Next to the PI Network Mennet launch to be held on February 20, the co-founders of the PI network near Crypto. Nuse, Dr. Nicholas had the opportunity to operate Q&A with Kolis, heads of technology and Chengadiao fans who are the leads of the product.
There are now 100 apps ready for mennet in PI network. What is the strategy to adopt these apps on a large scale?
Pi (Pi) ecosystem, currently designed to be fully functional with more than 100 mennet or mennet-ready apps, and is designed to be accessible and a spontaneous user experience through PI browser, for the ecosystem, for the ecosystem Offers the interface and its utilities.
The PI browser allows for easy navigation, which facilitates a single sign-in for all integrated PI apps working in the app. It also enables comfortable and safe in-app payment through the official PI wallet app, which is directly integrated into the user experience.
In addition, the PINET web3 Pi apps to be visible and shared through web 2 browsers, creates a type of “loop” where millions of users of PI can share apps and at the same time of network utility at the same time Can support.
Overall, these features make the users as easy as possible for developers, and to use and attach users with ecosystems, thus promoting developers to manufacture and improve PI apps.
While developer equipment is required, the final public work of these apps depends on developers and businesses continuing to establish real utilities, and provides cases of real use to the leading community.
With millions of PI tokens, how do you plan to prevent hyperprint and create a long -term model?
The PI network (PI) is designed with a careful structured tokenomics model that wants to balance access, supply and long -term utility. Our goal is to ensure that the PI tokens have a proper and wide distribution and the PI’s real -world use matters remain stable. How it was achieved here:
The PI promotes growth and access by implementing a declining tokening models and as a requirement to obtain PIs, addressing potential stability concerns by implementing the potential stability concerns.
Along with tokenomics, PI is the mining system of PI, which balances network growth, access, longevity, and supply requirement, while users’ awards for contribution, including actions such as safety circles, utility-based PIs Apps, running nodes, e.
The model does this using a systemwide base mining rate that (1) is multiplied in the overall mining rate calculation of each person and (2) a monthly supply limit (which is calculated based on the remaining total supply) On the basis of it is adjusted dynamically.
The overall mining rate for each user may increase or decrease monthly depending on such a supply and other factors – which is rapidly eliminated as the PI ends as close to the supply limit instead of endless, inflation growth It happens. For detailed information about how the formula actually works, read the Mennet Whitepaper chapters.
Additionally, a whole is created around developing PI networks and providing long -term utility and using matters for millions of users. By focusing on apps that solve real requirements, traders in local commerce continue to act as an internal inspired project with real utility supporting their tokens.
You claimed that you hope that the PI will be widely adopted by traders. How will you ensure that it happens globally?
The PI Network has enabled the global traders to adopt an active user base and overall access by providing an experience of a complete ecosystem on the PI through apps and utilities in PI browser.
For example, a week’s incident, Pifest 2024, provided PI transactions for goods and services between PI traders and pioneer shopkeepers at the local level, over 27,000 active vendors and over 28,000 testing traders in 160 countries Drawed, and pioneers within a few days participation of more than 950,000.
PIFEST PIFEST full ecosystem of PI for local commerce unification, PI connecting the store through PI map, payment through PI wallet, transactions on Pi Mainnet blockchain, and social sharing on Firerous Forum – all original existing PI applications Are working in
PI’s strong infrastructure, global user base and real -world utility makes it a scalable solution for traders. Already with adoption, PI has been deployed to become a widely approved global token for local and online commerce.
Why has it taken so much time to launch an open network?
The unique and innovative design of the PI’s attached network period was a strategic option, with the best interest of the network, with the best interests of the network, a network of true substances and utilities, taking into account the community, and individual precursors.
Historically, it takes time for any meaningful creation in the world, it is a scientific discovery, a technological innovation or an impressive company. While people can fix the short, optimistic deadline of crypto projects, such a time limit is not really ideal for true utility.
It takes time to increase in such a large social network, but it is an essential environment and position that can give rise to real -world utilities that focus on solving human needs in everyday life.
The current menst phase began with the launch of the network period enclosed on 3 December 2021, which meant that the mannet was live, but with a firewall that prevented any external connectivity. This period determined the phase for the open network, for which time allowed:
- Pioneers to complete KYC;
- Developers to manufacture real apps and utilities for PI ecosystems; And
- Traders to integrate. For example, the achievement of the achievement of local commerce integration with PI earlier during this enclosed network.
Now, as a result of hard work and commitment from the entire PI community in the last six years, the PI network is taking the next step in achieving the world’s most inclusive Peer-to-Pier-Pier-Pier-Pier Ecosystem and the vision for the creation of online experience. Is, fuel by PI, which is the world’s most widely used cryptocurrency.
The PI is ready to open our rich utilities-operated ecosystems, where we can now use more than 19 million identified pioneers PIs-can use a cryptocurrency with the functions and applications of the world-world world.
What are the benefits of PI for traders vs other tokens, especially for stablecoins?
In addition to what has been shared under Question 3, the project has been focused to emphasize the scale of distribution of PIs worldwide: more than 60 million pioneers and 10 million mennet-migrated pioneers, like this The design of the permissions allowed for the increase of, and the design of the PI ecosystem that allows for a spontaneous, attractive user experience.
