Is Pi Network a Scam?

in hive-147599 •  2 years ago 

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If you picked up the slightest interest Pi cryptocurrency, the higher chance is that this interest gets dashed by statements regarding the value of Pi coins and the credibility of the project.

Pi crypto applications require no extra installation cost and are pretty easy to run, yet the ‘Scam’ statements were very popular; they still are. This is mainly due to the delay on the mainnet and listing of the Pi cryptocurrency on exchanges.

Thanks to users’ inability to move their mined Pi coins and the general sentiment on Mobile mining, Pi network was banded a ‘high-level’ marketing scheme and predicted to end ultimately as a scam. The continuous growth of the Pi network community and the delay in making the mined cryptocurrencies further intensified these statements.

With recent developments, the Pi crypto team is proving otherwise. With the launch of the mainnet, it now allows users to spend their Pi cryptocurrency and several marketplaces are rumoured to accept payments in Pi coins.

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