Crypto web3 Sidrabank’s Native Token, Sidra Coin, Aims For $1,000 Value Post-Mainnet. Sidra Coin, the native token of Sidrabank, is making waves with its ambitious goal to achieve a $1,000 value within a year of its debut post-Mainnet transition. As the token’s price though zero at the moment, it is expected to steadily climb after the migration to the live network is completed. Several factors will contribute to its upward trajectory and these include:
1. Growing Adoption of DeFi
Sidrabank positions itself at the forefront of the booming DeFi sector. Offering a spectrum of services, including lending, borrowing, and staking, Sidra Coin is poised to benefit from the widespread adoption of DeFi protocols.
2. Utility of Sidra Coin
Beyond a mere tradable asset, Sidra Coin serves a dual purpose as a transactional currency within the Sidrabank platform and a staking asset, enabling users to earn rewards. This utility will be a driving force behind the demand for Sidra Coin.
3. Limited Supply
With a constrained supply of Sidra Coin in circulation, scarcity plays a role in supporting its price. This scarcity factor often contributes to heightened demand, particularly if the project gains traction.
4. Strong Community Support
The Sidrabank community stands out as a formidable asset. Its growing strength could translate into increased adoption and promotion of Sidra Coin, further influencing its price.
Timeline for the $1k Milestone
While an ambitious target, the prospect of Sidra Coin reaching $1,000 within a year post-Mainnet transition will be plausible. However, investors should approach this projection with caution, recognizing the inherent uncertainties in the cryptocurrency market.
Risks on the Horizon
Several risks could impede Sidra Coin’s journey to $1k:
Competition: A crowded DeFi sector presents challenges as Sidra Coin contends with competition from various projects.
Regulatory Uncertainty: The evolving regulatory landscape surrounding cryptocurrencies introduces an element of unpredictability Market Volatility.
Nicolas Kokkalis updates on GitHub about Pi commerce -
Dapp Name: EasyGoods🌍
@PiEasyGoods On March 14, the #Pi ecosystem will witness a breakthrough, allowing #Pi holders to purchase and use a full range of services worldwide....
#Piis the world's new digital payment gateway! They can be used to purchase goods and services even in traditional markets or in e-commerce platforms . . #PiNetwork #BitcoinTakeOver
International data indicate that there is an alternative international currency to the dollar coming... The world also had a hint for years about a regime, and now this hint has turned into a statement.
Ok, first an alternative to the dollar, then a hint and then a statement about a new global financial system.. The work of digitizing the world is not hidden from anyone... Also, all of this needs a foundation on which to build... And the world is in such a hurry that the system is yet to be built or there is something built and ready for it to be based on.. If you told me he would build... then I would call you after 5-10 years, and this is impossible, the world cannot bear...
I mean, something is built ready...
If you have something stronger than the Pi network that can carry the next regime on its shoulders, we said, in order to catch it, if there is no salvation, there is no need...
😱PI NETWORK - The Decentralized Quantum Finance Revolution
- The “revolution” of the KOSASIH project has witnessed important updates. Quantum computing has been combined with artificial intelligence to create a quantum AI framework aimed at enhancing data analysis and decision-making capabilities within the DAO (Decentralized Autonomous Organization) revolution.💯
- The PCT is creating basic smart contracts to support decentralized autonomous organizations (DAOs).
- After MAINNET OPEN, Pi Network has evolved into a Decentralized Autonomous Organization (DAO CORE), run by quantum computing combined with artificial intelligence based on logically significant core smart contracts. With no transparent and fair value compromised by malicious actors, the Pi Network can operate for centuries to come
🎁For the future of quantum decentralized finance.🤑
Dr. Nicolas Kokkalis, one of the Pi Founders, has been cited in Microsoft’s Future of Work Report 2023! His academic work demonstrated that high level tasks can be broken down into multistep action plans through crowdsourcing, resulting in people completing significantly more tasks. Head to Slide 10 of the Report to see Nicolas’s citation in action!
Pi Network was founded in 2018 by a team of early innovators in blockchain and social computing, with PhDs from Stanford University. https://t.co/9ISIGnehEr…
PiNetwork claims a transaction speed of 70,000 transactions per second with 300k nodes around the world ... using the Stellar Consensus Protocol, surpassing Bitcoin, Ethereum, and Visa. With 100 million registered users and 50 million active users, it aims to become a global currency, set to launch in 2024.
