Beta invite to join Pi Mobile crypto mining *new project!

in #crypto6 years ago

Pi is a new digital currency being developed by a group of Stanford PhDs.

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For a limited time, you can join the beta to earn Pi and help grow the network. Join in early!

To join Pi, follow this link https://minepi.com/nanaem and use my username (nanaem) as your invitation code.

Yes, it is a referral link, but you need one to join in. Also the crypto works in this way, team mining gives you more. simple.

What is Pi?

Pi is a new cryptocurrency that you can “mine” (or earn) from your mobile phone. Cryptocurrencies are new form of digital money that are maintained and secured by a community, instead of governments or banks. Today, you can mine (or earn) Pi by helping to secure the currency and by growing and supporting the network. While most cryptocurrencies (like Bitcoin) have been very hard for everyday people to use and access, Pi puts the power of cryptocurrency into the palm of your hand.

Does it drain my battery or data? How can I mine from my phone?
Instead of burning energy, Pi secures its ledger when members vouch for each other as trustworthy. This forms a network of interlocking “security circles” that determines who can execute transactions. This novel approach allows crypto mining on your phone by leveraging your existing social connections, with no financial cost, no battery drain and a light footprint on the planet. Read the technical section in our White paper for more accurate and detailed explanation.

How does earning team work? How does the referral work in the Pi app?
A person can only be added to their referror’s earning team, because one user can only join Pi once using one referrer’s invitation code. After each user joins, they can build their own earning team by having new people using their own referral code to join Pi. So each user’s earning team is different from others’. Unlike the security circles where people can be added into multiple users’ circles based on trust, and which provide the trust graph for the consensus algorithm, the earning team is the Pi ambassador program where each headcount in the world can only be claimed by one referror.

How do I increase my hourly earning rate?
Today, you can increase your hourly earning rate in two ways: (1) building a security circle and (2) inviting more members to join the network. The feature of building a security circle as a Contributor will be unlocked after 3-day mining as a pioneer (tap to prove being a human). Inviting more members to join the network as an Ambassador is available since you join, and each person who signs in using your referral code will give you both a 25% booster on your hourly earning rate, when both of you are mining.

Read more and find app at: https://minepi.com
FAQ and White paper can also be found in app.