Pi Network's Progress to Open Network Challenge Recap

user avatar

by Giorgi Kostiuk

2 years ago

Made with AI


Pi Network's Progress to Open Network Challenge Recap

Pi Network recently closed the chapter on its official 'Pi2Day Progress to Open Network Challenge' held from June 28th to July 11th, 2024.

The challenge was structured around specific actions termed 'necessary Pioneer actions' crucial for the ecosystem's advancement towards the envisioned 'Open Network Goals'. These actions entailed: - Completion of a KYC application - Interaction with and customization of the new 'Social Profile' - Exploration of the new 'Wallet Lockups' - Participation in the Fireside Forum PiMusic festival

The 'Progress to Open Network Challenge' was not only a platform for engaging Pioneers but also an avenue to introduce new programs and features while taking substantial steps towards achieving the Open Network objectives.

Following the challenge's conclusion, a recent article shed light on the results of the initiative.

Pi2Day Challenge - Outcome Analysis

The response to the Progress to Open Network Challenge was overwhelming, with 4.5 million 'Pioneers' actively participating in the event. Impressively, 1.4 million users successfully fulfilled all designated tasks within the challenge.

The launch of the Pi Social Profiles feature during the challenge phase garnered 2.4 million new profile setups, reflecting a positive reception from the community members.

Furthermore, the #PiMusic Fireside Forum festival witnessed significant engagement, with almost 100,000 submissions showcasing the Pi community's creativity and passion.

The blog post by Pi Network concluded by acknowledging the substantial engagement within the Pi ecosystem, both during the recent challenge period and on a day-to-day basis. It also hinted at the project's progression towards the 'Open Network' phase in 2024, contingent upon meeting specific conditions specified by the project. A definitive timeline for this anticipated transition is yet to be announced.

Tier I

Sector: #18291

Sealed Hiding Place Room

Resource Cache

Resource Cache

Tier I

Requires 25% Tier Progress to Claim
Meme Cache

Meme Cache

Tier I

Requires 50% Tier Progress to Claim
Equipment Cache

Equipment Cache

Tier I

Requires 75% Tier Progress to Claim

After collecting, hiding places will be stored in your inventory and can be opened with Keys.

Other news

Kraken Exchange Announces Withdrawal Phase for 13 Assets

Kraken has officially moved into the withdrawal phase for 13 assets, with trading and deposits set to stop on October 23, 2023. Customers are urged to withdraw their remaining tokens before the exchange begins liquidating balances.

user avatarTando Nkube

Cardano's Leios Scaling Plan Unveiled

Cardano has unveiled a detailed roadmap for its Leios scaling plan, targeting significant increases in transaction capacity with a staged approach for adjustments based on real-world performance.

user avatarKofi Adjeman

Cardano's New Scaling Test Reveals Key Performance Metrics

A recent report by Input Output highlights the performance improvements of the Cardano scaling test, focusing on throughput and completion time.

user avatarSatoshi Nakamura

Crypto Market Declines Following Global Selloff

The crypto market faced a significant decline over the weekend, with Bitcoin falling 11%, Ethereum dropping 26%, and Solana decreasing by 28%, following a global market selloff.

user avatarNguyen Van Long

Cardano Developers Launch Public Test Network for Dijkstra Upgrade

Cardano developers have launched a public test network for the Dijkstra upgrade, enabling developers to test and prepare for new protocol rules.

user avatarJesper Sørensen

Tether Introduces New Framework to Enhance Bitcoin Mining Operations

Tether has announced a new initiative aimed at simplifying Bitcoin mining operations by integrating existing equipment through a common software framework.

user avatarRajesh Kumar

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.