Slowly but surely Pi Network is slowly gaining traction. At the time of this writing, it has over 221,000 followers on Twitter, 326,000 likes on Facebook, 473,000 followers on Instagram. That is huge for a ‘word of mouth’ publicity.
Not only that, the Pi Network IOUs are trading for around 40 cents. If this project continues to gain traction and it can garner over 40 cents when it starts trading – that is quite something for a project that is essentially free to join/mine. Again, that is a big IF.
The project has been running low key overall, however, they do keep going from planned phases. They recently launched phase 2.
What’s in each phase?
Phase 1: Design, Distribution, Trust Graph Bootstrap
Phase 2: Testnet, the Node software is installed over the testnet to run before the mainnet launch
Phase 3: Mainnet
What is Pi Network?
Pi Network was created from the simple belief that the existing blockchain and cryptocurrency networks are out of reach for the common public. For instance, you can no longer mine Bitcoin using your home computer. You need very expensive equipment to stand a chance. These equipment are out of reach of most people and that tends to keep people out of the cryptocurrency ecosystem – and act as key impediment to mass adoption.
Pi can be mined on mobile phone and does not need the app to be switched on to mine. This drastically changes the way mining works and potentially encourages people who are kept outside the crypto ecosystem because of costs and complexity. Pi is both free (almost) and easy to participate in the ecosystem.
If you are thinking about joining – feel free to use the link: https://bit .ly/zangazanga and use my invitation code: zangazanga (it will increase our mining capabilities) and use my invitation code: zangazanga (it will increase our mining capabilities)
Don't let this opportunity slip away, as the mining for new members might end soon