PI Network Cryptocurrency: Expected Value, How To Invest And Make Money
How good is the Pi Network cryptocurrency? What is the expected value going to be? What does it do differently to other mobile cryptos?
PI Network is one of the most popular social media Apps for people interested to invest in Cryptocurrency. They have a new Cryptocurrency with the name of "PI Network" which you can get for free till now. Its expected price or we could say an expected value of PI Cryptocurrency is still needs to know.
In this article we will discuss the following things in Detail; First, we will discuss what is PI Network Cryptocurrency? then we will discuss how you can earn PI network Cryptocurrency, then we will discuss what is the expected value of the PI network and you can invest in this new cryptocurrency and at the end, we will discuss; Is PI network is legit or a scam?
What is PI Network Cryptocurrency?
A lot of people are considering PI cryptocurrency as free money but instead, it isn't free money. The coins or the number of PI's you have to depend upon your social contribution. PI Network has over 1 million users to date which makes it the most famous social media platform. Some people are more interested in making money through quick ways and the PI network isn't the one where you could make money in one night.
PI is a new cryptocurrency in the market. You might know that there are a lot of other types of cryptocurrencies out there like Bitcoin, Ethernum, and Dogecoin, etc, The whole business model works on the mining of cryptocurrency principles. If you don't have the money to invest but a well to make some PI coins, then these are the right coins to invest your time and make some PI coins.
How to earn PI network Cryptocurrency?
Here is a step by step process to earn money from PI network cryptocurrency.
- If you have an android or Apple phone. Go to the Playstore or App Store and install the PI network app.
- You will make an account and start contributing to the community.
- Boom!, the more you contribute to the PI network community, the more PI coins you will make.
- Your earning potential will increase as you are contributing and more time is passing.
- Boom!, you are acclimating PI coins which you withdraw to your bank account, maybe at the end of 2021.
The expected value of the PI network isn't in the public record now.
To understand the whole process of how PI works, you can watch this video.
What is the expected Value of PI Network Cryptocurrency?
The PI network cryptocurrency isn't available to withdraw. You can just earn it and when you have an account, you can increase the numbers of your holding PI coins. Back then in 2008, when Bitcoin was launched it was available to everyone for free for $0 or euro 0. You just have to mine or own it. The same thing is happening with the PI network Cryptocurrency.
The three biggest hurdles they are facing is; to make it accessible for everyone, they increase the security of this cryptocurrency and have an infrastructure to digital currency and marketplace. This means the PI coin will have a trading value in the future.
How to invest or make money on PI Network Cryptocurrency App?
To make money on the PI network, you just have to install the App and start interacting with the community. Technically, you will not make money but instead, you will get more PI coins. You can't withdraw PI coins now but when you do your PI coins will be converted into the rate at which it is trading and later you will get paid. You will get paid the Phase 3 of this project. Phase 1 of this project was launched on PI day.
When will Pi be worth something? When can I turn Pi into “real” money?
When phase 3 of this project is launched you will have two choices;
- You will be able to purchase anything in the PI app marketplace like buying something in the PI app.
- Converting your PI coins to flat money like dollars, euros, or Rupees.
PI network is also building a P2P service that will enable you to buy anything in the PI app using the PI coins you have. You can buy items on Amazon or can pay for your Netflix subscription all through the PI network app and using the number of PI coins you have.
You can also convert your PI coins based on the expected value or the value which the PI coins are trading and converting it to dollars, euros, or any flat currency.
Is PI Network is legit or a scam?
PI isn't a scam. It is legit. It is run by a team of Stanford University to give everyone the opportunity to earn cryptocurrency. The team behind PI cryptocurrency is run by two Stanford PhDs and one Standford University MBA. The main menu in the App gives an overview of the team behind this cryptocurrency which makes it a network we could trust.
PS: PI Network Cryptocurrency:
Following are some of the things that we have learned in this article;
- It is a cryptocurrency that is currently free for everyone but you have to do social interaction inside the app in order to get it.
- In order to make PI coins, you have to install the App on your mobile phone and interact with the community.
- You can withdraw PI coins onto your bank account or can convert PI coins into flat currency. You will be able to do that at the end of this year 2021.
- There is no value in this cryptocurrency. The expected value of PI coin cryptocurrency is somewhere between $1 to $2 but remember that Bitcoin also started with a similar price and now trading at $34,000 a coin.
- PI network is completely legit and as an authoritative coin.
I have read a lot of answers published on this Quora thread: How good is the Pi Network cryptocurrency? What is the expected value going to be? What does it do differently to other mobile cryptos?
As you can see we have studied what is PI network cryptocurrency and what is its expected value going to be. Now, let's discuss how it is different from other cryptocurrencies?
This cryptocurrency has a reputable team behind it and has a business model that might be successful in the future. I think, if you are reading this then you should invest some time into this app but making some PI coins. After 4 to 5 years, they might be selling at the rate of $100 a coin or even more.
I hope this helps.