Is the new cryptocurrency PI Network another scam or legit?

[Mikadodu13]

lol, no premine, 1,000,000,000 imaginary ft will already be in circulation when the project is finished. the majority of the members are all just 18 years old. that's why it makes you want to invest fully in this project 😂😂
cni + mail + phone + facebook, hum the designer will get fresh with this 😂 (even at 10 €  mail + phone ect for resale, hummm ca will make a great retirement for them with minimum 3000000 of members)
we all understood on bitcointalk, that pi will be the future bitcoin (moreover bitcointalk is thinking of changing its name for pinetworktalk 😂😂😂😂😂😂😂😂)

[arcticglobal]

Pi Apps Platform Prototype
Our previous video series explained that the project has two goals in Pi Phase Two: 1) Building value and 2) Decentralizing the network. Building Pi’s application platform is a major strategy to achieve the first goal: building value. We aim to deliver the beta version of the apps platform by the end of the Q2 2020. Now, we are giving an update on how we plan to achieve that during the Q2.

We are adopting an iterative user-centric design methodology, which involves prototyping, testing, feedback collecting and improving of the platform. During Q2 2020, the Core Team will prototype and test the Pi Apps platform and initial Pi applications (Pi Apps). This means that the interfaces, functionalities and accessibility of the platform and initial apps will change over the course of this prototyping and testing period before being finalized. We will have time-limited releases of such prototypes for the community to test use and give feedback, and the prototypes and the initial apps may be taken down after testing for revision and get released again.

To support third-party apps, the Core Team will need to build the infrastructure that allows third-party integration into the Pi Network mobile application as well as Pi transfers integration into their apps. To transfer Pi to the third-party applications, Pioneers will need to pass KYC, but every Pioneer can use the functionalities of these apps that don’t involve sending Pi; for example, utility functionalities or receiving Pi from those apps do not require KYC. To build a pipeline of Pioneers ready to test the platform and initial Pi Apps, we will also be expanding KYC in the next few weeks.

As part of the prototyping and testing, we will release the first prototype of the apps platform to our community very soon, which includes Pi’s first third-party application. Recently, we were approached by a Stanford professor with an application that helps the world better predict where new cases of the novel coronavirus (COVID 19) are developing and help discover which symptoms are most indicative of the COVID 19 while preserving individual privacy. As a global pandemic, COVID 19 has affected all corners of the world, and its pandemic nature calls for a global coordinated response, which Pi proudly will be able to assist. Pi transcends borders and Pioneers come from all countries in the world. Given the distribution of our global community, Pi Network is uniquely positioned to contribute to the fight against COVID 19. Given the importance of tackling this disease and the alignment with Pi’s value of bringing people together from all over the world, we’ve decided to choose this as the first third-party app in the initial prototype release of Pi’s Apps Platform.

This first app will allow members of the Pi community and others to contribute information about what, if any, symptoms they are experiencing, while preserving the privacy of the individual. Pi will not share any data about Pioneers with this COVID 19 app, except for their Pi username which is necessary for processing any in-app transfers of Pi and will be only shared with explicit consent by the Pioneer; Any data you submit inside the COVID 19 app will not be shared with Pi. Indeed, this first app is using a novel privacy-preserving technology to make sure even the app itself will not know the concrete symptoms you submit, and it does not collect any personal identifiable data. The specific technology will be introduced and explained by the creators of the app in a video on our home screen very soon when we release the initial prototype of Pi Apps platform. Stay tuned!

[Mikadodu13]

I don't understand anything .. but that doesn't answer my question where do the pi preminer come from? do you know it ??

[Leviathan.007]

The project is scam and you must avoid it.
Already exposed them on one of my threads and you can easily google it.
They provide offline mining.. How it's even possible to keep even if you are offline? Even a newbie knows this to start mining you have to get connected to the internet.

[cryptohome]

I dont think its a scam, they are not raising any ICO money, besides the community is growing mostly via communities,who are letting others know about the project. with over 3 million people already downloaded the app and over 100000 applied for running nodes when its ready.
you can read more here: https://www.cryptotapas.com/pi-network-is-gaining-traction-is-it-worth-mining/
also:  https://www.cryptotapas.com/should-i-mine-pi-network-coin/

[browolf]

Pi is basically the crypto Stellar Lumens(xlm) with an MLM recruitment system.  The MLM system exists to add security to the network. It’s a neat idea but  I think the developers underestimated the taint from utilizing MLM type recruiting because what it looks like is an MLM that gives you something you can't sell for a purpose most people can't understand but people know how misleading MLMs are.  

