Pi Network outpaces Coinbase and OKX with 100M downloads
Pi Network has surpassed 100 million downloads on Google Play, outpacing major crypto exchanges such as Coinbase, OKX, and Crypto.com. The app boasts over 907,000 reviews, a 4.5-star rating, and allows mining Pi coins from smartphones with minimal energy use. Pi Network is expanding beyond mobile mining into decentralized computing and AI through a partnership with OpenMind, utilizing its 350,000+ active nodes for distributed computing. This milestone highlights the growing demand for Pi Network's accessible approach to crypto mining and its ecosystem expansion.
Pi Network Achieves 100 Million Downloads Milestone
The Pi Network app has reached an impressive milestone of 100 million downloads on Google Play. This achievement puts it ahead of major cryptocurrency platforms such as Coinbase (50M+ installs), OKX, and Crypto.com (each with 10M+ installs). The app boasts a 4.5-star rating and over 907,000 reviews, significantly outpacing competitors like Coinbase, which has a 4.4-star rating from 895,000 reviews.
Unique Features of Pi Network
Unlike traditional cryptocurrency exchange apps that mainly focus on trading, the Pi Network app empowers users to mine Pi coins directly from their smartphones. This innovative mining approach requires minimal energy consumption, offering an accessible and more environmentally friendly method for engaging in cryptocurrency mining.
Expanding Into Decentralized Computing and AI
Pi Network is evolving beyond mobile mining by diving into decentralized computing and AI development. Recently, the network announced a partnership with OpenMind, a company focused on creating a decentralized operating system for robots. This collaboration leverages Pi's 350,000+ active nodes to facilitate distributed computing, enabling users to contribute unused processing power for AI training tasks and receive Pi as rewards.
Proof-of-Concept for Decentralized AI
A proof-of-concept project is currently underway, integrating OpenMind's AI models with the Pi Node infrastructure. This initiative demonstrates the potential of Pi Network’s global node system to support decentralized AI training. The network aims to transform unused computing power into practical use cases, further advancing its mission in the decentralized computing space.
Pi Token Price Update
The price of Pi Network's token has recently retraced to the $0.20-$0.22 range following a rally that peaked at $0.30. Analysts note that the token appears to be consolidating around the $0.20 support level, where it previously stabilized after the October 10 flash crash. This fluctuation highlights the token’s ongoing market adjustments.