• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Pi Network's Progress to Open Network Challenge Recap

user avatar

by Giorgi Kostiuk

2 years ago


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.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Sui Introduces Gas-Free Transfers for Stablecoins

chest

Sui has launched a new feature that allows users to transfer stablecoins without the need to hold the network's native token for transaction fees.

user avatarAisha Farooq

Pumpfun Transfers 81,712 SOL to Kraken, Impacting Solana Market

chest

Pumpfun has transferred a significant amount of SOL to Kraken, raising concerns about selling pressure in the Solana market amidst declining memecoin trading activity.

user avatarTenzin Dorje

Bitcoin ETF Inflows Surge Amid Improved Macro Sentiment

chest

Bitcoin ETFs recorded significant net inflows of $1.323 million on July 17, indicating renewed demand for Bitcoin through regulated investment products.

user avatarBayarjavkhlan Ganbaatar

Polymarket Predicts Fed Rate Hold with 94% Probability

chest

Traders on Polymarket are pricing in a 94% chance that the Federal Reserve will hold interest rates steady at its upcoming July meeting, following softer inflation data.

user avatarBayarjavkhlan Ganbaatar

BitMine Immersion Technologies Expands Ethereum Treasury

chest

BitMine Immersion Technologies has acquired 42,197 ETH for approximately $73 million to expand its Ethereum treasury, but its stock price fell, indicating cautious sentiment among equity investors.

user avatarMohamed Farouk

Hacker Returns 1,122 ETH to Trusted Volumes After Exploit

chest

A hacker linked to the Trusted Volumes exploit has returned a portion of the stolen funds, amounting to 1,122 ETH, following a multimillion-dollar security incident earlier this year.

user avatarElias Mukuru

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.