Pi Network has initiated a critical test of its Launchpad feature, successfully executing a full-cycle token distribution on its testnet using a new "12-Grid" system. The test, which began recently, demonstrates a working model where users can subscribe to a project using test Pi tokens, receive calculated token allocations, and have those tokens deposited directly into their wallets.
Early results confirm the system is operational, with one verifiable example showing approximately 93.04 IRRA test tokens being deposited into a wallet, with the transaction visible on the blockchain. This marks a significant step from concept to a verifiable, working process. The test also incorporates a 30-day lock-up period for staked Pi tokens before redemption, a common feature in token launches to manage circulation.
This development is part of a broader series of upgrades for the Pi Network ecosystem. The team has recently completed the Protocol 21.2 (V21) upgrade, aimed at improving network stability. Furthermore, the network has launched the PiRC1 token framework, designed to limit speculation, and plans to introduce full smart contract support in the future. These steps are intended to transition Pi from a mobile mining application to a fully-fledged blockchain ecosystem for developers.
Despite this technical progress, the community reaction remains mixed. While some users are encouraged by the tangible development, others express ongoing frustration with delays in mainnet migration and KYC (Know Your Customer) processes. The Core Team has attempted to address validator concerns by distributing the first KYC validator rewards to over a million participants.
The current test phase is conducted solely on the testnet, not the mainnet. However, the successful demonstration of the Launchpad's core functionality is seen as a strong signal of the project's commitment to building real utility and a developer ecosystem.
