long before btc there were white papers of earlier cryptos...
guess which became the first cryptocurrency
BITCOIN...🫱🏽🫲🏾
Koome Evanson
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Crypto’s Hidden Founders: The Builders You’ve Probably Never Heard Of
Well, let's take a beat. Everyone's talking about Pi — 100 million people mining it, millions waiting for the Mainnet to open, and some downright arguments about its future value. But very few know who set that fire burning… or how deep that project went.
Because Pi is not another cryptocurrency. It is rather a story. A journey. In my opinion, it is one of the most slept-on origins in Web3.
Now, let's peel back the layers and see how a combination of Stanford smarts and startup grit, mixed with a dream bigger than convention, has birthed something that's rewriting the rules of crypto.
1. Where It All Began: A Stanford Course Became a Movement
In 2018, a unique course was being taught at Stanford: CS359B - Decentralized Applications on Blockchain. Sounds dry, right? But it wasn't really like that at all.
It was co-led by three brilliant minds: Dr. Nicolas Kokkalis, Dr. Chengdiao Fan, and Aurélien Schiltz. No one in this room discussing the theoretical part of blockchain that clicked. They did not merely teach; they were quiet about laying the groundwork for a revolution in the real physical world.
This vision inspired Professor David Mazières and the Stellar Consensus Protocol (SCP) before the team began shaping a different kind of blockchain:
Mobile-first
Energy-light
Truly accessible to anyone with a phone
That spark? Roared into Pi Network global protocol that is activated from a lecture room and runs millions of devices worldwide.
2. The Secret Sauce: Crowdsourcing, Reimagined
Crowdsourcing, however, before it got anything to do with crypto, was getting Kokkalis deep into the ditch with ingoing research about fund-raising, but more tellingly, being able to scale complicated tasks with large masses of people. In other words, how would everyday services become problem-solvers?
That's the premise of the Pi setup:
Crowd-based KYC processes
Ecosystem apps created by users
Governed by real people, not over-centralized elites
Mining is not an end in itself. It's about building an identity, trust, and utility.
Microsoft even cited in a 2023 essay that Pi's crowdsourced model is not simply about coding but human design.
3. Startup Hustle in its DNA
Now, here is the twist: before Pi, Kokkalis was not going to be an obscure academic. Apparently into building stuff.
He founded Gameyola (a viral games platform) and was part of the founding team that helped build StartX - Stanford's startup accelerator that takes these young founders from napkin sketch to launch day.
And that same startup energy pulses through the Pi ecosystem:
Gamified Mining Engagement
Daily Engagement Loops
Viral Mechanics for Referral
Real Incentives for Builders
That familiar feel: is that because it is? Best of those Silicon
Valley startup playbooks repurposed for a new kind of economy.
4. The Mystery and Myth of Pi
And what would a fine crypto story be without some myth-generation?
There are whispers that Kokkalis rubbed shoulders with Vitalik. Some even throw his name into the same mix with Satoshi.