
Pi (PI) Price
Pi#47PI News
View allVerifiedX Foundation launched a $15 million financing round on Sept. 9 with Cantor Fitzgerald as its investment banking partner, aiming to expand institutional infrastructure for Bitcoin-backed products. Summary VerifiedX Foundation launched a $15 million financing round with Cantor Fitzgerald serving as investment banking partner. Project says initial institutional capital is secured but has disclosed neither investors nor terms publicly. Funding is intended for custody inte...
The September 15 upgrade brings smart contracts, an AMM DEX, and RPC infrastructure to a chain that has never processed a single swap. Seven years of mobile mining come down to whether anyone builds on the other side. Summary Protocol 27 activates on Pi mainnet September 15, delivering smart contract authentication, an AMM DEX module, and public RPC server infrastructure to a chain whose total DeFi TVL is currently zero dollars. Only 16.6 million of Pi’s 60 million engaged Pion...
$PI is starting to move again 👀 The price of $PI rose 2.27% to around $0.098, with an increase in trading volume being one of the main drivers of its movement. 📈
Pi now gives developers staking data. Can applications turn community commitment into measurable token demand?
Supporting developers is essential to expanding utility at the application level. Developers create products, services, and experiences that give Pioneers more ways to participate in the Pi ecosystem. Improving the underlying development environment helps turn Pi’s technical capabilities and ecosystem resources into applications that Pioneers can use. Learn more about Pi's newly released developer capabilities and developer documentation.
The market is in the red, but $PI actually rose 1.80% to US$0.0961! 👀 The opportunity to continue to US$0.10 remains open if the US$0.095 support holds and volume increases. Tokonauts, does $PI have the momentum to breakout? Drop your analysis below! 👇
PI Info
1. Project introduction
Pi Network relies on its community of Pioneers, and rewards them, through an innovative mobile mining mechanism, for their diverse contributions and digital citizenship in a clear, meritocratic, and decentralized way.
2. Team introduction
Head of Technology - Nicolas Kokkalis
Dr. Nicolas Kokkalis holds a Ph.D. from Stanford University and was a lecturer for Stanford’s first decentralized applications course, CS359B, in 2018. His work focuses on combining distributed systems and human-computer interaction to bring cryptocurrency into everyday life.
Head of Product - Chengdiao Fan
Dr. Chengdiao Fan holds a Ph.D. in Anthropology from Stanford University and is dedicated to leveraging social computing to unlock human potential on a global scale.
3. Token application and distribution
Token distribution:
Pi community: 80 Billion
- Pre-mainnet Mining Rewards: 20 Billion (approx.)
- Mainnet Mining Rewards: 45 Billion (approx.)
- Liquidity Pool reserve: 5 Billion
- Foundation reserve (Grants, Community events, etc.): 10 Billion
Pi Core Team: 20 Billion
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PI Faces Downward Pressure Amid Geopolitical Tensions
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