The PI NETWORK ™ is a groundbreaking digital currency platform that allows users to mine cryptocurrency from their mobile devices. Developed by a team of Stanford graduates, it aims to create a more inclusive digital currency environment. 
While the value of any cryptocurrency is influenced by multiple factors like demand, adoption, and market dynamics, their unique approach and large community hint strongly at potential value. The eventual worth will be determined when it becomes publicly tradable and as the ecosystem develops.
While the value of any cryptocurrency is influenced by multiple factors like demand, adoption, and market dynamics, Pi’s unique approach and large community hint at potential value. The eventual worth will be determined when it becomes publicly tradable and as the ecosystem develops.
It’s challenging to predict exact future values of any cryptocurrency. While it has a lot of potential due to its unique approach and large community, the value of Pi will be influenced by market dynamics, adoption rates, and other factors.
Pi coin is real. It’s a digital currency founded by a team of Stanford graduates. With a community-driven approach, Pi has attracted millions of users worldwide. Always ensure to gather information from official sources to avoid misinformation.
Future values of cryptocurrencies are speculative. While it has a promising setup and a strong community, its value in 2030 will depend on various factors like adoption rates, technological advancements, and market conditions.
It’s difficult to provide exact predictions for the price of Pi in 2025. The value will be determined by factors like user adoption, market dynamics, and the overall development of the Pi ecosystem.
Pi Network development is divided into three main phases: Testnet, Enclosed Mainnet and Open Mainnet. Each phase has its milestones and significance, leading the network towards a decentralized and user-centric ecosystem. More info can be found in our summary of the Pi Network which you can find here or the original full-length version here
KYC, or “Know Your Customer,” is crucial for the project to ensure genuine human participation. It helps in distinguishing real users from fake ones, ensuring one account per person, and adhering to Anti-Money Laundering (AML) and anti-terrorism regulations.
It is unique due to its mobile-first approach, allowing users to mine coins from their phones. Moreover, it’s community-driven, with development phases designed to incorporate feedback and ensure a wide distribution among its users, making it a truly inclusive digital currency.
Yes, it is developed with security in mind. The team emphasizes user privacy and security. However, always ensure you’re using official apps and platforms and be cautious of unofficial sources or scams.
Joining the Pi community is easy. Simply download the official app from your device’s app store, sign up, and you can start participating as a Pioneer.
No, it is specifically designed to be mobile-first and doesn’t require high computational power. Unlike Bitcoin, you can mine Pi coins directly from your mobile device without draining your battery or using significant resources through a faucet-like mechanism.
The exact date when Pi coins will become tradable is determined by the project’s progression to the Open Network phase. Once the Mainnet is fully launched and external connectivity is established, Pi coins are expected to be tradable on exchanges.
The development is methodical and well-thought-out. The team prioritizes the community’s feedback and ensures a stable, secure, and user-centric ecosystem. Given the scale and ambition of the project, certain phases require meticulous planning and execution.
Pi provides its users with an opportunity to be part of a unique digital currency ecosystem. By participating, users can mine Pi coins, engage with a global community, and, in the future, use Pi coins for various transactions and services.
Yes, they have an Ambassador program where users can earn additional Pi by referring others. By expanding your network, you can increase your mining rate and contribute to the growth of the community. Referral rewards are limited to a single level of direct referrals – this is not a multi-level marketing (MLM) program.
The amount of Pi you can mine is influenced by various factors, including your engagement level, the number of your referrals, and participation in security circles. However, there is a reduction mechanism in place, reducing the mining rate as the network grows each month.
No, joining and participating in the Pi Network is free. The project’s goal is to be inclusive and accessible, allowing as many people as possible to be part of the digital currency revolution.
The project stands out due to its community-centric approach. Instead of focusing solely on technical aspects, Pi prioritizes its users, making them an integral part of the project’s development. It’s a blend of technological innovation and community empowerment.
The team is taking a methodical approach to ensure the security, stability, and success of the platform. The team prioritizes community feedback, and with the scale of millions of users, they are working diligently to get everything right for the Open Mainnet stage.
Yes, like other cryptocurrencies, the value of Pi coins can fluctuate based on demand, utility, market conditions, and other factors once it’s tradable in the open market.
Yes, there’s a finite supply of Pi coins, ensuring its scarcity. The exact distribution and allocation are outlined in their whitepaper and economic model. The easy to digest version can be found here, but the original can be found on their site here.
Pi Network uses a KYC (Know Your Customer) process to verify the identity of its users. This ensures one account per person and prevents fake accounts or bots, maintaining the network’s integrity.
