Pi is NOT free money. It is a long-term project whose success depends on the collective contributions of its members. Pi is a new cryptocurrency for and by everyday people that you can āmineā (or earn) from your phone. Pi is not a scam. It is a genuine effort by a team of Stanford graduates to give everyday people greater access to cryptocurrency. This app allows you to earn Pi coins by making simple contributions to Piās community. The more you contribute, the more Pi you earn.
You do not need to leave the app open to mine. Pi does not affect your phoneās performance, drain your battery, or use your network data. Once you hit the lightning button, you can even close the app and you will continue to mine Pi.
As an Ambassador, you earn up to a 25% bonus on your base mining rate for each person you invite to the network. Becoming a Contributor allows you to earn more Pi by building a security circle of 3-5 trusted members. Today Pi is worth approximately $0 similar to Bitcoin in 2008.