Ask Leo: Will Pi Network Project Ever be Launch?

Six month ago I wrote content about the Pi network, I explained more about the Milestones of the project on my blog then, and I hope the project will be released sooner, but the project is still on the mainnet.

You can read more here from my past related post on Pi Network

Overall, the project has generated more questions than answers, but to be honest, the upcoming project looks like a scam.

Summary

Pc: from the last post on Pi

Thou, according to the project, allow the Pi network to be used by everyone and have access to crypto through your phone without keeping the mobile application active. Yes, these are great features on the blockchain, and it also provides a referral link to invite new users to mine. It has amazing features as well as multi-level marketing schemes. The referred is called 'Pioneer'.

The mining mechanism works automatically when you visit the app every day and activate your mining, you are free to leave the app and it will continue mining even if your phone is out of the server or powered off. With features, the Pi network is expanding and reaching millions of pioneers every month.

But day by day, the project is so difficult to predict and people have raised many questions because since it was proposed in the year 2020, the cryptocurrency is not yet active on any stock exchange it cannot be bought or sold...
Although the Pi network in May 2021 launched its mainnet network as it reaches more than 18 million pioneers, it is not our expectation, people want it to be active and go live in the cryptocurrency market.

Will Pi Network have a future in cryptocurrencies?

At this stage, no one can predict the future of the Pi network; I have seen a lot of articles online recently about pi coin prediction for 2025, but the question that immediately came to my mind was "can a coin be predicted without having come to live?".

Pc: from the last post on Pi

When the project was first launched, the mining rate was 1.6 π per hour and gradually halved when more pioneers are on board, then reduced by 0.1 when spread more than 10 million Pioneers. Therefore, there is no guarantee that the pi network will be a successful project because once it has managed to have billions of users on board, it already gives a mark that it would not have value. But again, it anticipating Cryptocurrency, anything could happen.

However, as the team has not provided complete and detailed information on the project plans, there is no evidence that it is a successful project.

Meanwhile, Many even say that the Pi application may be a strategic plan to steal people's data, as well as Knowing that a new user can register through a referral link, and the registration procedure also involved personal data such as Facebook, number, and name.

What is your suggestion, will this project Ever launch?

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Thank you for Reading

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