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jg mean nek orb pi kroy😛

38,450 Aufrufe • vor 1 Monat •via X (Twitter)

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Larissa Silva

360,967 Aufrufe • vor 21 Tagen

Announcing the 2025 Hackathon & GCV Update Happy Saturday, Global Pioneers and Global GCV Ambassadors! This is Doris Yin from Toronto, Canada. How are you doing? I hope everything is going well. Today, I want to share the Core Team announcement about the 2025 Hackathon. The prizes are: First prize: 75,000 Pi Second prize: 45,000 Pi Third prize: 15,000 Pi I know some of you may feel discouraged about GCV because CT uses exchange price for prize. , but there’s no need to worry. Let me explain why. This does not mean GCV has failed, nor does it mean the Core Team supports a low Pi value. As I mentioned before, we have two methods, two paths to strengthen GCV. The first path is offline GCV. This is very important. We still need to implement partial Pi payments at GCV offline, and more merchants are joining in. They appreciate it because it helps local businesses grow. This is already happening in countries like China, Vietnam, the Philippines, Indonesia, Malaysia, Thailand, and India. We can also observe more GCV data being recorded on the blockchain, which is essential to OM fix Pi value. Instead of the Pi value coming from the exchange market, it comes from the community-driven process. You can see this reflected in the blockchain records. Our social media, groups, communities, and education efforts help pioneers recognize and acknowledge the Pi value and GCV. However, we also need online utilities and DApps. This will increase actual usage of Pi after the Open Mainnet. So we have two parts: 1. Value confirmation: We must continue building and creating more GCV data. 2. DApps and utilities usage: We need higher-quality DApps widely usage to guarantee and protect GCV. Currently, DApps are limited and mostly from pioneers, not professionals. We need good-quality DApps. If the Core Team were to simply give a prize of one Pi, it wouldn’t motivate developers—especially top developers inside and outside the community. To truly motivate them, we must use the exchange market price to attract the highest-level developers. For example, the first prize of 75,000 Pi is roughly 20,000–30,000 USD. That’s a meaningful incentive now, and in the future, it could be even higher. Developers can also see the future value of Pi, not just the current 30 cents, which encourages high-quality development. As we develop more, it supports the full realization of GCV. Offline partial Pi payments, partial fiat payments, and industrial alliances in different countries attract more participants. Online, using exchange market price to increase demand and reduce Pi selling pressure, helping to keep the price steadily increasing. When pioneers spend Pi on items, it reduces the circulating supply, creating scarcity, which is positive for the Pi Network and GCV. Some anti-GCV voices laugh and say “GCV has failed,” but they laughed too early because the CT strategy is helping GCV. Even these early critics help GCV by increasing awareness and adoption. I will also write articles to explain this further for everyone. Regarding the Core Team: it wouldn’t make sense for them to target only 30 cents. Their goal is GCV because any project owner wants their product or service to be meaningful and valuable. A higher Pi value is good for the ecosystem. GCV can support the Pi Network long-term, possibly 100 years or even 1,000 years. We don’t have hundreds of billions of Pi in circulation—currently, only about 2 billion exist. When fully released, it will take time, and the value will continue to grow. I hope everyone understands. Happy Saturday! Enjoy your day, keep working, and help the community. I also hope our GCV Ambassadors actively participate in the 2025 Hackathon. Thank you, and goodbye for now! Doris Yin 🪷 🪷🪷 Founder, Global GCV Movement August 16th, 2025

Doris Yin 东方紫莲🪷

28,870 Aufrufe • vor 1 Jahr