PIIN leads to Pi Network
A vigorous dark horse on the road to success
The next 100-fold opportunity on the Bitcoin inscription track
As a hot spot in the crypto market, the inscription track has huge potential and importance.
With the development of the crypto market, the meme currencies represented by the Inscription Track have attracted more and more attention from investors, especially in the bull market.
The reason why the inscription track has attracted so much attention is, on the one hand, due to the maturity of the market timing, and on the other hand, it is inseparable from the potential and community support it represents. In the future bull market of the crypto market, the inscription track is expected to become one of the important tracks that investors pay attention to, and may bring rich returns on investment.
Therefore, we hope that through this article we can help you understand the origin, narrative and future potential opportunities of the Bitcoin Brc20 inscription token Piin.
Flywheel effect refers to the fact that in order to make a stationary flywheel rotate, you have to exert a lot of force at the beginning, pushing it round and round repeatedly. Each rotation is very strenuous, but each circle of effort will not be in vain, and the flywheel will rotate faster and faster.
After reaching a certain critical point, the flywheel's gravity and momentum will become part of the driving force. At this point, you don't need to put more effort, the flywheel will still rotate quickly and continuously.
Piin: The next hundred-fold opportunity in the Bitcoin inscription track

What is Piin?
Piin is an inscription token issued based on the Brc20 protocol on the Bitcoin chain.
From a technical perspective, Piin adopts the Ordinals protocol and the Brc20 protocol, which ensures the fairness of issuing tokens and obtaining tokens;
From the perspective of token economics, Piin is an inscription project initiated by the miners of the Pi Network community, with a total amount of 100 billion tokens, fully circulated in the market, and an unchangeable token economic model.
So this means that Piin is a Bitcoin Brc20 inscription token with a decentralized community at its core.
The origin and story of Piin
As the fable of Yugong moving mountains shows, firm belief and persistent efforts can create miracles. Behind the Piin inscription, there is also a similar Yugong spirit.
Piin was created spontaneously by the miners in the Pi Network community. In the past four years, 50 million users of Pi Network have devoted their time and energy to building the Pi network every day, hoping that the Pi mainnet can be launched as soon as possible, so that the Pi coins obtained from mining can be traded with other tokens to obtain actual value. However, to this day, the Pi mainnet has not been fully open sourced and launched, and Pi users cannot trade Pi coins. Some users are dissatisfied with the project and call on users to jointly supervise the development progress. However, after receiving repeated notifications of the extension of the mainnet opening, users can only be forced to accept the status quo.
Just as SHIB tells the story of retail investors uniting to fight against institutions, when some Pi users saw the opportunities provided by the brc20 inscription for the majority of retail investors, they spontaneously used the inscription technology to deploy the Piin inscription belonging to the Pi community.
Therefore, the name of Piin means "Pi inscription" (the inscription of the Pi community), and the Chinese name "派印" symbolizes the unique mark left by the Pi community on the Bitcoin network.
In line with the total supply of the Pi network, Piin is set to issue 100 billion Piin tokens. The use of the BRC20 protocol is intended to ensure that all Piin tokens can be directly circulated and traded in the market without being subject to many restrictions from the project party.
With a unique narrative and broad support from more than 50 million potential users in the Pi community, Piin attracted a lot of attention on the day of its deployment and completed 100,000 mintings in 1 day.
In addition, when many cryptocurrency players who were manipulated by institutions and dealers learned the story behind Piin, they also joined the ranks of promoting Piin. Therefore, Piin's narrative not only aims to release the consensus potential of 50 million miner users, but also turns into a social practice movement that unites the public from all walks of life.
The driving force behind the Piin flywheel effect: win-win for all parties
Achieve a win-win situation for all three parties in Pi Circle
As mentioned earlier, through the Pi Network project's five years of unremitting mining and network building, the Pi community has accumulated more than 50 million users with Yugong-like firm will and consensus spirit.
For Pi community users, the emergence of Piin can, on the one hand, serve as a medium for releasing the consensus power of the Pi Network mainnet, which has been delayed in its development, so that the consensus power of the Pi community can be realized through Piin to achieve high-value rapid monetization;
On the other hand, Piin can also serve as an important community driving force symbol to whip the Pi Network project and speed up the construction of its main network. Therefore, the Pi community Twitter, which has millions of followers, is also actively promoting Piin and endorsing Piin.

