A firm message from Dr. Chengdiao Fan: "Practical utility, not speculation"

On May 6, speaking on the topic “Aligning Web3, AI, and Blockchain for Utility,” Dr. Fan delivered a presentation that was assessed as very “direct and realistic”:
Criticizing the current state of the Crypto industry: She bluntly pointed out the core problem in today’s cryptocurrency market—most projects issue Tokens only to raise funds and “lock in quick profits” (quick exits), resulting in products that lack core value.
The new rules of Pi Launchpad: Unlike the rest, Pi’s ecosystem requires dApps to have a practical, actively working product (working products) before they are allowed to issue Tokens and raise funds. Tokens on Pi are positioned as tools to attract users and develop products—not as tools for speculation.
Nicolas Kokkalis’s vision: A “weapon” against AI Bots
On May 7, Nicolas Kokkalis took part in a special discussion on the topic “Proving Identity in the AI Era,” with the core message “Pi to the World.”
A counterweight to Worldcoin: Nicolas emphasized that with the surge of AI, verifying that an internet user is a “real person” without exposing personal data is the biggest challenge. Pi Network states that they hold an advantage that even AI or purely code-based blockchains cannot replicate: 18 million users have had their identities verified (KYC) out of a total of 60 million active users.
Pi’s combined AI-and-human KYC system has processed more than 526 million identity verification tasks, making Pi a formidable competitor to Worldcoin or Humanity Protocol in the “Proof-of-Personhood” race.
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