Pi network legit or fake ?

Is this real? Is Pi a scam?

Pi is not a scam. It is a genuine effort by a team of Stanford graduates to give everyday people greater access to cryptocurrency. Pi’s core team is led by two Stanford PhDs and one Stanford MBA, all of whom helped build Stanford’s blockchain community. We cannot guarantee that the project will succeed. However, we do promise to work our hardest to make our shared dreams a reality, while maintaining the highest standards of integrity. You can learn more about us in the “Core Team” page in the main menu of the app.

PI Coin is operated by three Standford MBAs. If you are on PI coin for making $1 a PI coin then forget about it. There is another very similar coin to PI called “Bee Coin” which is trading but trading at a very low price of $0.00000001 or even below. This shows PI coin may have very little value in the future.

In my opinion, it is not worth the struggle. Nobody on the face of the earth gives you a free thing. If you are getting something for free, this means *you* is the product, or in this case, your phone is the product.

My brother has over 100 PI coins, he is doing this out of curiosity. He has no interest in opening the App or promoting it with his friends but he is doing this for one sole reason; In the future, it might have some value.

Now, let’s talk about the legitimacy of the PI coin?

Is Pi, the digital currency, a scam?

A Pi network is a genuine blockchain of cryptocurrency found by three developers of Standford university. Ph.D.'s Dr. Nicolas Kokkalis (head of the technology), Dr. Chengdiao Fan (director of the product), Vincent Mcphillip (head of the community). These three are the co-founder of the Pi app and increasing this digital currency day by day.

Pi network is a cryptocurrency that is actually for those people who can hear from their smartphones. A free app can easily mine regularly from a smartphone this currency. In addition, this app readily available in the google play store, and people place an excellent review about it. If we talk about the scam of this Pi network, the digital currency, we have to put our eyes on these points.

Reason for scamming of Pi network

reshmamac is the pi network invitation code. The Pi network is a new cryptocurrency that is still in development and has not yet been launched on the mainstream

The first is that the Pi network has aimed to increase the number of users on the platform to check their projects.

Pi network lack transparency as compared to other cryptocurrency app.

The user may have no access to their private keys, so that coins may decline at any point.

It is thought that the Pi network app is only to monetize their user, over 10 million who download it.

The user provides their data on downloading this app, and they may use this data for hacking or scam.

You can read more about it: Will PI coin cross 5$ in 2025? The Expected Value of PI Coin In Future

Reason to believe Pi network

One most important fact is that the founder of this currency put their face in front of the public for this project.

Plus, the developer does not push people to join this app; they invite you to join the Pi network to earn digital currency.

This app needs no special training and qualities to run. This app invites people to mine the currency.

Pi network is a free app, and you can easily download this app from the google store or apple store.

The company offers the only service, no money to invest; you download the app, confirm you are human and start mining by checking the app daily.

Users can leave this app at any point.

From the beginning to the present age, Pi network users increase daily, which shows that this app is not a scam.

In another of our articles about Pi coin, we give some reasons of why or why not to invest in Pi coin: Is the Cryptocurrency "Pi" a Good Investment?

From the abovementioned points, we should assume that the Pi network has some drawbacks and some benefits. The user has their own choice to join this cryptocurrency. People are in favor of or against this app. Now it is up to you to consider this app scam or not.

You might have heard about Dogecoin, we talked in detail about the expected value of the dogecoin coin in this article: