PiFest, the much-anticipated global event celebrating Pi commerce, recently concluded with resounding success. This success was not only a result of the active participation of the global community, but also a testament to the hard work put in by local merchants. In this blog post, we’ll delve into the key highlights of PiFest, showcasing the global reach, community engagement, and promising future for Pi commerce.
Global Participation PiFest transcended borders, with participation recorded in 155 countries and regions around the world. The event’s global scale reflected the universality of Pi commerce and its potential to connect businesses and consumers on a truly international level. While there was widespread global participation with six continents represented, there was one region that had the most submissions to the PiFest survey: Indonesia! Congratulations to Indonesia and all of the dedicated local businesses and Pioneers who came together for PiFest.
Community Engagement One of the pillars of PiFest’s success was the enthusiastic response from the community. Over 21,000 responses were collected through a survey that asked Pioneers to share images captured at local businesses participating in PiFest. This extensive participation not only showcased the community’s support but also provided valuable insights into the event’s impact and level of integration of Pi into local commerce.
announcement 130Today is the last full day to visit local businesses in your area that integrate Pi, snap and post pictures, and submit your posts to the Home Screen as part of the PiFest.
on the screen -
PiFest has been live for two days, and we have already seen incredible global participation! Pioneers from 130 countries and regions have submitted their local Pi-powered stores to our survey. Have you visited your local Pi merchants yet? You only have until December 11 to participate in the event, so tap “PiFest Event” for instructions, and “Survey” to submit links to your visits to the local Pi shops.
Thanks to the creative contributions of Pi’s community members from all around the world, with over 25,000 submissions, PiFest has been selected as the official moniker for the upcoming Pi-Powered Commerce Event. This event will feature local businesses and merchants that integrate Pi from around the globe, and marks a significant step in demonstrating the utility and strength of Pi Network.
In a move aligned with Honda's decision, FCF Pay, a leading digital payment provider, is also prepared to accept Pi Coin as payment for their products, including Honda products. This is a crucial point as it indicates that it's not just Honda making a solitary decision but rather a trend toward broader cryptocurrency acceptance in businesses.
FCF Pay has been supportive of cryptocurrency developments for some time. Their decision to accept Pi Coin aligns with their vision of facilitating easy, secure, and efficient digital payments. It also presents a significant opportunity for Pi Coin holders to start using their cryptocurrency in everyday life, from buying meals to brand-new cars.
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Pi Network and the Mission Towards Inclusive Digital Money
With the rapid development of blockchain technology and cryptocurrencies, the vision of creating a more inclusive and user-friendly payment system has become increasingly tangible. Pi Network stands at the forefront of this revolution. With over 20 million users worldwide, Pi Network is one of the largest cryptocurrency projects still in its testing phase.
Pi Network's mission is to establish a cryptocurrency ecosystem accessible to everyone, even those without deep technical knowledge of cryptocurrencies. They have built a robust community and are committed to providing a user-friendly payment solution that can be embraced by all.
Cryptocurrency Enters the Automotive World
Honda's decision to accept cryptocurrency payments is a significant step toward merging the automotive industry with this new technology. For years, the automotive industry has experienced slow progress in terms of payment and transactions. However, now Honda boldly leads the way in bringing cryptocurrency into their showrooms.
By allowing customers to pay with cryptocurrency, Honda opens up a world of possibilities. Now, you can purchase your dream Honda car with Bitcoin, Ethereum, or even Pi Coin. This is an exciting development, especially considering the volatility often associated with cryptocurrencies.
Pioneers and merchants: Use the 'Share' button in your Fireside Forum post to directly share your #PiFest content on social media! More about PiFest on the Home Screen.
Announcing PiFest: A Pi-Powered Commerce Event
Thanks to the creative contributions of Pi’s community members from all around the world, with over 25,000 submissions, PiFest has been selected as the official moniker for the upcoming Pi-Powered Commerce Event. This event will feature local businesses and merchants that integrate Pi from around the globe, and marks a significant step in demonstrating the utility and strength of Pi Network.
PiFest’s Core Objective: The primary purpose of PiFest is to boost the utility of Pi and demonstrate the power of the Pi community through local commerce. First, this program aims to empower local businesses and merchants who have integrated Pi into their operations, enabling them to connect with the vast community of Pioneers––all while encouraging further adoption with a strong and practical showcase of the technology. Second, this program can help Pioneers to discover and engage with local businesses in their regions that accept or incorporate Pi, thereby highlighting the practical applications of Pi in everyday commerce.
Thanks to the creative contributions of Pi’s community members from all around the world, with over 25,000 submissions, PiFest has been selected as the official moniker for the upcoming Pi-Powered Commerce Event. This event will feature local businesses and merchants that integrate Pi from around the globe, and marks a significant step in demonstrating the utility and strength of Pi Network.
Thanks to the creative contributions of Pi’s community members from all around the world, with over 25,000 submissions, PiFest has been selected as the official moniker for the upcoming Pi-Powered Commerce Event. This event will feature local businesses and merchants that integrate Pi from around the globe, and marks a significant step in demonstrating the utility and strength of Pi Network.
PiFest’s Core Objective: The primary purpose of PiFest is to boost the utility of Pi and demonstrate the power of the Pi community through local commerce. First, this program aims to empower local businesses and merchants who have integrated Pi into their operations, enabling them to connect with the vast community of Pioneers––all while encouraging further adoption with a strong and practical showcase of the technology. Second, this program can help Pioneers to discover and engage with local businesses in their regions that accept or incorporate Pi, thereby highlighting the practical applications of Pi in everyday commerce.
This event has also been designed with your feedback in mind. Over 80,000 Pioneers submitted feedback within a 24-hour window to our Pi Commerce Survey. Among other insights, Pioneers expressed a desire to make direct peer-to-peer transactions, and voiced requests for new features to assist in those transactions. With the introduction of the Pi QR code feature, Pioneers and Merchants can make simple and safe peer-to-peer transactions. The community also reported that discoverability of local businesses that accept Pi was a challenge. This event is a first step at improving local discoverability, and connecting Pioneers in their local communities.
Taken together, this event is designed to kickstart Pi Commerce and create an iterative blueprint for the future of Pi and the intersection of Web3 and commerce.
Utility building is a key goal of the Enclosed Mainnet phase of the network, and Pioneers and Merchants alike will come together during this event to contribute to this effort.
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