures is uniquely positioned to take advantage of Pi Network to assist video game developers achieve their objectives, which in turn, benefits the Pi community,” the group added.While the very first 100 days have been marked by significant advancements and growth, criticism has likewise followed.
The Pi Core Team has launched an in-depth upgrade on the Pi Network’s achievements in the first 100 days after the launch of the Open Network in February. What Pi Network Achieved in Its First 100 DaysIn the latest blog update, the Pi Core Team reported significant network growth, with over 3 million new Pioneers migrating to the mainnet. The total active bids amount to over 3 million Pi during the auction.To support community growth, Pi Network revealed a $100 million initiative, Pi Network Ventures, in Might. Gaming sits at the intersection of numerous essential strengths– social interactions, the attention economy, and virtual products– and Pi Network Ventures is uniquely placed to utilize Pi Network to assist game designers achieve their objectives, which in turn, benefits the Pi community,” the group added.While the first 100 days have been marked by significant advancements and development, criticism has also followed. BeInCrypto reported that Pioneers had raised issues over the absence of significant exchange listings, KYC issues, missing mainnet-ready decentralized applications (DApps), and more.Pi Coin Rate Rebounds as Pi Network Highlights AchievementsMeanwhile, the group’s announcement positively impacted Pi Coin’s rate.