Students of Stanford University came together in 2019 to create a new type of Cryptocurrency called Pi. A Cryptocurrency for a Common Man.
The creators have claimed it to be the most sustainable, energy saver Cryptocurrency to date.
Pros of Pi Cryptocurrency
Pi is easy to mine, doesn’t consume much energy, and can be mined through a Mobile app called ‘Pi App.’
It is decentralized, making it a secure, immutable, interoperable digital currency.
It can be mined through Mobile App that does not consume any battery.
Their website also claims it to be Planet-friendly as it doesn’t waste electricity even if used on a massive scale.
The creators have also created a ‘Pi browser’, which helps the user brainstorm ideas on the exchange for the currency and simulate it.
They recently ran Hackathon to brainstorm ideas for the way Pi can be used.
Cons of Pi
Even though it is a brilliant idea, it has its setbacks.
Pi is yet to be brought in front of the world. We still have no idea, whether it will be the next Bitcoin, or some Shit Coin(term used for Cryptocurrency with no value)
Pi Cryptocurrency developers plan to start distribution by the end of 2021 or the beginning of 2022 latest. Whether it gets postponed or not is yet to be seen.
Where to Buy it and what’s the price?
Well, right now, you cannot buy it as I said earlier.
You have to download the Pi App and sign in with a referral code. And mine the Cryptocurrency daily.
Pi is in its early stages, it has no value, but it has been predicted, its value might be between 10 USD to 200 USD.
But a small group of experts says it might not have any value whatsoever.
Dr. Nicolas Kokkalis
Dr Nicolas Kokkalis is the mastermind behind Cryptocurrency, the instructor of Stanford’s first decentralized application class, which combines distributed systems and Human-Computer interaction to bring Cryptocurrency to everyday people.
He completed his PhD in computer science. He is also the creator of gaming platform, Gameyola, founding CTO at StartX. That platform is a startup accelerator for Stanford students and has helped over 2000 entrepreneurs.
As an Undergraduate, he designed and built a novel computer motherboard from scratch in a lab.
He currently works as the Head of Technology at Mine Pi.
Dr. Chengdiao Fan
Dr Chendiao Fan is a Stanford PhD holder in Anthropological Science and an expert in human behaviour and human group studies. Her research focuses on Human-Computer interaction and social computing, specifically, using technology to positively impact human behaviour and society.
She also founded a startup building on email productivity platforms that scales conversation by crowdsourcing. She is currently Head of Product at Mine Pi.
So should you buy Pi Cryptocurrency?
You’ll need to sign up for free through a referral, which you can find on Google, to mine PI.
Right now, pi has over 1 Billion Users, who mine daily.
If you are an optimistic person, who is hopeful about the future, Mine Pi is for you.
If you are looking for easy money, Mine Pi is not the place for you.
you had a chance to mine bitcoin for free, but you didn’t and now regret your decision, it might be your second chance.
Conclusion
There is a massive potential in this Cryptocurrency to be the next Bitcoin. But it will depend on the future.
But right now the Cryptocurrency looks hopeful for the future. But time shall tell, whether it’s the future of Cryptocurrency or just another Shit coin.
Read More : Top 5 Cryptocurrency to Invest in 2021
