An Overview of Pi Network’s Supply and Value

Pi Network is a mobile-focused cryptocurrency and developer platform that allows users to mine Pi coins without draining their battery. With an estimated 3 billion Pi in circulation, the native asset of the Pi Network is driving the project forward with the participation of Pioneers who have migrated to mainnet and engaged in KYC applications and Testnet Decentralized Applications (dApps).

The Pi Network’s maximum total supply is 100 billion $PI, with 80% held by the Pi Community and 20% owned by the core team. The blockchain explorer shows 1.97 billion $PI have already been migrated to mainnet and 1.29 billion $PI are locked up by Pioneers. Currently, the Pi coin (π) has no monetary value, valued at 1π = 0.00 USD.

Buying, Selling, and Trading Pi

As Enclosed Mainnet is currently in effect, buying and selling Pi is not allowed. Pi Network policy states that any violations will result in action from the Core Team. However, within the Pi Network, Pioneers can use Pi for P2P transactions to buy or sell goods and services. Once Open Mainnet is launched, Pi may be listed on exchanges, allowing it to be traded against fiat currencies.

Conclusion

Pi Network’s native asset is yet to reach its full potential. The market will determine the value of Pi once KYC-ed accounts are moved to mainnet and dApps for buying goods and services are launched. Pi remains in Enclosed Mainnet and it is important to remember that the Pi Network is not affiliated with any exchange listing, and any participation in unauthorized listings could result in losses.