Pi Network Unveils Plan to Fix Crypto’s Longstanding Utility Gap

TLDR

• Pi Network said it has addressed a major crypto problem by focusing on real user utility instead of speculation.
• The team stated that many crypto tokens lack real use and exist mainly for fundraising purposes.
• Co-founder Chengdiao Fan criticized the industry for enabling value extraction without enough value creation.
• Pi Network said its token model supports user acquisition, engagement, and long-term ecosystem use.
• The project highlighted its identity verification system to ensure a base of real and active users.
• Pi Network introduced its Launchpad to connect applications with engaged users and practical token use.

Pi Network claims it has addressed a long-standing issue in the crypto sector by focusing on real user utility. The project’s core team says its model improves token usage and reduces short-term speculation. The announcement follows recent statements from Pi Network leaders at a major blockchain conference.

Pi Network Targets Utility Gap in Crypto

Pi Network said many crypto projects fail to deliver real utility despite raising capital through token launches. The team argued that many tokens exist without strong product integration or long-term engagement. Co-founder Dr. Chengdiao Fan raised this issue during the 2026 Consensus conference in Miami.

She added that easy access to funding has reduced incentives for builders to complete products. As a result, many tokens lack practical use beyond trading and fundraising.

Pi Network claims it has taken a different approach with its token model. The team said its token acts as a tool for user acquisition and product engagement.

The project also highlighted its identity verification system as a key differentiator. It stated that one million verified users on its network differs from similar numbers elsewhere.

The team said its verification process ensures a base of real and active users. This approach aims to support genuine ecosystem participation.

Pi Network Introduces Launchpad with AI Integration

Pi Network introduced its Launchpad as a solution to improve token distribution and usage. The platform aims to connect products with real users who actively engage with applications.

The team described the Launchpad as a system for building ecosystem tokens tied to real experiences. It said users can provide feedback and use tokens within functional products. Pi Network also confirmed that artificial intelligence plays a role in the Launchpad. The team stated that AI simplifies application development across the platform.

It added that creation is no longer the main barrier for developers. Instead, distribution and user engagement remain the primary challenges. The Launchpad combines blockchain infrastructure with AI tools and identity verification. It also relies on its existing user network to drive adoption.

The team said this system addresses the “quick exits” problem seen in many crypto projects. It aims to align token incentives with long-term product use. Pi Network reiterated that its ecosystem focuses on sustained engagement rather than short-term gains. The project continues to expand its platform features as of its latest update.

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