‍#PI (Pi Network) is a type of Virtual Money. Here is some information about it:

Basic Situation

- Founded by a team of PhD professionals from Stanford University, aimed at creating a decentralized digital currency network that everyone can participate in.

- Unlike other cryptocurrencies such as Bitcoin, PI is obtained through "mining" on a mobile phone. Users only need to install the application on their phone and click once a day to "mine," which is relatively simple and easy to operate.

Development Model

- It adopts a multi-level marketing-like invitation mechanism, where users can increase their "mining" speed and earnings by inviting others to join.