Pi Core Team releases detailed ecosystem token design on Open Network’s first anniversary as a Pi Request for Comment, inviting community input via GitHub. Pi Network marked one year since the Open Network launched. The Pi Core Team used the occasion to release something Pioneers had been waiting for. Detailed. Specific. Open for debate. According to Pi Core Team on X, Pi has released specific details on the Ecosystem Token Design on Pi Network as a Pi Request for Comment (PRC). Pioneers are encouraged to read the full proposal on GitHub and submit feedback using issues, pull requests, or a Google Form for those without a GitHub account. Open Network went live on February 20, 2025. That date connected Pi’s blockchain, identity-verified community, and Web3 tools to the wider world. Pi Core Team noted it was a pivotal point in the network’s history. What This Token Design Actually Changes The proposal does not look like other token models. All proceeds committed in Pi to acquire ecosystem tokens are not transferred to the issuing project. Instead, those funds go directly into a Liquidity Pool. Irreversibly. That part matters. Projects also need a working app before they can issue a token through this program. No functional product means no token launch. Pi Network’s official blog post describes this as a prerequisite, not a suggestion. The design targets a problem Pi Founders Nicolas Kokkalis and Chengdiao Fan say runs through most of Web3. Most tokens on other networks function as capital-raising tools. Products fail. Users get nothing. The Pi model ties token issuance to user acquisition instead of fundraising. Worth reading alongside this: Trump Meme Tokens Crash: Retail Investors Lose $4.3B, Insiders Profit, a real-world example of exactly the misalignment Pi says it is fixing. Participants who engage with a project’s product may also get favorable terms during a token launch. The exact mechanics sit in the GitHub proposal. Community Gets the Final Say Pi Core Team said it will review GitHub input and high-level responses from the Google Form. Not all suggestions get adopted. But the team said feedback shapes whether adjustments are appropriate and what they look like. The construct design can also shift based on feedback from projects wanting to join the launch program. That keeps it open on both ends. Must read: Vitalik’s Cypherpunk Layer Plan Could Change Ethereum Forever — another network betting big on a structural redesign of how Web3 tools get built. Pi KYC also got a significant mention in the anniversary update. The network plans to offer its KYC technology as a service to Web3 and traditional businesses. No user data gets shared. But the capability, including global coverage, AI-human hybrid validation, and sanctions screening, gets offered externally. That is a separate layer. But it connects. Identity verification sits under everything Pi is building toward real-world utility. One Year In, the Numbers Exist Pi Network’s infographic tied to the anniversary tracks Mainnet migrations, developer activity, app growth, and network participation. Pi Core Team did not break out specific figures in the post, but pointed Pioneers to those metrics as evidence of steady movement. Pi App Studio, Pi Network Ventures, and DEX/AMM token creation features all dropped during the first year of Open Network. The Pi Core Team posted the anniversary video and full transcript for Pioneers to review directly. Badges and a community raffle tied to Pi Day are also coming. Details on eligibility will be announced separately. The proposal sits on GitHub now. Pioneers can engage with it or send feedback through the Google Form. Pi Core Team made clear that the design is intentionally different from what exists elsewhere and wants the community to treat it that way. The post Pi Network Drops Ecosystem Token Proposal Nobody Saw Coming appeared first on Live Bitcoin News.

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