Pi Network Sets 200,000 USDT Prize Pool for Pi Next Hackathon

Pi Network has named its next developer hackathon Pi Next and set a prize pool of 200,000 Tether (USDT), with participation details scheduled for release during its November Ecosystem Summit.

Pi Next is the name of the hackathon already planned for the summit, and its prize pool is 200,000 USDT. Earlier coverage of the summit schedule noted that a hackathon announcement was planned. Pi Network has set Nov. 19, the summit’s final day, for the release of participation details through its official channels.

At 4:13 a.m. ET (09:13 UTC) Nov. 9, Pi (PI) traded at $0.06508. It had moved between $0.06263 and $0.07302 over the preceding 24 hours. The $0.06263 low was also PI’s listed all-time low, putting the token about 3.9% above that level at the time of the price check.

The online summit runs Nov. 17-19. Video programs are scheduled for 11 a.m. ET (16:00 UTC) on Nov. 17 and 18. Developer tools and app showcases are scheduled for Nov. 17, while the Nov. 18 program focuses on artificial intelligence and the ecosystem. No video program is listed for Nov. 19.

The hackathon schedule does not specify who can enter, how long the contest will run or how entries will be judged. It also gives no breakdown of the 200,000 USDT prize pool or method for paying prizes.

Pi Network counted more than 300 Mainnet apps in its Oct. 15 summit announcement. Its Oct. 29 developer update described changes to the Developer Portal and PiVerify service. Third-party PiVerify clients pay in PI, but the update gave no customer or revenue totals.

Pi Network plans to publish the hackathon participation details Nov. 19. It has not set a time for that announcement.