Pi update: Indonesia’s second confirmed barter after the launch of the PiChainMall

Series of unconfirmed barters have been reported on social media platforms since the launch of the PiChainMall on the 25th of August, 2022 by the Pi Network core team.

Notable among the unverified barters was the rumour of a Pioneer who bought a plot of land in Abuja, Nigeria’s Capital City for about 40π without proper documentation to convince that the transaction actually took place.

Indonesians have shown genuineness in their reported barters by providing adequate proof to convince global pioneers that the transaction really took place. Just like the Bauchi rice shop where we witnessed pioneers buying bags of rice and payments fully funded with Pi, an Indonesian merchant has also traded bags of rice for PiCoin.[irp posts=”11177″ name=”BREAKING: Pi Network is rated the fourth largest crypto network in the world after Coinbase, Binance and Crypto.com”]

Hamid Priyanto reported on his twitter handle @hamidpriyanto4 that, an Indonesian pioneer Mr. Agus Sudarmanto from South Sumatra bartered bags of rice for PiCoin with considerate of the global consensus value of $314,159. He bartered his rice at the cost of 0.0000434π per bag matching the consensus value.

P2P barter for the pioneers of South Sumatra – Indonesia with the basic needs of rice 0.0000434 Pi, according to the Global Consensus 1 Pi: $ 314159, coordinated by Mr. Agus Sudarmanto 🤝🇮🇩 pic.twitter.com/fixRSiLnDl

— Hamid Priyanto (@HamidPriyanto4) September 8, 2022

Newsway gathered that the transaction is actually the second from Indonesia after the launch of the PiChainMall which adequate proof have been shown to convince the global community of pioneers.

In a separate update, Pi Mainnet is rumored to be launched before the end of this year thereafter the actual PiCoin will be remitted in pioneers mainnet wallets.