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API ID:

pi-network

Trade Symbol:

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Coin Overview

Pi

Coin

100 Billion

Mobile mining, Decentralized Apps

March 14, 2019

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Pi Network

Pi Network is a mobile-first blockchain project that lets anyone mine PI on their smartphone without draining battery power. For years, users accumulated PI as "Pioneers," and the network officially opened in February 2025, enabling transfers and external trading. It aims to build a broad, inclusive Web3 ecosystem powered by everyday people.


A Deeper Dive

Co-Founders (From left): Vince McPhilip M.B.A. / Chengdiao Fan Ph.D. / Nicolas Kokkalis Ph.D.
Co-Founders (From left): Vince McPhilip M.B.A. / Chengdiao Fan Ph.D. / Nicolas Kokkalis Ph.D.

Technology & Use Case

Pi Network is built around mobile mining and community engagement rather than heavy computation. Users participate by tapping in daily, and identity verification (KYC) ensures real people are involved. After launching its fully Open Mainnet in February 2025, PI became transferable and eligible for external trading.


Origins & Team

Pi Network was founded in 2019 by Stanford graduates Dr. Nicolas Kokkalis and Dr. Chengdiao Fan, along with Vincent McPhillip. It offered a mobile mining experience that required no expensive hardware or high energy use. The project has since grown into a global community of identity-verified “Pioneers” who helped shape it long before it became tradable. 


Ecosystem & Adoption

Pi Network emphasizes fairness and accessibility. Its in-house KYC system has verified millions of users to secure the network and prevent fraud. With mainnet fully open, the ecosystem is positioned for real-world use—though token value and adoption remain in early stages.


A Deeper Dive

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