Updated: Jun 14
The Pi Network is an app built by a group of people whom attended different Ivy League colleges. It aims to allow any person with a phone to gain access to cryptocurrency. They are currently in a beta stage, It doesn't cost anything, so it's best to jump in now!
Pi is a new digital currency being developed by a group of Stanford PhDs. For a limited time, you can join the beta to earn Pi and help grow the network. To join Pi, follow this link http://minepi.com/DoRisLo and use my username (DoRisLo) as your invitation code.
PI Coin Fundamental Value
The main goal of the developers was to create a simple and convenient platform for cryptocurrency and smart contracts that would not without the usual serious energy costs. This team has created a simple application that can both extract the new token and store it.
PI mining app was launched on March 14, 2019, and in September, the number of active users exceeded 1,000,000. Many users consider it to be highly convenient and intuitive mining tool the same way as Changelly app. Everything is explained so profoundly, but in an understandable form, so users do not have problems with it.
The main advantages of PI crypto are:
Simplicity. A user who has never heard of Bitcoin and cryptocurrency before will be able to mine PI crypto money without a struggle. It has the step-by-step guide on how to mine PI cryptocurrency;
Fair distribution. The number of coins mined does not depend on the capacity of the device;
Extra earnings. Users who contribute to the development of the platform receive a reward.
Since Pi Network cryptocurrency allows for mining without contributing your computing power, this coin might be interesting to anyone willing to expand their crypto portfolio. The mining power and multiplying coefficients depend on the amount of referred users, among other things.
How can I earn?
It is pretty simple. One just has to log on, create an account, and click the earning button (it will be specified on startup). Currently, the base earning rate is 0.20 Pi an hour, not a bad amount considering how little work has to be done to earn.
Will it use data?
It won't, and from my experiences from using the app, it doesn't.
What is an earning team?
Your earning team consists of the people you invite and the person who invited you. You can use this to boost your earnings, by 0.29 Pi per hour per person, max of 5 people. With a full earning team, you can earn 0.39 Pi per hour. In addition, people that are earning (that you invited) will give you a 0.1 boost, per person, unlimited!
If you want, use my referral code "DoRisLo" to give yourself a boost if you're new!
NOTE: Remember, you only need to open your Pi app and mine every 24 hours.