Instead of running a test net with fixed amount of users, they've invited everyone to a test net. But actually inviting everyone to the test net is necessary for the formation of the main net. It's a CRAZY setup.  I'm not surprised so many people think it's a scam.

[arcticglobal]

PI is releasing the Node followup steps for ALL node applicants to install the necessary technical packages in the Pi Node software. Visit Pi Node on your computer to follow the steps there. Read more above.
Node technical preparation steps are now available.
For the past month, the Core Team has been working on finalizing the necessary packages and technical steps, and integrating these steps into an informative interface of the node software. We hope these steps can smooth the installation process for Pioneers and accurately inform them of the installation status on their devices. Now, all node applicants should visit the Node software and finish installing the necessary technical packages there, as part of the selection process for Nodes and SuperNodes.

Why are the technical preparation steps necessary for the selection of Nodes and SuperNodes?

This allows the Core team in the coming months to test run the consensus algorithm on the devices of Pioneers who successfully installed and completed the technical preparation steps, and calibrate the requirements of the device hardware and software necessary for achieving a reliable and secure network. Keep in mind that one purpose of releasing these steps is to test. Given the diverse hardware, software and network specifications of different Pioneers, there is a chance that you may encounter issues in trying to complete these steps. If so, please report the issue in the chat channel Node Applicants accessible to all Node applicants who previously applied, to seek help from other Pioneers or the Core Team.

What’s next in the Node selection process?

We expect to announce more detailed node hardware and software preliminary criteria after testing and calibrating and begin informing applicants of their selection status on a rolling basis by June 1st, 2020. The selected applicants will be invited to complete KYC in order to become a Node or SuperNode candidate in the Pi’s Testnet. However, the opening of KYC slots may precede the announcement of the selections for Node because KYC slots selection is an independent process that also enables participation in other parts of the Pi ecosystem (e.g. Apps platform and functionalities in initial apps), the details of which will be included in future posts.

invitation code: cakzxd

[itaobi]

It's a pyramid scheme and has nothing to do with crypto mining.

You are definitely right.

[arcticglobal]

PI is releasing the Node followup steps for ALL node applicants to install the necessary technical packages in the Pi Node software. Visit Pi Node on your computer to follow the steps there. Read more above.
Node technical preparation steps are now available.
For the past month, the Core Team has been working on finalizing the necessary packages and technical steps, and integrating these steps into an informative interface of the node software. We hope these steps can smooth the installation process for Pioneers and accurately inform them of the installation status on their devices. Now, all node applicants should visit the Node software and finish installing the necessary technical packages there, as part of the selection process for Nodes and SuperNodes.

Why are the technical preparation steps necessary for the selection of Nodes and SuperNodes?

This allows the Core team in the coming months to test run the consensus algorithm on the devices of Pioneers who successfully installed and completed the technical preparation steps, and calibrate the requirements of the device hardware and software necessary for achieving a reliable and secure network. Keep in mind that one purpose of releasing these steps is to test. Given the diverse hardware, software and network specifications of different Pioneers, there is a chance that you may encounter issues in trying to complete these steps. If so, please report the issue in the chat channel Node Applicants accessible to all Node applicants who previously applied, to seek help from other Pioneers or the Core Team.

What’s next in the Node selection process?

We expect to announce more detailed node hardware and software preliminary criteria after testing and calibrating and begin informing applicants of their selection status on a rolling basis by June 1st, 2020. The selected applicants will be invited to complete KYC in order to become a Node or SuperNode candidate in the Pi’s Testnet. However, the opening of KYC slots may precede the announcement of the selections for Node because KYC slots selection is an independent process that also enables participation in other parts of the Pi ecosystem (e.g. Apps platform and functionalities in initial apps), the details of which will be included in future posts.

[Doranile432]

Pi has no real mining feature, it's more like cloud mining like that of electroneum mobile miner, and another thing is I'm pretty mad with the team, they spam on here for Pi network, creating new accounts over and over to promote PI Network

[arcticglobal]

PI is introducing a limited release of Pi’s Platform prototype and the first 3rd-party app on May 6th. As announced last week, they are adopting an iterative user-centric design process to develop the Pi Apps platform, in which the Core Team will have limited releases of the platform prototypes and initial apps during Q2 2020. The interfaces, functionalities, and accessibility of the platform and initial apps will change over the course of the prototyping and testing period before being finalized.

