Pi Network Moderators Denounce GCV Ahead of Map of Pi 20 Official Launch

TLDR

Table of Contents

Pi moderators confirmed that no official GCV exists and warned users against inflated price rumors.
Over 140000 merchants are ready to accept Pi through Map of Pi 2.0’s verified platform.
Map of Pi 2.0 will support full on-chain payments, escrow services and multilingual merchant tools.
Pi co-founder Fan said utility and real-world use matter more than speculative liquidity.

Moderators of Pi Network have publicly dismissed the Global Consensus Value (GCV) as misinformation. Their rejection of GCV comes just as the network prepares to launch the Map of Pi 2.0, a platform enabling verified Pi-based transactions among thousands of merchants worldwide.

Pi Moderators Publicly Denounce GCV Claims

Pi Network moderators have formally dismissed the widely circulated Global Consensus Value (GCV) as false information. They stated that the claim of a fixed, high-value exchange rate, such as “314,159 USD per Pi,” has no support from the Pi Core Team. According to them, such misinformation confuses new users and harms merchants who may set prices based on fictional values.

They further added that these false expectations distort the current phase of Pi’s development, known as the Enclosed Mainnet. During this stage, Pi cannot yet be exchanged on external exchanges, making any claims of fixed monetary value baseless. Community members and moderators alike have advised users to avoid promoting GCV and to focus on updates from official sources.

Moderators described the GCV myth as a tactic that undermines real progress. One moderator said, “There is no GCV, and promoting it only damages real business efforts within the ecosystem.”

Map of Pi 2.0 Set to Enhance Real-World Utility

As GCV debates wind down, focus has shifted to the upcoming release of Map of Pi 2.0. The platform is an upgraded global directory of Pi-accepting merchants. It currently features over 140,000 merchants, two million users, and more than 100,000 verified reviews.

The new version includes on-chain payments and escrow functionality to enhance transaction trust. It also allows merchants to list businesses in multiple languages and improves product search capabilities. This makes the platform more accessible and user-friendly for buyers and sellers globally.

Map of Pi 2.0 is expected to play a key role in supporting real transactions while avoiding speculation. The platform also supports merchant verification to ensure only legitimate vendors operate within the Pi ecosystem.

Leadership Emphasizes Utility Over Market Price

Pi Network’s co-founder, Dr. Chengdiao Fan, reaffirmed that the project prioritizes utility and real use cases. Speaking at TOKEN2049 in Singapore, she said, “Our goal is to build meaningful applications, not chase speculative value.” She emphasized that speculative hype has caused problems in past blockchain projects.

Her message supports the project’s broader goal of creating a functional digital currency through merchant adoption and application development. Developers are encouraged to build tools that offer real value for users, especially during the Enclosed Mainnet period.

The Core Team has remained consistent in its position that listing on exchanges will come only after ecosystem stability and utility milestones are met.

Pi Network Grows as a Low-Energy AI Infrastructure

Alongside utility updates, Pi Network’s infrastructure is being developed to support decentralized AI workloads. According to OpenMind and other Pi contributors, more than 350,000 nodes are active and consume far less energy than Bitcoin.

These nodes can support future AI applications by offering a decentralized, scalable, and low-cost infrastructure. This aligns with Pi’s broader sustainability goals and positions the network as a potential platform for future AI agents and tools.

As the network expands, the Core Team continues its efforts to remove false narratives while promoting real adoption and technical reliability.