Pi Network Hackathon Attracts Over 1800 Projects to Sign Up
The New Pi Network Hackathon will be a great opportunity to build before the open mainnet launch, but success will lay in the Pi core team’s speed of integration.
Pi Network Hackathon Began on January 9
The Pi Network Hackathon begins on January 9, and over 1800 projects have signed up to participate.
The Pi Network Hackathon will run from January 9 to February 28, with over $30,000 in prizes up for grabs. The hackathon will be the second in the history of Pi Network, with the first coming in October 2021.
The latest iteration of the hackathon will focus on three themes: social media, games & entertainment, and consumer utilities. Participants are also welcome to on any innovation they choose.
The hype for the Pi Network hackathon is huge. The hackathon is a great opportunity for projects participating in the Enclosed Mainnet to showcase their work to a larger audience while also giving new projects a chance to build within the enclosed Pi Network.
It is believed that the hackathon will attract attention from venture capitalists. This VC attention could be a welcoming sight to Pi Network projects which have been building behind closed doors for years.
Many around the community expect projects to make great strides in the chosen themes, especially around the concept of Pi Coin and its utility. Pi Coin still has no connection outside the network, and pressure has been building as more exchanges and aggregators have begun listing the coin unofficially.
Ultimately, the success of the Pi Network Hackathon will rely on the Core Team’s launch of the mainnet. The timeline for integrating successful projects and applications will be key, as many projects on Pi Network already face financial difficulties due to the lack of Pi Coin fiat connections.
The Pi Network Hackathon has a lot of momentum, and BTCC will follow the developments as they come.
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Pi Network Launch Date: When will Pi coin launch?
The Pi Core team has comfirmed in its recent 2022 end-of-year update that Pi Network is at a vital stage in its enclosed mainnet development leading up to the Open Mainnet launch. The team is still focusing on completing KYC and making further tech improvements before opening the pi network mainnet to the public, but currently has no set timeline for this transition.
The Pi Core team has confirmed in a statement that the recent Pi coin listings are not approved and are not in line with the network’s policies. The team is calling for the removal of the coin from these exchanges and is warning users not to engage in trading at this time.
Please be sure to read the Pi disclaimer. As Pi Network is still in its Enclosed Mainnet period and has not yet launched the open mainnet, the platform insists that its token is currently not tradeable. The Pi Core team asserted that all the recent token listings having been conducted independently of the team, which are not approved and are not in line with the network’s policies.
BTCC urges users to do their own research before investing in any Pi coin.