Pi is Free
Mining starts immediately after successful registration. The amount of π mined is calculated using a mining rate multiply by the time elapsed since registration. Mining is paused after 24 hours, and will resume only when a lightning button on the app's homepage is pressed to initiate another 24 hr session. This cycle is repeated ab infinite. The actual mining calculation is done at a central server in US. The phone is only used for check-in and to display your account status. It is not used for calculation at all, so it does not consume much power and does not require high performance. a simple smart phone with internet access is all you need.The basic rate is 0.2 π/hr. You can increase the rate by getting others to sign up as your down lines. They will constitue your mining team with you as the leader. The reward is increase of 0.01π/hr for every recruit in your team. Even mining alone can get you more than 1000 π, provided you are diligent and always on time in clicking the lightning button every 24 hours when it turns whitish.
Phase 2 has started on 14/3/20, and some pi apps will be developed and introduced in stages, such as e-commerce, mobile games etc, where π can be used to purchase goods or credits. This will build up the value of π and attract some international e-commerce platforms to accept π as payment. At the same time, π will also be promoted to regional businesses, local shops, etc.
After the use of π as currency is well on track and established, we will enter Phase 3, when π can be freely traded among users, and one can instantly remit π at any time to anyone anywhere in the world, just on your mobile phone! and also exchange it with other crypto and fiat currencies.
After the pi economy is on track, it is not unthinkable for π to be worth 10 to 100 USD or even more !
The revolution to use less fiat notes and more digital currencies has arrived ! Get yourself ready by joining pi network NOW !
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