# Pi Network

> Pi Network develops a mobile cryptocurrency and app ecosystem for everyday users, merchants, and developers. Its daily mining check-in distributes rewards without proof-of-work computation on phones, while Pi Browser, Wallet, identity verification, and developer tools support transactions and applications. External blockchain connectivity opened in February 2025; the company now emphasizes useful products for its community.

- **Founded:** 2018
- **Headquarters:** Palo Alto, United States
- **Founders:** Nicolas Kokkalis (Co-founder and Head of Technology), Chengdiao Fan (Co-founder and Head of Product), Vincent McPhillip (Original co-founder and former Head of Community), Aurélien Schiltz (Original co-founder, identified in contemporary Stanford Daily reporting)
- **Products:** Pi Mining App, Pi Node, Pi Browser, Pi Wallet, Pi Developer Platform and SDK
- **Notable:** Public launch on March 14, 2019., Open Network external connectivity activated February 20, 2025., PiFest 2025 reported over 125,000 registered sellers and 58,000 active sellers.

## Products & services

- **Pi Mining App** — Mobile app with a daily participation check-in and contribution-based Pi rewards; phones do not perform proof-of-work mining.
- **Pi Node** — Desktop software supporting the Pi blockchain; later Pi Desktop releases also host applications and node utilities.
- **Pi Browser** — Browser providing access to Pi apps, developer services, identity verification, and wallet functions.
- **Pi Wallet** — Non-custodial wallet for Pi transactions, accessible through Pi Browser.
- **Pi Developer Platform and SDK** — Authentication, payments, APIs, and app registration for developers serving the Pi community.
- **Pi KYC** — Identity-verification system using automation and community validation to support one-person-one-account participation and Mainnet migration.
- **Fireside Forum** — Social application using tokens and community mechanisms for content interaction and moderation.
- **Pi Ad Network** — Advertising infrastructure for eligible Pi apps; first piloted in Fireside Forum.
- **Pi App Studio** — AI-assisted app creation and deployment for technical and nontechnical creators.
- **Ecosystem Directory Staking** — Optional Pi staking to support app discovery rankings; this feature does not provide protocol-level staking rewards.
- **SoloHost** — Beta framework in Pi Desktop for self-hosted applications and node utilities.
- **Pi Launchpad** — Testnet MVP for experimenting with utility-oriented ecosystem token launches; test tokens are not Mainnet Pi.

## Achievements

- Public launch on March 14, 2019.
- Open Network external connectivity activated February 20, 2025.
- PiFest 2025 reported over 125,000 registered sellers and 58,000 active sellers.
- October 2026 company reporting listed over 300 Mainnet apps.

## Latest updates

- **2026-10** — Announced the first Pi Ecosystem Summit for November 17-19, 2026, with developer demos, app showcases, and planned hackathon details.
- **2026-09** — KYC fixes allowed over 417,000 users flagged for possible duplication to proceed after evaluation; separate migration and device-compatibility issues were addressed or scheduled for fixes.
- **2026-08** — App Studio announced usage-based subsidy eligibility and variable cost-linked standard pricing effective August 24.
- **2026-08** — Node 0.6.2 introduced connectivity and SoloHost improvements; Pi reported a distributed-computing test involving five volunteer node operators.
- **2026-05** — CiDi Games launched a beta with 10 initial games on May 14; Pi reported over 81,000 participants in its first week.

## Links

- Website: https://minepi.com/
- LinkedIn: https://www.linkedin.com/company/pi-net/
- Twitter/X: https://x.com/PiCoreTeam
- GitHub: https://github.com/pi-apps
- YouTube: https://www.youtube.com/c/PiCoreTeam
- Instagram: https://www.instagram.com/pi_network/
- Facebook: https://www.facebook.com/PiCoreTeam/

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Profile page: https://yespress.io/pi-network
Published by YesPress — https://yespress.io
Last updated: 2026-10-21