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Cryptocurrency

PI Network: A Digital Currency with Future Prediction

written by Harshita Khangarot | Sep 06, 2022
Digital Currency

PI Digital Currency- An Overview

Pi network is a protected digital currency that one can use in pi currency value. Pi is developed by a professional team of PhD graduates from the very known Stanford University. Pi networks offer an easy to use functionality where one can mine on smartphones. It is a perfect option for those who are not able to understand bitcoin or cryptocurrency, pi offers a digital coin to mine. 

What is PI Digital Currency?

PI is a fresh digital currency that allows users to mine on their smartphones. Pi is the latest digital currency developed by a group of Stanford PhDs students, they develop an app where users can join a beta version. Right now 10 million people are mining on their smartphones.

PI has generally been developed by large groups with the aim to access and gain on their phones by simply creating an account.

PI has never been an easy task as it is quite a complex process that requires special knowledge while using those digital currencies. Seeing the craze and the challenges faced by digital currency in using it makes the PI Network app developer make it more accessible and more user-friendly features. Even though the future of PI Cryptocurrency is not that clear, most research experts are very much relying on PI Network fate, as it has a great scope to grow.

How Much PI Cryptocurrency Value?

PI Mining App was launched on March 14 2019 and now the number of active users is around 1,00,000. 

While developing Stanford’s main aim is to create a simple and convenient platform for its users with ease of use functionality. 

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People these days are using more convenient and initiative tools that help them to get a more considerable form of its fundamental pi digital currency value.

Controversy Surrounding the Pi Cryptocurrency

As a result of the Pi project’s ability to mine cryptocurrencies on smartphones without making any investment, it became controversial. Many people tend to believe that it is a scam and investing their time and smartphone performance in mining would be proven worthless. 

The controversy over Pi cryptocurrency arises out of a lack of transparency the application offers and a lack of information about the development process.

So, let’s come to the point. Does this controversy mean anything, or is it just like other controversies that we hear every day?

By creating a network of trusted members recommended by the Pi framework, the Pi cryptocurrency mining software creates a security circle to mine cryptocurrencies. By doing so, it aims to prevent fraudulent transactions. In addition, the Pi works on Proofs-of-Concept just as Bitcoin does. Hence, it is completely a secure environment to mine cryptocurrency on it and every effort of yours will be rewarded.

Top Advantages of PI Crypto are:

  1. Simplicity – One can use and be able to mine PI crypto money quite smoothly.
  2. Fair Distribution – The size doesn’t depend on the capacity of the device.
  3. Extra Earnings – Contribute towards development and get a reward.

According to Google Trends, the peak of the coin’s popularity was in August 2019, when the number of users was growing the most actively. 

Core Importance of PI

  • Multiple user utilities will be able to convert the virtual coins to actual coins.
  • This PI app will give you flexibility in direct selling and an affiliate marketing system.
  • Those promising rewards options will lead to attracting new users
  • Directly selling will lead to the increased potential of user mines, and it will have affiliates with better analogies. 
  • All the valuable assets are there and the user can put money on them.
  • It includes potential benefits that an affiliate is selling better analogies.
  • Users can collect data from its Play Store page.
  • A limited app value that generates significant wealth for its user base.
  • It is like a mobile app that provides proper transparency on its technology.
  • Launched an optional video to monetise and track the active user base
  • Collect the KYC to get valuable information.

>>>Read More: The Cost to Develop A Cryptocurrency Exchange Software: The Complete Overview Here!<<<

PI Network Price Prediction

PI Network Price Prediction

Just like any other app pi is not looking that way, Pi is here to stay for a long time. Right now the current and actual price is not yet announced, once the event is in the last phase the actual price might occur soon. In the last phase, they will start trading in a beta version. 

