Pi Network will overhaul its Pi App Studio pricing model on August 24, ending the heavily subsidized 0.25 PI fee for most creators to reflect actual AI service costs. The Core Team stated the previous model funded experimental and spam projects. Under the new system, only creators whose apps demonstrate real utility and usage from distinct users will remain eligible for the subsidized rate, with eligibility reviewed regularly. Separately, PI’s token price was rejected at $0.09 again, trading 4-5% below that level with a market cap under $1 billion, ranking it as the 69th-largest cryptocurrency.
Starting next Monday, Pi Network will update its pricing model for creating and editing applications on its Pi App Studio, aiming to end the heavily subsidized 0.25 PI fee for most creators. The blog post published by the Core Team explained that Pi Network charged just 0.25 PI to create an application and another 0.25 PI to edit one until now, with the project covering the difference to actual AI service costs.
The new system will set standard prices more closely reflecting those AI costs, which may vary depending on the resources required for each action. While the team claimed it wouldn’t add a markup to underlying AI service costs, it admitted there is an important exception.
Creators whose apps demonstrate real utility and usage from distinct users will remain eligible for the previous subsidized pricing. The project plans to review eligibility regularly, meaning developers who initially don’t qualify could earn the cheaper rate later if their apps attract more users.
The post further explained that subsidizing every app had also meant funding projects created for experimentation, testing, or spam. The new model removes that option, directing more resources toward applications that real people actually use.
The Pi App Studio was introduced a while back, with updates in July including adding backend infrastructure and app-planning capabilities. The August 24 change will essentially make it mandatory for creators to build an app that Pioneers actually use.
Separately, PI’s market moves have remained dull over the past several days. It exploded to almost $0.10 at the start of the month where it was rejected, slipping back to $0.09 before bears pushed it below that level to $0.084 last week.
The token rebounded and challenged the key support-turned-resistance at $0.09, but it was rejected once again on Friday and Saturday and now sits 4-5% below it. PI’s market cap remains well below $1 billion, making it the 69th-largest cryptocurrency by that metric.
