Welcome to my Pi Network review.
Is this another Crypto Currency Ponzi scheme?
Is this the next best thing?
There are so many questions that come with sites that involve anything from the Crypto world and that’s just how it is.
The Bitcoin hype has given everyone so much excitement, anxiety, and most especially heartache.
So if you are wondering if this is something you should invest your time and hard earned money in, you have come to the right place.
This Pi Network review will not only show you the ins and outs of how everything works but also help you make a wiser decision.
I am personally not a fan of hype, so don’t expect me to hype this thing like it’s the best thing since sliced bread.
So before you go even joining the person who introduced this to you, let me show you what you will be getting yourself into.
Pi Network Review – Product Overview
Name: Pi Network
Overall Rating: 1./5 stars
After almost at least 6 months after its launch, the Pi Network does not seem to have done anything at all.
Although free to join, there is still no one making money and all that seems to be going on is a bunch of “mining”.
I did have this rated at 2.5/5 stars but I think 6 months is enough time to make things happen. Things look cool and all but there are better things that you can be doing with your time than mining on something that isn’t even allowing you to make any money.
So for those of you bombarding others with your personal affiliate link, save it for a better program that at least pays you for your efforts.
What Exactly is the PI Network?
“Developed by Stanford PHDs, Pi is the first and only digital currency that you can mine on your phone by leveraging your existing social connections.”
The company has created their very own digital currency but there is no mention of who owns or runs anything.
So who those Stanford PHDs are is currently just hype without any proof.
What I can tell you is that the site is ran strictly through its affiliate program, in which affiliates are compensated for getting others to join.
That seemed to be the case but no one is making any money with the Pi Network.
There is no product but the company does offer a service.
By downloading the Pi Network app, you can mine crypto currency on your phone, without draining its battery.
That’s what it claims to be/do but it looks nothing more than a recruiting based program that relies completely on its members.
Recruiting is all that is happening and everyone and their mothers are still sharing their affiliate link, even if they aren’t making any money.
Definitely not something I would recommend as there are way more opportunities out there that you can focus your time on.
How it Works
Pi Network has absolutely no value and is trying to pull off what Bitcoin did back in 2008.
At least that’s what they’re expecting.
Get some hype going, get millions of people to join, all in hopes that the value of Pi will grow to a point that everyone is making money.
Being that it is completely free to join, the money made and value of Pi is all dependent on the volume of members that come into the company and what is spent.
By spending and sharing, using the Pi Network app, the value should increase over time as long as newer members continue to join.
Many companies have made an attempt at this but all we got were Alt coins that are definitely not doing as good as they used to.
Pi Network does not seem to be doing any better with the fact that no actual money is involved.
Will it Work?
There is no telling where this whole idea is headed but of course we always hope that it does great.
I am no psychic but I do see this doing about the same type of numbers that every other Crypto Currency project has done.
It will go up to a certain point but eventually go down once the hype is gone.
Being that it is completely free to join, I don’t see the harm in signing up and seeing where everything goes but again, that does require time.
The good news is that I have not seen any recent wallet type crypto currency programs and I know all the failed crypto marketers are looking for something to join.
Be that source and you can possibly earn some money in return.
Pros & Cons
- Very new company
- Free to join
- Has potential
- No real money involved
- Doesn’t seem to be moving anywhere
- Could be another flop
There is not much information for me to give a real opinion on things just yet, but this is currently what I find to be good and bad of the Pi Network.
So is Pi Network a Scam?
Pi Network is really nothing more than a network marketing gig at the moment.
There is no one that will take your money and only time will tell where everything goes.
It as been quite some time now and I’m about tired of “mining”.
From what I once did daily has now stopped.
I don’t mine anything and I have no interest in it either.
Unless you want to wait around for a miracle, I do not recommend joining the Pi Network
I don’t see the harm in creating a free Pi Network account and I do recommend you do so anyways.
However, I do not think you should sit and wait around for anything because there are many other things you can do with your time.
With all the Crypto Currency peeps that relied on the many Ponzi schemes to make money, you can bet that they are looking for the latest and greatest program to join.
Be upfront with the people you are going to promote the app too and I’m sure they wouldn’t mind joining you.
Now if you are looking for a real way to make money online, you might want to start today.
You can always do some flipping with Ticket Flipping Hub but it does require a nice investment on your part.
It does pay faster than most but it also requires you to invest a good amount of money as well.
For those of you who have no money to your name but still want to make something, Swagbucks is your best bet.
It’s free to join and will pay you for doing simple tasks.
If you are looking to start a blog that’s great too.
There is no better way to make money than through a simple website and a topic of your choice.
That concludes this Pi Network review, so have a great day and don’t forget to tip your waiter.