Chengdiao Fan, co-founder of Pi Network, said what at the Consensus Miami 2026 conference?

Co-founder of Pi Network, Chengdiao Fan, delivered a notable speech at the Consensus 2026 conference in Miami, where she first shared more about the future direction of the Pi ecosystem. According to Chengdiao Fan, Pi Network no longer wants to be seen merely as a “mobile mining” project, but is aiming to build a practical application ecosystem with millions of users who can use Pi in daily life.
She emphasized that Pi’s biggest goal is to create a decentralized digital economy, where real users play a central role instead of hedge funds or trading bots. The Pi Core Team is currently focusing on three main factors: expanding payment utilities, developing applications on the Mainnet, and improving infrastructure for developers. Fan stated that the Pi ecosystem already has thousands of applications in testing, many of which are related to e-commerce, service payments, and Web3 social networks.
A point that the community paid special attention to was Chengdiao Fan mentioning AI and digital identity. According to her, Pi could become a platform for identity verification for future AI applications thanks to the large-scale KYC system that the network has built over many years. This is seen as a strategic move to differentiate Pi from most current blockchains.
Additionally, she also mentioned the importance of the “Pioneer” community, affirming that Pi’s greatest strength does not lie in token price but in the number of global users participating in the network. The Pi Core Team believes that as practical utilities increase, the value of the ecosystem will naturally form based on actual usage rather than short-term speculation.
However, the speech still sparked controversy within the crypto community because Pi Network has not fully announced plans for widespread listing or the completion date of the Open Mainnet. Some investors hope that the statements in Miami are a sign that Pi is preparing to move into a new development phase, focusing heavily on practical applications, AI, and expanding the global ecosystem.
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