At the Consensus 2025 conference, Pi Network founder Nicholas Kokkalis shared an optimistic outlook on the platform's future. However, despite the promise of innovation, the price of the PI token has not shown a positive response, continuing to decline.
His lecture, titled “Unleashing Mainstream Adoption with AI and Blockchain Infrastructure,” focused on the development of Pi Network, a network that seeks to achieve mainstream adoption by integrating emerging technologies such as artificial intelligence (AI).
Integrating AI into the Pi Network Blockchain: Breakthrough or Empty Promise?
During his speech, Kokkalis highlighted the importance of integrating AI with the Pi Network blockchain, a move he said was essential to improving user experience and encouraging the creation of new applications.
This, in turn, has the potential to transform the network into an attractive ecosystem for technology companies, especially in sectors that have yet to explore the potential of blockchain technology.
A crucial aspect of Kokalis's speech was the emphasis on decentralization. Pi Network has taken significant steps in this direction, such as deactivating its central node and the imminent open-source code, marking a step toward a fully decentralized network.
These steps are part of a strategy aimed at allowing developers to create applications without the restrictions of a centralized system.
Additionally, Pi Network is rolling out significant infrastructure improvements, including the Horizon upgrade for Pi Node operators. This update, which promises to improve network performance and security, is critical to achieving the goal of transitioning to an open mainnet.
Kokkalis also emphasized the importance of creating a flexible global regulatory framework that can adapt to the different needs of users and developers across geographies.
Pi Network's proposed integration with decentralized finance (DeFi) applications and digital identity systems could also be key to increasing financial inclusion, especially in regions with limited digital infrastructure.
PI price fails to respond and drops 13%
Pi Network has been on the radar of many cryptocurrency users since its launch, with promises of facilitating mobile mining and offering a more accessible system for unbanked users. However, the lack of transparency and constant speculation about its future has generated mistrust.
The continued decline in the price of PI, despite the progress announced by Kokkalis, raises the question of whether the community and investors will continue to invest in the network.