Is Pi Network a Scam?

Decoding Pi Network

What is Pi Network?

[{"selector":"#anim-8e775a1a-b3e0-42af-971c-1bf4c80541a0","keyframes":[{"transform":"scale(1)","offset":0},{"transform":"scale(1.5)","offset":0.33},{"transform":"scale(0.95)","offset":0.66},{"transform":"scale(1)","offset":1}],"delay":0,"duration":1450,"easing":"ease-in-out","fill":"both","iterations":1}]

Founder of Pi Network

[{"selector":"#anim-211df704-6d57-4139-8fe7-2b5abfd5e99b","keyframes":[{"transform":"scale(1)","offset":0},{"transform":"scale(1.5)","offset":0.33},{"transform":"scale(0.95)","offset":0.66},{"transform":"scale(1)","offset":1}],"delay":0,"duration":1450,"easing":"ease-in-out","fill":"both","iterations":1}]

Mobile Mining

[{"selector":"#anim-6266187f-cc62-4689-b57e-7bb1e9397723","keyframes":[{"transform":"scale(1)","offset":0},{"transform":"scale(1.5)","offset":0.33},{"transform":"scale(0.95)","offset":0.66},{"transform":"scale(1)","offset":1}],"delay":0,"duration":1450,"easing":"ease-in-out","fill":"both","iterations":1}]

Supported Technology

[{"selector":"#anim-360a6eeb-d589-476e-9add-dd90e63b2b5b","keyframes":[{"transform":"scale(1)","offset":0},{"transform":"scale(1.5)","offset":0.33},{"transform":"scale(0.95)","offset":0.66},{"transform":"scale(1)","offset":1}],"delay":0,"duration":1450,"easing":"ease-in-out","fill":"both","iterations":1}]

About Pi Coin

[{"selector":"#anim-88426cb0-445d-4a24-b0a5-4a4556998556","keyframes":[{"transform":"scale(1)","offset":0},{"transform":"scale(1.5)","offset":0.33},{"transform":"scale(0.95)","offset":0.66},{"transform":"scale(1)","offset":1}],"delay":0,"duration":1450,"easing":"ease-in-out","fill":"both","iterations":1}]

The Controversy

[{"selector":"#anim-52203728-ef05-4747-a758-d3f010d385ff","keyframes":[{"transform":"scale(1)","offset":0},{"transform":"scale(1.5)","offset":0.33},{"transform":"scale(0.95)","offset":0.66},{"transform":"scale(1)","offset":1}],"delay":0,"duration":1450,"easing":"ease-in-out","fill":"both","iterations":1}]

Is Pi Crypto a Scam?

[{"selector":"#anim-c13a535a-d57e-441e-952b-95b4fb523fc5","keyframes":[{"transform":"scale(1)","offset":0},{"transform":"scale(1.5)","offset":0.33},{"transform":"scale(0.95)","offset":0.66},{"transform":"scale(1)","offset":1}],"delay":0,"duration":1450,"easing":"ease-in-out","fill":"both","iterations":1}]

Also Read:

[{"selector":"#anim-5a25801e-d84b-4784-9b7d-6dc34ccaf30b","keyframes":[{"transform":"scale(1)","offset":0},{"transform":"scale(1.5)","offset":0.33},{"transform":"scale(0.95)","offset":0.66},{"transform":"scale(1)","offset":1}],"delay":0,"duration":1450,"easing":"ease-in-out","fill":"both","iterations":1}]

We're on You Tube

[{"selector":"#anim-ddf26bdd-3468-4ebe-b795-d2c487a8c152","keyframes":[{"transform":"scale(1)","offset":0},{"transform":"scale(1.5)","offset":0.33},{"transform":"scale(0.95)","offset":0.66},{"transform":"scale(1)","offset":1}],"delay":0,"duration":1450,"easing":"ease-in-out","fill":"both","iterations":1}]

Decoding Pi Network

Decoding Pi Network

What is Pi Network?

What is Pi Network?

Pi network was developed to connect mainstream users with cryptocurrency through a simple crypto mining using mobile devices

Founder of Pi Network

Founder of Pi Network

Launched in 2018, Pi network was founded by Nicolas Kokkalis and Chengdiao Fan. The mainnet went live in 2021

Mobile Mining

Mobile Mining

Pi network allow users to mine Pi coins from the mobile devices. The application is live on Android & iOS. However, its an invite only program

Supported Technology

Supported Technology

Pi network work on Stellar Consensus protocol which was developed by Stellar Foundation.

About Pi Coin

About Pi Coin

Pi Coin is the native token of Pi network. Users can earn it via mining. Pi is used to pay for transaction fee & distribute rewards

The Controversy

The Controversy

Pi has semi-DAO governance which means its not a decentralized project. Moreover, there's a limit to how much Pi Coins a user can earn from mobile mining.

Is Pi Crypto a Scam?

Is Pi Crypto a Scam?

Not listed on exchange & inability to move mined coins makes it a scammy project. It's a scam until it launches potenial apps with real world use case

Also Read:

Also Read:

1..Will Hedera Moon?

1..Will Hedera Moon?

2..Bill Murray Hack

2..Bill Murray Hack

3..NFT Marketplaces

3..NFT Marketplaces

We're on You Tube

Find the best Crypto content only on Katoch Tubes