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 Cache 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, caches will be stored in your inventory and can be opened with Keys.

Other news

Bitcoin Futures Traders Abandon Crypto for Stablecoin Margin

chest

Bitcoin futures traders have largely abandoned using Bitcoin as collateral for their positions, opting for stablecoin-backed positions to avoid risks associated with price drops.

user avatarFilippo Romano

Gold Prices Surge to Three-Month High

chest

Gold prices surged to a three-month high, reaching $4,696.18 an ounce, driven by a weaker dollar and falling Treasury yields.

user avatarEmily Carter

BNB Smart Chain Set to Activate Pasteur Hard Fork

chest

BNB Smart Chain is set to activate its Pasteur hard fork on August 25, introducing significant network changes.

user avatarKaterina Papadopoulou

TAC Halts Block Production Due to Supply Exploit

chest

TAC, a Cosmos-based EVM sidechain connected to the TON ecosystem, has halted block production after a supply-related exploit.

user avatarTomas Novak

The Need for Reliable Data in Real Estate Tokenization

chest

The need for reliable pricing data in real estate tokenization is crucial due to the unique challenges it faces compared to liquid crypto assets.

user avatarMaya Lundqvist

TON Foundation to Permanently Shut Down Legacy Bridge on September 1

chest

The TON Foundation has confirmed the permanent shutdown of its legacy bridge on September 1, requiring users to transition their wrapped TON and related assets back to native forms.

user avatarLeo van der Veen

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.