Initially, I made a lot of research concerning pi network,but I couldn't get any reasonable information from the research either. I'm beginning to look at the platform as scam, although it has not been identified yet. However base on the research I made earlier the site is not trusted at all,I think there intention is just to build a large community, already they have gained millions of people in their community.
It has been all along like that because the posts on their pages were clickbaits and some false proclaimed adaptations which clearly not true because they are just simply luring their victims with those false stories and their progress is not real. now their investors are seeing their motive all along and if they can't still wake up to this kind of scenario, then there will be no helping them in the future. They will just gonna wait for nothing and their main persons are living their lives to the fullest with the money they spent on this scam coin.
I had same opinion until recently but then I came across WhatsApp status stating they are willing to buy Pi, not the company thought but se middlemen were offering $0.20 per Pi but they need KYC to be completed which we are unable to do at the moment. Whether they are really working towards development which is highly unlikely because we have not seen any progress or someone is scamming people staying they will buy Pi from them at higher price like $1 and these people are buying it from the miners who did it through mobile.