To those who continue to follow and believe the GCV lies, @ZyptoApp has now given you a warning! How many times do you need to be instructed publicly?
https://t.co/774rVeWrJN
Pioneers,
We would like to clarify some things:
1) What valuation are we using for $Pi?
We are not yet accepting any payments in $Pi, but we will soon. When that happens, we will be using the market value, the same as we do with every cryptocurrency.
The $1 reward in ZYPs for helping to test our proof of concept Pi Payment Gateway requires the sending of a tiny fraction of 1 $Pi (at 0.00001 Pi, it's much lower than the gas to send it!) for the test, but this should not be considered a valuation.
2) Zypto Pi KYB
We already submitted our KYB application, but cannot comment on its status.
The page PCT have published is for fully live products or services, but ours is still in proof of concept phase.
Keep your eyes peeled for updates!
To conclude, we're proud to be working with all the Pioneers on this exciting journey towards the inevitable mass adoption of Blockchain-based payments.
We're super excited for what's coming!
Recently, a CEO publicly commented on Pi Network in response to a post made by an unaffiliated individual on social media. While we understand that online discussions can sometimes lead to misunderstandings, we want to take a moment to clarify a few points and ensure accurate information is available.
Here’s what you need to know:
It is our understanding that a local police department in China issued a warning that related to bad actors that were falsely seeking to pass themselves off as being affiliated with Pi Network.
Clarification: Pi Network is not affiliated with, did not authorize, and did not engage in any activity that is related to the police warning, and Pi Network has not been contacted by any police department in China regarding this incident. Pi strongly condemns any alleged activities by any bad actor.
There is no relationship between Pi Network and ByBit or Ben Zhou, and Pi Network has not been asked to KYB ByBit as of this date.
Pi Network is a legitimate platform. This has been demonstrated over its six year track record and more than 60 million engaged users. The deliberate and methodical pace of the project was done to seek to ensure the project was successful, developed fully before launch, and to make sure the community was well established to mitigate challenges that other launches face - including those perpetrated by unaffiliated bad actors. Unfortunately, like any business with millions of users, we cannot prevent the acts of each and every unaffiliated bad actor.
Neither Pi Network, nor anyone affiliated with Pi Network, are associated with the social media account which attacked Mr. Zhou. Pi condemns the impersonators that made those comments. Neither Pi Network, nor anyone affiliated with Pi Network, has ever commented about ByBit or Mr. Zhou, whether on social media or otherwise. To that end, other than the comments mentioned in this post, Pi Network – despite the comments made about Pi – still has no comment and retains its position to make no comment regarding ByBit, Mr. Zhou, or their business.
Please see our general statement emphasizing trusted sources of information about Pi and addressing unauthorized and unaffiliated activities here. https://t.co/htljGQxdX8