Pi Network – Wiki

Overview

Pi is a digital currency. Pi Network has an application that allows users to access and grow their Pi holdings. It serves as a wallet for hosting digital assets.

Pi Network refers to the digital currency project that aims to allow access to crypto mining for everyday users. It lets users mine coins utilizing its mobile phone app. On March 14, 2019,(Pi day) the project was launched with the Pi mining app. Advertisements began financing the project in May 2020. On the December 29, its Pi mainnet was launched.

PI cryptocurrency

The Pi coin, PI, is the cryptocurrency operating on the Pi network, and it powers the Pi blockchain. All network transactions are charged and paid with it. Development teams utilizing the smart contract network mus be holders of Pi tokens to use the network’s resources. Pi Network will feature a decentralized autonomous organization (DAO), and the PI token is meant to operate as the governance token for the DAO. Token holders can vote on proposals for the network.