As Kriptokoin.com, Pi Network (Pi Coin) is a long -term debate in the crypto world. While the project provides mining on mobile devices, it is subjected to criticism because it has not yet been fully traded on central stock exchanges. Recently, some analysts claim that Pi Network may be a fraud. However, supporters and project managers strongly oppose these claims.
Question marks are growing: Is Pi Coin reliable?
Pi Network has a unique structure that allows users to mining without consuming energy through mobile devices. According to the company’s official data, the platform has reached more than 100 million registered users around the world. 65 million of them actively use the system and more than 19 million have completed the KYC verification. In addition, approximately 10.5 million people keep Pi assets in their wallets.
The defenders of the project emphasize that Pi Network has been developed as Layer 1 blockchain and offers an unforgettable ecosystem. Analyst Kim Wong says that Pi can turn into a major payment network in the future and that this system can allow instant cross -border payments. In addition, the listing of Pi Network on large stock exchanges such as OKX and Bitget is seen as a development that supports the legitimacy of the project.
Criticism and legal investigations
Nevertheless, some analysts and investors approach the project with suspicion. One of the biggest criticisms is that Pi Network is still not fully opened for trading on a stock market and its value is not determined by the market. In addition, it is suggested that the reference -based mining model resembles ponzi systems and users may damage over time. On the other hand, Pi Network’s past data violation claims and possible legal investigations create question marks on reliability.
Company officials say that all processes are transparent and that the KYC system is completely developed in accordance with legal regulations. As a result, discussions about Pi Network continue. Trust in the project depends largely on whether the main network launch is successful. Users need to carefully examine the project and evaluate the risks before investing.
