Pi Network (PI)

Pi Network is a cryptocurrency project designed to make digital currency accessible to everyday users without requiring expensive equipment or specialized knowledge. The coin, known as Pi (PI), is earned by users tapping a button in a mobile application once daily. This mechanism allows individuals to accumulate digital assets on a shared digital record book known as a blockchain.

Origins and Technology

• Founders: The project was established by Stanford University graduates, Dr. Nicolas Kokkalis and Dr. Chengdiao Fan.
• Launch: The application was first launched in 2019.
• Technology: It utilizes a protocol with a maximum supply cap of 100 billion coins.
• Development: After years of operation as a closed test, the public blockchain opened in early 2025.
• Goal: The initiative aims to simplify cryptocurrency participation, making it feel as easy as a daily game rather than a technical challenge.

By removing the need for powerful computers and high electricity consumption, Pi Network attempts to lower the barrier to entry for learning about and using digital money.