Every Pioneer can participate in the platform prototype testing and use the initial apps, and only the transfer of Pi to the 3rd-party apps requires passing KYC, which will be rolled out to more Pioneers in the next few weeks. The first app FeverIQ is introduced below and in the video on the home screen. Pi will not share any data about Pioneers with the FeverIQ app, except for their Pi username which is necessary for processing any in-app transfers of Pi and will be only shared with explicit consent by the Pioneer; any data you submit inside the FeverIQ app will not be shared with the Pi Network either. All Pioneers can participate in FeverIQ by contributing information about what, if any, symptoms they are experiencing without compromising their privacy due to FeverIQ’s privacy-preserving technology. Pioneers can also donate Pi to support FeverIQ if they agree with its cause and have passed KYC. Given the alignment between Pi Network’s value of a distributed global community and the mission of FeverIQ to fight against the pandemic, the Core Team has decided to donate 10,000 Pi from our Developer Fund to the FeverIQ app to reward Pioneers for their contributions of symptoms reports. Below is the detailed introduction of FeverIQ.

Introduction of FeverIQ

The FeverIQ app is created by a startup company in Palo Alto, California, called Enya. Alan Chiu, co-founder and CEO of Enya, and Jan Liphardt, an engineering professor at Stanford University and co-founder of Enya, are presenting FeverIQ in today’s video. Below is the transcript of their video:

Hi! My name is Alan, co-founder and CEO of Enya, a privacy-preserving analytics startup based in Palo Alto, California, and today we are excited to launch FeverIQ on Pi.

Hi! My name is Jan, I’m an engineering professor and co-founder of Enya. I know Nicolas because Nicolas and I teach one of Stanford’s blockchain classes, and the two of us realize there’s an opportunity to build something very interesting.

We created FeverIQ with input from Stanford researchers to bring you the first privacy-preserving survey and map of Covid-19 symptoms at the neighborhood level. By simply checking in every day with how you are feeling, and your test result if you get tested, you help predict where new cases are developing and which symptoms are most indicative of the disease. This is especially important to track the disease in places where testing infrastructure is limited, and to help people with COVID find the right resources for them.

At Enya, we think that the internet needs fundamentally new approaches for reconciling analytics with privacy. We built FeverIQ on our privacy-preserving platform. We use cryptographic techniques like secure multiparty computation and fully homomorphic encryption to allow data sharing and analytics without compromising your privacy. You don’t have to worry about someone else learning about your identity, location, or symptoms.

FeverIQ allows you to securely share your symptoms. You can see a map that updates in real time and shows you the symptoms that other people around you have shared. If you report your test result you will help scientists better understand which symptoms are most predictive of Covid-19. The discoveries from your contribution will also help policy makers manage the pace of reopening the economy.

Because of Enya’s privacy-preserving technology, nobody knows your location or personal information – not even us. We downsample the location to 1km resolution, and never collect any identifiable information about you.

We are excited to work with you to help stop the spread of Covid-19 and to help your neighborhood re-open safely. Together, we’ll tackle one of the most pressing health challenges of the century, while demonstrating the value of Pi’s distributed, global community.

With FeverIQ, you can see what other people around you are saying, you can help scientists better understand the disease, and you can help policy makers make better decisions about how to restart the economy. I’ve been entering my symptoms once a day, and it would be amazing if you could come join us and do that too. Thank you!

[arcticglobal]

Update on Pi Node
Almost 150,000 Pioneers installed the node, and more than 50,000 of nodes are active on a daily basis. From those nodes, we identified that about 10,000 of them show an early indication that they will be nodes constantly on. From those 10,000, we identified about 3,000 nodes that also have correctly opened their network ports. While nodes with only Docker installation can validate transactions on the Testnet, Supernodes at the moment require specific ports open for network connection and will participate in the consensus algorithm of the blockchain. We hope we do not have to require open ports in future versions of the software through the employment of automated NAT-traversal techniques to run a supernode, but this is still needed at the moment. In addition, we’re aware that the ports of some nodes are inaccessible due to some of the internet providers in some locations, even though the ports were set up correctly. We’re trying to resolve this issue so that more nodes with correct open ports are reachable.

One necessary but not sufficient metric that we consider in the Supernode selection is the consistency of availability and stability of their internet connection to the network. Therefore, we will first focus on selecting candidates for Supernodes, i.e. ones with the right ports open and staying active consistently, although both nodes and supernodes are very important in securing the network. These Supernode candidates will be invited to pass KYC within this week and in the following weeks on a rolling basis. KYC for nodes will come later. The next step in the node selection process is to test run the consensus algorithm on these Supernode candidates. Technically, this means we’ll swap the Docker container that currently can be activated on the node interface for the purpose of network statistics with a Docker container that runs the consensus algorithm. After the test run of the blockchain, we will provide more reports about the performance of these participating Supernode candidates and then will make the final selection. Right now, the candidacy of Supernodes does not guarantee the final selection as Supernodes on the Testnet, but it means the candidate provides the necessary stability and accessibility that Supernodes require and will help us test run the blockchain in the selection period.

