PI Network is a long-term project since 2019, recently announced its launch on CEX OKX and also shows potential for release on the largest CEX Binance.
PI Network is one of the cryptocurrency mining applications introduced in 2019. The goal is to create an easy-to-use cryptocurrency network that can be mined on mobile devices without consuming traditional cryptocurrency energy like Bitcoin. Although the project has not yet obtained the mainnet and TGE, it has attracted a large number of users to participate in the project.
PI network
Binance opens community vote for PI network
Source: Binance Announcement
According to an announcement on the homepage, Binance has opened a poll to see if the PI network is the next item to be listed on the exchange. Voters must meet the following conditions:
- To calculate their votes, users need to be logged into their verified binary account and have at least $5 worth of assets in their exchange account.
- Each user will make one vote during the voting period, but they will need to maintain a balance of $5 from February 17 to 27, 2025.
- The daily results on the Binance Square channel are preliminary as the final count will be adjusted after the campaign is over to eliminate unqualified or invalid ballots.
About PI Network
The PI Network is a cryptocurrency project that allows people to mine Pi Coins (π) on their phones, unlike Bitcoin that requires a powerful computer.
PI mining is designed for easy battery and data usage. However, the PI network faces criticism because its large user base seems to be inconsistent with the actual usefulness or value of PI coins. Some people are worried about their economic model, control of the PI team and whether the project will last.
The network reports that it has up to more than 60 million users!
