Pi Network launched the QR scanner feature to facilitate Pi Coin transactions. Instead of manually entering long wallet addresses, users will now be able to simply use a QR code to instantly transfer funds or request payments.
Additionally, the platform announced PiFest, a PI-focused trading event. As a result of the contributions of more than 25 thousand Pi community members, PiFest was chosen as the official name of the event. This event will include local businesses and investors integrating Pi from around the world. It will mark an important step in demonstrating the usefulness and power of the Pi network.
According to the announcement, PiFest has two goals. One of these is to strengthen local businesses and raise awareness by leveraging Pi payments and blockchain technology. The other is to make it easier for customers to discover and engage with merchants in their area that accept Pi and see firsthand how Pi can be used in daily transactions.
All these are positive developments regarding PI coin. But first of all, the mainnet launch is currently delayed by about a year, and there is no concrete timeline for the launch of the open network era. Additionally, the Pi mobile app requires a lot of user knowledge to use. There are those who find this situation worrying.
Finally, there is currently a very limited use case for the Pi network. There are no blockchain games, trading protocols or decentralized applications on the network. Although the team says that all this will come later, whether the Pi ecosystem can fulfill its mission remains a big question mark. Still, Pi Network has over 50 million active users.
As we approach 2024, investors and crypto whales continue to look for alternative coins to Pi coin. Two coins attract attention with their innovative approaches. Presale events bring together investors looking to purchase Bitcoin ETF tokens and Bitcoin Minetrix tokens.
Bitcoin ETF (BTCETF) – Project Powered by Bitcoin ETFs Approval News
The price of Bitcoin (BTC) exceeding 40 thousand dollars created a great impact in the markets. Experts say there are several reasons for this, one of which is the expectation that Bitcoin ETFs will be approved by the SEC. At this point, a project inspired by these news is born: Bitcoin ETF token.
Bitcoin ETF Token aims to bring new tokenomics utility and thrive under the Bitcoin ETF excitement. Native token BTCETF has a deflationary structure with two burn mechanisms associated with the Bitcoin ETF’s team-determined milestones.
It will burn five percent of its total supply at each of the milestones. These milestones are determined as follows:
- BTCETF Token transaction volume exceeds 100 million dollars
- SEC announcement of first Bitcoin ETF approval
- Official launch of the first Bitcoin ETF
- Bitcoin ETF assets exceed $1 Billion
- Bitcoin rising to 100 thousand dollars
Apart from this burning mechanism, the platform also offers its users a real-time news feed regarding Bitcoin ETF news. Thus, users can check the platform regularly to be informed about instant developments.
Currently, the pre-sale of the Bitcoin ETF token is continuing rapidly. He managed to raise 2.5 million dollars in a very short time. Investors looking to purchase Bitcoin ETF tokens can purchase BTCETF for $0.0062. However, it is very close to the next stage of pre-sale.
Bitcoin Minetrix – Project Offering Innovative Mining Mechanism
With ambitious goals of rewriting the history of crypto mining, Bitcoin Minetrix introduces an innovative sentient mining mechanism. The project, which aims to establish a reliable and transparent mechanism for cloud mining, is also appreciated for its user-oriented nature.
As Bitcoin and Ethereum continue to rise, Bitcoin Minetrix has attracted the attention of investors. This unique project stake-to-mine introduces the concept of allowing users to earn BTC rewards by staking BTCMTX tokens on the Ethereum blockchain.
It represents an innovative mining model that does not require expensive mining equipment, instead allowing users to earn cloud mining credits to use for hashing power.
The platform can be accessed through a control panel that can be accessed via mobile or desktop. Investors will be able to mine BTC without needing any technical equipment or high-level user knowledge. In order to mine, users only need to purchase Bitcoin Minetrix tokens.
Investors are also attracted to Bitcoin Minetrix due to its staking returns, which currently have an APY rate of 123 percent. Stake – mine BTC Bitcoin Minetrix, the first project to bring the concept to market, continues to receive positive comments from crypto commentators.
For example, YouTuber VoskCoin, who has over 600 thousand subscribers, published a video review highlighting the game-changing potential of Bitcoin Minetrix in the field of crypto mining.
The BTCMTX pre-sale is well underway and is close to raising $5 million in funding. BTCMTX token looks well positioned to become a breakout star in the altcoin space.
Click to review Bitcoin Minetrix token.