PI
by BSCN
January 9, 2023
New Hackathon will be a great opportunity to build before mainnet launch, but success will lay in the Core Team's speed of integration.
The Pi Network Hackathon begins on January 9, and over 1800 projects have signed up to participate.
The Pi Network Hackathon will run from January 9 to February 28, with over $30,000 in prizes up for grabs. The hackathon will be the second in the history of Pi Network, with the first coming in October 2021.
The latest iteration of the hackathon will focus on three themes: social media, games & entertainment, and consumer utilities. Participants are also welcome to develop on any innovation they choose.
The hype for the Pi Network hackathon is huge. The hackathon is a great opportunity for projects participating in the Enclosed Mainnet to showcase their work to a larger audience while also giving new projects a chance to build within the enclosed Pi Network.
BSC News Co-Founder and CFO, and notable Pi influencer, Ben Antes, believes the hackathon will attract attention from venture capitalists. This VC attention could be a welcoming sight to Pi Network projects which have been building behind closed doors for years.
My guess is this hackathon will have a lot of attention from the venture capital world. I hope a lot of great projects get the attention they deserve to build out top quality Dapps. And then it all ships quickly and mainnet opens :-)
— Ben (@kcryptoinvest) January 9, 2023
Many around the community expect projects to make great strides in the chosen themes, especially around the concept of Pi Coin and its utility. Pi Coin still has no connection outside the network, and pressure has been building as more exchanges and aggregators have begun listing the coin unofficially.
Ultimately, the success of the Pi Network Hackathon will rely on the Core Team’s launch of the mainnet. The timeline for integrating successful projects and applications will be key, as many projects on Pi Network already face financial difficulties due to the lack of Pi Coin fiat connections.
The Pi Network Hackathon has plenty of momentum, and the BSC News team will follow the developments as they come.
Pi Network is a novel cryptocurrency and developer platform that allows mobile users to mine Pi coins without draining the device’s battery. Pi’s blockchain secures not only economic transactions via a mobile meritocracy system but also a full Web3 experience where community developers can build decentralized applications for millions of users.
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