Pi Network Hackathon: 160K PI Prizes for Token Adoption
The Pi Network hackathon runs from August 21 to October 15, offering a 160,000 PI prize pool to drive on-chain liquidity and expand Pi token utility. The Pi Network hackathon invites teams of any size after passing KYC to submit demos and applications via the Pi Developer Portal under Mainnet Listing Guidelines. Prizes include 75,000 PI for first place, 45,000 PI for second, 15,000 PI for third, and up to five honorable mentions of 5,000 PI each. Participants may use Pi tools like the Brainstorm App and Pi App Studio. Judges will assess innovation, scalability and user experience across payments, gaming, DeFi and other dApps. Since the announcement, the Pi token has climbed 2.5% to $0.36 despite a market downturn. This hackathon supports Pi Network’s roadmap to boost developer engagement, token demand and infrastructure readiness, offering crypto traders insights into upcoming dApps and potential market catalysts.
Bullish
The Pi Network hackathon is likely bullish for the PI token. In the short term, prize incentives and the 2.5% price increase signal positive trader sentiment and a potential spike in transaction volume. Longer term, the event fosters developer engagement, on-chain liquidity and the launch of utility-driven dApps, which can strengthen token fundamentals and demand. By unlocking 3.5% of the supply for liquidity and boosting infrastructure readiness, the hackathon creates sustained catalysts that often support price appreciation.