Pi NFT: The First NFT Marketplace on Pi Network

by BSCN

March 6, 2023

Pi NFT allows users to buy, sell, and launch their collections to the Pi community while educating them about the concept of NFTs in the industry.

Buy, Sell, and Create Digital Collections on Pi Network

Pi NFT is the first Non-Fungible Token (NFT) marketplace built on the Pi network and powered by Pi Chain Mall (PCM). The platform is amongst the registered projects in the 2023 Hackathon.

Pi NFT allows users to explore the possibilities of digital collections on the Pi Network. The platform allows Pioneers to buy, sell, and create their digital collections. It supports Pi payments and established a Decentralized Autonomous Organization (DAO) to reveal the NFT content before displaying it to users.

The innovative platform was designed to deliver authenticity and originality to users while compensating creators for their efforts. Further, the protocol would enable secondary market sales when the Pi open mainnet is live.

One key highlight of the Pi NFT platform is the ability of creators to set up a 5% copyright tax for their collections, allowing them to obtain incentives for every NFT transaction.

Pi NFT is the first of its kind on Pi Network. The protocol plans to reach out to global Pioneers who are part of the Pi ecosystem and educate them about the concept of NFTs which they are unaware of, while creators earn rewards.

As stated earlier, the platform is part of the ongoing hackathon. Therefore, the hackathon project video is available for users interested in learning more about its features. You can watch it below:

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What is Pi Network:

Pi Network is a novel cryptocurrency and developer platform allowing mobile users to mine Pi coins without draining the battery. Pi’s blockchain secures economic transactions via a mobile meritocracy system and a full Web 3.0 experience where community developers can build decentralized applications (Dapps) for millions of users.