Main Highlights:
- Dr. Chengdiao Fan, Co-founder of Pi Network, will participate as a speaker at TOKEN2049.
- As a Gold Sponsor of the event, Pi Network will gain significant exposure.
- The Co-founder is expected to provide insights on adoption strategies, technological advancements, and real-world applications.
Pi Network is preparing to take part in the TOKEN2049 conference, scheduled for October 1–2 in Singapore. During the event, Co-founder Dr. Chengdiao Fan will address the audience on the practical applications of blockchain technology and the future trajectory of Web3 innovation. This occasion holds strategic importance for Pi Network, offering an opportunity to strengthen its ties with the global blockchain and cryptocurrency community.
Focus on Dr. Chengdiao Fan
Dr. Fan’s presentation will emphasize actionable solutions to Web3 challenges and demonstrate how blockchain can deliver tangible societal benefits. With her expertise in anthropology and social computing, she is well-positioned to discuss decentralized governance, social consensus mechanisms, and community-driven blockchain adoption.
TOKEN2049 in Singapore
Recognized as one of the most prominent gatherings in the blockchain and cryptocurrency sector, TOKEN2049 will take place at Marina Bay Sands. The event will unite developers, investors, executives, and regulators to deliberate on industry expansion, regulatory frameworks, tokenomics, decentralized applications, and more. Alongside the main sessions, hackathons and side events will foster innovation and fresh ideas within the ecosystem.
As a Gold Sponsor, Pi Network is expected to benefit from heightened visibility. The conference anticipates over 25,000 attendees, featuring 300 speakers and 500 exhibitors representing approximately 160 countries.
Latest Updates from Pi Network
In recent days, Pi Network has undergone significant developments. On September 3, 2025, the network officially launched its mainnet with the V23.01 upgrade, albeit in an enclosed mode. This means the network is operational but remains inaccessible to external wallets, trading, or outside integrations until prerequisites such as KYC completion and ecosystem compliance are fulfilled. The upgrade introduced enhancements including Linux Node compatibility, decentralized KYC, and improved scalability. Despite the launch, the token’s price remained stable, fluctuating between $0.33 and $0.35.
However, on September 5, the token’s value dropped sharply by 85%, falling below $0.35. Analysts attribute this decline to the release of approximately 159–161 million Pi tokens in early September, which increased supply and weakened demand, exerting further downward pressure on the price.
At the time of reporting, the token was priced at $0.3438, reflecting a 0.41% decrease over the past 24 hours, according to CoinMarketCap data.
Challenges Facing Pi Network
Pi Network has achieved steady growth, with over 12 million users migrated to the Mainnet and more than 65 million completing KYC verification, reinforcing its compliance-focused, community-driven approach. Nonetheless, the project has encountered obstacles, including a steep price decline from $3 to $0.34, limited liquidity, and competition from projects such as Remittix. Upcoming initiatives like Protocol 23 aim to enhance speed, scalability, and security. Sustaining ecosystem expansion and user engagement will be critical for Pi Network’s long-term viability.
Given these circumstances, TOKEN2049 could serve as a pivotal moment for the network. Dr. Fan’s address is anticipated to shed light on the project’s roadmap, tackle existing challenges, and outline strategies for adoption, technological advancement, and community growth. Addressing competitive positioning and liquidity improvement could further reassure investors about the project’s ability to translate its vision into measurable outcomes.
Fundfa Analysis
The participation of Pi Network in TOKEN2049, coupled with Dr. Fan’s keynote, could influence market sentiment by clarifying the project’s strategic direction. If the event successfully addresses concerns over adoption and liquidity, it may bolster investor confidence and potentially stabilize the token’s market performance in the medium term.