UNDERSTANDING PI
Why is there a 'rumor' that Pi Network is being listed? A simple explanation:
1. What is Pi Network?
- Group X creates the 'mining Pi' app. It is exactly like a gaming app.
- Players download the app and play (check in) to be rewarded with Pi created by the app developer. It's like you play a game and get in-game currency as a reward. This money is only for use in the game and cannot be used for anything else.
- Group X encourages players to 'mine Pi' and invite others to play with them. Anyone who refers many people to play (that is, downloads the app and checks in daily) will be rewarded with additional Pi.