Pi Network Has The Biggest Online Market Called Pi Chain Mall, Kepoin Here!

Pi Network has the largest online marketplace for buying and selling goods and services. (Photo; Doc. Techridez)

JAKARTA Pi Network, a crypto project that has been developed secretly in recent years, has finally caught the public's attention. Not long ago Pi Network launched the Pi Hackhathon program, without any suspicion the event managed to invite thousands of developers.

In addition, Pi Network apparently has its own e-commerce, namely Pi Chain Mall (PCM). This is one of the largest decentralized applications (DApps) in Pi Network. PCM allows global users to buy, sell, and trade various goods and services using the Pi token as a transaction tool.

The appearance of the Pi Chain Mall itself is almost coincident with the development of the Pi Network from the start. The difference is, this Pi Chain Mall is the first Pi Network Hackhathon winner to be held in October 2021.

In that event, PCM was lined up as the winner of Pi Network Hackathon. PCM was selected as the second best business app at the event, after Pi Workforce Pool, a platform specifically designed for job recruitment.

Pi Chain Mall dapat berkembang sejaih ini sejai ini dari April 2021 hingga sekarang. Kami membangun komunitas bersama. Kami berbagai cerita luar biasa bersama. Kami menunjukkan rasa kasih atas 300 ribu pengikut twitter! tulis pengembang Pi Chain International @pichainmall, pada 7 Desember 2022 lalu.

How Pi Chain Mall Works

Pi Chain Mall works very simply. Users can create profiles, link them to their Pi Wallet, and start buying and selling products. KYC is not fully required to join Pi Chain Mall, at least for now. Even so, when Pi Network launches its mainnet, then all Pi members must verify KYC.

The PCM network is global, with members entering from China to Nigeria. Users trade and engage in business almost every minute of the day, according to PCM payment smart contracts at Pi Blockexplorer.

"Basically, we have transactions on the blockchain every minute. We are also the most active Pi app based on the number of transactions every day," said Edwin, PCM Global Community Manager, quoted by BSC.

"Although we are still in a closed mainnet and most Pioneers haven't got the KYC yet," he added.

For information, Pioneer is a user of the mobile Pi application and also runs the Pi node software in their laptop or computer devices. Pioneers also get Pi coins from their role in validating the network.

Still Development

Because it is being developed in a closed manner, Pi Network cannot be integrated with other networks. Initial users have not been able to convert their Pi coins into fiat money at this time. However, going forward, especially after the launch of the mainnet, Pi Network will be able to connect with other networks that allow users to withdraw their coins.

In this limitation, Pi Chain Mall users have not been able to link it to any financial services, so inevitably Pi Coin will remain in the Pi Network application.

"Currently, PCM users can only sell products to get Pi. But the Pi they get cannot be withdrawn or used to buy other goods. This limits Pi's circulation on our platform," continued Edwin, PCM's Global Community Manager.

Pi Withdrawal Service

Even so, the developer Pi will provide withdrawal or withdrawal services in the near future. That way users can withdraw it from the Pi Network app and send it to their personal wallet. This was conveyed by the PCM Community Manager.

"However, PCM will open a withdrawal next month. And users can withdraw it from the PCM app to their pi mainnet wallet. This will be a meaningful and historic moment for us, where the development of the ecological application pi will enter a new level. And Pi will produce more value because they are circulated better," said Pi Chain Mall.

Pi Chain Mall team maintains good relations with many projects in Pi Ecosystem. This team is also in close contact with members of the Pi Core Team and can enter requests for updates to improve Pi Network's experience as a whole.

Currently Pi Chain Mall can be accessed via mobile and browser. In addition, users can also access it through the Pi Network and Pi Browser applications. For additional information, Pi Network is a blockchain-based mobile mining project. Pi Network has a mission to provide access to the financial system in the form of cryptocurrencies to everyone.