Pi Network’s Big Event Reaches Halfway Point: Key Updates for Pioneers

The non-obligatory midpoint check-in came about final week.

TL;DR

• Pi Community’s huge hackathon occasion, which started formally in late August, has reached its halfway level, and the workforce has revealed a devoted video to replace its group in regards to the progress.
• Within the meantime, the undertaking’s native token continues to be deep within the crimson on a number of scales and is near charting one other all-time low.

Hackathon Midway There

CryptoPotato reported in August that the Pi Community Core Crew had give you a brand new method to have interaction with its Pioneers within the type of a hackathon. The 2025 occasion started on August 21 and its ultimate submission is scheduled for October 15, with an non-obligatory midpoint check-in on September 19.

The midway video shows a number of the purposes that customers have developed. The primary known as Starmax, which permits customers to purchase items with Pi in a easy means. One other one, dubbed Nature’s Pulse, connects customers with farmers because it permits the previous to buy “contemporary, reasonably priced produce with Pi and get them delivered on to them.”

Everlasting Rush is a Pi Community-native on-line recreation. ReloadPi permits Pi holders to spend their tokens on shopping for 1000’s of merchandise from over 300 manufacturers, together with ordering pizza or different meals and drinks.

StreamPi is a newly created software that caters to Pi traders, permitting them to add their content material and pay with only one token.

The workforce additionally reminded that there can be a prize pool of 160,000 Pi tokens for as much as eight groups and can be distributed within the following method:

Pi Worth Replace

Regardless of the evident success of the hackathon and different current updates from the workforce, the undertaking’s native token can’t catch a break. The asset marked a brand new all-time low final week at simply over $0.25, and although it tried to get better some floor, it was shortly halted and pushed south as soon as once more.

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It’s deep within the crimson on a weekly scale (25%) and presently sits simply 2.3% above the ATL from September 22.

The unlocking schedule for the following month can also be considerably regarding, as October 1 and October 4 will see the discharge of huge portions, as much as 13.4 million cash, which may intensify the quick promoting strain.