Pi Network has continued to build on its utility in gaming because of a new partnership. The platform partnered with CiDi Games in a bid to extend its reach in Web3 gaming.
Pi Network Partners With CiDi Games to Expand Gaming Utility
The platform announced in a recent blog post that they had teamed up with CiDi Games. The gaming firm is looking forward to integrating the Pi crypto into its platform. The collaboration is targeted at bringing high-quality gaming experiences to its community.
The team said the deal will expand the real-world use cases of Pi by bringing clear support to game developers to build at scale. This will provide Pioneers new opportunities to spend, earn, and interact with Pi across multiple titles.
The core development team described gaming as a natural fit for the ecosystem.
Dr. Altcoin, a Pi analyst, reacted positively to the news. He said the partnership should have happened years ago and called it meaningful progress.
Over the past years, the network has invested in building the foundations for a gaming blockchain ecosystem. These efforts involve:
- Developer hackathons
- Built-in game integrations
- Monetization features
This has made it easier for creators to release titles. Recent examples include the game FruityPi, which integrated the Pi Wallet and Pi Ad Network.
In September, PiOnline launched the “Genesis Farm.” This is a farming-based game with integrated DeFi capabilities. CiDi Games would be developing a library of Pi titles. Payment, rewards, and transactions within the games will be made using Pi.
Pi Coin Sees Market Boost on Growing Utility
The positive update has resulted in an upward move of the coin’s price. Over the last 24 hours, the Pi price has appreciated more than 2% and it’s up over 10% within the month. The market cap of the project has crossed the $2 billion mark once again.
Source: CoinMarketCap; Pi Coin Price Daily ChartJust recently, Pi Network was onboarded into the European Union’s MiCA regulatory framework. This is a move that could pave the way for Pi’s entry into broader European markets.
Moreover, Pi Network Ventures has extended the reach of the ecosystem by investing in OpenMind. They have also dedicated 350,000 nodes for AI due to the partnership.
Source: https://coingape.com/pi-network-boosts-utility-with-major-partnership-with-cidi-games-expert-calls-it-real-progress/
