Pi Network: The evolution of Crypto

 WHAT IS Pi Network?

Pi Network is a new cryptocurrency for and by everyday people that you can “mine” (or earn) from your phone. Cryptocurrencies are a new form of digital money that is maintained and secured by a community, instead of by governments or banks. Today, you can mine (or earn) Pi by helping to secure the currency and by growing Pi’s trusted network. While most cryptocurrencies (like Bitcoin) have been very hard for everyday people to use and access, Pi puts the power of cryptocurrency into the palm of your hand.

 

Is this real? Is Pi a 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. However, we do promise to work our hardest to make our shared dreams a reality, while maintaining the highest standards of integrity. You can learn more about us in the “Core Team” page in the main menu of the app.

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. By pooling our attention, goods, and services around a common currency, Pi’s members seek to capture more of the value that typically goes to banks, technology giants (e.g., Facebook, Amazon), and other intermediaries. Today, we are laying the infrastructure for this digital currency and marketplace by distributing the currency, building the community, and developing the technology to ensure its security.

When can I turn Pi into “real” money?

Pi’s holders will be able to turn Pi into “real” money when they either purchase goods and services on Pi’s marketplace or exchange Pi for fiat currency. Cryptocurrency holders have two options for turning their holdings into “real” money (or to “cash-out”): 1) Directly purchasing goods and services with their crypto or 2) exchanging their crypto for fiat currency (e.g., dollars, euro, etc.) on cryptocurrency exchanges.

1) Directly purchasing goods and services with your Pi. Pi Network is building a peer-to-peer marketplace where our members will be able to directly spend Pi to buy goods and services. We aim to start experimenting with in-app transfers of Pi as soon as possible.

2) Exchanging Pi for fiat currency on cryptocurrency exchanges. Pi’s Core Team does not control when cryptocurrency exchanges (like Binance, Coinbase, Kraken etc.) decide to list Pi. However, Pi will be able to be traded in Phase 3 of the project (i.e., Mainnet). At that point, exchanges can choose to list Pi. In the meanwhile, Pi’s core team is focused on implementing our technical roadmap (see our white paper) to reach phase 3.

HOW TO REGISTER ON PI NETWORK?

Step 1: Download, Install PI App on your smart phone – Download PI App from CH Play for Android App or IOS App 

Step 2: Create your Pi App Account and start to mine Pi – After Download and Install PI App successfully, then open Pi App to create your account by touching ‘Continue with phone number’ (highly recommended). You can also touch “Continue with Facebook” create your account. 

- Select Your country and enter Your phone number then touch ‘Go’.

- Create your password, Verify your password and touch ‘Submit’. 

- Enter Your First name, Last name and username then touch ‘Submit’.

- Enter Your ‘Invitation code’ as: MICHAELJULIUS 

- Touch the Thunder light sign start to mine $Pi.

 Pi Network App will stop mining after every 24 hours. You are advised to Reopen your Pi App and touch the Thunder light sign restart to mine $Pi everyday.

Thank You For Visiting And Good Luck.