Most crypto ecosystems are not sustainable in the long term because the utility of their tokens center mostly around what their users can earn from them, rather than services that address practical problems.
Dr. Chengdiao Fan said Pi follows a different ethos;
Pi is quite different from other projects. For the majority of projects, their goal is to get listed on exchanges. But at Pi, we believe that the key to real success in the crypto world and Web3 lies in moving away from currency speculation to the point where crypto networks provide real services that answer a user’s question, ‘What need do I get fulfilled from using this crypto network?'” Fan said.
The focus of Pi, a mobile blockchain mining project, is to build real-world utilities to make blockchain and Web 3 accessible using strategies to promote community growth, decentralization, and utility building.
Pi Network is in its enclosed mainnet and there are several activities to propel the network eco system into open mainnet phase soon.
Pi Network is a mobile blockchain mining project on a mission to give everyone access to the cryptocurrency revolution. The project was founded by a team from Stanford University who designed a mobile-friendly blockchain mining algorithm.
6 comments
I’m in support of afrcanparrot
Great move
Great unity and focus
Great achievement for Africans pioneers
Great achievement by African pioneers as per unity and focus for the success of pi network.
It’s important to note that Pi Network has been gaining attention for its unique approach to cryptocurrency, allowing users to mine coins on their smartphones without the need for expensive hardware. This has made it accessible to a wider audience, contributing to its popularity.
Moreover, the recent recognition of cryptocurrencies, including Pi Coin, as regulated financial activities by King Charles III of the United Kingdom, signifies a significant step towards integrating digital currencies into the conventional financial systems.
As the Pi Network moves towards its Open Mainnet, the community is eagerly anticipating the full launch, which could potentially impact the coin’s value and usability. Remember to always do your own research (DYOR) and consider the risks involved when dealing with traditional cryptocurrencies.Pi Network is truly the king of all others. Don’t miss this lifetime opportunity. Mine Pi.