Pi Network Announces AI Integration and Staking Features Despite Token Price Drop
Pi Network's Core Team has introduced two major updates during its Pi2Day celebrations: artificial intelligence capabilities and a new staking service. These developments position Pi Network at the forefront of blockchain and AI convergence.
The AI integration tackles key industry challenges, such as early-stage application-layer implementation and unresolved human-AI collaboration issues. Pi Network proposes using blockchain as a distribution mechanism for AI-generated value to maintain economic fairness in an automated future.
Despite these technological advancements, PI tokens have continued their decline, losing 5% of their value in the past 24 hours. The market remains bearish on the project's native currency, showing skepticism towards these announcements.