Pi Founder Chengdiao Fan spoke today at Consensus 2026 Miami in her session, “Aligning Web3, AI, and Blockchain for Utility.”
Dr. Fan shared how Pi’s blockchain infrastructure, identity verification, and a globally engaged network can support utility-driven products and businesses in the AI era.
Her talk built on a central challenge in the broader crypto industry: the frequent misalignment between token design and real innovation. While tokens in the industry have often been used primarily as capital-raising tools or quick exits, Dr. Fan discussed Pi’s approach to treat tokens as tools that can support growth, engagement, and long-term utility.
Pi’s approach to ecosystem tokens and launch mechanisms focuses on tokens for user acquisition and integrating token design into the product innovation process. By using tokens to help products acquire real users who can engage, provide feedback, and use those tokens within actual product experiences, this approach connects token design more directly to utility and product development.
More broadly, Dr. Fan’s talk invited discussion on how blockchain can help shape AI-era business models, financial literacy, ownership, and socioeconomic participation. As AI lowers the barrier to building, the focus shifts toward something harder to replicate: real users, real participation, and trusted human input at scale.
Stay tuned for the full session video!
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Beware of fake Pi listings on various DEXs. It is important to note that Pi trading pairs currently listed on all DEXs are fraudulent and are likely to be part of a scam which results in loss to you. Pi Network strongly recommends that you refrain from participating in any current DEX trading pairs. If you choose to proceed, despite this warning, you run the risk of being defrauded, receiving fake Pi and losing your money. Please refer to the KYB’d services page on the Pi official website for verified businesses that integrate with Pi. We recommend that you only engage with businesses listed on this page. https://t.co/2VVMbIfDma
“Let's show the world a different path to crypto and the power of Pi Network in the new era of Open Network.”
Watch the full Open Network video from Chengdiao Fan, Pi Founder and Head of Product, to celebrate Open Network and learn more about its significance and opportunities.
https://t.co/zB4RIk7Wv1
Recently, a CEO publicly commented on Pi Network in response to a post made by an unaffiliated individual on social media. While we understand that online discussions can sometimes lead to misunderstandings, we want to take a moment to clarify a few points and ensure accurate information is available.
Here’s what you need to know:
It is our understanding that a local police department in China issued a warning that related to bad actors that were falsely seeking to pass themselves off as being affiliated with Pi Network.
Clarification: Pi Network is not affiliated with, did not authorize, and did not engage in any activity that is related to the police warning, and Pi Network has not been contacted by any police department in China regarding this incident. Pi strongly condemns any alleged activities by any bad actor.
There is no relationship between Pi Network and ByBit or Ben Zhou, and Pi Network has not been asked to KYB ByBit as of this date.
Pi Network is a legitimate platform. This has been demonstrated over its six year track record and more than 60 million engaged users. The deliberate and methodical pace of the project was done to seek to ensure the project was successful, developed fully before launch, and to make sure the community was well established to mitigate challenges that other launches face - including those perpetrated by unaffiliated bad actors. Unfortunately, like any business with millions of users, we cannot prevent the acts of each and every unaffiliated bad actor.
Neither Pi Network, nor anyone affiliated with Pi Network, are associated with the social media account which attacked Mr. Zhou. Pi condemns the impersonators that made those comments. Neither Pi Network, nor anyone affiliated with Pi Network, has ever commented about ByBit or Mr. Zhou, whether on social media or otherwise. To that end, other than the comments mentioned in this post, Pi Network – despite the comments made about Pi – still has no comment and retains its position to make no comment regarding ByBit, Mr. Zhou, or their business.
Please see our general statement emphasizing trusted sources of information about Pi and addressing unauthorized and unaffiliated activities here. https://t.co/htljGQxdX8
Open Network has unlocked Pi’s thriving ecosystem, innovative applications, and extensive peer-to-peer network for integration with the broader blockchain world. Open Network was key to Pi’s mission—to create an inclusive, utility-driven, and widely adopted cryptocurrency that is accessible to anyone.
Learn more https://t.co/jekPmfPBko
Open Network has officially launched, marking a groundbreaking moment for all Pioneers! With external connectivity now enabled, Pioneers can engage in transactions beyond the Pi ecosystem, connect with KYB-verified businesses, and access new integrations like centralized exchanges.
Want to explore all the new possibilities? Go to the Pi mining app home screen to watch a video from Pi Network founder, Chengdiao Fan, and read the official announcement. Discover how Open Network unlocks a new era for Pi and how you can be part of it!
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