Pi Network Price Prediction 2021, How to Mine PI Coin, Invitation Code, App
What is Pi Network?
Pi Network is most talked upcoming blockchain project, which can be mined using your Smartphone without draining your battery or no need to keep open PI Network Application on your phone. to start mining user need to follow a few steps, just install the application and turn on the mining button. recently project started running a test net, where more than 250K users installed node, but the only node with Docker Validation can validate a transaction on Testnet.
Most users trying to increase number referral for that you need to send a referral request to your friend, family, or any other. so in simple words, if you have a higher number of referrals then your per hour PI Coin mining rate will be higher. This project was launched on 14th March 2019 and almost also complete 1 year in the blockchain industry. Pi Network App complete 5 million downloads on Google Play Store with an average star rating of 4.6 out of 5, as PI Network has 7+ million active mining member.
| Cryptocurrency Name | Pi Network |
| Ticker Symbol | Pi Coin |
| Pi Network App Link | minepi.com |
| Invitation Code | Mannkol |
| Expected Price | USD 0.16 |
| Current Price | USD 0 |
| Platform | Blockchain |
| Available on | Google Play Store, Apple App Store |
| Phase 1 | Started on 14th March 2020 I.e. Launching Date |
| Phase 2 | Building Infrastructure and Blockchain |
| Phase 3 | Trading Available i.e. Price started displaying. |
Contents
How Pi Coin Price Will Decided?
Recently Pi Network App started showing Ads from Google Adsense that will help them to earn some bucks to be added in their market cap volume. The million of a member who is having thousand of Pi Coin wanted to know how the price will be decided of Pi Network.
- Deciding Price will be the same as Bitcoin.
Before Bitcoin was launched mainnet the mined Bitcoin has no value in 2008, as starting price of Bitcoin was USD 5.27 after it launched and the reported value of Bitcoin from Coinmarketcap was USD 143 on 29th April 2013.
- in Phase 3 Prices Actually Show up
Right now, we are in Phase 2 in which building of blockchain and consensus algorithm just started, before the main net launched to validate a transaction, it will be tested with a number of the developer in test net for which they will be rewarded some amount of coins.
- Price may depend on the number of an active user.
officials strictly mentioned in their Q&A that Pi network have zero value as of now and also quoted that after main net launch prices will be more dependent on several user and validators.
Pi Network Price Prediction
Many of miner who had thousands of PI Coin in their wallet and some of them was mining this cryptocurrency since march 2019 which is more than one year desperately wanted to know what will be the price of PI Coin as basically if you open the app you will get a mathematical sign of PI whose value is 3.14, so many of predictor is saying this will be the price, but PI network keeping this secret to keep buzzing and increasing number of download, as per official social media handle more the creation of coin or the App download will be the price of Pi Network, as per Trading platform Changelly who predicted price USD 0.16 for 2018 and $1 for the year 2020, as we already in the 2020 year so this value might not be true because most of the user holding more than 100k Pi Coin in their wallet and if the value of a coin is equal to USD 1 then they will get USD 100k after coin get indexed.
Pi Network Price Prediction 2020
The concept behind Pi Network very simple they wanted to eliminate Paypal and another payment method which charge you higher transaction fees, so with Cryptocurrency platform, they wanted to change the ecosystem of the worldwide transaction with entry third party and as number miner is reportedly decreasing since 2018 after Bitcoin prices go up there is difficult to mine most of the cryptocurrency, so most of the miner searching for new coins whose value is lesser than USD 1, as Pi Network indexing date still unknown which means it will be listed on the trading platform to buy with the specific price so there is no official date is announced by an official, as most of the miner still waiting for the date of indexing as after completing one year this should be the time to get indexed on coinmarketcap.com with some pricing.
How To Mine Pi Network Coin.
- Step 1: Go To Minepi.com then decide your Operating System i.e. Apple or Andriod
- Step 2: Download and install Pi Network App on mobile phone
- Step 3: login into account with Facebook id or Phone number with choosing country code
- Step 4: Enter your password and confirm it
- Step 5: Enter Invitation or Referral Code: Mannkol (this code is compulsory and using this you will get 1 Pi Coin as a bonus)
- Step 6: Follow Auto Steps by App and just turn on Mining
- Step 7: Refer to your friend to increase Per hour Pi Coin.
- Note: you can close application no need to keep open.
Pi Phase 2 Strategic announcement made on 14th June 2020, where the platform will be launching Platform API, Node and Scaling Backend.
Platform API: Pi Network Core team successfully integrate multiple iterations on the Pi Apps Platform, in which they have launched first-ever Api based App i.e. FeverIQ. currently, the prototype is already live in the app, as there is no bug and transfer issue reported. Pi Platform API is currently running testing mode and in future, it will be available for the developer of the community, as a member need to apply for accessing API, so they can start building Pi Apps in Q3 of 2020.
Node: we already provide an update on Node, as of writing today contributor working on enabling node interface to run docker container for running blockchain successfully. it means the network will swap current docker container to activate a docker interface for the network. KYC slot for supernode and node candidate will be available as per schedule, as the team wanted to add more pioneers in future.
Scaling Backed: The network will be adaption new infrastructure and movie to a newer database, which will be improved better user experience of the community member. The new infrastructure will help to eliminate service disruption of Pi Network App, as Lite mode will be live to that allow users to perform a basic operation such as login, mine without any complete service outrage.
Pi App Platform
Recently Pi has introduced their most awaited product Pi Apps Platform in beta version(means initial user acceptance testing phase) full proof version is yet to launch officially. Many developers from including from Pi Community and other developer community were eagerly waiting for this 2nd Phase of Pi Network. With the help of this “Pi Apps Platform” developers can start developing mobile or desktop application which will integrate “Pi” as the primary currency for transactions or payments. Also, this “Pi Apps Platforms” soon support third-party application to use their “Pi” currency as a payment method. For example, you may be soon able to pay on Amazon(online) or local shops(offline) using Pi Currency.
The ultimate goal of Pi Community is a too decentralized ecosystem, that’s why company allows different kind of developers such as HTML, Java, CSS to come together and build simple but awesome applications. Only KYC’ed Pioneers can pay developers who are providing service using their Pi application on this Pi Apps Platform. “Pi SDK” is the tool you will need to use to integrate Pi currency over Pi Applications platform.
How to Create apps using Pi Apps Platform
To start building or developing and later deploying application you will need to submit your details like your name, country, technology, team size(if in case you are having team) etc details using google form available on Pi mobile application. Along with that you can simply build and deploy “demo app” using Sandbox provided for testing provided on the official website.
Pi Network FAQ
When did Will Pi Network Prices start Displaying?
Can Pi Network Worth more than USD 1
Can we Withdraw my Pi Coin?
Will Pi Coin become real money in the Future?
Where I can Store Pi Coin?
Is Pi Network is Legit or it is a Scam?
Pi Network Safe for my Smartphone?
Can Pi Network Reach USD 1 in 2020?
Pi Network
Summary
Comments
Post a Comment