Pi currency (PI) enters a new era: trading on the exchange! Here is the price and founder's speech!

Pi coin (PI), which has attracted close attention from cryptocurrency users, officially enters a new phase of its mainnet today.
Pi Network (PI) has officially launched the Open Network. According to the latest data, the token listed on gateio cryptocurrency exchange depreciated by 70% in a day and is currently trading at $0.75.
According to the team's official announcement, users can now execute transactions outside the PI ecosystem through active external connections, interact with KYC-verified enterprises, and access new integrations, including centralized exchange.
While developer tools are crucial, the long-term success of the PI ecosystem depends on its adoption in the real world. However, let's not forget that some also claim that the PI token has a pyramid-like structure, hence considering it to be very high risk.
Before this release, Dr. Nicolas Kokkalis, co-founder and chief technology officer of Pi Network, and Van Dyke, product director, shared their views on the network's vision and strategy.
According to the description, the Pi Network currently has more than 100 applications ready to connect to the mainnet, aiming to be easily accessed through the Pi Browser.
A network with millions of PI tokens in circulation has established a token economy model to maintain stability and promote sustainable growth. The issuance model of PI aims to reward users based on contributions (such as security verification, application usage, and active nodes) and gradually decrease over time.
The Pi Network has been transitioning to an open network for six years. Since the closed network phase began in December 2021, the team has focused on identity verification (KYC), application development, and vendor integration. The Pi Network has over 19 million verified users, with 10 million users migrated to the mainnet and a community of 60 million engaged members.
Not investment advice
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