Pi Network is a new innovation in the cryptocurrency industry. Pi is a new social cryptocurrency secured and backed up by everyday people in the world. It has acquired rapid growth since its launch.
Launched in beta on Pi Day “3/14/2019”. Pi has rapidly grown to more than 10 Million installs, with active members spread across 180 countries. Inspired by Standford Graduates: Dr. Nicolas Kokkalis, Dr. Chengdiao Fan, Vincent McPhillip and Aurelien Schiltz.
The high-speed of Pi adoption across a diverse, global user base reveals the expanding interest in cryptocurrency and public desire to participate in a more inclusive digital economy.
Despite bitcoin’s promise to democratize finance, it remains largely inaccessible because bitcoin mining (the most direct way to earn) is very expensive, requires extensive technical knowledge and consumes so much energy that mining operations are now a major contributor to global CO2 emissions.
By contrast, Pi breakthrough technology harnesses the power of member’s social networks to allow everyday people to contribute to the security of the currency. When Pi members vouch for each other as trustworthy, together they form a network of interlocking “security circles” that determines who can validate transactions on Pi’s ledger. This allows members to earn Pi from their mobile phones with low financial cost, limited battery drain,, and a light footprint on the planet.
What’s Good About The Cryptocurrency?
We don’t know how good it is because it isn’t on the market yet; it’s still in beta phase. But, it’s free and doesn’t cost you anything to try. Maybe it won’t be worth something in the future and maybe it will, you never know. The same was for bitcoin, people didn’t know what to expect and now you can see for yourself where bitcoin is right now.
What is Pi Network Price Prediction?
It really can’t be determined just like that, it depends on a lot of factors like demand and supply, news influence etc. Some users have said that when the coin launches on exchanges, expected in March 31st, 2021. It may reach a value close to that of Ethereum at $200 or possibly more! This would mean if you had mined over 1000 coins on the Pi Network App, you would be sitting on a balance of $200,000 dollars
What does It Do Differently To Other Mobile Cryptos?
Their solution means you can make money by mining cryptocurrency from your phone. Simply download the app and once a day, open it and automatically mine Pi coins. Pi Network also has a member’s platform.
How Do I join Pi Network?
To join Pi Network and start earning Pi, users need to just download the free app from Apple App Store and Google Play Store. Use the invitation code “bastechy” as new members are mandatory required to input pi network invitation code during registration. New members with questions can read the app’s FAQ or ask their invitee via the application’s Earning Team chats.
Advantages of Pi Network:
- Easy to use security at scale, without the massive electricity waste.
- Decentralized, secure, immutable, non-counterfeitable and interoperable.
- Works on your mobile phone and does not drain your battery.
The only duty you have to do is to open the App once in a day and click mine to earn free pi everyday and keep your account active. It doesn’t have any effect on your phone processor or battery.