If there is anyone who knows about the pi network, is it legit?
I've been using and inviting people to the pi network. It claims to be a risk-free early crypto that is currently letting new users mint coins for free. Is this legit?
If you look into the team, it's a couple of PhD students from Stanford. Your evaluation of a project should involve how much do you have to put up at stake (which at the moment is just a small amount of your phone's computational power). Additionally, there are no credit card or other similar personal information required as of now. However, it's a bit of a black box (not open source). Based on the information above, you as an individual should be able to decide whether it's worth a shot (you can of course, add in your own digging up on the white paper and team leads and their past projects to see if you consider them credible).
Hungry for knowledge?
New guides and courses each week
Looking to invest?
Market data, analysis, and reports
A community of blockchain experts to help
Get started today and earn 4 bonus blocks
Already have an account? Sign In