PiFest 2025, held from March 14 to 21, was a significant event for the Pi Network, demonstrating the growing role of cryptocurrency in local commerce and achieving a new record of user engagement.
Overall Highlights of PiFest 2025
The inaugural PiFest gathered over 125,000 registered sellers and 1.8 million users, reflecting the increasing popularity of the platform. The event marked the transition of the Pi Network from a closed ecosystem to an open platform supporting real economic activities.
Merchant Participation and Activity
Out of the 125,000 registered sellers, 58,000 participated actively in the event. The Map of Pi allowed more than 1.8 million users to discover and transact with local businesses, showcasing a wide range of Pi use cases across various sectors.
Future Prospects and Impact on DeFi
The success of PiFest 2025 underscores the potential of the Pi Network to shape a decentralized economy. The Open Network provides new opportunities for interaction between users and merchants, fostering sustainable local commerce and integrating cryptocurrency into everyday transactions.
PiFest 2025 marked an important step towards integrating the Pi cryptocurrency into the real economy, demonstrating its capabilities and readiness for widespread use in local commerce.