Pi Network’s Hackathon: A Descent into Digital Despair 🚀💸

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In summation, dear reader

  • The Pi Network’s grand hackathon, that paragon of innovation, now stands at its midpoint, yet its community is left to ponder whether this is a triumph or a tragicomedy. The team, ever the dramatists, has released a video to update their followers, who are as eager as a beggar for a crust.
  • Meanwhile, the project’s native token, that poor soul, continues its descent into the abyss of despair, its value a shadow of its former self. It teeters on the brink of another all-time low, a testament to the fickle nature of human (and digital) ambition.

The Hackathon: A Midpoint in the Maelstrom

CryptoPotato, that chronicler of chaos, reported in August that the Pi Network Core Team, ever the architects of confusion, devised a new way to engage its Pioneers: a hackathon. The 2025 event, which began on August 21, will culminate on October 15, with a midpoint check-in on September 19-a date as ominous as a funeral bell.

The halfway video, a flickering candle in the dark, showcases applications that are as baffling as they are futile. Starmax, for instance, allows users to buy goods with Pi in a “simple” way. One wonders if the developers have ever encountered a grocery store. Nature’s Pulse connects consumers with farmers, enabling them to purchase “fresh, affordable produce” delivered directly to their door-though one must question the logistics of delivering Pi to a farm.

Eternal Rush, an online game, is a masterpiece of mediocrity. ReloadPi, meanwhile, lets holders spend their tokens on “thousands of products” from over 300 brands, including pizza. A noble cause, indeed, but does anyone truly need to order a pizza with a cryptocurrency that’s worth less than a slice of hope?

StreamPi, that new darling of the Pi universe, allows investors to upload content and pay with a single token. One can only imagine the artistic brilliance of such endeavors. The team, ever the optimists, reminds us that a prize pool of 160,000 Pi tokens awaits the victors-a pittance for the desperate, yet a beacon of hope for the hopeful.

  • 1st Place – 75,000 Pi: A fortune for the lucky few, though it’s worth less than a grain of sand in the desert of despair.

  • 2nd Place – 45,000 Pi: A consolation prize for those who dared to dream.

  • 3rd Place – 15,000 Pi: A token of appreciation, if such a thing exists.

  • Honorable Mentions (up to 5 teams) – 5,000 Pi each: A slap on the wrist for the unremarkable.

The Pi Price: A Soul in Turmoil

Despite the triumphs of the hackathon and other recent updates, the token remains a prisoner of its own making. It marked a new all-time low last week, a mere $0.25, a price so low it makes a beggar’s offering seem extravagant. Yet, like a moth to a flame, it tried to recover, only to be dashed against the rocks of reality once more.

On a weekly scale, it has plummeted 25%, a descent as swift as a soul into hell. It now hovers just 2.3% above the all-time low from September 22-a precarious position, like balancing on a knife’s edge while the world burns.

The unlocking schedule for the next month is a harbinger of doom. On October 1 and 4, 13.4 million coins will be released, a flood that could drown the market in a sea of despair. One can only wonder if the Pi Network’s creators are masochists or simply unaware of the chaos they’ve sown.

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2025-09-29 03:11