Here my thoughts about PI Network .
1-It started like a joke but here we are. Less than 2 weeks old and its rank 11 among all crypto .
2- No matter of pump and dumps it is showing continued price increase even though that millions of new PI are getting unlocked everyday . Just last 3 days 300 mln more token joined in exchanges.
3-It building everything from scratch . Its L1 token and have tremendous number of users (wallets) only by their own forces. No free marketing from old Blockchains like BNB, Etherum , Solana etc
4-Infinite paid influencers from traditional Blockchains to demotivate PI holders . If it was not a thread to them, why bother putting it down?
5-Its the first project that is paying people for their data and interactions . Giants like Google and friends just steal our data and sell them to advertisers. Its been years that is being discussed that people should get some incentives for thedata. There have been some other projects online that pay people for their time and data like ( surveys, app testers , games etc) but pi network has a huge database of data and users that make it very attractive to businesses like advertising , AI training etc.
6-It has a very cheap and fast transaction . Unlikely etherum and bitcoin it can easily be used as E-momey.
7- Binance will list it 100% around 14-20 march (depending on how fast pi team will be). Binance is poking community around this subject because don't want to let the hype die. They could just tell they won't list it and move on. I think they will just wait for KYC deadline to expire , waiting for the real numbers of PI circulation supply and decide how much pi to buy as liquidity pool for their exchange . Do forget about Coinbase .
8- In America and China pi cant be traded because of privacy data laws . Anyway after 14.02.2025, when applying for kyc i have noticed they added some TOC check when people give consent to pi about their data. I think the development team are in the process of completing paperworks and be legally compliant to operate in those huge markets like America and China etc.