💥PI CORE TEAM HAS COMPLETED THE PAYMENT PROCESS. SDK AND API READY. WE ARE WAITING FOR THE DAY THE NETWORK OPENS. 1. Use the Pi SDK function to initiate the payment.
2. A callback function that gets called automatically by the Pi SDK (letting your App Server know that it needs to make an approve API request).
3. An API request from your App Server to the Pi Server to approve the payment (letting the Pi Server know that you are aware of this payment).
4. The Pi browser shows the payment detail page to a user, and we are waiting until the user signs the transaction.
5. A callback function that gets called automatically by the Pi SDK (letting your App Server know that it needs to make an complete API request).
6. An API request from your App Server to the Pi Server to complete the payment #PiNetwork
Join PiNetwork: $Pi is a new crypto designed by Stanford Blockchain Professors. $Pi will be used as a digital legal tender to purchase goods & services Mine with phone📱 Join link minepi.com/mr1math 👇 Invite code: mr1math
Thank me later 🔥🔥 Remember that! #Pi is not need to be noisy, but in the near future everyone all over the world will need and have to use it. #PiNetwork 👑⚡️
Nicolas Kokkalis updates on GitHub about Pi commerce -
*Dapp Name: EasyGoods*🌍
@PiEasyGoods on X ( Twitter )
On March 14, the Pi ecosystem will witness a breakthrough, allowing Pi holders to purchase and use a full range of services worldwide with Pi currency.
PiEasyGoods, developed by PiCoreTeam, will mark a new era for PiNetwork ; allowing businesses/merchants to register & list their goods and services using GPS while users(customers) can see nearby businesses that access Pi currency for goods & services using maps.
In the cryptocurrency market, most coins and tokens lose value over time due to a lack of utility and real-world demand. #PiNetwork stands out as pioneers witness a growing demand for using #Pi as payment, making it essential in the digital transformation of society.
There are few things that should keep you wondering; why is Pi Community so large? Why are founders from Stamford University? Why have they being consistent since 2019? Why is their approach to the use of pi coins worldwide different?
ℹ️ New here? Welcome! Introduction to Pi Network: Pi is a new cryptocurrency for and by everyday people that you can “mine” (or earn) from your phone. You are earning free Pi while this project is being developed. Currently we are in Enclosed Mainnet, mass KYC and migrations to Mainnet are ongoing globally. Please prepare and go through the below checklist.
❗ Please note: Pi policy is 1 person = 1 account.
✔️ To earn Pi, check in every 24 hours and hit the lightning button on home page of Pi app.
✔️ Review your name and correct if necessary (possible until 14 days after registration on home screen, after that you can use appeal feature in Profile for minor corrects)
✔️ Verify your Pi account with phone number and/or facebook
✔️ Setup your Security Circle once Contributor role is unlocked after 3 mining sessions
✔️ Invite others to help grow the community (Referral team)
✔️ Generate your Pi wallet in the Pi Browser app, and test it in Wallet testing chatroom
✔️ Check out the Mainnet feature in your Profile: confirm the Lockup settings for your transferable Pi balance and confirm your Pi wallet
✔️ Prepare your valid ID for KYC (accepted ID's vary accross countries, common ones are Passport, Driver License, National ID card)
✔️ Submit KYC application: check in Pi Browser > kyc.pi whether you are eligible to submit.
✔️ Passed KYC? Read and sign step 7 in Mainnet checklist so your transferable Pi can migrate to your mainnet wallet.
✔️ When your Pi migrated to your Mainnet wallet, and after the 14-day pending period: in your Pi wallet move the unlocked balance to Available Balance.
✔️ Inform yourself by reading all info in Pi app Menu, Mods FAQ at top of chatrooms, and Pi Whitepaper! website: https://minepi.com/mr1math help: https://pi.app/wiki
Certainly a unique way to showcase the price! The Toyota car is priced at "RP. 193.397.000 - 0,041599π." While it adds a creative touch with the Pi reference, evaluating the reasonableness of the price depends on various factors like the car model, features, and local market conditions. What are your thoughts on this innovative pricing approach? 🚗💰
#PiNetwork trademark and copyright registration documents will be announced effective from March 5, 2024. The end of this hackathon is March 3, 2024. It is likely that after this date the main network will be opened overview.