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Market News

Pailot on Pi Network Adds Payments, Staking, and More

Written By Jalpa Bhavsar
Fact Checked by Jahnu Jagtap
Published 2024-12-31·Updated 2 years ago
Make The Crypto Times preferred on GoogleGoogle
Pailot on Pi Network Adds Payments, Staking, and More

Pailot, a platform within the Pi Network ecosystem, has announced the addition of new features to its app, designed to enhance the user experience and offer more functionality. 

Pailot New Functions
Pailot Adds New Features, Source: X

As per the announcement, Pailot will add five features, including profile picture uploads, an A2U Payment System, platform fees, stake activation, and an updated testnet link. 

  • Profile Picture Upload: Users can now upload their own profile pictures, allowing for a more personalized experience within the app.
  • A2U Payment System: This feature enables direct payments to a Pailot Wallet Address, streamlining transactions within the app.
  • Platform Fees: Pailot has introduced platform fees, likely for transactions or other services on the platform, which helps cover operational costs.
  • Staking Activation: Users can now stake assets based on the price of consignments, opening up new opportunities for earning rewards through staking.
  • Updated Testnet Link: The testnet link has been updated, offering users access to the latest developments and functionality of the app.

These updates are set to go live when the testnet launches tomorrow, allowing pioneers to try out the new features alongside the existing ones as Pailot continues to grow within the Pi Network ecosystem.

From January 2023 to March 2024, during the Pre Pi Network Incubator Phase, Pailot focused on developing the Delivery Creation Flow.

From April to November 2024, the platform continued its development and launched Post Pi Network Incubator Phase Functions including features for a 3-party system (sender, courier, receiver), security staking, rendering by location, and delivery tracking.

Also Read: Pi Network introduces 20 Apps ahead of Mainnet launch in 2025

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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