I've been mining Pi on my phone for about a year. I think it is like a speculative pre-coin. By which I mean it has 0 value now, but may be tradeable sometime in the futuur.
Does anyone know more about it? Also if anyone wants to get in on the ground floor of this pyramid scheme I can send you a link to join. It uses basic social networking stuff so the more people in your network the faster you mine.
As near as I can tell the only down side is turning the app on every day.
1,000🏅 Top traders
| # | Name | Total profit |
|---|---|---|
| 1 | Ṁ91 | |
| 2 | Ṁ57 | |
| 3 | Ṁ3 | |
| 4 | Ṁ2 | |
| 5 | Ṁ2 |
While this coin is definitely and extremely obviously a scam. At least two exchanges are trading it. One of them is huobi, which is currently the 10th largest bitcoin exchange. So I would say that both criteria for this question have been met. It's certainly being traded on exchanges, and i would say that gives it some 'value'.
Also, the title says "by the end of the year" which is different from "at the end of the year". I take the title to mean "if at any time before the end of 2023" the coin has some value/is listed on an any exchange.
So, @DanSparkman please resolve.
https://www.huobi.com/en-us/asset-introduction/details/?currency=pi
https://www.huobi.com/en-us/trade/pi_usdt
https://www.bitmart.com/trade/en-US?symbol=PI_USDT&layout=pro
Let me rain on your parade: it's either a scam or entirely useless. For one, it's been in the same state for as long as I can remember, with no promise of actually being able to transfer it. Secondly, the idea of mining on your phone is absurd--the best smartphone chips are leagues behind a desktop computer. Plus, how does mining relate to referrals? Any actual blockchain based on referrals would be subject to a sybil attack.