00:00Pi Network enters new era,
00:01ERC-20 contract on Ethereum in stable value of 314159.
00:07Pi Network has made a significant leap in the cryptocurrency world by establishing
00:11a contract on the Ethereum network.
00:13This development marks a major milestone for Pi Network,
00:16now supporting the basic functions of an ERC-20 token,
00:20including token transfers and balance checks for PiCoin.
00:23The contract sets a stable value of $314159 for PiCoin.
00:29By adopting the ERC-20 standard,
00:31PiCoin can now leverage various features available on the Ethereum network.
00:35Basic functions such as token transfers allow users to send PiCoin to other wallets with ease.
00:41Additionally, the ability to check PiCoin balances directly enhances transparency
00:46and accountability in transactions.
00:48This means that each PiCoin transaction will be clearly recorded and traceable,
00:53providing users and investors with added confidence.
00:56One of the most notable aspects of this update
00:59is the establishment of a stable value of $314159 for PiCoin.
01:05This value not only provides anticipated price stability,
01:08but also creates a solid foundation for further development and applications of the token.
01:14This valuation underscores Pi Network's commitment to maintaining economic stability
01:18and providing users with confidence in the long-term value and potential of PiCoin.