$PI If you are an early participant of Pi Network, this question is worth pondering!

In the past few years, Pi Network has done something very rare in the history of blockchain.

It didn’t start in the tech circle, but from ordinary people.

While most blockchain projects are still confined to developers, miners, and capital institutions, Pi Network chose a completely different path:
allowing ordinary people to directly access the blockchain network.

The significance of this is actually much greater than many people imagine.

Because in financial history, ordinary people rarely have the opportunity to participate in the birth phase of a financial network.

And Pi Network has changed that.

Tens of millions of people have, for the first time, participated in a blockchain network through their mobile phones.

This itself is a very important social experiment.

Therefore, for many people, Pi Network is not just a token.

It’s more like a form of network awakening.

People are beginning to realize:
Blockchain networks don’t necessarily belong only to technologists, nor only to capital institutions.

Ordinary people can also participate in the formation of the network.

From this perspective, Pi Network is more like an entry point into the Web3 era.

It has enabled a large number of ordinary people to enter the blockchain world for the first time.

But as more and more people enter Web3, a new question also begins to emerge.

If ordinary people have already entered the network, what’s next?

In traditional financial systems, financial structures are highly centralized.

Central banks are responsible for currency issuance, commercial banks for fund mediation, and capital markets for asset pricing.

Ordinary people almost cannot participate in these structures themselves.

Most can only use financial services, but find it difficult to become part of the financial structure.

The emergence of blockchain has opened up some new possibilities.

If the financial network itself can operate on-chain, can ordinary people also participate in the financial structure itself?

It is in this context that some new explorations have begun to emerge.

One such exploration is PiBank Protocol.

PiBank Protocol attempts to establish a model called Structure Finance.

In this model, participants are not just users, but also part of the financial network.

The system uses the VRS (Value Reflux System) mechanism and a Cooling Mechanism to structurally create a cyclical internal network.

Participant actions generate value, and part of that value flows back into the network through the structure, re-entering a new cycle.

The goal of this design is to gradually form a financial reserve structure composed of network participants.

This structure is also called:

People’s Reserve.

It’s important to emphasize that this is not a traditional central bank.

It’s more like an attempt at a distributed financial network.

In this system, PiX serves as a participation token within the network.

It’s not only an asset but also represents the rights to participate in the financial structure itself.

In a sense, what PiBank Protocol is trying to do doesn’t conflict with the spirit of Pi Network.

What Pi Network has done is to enable ordinary people to access the blockchain network.

And what PiBank Protocol explores is another matter:

Once people have entered the network, can they jointly participate in the financial structure itself?

Therefore, these two networks actually represent two different stages of Web3 development.

The first stage is entering the network.

The second stage is participating in the structure.

For many Pi Network holders, they are among the earliest ordinary participants in the Web3 world.

And because of that, they often find it easier to understand a fact:

New network structures always emerge on the basis of existing ones.

In blockchain history, very few people only participate in one network.

Many participate in multiple networks simultaneously, as different networks often represent different stages of exploration.

Some networks are responsible for expanding the number of participants.

Others try to explore new financial structures.

Therefore, for early Pi Network participants, a very natural strategy might be:

Continue to follow the development of Pi Network.

At the same time, keep an eye on networks that are exploring new financial structures.

Even if only participating minimally.

Because in blockchain history, many networks that are later widely discussed started out very small.

Often, when a network begins to expand, the barriers to participation are already much higher than in the initial stages.

This is how history often unfolds.

When new networks appear, most people choose to watch and wait.

But a few choose to understand, observe, and even try to participate.

These people are usually not doing so because they are certain about the future, but because they understand a simple fact:

In the network era, what is truly scarce is not tokens,

but the opportunity to participate in early network structures.

Perhaps this is exactly what many early Pi Network participants are most familiar with.