{"id":20187,"date":"2025-04-02T11:02:37","date_gmt":"2025-04-02T11:02:37","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=20187"},"modified":"2025-04-02T11:02:37","modified_gmt":"2025-04-02T11:02:37","slug":"historic-pifest-heres-what-happened-at-pi-networks-first-major-event","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=20187","title":{"rendered":"\u2018Historic\u2019 PiFest: Here\u2019s What Happened at Pi Network\u2019s First Major Event"},"content":{"rendered":"<div>\n<p><strong>TL;DR<\/strong><\/p>\n<ul>\n<li>The team behind the project recently summarized the first-ever PiFest, which saw \u2018massive\u2019 participation.<\/li>\n<li>Nevertheless, PI\u2019s token continues to bleed out, dropping below $0.7 earlier today.<\/li>\n<\/ul>\n<p><a href=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2024\/11\/PiNetwork_CB-15.jpg\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-372613\" src=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2024\/11\/PiNetwork_CB-15.jpg\" alt=\"\" width=\"1201\" height=\"720\" srcset=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2024\/11\/PiNetwork_CB-15.jpg 1201w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2024\/11\/PiNetwork_CB-15-300x180.jpg 300w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2024\/11\/PiNetwork_CB-15-1024x614.jpg 1024w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2024\/11\/PiNetwork_CB-15-768x460.jpg 768w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2024\/11\/PiNetwork_CB-15-50x30.jpg 50w\" sizes=\"auto, (max-width: 1201px) 100vw, 1201px\"><\/a><\/p>\n<h2>First PiFest<\/h2>\n<p>Despite the controversy surrounding the project, its community continues to grow stronger \u2013 a narrative that received further validation after the conclusion of the first PiFest gathering organized by the team. The <a href=\"https:\/\/minepi.com\/blog\/open-network-pifest-recap\/\" data-wpel-link=\"external\" target=\"_blank\">blog post<\/a>, published yesterday, depicted the events that transpired between March 14 (dubbed Pi Day due to the resemblance with the number \u03c0) and March 21.<\/p>\n<blockquote>\n<p>\u201cPiFest 2025 marked the first global commerce event fully supported by Open Network external connectivity, setting a new standard for real-world Pi utility at scale,\u201d reads the post.<\/p>\n<\/blockquote>\n<p>The team said PiFest brought together Pioneers and local merchants, who are now able to utilize the Open Network that saw the light of day in February to \u201cexpand the adoption of digital transactions in local commerce via the Pi Mainnet blockchain.\u201d<\/p>\n<p>The project highlighted the growing adoption due to the substantial number of registered sellers in the event\u2014125,000 in total, including 58,000 active ones. Additionally, the post reads that more than 1.8 million Pioneers have used Map of Pi, and the number of reviews submitted by them has grown to over 45,000.<\/p>\n<blockquote>\n<p>\u201cPioneers engaged in real-world transactions ranging from everyday essentials to professional services, reflecting Pi\u2019s expanding reach and practical use. The event showcased participation from diverse business types, including a cozy cafe, a fashion boutique, an auto shop, a freelance designer, etc \u2013 each utilizing Pi Wallets for payments and embracing Pi as a payment method.\u201d<\/p>\n<\/blockquote>\n<p>The post described PiFest as an event exemplifying and demonstrating Pi\u2019s real-world utility. With the Open Network now live, \u201cPiFest can show Pi can support genuine commerce and empower local economies worldwide.\u201d<\/p>\n<h2>PI Keeps Bleeding<\/h2>\n<p>Despite the aforementioned big event as well as other <a href=\"https:\/\/cryptopotato.com\/pi-network-news-today-march-30th\/\" data-wpel-link=\"internal\">positive developments<\/a> within the Pi ecosystem, the project\u2019s native token continues with its violent <a href=\"https:\/\/cryptopotato.com\/pi-networks-pi-hits-monthly-low-breakdown-or-breakout-coming\/\" data-wpel-link=\"internal\">downfall<\/a>.<\/p>\n<p>PI has slumped by 6% in the past 24 hours and has dumped below the $0.7 support. Its price has lost almost 78% of its value since the all-time high registered on February 26. What\u2019s even more <a href=\"https:\/\/cryptopotato.com\/why-is-pi-networks-pi-falling-while-the-entire-market-rallies\/\" data-wpel-link=\"internal\">worrying<\/a> is the fact that most of the other crypto assets have marked gains over the past few days or at least have remained at the same levels as before, while PI has dropped by 18% on a weekly scale.<\/p>\n<figure id=\"attachment_390408\" aria-describedby=\"caption-attachment-390408\" style=\"width: 1276px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/04\/Screenshot-2025-04-02-135503.png\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-390408\" src=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/04\/Screenshot-2025-04-02-135503.png\" alt=\"PI Token Price. Source: CoinGecko\" width=\"1276\" height=\"684\" srcset=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/04\/Screenshot-2025-04-02-135503.png 1276w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/04\/Screenshot-2025-04-02-135503-300x161.png 300w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/04\/Screenshot-2025-04-02-135503-1024x549.png 1024w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/04\/Screenshot-2025-04-02-135503-768x412.png 768w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/04\/Screenshot-2025-04-02-135503-50x27.png 50w\" sizes=\"auto, (max-width: 1276px) 100vw, 1276px\"><\/a><figcaption id=\"caption-attachment-390408\" class=\"wp-caption-text\">PI Token Price. Source: CoinGecko<\/figcaption><\/figure>\n<p>The post <a href=\"https:\/\/cryptopotato.com\/historic-pifest-heres-what-happened-at-pi-networks-first-major-event\/\" rel=\"nofollow\">\u2018Historic\u2019 PiFest: Here\u2019s What Happened at Pi Network\u2019s First Major Event<\/a> appeared first on <a href=\"https:\/\/cryptopotato.com\/\" rel=\"nofollow\">CryptoPotato<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>TL;DR The team behind the project recently summarized the first-ever PiFest, which saw \u2018massive\u2019 participation. Nevertheless, PI\u2019s token continues to bleed out, dropping below $0.7 earlier today. First PiFest Despite the controversy surrounding the project, its community continues to grow stronger \u2013 a narrative that received further validation after the conclusion of the first PiFest [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-20187","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/20187","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=20187"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/20187\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=20187"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=20187"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=20187"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}