If you intend to be selected as a supernode candidate, we encourage you to update the Pi Node to the most recent version, which enables us to capture all the eligible candidates for Supernodes. Specifically, check your version at the bottom of the side menu in the node software. If you have 0.1.0, please update your node version by either clicking the update popup prompt in the interface or downloading the new version on node.minepi.com from you computer. The latest version is 0.2.0.

[arcticglobal]

What is the Core Team working on?
We want to give an update on what the Core Team is working on recently. As laid out in the Pi Phase 2 Strategy announced around Pi Day (March 14, 2020), the Core Team focuses on 2 major aspects: value creation through building the Pi Apps platform and decentralization through progress in the Node and Testnet.

1.Platform API
2.Node
3.Scaling Backend
For the Platform, the Core Team finished multiple iterations on the Pi apps platform along with its first third-party app, FeverIQ. As some of you might have experienced some kinks in the initial prototypes of the platform, we were able to fix them. For example, in the initial prototypes of the platform, the Pi rewards from FeverIQ were not always reliably remitted to some Pioneers, which was due to a scalability bottleneck, as one account (FeverIQ) needs to transfer Pi to accounts of Pioneers on the scale of millions daily. In the current prototype live in the app, almost no such reward issue has been reported. The Core Team is also working on fine tuning the initial Pi Platform API and creating a testing environment, and we aim to make them available for developers in our community very soon, so that community members can apply to be developers and start building Pi Apps in Q3 of 2020.

For the Node, the Core Team is working on enabling the Node interface to turn on the Docker container that runs the blockchain. Technically, it means we’ll swap the current Docker container that can be activated on the node interface for network statistics gathering with a Docker container that runs the consensus algorithm. This will enable us to test run the Testnet with centralized configurations initially and enter the Revision Stage of the Testnet Roadmap. In the meantime, we’re going through a selection process for Supernode and Node candidates. The selection process involves not only the Node statistics analyses but also the exclusion of fake accounts.

We’ve also rolled out a few thousand more KYC slots for Supernode and Node candidates and will continue to roll out more KYC slots (in the order of tens of thousands). So if you’re not selected yet, don’t be discouraged. We’ve not finished selecting yet, and our goal is to enable as many Pioneers as possible who want to serve as a Node or Supernode in Pi Network to do so.

In addition to the above two prongs, the Core Team has also spent significant time during the last few weeks on scaling our backend. Scaling our service and optimizing our architecture are an ongoing effort as our network grows and more functionalities are introduced, e.g. the platform. Some of you might have experienced slow service or Lite mode for the past few weeks. Those are the periods when we experienced overload in the backend or when we’re deploying improvements to previous architecture or migrations to a different database structure. In order to minimize service disruptions of the Pi App and improve Pioneer experience during such disruptions, we built and introduced the Lite mode that allows Pioneers to perform the most crucial and basic actions, i.e. login and mine, instead of having complete service outages.

We’re pleased to introduce more exciting updates very soon as we approach the end of Q2. Stay tuned.

invitation code: cakzxd
www.pinetworkapp.org

[arcticglobal]

Pi Apps Platform for Developers Beta

PI network is launching the Pi Apps Platform for developers all over the world to start building their applications using Pi SDK and testing in the Pi Developer Sandbox. Visit the Platform webpage above to access these developer resources.

Actions:

Submit Developer Application Form
Visit Pi Apps Platform for Developers
Visit Pi SDK and Documentation
Test your own app in Pi Developer Sandbox on desktop only
Read more:
We’re happy to launch the Pi Apps Platform for developers all over the world as a beta, including 1) the first version of Pi SDK and its documentation and 2) a Pi Apps Platform Sandbox for developers to test and visualize their apps. This release, as promised in our Pi Phase 2 strategy to be launched by the end of Q2 2020, will enable developers to start building applications that integrate the Pi currency and to get technically ready to be deployable on the Pi Apps Platform accessible by millions of Pioneers around the globe. It will decentralize the development of Pi’s ecosystem and leverage the power of our global community to achieve the breadth and scale of traditional economies, where real value and utilities are created.

