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Jakarta, Pintu News – The Global Pi Market (GPM), one of the largest decentralized marketplaces within the Pi Network ecosystem, has surpassed 208,000 registered users this October.
However, while its growth has further cemented GPM’s role as a prime example of Pi’s real-world utility, allegations of illegal sales involving stolen vehicles have sparked controversy over the project’s rapid expansion.
Founded by Alhaurin1968 and Ron123Cash, Global Pi Market (GPM) began as a peer-to-peer trading platform within the Pi Browser, allowing users (called Pioneers) to buy, sell, and offer services using Pi tokens directly.
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“Creating a real marketplace where Pi is not just a theory-but a daily practice,” reads GPM’s mission statement from PiNewsZone.
In less than two years, the idea grew into a vast decentralized trading ecosystem, with over 17,000 active ads, 22,000 members on Telegram, and real transactions using Pi taking place every day in different parts of the world.
Users trade everything from digital services, electronics, to cars and property-realizing what GPM calls a “100% Pi-based economy”.
To ensure transaction security, GPM utilizes MultiSig wallet, escrow system, and dispute resolution mechanism, all managed through GPM’s internal infrastructure.
The platform also promotes environmental initiatives through its “Pioneer Forest” project, which aims to plant five trees for every 100 successful transactions.
One of GPM’s most prominent innovations is the Franchise Model, which allows local entrepreneurs to run regional branches of GPM and earn commissions from transactions in their region.
Each franchise partner acts as a local ambassador-helping new users, managing product or service listings, and building trust within their community. With a commission sharing scheme of 2% for franchise partners and 1% for the center, the system combines decentralized governance with entrepreneurial opportunities.
GPM has expanded into various regions and describes itself as a network of interconnected Pi markets-a decentralized ecosystem with real-world business roots.
In the midst of its achievements, GPM has now been hit by an issue that casts doubt on the legitimacy of the platform. A verified Pi Network community account on X (formerly Twitter) revealed that some of the “overseas used” cars listed on the GPM platform are allegedly stolen vehicles exported to Africa.
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The post was accompanied by a link to Interpol’s stolen vehicle database, raising the possibility of cross-border criminal activity infiltrating the community-based platform. To date, GPM has not issued an official statement regarding the allegations.
In addition, the price of goods on the GPM platform is determined based on a minimum base value, rather than Pi’s Global Consensus Value (GCV), which is still a matter of debate. This system can lead to significant price differences, especially for high-value assets such as vehicles.
Ahead of Hackathon 25, Pi Network is gearing up to deliver a range of new innovations, including integration with Pi DEX, tokenization tools, as well as an expanded multi-tenant architecture.
“We’ve proven that Pi really works. The next step is to connect every local market to the global chain of trust,” said the official announcement quoting co-founder Alhaurin1968.
However, amid growing questions of compliance and transparency, GPMs face an important test. They must prove that real utility in the Pi economy can go hand in hand with regulatory integrity.
The network is at a crossroads. On the one hand, GPM’s rapid growth could be a successful example of decentralized commerce. On the other hand, it could end up as a warning of the dangers of unchecked expansion.
It all depends on how GPM responds to the serious allegations now rocking the Pi community.
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