{"name":"Pi Network","symbol":"Pi®","description":"Pi Mainnet℠\r\n\r\nUsers can \"mine\" Pi coins by tapping a button in the app to confirm their activity \r\nUsers can earn more coins by inviting others to join the network using their referral code \r\nPi coins are stored in the app and cannot be withdrawn, sold, or exchanged for other cryptocurrencies \r\nFeatures\r\nPi Network uses a mobile meritocracy system to secure transactions \r\nPi Network's energy-efficient approach to mining has been highlighted in comparative studies \r\nPi Network's \"Open Network\" launch on February 20, 2025, will allow users to carry out transactions with other platforms \r\nConcerns\r\nSome have raised concerns about delays, data privacy, and the project's referral-driven growth model \r\nThe project has faced scrutiny in China, with allegations suggesting it operates as a multi-level marketing (MLM) or pyramid scheme \r\nHistory \r\nPi Network was developed by a group of Stanford graduates and launched on Pi Day (March 14) in 2019","image":"https://cdn.dexscreener.com/cms/images/i87YGdnpQYaRqOG8","websites":[{"url":"https://minepi.com/","label":"Website"}],"socials":[{"url":"https://x.com/PiCoreTeam?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauthor","type":"twitter"},{"url":"https://t.me/PiAnnouncements","type":"telegram"}]}