I am sure a lot of altcoin people have heard this name - Pi Network. It is a mobile only cryptocurrency which can be mined only through mobile. I had downloaded their mobile app out of curiosity and by now I have few thousands of Pi token. Now, the Pi network is planning to move to their next phase where it will be listed to the market. But, miners will have to complete their KYC information before they can withdraw their mined tokens.
My only question to the community is that - are you guys comfortable to share your KYC details to a mobile only cryptocurrency? We have had few mobile only cryptos earlier as well but all of them failed miserably! What's you take on Pi network?
Pi network will be like the previous coins, will also scam and never be able to thrive. It's really bad that a coin can grow a lot on PC but choose to be limited by mobile phones. While this theory didn't really work, projects would die in the same way.My only question to the community is that - are you guys comfortable to share your KYC details to a mobile only cryptocurrency? We have had few mobile only cryptos earlier as well but all of them failed miserably! What's you take on Pi network?
They just draw out a lot of things to create a community and force us to do KYC. Previous projects have done the same thing and they misappropriated users' information instead of developing the project
