Piin is a Bitcoin inscriptions project created by members of the Chinese Pi community. The full name of piin is pi inscriptions.

You can also think of it as a memecoin launched by Pi pioneers in China, with the aim of accelerating the Pi Network’s mainnet launch and empowering more people to access KYC. Additionally, it serves as a grassroots social experiment for the general public.

Currently, the piin community has over 36,000 pioneers, the majority of whom are Chinese Pi pioneers. They are eager to share their stories about Pi Network and piin, but since many Chinese Pi pioneers don’t speak English, our hosts and speakers will be sharing these stories on their behalf, representing both Chinese Pi pioneers and piin holders.

Pioneers and Piin holders share

In this rapidly evolving digital age, the world of cryptocurrency is like an uncharted ocean, full of opportunities and risks. This is the true story of a member of the piin community, recounting how he navigated these turbulent waters, experiencing loss and setbacks before finally finding his own path.

In June 2019, I left the direct sales industry and was introduced to the world of cryptocurrency by a so-called "expert." This new realm felt like an undiscovered continent, filling me with excitement as wealth seemed within reach. However, reality can be cruel. In just over six months, I lost more than 300,000 yuan (approximately $46,000).

Back then, my mind was filled with fantasies of "getting rich overnight." I reveled in the joy of rising prices without truly understanding the nature of Bitcoin or the importance of blockchain technology. I bought Bitcoin and participated in so-called "interest-earning" schemes, staking Bitcoin on platforms in exchange for their tokens. Blinded by high interest rates and the frenzy of a bull market, I dreamed these tokens would surpass Bitcoin. Looking back, I was like a person dancing on the edge of a cliff with closed eyes, always at risk of falling into the abyss.

By the end of 2019, the unexpected COVID-19 pandemic completely disrupted my life and pushed me to my lowest point. During this difficult period, I began to deeply reflect on my decision-making abilities and judgment criteria. Despite the painful losses, I still believed that blockchain technology held immense potential. This time, however, I decided to truly understand it rather than blindly follow others.

Hungry for knowledge, I found a tech company and began learning about IPFS and Filecoin. This learning experience became my turning point. Through in-depth study, I gained a comprehensive understanding of blockchain technology. This progress wasn't just technical; it was a transformation in my way of thinking.

From late 2020 to the first half of 2021, the cryptocurrency market experienced a wild bull run. Thanks to my previous learning and preparation, I seized this opportunity and made millions. At the time, I felt as if I had become wealthy overnight. However, I later realized that these gains were more a result of the market's favorable conditions during that special period rather than my investment skills.

During this bull market, I witnessed many jaw-dropping stories. Some people invested millions in mining machines, only to lose almost everything. Others invested a few hundred dollars in so-called "meme coins" and unexpectedly made tens of millions. These extreme examples made me realize that in this market, simply chasing trends is far from enough. Without continuous learning and growth, one will inevitably become a target for others to profit from.

Although I achieved some success in this bull market, looking back, I still missed many opportunities. This was mainly because my understanding of cryptocurrency financial investment was still severely lacking. It wasn't until I joined a book club organized by a crypto veteran that I truly realized the gaps in my knowledge.

During the subsequent two-year bear market, I began systematically studying and filling in these gaps. However, the accumulation of knowledge doesn't immediately translate into wealth growth. I watched helplessly as the assets in my wallet significantly shrank. This painful experience only strengthened my determination to learn more.

In 2023, after failing in other investments, I still firmly believed that the cryptocurrency market offered the best opportunity for ordinary people to change their fortunes. Through a friend's introduction, I came across the piin project and its club in Xi'an, China. At the time, the concept of "inscriptions" was trending, and piin, short for pi inscriptions, was an innovative project based on this technology.

Upon learning that Piin was a project driven by the Pi Network community, I was immediately intrigued. As a "Pi miner" myself, with many friends doing the same, I recognized the immense potential flow and influence of an innovative project based on an existing community.

After thorough research, I not only invested in multiple piin tokens but also actively participated in various piin community activities. I became one of the main promoters of offline salon events, witnessing firsthand the growth and progress of the piin project. Within the community, I became one of the most widely-traveled volunteers, actively participating in outreach efforts.

This experience has been invaluable to me. Although there may not be immediate economic returns in the short term, I believe this is the most precious experience in my journey of learning and growing in the cryptocurrency field. Through community involvement, my understanding has significantly improved and been put to the test.

Today, my main assets are in piin. I deeply believe in the potential of the piin project and even more in the power of community. In the crypto world, consensus is the core value, and projects that can trigger phenomenal influences are the real "wealth codes."

Each of us participants is the protagonist of this exciting story. Through various social platforms, we spread the culture, spirit, and beliefs of the piin community to everyone seeking opportunity. I firmly believe that in this new market cycle, we will ultimately succeed because of piin.

This journey has taught me that in the world of cryptocurrency, passion alone is far from enough. True success requires continuous learning, deep thinking, and unwavering belief. Most importantly, it requires finding a project and community that you can identify with and fully commit to. For me, piin is exactly that.

In this digital world full of unknowns and opportunities, each of us is writing our own story. And my story with piin is just beginning.