๐ The Truth About Pi Network: The Purity Badge โ & GCV Value
As of today, even with 10 billion Pi coins potentially in circulation, fewer than 1 million are eligible to function at the Global Consensus Value (GCV). Why? Because most Pi coins have been moved to crypto exchanges, resulting in a permanent loss of the Purity Badge โ .
๐ Dr. Nicolas Kokkalis once emphasized:
"Every Pi is scarce and valuable. Those who persevere until the end will achieve great things in life!"
๐ Dr. Chengdiao Fan also noted:
"10 Pi is enough for a generation. Pi is non-conformist!"
๐ As we approach the Global Open Mainnet Launch, key developments include:
๐ป Reduced gas fees
๐งฌ Contract address on the Pi Blockchain Network
๐ฅ๏ธ Activation of 300+ computer nodes
๐ Real-time Pi value displayed via Pi Blockchain Explorer
๐ต Dollar equivalent shown beneath your Pi Browser Wallet balance
๐ Your wallet will reflect two types of balances:
1. Contribution Balance โ โ Mined Pi never sent to exchanges, retains full GCV functionality
2. Non-Contribution Balance โ โ Transferred Pi, permanently loses the Purity Badge, no GCV utility
๐ก๏ธ You cannot cheat the system. To qualify for GCV and retain your badge, you must:
โ๏ธ Create a Pi account
โ๏ธ Mine for at least 30 days
โ๏ธ Complete KYC
โ๏ธ Be in the migration queue
๐ฏ Once migrated, only official transfers from the Pi app to the Pi Browser Wallet carry the Purity Badge โ . Any movement to exchanges voids it forever.
๐ Sources:
1. Pi GitHub โ Technical Framework
2. Pi Whitepaper โ Vision & Roadmap
3. Pi Browser โ Ecosystem Access
๐ Kudos to all loyal Pioneers! Stay strong. The future is Pi! ๐ฅ