Jakarta, Pintu News – The upcoming TOKEN2049 event on October 1-2, 2025 is a golden opportunity for the Pi Network team to present their future growth plans.
The whole community is looking forward to the keynote speech from the founder, Chengdiao Fan. The Pi community hopes there will be a clear roadmap from the core team, covering network updates, the development of the Pi App Studio, as well as greater transparency regarding the $100 million Pi Venture Fund.
The announcement two weeks earlier that Pi Network was a gold sponsor at the TOKEN2049 event in Singapore had generated optimism among the Pi community.
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With the network’s founder, Chengdiao Fan, scheduled to deliver a keynote speech on October 1, the Pi community hopes there will be greater transparency from the Pi core team.
Dr. Chengdiao Fan, one of two Founders at Pi Network, will be a speaker at the TOKEN2049 conference, which takes place on October 1-2 in Singapore! https://t.co/npzT9pDUiJ
As one of the largest crypto events in the world, this conference is a great opportunity for Pi Network to…
The event was a golden opportunity for the core team to interact with the broader blockchain community, and express their views on real utility, community building, and the future of blockchain technology adoption.
Recently, Pi Network has made important progress by upgrading Testnet1 from version 19 to version 22. This is the first step towards improved functionality and better control within the blockchain network.
Although the core team is currently working to upgrade Testnet1 to version 23, Dr. Altcoin urges that this process be accelerated and immediately implemented on the Pi mainnet. This upgrade will be an important technical foundation for a secure and scalable mainnet.
In addition, version 23 will strengthen the Pi Network’s capacity to process higher transaction volumes while maintaining stability in real-world conditions. This update will also improve network consensus, transaction processing efficiency, as well as interoperability with other blockchain elements.
Despite having a large community of more than 100 million Pi users worldwide, the Pi core team has yet to reveal a clear roadmap for the launch of the Pi Network mainnet.
Since the launch of blockchain in 2019, the core team had promised to build an ecosystem where Pi could be used for peer-to-peer transactions, payments in marketplaces, and the development of decentralized applications (dApps).
However, six years on, Pi is still in a regulatory gray area. In fact, until now Pi tokens have not been listed on major crypto exchanges such as Binance, Coinbase, and Kraken.
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At the Pi2Day 2025 event that took place last June, the Pi Network team launched Pi App Studio, an AI-based no-code platform for building apps and chatbots within the Pi Browser.
In the few weeks since its launch, around 7,900 dApps have been created using the platform.
Tried creating an app with Pi App Studio many times. It doesn't work. @PiCoreTeam pic.twitter.com/xH8lCZb8H8
However, there have been no significant updates on further progress since then. Some prominent community members such as Woody Lightyear even complained about the difficulty in using App Studio to build apps.
To drive Pi coin adoption, the Pi core team introduced a $100 million Pi Ventures fund-in Pi and USD-aimed at supporting startups and businesses building real-world utility and adoption.
Dr. Altcoin called for more transparency regarding the use of the funds. He emphasized the importance of detailed reports and case studies explaining how the funds were allocated and how far the supported projects have progressed.
“We don’t want to see Pi prices plummet again as they did during the Consensus conference in May,” Dr. Altcoin wrote.
I am writing this on behalf of the Pi Community!
The Pi Community’s expectations of Dr. Chengdiao are huge. We don’t want to see the price plummet again like it did during the Consensus conference last May.
At the very least, we expect a clear presentation with defined goals,…
The Pi coin price is currently under pressure, hovering around $0.35, down almost 90% from its high of around $3.00. Therefore, the TOKEN2049 event could be a pivotal-even decisive-moment for the future of Pi and its investors.
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