I will discuss the Kapan PI Network Launching Di Indonesia in this article. Many people want to know when this blockchain project will be officially launched.
With the growth of Pi Network and more and more users showing interest, Indonesian users are curious to explore the platform’s integration with the local cryptocurrency market.
What is Pi Network?
Pi Network is a social cryptocurrency and developer platform that (1) allows mobile users to mine Pi coins without draining battery or harming the environment and (2) fosters the world’s most accessible and ubiquitous apps platform where developers can offer users real-life utilities and products in exchange for Pi coins.
With its 35+ million engaged user base and novel mining mechanism that allows anyone to mine Pi straight from their smartphones, Pi Network strives to bring real power back to the masses.
Pi’s blockchain secures transactions via a mobile meritocracy system and a complete Web 3.0 experience where community developers can build decentralized applications (dApps) for millions of users.
Kapan PI Network Launching Di Indonesia
Again, the end of 2024 is essential for Pi Network’s geography to those so-called ‘Pioneers,’ with only a few almost final steps left.
The Pi team has the goal of having on board that support the launch of at least 100 apps for the mainnet, which the recently launched Pi App Incubator supports on September 13 2024, to foster app creation.
In October, they called this period “The Countdown to Pi Open Network 2024.” In July, they introduced a KYC grace period to enable more users to be verified and shift to the mainnet, and this was set to end by September 30, 2024.
Speculation around a potential mainnet announcement on that date exists, but there’s little to no time for crawling back in stalking shadows.
They also recently introduced a new Pi Wallet on-chain lockup feature, which raised the mining rates of Pioneers who wished to lock their PI in the wallet and could upgrade to the mainnet successfully.
That goes hand in hand with the ‘Pi2Day’ celebrations intended to facilitate the navigation of more users through the gauntlet.
Why Pi Matters?
The Pi Network is one such project within the blockchain that reinvents the mining concept, making it user-friendly via any web-enabled or mobile device.
The Pi Coin, as the name suggests, is intended for general market transaction uses. Users of this virtual currency can mine Pi directly on their mobile devices.
And this situation occurs without any complex processes except clicking on a button on Pi Network mobile application in a period of 24 hours.
Rather than employing mining equipment with high energy consumption, mobile-based Pi Coin mining is more popular with PoW cryptocurrencies.
Because of this green strategy, Pi Network has managed to draw incomparably large amounts and further predominantly grow the user base.
Benefits of PI Network for Indonesian Users
Accessibility
Users on Pi Network and its potential users have no difficulty mining cryptocurrency since they can do it from their smartphones.
Energy Efficiency
The mining activities done by Pi Network do not consume much energy and, therefore, do not adversely affect the environment.
Low Barrier to Entry
One does not have to own expensive mining equipment or have advanced experience to earn pi tokens.
Decentralization
As an example of a decentralized platform, Pi Network can be considered to have secure and non-tamperable storage against forgery.
Global Community
Joining Pi Network opens up Indonesian users to a global crypto network and brings in opportunities for partnerships and exchanges of ideas.
Who developed the Pi Network?
Pi Network was founded by Dr. Nicolas Kokkalis and Dr. Chengdiao Fan, two Stanford Ph.D.s in computational engineering and social sciences.
Dr Kokkalis, in addition to developing/founding several startups and human-centred technologies in the past, teaches Stanford’s computer science class, Decentralized Applications on Blockchain.
Dr Fan, receiving her PhD in computational anthropology, has also worked as a founding developer of several startups and projects around scaling social communications and surfacing untapped social capital for people everywhere.
Both are firm and long-term believers of cryptocurrencies’ technical, financial and social potential but are frustrated by their limitations.
To resolve traditional blockchains’ shortcomings, they employ a user-centric design philosophy that turns the development process of new blockchains upside down.
Conclusion
As a final note, many users are still looking forward to the deployment of Pi Network in Indonesia.
Even though a firm date has not been provided, the work is ongoing, with the global mainnet launch anticipated towards the end of 2024.
Like any other user anywhere in the world, Indonesian users should regularly check out the official news bulletin of the Pi Network team headquarters as to when exactly will the whole country be able to gain access to the platform entirely and use it without restrictions.
