The Pi Coin owner classification system is inspired by marine creatures, marking the level of Pi Coin ownership of each member, creating interest and connection within the Pi Network community.
MAIN CONTENT
Pi Coin classification is based on the number of coins according to marine creatures from Shrimp to Humpback.
About 70% of Pi Network users in the Shrimp group hold less than 1 Pi Coin.
Whale and Humpback groups control a large portion of the supply despite being a minority in the community.
What is the classification of Pi Coin based on marine creatures?
The classification system introduced by Pi Network co-founder Dr. Nicolas Kokkalis aims to increase community interaction through fun titles based on the number of Pi Coins owned.
This idea is designed to encourage the Pioneer community that is gearing up for significant advancements in Pi Network's decentralized ecosystem.
“Classification based on marine creatures is not just a game, but also helps increase user engagement as they prepare for a new development phase.”
Dr. Nicolas Kokkalis, co-founder of Pi Network, 10/2023
What are the complete classification groups?
The system consists of 8 levels, divided according to the number of Pi Coins in users' wallets:
Shrimp: under 1 Pi Coin
Crab: from 1 to 9 Pi Coins
Octopus: from 10 to 49 Pi Coins
Fish: from 50 to 99 Pi Coins
Dolphin: from 100 to 499 Pi Coins
Shark: from 500 to 999 Pi Coins
Whale: from 1,000 to 4,999 Pi Coins
Humpback: from 5,000 Pi Coins and above
This classification has quickly become a trend used as a badge of honor in the Pi Network user community.
Why are most Pi Network users in the Shrimp group?
Analytical data shows that about 70% of users hold less than 1 Pi Coin, belonging to the Shrimp group. This reflects that most are still in the early stages of mining Pi Coin.
Conversely, the top 100 wallets own over 96% of the total supply of Pi Coins, including locked coin wallets and liquidity pools. This distribution shows that whales and Humpbacks are few in number but control a large portion of the circulating supply.
What is the impact of this classification on the price of Pi Network?
As Pi Network prepares for the transition to mainnet and potential listing on exchanges, understanding the ownership distribution is crucial. Many users in the Shrimp group imply that the adoption phase is still ongoing.
Therefore, large groups like whales can significantly influence prices in the early stages of trading in the market.
General thoughts on this Pi Coin classification system
Although fun and unofficial, this classification reflects efforts to build a united and distinctive Pi community. As Pi Coin approaches important milestones, all members from Shrimp to Humpback are focused on the same common development goal.
“This classification creates a lively and cohesive atmosphere, making each user a part of the vast Pi ocean with their own positions and roles.”
Blockchain expert Đỗ Anh Tuấn, 2024
Frequently Asked Questions
Does this classification have a direct impact on the price of Pi?
Currently just an interaction tool, but reflects coin distribution helping to predict the impact on price when mainnet.How to know which marine creature group you belong to?
Based on the number of Pi Coins in your wallet, you will belong to the corresponding level according to the classification table.What percentage of people own a large amount of Pi Coins?
About 100 largest wallets control over 96% of the total circulating supply of Pi Coins.Is the classification system official?
This is a community initiative proposed by the co-founder of Pi, not an official standard yet.Has Pi Network announced plans for mainnet and listing?
Pi Network is actively preparing for mainnet, with expected listings potentially occurring in 2024.
Source: https://tintucbitcoin.com/top-holder-pi-network-moi-nhat/
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