Pi Network made a remarkable statement about the lack of “real use” that has been discussed for a long time in the cryptocurrency world. The development team of the project stated that they were uncomfortable with the fact that many tokens in the current system are offered only for trading and fundraising purposes. According to Pi Network managers, while the projects are mostly based on speculation and short-term expectations, there are very few platforms that provide real benefit to the user.
Industry criticism from Pi Network
At the 2026 Consensus conference held in Miami, Dr. one of the co-founders of Pi Network. Chengdiao Fan evaluated the blockchain community’s inability to produce permanent solutions. Fan argued that the value created in the crypto sector often comes not from product development and system growth, but from price speculation and spikes.
In his speech, Fan summarized the sectoral situation by saying, “We often witness that the value created in the cryptocurrency world has a weak connection with businesses that produce real benefit.”
Fan stated that especially rapid fund raising disrupts the product development process rather than motivating the project developer. According to him, many tokens exist in practice only for exchange or short-term return.
Pi Network, on the other hand, defended its difference by claiming that the token model they developed serves participant acquisition and user interaction. The main goal here is to direct the ecosystem to long-term and sustainable growth.
Emphasis on real and active users
The project team reported that there are more than one million confirmed users on its platform. Thanks to the authentication system, which is highlighted as privileged, the base of the network is cleared of passive or fake accounts.
In this dialogue, Pi Network noted that one million users on the platform are not the same as the similarly sized audience of other projects. The main difference here is that the users are real people and take an active role on the platform.
Mini dictionary: Identity verification system is a technological application that aims to prove that users are real persons on a platform in various ways and thus prevent fake or multiple accounts.
Combining Launchpad with artificial intelligence
Pi Network announced that it has launched the new Launchpad platform in order to make its ecosystem more functional. Launchpad aims to provide an environment where project owners can meet directly with real users. Thus, users can experience the created tokens directly within the applications, give feedback and use these tokens in various products.
The team also reported that the Launchpad system also utilizes artificial intelligence. While artificial intelligence simplifies application development, it enables faster and more qualified applications to be introduced into the project’s ecosystem. The goal is that the biggest hurdle for developers is now distribution and user acquisition rather than production.
With this new structure, Pi Network plans to prevent the short-term interest and subsequent rapid loss of users seen in many crypto projects. Launchpad is expected to increase long-term ecosystem engagement through real product experience.
| Feature | Pi Network | Traditional Crypto Projects |
|---|---|---|
| User verification | Real person authentication | Mostly no verification |
| Token usage | In-app interaction and engagement | Massive buying, selling and fundraising |
| AI support | Integrated in Launchpad platform | rarely available |
