Pi coin: What is it, how to trade, and why it crashed

Pi coin, the native crypto of the Pi Network is a project based on blockchain that focuses on making mining the coin easy for people through their mobile phones. Unlike other coins such as Bitcoin, which are mined using a powerful computer system, Pi coins can be mined easily using its mobile app without draining the phone’s battery.

A project by Stanford graduates Nicolas Kokkalis and Dr. Chengdiao Fan, the Pi Network on Thursday transitioned to an open mainnet from a closed one for investors to likely trade it on major cryptocurrency exchanges.