The Mainnet mining formula incentivizes diverse contributions from Pioneers to support decentralization, utilities, stability, and longevity of the network. It includes components such as the systemwide base mining rate (B), lockup rewards (L), Security Circle rewards (S), Referral Team rewards ...Read more
Pi Network aims to create and safeguard community-run governance by ensuring fairness in mining, securing the blockchain, and maintaining ecosystem integrity. This empowers real people and disempowers malicious actors.
Pioneers are the community members who mine Pi cryptocurrency and contribute to the Web3 app ecosystem. They are rewarded for their diverse contributions in a meritocratic and decentralized manner.
Pi Network boasts over 55 million engaged members globally.
Pi Network offers an accessible developer platform that, combined with a large, identity-verified, and crypto-enabled social network, positions it to be a cornerstone of the next technological revolution.
Pi Network uses a proprietary and revolutionary technology combining energy-light mobile mining and a crowd-scaled KYC solution. This ensures access and identity verification within the Web3 ecosystem.
Pi’s Know Your Customer (KYC) solution is essential for ensuring fairness, securing the blockchain, maintaining ecosystem integrity, and empowering real people while disempowering malicious actors, bots, or free riders. KYC helps build collaboration within the network by verifying user identities.
Pi uses an energy-light mining method that allows users to mine Pi cryptocurrency using their mobile phones. This method is designed to be fair and meritocratic, rewarding users for their contributions and digital citizenship.
The vision is to build the world’s most inclusive peer-to-peer ecosystem and online experience, fueled by Pi, the world’s most widely distributed cryptocurrency.