Ever wonder if it's possible to be able to achieve getting crypto from your phone passively?
It is possible now with Pi network's introduction into the Pi Cryptocurrency. To be genuine, Pi is a cryptocurrency created by Stanford graduates to allow this kind of cypto to be widely available. Right now in it's beta stages with a million and change in people, the crypto is worthless.
However, the idea itself is solid gold. Starting from the beginning, you need to be invited to the initiative by a member in order to be able to join their beta process. Once you make it past that part, you need only your phone number and facebook account to be able to register into the network as another member. After, you need only do one thing once you're past the only two pieces of information that they ask for... Tap an icon and boom!
You're earning Pi!
Usually the question that arises when it comes to mining for a crypto is the energy cost and if you would need to keep the application they have open to continue earning. Nope! Once you tap the icon, you can close the application until the next day and check in again with a few taps to earn more Pi! The rate isn't super insane since you don't want it to become over abundant else it will eliminate any worth it may have in the future... however it is better than some of those Bitcoin 'faucets' out there that rely on referral programs. Usually the referral programs are never too strong but in the Pi network can contribute greatly into earning more of the Crypto over time.
As it stands now, you also cannot withdraw Pi. Read that again. One more time. Currently, due to the phase of the project (Phase 2 I believe) it has not yet hit the point where it is a decentralized blockchain. To be frank though, the best thing to be developed about this is that your phone also acts as the wallet to hold the cryptocurrency, meaning it's impossible to create bots in order to farm for more than just what one account achieves. Pi bases itself off of it's user base being able to contribute to it's network in growth along with the services that users may be able to provide to each other one day through the exchange of goods.
If you feel like you have any more questions and want an in-depth view into what it is that is exactly being done by the utilization of Pi as a cryptocurrency, the Stanford graduates have published through the network every bit of information for their plan along with an FAQ to help answer more than just the simple questions we as crypto hunters may have!
If you're interested in being able to earn this new crypto and experience more than just the hourly check back those nasty faucets have...
Go to https://minepi.com/Arkscythe I was lucky enough to secure a spot and have made it rather easy to join! Use the invitation code Arkscythe and join the Pi initiative.
After all, much like Pi... our power as users can grow to be infinite!
Stay classy Hunters...
Your friend, Ark
