• 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

a year 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

Binance and Coinbase Revise Fee Structures to Enhance Competitiveness

chest

Binance and Coinbase have revised their fee structures to attract traders and enhance competitiveness in the market as of 2024.

user avatarSatoshi Nakamura

Traders React to New Fee Structures by Binance and Coinbase

chest

Traders are responding to the new fee structures by Binance and Coinbase, which may influence trading behavior and competitive dynamics.

user avatarNguyen Van Long

Coinbase Takes Legal Action Against State Regulators

chest

Coinbase has filed lawsuits against regulators in Connecticut, Illinois, and Michigan to establish that CFTC-regulated prediction markets are financial commodities.

user avatarJesper Sørensen

New Leadership Appointments at CFTC and FDIC

chest

President Trump has appointed Mike Selig as Chair of the CFTC and Travis Hill as Chair of the FDIC, with the Senate confirming the appointments. These changes are expected to reshape the U.S. regulatory landscape for digital assets.

user avatarRajesh Kumar

The Revenue Flippening: Solana Set to Surpass Ethereum

chest

A recent analysis indicates that Solana's revenue is set to surpass Ethereum's for the first time, growing from $28 million in 2021 to an estimated $25 billion in 2025, while Ethereum's revenue declines.

user avatarLucas Weissmann

Messari Highlights Notable Increase in BNB Chain Metrics.

chest

Messari's Q3 report highlights significant growth in BNB Chain, with a market cap of $140.4 billion, a 51.6% increase, and rising daily transactions and active addresses.

user avatarFilippo Romano

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.