The Pi Network Core Team has announced the introduction of two new features for users, including the integration of artificial intelligence and a new staking service.
AI Integration
According to the fundamental principles of the blockchain industry, the team announced the incorporation of AI into the ecosystem, stating that this is a 'pivotal moment' for development. They noted several unresolved issues, including:
- The infancy of the AI application layer between AI infrastructure and real production. - A lack of clarity regarding the role of human labor and intelligence. - Remaining questions on human well-being in an AI-pervasive world.
The team believes the combination of AI and blockchain can provide a 'scalable and accessible solution for societal distribution and redistribution.' A new PI App Studio has been launched to facilitate this.
Ecosystem Directory Staking
The second major announcement was the introduction of Ecosystem Directory Staking. This new feature allows users to stake their PI tokens on chosen applications, boosting their ranking and visibility on the platform. It is available through the Pi Browser.
Overall PI Price Drop
Despite the new features, the price of the PI token continues to experience a sharp decline, losing over 5% in the past 24 hours and dropping to $0.52.
The Pi Network continues to develop its ecosystem with new technologies; however, users are facing asset value declines that warrant ongoing scrutiny of the situation.