>>>Read More: How to Create Online Trading Exchange Platform For Bitcoin/Cryptocurrency?<<<

Although there are no details about the exact price predictions of PI Network, some experts suggest that PI will cost around  $0.16 in 2021 starting. In starting we can predict it will stay at the same level. It has also seemed that in the starting phase it will be a beta version and the coin price may be the same in the upcoming months.

How Can I Buy and Sell Pi Cryptocurrency?

Still, Pi cryptocurrency is in the development phase, which means it is not listed on the cryptocurrency exchange platform, therefore buying and selling Pi cryptocurrency is not possible as of now. 

The Pi cryptocurrency could become available for purchase and sale soon when the project reaches its third stage, which is the implementation of a fully decentralised Blockchain. As of now, Pi cryptocurrency is in its second phase of development and is soon expected to enter the third phase of development.  

If you’d like to buy or sell Pi cryptocurrency, you’ll still have to wait for the moment it becomes available for buying and selling. 

What will be PI Digital Currency Value?

A great deal will rely upon the number of clients and trades accepting or excluding PI coins. In the best case, PI price prediction by the end of 2021 is $1 – Pi Network cryptocurrency worth should raise to make conditions for healthy development. 

It is difficult to foresee PI currency value in 2025 since this is too long a haul, and the undertaking is exceptionally youthful. In any case, the cost of PI may rise to $5 and higher if the PI Network is quite evolved. A proper cryptocurrency network with great features and high reliability will help them to get a piece of a pie even after managing a proper way. 

By putting money into crypto, one needs to know everything before discovering a secure platform that offers secure and easy to use features in a major rundown of digital forms of money. Furthermore, it supports a surplus of 150 coins that you can trade in for a few minutes.

Step By Step Guide for PI Network

Step By Step Guide for PI Network

PI Networking is in huge demand and has made huge progress in the mining process. The developers put forward a form of chain and mining at minimal cost with limited drain applications. Its technological advancement has made great evolution but still, it demands huge expenses and inputs that are harmful to ecology. Here are the complete steps to know the process of investing in PI Cryptocurrency.

Step 1: Download the PI Network 

Click on this link to download the mobile app!! Join the Beta 

Step 2: Sign up with your Phone Number or Facebook

Step 3: Set your 8 Chars Password 

Step 4: Set up your Account with your Real Name and Country

Step 5: Enter Invitation Code

  • Use the code used by your friend
  • Google it

Step 6: Congratulations You Have Signed In 

You need to go on the application every day to activate PI Mining, you can activate your account and turn your notification on if everything is hard to find. 

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Step 7: Take a small tour of the PI Mining App

Pioneer: Use it for the initial stage 

Contributor: Get 3 days of mine cryptocurrency for unlocking this level.

Ambassador: The ranking of participants invites the user to join

Node: Connected additional hardware for development 

To Sum Up

Pi aspires to be more open to the general public, which is why we’re attempting to create this integrated GUI Interface. It makes it easier for regular citizens to use. We are still in the early stages of our journey and are looking forward to what is happening ahead.

This is a feature that they are currently planning to include in Phase 3 of the project. (As a reminder, they are currently in phase 1 of the project, which is currency distribution; phase 2 will be the launch of a Testnet, and phase 3 will be the launch of the main site.) 

You will also have the option to take full possession of your private/public keys during phase 3 of the project.

BR Softech is a well-known software development firm with a team of experienced Cryptocurrency developers who have years of experience delivering end-to-end cryptocurrency solutions.

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Harshita Khangarot

A skilled content writer and a lifelong learner with an ongoing curiosity to learn more, I specialize in technical, banking, hospitality, and poetry content writing; while taking every opportunity as a responsibility and believe in creativity that is beneficial for society.

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BR Softech Pvt. Ltd. excels in providing cost-effective IT Solutions. Established in August 2012 with over 10+ years of rich experience. An Apex rated IT serving company around the world. Our team of innovative and creative designers deals in web designing, and mobile game/software development intending to deliver outstanding digital outcomes.

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