As Pi2Day on June 28 approaches, the Pi Network community is buzzing with hopes and questions. This event could be a pivotal moment for the network.
Is Pi's Mainnet Launch Enough?
Earlier this year, Pi Network launched its open mainnet, enabling millions of users to move tokens, build apps, and run their nodes. Since the launch, over 13 million users have migrated. However, the token's value has still slipped below $0.50, raising concerns among traders and early adopters about Pi's true strength.
Promises of Pi2Day
Pi2Day is an annual event that brings together a massive community. Last year's event helped 4.5 million users complete KYC checks and try out various apps. This year, the Pi team promises tools to address old issues, including a new KYC 'sync' button, wallet access for partially KYC'ed users, and enhanced security measures like 2FA. Users are also looking forward to '.pi' domains as Pi’s own Web3 names.
Real Shops, Real Payments — Not Hype
Additionally, Pi is actively pushing for real-world usage. In March, over 58,000 merchants accepted Pi during the PiFest event, with 1.8 million users utilizing the 'Map of Pi' tool to find businesses that accept the token. This traction, combined with a $100M Pi Ventures fund supporting new projects, could play a crucial role in Pi’s reputation.
As Pi2Day approaches, hopes remain high. If Pi demonstrates real progress, trust may be restored. If not, doubts will only continue to grow.
