When evaluating the legitimacy of the Pi Network (PI) based on public opinion, it appears credible given reports of individuals purchasing items like phones and cars using PI. Additionally, certain websites acknowledge PI as a valid payment method.
However, it's important to note that PI has not yet launched on any recognized cryptocurrency exchange platforms. This absence from exchanges doesn't inherently question PI's legitimacy or label it as fraudulent.
From my perspective, given that participation in PI mining doesn't require any financial investment, continuing to mine poses no financial risk. If the project is eventually deemed illegitimate, the app can simply be deleted. Conversely, if it proves to be legitimate, participants stand to gain without any initial investment.
Regarding its value, there are claims suggesting PI could launch at $34 per token "according to Binance," though it remains unlisted. Caution is advised regarding such claims until there is official confirmation from reputable sources or the Pi Network team itself."
