Cryptocurrencies

Text

What is the issue volume of PI coin? One article introduces the application scenarios of PI coin

The estimated issue volume of Pi Coin ranges from 25 billion to 100 billion coins, considering factors such as initial cap, staking earnings, developer ecosystem, and team allocations.

Oct 12, 2024 at 09:36 am

What is the Issue Volume of Pi Coin?

The exact issue volume of Pi Coin is not publicly available, as the project is still under development. However, various sources have estimated the potential supply based on information from the whitepaper and development team.

1. Pi Network Whitepaper

According to the Pi Network whitepaper released in March 2021, the initial supply of Pi Coin would be capped at 100 billion (100,000,000,000) coins.

2. Staking Earnings

Pi Coin miners earn coins through staking, which contributes to the overall issue volume. The whitepaper suggests that around 20% of the capped supply may be distributed to miners through staking over an extended period.

3. Developer Ecosystem

The Pi Network intends to foster a developer ecosystem where applications and services are built on its blockchain. Some of these projects may receive a portion of the Pi Coin supply to facilitate their development and integration into the network.

4. Allocation for Core Team and Advisors

It is common practice for blockchain projects to reserve a portion of the token supply for the core team and advisors who contribute to its development and operation. The Pi Network may follow a similar approach, but the exact allocation is unknown.

Estimation of Issue Volume

Based on these factors, various estimates for the potential issue volume of Pi Coin have emerged:

Low Estimate: Approximately 25 billion to 50 billion coins, assuming 20% to 50% of the initial supply is distributed to miners and developers.
High Estimate: Close to the initial capped supply of 100 billion coins, as a significant portion may be reserved for the core team and ecosystem development.

It's important to note that these estimates are subject to change as the Pi Network project evolves and faces practical challenges. The final issue volume of Pi Coin will likely be determined closer to its official launch.

Disclaimer:info@kdj.com

The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research！

If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.

Fear & Greed Index

Trade Now

Biggest Gainers

PHA

$0.2152

67.26%

Trade Now
FARTCOIN

$1.2042

62.12%

Trade Now
UXLINK

$2.5295

51.18%

Trade Now
HT

$1.0942

40.50%

Trade Now
PENGU

$0.0391

37.05%

Trade Now
AI16Z

$0.8747

36.96%

Trade Now

Latest Crypto News

Usual, Anzen, Resolv: Unveiling the Anchoring Mechanisms of Interest-Bearing Stablecoin Protocols
2024-12-25 08:40:01
Seasoned Trader Sees XRP Strongly Above $1 as ADA and LCAI Look to Steal the Spotlight
2024-12-25 08:45:21
Has the New York Police Department released the identity of a woman set on fire on a New York subway car as of December 24, 2024?
2024-12-25 08:30:01
Bitcoin (BTC) SOPR Metrics and Price Chart Offer a Mixed but Insightful Picture of the Market
2024-12-25 08:30:01
FARTCOIN Price Prediction: Can FARTCOIN Return to $1 Levels Soon?
2024-12-25 08:30:01
Bitcoin Miners Grapple with Unpredictability as Market Volatility Turns the Tables
2024-12-25 08:50:01

Related knowledge

What is the recommended storage wallet for Request (REQ) coins?

Dec 25,2024 at 07:02am

Key PointsUnderstand the storage options available for Request (REQ) coins.Evaluate the security features and user-friendliness of each wallet type.Choose the wallet that best meets your individual storage needs.Consider both hardware and software wallets, as well as custodial and non-custodial options.Regularly review your wallet security and update yo...

How does the market cap of Stella (ALPHA) coin compare to other meme coins?

Dec 25,2024 at 09:18am

Key PointsMarket capitalization of Stella (ALPHA) compared to other meme coinsFactors affecting market capitalizationProspects for Stella (ALPHA) market capitalizationFrequently Asked QuestionsMarket Capitalization of Stella (ALPHA) CoinMarket capitalization is a measure of a cryptocurrency's total value and is calculated by multiplying the number of co...

How xMoney (UTK) coins are generated

Dec 25,2024 at 04:40am

Key Points:Understanding the xMoney (UTK) EcosystemMining UTK through Proof-of-WorkEarning UTK through StakingAcquiring UTK via ExchangesAlternative Methods for UTK AcquisitionHow xMoney (UTK) Coins are Generated1. Understanding the xMoney (UTK) Ecosystem:xMoney (UTK) is a privacy-centric cryptocurrency that leverages zero-knowledge succinct non-interac...

Maple Token (MPL) Coin Introduction

Dec 25,2024 at 06:58am

Maple Token (MPL) Coin IntroductionKey Points:Overview of Maple Finance and its innovative lending platformFunctionality of the Maple token (MPL)Tokenomics and distribution of MPLPotential risks and opportunities associated with MPLFAQs related to Maple Token and Maple FinanceOverview of Maple FinanceMaple Finance is a decentralized lending protocol tha...

Inventory of the top Stella (ALPHA) currency trading platform apps

Dec 25,2024 at 07:04am

Key Points of the Article:Ranking of the Top Stella (ALPHA) Currency Trading Platform AppsStep-by-Step Guide to Choosing the Best Stella (ALPHA) Currency Trading Platform AppIn-depth Analysis of the Key Features to ConsiderEvaluation of Security Measures and RegulationsFAQs on Stella (ALPHA) Currency Trading Platform AppsRanking of the Top Stella (ALPHA...

Is it safe to buy Request (REQ) coins on decentralized exchanges?

Dec 25,2024 at 09:36am

Key Points:Understanding decentralized exchanges (DEXs)Evaluating security measures on DEXsIdentifying risks associated with DEXsDetermining the safety of buying REQ coins on DEXsContent:1. Understanding Decentralized Exchanges (DEXs)DEXs are peer-to-peer marketplaces where users can trade cryptocurrencies directly with each other, without the need for ...