Impact of PI Network (PINET) And PINFT Over Premium Domain Parking

Abstract

Pi Network is a cryptocurrency project that aims to create a decentralized network for digital currency transactions. It was created by a team of Stanford graduates and launched in 2019. Unlike traditional cryptocurrencies like Bitcoin, Pi Network does not require mining and instead allows users to earn Pi coins by participating in the network and validating transactions. To earn Pi coins, users need to download the Pi Network app, create an account, and start mining. Mining on Pi Network is done by simply opening the app once a day to confirm that you are a real person and not a bot. This process is designed to be energy-efficient and does not require the use of computational resources like traditional mining. Pi Network is still in the development phase, and its future success will depend on its ability to build a strong and active community. It is also observed that NFTs are also used to promote the Pi Network could be a creative way to engage the community and generate interest in the cryptocurrency. These NFTs could represent unique digital assets or experiences related to the Pi Network ecosystem, such as exclusive access to events, special features within the Pi Network app, or even limited edition digital collectibles. By leveraging NFTs, the Pi Network could potentially attract more users and create a sense of exclusivity and value within its community. It could also provide a new way for users to participate in the network and be rewarded for their contributions. Present research is presenting impact of popularity of PINET and PINFT over premium domain parking.