I started mining Pi today.
I don't see anything bad, except the KYC process.

If you think you've got bots running on your network, simply don't allow anyone withdraw who hasn't done the KYC procedure.

This is an experiment, and I like it.
Reminds me of XRB (NANO).

Faucet distributed token, that pumped x101832719371937y1293y1281237ghe87g178gbdq8ewgdb8vuytVYUv8718.
This isn't anything more than another faucet/airdrop coin (or token?).

Time will tell.
Good luck everyone.