Pi Network

Pi Network is a cryptocurrency project that aims to enable users to mine pi coins on their mobile devices without the need for high-energy consumption typically associated with traditional cryptocurrency mining. Launched in 2019 by a team of Stanford graduates, the network is designed to create a user-friendly blockchain ecosystem where participants can earn digital currency through simple interactions and engagement with the app. Pi Network operates on a concept of community-driven mining, allowing users to earn coins by simply pressing a button daily, while also building a social network where members can contribute to various projects and initiatives. The goal of Pi Network is to make cryptocurrency accessible to a broader audience and to promote a decentralized economy, with the vision of allowing users to utilize their mined coins for transactions in the future once the network transitions to a fully operational mainnet.