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Pi Network gained massive attention during its early launch due to the promise of mobile mining without any upfront investment. However, as time passed, users started raising concerns over the lack of transparency and the repeatedly delayed mainnet launch. Many believe the project may be more about data collection than actual blockchain innovation, as millions of users have submitted KYC information, yet there’s still no verified exchange listing or clear utility for the Pi coin. The project’s closed mainnet and centralized control also contradict its claims of decentralization. Some argue it’s not a scam but just a “delayed” project. Still, when you test the patience of a global community for over five years with no solid outcome, doubts about the project's credibility are natural. #PiNetwork

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