Is PI Networks Legit or Scam? Here is what you need to know about PI Networks
First and foremost, what is PI Networks?
PI Networks is a cryptocurrency project launched in March 14, 2019 by four individuals (professor and graduates of Stanford University), Nicolas Kokkalis Ph.D. (Computer Science), Chengdiao Fan Ph.D. (Computer Science), Vince McPhilip M.B.A., and a visiting student researcher Aurélien Schiltz.
According to the PI Networks' Core team, they made PI Networks for smart phone users, increasing its accessibility.
Well, let's better dig into Pros and Cons of PI Networks first.
PROS:
It’s free!
No upfront costs.
Very little risk, if none at all.
It’s the possibility of being a pioneer in something potentially much bigger.
The app don't even need to always open. Just click Mine button once every 24 hours and that's it.
It’s fun!
CONS:
New, uncertainty if it’ll ever really take off.
You’ll get a lot of halfhearted miners who will stay for only a few days or forget to refresh.
Frustrating not getting something that you can sell immediately on an exchange. Exchanges will come eventually. Patience needed.
Be careful with your data.
Roadmap is unclear.
Scam? A scam is where someone takes money off you and you get nothing in return. Mine Pi isn’t taking anything from you except your Facebook login and doesn’t qualify to be a scam.
Pi is not on exchanges yet, and the Genesis Block has not been generated yet.
I had given PI a shot, and it really is fun, seeing your balance .grow little by little is exciting. If you want to also give it a shot, download the app from https://minepi.com/adobongtikbalang and use "AdobongTikbalang" (without the quotes) as the invitation code.
PI Networks is a cryptocurrency project launched in March 14, 2019 by four individuals (professor and graduates of Stanford University), Nicolas Kokkalis Ph.D. (Computer Science), Chengdiao Fan Ph.D. (Computer Science), Vince McPhilip M.B.A., and a visiting student researcher Aurélien Schiltz.
According to the PI Networks' Core team, they made PI Networks for smart phone users, increasing its accessibility.
Well, let's better dig into Pros and Cons of PI Networks first.
PROS:
It’s free!
No upfront costs.
Very little risk, if none at all.
It’s the possibility of being a pioneer in something potentially much bigger.
The app don't even need to always open. Just click Mine button once every 24 hours and that's it.
It’s fun!
CONS:
New, uncertainty if it’ll ever really take off.
You’ll get a lot of halfhearted miners who will stay for only a few days or forget to refresh.
Frustrating not getting something that you can sell immediately on an exchange. Exchanges will come eventually. Patience needed.
Be careful with your data.
Roadmap is unclear.
Scam? A scam is where someone takes money off you and you get nothing in return. Mine Pi isn’t taking anything from you except your Facebook login and doesn’t qualify to be a scam.
Pi is not on exchanges yet, and the Genesis Block has not been generated yet.
I had given PI a shot, and it really is fun, seeing your balance .grow little by little is exciting. If you want to also give it a shot, download the app from https://minepi.com/adobongtikbalang and use "AdobongTikbalang" (without the quotes) as the invitation code.
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