AInvest Newsletter
Daily stocks & crypto headlines, free to your inbox
Pi Network Sees 21,700 No-Code Apps Created Despite 8% Token Drop
Coin WorldMonday, Jul 21, 2025 9:46 am ET
2min read
Aime SummaryThe Pi Network has seen a significant surge in app development, with over 21,700 no-code apps created since the launch of Pi App Studio in mid-2025. This includes more than 7,600 chatbot apps and 14,100 custom apps, showcasing the platform's accessibility to non-developers. The platform's no-code base aligns with the broader Web3 movement, emphasizing decentralization, inclusiveness, and community-driven tooling. Notable projects include Pi-Tris, a puzzle game, Healthy Life, a wellness advice chatbot, and BLACKHOLE, an astronomy-focused assistant, all created through AI-assisted workflows.
The Pi Network has also implemented the Ecosystem Directory Staking system, allowing users to stake their PI tokens to increase an app’s visibility. Over 37.7 million PI tokens were staked during the launch window, with 25 million still staked. This system turns community interest into economic backing, where app visibility is determined by community value rather than paid ads or ranking algorithms. Over 1,450 apps have been supported by this system, with over 16,700 unique stakers participating. This approach is similar to mechanisms used in Web3 social platforms, where user actions and stakings determine what gets noticed. However, the lack of app vetting means quality remains variable, and users must self-assess content risks.
Despite the surge in app development, the PI token's price remains unstable. Community-tracked data shows the token fell from above $0.47 on July 15 to a low of $0.435 by July 17, marking an 8% drop in just two days. Although there were short-lived recoveries, the token struggled to hold momentum, remaining around the $0.45 mark as of July 21. This volatility is mainly speculative due to the token's closed mainnet status and lack of listing on major centralized exchanges, limiting liquidity. The price of PI is user-supplied and lacks verified exchange data, creating uncertainty about its market value. In contrast, other tokens like Worldcoin (WLD) and CORE DAO (CORE) launched with direct listings and price visibility, gaining both developer traction and investor trust faster. This puts Pi Network at a disadvantage despite its growing ecosystem.
Market sentiment is split on the real utility of the apps developed on Pi Network. While community participation is strong, experts remain cautious about whether these apps generate meaningful utility or simply reflect activity inflation. Creating a chatbot or mini-game in minutes is impressive, but questions remain about user retention, problem-solving capabilities, and measurable economic impact. Some observers view Pi App Studio more as a growth-hacking mechanism than a genuine innovation layer. However, the project deserves credit for pioneering mass access to crypto tools, enabling tens of thousands of non-coders to create and launch apps, a rare feat in the space. Until the open mainnet transition, Pi Network will likely remain a community-led, closed-loop ecosystem, dynamic and highly active, but challenging to evaluate from a financial standpoint. The model of building with and for the community, especially with such scale, may prove invaluable if the team executes a successful open mainnet transition.
Disclaimer: The news articles available on this platform are generated in whole or in part by artificial intelligence and may not have been reviewed or fact checked by human editors. While we make reasonable efforts to ensure the quality and accuracy of the content, we make no representations or warranties, express or implied, as to the truthfulness, reliability, completeness, or timeliness of any information provided. It is your sole responsibility to independently verify any facts, statements, or claims prior to acting upon them. Ainvest Fintech Inc expressly disclaims all liability for any loss, damage, or harm arising from the use of or reliance on AI-generated content, including but not limited to direct, indirect, incidental, or consequential damages.
Comments
No comments yet