The Pi Network will have a strategic participation in Consensus 2025, one of the largest blockchain events in the world, held in Toronto from May 14 to 16, 2025. This participation marks a crucial moment for the project, which seeks to consolidate its position in the crypto ecosystem after the launch of its Open Mainnet in February 2025. Below are the highlights of this participation:
1. Presentation of the Open Mainnet and Technical Updates
- The Pi Core Team will present the Open Mainnet, a phase that allows external connections and public transactions after years of development in a closed network.
- Founder Dr. Nicolas Kokkalis will give a technical presentation detailing the network infrastructure, the consensus protocol based on the Stellar Consensus Protocol (SCP), and the low-energy mobile mining model.
- The event will also highlight the growth of the ecosystem, with thousands of decentralized applications (dApps) already built on the platform.
2. Engagement with Investors and Partners
- Consensus 2025 brings together over 6,800 companies, 400 startups, and participants from 100 countries, providing Pi Network with opportunities to:
- Seek partnerships with financial institutions and technology companies.
- Attract venture capital (VC) investments to accelerate development of applications in the Pi ecosystem.
- Discussing integrations of Pi Coin into payment systems and e-commerce platforms.
3. Community Expectations
- The community expects the event to bring clarity about the liquidity of the PI token, including:
- Listing on major exchanges: Although already listed on platforms like Gate.io and OKX, liquidity is still limited, with market depth below $100,000 on some exchanges.
- Release of mined tokens: Millions of users are waiting for full transfer capabilities of PI after the completion of the KYC (Know Your Customer) process.
- There are speculations that announcements at the event may boost the price of PI, which currently fluctuates between $1.05 and $1.77.
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4. Challenges and Opportunities
- Technical scalability: With over 55 million users, the Pi Network faces challenges in ensuring transaction speed and avoiding network congestion.
- Commercial adoption: The project needs to attract more developers and partners to expand real use cases, such as mobile payments and decentralized finance (DeFi).
- Regulation: Compliance with global KYC and AML (Anti-Money Laundering) standards will be critical to gain institutional credibility.
5. Market Impact
- Analysts project that the price of PI could reach $2.70 in 2025 if the event generates market optimism.
- Presence at Consensus 2025 is seen as a milestone to legitimize the project, which has been compared to multi-level marketing schemes in the past.
Conclusion
Pi Network's participation in Consensus 2025 is a turning point, combining technical demonstrations, expansion strategies, and dialogue with global stakeholders. The success of the event will depend on the project's ability to translate its user base into real utility and overcome technical and regulatory challenges. For real-time updates, follow the official event coverage or the Pi Network channels.