The Pi Core team announced a new event to increase Pi Coin’s usage areas and attract developers to the network. This organization, called Pi Hackathon, aims to encourage developers to develop decentralized applications (DApp). The event was announced on the team’s official blog page. Participants are expected to create new applications and services on the Pi network. Thus, it is intended to expand the functionality of Pi Coin.
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The main purpose of the event is to encourage developers to contribute to the Pi ecosystem with innovative ideas. During the organization process, participants are expected to produce applications that support Pi Coin and attract users. The Pi Core team predicts that new projects can increase the number of users on the network.
The prominent projects in Hackathon are intended to contribute to the use of Pi Coin in practice. It is stated that coordination will be carried out through technology -oriented teams and applications will be evaluated according to certain criteria.
Pi Core team said in a statement that Hackathon event is a great opportunity for the community. The following statements were included in the team’s description:
“This organization has been organized to ensure that Pi Coin’s ideas that will increase the real world practices. Developers’ developing decentralized practices on network will strengthen the Pi ecosystem.”
In the blog post published by the team, information about the application and evaluation criteria for developers who want to join Hackathon also included information. Those who are interested in the competition must submit their applications within the specified period. Awards and incentives will also be presented at the event.
Pi Hackathon’s effect on ecosystem
Pi Hackathon has the potential to be an important step in terms of expanding the usage areas of Pi Coin. You can think of such events as a software camp. A group of developers develops the desired type of applications in the specified area within the limited time and tries to be the best. You will see that companies who do not want to stay in the virtual world and who want to attract developers to ecosystems frequently organize such activities. The Pi Core team is engaged in such a business in the real world to show the attention of developers, and to show that the network is something that can host really useful things.
It is possible for the organization to promote the number of users and Dapp developers. Pi Coin is also a good development in the long run.
In summary, the initiative of the Pi Core team is a strategic step to promote technical innovation in the Pi network. According to the products that emerged in the competition, perhaps we will see that interesting projects and interesting protocols were born in the Pi Coin network. The more developers actively develop a protocol on Pi Coin, the more alternative, benefit production, innovation.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
