Pi Coin’s Grand Farce: Hackathon Hijinks & Price Pizzazz 🎭💸

by

Ah, mon dieu! The Pi Network, that most zealous of digital alchemists, has summoned its disciples to a hackathon of such grandeur it would make Louis XIV weep with envy! 🏰✨ On this fateful day, Aug 21, developers from every corner of the globe (or at least those who still believe in “free coins”) have gathered to craft apps that marry Pi Coin to payments, identity, and other noble pursuits. The community? Oh, they’ve erupted in excitement like a soufflé in a thunderstorm! 🌩️

And what of the coin itself? Why, it has surged a modest 2.8%! From $0.35 to $0.36-a leap so daring it might qualify as a marathon if marathons were measured in decimal points. Its market cap now stands at a princely $2.88 billion, though one might argue this is less a valuation and more a tribute to the art of rounding up. 🎩💰

The token, which now ranks 39th in the realm of cryptocurrencies (a position as prestigious as a court jester’s pension), boasts 7.89 billion coins in circulation. Yet, it has plummeted 9% in a week and 24% in a month-proof that even the most ardent pioneers cannot outrun gravity… or basic math. 📉

Details of the Hackathon and Deadlines

Behold, the Pi Hackathon 2025! A grand spectacle where madcap inventors are invited to weave their spells and bind Pi Coin to payments, identity, and platforms that sound vaguely communal. The theme? “Open-ended!” as if creativity were a rebellion against reason. The rules? Merely “Mainnet Listing Requirements”-a phrase that sounds like a bureaucratic love letter to chaos. 📜

The prize pool? A staggering 160,000 Pi tokens! The winner takes 75,000 (enough to buy a loaf of bread in 2030), second place earns 45,000 (a down payment on hope), and third place claims 15,000 (a generous tip for a future AI butler). Five honorable mentions will receive 5,000 each-enough to fund a dream… if that dream is a hammock and a calculator. 🛋️

Over 2,100 developers have registered, hailing from 100 lands. 900 still seek teammates-perhaps they are looking for someone who believes in the project as much as they do. The network declares, “This is an exciting moment!” as if excitement were a currency they could mine. 🎉

The Rules for Team Members

The competition rages until October 15! Projects must be submitted via the Pi Developer Portal, complete with a demo video (for what is an app without a little flair?). Teams may submit two apps, but beware: the judges are said to be as merciless as a Parisian critic and twice as pretentious. 🎭

A midpoint check-in on September 19 allows teams to share updates and bask in the adoration of mentors. This is not merely feedback-it is a performance, a masquerade of progress. And by October, the final judging will unfold like a tragicomedy, where only the most tragically optimistic survive. 🎭

Each app must include a name, logo, preview images, a privacy policy (because trust is the new black), and a description so clear it would make Voltaire weep. All apps must connect to PiNet, the blockchain that powers this grand illusion. Teams may be as large as a village, but every member must complete KYC-because nothing says “trust” like proving your identity in a world where identities are as fluid as cryptocurrency values. 🎩

Read More

2025-08-22 19:44