Hello, Steemians.
In this post, I would like to briefly introduce the new blockchain project and also their cryptocurrency Pi, which is now in its beta version. If you want to know if you should invest your time in Pi Netvork, then you are in the right place. I will tell you my knowledge on the basis of which you can make your own decision.
So to start: What is Pi? The first and only cryptocurrency you can mine on your phone without using battery and RAM. It is developed by Stanford PhDs.
Team composition: Dr. Nicolas Kokkalis - Stanford PhD and instructor of Stanford’s first decentralized applications class; combining distributed systems and human computer interaction to bring cryptocurrency to everyday people.
Dr. Chengdiao Fan - Stanford PhD in Computational Anthropology harnessing social computing to unlock human potential on a global scale.
Vincent McPhillip - Yale and Stanford-trained social movement builder on a mission to democratize how society defines, creates, and distributes wealth.
This network does not offer any product, but a service. You can mine the Pi cryptocurrency on your phone if you download their application without using the battery and RAM, without any ads, the application doesn't have to run in the background, all you have to do is run it once every 24 hours. As it is a very young project running only a few months (and already has over 400,000 users), Pi Network is only in the first phase, so for now Pi has no value, plans to sell Pi are only in the third phase. So whether it will work or not, time will tell. We can only hope for the best. Registration is completely free, but you need an invitation, respectively referral code. It might a good decision follow their further development and also meantime mine their crypto. If you are interested, read more on their website www.minepi.com, where is also their whitepaper. Finally, if you decide to join the Pi Network project, use my referral: shumansky
Link to download app from site: https://minepi.com/shumansky
Link to google play: https://play.google.com/store/apps/details?id=com.blockchainvault
Thank you for reading and wish you good luck ;)