Read more here: https://pibazar.eu/pi-network-the-first-anniversary-of-the-open-network

Pi Network: Building an ecosystem of real utility and digital identity

The article recaps the first anniversary of the Pi Network open network  and presents the future vision of the founders, Nicolas Kokkalis and Chengdiao Fan. The project focuses on creating a cryptocurrency with real utility that distances itself from speculative trading and focuses on integration into regular trade and services. Key pillars include its own KYC system, which is used to verify human identity in the digital world and will now be offered as a service to external entities. The developers are emphasizing the interconnection of blockchain with artificial intelligence, where the community can provide data for training models in exchange for rewards. The network plans to further expand its ecosystem through support for applications and innovative tokens, which are primarily intended to serve user acquisition and product development. The overall strategy is focused on long-term sustainability and mass adoption through a large network of verified members and computer nodes.