Pi Network Seeks Feedback on New Ecosystem Token Standards Plan

PI2,3%

Pi Network has opened community feedback on a new ecosystem token framework, marking another step after its first Open Network anniversary. In a February 23, the team released a Pi Request for Comment called PiRC1 that outlines how future tokens could launch on the network. The proposal introduces a “Pi Launchpad” model focused on utility rather than fundraising. Developers, businesses and Pioneers are now invited to review the design through GitHub or a Google Form. The move comes as Pi coin trades near $0.16 and community debate around progress continues.

Pi Pushes Utility-First Token Model

At the center of the proposal is a clear shift away from the typical crypto fundraising model. Pi Network says most tokens across Web3 raise capital but fail to deliver real products. Instead, the new design pushes projects to launch tokens only when they already have working apps. Under the proposed Pi Launchpad system, user staked Pi would fund permanent liquidity pools on the upcoming decentralized exchange

Importantly, funds used to acquire ecosystem tokens would not go to project teams. Instead, they would be locked into liquidity pools to support long-term stability. The design also introduces incentive tiers. In the “balanced” model. Users may get around a 9% discount based on engagement. Meanwhile, the more aggressive rewards version could reach up to 60%. The team says transparent smart contracts will govern the entire process to reduce risk and manipulation.

Community Feedback Window Now Open

Pi Core Team is actively asking the community to stress-test the proposal. Pioneers can submit detailed technical feedback through GitHub issues or share broader opinions using a Google Form. The team made it clear that not every suggestion will be adopted. However, officials said community input will help refine the final structure

The design may also evolve further based on feedback from projects that want to use the launch program. This open comment approach follows Pi’s broader strategy of gradual rollout and community validation. Still, some users on social media say they want faster execution rather than more discussion phases.

KYC and Identity Still Central to Strategy

Alongside the token framework, Pi leadership again highlighted its long-term bet on identity infrastructure. The network plans to expand Pi KYC into a service that external Web3 and traditional companies can use. The pitch is simple. Many real-world blockchain use cases require verified human identity. Pi believes its hybrid AI and human validation model can fill that gap at scale. The team also framed identity as critical in an AI-heavy future where bots can mimic humans. If successful, KYC-as-a-service could become a major utility layer beyond the Pi ecosystem itself.

Progress Meets Ongoing Frustration

The update arrives during mixed community sentiment. Pi network news today reports continued ecosystem growth. Including millions of mainnet migrations and more than 250 apps in development. However, some Pioneers remain frustrated about migration delays and price weakness. For now, Pi Network appears focused on building infrastructure before pushing aggressive expansion. Whether the new token model gains strong developer traction will likely shape the network’s next phase. As feedback flows in, the Pi Launchpad concept will be closely watched as a test of the project’s utility first vision.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Pi Network Mainnet Faces Critical Test: Can Pi Coin Break Through the $0.18 Consolidation to Achieve True Value Revaluation?

Pi Network's Pi Coin is gradually transitioning into a real-circulation Layer 1 token. The token is currently fluctuating between $0.17 and $0.18, with market focus on user adoption and ecosystem implementation. As the mainnet opening approaches, token supply-demand imbalance is affecting the price, making it difficult to break out of the consolidation range in the short term. Long-term prospects depend on factors such as ecosystem expansion and user activity levels.

GateNews1h ago

Pi Network Completes Mainnet Upgrade to Protocol 20

Pi Network has completed a major update, launching its Mainnet on Protocol 20. This enhances smart contract capabilities, paving the way for future app development and positioning Pi for real Web3 utilization.

Coinfomania2h ago

Pi Network PiRC-101 Sparks Controversy, Valuation Exceeds Expectations and Faces Community Scrutiny

PiRC-101 is a governance proposal for Pi Network designed to maintain the purchasing power of Pi tokens through an internal valuation mechanism and manage token dilution issues. The proposal has sparked controversy because the valuation benchmark is considered overly high and lacks transparency. Supporters believe it can promote trust and utility, while critics worry about its feasibility and impact on decentralization principles. Currently, the proposal is still under review and has not yet affected network operations.

MarketWhisper2h ago

Pi Network Fulfills Promise: KYC Validators Receive 52.62 Pi Actual Returns Per Person

Pi Network recently distributed rewards to KYC verifiers, with each receiving 52.62 Pi, marking the first time verification work has been linked to token rewards. This mechanism not only recognizes the contributions of verifiers but also ensures practical use cases for Pi, such as DApps consumption and transactions, enhancing community engagement and building long-term trust. This signals sustainable development of the token economic model, with potential expansion to more application scenarios in the future.

MarketWhisper5h ago
Comment
0/400
GateUser-dca0f4ddvip
· 02-23 08:08
Let's migrate our Pi to the mainnet first. Up until now, it's been mostly green and yellow.
View OriginalReply1