What is Pi?
Pi is a new cryptocurrency for and by everyday people that you can “mine” (or earn) from your phone.
Pi Network is a digital currency project that aims to keep crypto mining accessible. It is based on the view that the centralization of the first generation of cryptocurrencies like bitcoin has put them out of reach of everyday users.
The project, developed by a team of Stanford graduates, aims to redress the balance, enabling users to mine coins from its smartphone app.
Pi Coin & Pi Network is real or scam ?
Pi is not a scam. It is a genuine effort by a team of Stanford graduates to give everyday people greater access to cryptocurrency.
Pi’s core team is led by two Stanford PhDs and one Stanford MBA, all of whom helped build Stanford’s blockchain community. They cannot guarantee that the project will succeed. However, They do promise to work our hardest to make our shared dreams a reality, while maintaining the highest standards of integrity.
What is the value of Pi?
Today Pi is worth approximately 0 dollars / euro etc. similar to Bitcoin in 2008. Pi’s value will be backed by the time, attention, goods, and services offered by other members of the network.
When will Pi coins enter the market?
The Pi cryptocurrency is planned to launch during the third phase of the development of the Pi Network. A date for the launch has not been set – it will depend on the progress of the testing phase and the subsequent listing on cryptocurrency exchanges.
How many Pi coins will there be?
There is not yet a determined number of Pi coins, as the project remains in testing. When Pi Network goes live, it will validate the accounts and migrate the coins they have mined to the mainnet. Any coins mined by fake or duplicate accounts would effectively be lost at that time.