WHAT IS PI COIN & HOW TO EARN THROUGH IT

WHAT IS PI COIN & HOW TO EARN THROUGH IT



If you do not want to Read the Whole Blog, You can also see the video in order to save your time, CLICK HERE TO SEE THE VIDEO ON YOUTUBE. 


USERS OF PI NETWORK

The pie network has been trending on the internet and as of this week there's about 13 million users in total.


In this Blog, I want to answer one of the biggest questions that people have and that question is:

“How long will it take until we can actually begin to use pie coins to make every day purchases?”


And what will the world look like after the coins are released and I think you might actually be surprised at how soon that might actually be.

 

BEGINNING OF PI NETWORK

So this project started back in 2019 by a group of Stanford entrepreneurs and we're talking about pretty smart people like two PhDs and one MBA and the goal here was to create a decentralized cryptocurrency for the average person and as somebody who's reading this Blog, you might wonder how this differs from something like Bitcoin and the biggest distinction here is that you don't need a lot of computing power to be able to mine any pie coins.


PROCEDURE OF GETTING INTO PI NETWORK

All you need to do is download the app from the app store and click a symbol button every 24 hours and this makes a cryptocurrency super accessible for anybody around the world. This works because the coins are actually mined by the developers and the coins that you do earn are simply recorded onto a server for the developers here to keep a tab, so the really cool thing about this project is that we really don't have a lot to worry about.


If you guys do decide to sign up. Make sure to use the link below and also my invitation code:

CLICK HERE TO DOWNLOAD THE APPLICATION AND MAKE SURE TO USE MY INVITATION CODE

Invitation Code: Samadsiddiqui533

 

IS PI NETWORK A SCAM?

I know at face value, this project seems way too good to be true but after researching it. I didn't see a single red flag for example you don't give this company any money. There hasn't been any case of your data being stolen and also you can turn off any ads if you want to and like I mentioned earlier this application is really starting to grow.


it's also recruiting some really powerful people. Like former Executive of Sony recently joined the team and it looks like she's going to be in control of marketing so I’m excited to see what's going to happen next.


The network here hit 10 million users in December of 2020. I'm actually curious at how many members we're going to be able to get this year but I’ve been feeling that it's going to be pretty close to 100 million things like this grow exponentially and I really wouldn't be surprised if it hits that number and one of the thing you guys have to realize is that mining is actually going to stop pretty soon. If this is true it can stop when the project hits 100 million users or when phase 3 of the project finally begins and it looks like it's basically whatever comes earlier.

 

PHASE 3 OF PI NETWORK

The developers here estimate that phase 3 will officially begin in Q4 2021. Q4 can basically, mean anything from October November all the way to December but it's good to know that they have an official stop date for the project at this point of the project, mining is likely to be stopped and you're going to be able to withdraw your pie coins and even donate your pie coins if you want to.


I personally do think that we're going to be able to hit phase 3 before reaching 100 million users. We might be close to 100 million users by the end of the year but we might not exactly hit it. Therefore I think you're going to be able to use and withdraw your coins by the end of this year. Most likely in October November or December but before this project officially hits 100 million users.

 

You can imagine a website like eBay or craigslist but only with pie coins so you're going to be able to offer services and products in exchange for pie coins.

For example, I might want to sell my camera for about let's say 300 pie coins, or I might spend 100 pie coins on buying a new computer monitor and lastly, I might even provide accounting services to somebody at a rate of 20 pie coins per hour.


I hope you can see that the possibilities here are pretty endless and at this point pie coins are pretty much cash and also at this point of the project the developers here are likely to apply the coin to be listed onto a crypto currency exchange. An exchange like coin base is going to be a pretty obvious choice and during the application process coin base is probably going to look at things like market cap the white paper the demand for the product and also the historical trading data. And I think it's pretty much going to be a no-brainer for pi coins to be listed on a cryptocurrency exchange like a coin base.

Personally I don't think I’m going to be selling any of my pie coins when the Coins do become released I mean cryptocurrencies are on an uptrend in popularity and it's unlike the days of Bitcoin. Back in 2009 when people were basically trading bitcoins for cat stickers online. Today we have a proof of concept that cryptocurrencies do work and the idea of a decentralized cryptocurrency is getting more and more popular. Plus if you think about it with a network of over 13 million users as of right now it's pretty hard for this to fail.


If you guys do decide to sign up. Make sure to use the link below and also my invitation code:

CLICK HERE TO DOWNLOAD THE APPLICATION AND MAKE SURE TO USE MY INVITATION CODE

Invitation Code: Samadsiddiqui533


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