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Cryptocurrency News Articles

In Celebration of Pi Day, a Community of Pi Network Enthusiasts Held a Bartering Event in Muntinlupa City

Mar 22, 2025 at 07:50 am

Pi Network Celebrates Pi Day with a Bartering and Merchant Orientation Event in the Philippines

In Celebration of Pi Day, a Community of Pi Network Enthusiasts Held a Bartering Event in Muntinlupa City

A community of Pi Network enthusiasts and investors came together on Pi Day, March 14, 2025, at Barangay Sucat Gazebo and Park in Muntinlupa City, for a special event: Pi Day Celebration and Bartering Event.

The event was organized as a tribute to the Pi Core Team, particularly Dr. Nicolas Kokkalis and Dr. Chengdiao Fan, for creating Pi Network to benefit humanity.

More than 40 people, mostly estimated to be 30 years of age or older, attended the event, which was filled with activities and a festive atmosphere.

According to a BitPinas contributor who attended, Pi Network enthusiasts engaged in bartering, exchanging goods and services using a 50%-50% split between fiat currency and $PI. Merchant stalls set up at the event displayed a conversion chart to provide attendees with a reference for $PI to peso valuations.

Some of the items exchanged through bartering included bread, canned goods, coffee, processed food, pancit noodles, clothes, and cup noodles.

In addition, a prayer was held, followed by a candlelighting ceremony. The event also featured a book titled "Global Value Consensus Articles $314,159 Guidebook," written in both English and Filipino.

The guidebook, authored by Doris Yin, serves as a strategic blueprint for advancing the GCV movement and promoting the adoption of Pi Network worldwide.

He noted that the book provides key insights to drive global consensus on Pi’s value and expand the ecosystem.

Following this event, organizers also held another Bartering and Merchants Orientation on March 20 at the Hugo Perez Covered Court in Trece Martires City, Cavite.

A Background on Pi Network

Pi Network is a blockchain-based digital currency project that aims to make cryptocurrency mining accessible to everyday users through a mobile app.

Founded in 2019 by Kokkalis and Fan, who are supposedly from Stanford University, Pi Network allows users, called Pioneers, to mine Pi coins using their smartphones without the need for energy-intensive hardware.

The Global Value Consensus (GCV) movement within the Pi Network community promotes a standardized value for $PI while encouraging adoption among businesses and merchants.

Latest News on Pi Network

Meanwhile, Bybit CEO Ben Zhou warned that Pi Network is riskier than meme coins due to its lack of transparency, repeated delays, and targeting of inexperienced users. He criticized the project for having an elusive team, a six-year mining campaign with unclear rewards, and a model resembling a Ponzi scheme. Bybit has refused to list $PI, citing these concerns.

Recently, Pi supporters expressed disappointment after Binance excluded Pi Network from its “Vote to List” campaign due to its lack of integration with the BNB Smart Chain.

Nonetheless, Pi Coin is actively traded on other exchanges, despite community concerns over bot-driven negativity on CoinMarketCap.

Disclaimer:info@kdj.com

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Other articles published on Mar 23, 2025