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Pi Network

Launched in 2018 by Nicolas Kokkalis and Chengdiao Fan, Pi crypto was invented as an attempt to simplify the accessibility of cryptocurrency and introduce more people to it through a simple crypto mining and management system. The most appealing feature of Pi cryptocurrency at launch was its mobile mining feature. Using the Pi mobile application, users could mine Pi coins on their mobile devices.
What is Pi Network?
Pi Network is a blockchain project that enables users to mine cryptocurrency through a mobile app, aiming to make digital currency accessible to everyday people without specialized hardware or technical knowledge. Officially launched on March 14, 2019, Pi Network has grown into a community of tens of millions of engaged members worldwide.
How Does Pi Network Work?
Pi Network utilizes the Stellar Consensus Protocol, allowing users to mine Pi by verifying their presence daily through the mobile app. Users build trust circles by nominating 3-5 reliable contacts, creating an interconnected web of verified members. These connections form a global trust graph that helps secure the network and validate transactions without massive computing power.
What Makes Pi Network Unique?
Pi Network stands out by enabling mobile-based participation, allowing users to mine Pi without draining battery life or consuming excessive energy. Its trust-based validation system replaces traditional proof-of-work mechanisms, making cryptocurrency mining more accessible and environmentally friendly. Additionally, Pi Network is developing a decentralized application (dApp) ecosystem where Pi functions as a medium of exchange for various transactions.
Who Are the Founders of Pi Network?
Pi Network was founded by Dr. Nicolas Kokkalis and Dr. Chengdiao Fan. Dr. Kokkalis, Head of Technology, holds a PhD from Stanford University and has experience teaching decentralized applications at Stanford. Dr. Fan, Head of Product, also holds a PhD from Stanford and has a background in human-computer interaction and social computing.

Latest News

What Key Events Have There Been for Pi Network?
On February 20, 2025, Pi Network transitioned to its Open Network phase, allowing external connectivity and enabling Pi coins to be traded on various cryptocurrency exchanges. This milestone expanded the utility of Pi, facilitating real-world transactions and the development of decentralized applications within its ecosystem.
Project Announcements
Following the Open Network launch, Pi Coin has been listed on major cryptocurrency exchanges, including OKX, Gate.io, Bitget, and CoinDCX. This development allows users to trade Pi Coin on these platforms, enhancing its liquidity and accessibility.

Upcoming Events

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Projects Announcements

Where to Buy Pi Network?
Pi Network coins are available for trading on several cryptocurrency exchanges, such as OKX, Gate.io, and Bitget.
Pi Network Price
Daily Trading Volume
$77.85 million
All-Time High
$2.98 on February 26, 2025
All-Time Low
$0.4012 on April 5, 2025
Market Cap and Valuation
Market Cap
$3.78 billion
Fully Diluted Valuation
$49.54 billion
Pi Network Price Prediction
As of now, there are no available forecasts from reliable experts or publications regarding the future price of Pi Network. The token's value will depend on factors such as market sentiment, adoption rates, and the development of its ecosystem.

FAQ

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Disclaimer and Risk Warning: Some content on this page may be assisted or generated by AI and is for general reference only. For the most accurate and updated information, please refer to the official website of the project. Bitget Wallet values every partnership. If you notice any issues or inaccuracies, feel free to reach out to us at [email protected] — we appreciate your feedback and will make improvements where needed.