Pi Network App: This write-up is an overview of what Pi Network is all about but majorly focuses on app preference.
What is Pi Network?
This is a digital currency. With the help of the app, you can access and grow your Pi holdings which serve as a wallet to host your digital assets. The digital currency is fairly distributed eco-friendly and consumes little battery power. Well, let’s hold on here and go straight to what we have for today.
We are in the early days of blockchain technology, and the Pi network and coin inevitably want to stand out among a crowded field. Although the Pi coin is currently in beta mode, they are adding users as nodes to the network through word of mouth.
Just like Bitcoin, users can earn their Pi coins hourly through a mobile phone app download. That sounds great, right? Yes, you can mine your Pi on your phone.
In this little write-up, I’m going to give you my honest assessment of why you should or should not jump on the Pi bandwagon as you read on.
Pi Network App-Why you should not download the Pi mobile app
You are the old-school Warren Buffet-type of investor. No, you don’t like taking risks and falling victim to inevitable circumstances. But you preferred a solid portfolio in ETFs, traditional 401K, and Blue chip stocks.
You would like to wait for the beta release to catch on, and on the hand, wait for Pi to officially prove that it has a product. As of the moment, Pi is a pyramid-like scheme. The Pi coin is totally legit, and the world at large needs people like you to work along.
Moreover, I don’t see anything wrong or a mistake in allowing the Pi coin to mature. Their purpose in releasing the beta version is to prove to investors that the coin can gain momentum with new daily users. At the moment, Pi has over 33 million users with KYC verifications.
You can be such that don’t want apps with unknown security risks on your phone. The app does not drain the battery or affect your phone performance. The development team uses the SCP to help them verify the existence of you and your phone. Although there are many things that have not been fully verified as to how safe is the algorithm.
Some find it annoying to tap on the mine button after 24hrs.
Reasons why you should download the Pi Network Mobile App.
Many have FOMO over not getting involved in the Bitcoin phase. At the time of Bitcoin, people like me didn’t take the digital currency serious due to ignorance even most of my friends tried convincing me to invest in it but as I claim to be wise I refuse to. Moreover, I really regret not doing so.
Therefore, like the base mining Bitcoin, early miners will earn more coins per hour than those who join later. The pi coin on the app calls you a pioneer who will earn at least 0.8 pie /hr., once it reaches 1 million, the rate will be half. Once the platform reaches 100 million users it will stop accepting new members for minting.
The app is user-friendly. This means that even if you are not technically savvy, and you have a wide range network and are good at marketing. You still be successful in mining the Pi coin.
For developers like me, I will suggest that you wait for phase 3: there, Pi will roll out a desktop app and possible language support to code some contracts for the Pi market.
Another thing you need to know is that you don’t have to spend money to buy hardware for Pi.
All you need is your smartphone to mine the Pi coin.
Pi Network App-What the Features of the App
The app has advertisements. This proves that the platform is developing.
You can download the app from all App store
You and your earning team can chat in the app (The username is blacked out for security reasons)
To download the Pi Network App, go to google play store or App store search for Pi, allow it to boot and display the result, then you can click on install to automatically download the app. https://pi-network.en.uptodown.com/android
Ensure that you have a mobile network.
What is the value of the Pi coin?
I Pi worth 0.004699 USD
Does Pi have App Privacy?
The developer, SocialChain, indicated that the app’s privacy practices may include handling
Does Pi have a future?
As per an estimate from Coin Dataflow, the Pi value can potentially rise to 1.48 USD by 2025.
When can I sell Pi coin?
For you to trade or buy Pi coins, you have to pass the KYC verification first, the selection is random. Though the Pi network team has launched mass KYC verification.
Pie is a digital currency that allows it users to mine the pie coin at their own convenience, this made this possible by developing the app to make mining easy for its users.