News

Pi Network Activates Smart Contracts as 17.5M KYC Users Fuel Build Phase

By

Shweta Chakrawarty

Shweta Chakrawarty

Pi Network activated smart contracts, enabling dApp development, automated logic, and on-chain interactions.

Pi Network Activates Smart Contracts as 17.5M KYC Users Fuel Build Phase

Quick Take

Summary is AI generated, newsroom reviewed.

  • Pi Network has activated smart contracts on Testnet2, allowing developers to immediately begin building and testing dApps.

  • The development phase is supported by one of Web3's largest verified user bases, with over 17.5 million KYC-approved users.

  • This large, verified user base provides a ready audience for new applications and reduces risk for developers.

  • The activation shifts the community focus from questioning timelines to actual utility, testing, and execution of on-chain ideas.

Pi Network has taken a key technical step forward. Smart contracts are now active on Testnet2. The update opens the door for developers to start building real applications inside the Pi ecosystem. Community members and builders confirmed that contracts are live and callable. That shift moves Pi beyond theory and into execution. For many developers, this moment matters more than price talk. It means tools are finally usable. With smart contracts available, Pi can now support dApps, automated logic and on-chain interactions. That changes how the network can grow from here. Instead of waiting, builders can test, break, and improve ideas in real conditions.

17.5 Million KYC Users Set the Stage

One number keeps coming up in community discussions. Pi now has more than 17.5 million KYC-verified users. That is one of the largest verified user bases in Web3 today. This matters because developers do not just need tools. They need users. Pi Network already has them. Every app built on Pi knows there is a real audience behind it. That lowers the risk for builders testing new ideas.

KYC also brings structure. Verified users help reduce spam, fraud, and fake activity. As a result, developers can design apps with trust baked in. Payments, identity, and access control become easier to manage. Because of this, many in the community see Pi’s build phase as different from other chains. The user base came first. Now the tech is catching up.

Developers Shift Focus From Waiting to Building

For years, Pi Network faced criticism for moving slowly. Many users grew tired of delays and vague timelines. Recent Testnet2 activity has changed the tone. Conversations are shifting from “when” to “what can we build.”Developers are already sharing code snippets, contract calls, and early integrations. For instance, some point to pre-connected services and infrastructure that appear ready behind the scenes. Furthermore, others highlight how Testnet2 blocks have been processing smoothly.

At the same time, speculation is everywhere. Some community members talk about timelines and values. However, Pi Network itself has not confirmed any dates or pricing outcomes. Builders closest to the tech say the focus should stay on utility, not hype. Smart contracts give Pi something concrete. They let progress speak for itself.

What This Step Really Means for Pi Network

Activating smart contracts does not mean Pi is finished. It means Pi Network is finally buildable. That distinction is important. Testnet2 allows experimentation without pressure. Bugs can surface. Designs can evolve. If developers use this phase well, Pi could enter its next stage with working apps, active users and proven demand. If not, momentum could fade again. The outcome depends on what gets built now. For the first time in a while, Pi’s story feels grounded in development, not promises. The tools are live. The users are there. Now comes the hard part. Building something that lasts.

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