In a previous article I talked briefly about PI Network. I leave a link to that article. I have delved into this cryptocurrency and I will give you more details about it.
PI Network
The company created their own digital currency, but there is no mention of who owns or runs this PI currency. So who says they know a lot about Stanford PHDs can't bring much evidence, using only rumors so far. What I can tell you is that the site is run strictly through its affiliate program, in which affiliates or affiliates are compensated for bringing in other participants. However, because this is a kind of virtual wallet and a mining platform, I see a possible potential in that.
There is no product, only the company offers this service. By downloading the Pi Network application, you can mine, collect virtual coins (crypto currency) on your phone, but without consuming your battery! That's what it claims to be / does, but it seems to be nothing more than a recruitment-based program that relies entirely on its membership. But that's how Bitcoin started, when the value of 1 BTC meant nothing and finally rose to $ 11,000!
The company is in its infancy, so there is no evidence of what it is heading for and whether it is worth fighting with. All I know is that it looks a lot like a virtual wallet, which you can use to transfer and make purchases online using digital currency.