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The Communiqué News

Pritish Bagdi

Pi Network Launches Open Mainnet, Pi Coin Sees Major Price Volatility

The Pi Network officially transitioned to its Open Mainnet on February 20, 2025, marking a major milestone from its closed ecosystem to full decentralization. This long-anticipated move has sent shockwaves through the cryptocurrency market, triggering sharp price fluctuations in Pi Coin.

Within hours of the launch, Pi Coin surged to a peak of $1.97, fueled by investor excitement and heightened trading activity. However, the rapid rally was short-lived as the price plunged to $0.737, reflecting the market's volatility. In a surprising rebound, Pi Coin recovered by nearly 80%, stabilizing around $1.29.

The Open Mainnet launch signifies Pi Network’s commitment to decentralization, granting users unrestricted access to peer-to-peer transactions, decentralized applications (dApps), and enhanced blockchain functionalities. This pivotal shift is expected to drive long-term growth while attracting new developers and investors.

Crypto analysts highlight the importance of market caution during such volatile phases but remain optimistic about Pi Coin’s future. As the network matures, many believe Pi could solidify its position among top-performing cryptocurrencies.

Investors are now watching closely to see how the Open Mainnet will shape Pi Network’s evolving ecosystem and its impact on global crypto markets.





Celebrating India's Growing Passion for Animation and Comics With Anime and Manga Contest

Wam Waves Anime and Manga Contest

The Ministry of Information & Broadcasting, in collaboration with the Media & Entertainment Association of India (MEAI), has announced the launch of the WAVES Anime & Manga Contest (WAM!). This exciting initiative aims to tap into India’s growing passion for anime and manga, providing a platform for artists to display their creative prowess.

WAM! encourages creators to craft localized adaptations of popular Japanese styles, catering to both domestic and international audiences. Participants will have the chance to gain industry exposure, with opportunities for publishing and distribution. The contest will unfold through state-level competitions across 11 cities, culminating in a grand national finale at WAVES 2025 in Mumbai.

WAM! is part of the broader Create in India Challenges, a flagship initiative of the World Audio Visual & Entertainment Summit (WAVES). WAVES 2025 is scheduled from May 1st to 4th at the Jio World Convention Centre & Jio World Gardens in Mumbai. The summit will gather industry leaders from around the globe to discuss innovations and growth prospects in media and entertainment.

With over 70,000 registrations already recorded for the Create in India Challenges, WAM! promises to spotlight India’s vibrant anime and manga community while fostering artistic exchanges between Indian and international creators. This contest not only celebrates artistic expression but also positions India as a key player in the global entertainment landscape.


Verticals and Categories

Wam Waves Anime and Manga Contest

Eligibility Criteria


Events Calendar

Wam Waves Anime and Manga Contest


Participation Guidelines:


  • All competitions will be held offline; participants must attend in person.


  • Registration opens at 9:00 AM, followed by a debriefing at 9:30 AM.


  • The competition will take place from 10:00 AM to 6:00 PM.


  • Cosplay competitions and other performances will be held from 6:00 PM to 8:00 PM on the same day.


  • The WAM! Finale will be held at the WAVES summit from May 1 to 4, 2025, at Jio World Convention Centre & Jio World Gardens, Mumbai.


  • Winners will receive an all-expenses-paid trip to Anime Japan and other international events, supported by the Ministry of Information and Broadcasting.


WAM! Cosplay Competition

The WAM! Cosplay Competition is open to individuals, including students, staff, and external participants, with no registration fees. Cosplays must be based on characters from anime, manga, gaming, or Indian comics, encouraging creativity and originality. Costumes and props should be self-made, with no restrictions on craftsmanship, but props and weapons must be non-functional and cleared during pre-event inspection. Participants must maintain decorum, with any offensive behavior leading to disqualification. Judging will be based on costume accuracy, craftsmanship, performance, creativity, audience engagement, and an interaction segment where participants may answer questions about their character or costume. Each performer will have 90 seconds for performance and 1 minute for introduction and interaction, with judges’ decisions being final. The top three cosplayers will receive cash prizes, and all participants will be awarded e-certificates.



What is WAM?

WAM! provides Indian creators with a distinctive chance to create localized adaptations of popular Japanese art styles, appealing to audiences both in India and abroad. With significant marketing support and opportunities for international recognition, the contest seeks to create a robust platform for creative expression in manga and anime.

What is MEAI?






‘Manjummel Boys’: A True Story of Friendship and Bravery Takes Centre Stage at 55th IFFI


Swati Bhat

The Malayalam rescue drama 'Manjummel Boys' captivated audiences as it was featured in the Indian Panorama section of the 55th International Film Festival of India (IFFI). During Day 6 of the event, the film’s director, Shri Chidambaram, addressed the media at a press conference held at the PIB Media Centre in Goa.

The film is inspired by a real-life incident involving a group of 11 young men from Manjummel, a village near Kochi, Kerala. The team visited the Guna Caves in Kodaikanal, Tamil Nadu, where they encountered a life-threatening situation. One member fell into a deep pit within the cave, and despite efforts from local authorities, it was Siju David, a fellow team member, who bravely rescued his friend, undertaking a daring mission to save him. The incident, marked by friendship and selflessness, highlights the courage of these young men.

Chidambaram shared that the story was well-known, but previous attempts to make a film about it were unsuccessful due to the industry's reluctance. However, with the rise of OTT platforms, such stories now have more opportunities to be told. He also spoke about the challenges of recreating the Guna Cave in a Kochi warehouse, wishing he could convey its scent on screen, emphasizing the cave as the true protagonist of the film.





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