PiFest 2025: Pi Network’s Innovation in Driving Pi Coin Adoption in the Real World

Jakarta, Pintu News – Pi Network officially announced the launch of PiFest 2025, an initiative that aims to support local commerce as well as expand the real-world adoption of their digital currency, PI Coin.

This announcement coincides with Pi Day, an annual celebration of the mathematical constant pi (π), which is approximately 3.14159.

Pi Network Drives Real Adoption with PiFest 2025

Pi Network is again driving real-world adoption by holding PiFest 2025, which runs from March 14 to March 21, 2025.

Read also: Can Pi Network’s Price Increase 3x if Listing on Binance Happens Before March 2025?

The event aims to connect Pioneers-users of the Pi Network-with merchants who accept Pi Coin as a means of payment. In addition to celebrating Pi Day 2025, PiFest also highlighted the potential of Open Network connectivity within the Pi ecosystem.

“Pi celebrates with the first Open Network PiFest connecting Pioneers with local merchants! With the full support of Open Network connectivity, PiFest is here to highlight Pi’s usefulness in local commerce and prove Pi’s real-world adoption around the world,” reads an official Pi Network statement.

According to data from CoinMarketCap, Pi Network experienced the highest bullish sentiment among other cryptocurrencies on Pi Day, reflecting great enthusiasm for the project.

PiFest 2025 provides an opportunity for Pioneers to make transactions with businesses that accept Pi Coin, while expanding its use in the local economy-from small businesses to large service providers.

Traders can start registering for the event from March 12, with official transactions starting on March 14 to March 21. However, while enthusiasm for PiFest 2025 is high, legal uncertainty regarding crypto transactions is still a challenge for Pioneers in some jurisdictions.

“If cryptocurrency exchange is illegal in your country, you are not allowed to participate in PiFest,” Pi News stated.

This statement highlights the legal uncertainty that still surrounds Pi Network, given that cryptocurrency regulations vary by country.

Looking back, PiFest 2024 was a huge success with over 55,000 merchants from 160+ countries taking part. The event also saw nearly 1 million Pioneers make transactions using Pi Coin.

This year, PiFest 2025 aims to continue that momentum by encouraging wider adoption of Pi on a global level.

Pi Network Presents Phone Number Change Feature for Pioneers who Pass KYC

Alongside PiFest 2025, Pi Network launched a new feature that allows Pioneers who have passed KYC to update their phone numbers in full.

Previously, users who registered an incorrect or inactive number did not have the option to change it.

Read also: Pi Coin Plummeted 8%, How Much is Pi Network to Rupiah Today (3/17/25)?

This feature is designed to help Pioneers retain access to their accounts, receive verification codes, and manage information more securely.

However, Pi Network emphasizes that this feature should not be misused to transfer accounts to others, in accordance with their strict policies regarding account ownership.

“This feature should not be used for account transfers or sales. Pi has a strict ‘one person, one account’ policy. If you intentionally transfer your KYC account to someone else, you will not be able to participate in the Pi ecosystem in the future, as your next Pi account will not be verifiable,” Pi Network explained.

To ensure that only the real owner can change the phone number, the platform implements liveness verification and name matching mechanisms.

This new feature comes amid growing concerns that KYC (Know Your Customer) issues may cause Pioneers to lose access to their Pi holdings.

Some reports suggest that challenges in the verification process have hindered users in migrating Pi Coin to the Open Network, raising questions about the long-term viability of the platform.

On the other hand, Pi Network remains a controversial project, with various scam accusations from crypto industry executives.

Bybit’s CEO, Ben Zhou, openly doubted Pi’s legitimacy, while Moonrock Capital’s CEO, Simon Dedic, alleged wash trading within the Pi Network ecosystem.

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This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

Reference:

• BeInCrypto. PiFest 2025: Pi Network Pushes for Real-World Adoption of PI Coin. Accessed on March 17, 2025