BREAKING NEWS : Pi Network Delays Open Mainnet, Pi Coin IOU Price Drops - hokanews

$Pi price of the #PiNetwork will continue falling, if the @PiCoreTeam continue delaying the mainnet launch

#iceNetwork #Crypto #pepe

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It was very clear from the post shared by the Twitter account @icecoinnews in the post that it was explained that the decrease in pi coin IOU of -63.54% was due to CoreTeam delaying the launch of the pi network's main mainnet.

Although the delay is very disappointing, many people still have faith that the Pi Network project has great potential in the future.  CoreTeam Pi Network has promised that they will continue to work hard to resolve technical issues and take this project to the next stage.

What is pi coin IOU? 

The Pi Coin IOU (Initial Offering Unit) is a digital representation of the Pi Network cryptocurrency which is currently still under development, and has not yet been launched onto the main network.  In this early stage, Pi Network is introducing the Pi Coin IOU as an alternative to introducing the Pi Network cryptocurrency to the market.

As an IOU, Pi Coin is being sold as a representation of claims on the Pi Network cryptocurrency to be issued in the future.  In other words, the Pi Coin IOU is a promise to deliver Pi Coins when the Pi Network is rolled out to the main network.

To buy Pi Coin IOU, users can make purchases through the official platform provided by the Pi Network.  Purchasing Pi Coin IOU is currently only available to users who have successfully mined the Pi Network app and have a verified account.  The Pi Coin IOU price fluctuates according to market factors such as supply and demand, market volatility, official announcements from Core Team Pi Network, and other unpredictable factors.

However, it is important to remember that the Pi Coin IOU is only a digital representation and cannot be cashed out at this time.  Pi Network does not guarantee that the Pi Coin IOU will be cashed out in the future or that the Pi Coin IOU price will increase.  Purchasing Pi Coin IOU involves high market risk and before buying, be sure to do your research and understand the risks involved.