JUST IN : karaoke places in Taiwan start accepting payment by pi coin - hokanews
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JUST IN : karaoke places in Taiwan start accepting payment by pi coin - hokanews
hokanews.com - Pi Network is a cryptocurrency project designed to give everyone the opportunity to get involved in the development of the blockchain network and get rewarded in the form of Pi coin. The name "Pi" is taken from the anniversary of mathematics known as "Pi Day" on March 14th. The Pi network is now entering its 4th year, as pioneers know, together with the pi network, it was published to the public around 2019.
The Pi Network is very different from other cryptocurrencies such as Bitcoin in that it does not require special hardware or high computing power to mine or validate transactions. Instead, Pi Network uses a new consensus protocol called "Proof of Authenticity" which allows users to validate transactions using only their smartphone, and only requires internet when logging in to the pi network application.
Even now, everyone can still get pi coins for free. Every Pi Network user will get a free Pi coin reward as a reward for their contribution in validating transactions on the blockchain network. Pi coin can be used as a means of payment within the Pi Network ecosystem or exchanged for other cryptocurrency or cash. But that will happen when the Pi network is open mainnet.
Currently the pi network itself has entered the initial mainnet stage or what can be called a closed mainnet on the pi network. At this early stage, the pi network can only make transactions among pioneers, or even in marketplaces that support payments with pi coins.
The marketplace that supports pi coin itself is currently growing quite a lot, this is what CoreTeam itself hopes for, an ecosystem pi network that supports payments with pi coin in almost every country has been formed, to make it easier for pioneers to make transactions in their own country,
Not only from online marketplaces that are ready to run the pi network ecosystem, nowadays there are quite a stir about the offline marketplaces which not a few also support payments with pi coins, both from marketplaces that provide services, not a few marketplaces that are ready to release their sales goods with pi coins .
Currently, in almost all countries where there are pioneers, various marketplaces are starting to appear that are ready to accept payments with pi coins. From the price of pi coins that they are ready to accept, there are various types, some are ready to accept payments at a price of $314,159 GCV, some are below the higher price. approved by the pi coin community,
It depends on the vendor and the buyer who determines the price for the picoin that the vendor is ready to accept.
As recently as in Taiwan, there is a karaoke shop that is ready to accept payments with pi coins, this was revealed from one of the posts shared via the pi network community's Twitter account.
hokanews.com monitoring from one of the posts shared by the pi network community account on Twitter, it is clear that the karaoke shop mentioned by the account is ready to serve pioneers and accept payments with pi coins.
Posts published by the pi network community account like this:
A karaoke shop in #Taiwan🇹🇼 that supports #Picoin payment.🌏
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| Twitter image source |
However, from the post shared by the pi network community account, it did not provide clear information, did not write where it was, and at what price the karaoke shop supported by paying pi coin.
From the picture shared by the pi network community account, it is clear that the pi network logo is affixed to the glass door of the karaoke shop.
What do all the pioneers think, do you want to enjoy this warm moment, you only need a pi coin to enter the karaoke shop, it's pretty cool, yes, pioneers are getting more and more ready to accept and acknowledge the pi coin as a legal means of payment.
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