파이코인 상장 가능성PiCoin currently supports automatic mining through mobile. PiCoin claims that mining will not be possible after the launch of the mainnet this year, and that its value will rise significantly when it is listed on a large exchange. The basis for Picoin’s confidence is Bitcoin. The explanation is that when Bitcoin first appeared in 2008, it was not as difficult to mine as it is now, and it had no value as a currency. In fact, those who promote PiCoin through social media pay more attention to the vision and potential of PiCoin than its current value. Those promoting PiCoin recently said, “Bitcoin was also mined for free at first. At the time, Bitcoin had no value, but now the price has risen to over 80 million won. If you mine now and it is listed later, you will receive PiCoin as a mining reward. “You can aim for a ‘big hit’ through this,” he explains.
Because PiCoin is mined for free without an ICO (virtual asset offering), there have been no victims of pyramid schemes or fraud yet. However, it has not been verified whether the PiCoin application, which is used by 15 million people, has the potential to infringe on personal information, and there are concerns about fraudulent activities that sell coins in advance to the public by exploiting expectations for listing on large exchanges. In fact, recently, Picoin promoted itself through social media, saying, “In China, Picoin is priced between 1,000 and 3,000 won per piece. It is traded at a maximum of 10,000 won,” urging people to actively participate in mining.
So, can PiCoin one day have the value of ‘digital gold’ like Bitcoin?
Coins minted by users so far can only be cashed out once the mainnet is launched and listed on the exchange. PiCoin has only launched a testnet and released a test version of the wallet early last month. PiCoin plans to officially announce the mainnet within this year.
However, what PiCoin users should remember is that it took 10 years for Bitcoin to be widely recognized after it was first announced in 2008. Although Bitcoin is difficult to use in real life, its price has steadily risen as it is recognized as the leader of virtual assets. However, the market price of altcoins can only rise if they prove service completeness through mainnet technology, listing on large exchanges, and launching excellent Dapps. It is currently unknown whether PiCoin will actually be listed on major exchanges and how the price will be set after listing. With several blockchains and virtual assets such as Ethereum and Polkadot being recognized as well as Bitcoin, it may be more difficult for Picoin to become the ‘second Bitcoin’.
There should also be no misconception that mining is simply making money by pressing a button on a mobile device. An official from a blockchain consulting company said, “The act of mining is not simply to aim for a quick hit through mining profits before listing, but to maintain and secure the network. Therefore, it is right to participate after looking at the sustainability of the network,” adding, “Especially in blocks.” “There is no such thing as free money on the chain, and you are responsible for all your actions, so careful judgment is always required,” he emphasized.
Reporter Gayoung Kim kimgoing@paxnetnews.com
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