Technology

Pi Network Surpasses 12M KYC’d Global Users and Announces New Product Updates as Open Mainnet Progress Continues

Published

5 months ago

June 28, 2024

The Pi Core Team’s Open Mainnet progress remains on track due to the incredible contributions and innovations from its community

PALO ALTO, Calif., June 28, 2024 /PRNewswire/ — Pi Network, a Web3 app ecosystem and developer platform with a community of tens of millions of humans mining and using Pi cryptocurrency, today celebrated the start of Pi2Day festivities with an update on its progress towards Open Network.

In December, Pi announced its plan to go to the Open Network period of Mainnet in 2024 if the community reached a series of conditions including: 15 million KYC’ed Pi users (Pioneers); 10 million people migrated to the Mainnet; 100 real Pi apps that are on Mainnet or Mainnet-ready; continued progress with the Core Team’s technical and product updates; and finally, the absence of an unfavorable global external environment.

To date, over 12 million Pioneers have completed identity verification through Pi’s native Know Your Customer (KYC) solution, Pi KYC (up from 9.45 million in March), with 5.79M people migrated to the Mainnet (up from 4.5 million in March). In addition, 70 real, distinct Pi apps are either on Mainnet or are Mainnet-ready and solve a true need by delivering further utility to the Pi ecosystem (up from 50 in March).

“Our path to Open Network relies on the collective efforts of the global Pi community,” said Dr. Chengdiao Fan, a Pi Founder and Head of Product. “Together, the Core Team, community developers and Pioneers everywhere are working collaboratively to reach Open Network in 2024 and we’re pleased to say that we remain on track due to the incredible contributions and innovations from our community.”

“Over the past few months, our team’s diligent testing, technical optimizations, and numerous revisions have allowed for numerous updates in Mainnet migration, KYC, and other blockchain components like the Pi Node,” said Dr. Nicolas Kokkalis, the other Founder and Head of Technology. “These updates set the stage for our ongoing work in upcoming initiatives like the KYC grace period, second and following migrations, Mainnet Node and blockchain work, and more, which all facilitate the community to further progress Pi towards the Open Network in 2024.”

Since PiDay last year (March 14, 2023), Pi has grown from 45 million to over 60 million engaged global users and launched a series of major ecosystem updates including:

Fireside Forum, a Web3 social media app with innovative tokenomics to create, curate, and moderate content.Staked DMs on the Pi Chat app, another cryptocurrency integration to facilitate meaningful connections.Pi Ad Network, the first actualization of the network’s vision of platform-level utilities built on the back of its collective resources such as the community’s size and engagement, collective attention, and verified digital identities. The initial version was released in Fireside Forum, and the platform is now being integrated with community Pi apps.

Pi Network anticipates further momentum in 2024 as the Core Team looks to foster further growth in utility and community for all Pioneers globally.

Read more about Pi’s progress in their latest announcement here.

ABOUT PI NETWORK
Pi Network is a community of tens of millions of humans mining Pi cryptocurrency to use and build the Web3 app ecosystem. Founded in 2018 by a team of early innovators in blockchain and social computing, with PhDs from Stanford University, Pi Network is a utilities-based ecosystem for third-party apps on a mobile web platform, with widespread (rather than concentrated) token distribution. The blockchain platform offers a mobile-first mining approach, with low financial cost and a light environmental footprint within the crypto space.

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SOURCE Pi Network

Technology

Gentoo Media – Mandatory notification of trade

Published

37 minutes ago

November 14, 2024

ST JULIANS, Malta, Nov. 14, 2024 /PRNewswire/ — MJ Foundation Fundacja Rodzinna, a company related to Mateusz Juroszek, Board Member and primary insider of Gentoo Media Inc. (Gentoo) has today acquired 115,604 shares in Gentoo at a price of SEK 24,996 per share. After this transaction, close associates of Mateusz Juroszek hold 24,027,766 shares in Gentoo.

This information is subject to the disclosure requirements pursuant to Section 5-12 of the Norwegian Securities Trading Act.

For further information, contact:
Tore Formo, Group CFO, tore.formo@g2m.com, +47 91668678

About Gentoo Media

Gentoo Media is a market-leading affiliate connecting operators and players in the online gambling and sports betting industry. Gentoo Media offers an array of iGaming affiliate solutions, such as paid marketing expertise and quality traffic through our prominent industry sites including AskGamblers, Time2Play, CasinoTopsOnline, WSN and Casinomeister. In 2024, Gentoo Media (formerly GiG Media) became Gentoo Media Inc. following a legal split separating the Media and Platform and Sportsbook business in Gaming Innovation Group (GiG) into two independently listed companies. Gentoo Media Inc. is dual listed on the Oslo Stock Exchange (ticker “G2MNO”) and Nasdaq Stockholm (ticker “G2M”). www.gentoomedia.com

