Cryptocurrency is constantly evolving, with new projects emerging every year. One such project that has gained massive attention is Pi Network. But is it a revolutionary way to mine cryptocurrency or just another scam? This article will provide an in-depth analysis of Pi Network, addressing its legitimacy, potential, and risks.
Is Pi Network a Scam?
| Feature | Details |
|---|---|
| Founded By | Dr. Nicolas Kokkalis and Dr. Chengdiao Fan (Stanford graduates) |
| Launch Year | 2019 |
| Total Users | Over 60 million worldwide |
| Mining Mechanism | Mobile-based mining via the Pi Network app |
| Mainnet Status | Open Mainnet launched in February 2025 |
| Trading Platforms | Available on OKX, Bitget (pending on Binance) |
| Criticism | Transparency issues, centralization concerns, unclear value |
| Official… |
