Gate News message, April 16 — Pi Network is preparing to launch its V23 upgrade next month, introducing three major features: smart contracts, a DApp ecosystem, and a decentralized exchange (DEX). The network currently has over 18 million users who have completed KYC verification, providing a strong foundation for the new features.
The smart contract launch will enable developers to build and deploy applications on Pi Network for the first time, moving the network beyond mining and user growth toward practical use cases. The DApp ecosystem will allow developers to create games, finance tools, and marketplaces, while the Pi DEX will enable users to trade tokens directly within the ecosystem without relying on external platforms.
The upgrade marks a significant shift for Pi Network, transitioning from a community-building phase to one focused on real utility and active ecosystem development.
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