Pi Network’s Upcoming Hackathon 2025: A Chance to Revive Pi Coin?

Jakarta, Pintu News – The Pi Core Team (PCT) has recently announced the launch of Pi Hackathon 2025, which will begin on Thursday, August 21.

However, the announcement sparked a huge controversy within the Pi community, coupled with the cryptocurrency’s continued price challenges.

Pi Hackathon 2025: Will it be able to revive the Pi Network?

According to the official blog, this was Pi Network’s first hackathon since the launch of Open Network.

Read also: Whale Chainlink Activity Increases, Could LINK Price Reach $30?

“This hackathon invites developers to build and launch useful Pi applications that deliver real utility and help shape the Pi ecosystem,” the blog states.

Pi Hackathon 2025 will officially kick off in 2 days, with a submission deadline of October 15. The Pi Network team also announced that developers will have the opportunity to receive valuable feedback during a mid-term evaluation session on September 19.

The event provides a total prize pool of 160,000 Pi Coin (PI). The first place team will receive 75,000 PI, second place 45,000 PI, and third place 15,000 PI. In addition, up to five teams will receive Honorable Mention, each receiving 5,000 PI.

“There is no limit to the number of team members. Developers are encouraged to collaborate and form focused teams to produce fewer but high-quality apps. Each team is required to submit a final member list on the final submission form by October 15. It should be noted that all team members must pass the Pi KYC process to be eligible for the prize,” the organizers added.

Ahead of Hackathon, Pi Community Remains Divided

Leading up to the start of the hackathon, the Pi community was divided. While some were optimistic about increased utility, others expressed frustration.

One user highlighted that many Pioneers were not familiar with using the Pi SDK and PiOS, which was a barrier to participation. He emphasized that the arrival of a stable version of Pi App Studio could ease the process, allowing more Pioneers to bring their app ideas into the Pi ecosystem.

“Pi App Studio is not ready for this hackathon. The platform has to come out of beta stage first,” replied a leading Pioneer.

In addition, the PCT (Pi Core Team) was also criticized for failing to address long-standing operational issues. A former validator raised a complaint regarding the Know Your Customer (KYC) process.

Read also: XRP Sets Sights on $3.40 Following Massive $605 Million Whale Transfer

“Many of us had passed KYC completely, but then our status was reverted to provisional approval. We’ve been waiting for migration for over a year and can’t even communicate with the team. I was once a validator myself. Please fix this, Pi team,” he wrote.

This persistent problem has prevented some Pioneers from migrating to the mainnet, which is a key requirement for full participation in the ecosystem. This raises questions about the PCT’s priorities.

Pi Coin Continues to Face Difficulties

Most crucially, the Pioneers also voiced concerns over the ever-decreasing price of PIs.

“The core team is only busy looking after their personal pockets, while the community is left behind in such a centralized project. PI down 80%, no demand, highly centralized, and circulating in the billions. Why would the core team start a hackathon in the midst of this chaos, while the winner of the old hackathon has yet to receive a prize? Is this the end for PI? Is this the beginning of the fall?” wrote one community member.

Citing a report by BeInCrypto, Pi Coin continues to face difficulties despite the bullish global crypto market. In fact, more and more investors are abandoning PI, reflected by the falling search interest as well as the large supply piling up on exchanges.

To date, PCT has not provided an official response to these criticisms. This leaves it uncertain whether the hackathon will be able to reinvigorate the Pi ecosystem or exacerbate existing problems.

With registration now open, the community’s attention is on how the event will go and the extent to which the team will be able to address the mounting concerns.

That’s the latest information about crypto. Follow us on Google News to get the latest information about the world of crypto and blockchain technology. Check today‘ s bitcoin price, today’s solana price, pepe coin and other crypto asset prices through Pintu Market.

Enjoy an easy and secure crypto trading experience by downloading Pintu crypto app via Google Play Store or App Store now. Also, get a web trading experience with various advanced trading tools such as pro charting, various types of order types, and portfolio tracker only at Pintu Pro.

*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

Reference:

• BeInCrypto. Pi Network’s Struggles Loom Over Pi Hackathon 2025 Amid Community Frustrations. Accessed on August 20, 2025