In this article, I'm going to tell you about the pi network, free crypto that could make you rich in 2021.

 

WHAT IS PI NETWORK:

PI network is a digital cryptocurrency. A lot of people hear Pi and immediately think about the mathematical constant 3.14…But it is different and known as pi cryptocurrency. Although, it started on March 14th, 2019 (the official Pi day), when the developers launched their mobile app and marketing it as a free,  battery-friendly mobile mining app which you only need to access once each day for it to continue mining for you on its own. Pi Network, which is a beta version is actually a cryptocurrency project   developed by Standford PhDs and graduates —  Nicolas Kokkalis, Chengdiao Fan, and Vince  McPhillips, designed to run on mobile phones.


 

Pi claims to be the first digital currency that you can mine on your phone, you earn tokens supported referrals and participation within the Pi community. Similar to Electroneum, Pi mining doesn't;t cost anything in terms of electricity,  investment, or upfront costs. It is possible to mine Pi offline, and therefore the app isn't tied to any brand of device.

The developers of Pi Network crypto made an enormous breakthrough evolution of mining processes. The main idea of this network was to create a user-friendly network, where people can form chains for mining coins. The PI Network mobile app is user-friendly. Mining on the Pi network is pretty easy.

 

 

STEPS TO GET YOUR COINS:

  • Join PI by the link below:

             Minepi.com

  • Download Pi Network app 
  • Sign up 
  • Set up your password
  • Fill out your profile ·      
  • After signing up, every user receives 1 PI.

 

Why should you jump on this network and start mining?

Now is the time to get on the Pi network, because even though it's long term, it looks promising. Like the base mining rate of Bitcoin, early adopters will earn more coins per hour than those that join later.

 

 

HOW MUCH MONEY YOU CAN EARN:

Pi Network crypto value was expected to raise to create conditions for healthy growth. It is not really easy to predict Pi Network value in 2025 since this is too long-term, and the project is also very young. However, the worth of PI might raise to $5 and more if the network is going to be properly developed.

 




 

PHASES OF PI:

Pi network has 3 phases. 

·        Design, Distribution, Trust Graph Bootstrap. 

In this phase, Pi Server will emulate the behavior of the decentralized system. It will not be listed on exchanges during this phase and it is not able to buy or sell Pi.  And the all the coins will be migrated to the live net once it launches. 

 

·        Testnet:

The Node software is going to be deployed on the test net. Where users will be able to download their Nodes. While the network is getting ready towards the Mainnet.

 

·        Mainnet: 

When the community feels the software is ready  for production, and it has been tested on the Test Net, the official mainnet of the Pi Network  will be launched.

 

 

WHEN YOU CAN WITHDRAW PI COINS:

Unfortunately, there is no official schedule for  Pi. And even though we know that Pi Network starts  building its testnet in March 2020, the only  official statement about the final phase is that  Pi will reach mainnet when it will be ready.

All the white book says is that “When the community feels the software is prepared for  production, and it's been thoroughly tested  on the testnet, the official mainnet of the Pi network is going to launched.” At that time, all validated accounts are going to be transferred and therefore the faucet from the trial is going to be pack up. Also, fake users and duplicated accounts will be deleted from the network. 

 

 

PI NETWORK STATEMENTS:

"The first digital currency where people can mine on their phone”.

For sure, Pi Network is an excellent opportunity within the world of digital money.