THE TEAM...

  • Dr. Nicolas Kokkalis is the CEO and co-founder of Pi Network. He is a computer scientist and entrepreneur with over 15 years of experience in the technology industry.

  • Chengdiao Fan is the President of Socialchain, Inc., the company that created Pi Network. She is a computer scientist with a PhD from Stanford University.

  • Vince McPhillip is the CTO of Pi Network. He is a software engineer with over 20 years of experience in the technology industry.

  • Marcelo Garcia is the Head of International Marketing for Pi Network. He is a marketing executive with over 10 years of experience in the technology industry.

  • Kostas Papadopoulos is the Head of Engineering for Pi Network. He is a software engineer with over 15 years of experience in the technology industry.

  • Adrián Pulido is the Head of Product for Pi Network. He is a product manager with over 10 years of experience in the technology industry.

  • Nikolaos Patsakis is the Head of Security for Pi Network. He is a security engineer with over 10 years of experience in the technology industry.

  • Yiling Wang is the Head of Community for Pi Network. She is a community manager with over 5 years of experience in the technology industry.

What is Pi Network?

Pi Network is a cryptocurrency that is still in development. It is based on the blockchain technology, but it can be mined on a smartphone using a process called "proof of stake". This means that users do not need to use any expensive hardware to mine Pi, and they can even earn Pi while their phone is turned off.

How does Pi Network work?

To mine Pi, users need to open the Pi Network app and press the "Mine" button. They can also increase their mining rate by inviting more people to join the network. The more people who are mining Pi, the faster the network grows and the more Pi that is available to be mined.

What are the pros and cons of Pi Network?

Pros:

  • Pi Network is free to join and mine.

  • It is easy to use and accessible to anyone with a smartphone.

  • The network is still in development, so there is potential for high rewards.

Cons:

  • Pi Network is not yet a fully-fledged cryptocurrency. It cannot be used to buy goods or services, and it is not listed on any exchanges.

  • The mining rate is capped, so the amount of Pi that can be earned by each user is limited.

  • There have been some concerns about the legitimacy of Pi Network, as it is not yet clear how the cryptocurrency will be monetized in the future.

  • THERE IS NO MAINNET LAUNCHED !!!

SCAM, NO?

Whether Pi Network is a scam project is a matter of opinion. There is no clear consensus on this issue, and there are valid arguments to be made on both sides.

Arguments in favor of Pi Network being a scam:

  • Pi Network is still in development, and there is no guarantee that it will ever be launched as a fully-fledged cryptocurrency.

  • The Pi Network app collects a lot of personal data from users, which could be used for malicious purposes.

  • There have been allegations that Pi Network is using a pyramid scheme model to recruit users.

Arguments against Pi Network being a scam:

  • The Pi Network team has a strong track record in the technology industry.

  • Pi Network has a large and active community of users.

  • Pi Network is open-source, which means that the code can be audited by anyone.

  • THERE IS NO TOKEN YET! BEWARE OF SCAMMERS!

Ultimately, it is up to each individual to decide whether or not they believe Pi Network is a scam. There is no right or wrong answer, and there is always the possibility that Pi Network could turn out to be a legitimate cryptocurrency.

Here are some additional things to consider when evaluating whether or not Pi Network is a scam:

  • The Pi Network team has not been transparent about their plans for the future. They have not released a roadmap for the project, and they have not disclosed how they plan to monetize Pi.

  • The Pi Network app has been criticized for being buggy and slow. Users have also reported problems with the app crashing or freezing.

  • There have been reports of Pi Network users being scammed. Some users have been tricked into sending their Pi to scammers, who then disappear with the coins.

If you are considering investing in Pi Network, it is important to do your own research and to be aware of the risks involved.

LEGIT PROOF OF FAKE Pi token: source - coingecko!

"SEND TOKENS SIR"...NO TOKEN YET

You cannot sell Pi Coin right now because the Pi Network is still in the enclosed network phase of the mainnet. Before you can sell your Pi Coin on any exchange, it must transition to the mainnet open network phase, and KYC verification must be completed for this to occur.

How did the Pi token end up on the exchanges? Answer - FAKE TOKEN! The Pi Network team has warned that this Pi is not the official Pi token, and on CoinMarketCap and Coingecko there is a clear warning that it is not the real token and thus cannot be transferred between exchanges.

Thanks for reading and following! I'll keep you updated for the latest news in crypto and Airdrops here!