For initial questions about the Babi Pi Network — how to earn Babi Pi — check out our FAQ below. Dive deeper into Babi Pi Network’s vision, mission, and protocol
here.
Disclaimer: Babi Pi is NOT free money.
Babi Pi is NOT free money. It is a long-term project whose success depends on the collective contributions of its members.
Babi Pi is dedicated to helping everyday people capture more economic value that today goes to banks, technology giants (e.g., Facebook, Amazon), and other intermediaries. Babi Pi depends on the collective contributions of its members. If you are looking for quick money, look elsewhere.
What is Babi Pi?
Babi Pi is a new cryptocurrency for and by everyday people that you can stake (or earn) from your phone.
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Cryptocurrencies are new form of digital money that are maintained and secured by a community, instead of by governments or banks. Today, you can stake (or earn) Babi Pi by helping to secure the currency and by growing Babi Pi's trusted network. While most cryptocurrencies (like Bitcoin) have been very hard for everyday people to use and access, Babi Pi puts the power of cryptocurrency into the palm of your hand.
Is this real? Is Babi Pi a scam?
Babi Pi is not a scam. It is a genuine effort by a team of Stanford graduates to give everyday people greater access to cryptocurrency.
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BabiPi's core team is led by two Stanford PhDs and one Stanford MBA, all of whom helped build Stanford’s blockchain community. We cannot guarantee that the project will succeed. However, we do promise to work our hardest to make our shared dreams a reality, while maintaining the highest standards of integrity. You can learn more about us in “Core Team” page in the main menu of the app.
How does Babi Pi staking work? How do I earn more Babi Pi coins?
Babi Pi Network allows you to earn Babi Pi coins by making simple contributions to BabiPi's community. The more you contribute, the more Babi Pi you earn.
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To start earning Babi Pi, please be sure that you have Babi Pi. Then look above for STAKING , Connect Metamask and you can enjoy your juicy passive income
Do I need to leave website open to stake? Does staking drain my power or data?
You do not need to open website to stake. Babi Pi does not affect your phone’s performance, drain your battery, or use your network data. Once your stake transaction is confirmed by BSCscan, you can even close the page and you will continue to stake Babi Pi.
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So how can you earn a cryptocurrency without draining your battery or data? Instead of burning energy as proof of work cryptocurrencies like Bitcoin do, Babi Pi secures its ledger by proof of stake . This approach allows crypto staking on your phone by leveraging your cryptocurrency wallet , with no financial cost, no battery drain and a light footprint on the planet. Read the technical section in our White paper for more accurate and detailed explanation.
Does my Babi Pi is locked when I stake ?
Yes. You can withdraw your Babi Pi whenever you want
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Afraid of losing opportunities while you stuck with lock staking and can't sell . Not anymore. Babi Pi have a unique staking . The longer you stake, the higher APR you get . No locking whatsoever.
What is the value of Babi Pi?
Today Babi Pi is worth approximately 0 dollars / euro etc. similar to Bitcoin in 2008. BabiPi's value will be backed by the time, attention, goods, and services offered by other members of the network.
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By pooling our attention, goods, and services around a common currency, BabiPi's members seek to capture more of the value that typically goes to banks, technology giants (e.g., Facebook, Amazon), and other intermediaries.Today, we are laying the infrastructure for this digital currency and marketplace by distributing the currency, building the community, and developing the technology to ensure its security.
Can I withdraw my Babi Pi? What is the timeline for withdrawals?
Yes, you withdraw Babi Pi . You will be able to withdraw Babi Pi or exchange Babi Pi for other currencies. No problem.
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Babi Pi launched Phase 1 of the project on 1/11/2022 (Babi Pi Day). You can withdraw or exchange Babi Pi for other currencies as soon as liquidity pool is created after IDO.
When will Babi Pi be worth something? When can I turn Babi Pi into “real” money?
BabiPi's holders will be able to turn Babi Pi into “real” money when they either purchase goods and services on BabiPi's marketplace or exchange Babi Pi for fiat currency.
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Cryptocurrency holders have two options for turning their holdings into “real” money (or to “cash out”):
1. Directly purchasing goods and services with your Babi Pi.
Babi Pi Network is building a peer-to-peer marketplace where our members will be able to directly spend Babi Pi to buy goods and services. We aim to start experimenting with in-app transfers of Babi Pi as soon as Q1 2023.
2.Exchanging Babi Pi for fiat currency on cryptocurrency exchanges.
BabiPi's Core Team does not control when cryptocurrency exchanges (like Binance, Coinbase, Kraken etc.) decide to list Babi Pi. However, Babi Pi will be able to be traded in Phase 3 of the project (i.e., Mainnet). At that point, exchanges can choose to list Babi Pi. In the meanwhile, BabiPi's core team is focused on implementing our technical roadmap (see our white paper) to reach phase 3.
Why transaction balance of sender and recipient don't match ?
Babi Pi have transaction fee when investor action, max fee is 1% . This fee will be burned and transfer to a reward wallet which contribute staking investor .
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Which wallet is the best for holding Babi Pi?
All of cryptocurrency wallet is cabble of transfer and trade, However we strongly recommend Metamask due to its stability and user-friendly .
Are there countries or regions restricted from accessing Babi Pi?
No. Babi Pi Network’s vision is to build an inclusive peer-to-peer ecosystem and online experience, fueled by the Babi Pi cryptocurrency.
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No law can stop Babi Pi, if investors have a cryptocurrency wallet, they can use Babi Pi no matter their country . Decentralized Babi .