Pi Network started on March 14, 2019, which is also the origin of the project name, pi.
Pi’s core team is led by two Stanford University PhDs and a Stanford MBA who have helped build the blockchain community at Stanford University. PI is a platform designed to create a cryptocurrency and smart contract that is protected and operated by day-to-day personnel.
Pi makes encryption mining easy, and breakthrough technology allows anyone to mine on mobile phones without draining the battery.
source: medium.com

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