Pi Network has announced the event of Pifest 2025 to expand real uses in the crypto currency world. This event, which will be held between 14-21 March, aims to accelerate the adoption of Pi Coin in the commercial area. Pi owners will be able to directly interact with businesses who accept payment with Pi during this time.
Pifest 2025 emphasizes the real use of crypto currency
Pifest 2025 aims to increase Pi Coin’s practical use by bringing Pi users together with local businesses. The event, which has attracted great attention in the past years, will test the commercial potential of crypto money with the participation of more businesses this year. Many sectors, from small businesses to large service providers, will be able to receive payment with Pi Coin.
Businesses who want to participate in the event can register as of March 12th. The transactions will officially start on March 14th and will continue until March 21st. However, Pi Network emphasizes that regulations should be followed. Users in countries where crypto money transactions are forbidden will not be able to participate in the event.
Past success and great expectations for 2025
Pifest 2024 has achieved great success with the participation of 55,000 enterprises from more than 160 countries around the world. Almost 1 million users have proved the success of the event by shopping with Pi Coin. This year, Pi Coin’s adoption rate is expected to increase significantly with more businesses and users.
According to CoinMarketcap data, the Pi Network community experienced great excitement after the pifest announcement. On Pi Day, Pi Coin became one of the crypto currencies with the highest rise expectation. The event can strengthen the position of Pi Network in the crypto currency world.
Discussions for KYC update and Pi Network side
Pi Network has announced an important update in the Pifest 2025 as well as the KYC system. Now confirmed users will be able to change their phone numbers to manage their accounts safely. However, if this feature is used for account transfers, users will be permanently banned from the platform.
Pi Network was the focus of some criticisms along with the developments. Bybit CEO Ben Zhou and Moonrock Capital CEO Simon Dedic, accused Pi Network of speculation. The Pi Coin price is currently at the level of $ 1.57 and has lost 9 %in the last 24 hours. However, Pifest 2025 is thought to affect Pi Coin’s future price movements.
