PI Network is a cryptocurrency or digital currency developed by a group of Standford PhDs . It is first digital currency which you can mine using your mobile phone . Once it reaches its beta stage you will be able to buy or sell PI currency.
At the moment, they have over 10 million members worldwide.
Basically, for doing almost nothing, for investing five seconds of your time, you will receive Pi.
Currently you can join PI Network for free. All you need is to download PI NETWORK app from Appstore or Playstore.
Then you can key in this invitation code = nftcrypto
How does the Pi app work and how can you increase your mining? And how does the mining actually work?
The Pi app doesn't use any kind of additional electricity or data on your mobile phone. And even if you close your Pi app, you're still mining. And that's why some people mistakenly claimed the Pi would be a scam, but it works somehow differently. The fact is all you have to do to receive Pi is open your Pi up once a day and push a button. As a result, your account will be credited with a certain number of Pi per hour for those 24 hours. So the Pi coins are not actually mined, like Bitcoins are basically generated by solving complex mathematical calculations, but they already exist in some way.
And you get them credited for being an active user. The goal behind this is to create an active user base. Ideally you don't just open the Pi app and push the button and close it. But also you check the announcements here and there. You may be active in the chat and connect with other people and so on.
So that there is actually an active community of millions of users the day Pi achieves phase three, where it will be tradable.
Yes