14 days ago we announced the issuance of PI.
In the first few hours we raised 1% of the amount we introduced to the market, that was a pleasant surprise, we thought it was because the NXT community understood our vision and was embracing our campaign. To our dismay not long after the initial embrace we received the three-taps-on-the-back to signal that the hug was over. Since the time the initial 111 units were sold the next 13 days only another 25 units sold. That was troubling but it caused us to wonder if the community understood or cared about our project. The project will eventually prove itself but now is the last time you will be able to get Pi at this ridiculously low rate of 117.75 NXT p/ Pi.
So far no one that earned Pi has offered any up for sale, my guess is they are waiting for steep increases, as an individual (not PICISI) I intend on placing some Pi on the market so that there is always something for people to buy. The PICISI rebuy policy says PICISI will buy Pi at prevailing rates with fiat revenue received.
That means whatever the prevailing market rate is PICISI will buy at that rate.
I don't know how long it will take for PICISI to earn fiat, my guess is the earliest is about 35 days from now depending on the site receives and if all goes smoothly in terms of installation. But when that day comes I could assure you Pi will be priced farrr higher than it is now.
PICISI is raising funds for a very specific purpose -- to construct the site, regardless of the amount raised we will get a site of some sort. If we don't raise enough for the most desired site we will use the site we can afford to raise funds for the site we want most. PICISI will not be raising startup funds by selling Pi after the conclusion of this campaign.
Buy Pi from PICISI today or you will be extremely disappointed later.