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# What is the utility of Pi?

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Pi’s utility will be backed by the time, attention, goods, and services offered by other members of the network in exchange for Pi. By pooling our attention, goods and services around a common currency, Pi’s members are building the network together. Because this is a network supported by blockchain technology, the network can help its members reduce their costs and prevent slippage 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 for a utilities-driven app ecosystem by distributing the currency, building the community, developing the technology to ensure its security and designing new types of online social experience.

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