Almost everybody is aware that the network might have just started by 3 people from Stanford University who could just be working from their bedrooms, but they are pretty damn smart.
Add to that, they are being upfront about this: it’s not a get-rich-quick scheme that they’re peddling (unlike many other currencies out there). Their intent genuinely seems to be to develop something useful. Something better.
And as for starting small-scale, the team has grown ever since – well lots of enormous ideas grew from small teams working in small garages and bedrooms (looking at you Facebook and Apple).
Using virtually no advertising, there were over 3.5 million people on the network when they moved to Phase 2 in March 2020, just one year after launching. Pretty impressive from just word of mouth!
In May 2020 the Pi platform started running adverts on its platform. The creators describe this as a necessary step in order to fund the various costs and make it self-sustaining. The adverts seem to be relatively unintrusive and if it helps them fund the development of the platform into something viable, I’m on board with them being there.
In many ways, I prefer the unassuming, budget look of the founders – it’s certainly more trustworthy than if they were carrying on like Fyre Festival organisers, posing with models on yachts.
At the end of the day, there are no certainties when it comes to cryptocurrencies. And their proposal isn’t offering that – it’s just a matter of inviting you on board and seeing what happens.
Considering you’re not having to invest anything other than the effort to download the app bit.ly/3pIuRSa or download Pi Network manually at Google Playstore or Apple iStore, (you may use my invitation code: Bugsick) - and open the app once every 24 hours, that seems a reasonable deal, especially when you think what this could become.
Once done make sure to input your complete and correct information and verify your contact number to avoid problems in withdrawing your mined Pi in the future when Pi Network has already a value in the blockchain.
No wonder 14M+ members are now mining Pi Coins as of March 2021. As the members grow the mining rate is halved, so why wait? Mine now while it's still on the 2nd phase and still free!
