How Word-of-Mouth Powers the PI Network Ecosystem
16/05/2025The Debate: Is PI Network Too Good to Be True?
16/05/2025How Word-of-Mouth Powers the PI Network Ecosystem
16/05/2025The Debate: Is PI Network Too Good to Be True?
16/05/2025Using Your PI Journey to Inspire New Users
Using Your PI Journey to Inspire New Users
Your personal journey with PI Network can be a powerful tool to educate, motivate, and inspire others. By sharing your real experiences, you create authentic connections that help new users feel more confident about joining and participating in the network. Here's how to use your PI story to make a meaningful impact.
1. Share Why You Joined
Start by explaining what drew you to PI Network. Was it the ease of mobile mining, the vision of a decentralized currency, or the opportunity to be part of an early-stage crypto project? Sharing your “why” helps others relate and find their own reasons to get involved.
2. Talk About Your Learning Process
New users may feel overwhelmed at first. By describing how you learned about mining, security circles, and the overall ecosystem, you show them that it's okay to start with little knowledge. Encourage curiosity and learning by showing that everyone starts somewhere.
3. Be Honest About Challenges
Not everything goes smoothly, and that’s okay. Share any doubts, technical issues, or misunderstandings you had along the way. Being transparent about challenges and how you overcame them builds trust and encourages resilience in new users.
4. Highlight Progress and Milestones
Celebrate the small wins — reaching a mining streak, building your security circle, or seeing your first transaction on Testnet. These milestones show growth and commitment, and they help others see the long-term value of staying active in the network.
5. Use Visuals and Screenshots
If you're sharing your story on social media, a blog, or a video, include screenshots or visuals of your journey. This could be your mining stats, app features, or key updates. Visual content adds credibility and keeps your audience engaged.
6. Focus on the Bigger Picture
Remind your audience that PI Network is about more than just mining coins. It’s about building a decentralized economy and giving people access to financial tools they might not have otherwise. Show how your journey connects to the project’s greater mission.
7. Encourage Others to Start Their Own Journey
Inspire others by inviting them to start their own PI story. Offer to help them understand the basics, answer their questions, and support their first steps. A personal invitation goes a long way in building trust and excitement.
Conclusion
Your PI journey is unique and valuable. By sharing it with honesty and enthusiasm, you not only inspire new users to join, but also strengthen the community as a whole. Let your experience be the spark that lights someone else’s path in the PI Network.
What Is Pi Network?
Pi Network is a social cryptocurrency, developer platform, and ecosystem designed for widespread accessibility and real-world utility. It enables users to mine and transact Pi using a mobile-friendly interface while supporting applications built within its blockchain ecosystem.
Who Are the Founders of Pi Network?
Pi Network was founded by Dr. Nicolas Kokkalis and Dr. Chengdiao Fan, both of whom have PhDs from Stanford University and a passion for improving human lives through technology.
Dr. Nicolas Kokkalis is a Stanford PhD in EE and postdoc in CS with research on distributed systems and human-computer interaction. His work focuses on combining distributed systems and human-computer interaction to bring cryptocurrency to everyday people. As a strong and long-term believer of the technical, financial and social potential of cryptocurrencies, he is determined to move them beyond their current limitations and is committed to bringing the power of blockchain to more people.
Dr. Chengdiao Fan holds a Stanford PhD in Anthropological Sciences, harnessing social computing to unlock human potential on a global scale. Chengdiao is building Pi Network to mobilize individuals all over the world to participate and be rewarded for their contributions, and establish an inclusive ecosystem for global citizens to unleash and capture their own agency, and in turn create utilities and productions for society and the world.
Supply Model and Mining Mechanism
The Maximum Supply of Pi is 100 billion tokens. The Maximum Supply is comprised of the following:
- 65 billion tokens (65%) for all community mining rewards
- 10 billion (10%) for foundation reserves
- 5 billion (5%) for liquidity purposes
- 20 billion (20%) for the Core Team
Each allocation tracks the community Migrated Mining Rewards issuance pace, so the proportions of each allocation in the total supply remain the same at any given time.
The Effective Total Supply of Pi allocates Pi proportionally the same as the Maximum Supply. It can be calculated by dividing the current Migrated Mining Rewards of Pi on the Mainnet blockchain by 65%. Other allocations are then calculated based on this proportion.
Circulating Supply includes all Migrated Mining Rewards and tokens that entered circulation from other allocations, which can sum up to equal the Effective Total Supply.
Mining rewards are distributed using an issuance formula following a declining exponential model. Users can increase their rewards based on contributions such as Security Circles, using Pi apps, and running Nodes. The monthly mobile balance distribution is capped by a base mining rate that decreases over time. Real issuance depends on users completing KYC and migration, which affects the actual amount of Pi issued. Therefore, the Effective Total Supply will likely remain lower than the Maximum Supply.
Ecosystem and Adoption
Pi Network has built an integrated ecosystem for real-world transactions and decentralized applications. Pi can be used for goods and services, including online and physical businesses.
Users engage with apps in the Pi ecosystem through the Pi Browser. Events like PiFest 2024 showed growing adoption, with over 27,000 active sellers and 28,000 test merchants in 160 countries.
Compliance and Identity Verification
Pi Network implements a one-account-per-person policy using Know Your Customer (KYC) solutions. This combines automation and human verification to confirm user identities while protecting privacy.
The KYC process ensures participation by real individuals, reduces fraud, and supports fair mining. The system balances scalability, security, and accessibility to allow millions of users to validate accounts while maintaining regulatory compliance.
How To Sell PI Network
- Open the PI Network Exchange Website
- Select PI/USDT or PI Network/Tether and press the "Exchange Now" button.
- Enter the payment method you wish to accept.
- Enter some PI Coins you want to sell.
- Enter your USDT wallet / Account ID as the recipient.
- Enter your PI wallet, to speed up the verification process for coins received by us.
- Click the "Submit" button.
- Send your PI Coin according to the instructions given.
- You will receive USDT.
