Pi Network has recently taken the crypto industry by storm by growing to over 550K engaged users, including members from over 180 nations across the globe. Launched by a team of Stanford grads including Dr Nicolas Kokkalis, Dr Chengdiao Fan, Vincent McPhillips, and Aurelien Schiltz, Pi is scaling across the world with pace.
The interesting expansion of Pi shows the establishment of cryptocurrency into everyday peoples’ lives and the importance of a democratized economy. The inefficiencies of Bitcoin mining and the false hope of a digital ‘sharing economy’ are only amplified as the blockchain industry progresses.
Newcomers to crypto face a mountain to climb when it comes to education and understanding how to attain their fair share of crypto. Pi aims to circumvent the competitive nature of mining by allowing anyone anywhere to earn currency by clicking a button. Plain and simple.
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Pi’s fresh technology utilizes the influence of members’ social networks to enable ordinary people to improve the currency’s security. When Pi users (pioneers) vouch for each other as true, together they form a network of interlocking security circles that defines who can validate transactions on Pi’s blockchain ledger.
“Too many people are being left behind by the digital economy,” said Vincent McPhillip, who is Head of Community at Pi Network.
“By pooling their time and talent around a common currency, Pi’s members are redefining the way ‘value’ is created and shared.Our dramatic growth proves there is a dynamic global community of people searching for new ways of establishing and controlling their worth.”
To start mining Pi, users must download the free ‘Pi Network’ app in the Apple and Play store: https://minepi.com/ and use the invitation code “rupsure”. It is highly suggested that new members read the app’s FAQ or ask their inviter questions via the application’s newly launched Earning Team chats.
What is Pi Network?
Pi is a universal cryptocurrency secured and backed by everyday people. Developed by a team of PhDs and graduates from Stanford University, Pi can be easily mined on mobile phones with a low financial cost, limited battery drain, and a light footprint on the planet. Pi’s social cryptocurrency is laying the foundation for an inclusive, online ecosystem where everyday people can capture their fair share of the digital pie.
How much is Pi Worth?
Pi is not currently listed on any exchanges nor can it be used within the Pi Network app (as of Q3 2019). Pi will likely attain market value in future phases of the project, yet no direct news has been released regarding this information.
How do I earn more Pi?
The easiest way to earn more Pi includes inviting people to join the app using your invite code. Every user can easily share their code/link across social media with their peers. It is also important for users to add members to their security circle and ensure that their invited friends are actively mining.
With that said, happy mining to all new and experienced pioneers! Pi is growing every day and will attain the value it seeks through more adoption and advocacy. Spread the word and make sure to follow Pi Network on the following social media pages.
You can follow Pi Network on Instagram at @pi_network