Here’s why Pi Network founders could be crypto billionaires .
Pi Network, launched in 2019 by Stanford graduates Nicolas Kokkalis and Chengdiao Fan, offers a unique approach to cryptocurrency by allowing users to mine coins using their smartphones. This method has attracted a large user base, especially in areas with limited access to traditional banking.
Despite facing skepticism and being labeled a scam by some, including Bybit CEO Ben Zhou , Pi Network has achieved significant milestones. In November 2024, the project secured $15.1 billion in funding, placing it among the highest-funded crypto projects . By February 2025, Pi's valuation reportedly reached $170 billion, surpassing even Bitcoin and Ethereum .
The founders' wealth stems from their substantial holdings in Pi tokens. With a maximum supply of 100 billion tokens, and 65 billion allocated to the community, the remaining tokens are held by the team and early contributors. Even with market fluctuations, these holdings translate to significant wealth for the founders.
Pi Network's vision of accessible and decentralized finance continues to resonate with users worldwide. As the project evolves,
the founders' fortunes are closely tied to its ongoing development and adoption.
#PI #INIT #KERNAL #HYPER #WCT
Pi Network, launched in 2019 by Stanford graduates Nicolas Kokkalis and Chengdiao Fan, offers a unique approach to cryptocurrency by allowing users to mine coins using their smartphones. This method has attracted a large user base, especially in areas with limited access to traditional banking.
Despite facing skepticism and being labeled a scam by some, including Bybit CEO Ben Zhou , Pi Network has achieved significant milestones. In November 2024, the project secured $15.1 billion in funding, placing it among the highest-funded crypto projects . By February 2025, Pi's valuation reportedly reached $170 billion, surpassing even Bitcoin and Ethereum .
The founders' wealth stems from their substantial holdings in Pi tokens. With a maximum supply of 100 billion tokens, and 65 billion allocated to the community, the remaining tokens are held by the team and early contributors. Even with market fluctuations, these holdings translate to significant wealth for the founders.
Pi Network's vision of accessible and decentralized finance continues to resonate with users worldwide. As the project evolves,
the founders' fortunes are closely tied to its ongoing development and adoption.
#PI #INIT #KERNAL #HYPER #WCT
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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