Pi Coin Skyrockets as Pi Network Launches Inaugural Hackathon Event

Pi Network just dropped a developer bombshell—and the market responded with rocket fuel.

The Launch Effect

Pi Coin's value surged dramatically following the announcement of the network's first-ever hackathon. Developers worldwide are now scrambling to build on the nascent platform, creating immediate utility buzz around the previously dormant token.

Building Momentum

The hackathon represents Pi Network's first major push toward actual ecosystem development. Rather than just mining tokens, participants are now constructing real applications—from DeFi protocols to NFT marketplaces—that could finally give Pi Coin legitimate use cases beyond speculative trading.

Market Mechanics

Traders are betting that successful hackathon projects will drive adoption and increase token demand. The surge reflects classic crypto behavior: price moves first, actual utility follows eventually—maybe.

Because nothing makes digital assets pump like the promise of future development—especially when traditional finance is still trying to figure out how to spell blockchain.

Details of the Hackathon and Deadlines 

The Pi Network designed the Pi Hackathon 2025, to showcase real-world utility for Pi Coin by inviting developers to build applications that integrate the token into payments, identity, or community-based platforms. 

Pi Network explained that the event is “a general, open-ended theme to invite broad creativity,” encouraging participants to experiment while following Mainnet Listing Requirements.

The hackathon comes with a total prize pool of 160,000 Pi tokens. The winning team will take home 75,000 Pi, the second-place winner will earn 45,000 Pi, and the third-place finisher will receive 15,000 Pi. In addition, five honorable mentions will each be rewarded with 5,000 Pi tokens.

According to the network’s blogpost. More than 2,100 developers from over 100 countries have already registered, and around 900 are still looking for teammates.

“This is an exciting moment for the Pi community, giving developers the opportunity to build real-world Pi Apps that bring greater utility to millions of everyday Pioneers,” Pi Network said in a statement.

The Rules for Team Members 

The competition is open until October 15, and all projects must be submitted through the Pi Developer Portal. Teams must also create a short demo video that shows the purpose of the app, how it works, and how Pi Coin is part of the experience. Developers are allowed to submit up to two apps per team.

A midpoint check-in is planned for September 19, where teams can share updates and receive feedback from mentors. This stage will also give the team more visibility within the Pi community before the final judging in October.

Each project must include a name in English, a logo, preview images, a privacy policy, and a clear description. All apps are required to connect with PiNet, the blockchain that powers Pi Network. Teams have no size limit, but every member must complete the Know Your Customer (KYC) process to be eligible for rewards.

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