The Pi coin like every other cryptocurrency was created by a group of Stanford University Scholars. The scholars have the ambition of creating a coin that is decentralized, payment free with limitless transactions just like Bitcoin. The coin went through several stages of development and mining. Presently, the coin is at the last stage of mining before being listed on many popular cryptocurrency trading platforms. Anyone interested in accumulating the coins may be able to mine them for free now before being listed on several cryptocurrency trading sites in the world. The listing is set to take place this year. And yes, I happen to have quite a few of the coins.