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/gentoo-media-inc/r/gentoo-media—mandatory-notification-of-trade,c4066199

View original content:https://www.prnewswire.co.uk/news-releases/gentoo-media—mandatory-notification-of-trade-302305030.html

Technology

Xinhua Silk Road: World IoT expo 2024 opens in E. China’s Wuxi to showcase future of smart connectivity

Published

37 minutes ago

November 14, 2024

BEIJING, Nov. 14, 2024 /PRNewswire/ — The World Internet of Things (IoT) Exposition 2024 kicked off on Monday in Wuxi City of east China’s Jiangsu Province, attracting industry leaders, representatives of enterprises and experts from across the globe to discuss industry trends and demonstrate innovative applications.

At the expo’s opening ceremony, Wuxi unveiled a national pilot project in intelligent connected vehicles, which aims to create a cohesive mode for car owners, vehicles and cities connection, contributing Wuxi’s expertise to smart vehicle initiatives.

Additionally, a new smart sensing chip engineering center was launched, representing an investment of over 1 billion yuan and focusing on high-density large-scale substrates and other advanced chip technologies to strengthen the city’s integrated circuit development.

The event also saw the release of several major IoT research achievements, including the 2024 IoT innovation development Taihu index and the 2024 white paper on advanced sensing technology and applications.

The three-day event features exhibitions, panel discussions, and thematic sessions that showcase the latest development in IoT innovations and applications. This year’s expo is poised to drive Wuxi’s high-quality growth in IoT while promoting global tech collaboration and knowledge sharing in the IoT field.

Wuxi has become a navigator of the IoT industry in China. The latest statistics show that in 2023, the scale of the IoT industrial cluster in Wuxi surpassed 450 billion yuan, taking the lead in Jiangsu Province.

Original link: https://en.imsilkroad.com/p/343117.html

SOURCE Xinhua Silk Road

Technology

Agoda Highlights Five Urban Hikes for Adventurous Travelers

Published

37 minutes ago

November 14, 2024

SINGAPORE, Nov. 14, 2024 /PRNewswire/ — Digital travel platform Agoda introduces five urban hikes across Asia, offering travelers a chance to experience the perfect blend of city life and nature. These hikes, ranging from family-friendly to more challenging trails, provide an unmatched perspective on some of Asia’s most dynamic cities.

Whether it’s Elephant Hill in Taipei, with its stunning views of the Taipei 101, or Hong Kong’s famous Dragon Back, active travelers are in for a treat when embarking on these city hike adventures.

Andrew Smith, Senior Vice President, Supply at Agoda said: “Asia is special to have so many incredible hike routes right in the heart of these popular cities. The five highlighted hikes are just a sample of the many breathtaking city trails the continent has to offer. Adventurous travelers will want to try them all and thankfully Agoda helps make travel affordable with great value deals on over 4.5 million properties globally.”

These are the five city hikes, ranked from easiest to most challenging:

Kuala Lumpur’s Bukit Nanas Forest Reserve offers a unique experience of trekking through a tropical rainforest right in the city center. The trail is relatively easy, with well-marked paths and informative signboards about the local flora and fauna, making it a great choice for families and nature enthusiasts.

Elephant Hill in Taipei offers a short but rewarding climb. The trail is well-maintained and provides stunning views of Taipei’s skyline, including the famous Taipei 101. It’s an ideal spot for those looking to enjoy a quick escape into nature without straying far from the city.

In Singapore, the Southern Ridges trail offers a moderate hike through a series of interconnected parks and gardens. Spanning 10 kilometers, this trail provides a lush green corridor amidst the urban environment, with highlights including the Henderson Waves bridge and panoramic views of the city.

Namsan in Seoul presents a slightly more challenging hike, leading to the N Seoul Tower. The trail is popular among locals and tourists alike, offering a mix of natural beauty and cultural landmarks, with several routes to choose from depending on the desired difficulty level.

Finally, Hong Kong’s Dragon’s Back is a favorite for its breathtaking views of the coastline and the South China Sea. This moderately challenging hike is known for its undulating ridges and scenic vistas, providing a rewarding experience for those willing to tackle its ups and downs.

In each of these city hike destinations, Agoda offers great value accommodation. In addition to holiday properties, Agoda’s 130,000 flight routes and 300,000 activities ensure the platform is the one-stop travel solution to help booking an entire trip. The latest Agoda deals can be found in the Agoda app or on agoda.com/deals.

— ENDS —

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SOURCE Agoda

Technology4 days ago

CloudOne Digital Appoints Packet Cofounder and Former Equinix Executive Zach Smith to Board of Directors to Drive Growth in Bare Metal and Hybrid-Cloud Solutions