Pi Network is a cryptocurrency that aims to provide a decentralized system that people can mine using their smartphones without the need for advanced hardware or high energy consumption, unlike other currencies such as Bitcoin.
The project was launched in 2019 by a team of Stanford University graduates, and claims to provide an easy-to-use digital currency for everyone. The currency is mined via Pi Network's mobile application.
Current status of the currency:
So far (January 2025), the currency is still in the development stages and has not been officially listed on global exchanges.
Users are allowed to mine and accumulate the currency for free in the hope that it will have future value when it officially enters the market.
There is a Mainnet phase, in which the currency is expected to be launched for public trading.
Points to consider:
1. Trading and value: The currency has no real value in the market yet.
2. Security: Be careful when sharing personal information or downloading untrusted applications.
3. Future: Pi Network's success depends on user adoption, system development, and market acceptance.
