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Pi Network has rolled out the first version of its Token Launchpad on the testnet, giving users and developers a chance to explore token creation in a safe, risk-free environment. The update, announced on Pi Day 2026, went live on March 20th.

What is the Pi Network’s Token Launchpad?

The Token Launchpad is a new feature that allows developers to create and test their own tokens within the Pi ecosystem. It is open to both developers and everyday users, known as Pioneers. While developers can build and experiment with tokens, users can explore new apps, support projects, and take part in early-stage activities.

Since the feature is currently on the testnet, it does not involve real money. Users interact with test tokens, making it a safe space to learn and experiment without financial risk. The launchpad can be accessed through the Pi Browser.

How Does Pi Launchpad Work?

The launchpad focuses on practical use rather than just trading. Projects are expected to build a working app before launching a token, ensuring that each token has a clear purpose.

When users exchange Pi for tokens, the Pi is placed into a shared pool instead of going directly to developers. This helps keep prices stable and reduces the chances of misuse. Users can also support projects by staking their Pi and may receive early access to tokens or better rates for their participation.

The system is also connected to Pi’s decentralized exchange (DEX), which allows tokens to be traded after launch. However, only projects with real use are expected to make it that far.

The launchpad is currently in a testing phase, meaning no real money is involved. Pi Network aims to gather user feedback, refine features, and ensure system stability before rolling it out on the mainnet.

Right now, users can access the launchpad through the Pi Browser and experiment with its features using test tokens. The Core Team has indicated that the final version will be launched on the mainnet only after thorough testing and community feedback.