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Market News

Pailot on Pi Network Adds Payments, Staking, and More

Written By:
Jalpa Bhavsar

Reviewed By:
Jahnu Jagtap

Last updated: December 31, 2024 2:08 AM
Published December 31, 2024 1:36 AM
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Last updated: December 31, 2024 2:08 AM
Published December 31, 2024 1:36 AM
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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Jalpa Bhavsar- Senior crypto journalist at The Crypto Times
By Jalpa Bhavsar
Follow:
Jalpa Bhavsar is a Crypto Journalist with 3 years of experience in crypto, blockchain, AI, digital design, and crypto news reporting. She holds a B.Tech in Computer Science, bringing a strong technical foundation to her writing. Jalpa focuses on delivering clear, accurate, and engaging coverage of the latest trends and developments in the crypto and tech space.
Jahnu Jagtap - Crypto Research Analyst at The Crypto Times
By Jahnu Jagtap
Follow:

Jahnu Jagtap is a Research Analyst with over 5 years of experience in crypto, finance, fintech, blockchain, Web3, and AI. He holds a BSc in Mathematics and is certified in Blockchain and Its Applications (SWAYAM MHRD), Cryptocurrency (Upskillist), and NISM Certifications. Jahnu specializes in technical, on-chain, and fundamental analysis, while also closely tracking global macro trends, regulations, lawsuits, and U.S. equities. With a strong analytical background and editorial insight, he drives content that delivers clarity and depth in the fast-evolving world of digital finance.

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