Pi Network is on track toward fulfilling its vision in the blockchain industry.
Vision and Mission
Pi Network is still in its enclosed mainnet, but there has been progress in developing the most prominent blockchain project in the Decentralized Finance (DeFi) space.
While there is still much work to be done, particularly with the KYC service, Pioneers are optimistic about the protocol’s open mainnet launch in the nearest future. The mobile mining platform is backed by a strong vision and mission statement driving its decentralized ecosystem.
According to the protocol’s whitepaper, its mission is to build a cryptocurrency and smart contracts secured and operated by everyone. The Pi mobile application is proof of the protocol’s mission to make digital currency available to everyone. The application allows users to mine the native Pi currency with their mobile phones.
On the other hand, Pi Network’s vision is to build the world’s most inclusive peer-to-peer marketplace, fueled by Pi, the world’s most widely used cryptocurrency. The enclosed mainnet focusing on mass KYC adoption and ecosystem development is a step towards achieving its vision.
Currently, Pi Network has been intentional with development by holding a hackathon for Pioneers interested in building in the Pi ecosystem. The numbers have been positive, and the platform is on its path to becoming the most used ecosystem in the crypto space.
Pi Network’s vision and mission statement is a blueprint of the platform’s plans for Pioneers and prospective users. When the open mainnet goes live after KYC reaches many users, the protocol will build the most inclusive peer-to-peer marketplace in the industry.
What is Pi Network:
Pi Network is a novel cryptocurrency and developer platform that allows mobile users to mine Pi coins without draining the device’s battery. Pi’s blockchain secures economic transactions via a mobile meritocracy system and a full Web 3.0 experience where community developers can build decentralized applications (dApps) for millions of users.
Where to find Pi Network:
Source : bsc.news
Founded in 2020, BSCNews is the leading media platform covering decentralized finance (DeFi) on the Binance Smart Chain (BSC). We cover a wide range of blockchain news revolving mainly around the DeFi sector of the crypto markets. BSCNews aims to inform, educate and share information with the global investment community through our website, social media, newsletters, podcasts, research, and live ask me anything (AMA). Our content reaches hundreds of thousands of global investors who are active in the BSC DeFi space.