What is PI

1. Project Introduction
Pi Network is a project designed to allow users to mine cryptocurrency via mobile devices. The goal is to make cryptocurrency more accessible by lowering participation barriers, enabling anyone to mine and earn Pi tokens through their smartphone. Pi Network claims to use a mechanism called the Stellar Consensus Protocol (SCP), enabling mobile mining without significant impact on device performance or battery life.
Summary: Pi Network aims to drive mainstream adoption of blockchain technology by making cryptocurrency more accessible through mobile mining.
2. Team & Investment Info
Team:
Dr. Nicolas Kokkalis: Head of Technology, with a Ph.D. in Computer Science from Stanford University, specializing in distributed systems and decentralized technologies.
Dr. Chengdiao Fan: Head of Product, with a Ph.D. in Anthropology from Stanford University, focusing on human-computer interaction and social computing.
Funding: No external funding disclosed.
3. Social Media URLs
X: https://x.com/PiCoreTeam
Telegram: https://t.me/PiNetworkDeFi
4. Token Info
Token Symbol: PI
Total Supply: Undisclosed
Token Type: Native to the Pi Network blockchain
Issuance/Burn Mechanism: Controlled by mining and halving mechanisms, with specifics to be released at mainnet launch.
For details, please refer to the white paper: https://www.pinetworkdefi.fun/pinetworkdefi.whitepaper.pdf
5. Related Links
Official Website: https://minepi.com/
Other Info: https://www.rootdata.com/Projects/detail/Pi%20Network?k=MzI5