Pi Network Launches PiFest 2025 Event, Aiming to Drive PI Coin Utility and Digital Currency Adoption

The Pi Network has launched the PiFest 2025 event, promoting PI coin utility and driving digital currency adoption. Pi Network highlighted PiFest's importance in connecting Pioneers with local merchants

The Pi Network has launched the PiFest 2025 event. This event will take place from March 14 to 21 and aims to highlight the utility of PI coin and drive digital currency adoption.

Pi Network highlighted the importance of PiFest in connecting Pioneers with local merchants. Events like PiFest strengthen digital communities, especially in the crypto domain.

Moreover, Pi Network has announced new security-enhancing updates. Among these updates, KYC-verified users can now update their phone numbers. This addition comes after a period of user requests for the ability to change phone numbers.

However, the crypto platform also introduced policies to prevent any effort to transfer or sell accounts. This measure follows warnings from industry leaders about the potential for a pyramid scheme.

KYC-verified users can now change their phone numbers, a feature that was previously unavailable despite repeated requests from users who had old or wrong numbers.

This update also includes a warning that any attempt to transfer or sell accounts will result in account restrictions.

“This feature should not be exploited for account transfers or sales. Pi has a strict policy of “one person, one account,” commented Pi Network.

This new feature follows warnings from Bybit CEO Ben Zhou and Moonrock CEO Simon Dedic about Pi being a potential scam for wash trading. Both executives expressed skepticism toward the project.

However, despite the warnings from the heads of major crypto firms, Pi remains a popular cryptocurrency among investors.