PiFest 2024 was held from October 29 to November 5 under the auspices of Pi Network, with the aim of promoting the use of Pi cryptocurrency in real-world transactions. The event brought together users known as “Pioneers” and local business owners to promote the adoption of cryptocurrency in everyday life.

Participation mechanism in B Fest 2024

1. Discover local stores:

The event was based on the Map of Pi app, which allows users to explore local stores that accept Pi. Merchants can register their stores via the app, adding details about their products and offers, making them easily accessible.

2. Conducting transactions:

During the event, visitors visited participating stores and made transactions using QR codes in the Pi digital wallet. These transactions were processed over the Pi Mainnet, adding a layer of security and transparency.

3. Sharing experiences:

PiFest encouraged participants to share their experiences on social media and the Fireside Forum channel using the hashtag #PiFest. Activities included challenges such as taking photos inside stores or visiting multiple locations and sharing inspiring stories about how they used Pi.

Event objectives and impact

The main objective of the event was to highlight the practical benefits of Pi and build community confidence in its use as a daily payment method. In addition, the event aimed to support local merchants and encourage them to integrate cryptocurrencies into their business operations, which will enhance the spread of cryptocurrency beyond the virtual realm.

Feedback and future prospects

The event was widely welcomed by Pi Network users, with some seeing it as an important step towards promoting the practical use of the currency. However, questions remain about when the currency’s open network will launch, which millions of pioneers are eagerly awaiting.

You can find out more about the event and its details on the official Pi Network blog or watch the PiFest 2024 recap on YouTube.

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