π Co-founder "Focuses on practical use rather than speculation"… proposes a new Launchpad model

Pi Network co-founder Chengdiao Fan publicly criticized the “speculative central structure” of the cryptocurrency market on the “Consensus 2026” stage, and proposed a growth model focused on real-world usage and product innovation. Pi Network emphasizes ecosystem applications rather than token issuance and fundraising, with observations suggesting this may influence future price trends.

According to a report by CoinTelegraph on the 13th, Fan pointed out in a keynote speech at an event in Miami that the cryptocurrency industry remains in a state of “more value extraction, less value creation.” He stated: “Many projects raise funds first but fail to deliver meaningful applications.”

Fan explained that to address this issue, Pi Network is adjusting its direction by connecting real businesses, product innovation, and long-term user engagement. The core is the new ecosystem model “Pi Launchpad.” Unlike existing Launchpads, its feature is that user funds do not flow directly to project teams but are permanently deposited into liquidity pools. Fan emphasized that this approach can reduce the culture of “quick returns,” providing a more stable starting point for token launches.

Additionally, to launch tokens within the Pi ecosystem, there must be a functioning application or product beforehand. Fan further clarified that users actively using real products can be offered incentives during the token launch process. The goal is to bind both developers and users toward long-term growth.

Fan views scale as Pi’s greatest advantage. He mentioned that there are over 60 million participating users worldwide, more than 18 million KYC-verified users, and approximately 16.5 million active wallets on the mainnet, stating: “Ensuring users are the starting point of utility creation.” He said: “No matter how sophisticated the features, without users, there will be no real usage or network effects.”

Pi Network is also expanding its role in artificial intelligence (AI) and human verification systems. According to Fan, in the KYC network with over 1 million participants, more than 526 million human verifications have been completed. He explained that this decentralized human workforce can support AI’s “human-in-the-loop” tasks.

Market reactions are also quite sensitive. Pi’s trading volume increased by over 20% in the past 24 hours, and a network upgrade is scheduled for the 15th. This upgrade may introduce smart contract functionality. Pi’s price recently fluctuated around $0.169 to $0.1728, with some analysis suggesting that if it breaks through the $0.187 resistance level, there could be room to rise to $0.22.

As Pi Network places “real-world usage over speculation” at its core, this release is seen as a signal that encourages looking beyond short-term price themes and re-examining the ecosystem design itself. If the upgrade expectations align with the actual user base, Pi’s market valuation could advance to a new stage.

Article summary by TokenPost.ai 🔎 Market interpretation: Pi Network criticizes the current crypto market’s “speculative central structure,” emphasizing a growth model based on actual usage. The structural change centered on ensuring long-term liquidity and stability through ‘Pi Launchpad’ rather than short-term fund recovery. Based on a user base of over 60 million, strengthening network effects, the potential for market reevaluation is proposed. 💡 Strategic points: Require functional products before token launch → Reorganize around ‘real usage verification projects’ Liquidity pool staking structure → Aims to suppress short-term arbitrage and stabilize prices Possibility of introducing smart contracts → Trigger for ecosystem expansion Breaking resistance at $0.187 may strengthen upward momentum 📘 Terminology explanation: Launchpad: A platform supporting new crypto projects’ token issuance and initial circulation Liquidity pool: A shared fund pool where funds are locked to facilitate token trading KYC: User identity verification process, a core element to ensure network trust Human-in-the-loop AI: A structure where humans participate as verifiers in AI decision-making processes

💡 Frequently Asked Questions (FAQ)

Q: How does Pi Network differ from existing cryptocurrencies? Pi Network emphasizes building actual usable services and products before simple token sales or fundraising. Specifically, it requires functional applications before token issuance and develops the ecosystem based on user participation, distinguishing it from existing projects. Q: Why is Pi Launchpad gaining attention? Pi Launchpad adopts a structure where investment funds are not directly transferred to project teams but are locked in liquidity pools. This reduces the risk of project “exit scams” and is seen as a new model to guide token price stability and long-term ecosystem growth. Q: What potential impact could this upgrade have on prices? If smart contract functionality is realized, enabling the expansion of dApps and services, demand could increase. When technological upgrades are combined with an actual user base, prices may not only rise in the short term but also enter a medium- to long-term reevaluation trend.

TP AI notes: The article has been summarized using a language model based on TokenPost.ai. The main content may be omitted or inconsistent with facts.