Pi Network Unveils Project Launchpad
Pi Network has unveiled its Launchpad, a new platform designed to help projects bootstrap liquidity. The initiative aims to provide a predictable and community-focused token model for new projects building on the network.
- The initiative is structured to prevent "rug-pulls" by not transferring token sale proceeds to project teams; instead, the Pi raised is locked into permanent on-chain liquidity pools to support long-term market stability. - To participate in new token launches, Pi holders are required to stake their Pi or commit to long-term lockups, a model designed to align user incentives with the ecosystem's long-term health. - A core requirement for projects is the "product-first" approach, meaning they must have a functioning application *before* launching a token, ensuring immediate, real-world utility for the new assets. - The Launchpad framework was introduced as a "Pi Request for Comment" (PiRC1), allowing the community of developers and users to provide feedback on the proposed standards via GitHub and Google Forms before they are finalized. - This platform arrives one year after the network entered its Open Network mainnet phase on February 20, 2025, a period which enabled on-chain transactions and dApp usage for migrated users. - As of early 2026, the Pi Network had successfully migrated over 16 million users to its mainnet through a proprietary KYC (Know Your Customer) process. - The development is part of a broader strategy from founders Nicolas Kokkalis and Chengdiao Fan to build a utility-based ecosystem, moving away from the speculative focus of many other Web3 projects.
