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Home/Pi Network

Tag: Pi Network

I am sending you 1π! Pi is a new digital currency developed by Stanford PhDs, with over 55 million members worldwide. To claim your Pi, follow this link https://minepi.com/Shiraverse and use my username Shiraverse as your invitation code.

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Shiraverse Latest Questions

Raju Kumar
Raju Kumar
Asked: 1 year ago

How does KYC affect Mainnet rewards in the Pi Network?

KYC verification is required for Pioneers to transfer their Pi balances to the Mainnet. Failure to complete KYC within the rolling grace period of six months results in the reallocation of unverified Pi to Pioneer mining rewards.

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Raju Kumar
Raju Kumar
Asked: 1 year ago

What is Pi Network?

Pi Network is a community-powered cryptocurrency project designed to make cryptocurrency mining accessible to everyone through mobile devices. It aims to build an inclusive peer-to-peer ecosystem and a robust Web3 app ecosystem using the Pi cryptocurrency.

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Raju Kumar
Raju Kumar
Asked: 1 year ago

What URLs should be used for official Pi Network apps and products?

Pi Mining App: Available on iOS App Store and Google Play Store. Pi Browser: Available on iOS App Store and Google Play Store. Pi Wallet: wallet.pinet.com KYC: kyc.pinet.com Pi Chats: chat.pinet.com Fireside Forum: ...Read more

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Raju Kumar
Raju Kumar
Asked: 1 year ago

How does the Pi app work?

The Pi app allows you to mine Pi cryptocurrency by making various contributions to the network. You can boost your mining rate by inviting trusted friends, building your security circle, engaging with Pi apps, running nodes, and locking up Pi. ...Read more

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Raju Kumar
Raju Kumar
Asked: 1 year ago

Can I transfer Pi to exchanges for fiat currency?

During the Enclosed Network period, Pi can only be transferred within the Pi Network ecosystem. Transfers to external exchanges for fiat currency or other cryptocurrencies will be possible during the Open Network period.

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Raju Kumar
Raju Kumar
Asked: 1 year ago

What were the major accomplishments during the Beta phase?

The Pi Network mobile app was launched on iOS and Android stores. The network grew to over 3.5 million engaged Pioneers. Active engagement was observed through the app’s home screen and chat functionality. Pi Network reached users in 233 countries and regions globally.

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Raju Kumar
Raju Kumar
Asked: 1 year ago

What is the distribution of the 100 billion Pi in the Mainnet supply model?

The community receives 80% of the total supply, with 65% allocated for mining rewards, 10% for community organization and ecosystem building, and 5% for liquidity pools. The Pi Core Team receives 20% of the supply.

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Raju Kumar
Raju Kumar
Asked: 1 year ago

Can I sell my Mainnet Pi Network coins?

You cannot directly sell your Pi Network coins on a traditional cryptocurrency exchange as of June 19, 2024. The Pi Network is still in its enclosed mainnet phase. There are however some things to consider:Peer-to-Peer (P2P) Transactions: You can attempt to ...Read more

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Raju Kumar
Raju Kumar
Asked: 1 year ago

Who are the founders of Pi Network?

Dr. Nicolas Kokkalis: Head of Technology, Stanford PhD, and instructor of Stanford’s first decentralized applications class, CS359B. Dr. Chengdiao Fan: Head of Product, Stanford PhD in Anthropological Sciences, specializing in social computing.

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Raju Kumar
Raju Kumar
Asked: 1 year ago

When will the Open Network phase begin?

The Open Network phase, which will allow external connectivity and trading on crypto exchanges, is expected to begin after the Enclosed Network phase. The transition date to the Open Network phase is dependent on the maturity of the ecosystem and ...Read more

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