A group of Stanford graduates have developed a cryptocurrency that you can mine on your smartphone. The app is available on the Apple App Store and via Google Play.
Use the invitation code "DrPie" and then start earning Pi Coins FREE!
Is Pi the next Bitcoin? Time will tell, but the network is growing fast. Early adopters of Bitcoin made fortunes because it was so easy to mine in 2011-12. Now a Bitcoin is worth over $10,000. The first million users get rewarded at a higher rate than those who join later. At some point mining will stop, but the early adopters will have the benefit of owning the coins for free. This is an intriguing model to distribute cryptocurrency an build the ecosystem. Who knows how much it will be worth in the future. Bitcoins were worth less than a penny in 2011! The Pi Network launched in March of 2019 and there are now over 500,000 users in 6 months. The app is free an you can mine Pi coins on your smartphone. According to the FAQ on the site, "Pi does not affect your phone’s performance, drain your battery, or use your network data"