Pi2Day is approaching – a crucial turning point for the Pi Network ecosystem

On June 28, the Pi Network community is filled with hopes and many important questions. Not just a simple milestone, this event promises to determine whether Pi can truly enter a mature phase or remain stagnant with old challenges.

After a year of volatility with cryptocurrency prices continuously declining and trust wavering, Pi2Day could be the last opportunity for Pi to regain its position in the eyes of investors and users.

Launch of the Pi mainnet – Is it enough to create momentum?

At the beginning of this year, the mainnet of Pi Network officially went live, unlocking the ability to transfer Tokens, build applications, and operate nodes for over 13 million users since February.

However, the price of Pi Tokens has not yet surpassed $0.50, indicating that the skepticism of the trading community and pioneers regarding the true potential of this project is still very large.

Notable commitments of Pi2Day

Pi2Day is considered an annual summary event for the project with a large community. Last year, the event helped 4.5 million wallets complete KYC checks and experience the new application platform. This year, the development team promises practical tools to thoroughly address outstanding issues.

Notable new features include a KYC sync button to handle stuck cases, expanded wallet access for users who have not completed KYC, and additional advanced security tools like two-factor authentication (2FA).

In addition, the updated advertising system will help earn money from cryptocurrency more effectively, while introducing the exclusive Web3 domain ".pi", similar to ".eth", which has now over 57,000 registered domains. Pi encourages developers to use this domain for practical projects rather than for speculative purposes.

Practical applications and payments in the real world

Pi does not stop at developing technology but also promotes the application of cryptocurrency in real life. At the PiFest event last March, more than 58,000 merchants accepted payments in Pi, with 1.8 million users using the “Pi Map” tool to find stores that accept Tokens.

This cohesion, along with the $100 million Pi Ventures support fund investing in new projects, is determining the fate of the Pi ecosystem.

However, so far, there has been no official announcement regarding Token listings on exchanges or the integration of advanced AI in the system.

Expectations and challenges

As Pi2Day approaches, community expectations are very high. If Pi proves to have substantial and stable development, trust will surely be restored. Conversely, skepticism will deepen.

Pi2Day is not just an event, but also a fateful test for the future of an ambitious cryptocurrency ecosystem.

Source: https://tintucbitcoin.com/pi-network-mainnet-kyc-sua-loi-ky-vong/

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