After the Open Network phase, the focus will be on expanding the ecosystem, increasing utility, and establishing partnerships. Continuous improvements, based on community feedback, will be prioritized to ensure the network’s growth and success.
Pi Network’s decentralization is achieved through its community-driven approach. The network allows users to run nodes, contribute to the ecosystem, and participate actively in decision-making processes, ensuring decentralization at its core.
Pi Network is always open to collaborations that align with its vision and values. The team is actively exploring partnerships to expand the ecosystem, increase utility, and benefit the community.
Developers can contribute by building apps on the Pi platform, participating in the regular hackathons, and engaging with the developer community. There are tools and SDKs available to help developers integrate and build within the Pi ecosystem.
User data privacy is a top priority for the Pi team. The platform employs advanced encryption techniques, complies with global data protection regulations, and never sells user data to third parties.
Pi Network’s unique approach focuses on community involvement and user-centric development. The platform is designed to be energy-efficient, enabling mining directly from mobile devices without significant resource consumption, setting it apart from other mobile-based cryptocurrencies.
Despite having a compact team, they leverage the power of its vast community. Feedback from millions of users, combined with the team’s dedication and methodical approach, drives the project’s sustainable growth.
‘Pi Day’, celebrated on March 14th (3/14), represents the mathematical constant π. For Pi , this day holds significance as it marks milestones in its developmental journey, aligning with its namesake and mathematical theme.
Yes, the mobile app is accessible on major platforms, including the iOS App Store and Google Playstore, ensuring a wide reach and easy accessibility for users.
Community feedback provides invaluable insights, helping the project team ensure its offerings align with user needs and expectations. This participatory approach fosters trust and ensures the platform evolves in the right direction.
Pi Network employs advanced security measures, including encryption and regular audits. The platform’s phased developmental approach also allows the team to identify and address potential vulnerabilities proactively along with feedback from the community.
No, there’s a finite supply of Pi coins. Mining rates and rate reduction events, as detailed in the Pi Network’s whitepaper, ensure that the total mined Pi stays within the pre-defined limits.
Users can engage by actively participating in community discussions, providing feedback, running nodes, and even developing apps on the Pi platform. The Pi Network encourages active community involvement at every step.
No, mining Pi is completely free. The platform is designed to be energy-efficient, allowing users to mine directly from their mobile devices without incurring any costs or significant resource consumption.
Pi Network values transparency. Key decisions, developmental milestones, and updates are regularly communicated to the community. The team also actively seeks and incorporates feedback from the community, ensuring an open dialogue.
The vision behind Pi Network is to create a decentralized, inclusive, and utility-based ecosystem where every user, or ‘Pioneer’, can benefit. By leveraging community input, Pi Network aims to provide a platform that is both user-centric and innovative.
Processing your KYC usually takes a few minutes to an hour. If yours has been stuck for longer, then common reasons for this include:-
– Your full name in the Pi app does not match the name in the submitted ID document.
– You’ve chosen one ID type, but actually submitted a different ID type (passport vs driver’s license)
– You’ve added known bad accounts to your security circle – Never add strangers.
– You’ve requested a name change – this invokes a different/slower mechanism requiring more checks.
– The photo or video you’ve submitted is not clear.
Whatever the issue is, your only recourse is to wait for a response from Pi on how to proceed.
You will see this if you have not completed 30 mining cycles. Once you have completed enough mining cycles, you will have access.
If after 30 cycles you still see this message, then your account may have been identified as being associated with policy violations including fake accounts, scripting, and more. If you think this is incorrect, then fill in the form they have here.
You need to complete steps 1 to 7 of the Mainnet Checklist (under the Mainnet menu item of the app). After you complete step 7, you are put into a queue. The queue is often paused for maintenance and bugfixes during the enclosed mainnet which could delay your migration. The only recourse you have is to wait for your wallet migration to complete.
Pi wallets are non-custodial, so they do not keep your wallet keys. It is up to you to store and recover them in a system of your choice.
If you have biometric access to your Pi wallet, then you can still recover your keys from the wallet settings.
If you lose your wallet passhphrase and have no recovery method, then all the coins in that wallet is lost. Your only recourse is to create a new, empty wallet and then add it into the Mainnet checklist to catch successive migrations. If in future you happen to find your old wallet passphrase, you can always log back into it and access the balance.
You can monitor it on the official block explorer page here. On that page you can trace inter-wallet transactions.
The Core Team Members are essentially the employees of Pi Network. The only two members of the Pi Core Team generally known to the public are the founders – Dr Chengdiao Fan and Dr Nicolas Kokkalis. Both hold PhDs from Stanford University.
As a side note, the Pi chat moderators are not Core Team members, but are unpaid volunteers.