Pi Network’s enclosed mainnet commits to building a viable and sustainable ecosystem
Building a Viable and Sustainable Ecosystem
Pi Network is in its enclosed mainnet, as the protocol prepares for the highly anticipated open mainnet launch. While the open mainnet launch will offer numerous possibilities, the enclosed mainnet will benefit the protocol’s long-term development and Pioneers at large.
Pi Network’s enclosed mainnet period allows the protocol to focus on two key priorities: Firstly, mass verification of Pioneers’ identity via KYC and the migration of their Pi mining balance to the Pi mainnet. Secondly, the creation of real utilities for the native Pi currency.
Focusing on these two priorities in the enclosed mainnet ensures that the protocol builds a viable and sustainable ecosystem for its large user base. A scalable KYC solution is necessary for security and creating real Pi cryptocurrency utilities will enhance the ecosystem’s infrastructure.
When both priorities are completed during the enclosed mainnet, users will enjoy a more secure, utility-building ecosystem. Furthermore, Pi Network will proceed to the next development step, launching the Open mainnet.
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
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