As an important force driving the development of the two projects, the miners in the Pi community can obtain two benefits together if they hold both chips at the same time, so this is a win-win situation for all three parties.

Therefore, this is what makes Piin different from other inscriptions in terms of meme narrative: Piin naturally comes with 50 million out-of-circle traffic, and Piin has official endorsement through the Pi network, which has greater advantages and possibilities for achieving the conversion of 50 million Pi circle users. From a practical point of view, Piin can also promote the potential for win-win development of the two ecosystems of the Pi circle and the currency circle.
Good for the Bitcoin network and miners
As a Bitcoin inscription token, if Piin can fully release the potential of 50 million out-of-circle traffic, it will bring a lot of transaction fees to Bitcoin blockchain miners.
According to the statistics of Brc20 on dune, as of January 27, 2024, the Brc20 inscription has brought a total of approximately 4,775 bitcoins in transaction fees to Bitcoin miners.

Therefore, in terms of fully unleashing the potential of the Pi community, this will be an important fee supplement after the Bitcoin mining reward is halved in April 2024. This is very beneficial for miners, and it can also play a certain role in ensuring the security of the Bitcoin network.
Good for centralized exchanges
For centralized exchanges, before the emergence of inscription tokens, the meme coin sector became an important traffic generator for exchanges with its low threshold, ease of use, high upper limit of increase, and obvious wealth effect, bringing a large amount of new traffic to the exchanges.
As an emerging category in the cryptocurrency market, inscription tokens have attracted widespread attention based on the technical characteristics of public issuance and fair casting: on the one hand, highly liquid head inscriptions (such as ordi, sats), With its technological innovation and market performance, it has produced a significant wealth effect and the superimposed effect of the Matthew effect, further attracting the attention of investors; on the other hand, the token price of the less liquid Inscription token in the market has It is easier to be pulled up, so it is also easier to attract widespread attention to book profit opportunities, thereby attracting new market participants to join. In addition, the emergence of Bitcoin Inscription has put forward higher performance requirements for the Bitcoin blockchain, further promoting the development of the Bitcoin ecosystem.
Therefore, Inscription tokens not only bring new traffic to exchanges, but also promote the innovation and development of the entire Bitcoin ecosystem. Therefore, Inscription has become an important track for major centralized exchanges to actively deploy and compete for advantages.
For example, the Web3 wallet section of OUYI has a special trading market section for inscriptions, and the Web3 wallet inscription section of Binance, the world's largest cryptocurrency exchange, is also under construction.
Not only is the inscription sector an important layout point for exchanges, but exchanges are also very much looking forward to inscriptions that have their own traffic in the inscription track, and are even willing to list them directly. For example, ordi and sats, which attracted a large amount of traffic through obvious wealth effects in the bear market, have entered the spot and contract trading sectors of major exchanges respectively.
Piin naturally has 50 million external traffic. Once the number of Piin coin holders reaches a certain critical point, the exchange will support it and generate further wealth effects. Piin's own traffic potential is more likely to be released, which will also bring a large number of new users to the exchanges that support Piin. The core value source of an exchange is users, and the number of users will determine the future of an exchange. Therefore, the continuous development of Piin is also beneficial to the exchange.
Piin: Accumulate consensus power to make the flywheel turn
Because it shoulders the important task of releasing the consensus power of 50 million members of the Pi community, Piin, a community-led inscription project, has been accumulating consensus power since its inception, preaching and paving the way for the subsequent rotation of the Piin flywheel.
A consensus community of over 10,000 people was formed in 4 months
In the more than four months since Piin was released, it has formed a community consensus force of tens of thousands of people, such as: two corporate 10,000 people groups with about 14,000 people, a Chinese telegram community with 7,064 people, and an English telegram community with 22,066 people. In addition, each community has various promotional materials about Piin to help newcomers better understand Piin.
Piin's footprints step by step are proving that Piin's narrative flywheel is gradually starting up, and firm Piin holders will continue to preach Piin with the spirit of Yugong, allowing Piin to release its true power as a key link connecting retail investors from all circles.
As the market gradually recognizes the value of Piin, the flywheel effect of Piin will become more and more apparent, bringing rare opportunities in the inscription track to investors and cryptocurrency enthusiasts!
