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It collects real prices from places like stock markets, cricket betting, agricultural mandis, etc., and connects them to the blockchain in real time.
This feature is not available on most blockchains — which is why Pi Network is partnering with these brands.
Let’s take an example
Let’s say someone uses their Pi tokens to buy a mobile phone at a local store.
This transaction is not recorded on a major cryptocurrency exchange, but it shows the real demand and utility of Pi.
The brands collect data from off-chain concoctions such as phone prices and used Pi and then estimates the real-time market value of Pi.
Pioneers, our dream is now almost a pure reality but we have to work harder!
The Pi Core team is working with all our hearts, but real progress depends on us.
The more effort we put in, the sooner we will see Pi with GCV price.
Don't stop now - let's build a new world together!
all these brands, will reduce the risk of manipulating the value of Pi using theirOracle and ensure the integrity of the data provided to the smart contract.
Tracking the value of Pi internally, data shows that the value of Pi reached $315,000, the lowest was $313,000
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