Assalam u alikum warah matullah. I hope all community members are doing well. Many of us have listened about the project PI. Maybe many of us are users, of this project. As many of us are mining PI currency. In this post we are going to read about this Network. Because for most of users maybe PI Network is still new.
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Firstly introduced in 2019. The project having big number of users around the world. The first currency which can be mined through an Android phone. We just have to click on mining, it do not use internet nor battery of mobile. And after 24 hours the session expire and we have to do the same.
No one wants to lose the race of cryptocurrency, most of us wants to be in front lines of this race. So that's how PI Network got attention. Because of they introduced an ease to mine a cryptocurrency, in crypto currencies. PI mining is free and easy to mine in Android.
The users of starting of PI Network may have mined 1 Million plus PI. If they regularly mined. The readers may have thinking where is about PI Network discussion. So it is starting now.
The PI Network is coming up with fair motive "Mining Crypto is hard, investing in crypto is risky". They are definitely defining their purpose and target. How they got attention, it was because of this motive. The common user think that I didn't participated in any cryptocurrency type of thing, because of no money, or no such devices to mine crypto. Why not this time I give a chance to PI.
PI crypto currency makes mining easy. Introduced a new tech to mine a Currency on Android without loosing any battery percentage, and without using any other data. So there they opened a way for upcoming projects to follow this easy way to get more attention of users globally.
As I have posted about DEFI in previous posts. PI is also a decentralized currency, by its security, immutability and interoperability. In easy words, PI follows all the decentralized finance rules, so the assets of users are safe and in control of these users. Still whenever they have stored their wallet keys safely.
PI Vision
They have divided the users in four roles. Pioneer, (user who is mining every day), Contributor (user who have group of pioneers as referrals), Ambassador (user who introduce PI Network to others) and Node (user who is pioneer, contributor and also runs a node of PI node software on his desktop).
I have seen the PI network is started charging your earned PI, for their works. This let me understood they will gonna have fees for every single transaction the user will do. They are charging 1 PI for developers to developing the KYC portfolio for users. They charge when you send your PI for a test in test PI wallet. Still the currency is not launched and they introduced a fee and this fee is not same for everyone, maybe it will more for the big transactions. We are waiting for the official launch of currency.
The PI price is not predicted, still unknown and unpredictable.
Image Edited Using CanvaWhat is PI Network
Firstly introduced in 2019. The project having big number of users around the world. The first currency which can be mined through an Android phone. We just have to click on mining, it do not use internet nor battery of mobile. And after 24 hours the session expire and we have to do the same.
No one wants to lose the race of cryptocurrency, most of us wants to be in front lines of this race. So that's how PI Network got attention. Because of they introduced an ease to mine a cryptocurrency, in crypto currencies. PI mining is free and easy to mine in Android.
The users of starting of PI Network may have mined 1 Million plus PI. If they regularly mined. The readers may have thinking where is about PI Network discussion. So it is starting now.
The PI Network is coming up with fair motive "Mining Crypto is hard, investing in crypto is risky". They are definitely defining their purpose and target. How they got attention, it was because of this motive. The common user think that I didn't participated in any cryptocurrency type of thing, because of no money, or no such devices to mine crypto. Why not this time I give a chance to PI.
PI crypto currency makes mining easy. Introduced a new tech to mine a Currency on Android without loosing any battery percentage, and without using any other data. So there they opened a way for upcoming projects to follow this easy way to get more attention of users globally.
As I have posted about DEFI in previous posts. PI is also a decentralized currency, by its security, immutability and interoperability. In easy words, PI follows all the decentralized finance rules, so the assets of users are safe and in control of these users. Still whenever they have stored their wallet keys safely.
PI Vision
Our Vision: Build the world’s most inclusive peer-to-peer marketplace, fueled by Pi, the world’s most widely used cryptocurrency.From PI white paper.
They have divided the users in four roles. Pioneer, (user who is mining every day), Contributor (user who have group of pioneers as referrals), Ambassador (user who introduce PI Network to others) and Node (user who is pioneer, contributor and also runs a node of PI node software on his desktop).
I have seen the PI network is started charging your earned PI, for their works. This let me understood they will gonna have fees for every single transaction the user will do. They are charging 1 PI for developers to developing the KYC portfolio for users. They charge when you send your PI for a test in test PI wallet. Still the currency is not launched and they introduced a fee and this fee is not same for everyone, maybe it will more for the big transactions. We are waiting for the official launch of currency.
The PI price is not predicted, still unknown and unpredictable.
I hope you like the struggle and research about PI. I hope you enjoyed reading it.
Hey once i was also part of this network, but as time passed I learned one thing about the coin supply is related to its potential not in a few exceptional cases but this rule applies on most of the currency. when I saw Pi total supply then I decided to dump this app, Because according to analysis this coin will have zero potential.
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