Hello! Not sure if many of you here have heard or are aware of the Pi Network. It's a project that aims to create a decentralized cryptocurrency network that can be mined using smartphones though it hasn't launched its mainnet yet.
What are your thoughts on this approach? Do you see potential benefits or drawbacks to delaying the mainnet launch, and how might this impact the network's future adoption and development? Do you think it's even legitimate or would you be just wasting time and space getting this on your mobile device?
I've first heard about this one I think that was 5-6 years ago because they are spreading a lot of hype about this one before and it didn't changed at all after how many years, they are still fetching and building more hype around this network, but then again nothing is really happening. People who mined it for years will have to complete KYC. I even heard about a new that there were gadget and motor merchants who will accept PI network coin as a payment, but still it was never true. So, to make things short, this is a HUGE scam. I'd rather put my money into popular memecoin than this scam network who have been running for several years now yet there has no significant improvements.