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Welcome to the Pi Network community hub in Nigeria
The Pi Network community is home to hundreds of Pi users, HODLers, and enthusiasts. Join our New Next Room Here.
As already established, Pi Network is a cryptocurrency project that aims to create a decentralized and secure digital currency.
It utilizes a mobile app to allow users to mine Pi coins by contributing to the security and maintenance of the network.
However, it’s important to note that Pi Network is in its early stages and its value and long-term success are uncertain.
Let’s see the value of Pi.
What is the Worth of Pi in Naira?
The real worth of Pi is not yet determined. What do I mean?
One of the reasons is that Pi is not yet officially available for trading even though listed on some global crypto market cap websites and exchanges like Huobi and the like.
If it does not sound too technical, the thing is, all the Pi listed and assumed to get traded on exchanges right now are on the “I owe you bases”, and not real Pi tokens.
An IOU (abbreviated from the phrase “I owe you” is an informal document acknowledging the value of a thing.
In essence, IOUs are nothing more than casual notes that people create to remind them they need to pay a debt “of a speculated value” on a future date.
Sometimes they include the party’s names (or company names), the value, the signature, and the date they were created.
However, as informal documents, IOUs do not include any information about the consequences of not paying or the specific dates that it should be paid.
Let’s see Pi value in Dollars.
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Let’s see Pi value in Naira on 3 different platforms.
Pi Rate on Coingecko
On Coingecko, you will observe that Pi is given the value of ₦50,000 (+ or _).
Now, if you look closely, YOU WILL SEE THIS “Please note that the Mainnet has not yet been launched, and the prices shown on certain exchanges are for IOUs that may not be transferable across exchanges. Please DYOR and proceed with caution”.
Going on…
Pi Rate on CoinMarketCap
If you check Coinmarketcap.com, you will see that Pi is valued at $39.56.
Now if you look closely, you will see this information “Please note that mainnet has not launched yet and the price displayed below for certain exchanges reflects the value of the IOUs and it may not be transferable across exchanges” 
The above means, the rate you are seeing does not hold any weight as it is ONLY speculative.
In essence, the Pi coin you own now is USELESS/VALUELESS (in the literal sense) because there is no official rate or platform to sell it for cash.
Lastly,
Pi Rate on Coinbase Exchange
On Coinbase, 1 PI is valued at NGN 3.73 per Pi. That is a 3.73/Pi coin.
This also is incorrect.;
By context – it is just like being promised a job but no official offer letter was issued. Meaning, that the job is not recognized.
Therefore, you can choose to keep your Pi for the next 10 years. It will still be USELESS until there is an official platform to sell it off.
But the good news?
WE buy the Pi at fnfSwap Freelance TO GIVE you BEST value for the efforts of mining the coin with your phone over time.
Why Get Involved in the Pi Network Community in Nigeria’s WhatsApp Group?
The community is to build trust – and – so, you can easily sell off your Pi coins and get Naira sent to your bank account.
Note – all transactions are to be done with/by the group administrator [fnfSwap’s Pi group Admin].
What Is the Purpose of a Pi network community in Nigeria today?
A Pi Network Community’s goal is to unite people with similar crypto interests.
In the group, people can communicate with each other [if the topic is relevant] and express their thoughts via the chat or in the comment section.
An active and smart Pi network community is a green flag for anyone interested in joining the room, and ultimately selling his or her Pi tokens for Naira without any hesitation or doubts.
Pi Network Community In Nigeria
Is this community part of PI Team?
The answer is no!. This is a private community which exchanges Pi value for NAIRA.