Pi Network - Latest News 2026 May 21

Indexado: 2026-05-22

[00:00:00]Hi, Dave Roscoe here. It is Thursday, May 21st, 2026, and I've got a few things to talk about today.

[00:00:08]OKX is now offering Pi trading in the US.

[00:00:14]Uh there's a new Pi core team blog uh focusing on the Consensus 2026 conference that just passed. Um there's also a uh CD games update uh that I want to talk about briefly.

[00:00:27]Uh and we'll get to that in just a moment. Uh if you like the comment that I provide, uh please hit that subscribe button, hit that like button. It only takes a few seconds, and it really helps out my video. Uh hit the bell icon if you want to get notified when I put out new videos. I don't put them out every day anymore, so it may be worthwhile to get that notification for when I do put them out, so you don't miss something.

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[00:01:26]But first, let's take a look at the metrics.

[00:01:31]The circulating supply is 10.59 billion Pi, and there were 5,494 user accounts that received first migration since my last update, totaling 5.21 million Pi.

[00:01:47]There were 37,374 user accounts that received second migration, totaling 44.76 million Pi.

[00:01:57]There is currently 17.1 million pi in the pi migration wallet and migrations are not happening now.

[00:02:06]The migrated unlocked rewards are at 4.42 billion pi with 31.8 million pi unlocked since my last update and now free to be traded on the open markets. Now you may notice that I have a nice little infographic here that basically outlines the metrics that I just gave you.

[00:02:27]And this suggestion came from a user who thought it might be worthwhile to have a visual for the metrics that I'm saying and I thought it was a great idea. So I did it. So let me know what you think in the comments.

[00:02:41]So there's a new Pi core team blog post and it says here Pi founders discuss blockchain, KYC business models and utility in the AI era at Consensus 2026.

[00:02:54]Pi founders Chengdiao Fan and Dr. Nicholas Kokkalis spoke at Consensus 2026 in Miami sharing perspectives on how blockchain can support real utility, identity verification, trusted human participation and sustainable business models in the AI era.

[00:03:13]Dr. Fan's presentation aligning Web3, AI and blockchain for utility focused on the central challenge in the broader crypto industry the frequent misalignment between token design and real product innovation. Now I've seen her presentation and what it really focused on was addressing the scenario where people use tokens to raise revenue and then run. Um and she used a very politically correct term called early exit, but we all know what this means, right? It's a rug pull. And the Pi I um RC um is meant to prevent that and that's why the tokens are being rolled out the way they are.

[00:03:58]While tokens have often been used primarily for capital raising or quick exits, Dr. Fan discussed the necessary change of approach to treating tokens as tools that can support user acquisition, product engagement, and long-term utility. One implementation of such a changed approach is Pi Launchpad.

[00:04:19]Now, a lot of people are upset with the way that they want to roll out the tokens because for a lot of people, you know, they they're starting out from scratch. They don't have anything. They have no backers. They have no funders. Uh and they want to build a product. And they were hoping to be able to use Pi as a way to raise funds to support their project. And it turns out they're not going to be able to do that.

[00:04:46]And that puts people in a tough situation.

[00:04:49]So, they're going to have to find ways to fund their project before they can even consider applying for the launchpad and getting a token, which is now used for user acquisitions, not capitalization. So, it's I know a lot of people are not happy about it. It's going to be interesting to see how this plays out because what you're basically doing is creating a hybrid situation where you're you're introducing a traditional business model where you're looking for investors that are investing in fiat to support your cause so that you then later use crypto to mechanize your program and and and provide um revenue and all that down downstream, but you just have to start from a fiat perspective because that's the only way you're going to get this done unless you get someone to invest Pi in your project, but at the end of the day, it still boils down to fiat, right? Because that's what the world uses, fiat currency. People aren't living on cryptocurrencies yet.

[00:05:54]Her talk highlighted how Pi's blockchain infrastructure, identity verification, and globally engaged network can help support utility-driven products and businesses in the AI era. In particular, she discussed Pi's approach to ecosystem tokens and launch mechanisms, including how tokens can be designed to help products acquire real users who engage, provide feedback, and use those tokens within actual product experiences.

[00:06:24]Now, I will say this as well, and this has come up more than once.

[00:06:28]Um the idea of universal basic income in the face of the AI reality, um she mentioned that. And she also mentioned that Pi could be a mechanism for distributing universal basic income to a wide range of people. And of course, as the Pi network grows, they can reach more people.

[00:06:52]Because when you think about it, a universal basic income is going to be very, very hard to manage to um globally if it rolls out. So, we're going to need something like a a crypto um system to be able to do this efficiently and at a at a large, large scale across the world.

[00:07:13]Dr. Kokkalis joined the panel, "How do you prove you're human in an AI world without doxxing yourself?"

[00:07:19]Uh in case anyone's worried about doxxing yourself, that's basically um providing information that allows you to be personally identified down to things like your address, your place of work, your your the names of your family, birth dates, you know, and things like that, you know, up to and including maybe your social security numbers.

[00:07:39]Um you know, so that's what doxxing is. And how do you prove that you're a human being without giving away everything that would that would protect your privacy.

[00:07:50]Uh which focused on one of the most important challenges emerging in the AI era, how to maintain trust and verify real human participation as AI systems become capable of generating convincing bots, profiles, agents, and interactions at scale.

[00:08:08]On the panel, Dr. Kokalis explained that proof of humanity depends on context. In some cases, systems need to know exactly who a person is. In others, they may only need to know whether an action is being performed by a human or a bot or whether unique people are behind a set of actions. He also emphasized that privacy-preserving verification should avoid exposing unnecessary personal information and must remain usable for most people.

