Is Pi the next-generation of crypto?

DO NOT miss this free crypto opportunity!

By BrynnB | The Modern Crypto Man | 20 Sep 2020


As I've mentioned in previous articles, due to my lack of interest in bitcoin back in 2013, I am now kicking myself. Hard. So when the chance for essentially "free crypto" comes up, there's no way I'm going to miss it! Enter our new competitor - the Pi Network.

As those involved in the crypto community, I'm sure you've heard of or are even a part of the Pi network. Pi is a cryptocurrency that, unlike BTC or ETH, is mined solely from mobile phones. There have been many attempts at creating something like this before, but all have failed. Pi doesn't work on proof of work, but on network security. The more people (actual people, not fake accounts) you introduce to the network, the more you are rewarded. Through a daily verification, you activate your mining of Pi. Keep in mind though, multiple accounts won't work. The KYC aspect of Pi is quite heavily focused, and to withdraw your Pi at a later stage, you will only be able to do it after KYC verification. 

So what's it worth? Well at this point - nothing. Yes, I know. Another "useless shitcoin" I can hear you mutter. But in actuality, the Pi network currently has over 8 MILLION engaged users. That's almost a quarter of all bitcoin wallets in existence currently. For a project only a year or two old, I'd say that's a pretty great step towards adoption for crypto. To be fair, many users sign up with the expectation that it's "free money", which it may very well be, but at this point, the currency is not listed on any exchange. Thus, there is no market value attached to it. However, there are plans to have it listed in the near future.

Once it does list, any Pi you have essentially becomes free money (like that UNI drop that broke the Ethereum network this week). The app is free to use and incredibly easy to set up, so what are you waiting for?

27bd196f47f21f954a2d65a5e486aef37ed11ac400073a920898ea6b9d208d60.png

I am sending 1 Pi to everyone who uses this link to try the platform! At this point, the mining algorithm is close to being halved, so join while you can to take full advantage of the system while it's still going. If you want to check out their white paper or just find any FAQ, you can visit their website here. For a really well written deep-dive, check out a fellow Publish0x authors article on it (special thanks to Part Time Economist) - Pi Full Article


❤️ If you enjoy tech/entrepreneurship, I have a small YouTube channel and would love your support! ❤️

YouTube || Instagram || Behance


Sponsored Links:

  • HoneyGain - Make money sharing your internet connection! ($5 w/link)
  • BlockFi - Safely lend your crypto and build interest ($10 w/link)
  • Mudrex - Invest your crypto safely right from an exchange (verified secure)
  • TipNano - Free NANO every 2 hours (verified secure)
  • Luno- Efficient & safe wallet for buying/selling, especially for South Africa ($2 w/link)

Some of my other articles

Thanks for reading! If you enjoyed this short article, please follow me for more regular crypto content. If you are wanting to become a blockchain developer, follow my Blockchain Dev blog! Thanks for all the support. Remember, this isn't financial advice - just for entertainment!

BTC Donations are not required, but always welcome! Struggling writers unite! 3GKBrNq4QotoC2qT2xUZ4bwD2LGBk7atMM 

#crypto news #technology #business #adoption #money

 

How do you rate this article?

2


BrynnB
BrynnB

Young entrepreneur from South Africa, looking to become a blockchain developer.


The Modern Crypto Man
The Modern Crypto Man

Here we will discuss all things crypto! Price predictions, coin reviews, exchange listings and so much more!

Send a $0.01 microtip in crypto to the author, and earn yourself as you read!

20% to author / 80% to me.
We pay the tips from our rewards pool.