Pi Network has officially launched PiFest 2025, a global initiative aimed at increasing the use of PI Coin in the real world. PiFest will take place from March 14-21 and will bring together Pi Network users, known as Pioneers, with merchants who accept PI as a payment method.
The event was announced on Pi Day (March 14), an annual celebration of the mathematical constant π (3.14159). This year’s Pi Day is an important milestone for the global expansion of Pi Network’s Open Network.
Pi Network Launches PiFest 2025
Pi Network wants to use PiFest to promote local businesses and show how PI can be used for real-world transactions. Merchants began registering for the event on March 12, and now pioneers can purchase goods and services with PI from participating businesses.
Happy Pi Day 2025, Pi Network’s 6th official anniversary! With Open Network now launched, celebrate the expansion of Pi Network’s ecosystem on all levels and real-world functionality. Multiple releases today include a new .pi Domains Auction that facilitates an important… pic.twitter.com/Xfyaw1CFvl
— Pi Network (@PiCoreTeam) March 15, 2025
“Pi is celebrating with the first ever Open Network PiFest to connect Pioneers with local merchants! With the full support of Open Network connectivity, PiFest is here to put the spotlight on local commerce utilities and showcase Pi’s real-world use around the globe,” Pi Network announced.
Last year’s PiFest 2024 was a success with 55,000 participating retailers from over 160 countries and nearly 1 million Pioneer shoppers making transactions. Pi Network aims to build on this momentum and expand global adoption in 2025.
However, legal uncertainties remain a challenge. Pi Network has warned users that they cannot participate in PiFest if crypto transactions are illegal in their country. This highlights the legal gray areas surrounding PI and cryptocurrencies in general.
Pi Network Expands Features for Pioneers
In parallel to PiFest 2025, Pi Network has introduced a new phone number update feature for KYC verified users. This allows verified pioneers to update outdated or incorrect phone numbers to maintain access to their accounts and verification codes.
However, Pi Network strictly prohibits the transfer of accounts. It warns that users who attempt to sell or transfer their verified accounts will face permanent restrictions from the ecosystem.
“This feature should not be exploited for account transfers or sales. Pi has a strict policy of ‘one person, one account’ If you intentionally transfer your KYC account, you will not be able to participate in the Pi ecosystem in the future,” Pi Network said.
The .pi Domains Auction: A New Platform Utility
To further expand its ecosystem, Pi Network has also launched the .pi Domains Auction, which allows users to purchase custom pi-based domain names. These domains can be used for businesses, apps and online stores and provide a Web3 alternative for Pi-based services.
Unlike traditional internet domains, .pi domains are based on blockchain technology and can only be purchased with PI. The auction process is transparent and secure and helps to strengthen the role of PI as a functional cryptocurrency.
Will Binance List PI?
One of the biggest questions surrounding Pi Network is whether Binance will take PI public. The world’s largest crypto exchange conducted a community vote in which 86% of participants voted in favor of listing PI. To date, however, PI has not yet been listed on Binance, fueling speculation about its future trading potential.
PI is currently available on exchanges such as Bitget, OKX, MEXC and Gate.io. A listing on Binance could significantly increase the price and adoption of PI, but there is no official confirmation yet.
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- Pi Network Migration Deadline Approaches: Users Face Challenges
- Pi Network Binance Listing: Speculation Grows as Community Awaits Confirmation
Pi Network’s Journey
Pi Network was founded by Stanford graduates with the vision of making cryptocurrencies accessible to normal users. Since the launch of the test network in 2020, the project has grown into a global community of over 60 million pioneers.
The launch of the Open Network has enabled PI to be traded on exchanges, but the project has faced delays and regulatory challenges. The KYC verification process and deadlines for migration to mainnet have been extended several times, leaving users frustrated as to when Pi will be fully open and tradable without restrictions.
Despite the uncertainty, Pi Network continues to build out its ecosystem and focus on real-world adoption through events like PiFest 2025 and new features like .pi domains. It remains to be seen whether Pi Network will reach mass adoption or overcome further hurdles.
(Disclaimer: This article is for informational purposes only and should not be considered investment advice. Investors are advised to consult financial experts before making investment decisions.)
