Pi Network is expected to be a major highlight at the upcoming Consensus 2025 summit. This significant blockchain industry event will take place in Toronto from May 14 to 16 and is expected to attract approximately 20,000 participants from over 100 countries, including senior executives, software developers, and cryptocurrency investors.
Nicolas Kokkalis, the founder of Pi Network, will be speaking at Consensus 2025. His attendance is particularly noteworthy, as he rarely makes public appearances. Other prominent speakers at the event include Bo Hines and Eric Trump. During his presentation, Kokkalis is expected to discuss how the Pi Platform can be adopted and outline initiatives for decentralized expansion.
Pi Network aims to establish institutional and retail audience awareness and trust in its platform and its actions, which the Consensus 2025 program provides an opportunity for. The combined assets at the summit exceeded $4 trillion, which would boost network visibility and foster strategic potential partnerships while increasing platform exposure.
Blockchain analyst Dr Altcoin insists that the Pi Core Team (PCT) must execute clear-cut actions before the event occurs. Dr Altcoin's social media message required team members to finish Know Your Business (KYB) approvals before the planned summit. All businesses seeking to operate within the Pi ecosystem and platform that require access to features need KYB approval.
Already, delays in processing KYB applications have worried Pi community members. Pidaoswap's platform shift from launching NFTS on the Pi network to the BNB Chain occurred because of the platform's network limitations. The expeditious handling of KYB applications would restore trust between users and lead to expanded ecosystem development.
Dr Altcoin advised that the PCT team should deploy decentralised applications on its mainnet before the event launch. It will provide developers with an environment to test practical applications and prove the operational capabilities of the network with the implementation of DApps. Since they were set to be a crucial stage in accessing open mainnet functionality, the Pi community has long awaited the deployment of complete decentralised applications (DApps).
The market value of Pi Coin stands at $0.6477. Analysts predict that the token may appreciate in value as major financial institutions begin to utilise Pi Network products. Recent unusual behaviour associated with the Banxa crypto payments platform keeps investors doubtful about new investment opportunities. The future success of Pi Network at Consensus 2025 will depend on how the PCT solves its outstanding matters.