Five More Noteworthy Projects Building in the Pi Hackathon
Exploring five unique protocols looking to build on Pi Network.
Top Prospective Protocols on Pi Network
The Pi Network hackathon is still ongoing. With over 3900 registered participants, the mobile mining Decentralized Finance (DeFi) platform has attracted top project teams and developers with innovative ideas.
The hackathon launched on January 9th, features project teams and developers who want to build their Decentralized Applications (dApps) on Pi Network across three themes: Social Media, Games & Entertainment, and Consumer Utilities.
Pi Network’s hackathon has given rise to top innovations across the three themes. Previously, we have discussed five unique prospective protocols on Pi Network with huge potential. Today, we will explore five more exciting projects looking to build on the network.
Pi Silk Road
- Pi silk road is a third-party e-commerce and multifunctional utility platform.
- The protocol wants to create a store that delivers quality goods and services to Pioneers.
- The protocol aims to create a utility application for users to use the Pi coin to exchange goods and services.
You can learn more about the project through their website. Open the Pi browser application and visit pisilkroad.com.
PiAuction Platform
- As the name implies, the protocol will auction goods online.
- The protocol aims to offer Pioneers a secure web auction on the Pi blockchain.
- The website will feature real-time bidding, user registration and authentication, approval of bids, dispute resolution, feedback mechanism for buyers and sellers and more.
Visit the Brainstorm portal in your Pi browser and search for PiAuction to learn about the protocol.
PiApp.Link
- PiApp.Link will be the go-to app store on the Pi network.
- The protocol ensures that developer products are known and available to the Pi ecosystem.
- Everyone will be able to evaluate and rate the apps on the store so that new users can see the popularity of the apps more directly.
PiApp.Link is accessible with the same domain name on Pi Browser.
The Piperks
- The PiPerks is a rewards program for small businesses, allowing customers to earn Pi coins for making purchases or referring friends to participating businesses.
- The program aims to help small businesses attract new customers while they receive rewards.
- The implementation plan for the project includes developing and launching the platform, onboarding small businesses as partners, and regularly updating and maintaining the app for users.
Check out The Piperks on Brainstorm through the Pi Browser.
Watugot
- Watugot will provide Pioneers with an online store and service directory based on location.
- Users can see offers and discounts based on location, categories, and keywords.
- It will be a marketplace for retail stores to compete against each other with exciting offers & discounts.
You can visit the application watugot.org with the Pi Browser.
What is Pi Network:
Pi Network is a novel cryptocurrency and developer platform that allows mobile users to mine Pi coins without draining the device’s battery. Pi’s blockchain secures economic transactions via a mobile meritocracy system and a full Web3 experience where community developers can build decentralized applications (dApps) for millions of users.
Where to find Pi Network:
This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $1500. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $2500. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
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Related News
Nigerian Court Orders Binance to Share Information of All Nigerian Users
This directive follows the Nigeria's pursuit of data on Binance's top 100 users in Nigeria and their transaction history.
A Nigerian court recently ruled that cryptocurrency exchange Binance must provide detailed information related to Nigerian traders to Nigeria's Economic and Financial Crimes Commission (EFCC).
The interim order issued by Justice Emeka Nwite from the Abuja Division of the Federal High Court follows a motion filed by the EFCC’s lawyer, Ekele Iheanacho.
“The applicant’s application dated and filed on February 29, 2024, is hereby granted as prayed. That an order of this honorable court is hereby made directing the operators of Binance to provide the commission with comprehensive data/information relating to all persons from Nigeria trading on its platform,” The court order stated.
Nigeria's premier financial crimes investigation agency, the EFCC, is actively investigating Binance's Nigerian user base. Previously, the agency had requested information on the top 100 users in the country along with their transaction history spanning the preceding six months.
Nigeria’s Concerns and Allegations
Nigeria’s scrutiny of the crypto industry stems from concerns over the purported facilitation of illegal capital outflows, a phenomenon believed to have contributed to the devaluation of the Nigerian naira against the dollar. For its alleged role in enabling significant capital movements, the Nigerian authorities have focused on Binance in particular.
Reports suggest that Nigerian authorities have demanded $10 billion in penalties from Binance for its involvement in handling approximately $26 billion of untraceable funds. Moreover, two senior Binance executives were detained by Nigerian authorities following their invitation to the country for discussions on the matter. Their court hearing is scheduled for Wednesday, according to Reuters.
While Binance’s privacy terms stipulate the possibility of sharing user data with authorities for legal and regulatory compliance, the exchange’s stance on adhering to the Nigerian court’s directives remains uncertain.
This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $1500. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $2500. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
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