Pi Network co‑founder Chengdiao Fan announced a new class of ecosystem tokens for Mainnet in a recent video presentation. Those community‑created assets are already live on Testnet and are in the final stages before Mainnet deployment.
Fan emphasized that the ecosystem tokens are designed to support products and user acquisition rather than serve primarily as fundraising instruments. He criticized many token models on other networks for being structured mainly to raise capital without delivering genuine utility, and said Pi’s approach embeds tokens into product workflows and launch programs so projects can issue tokens to attract users and provide in‑app functionality.
Under Pi’s model, users will earn or receive tokens through Pi launch programs and spend them inside apps. Fan argued this can reduce the time and cost of building user engagement: Pi’s Web3 tooling and ecosystem tokens are intended to lower acquisition expenses and accelerate adoption. The framework also creates a market discipline—apps that fail to deliver value should naturally lose users, while useful projects retain them.
The team intentionally avoided copying established token templates and expects token design to evolve through experimentation and iteration in real deployments rather than by repeating old models.
The announcement arrives as the community discusses timelines ahead of Mainnet upgrades, migration, and validator rewards that ramp into early March, with a protocol upgrade deadline on March 1. Market participants are watching on‑chain positioning and the upgrade schedule closely.
On markets, PI trades near $0.17, roughly 91% below its $2.99 all‑time high. The token has slipped about 8% over the past week, with a modest 24‑hour move of −0.6% and roughly $15 million in daily volume.
Price action into March 1 may depend on whether the current bullish‑flag technical structure resolves higher toward the $0.20–$0.21 resistance zone or falls back toward the $0.15 support level as traders reassess the upgrade timeline and on‑chain dynamics.