Pi Network officially launched its first global hackathon on the Open Network yesterday, Aug 21, to bring developers together from all over the world to build apps that use Pi Coin. The community has responded with a lot of excitement in the space.
In fact, Pi Coin has surged a modest 2.8% from the previous day, and is currently trading at $0.36 with the same percentage surge in its market cap which now sits at $2.88 billion, according to data from CoinMarketCap
The token already holds a 39th rank by market cap with about 7.89 billion coins in circulation. However, it is still down more than 9% in the last week and 24% over the last month.
Details of the Hackathon and Deadlines
The Pi Network designed the Pi Hackathon 2025, to showcase real-world utility for Pi Coin by inviting developers to build applications that integrate the token into payments, identity, or community-based platforms.
Pi Network explained that the event is “a general, open-ended theme to invite broad creativity,” encouraging participants to experiment while following Mainnet Listing Requirements.
The hackathon comes with a total prize pool of 160,000 Pi tokens. The winning team will take home 75,000 Pi, the second-place winner will earn 45,000 Pi, and the third-place finisher will receive 15,000 Pi. In addition, five honorable mentions will each be rewarded with 5,000 Pi tokens.
According to the network’s blogpost. More than 2,100 developers from over 100 countries have already registered, and around 900 are still looking for teammates.
“This is an exciting moment for the Pi community, giving developers the opportunity to build real-world Pi Apps that bring greater utility to millions of everyday Pioneers,” Pi Network said in a statement.
The Rules for Team Members
The competition is open until October 15, and all projects must be submitted through the Pi Developer Portal. Teams must also create a short demo video that shows the purpose of the app, how it works, and how Pi Coin is part of the experience. Developers are allowed to submit up to two apps per team.
A midpoint check-in is planned for September 19, where teams can share updates and receive feedback from mentors. This stage will also give the team more visibility within the Pi community before the final judging in October.
Each project must include a name in English, a logo, preview images, a privacy policy, and a clear description. All apps are required to connect with PiNet, the blockchain that powers Pi Network. Teams have no size limit, but every member must complete the Know Your Customer (KYC) process to be eligible for rewards.
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