[00:08:41]Dr. Kokalis noted the importance of distinguishing between AI agents that help and represent real people and fake activities that pretend to be human.

[00:08:52]Together, the two sessions pointed to a shared theme. As AI lowers the barrier to building and interacting online, the harder challenge may be connecting digital systems to real users, trusted participation, and meaningful utility.

[00:09:08]Pi's layer one blockchain, identity verification, payment infrastructure, non-custodial wallets, smart contracts, and engaged global community are all part of Pi's ongoing work to address that challenge.

[00:09:24]As I mentioned earlier, um OKX is now allowing the uh trading of Pi in the US. And that's a big deal, right? OKX has has been a um a partner or verified partner with Pi Network since day one. However, they have not been allowed to do business in the US.

[00:09:48]Now, like almost 2 years ago, they had announced plans to open a headquarters in the US for the purposes of expanding their trading activities into the US markets. And here we are 2 years later and that is now a reality. So, you now have two choices for purchasing Pi in the US. Pi NX US, which is admittedly a very low liquidity exchange at least with respect to Pi, and now OKX, which is a much much bigger um slice of the whole Pi Network economy.

[00:10:29]And that's big news, especially considering that the last I heard, OKX not only announcing the ability to trade Pi in the US, they are now licensed in 41 states. That's a big deal. That means only nine states in the US can't use OKX. Now, you can't say the same thing about Pi NX. A lot of states do not allow that purchase of Pi or trading of Pi in their state.

[00:10:59]And that's been a problem for a lot of people since open mainnet happened. So, this is big news and I'm it's really good and you know, a lot of people expecting this news to drive the price up and it's not going to, right? Because at the end of the day, the price is driven up based on demand.

[00:11:17]Just because you added more places where people can buy it, doesn't mean the demand is there. Now, I will say that things have been happening that will drive up demand and I'm already seeing at least some divergence from the purely speculative markets that indicate that Pi network may be starting maybe starting to differentiate themselves from the other speculative tokens. And that's thanks largely um to the rollout of CD games. Now, a lot of people aren't into games and I get it, but you know what?

[00:11:54]Gaming is a huge huge market and having the Pi network partnered with a good gaming uh platform is nothing but a good thing when you look at pure dollars and cents.

[00:12:11]And CD games seems to be filling that niche. Now, I mentioned this before that um CD games is pretty cool. The games that you can play on their platform are better than any other games that I've seen in the ecosystem with one exception of maybe Token Lords RPG. Token Lords RPG is still evolving and I've seen what they envision their end product to be and that blows everything else away.

[00:12:42]Um but for the people who are used to like mobile gaming CD games fills that niche really nicely.

[00:12:54]And as you can see here, it says uh CD CD's citizen Sorry about that. Are you ready? No, you cannot click no. And what they show here is the elf continent and that is the live map that people can bring their avatar into and perform tasks and interact and it's really really cool.

[00:13:15]It's an It's It's something of an open map and you can explore it. You can find NPCs and other users. You can perform tasks. Uh you can grow crops and trade and build things. it's it's pretty darn cool. And I I got a chance to get a sneak peek at this um when they were doing their beta their hidden testing cuz somebody leaked the websites. I figured I'd give it a try and I got in and I spent a good two days playing around with it. And I thought it was really cool. Um I I you know, I'm not much of a gamer. I don't have a lot of free time, but this was one of those things where I had a hard time pulling myself away from it.

[00:13:56]And the better part about it is is that at least in what I was able to see is that you weren't getting sucked into like having to buy tokens or coins or whatever to to do what you had to do. It everything seemed to be doable if you're willing to put in the work and spend the time.

[00:14:14]I'm sure you can spend money or Pi and accelerate things, but it did it wasn't like in your face that you needed to do so. Uh unlike some of the other games outside of the off continent where it's very clearly incentivized for you to spend in-game currency to improve the uh your experience of the games. Now, they're all playable without it, but you're you're more limited. I I will say that. And that's not unusual for mobile gaming. So, I don't fault CD games for that. Uh but they're not differentiating themselves in that regard in any way. Uh and why should they? It's it's a model that works and I have no problem with that. Everybody can interact or deal with that as they see fit, but I will say that so far CD games is the most polished, comprehensive, and entertaining portal that has come out for the Pi network.

[00:15:15]And I hope it's a model for things to come.

[00:15:18]Now, the last thing I want to talk about is my anti-scammer bot. I've had several people reach out to me lately and uh and you know quite most of them I've agreed to work with. There was one individual who uh is obviously in trouble and I gave them my information and said, "This What it is, I need this from you."

[00:15:42]And this and I and I laid out that they needed to agree to my fee. I I laid out my fee.

[00:15:48]They tried to negotiate with me.

[00:15:51]Now, if you read my FAQ, which everybody should do, um I don't negotiate on fee. I'm a software engineer with 30 years of experience and I've spent countless hours building this bot and I'm still continuously improving it. And the fact remains that you need my help because you screwed up. You made a mistake. So, why are you trying to negotiate with me to avoid losing 100% of your pie when I'm asking for a fraction of that to save it? So, need- needless to say, that was not received well. Um so, if you're planning on asking me for help, read the FAQ and understand that when I list my fee, it's non-negotiable and I am not going to give you a second chance. You try to negotiate with me, then you're on your own. So, anyway, if anything breaks, I'll be sure to hop on here and let you know. But until then, don't panic, stay the course, and remember the success of the Pi Network begins with you. Pi to the moon.

[00:17:03]Peace.