One of the core principles at Pi is to create simple user experience through progressive decentralization, which also applies to how we facilitate developers to build Pi Apps. This is the main reason for adopting industry standard technologies, such as JavaScript, HTML, CSS, and iframes, for developers to integrate with Pi, so that they can focus more on building awesome applications rather than getting complex technologies to work. Pi 3rd-party apps will initially be hitting Pi’s backend so that they can iterate on their app designs and establish their use cases and audiences (user bases). Once they are ready and the blockchain becomes live, their backend will be able to adapt to hit the Pi Testnet or Mainnet directly, eventually achieving decentralization. This ensures the development of utility and decentralization in parallel rather than in sequence, just like Pi Network itself.

Technically, the Pi SDK allows developers to develop their applications in whichever programming language they prefer in their backend and integrate with the Pi Platform interface through Javascript in the frontend. Today’s SDK version will include two major functionalities for developers: 1) authenticate a Pioneer and 2) request a payment from Pioneers.

For authenticating a Pioneer, at the moment, a Pioneer will be able to use a third-party app on the Pi Platform only when they consent to share their Pi username with a specific Pi 3rd-party app. The reason is because the Pi Platform requires the authentication of the Pioneer’s Pi identity in order to process any Pi transfer between the 3rd-party app and the Pioneer. In the future, we will add a method for previewing apps without authenticating first. Requesting payments from Pioneers is the main feature of this version of the Pi SDK. It may appear to be a simple interface, but it’s significant because it means developers can get paid in Pi by serving various applications to Pioneers, and KYC’ed Pioneers can spend their Pi in different applications. This is the backbone of the Pi Apps Platform where Pi becomes a medium of exchange for value, such as goods and services. Based on the thorough analysis of the in-app transfer pilot we published last quarter, we first focus on facilitating applications that increase Pioneers’ Pi spends, because they create demands for Pi in our ecosystem. Later SDK versions will include endpoints that allow more diverse ways of Pi transfers on the platform, e.g. from an app to a Pioneer, and endpoints that improve the user experience, such as to send push notifications, create chat channels, or allow users to invite their friends to join a Pi app.

The visualization of such 3rd-party apps are made available through a Demo app inside the Pi Developer Sandbox. In addition to our demo app, developers can test and visualize their own apps by connecting with the Sandbox. They can test apps both running on their local computers or being hosted on external web servers. Beware that all data about the text users in the Sandbox are pseudo and have no connection with real Pioneers’ data in the production environment of Pi Network. Registering a test app in the Sandbox does NOT constitute an application for running your app on production.

We welcome developers all over the world to build their applications on Pi, whether they are already Pioneers, developers of decentralized applications on other blockchain platforms, or developers who haven’t had experience in the decentralized world yet. Developers can submit their applications through the form here. We’ll make a further announcement on the selection criteria and process for third-party apps in the future. By deploying on the Pi Apps Platform, developers will not only help build the ecosystem of Pi Network in the process of value creation, but also be able to tap into the large and diverse Pi community globally and have a simple integration into the decentralized economy that will be an inevitable part of our future world.

[arcticglobal]

PI Network announced 6 Million active Users on June 28th and PI day activities
Activities:

Add Pi frame to FB profile picture
Add Pi frame to FB videos/photos
No facebook? share this elsewhere
Read more:
Happy Pi2 Day (6/28) to every Pioneer in the world! On this occasion, we’re happy to announce that Pi Network has over 6 Million engaged Pioneers globally, more than half way towards the 10 Million mark.

As some of our early Pioneers may remember, we celebrate June 28 as Pi2 Day (3.14 multiplied by 2 is 6.28). Part of the reason why we celebrate Pi2 Day is that it coincides with the end of the 2nd quarter of the year, and part is for us to share a community activity together. For example, last year, the community came together to create and vote on Pi slogans.

This year, we’re celebrating #Pi2gether on social media with a Pi frame. For Pioneers who use Facebook, you can add the Pi frame to your profile pictures here or to your videos/photos through this Facebook Camera frame here, and share the Pi-framed post with #Pi2gether on Facebook. For Pioneers who don’t use Facebook, you can adapt and share this imageon other social media for Pi2 Day 2020.

We will provide more updates on the project in the following days as part of the celebration of the Pi2 Day and the end of Q2 2020, including Pi Platform and the process for organizing a global online convention along with the community. Let’s Pi2gether!

[arcticglobal]

Apply to Speak at Pi Convention

Two Speaker tracks

We are looking for speakers from different regions of the Pi community in two tracks: community track and developer track.

Community Track is for speakers to present innovative ideas about how their regional community can be organized so that voices, ideas and talents of the Pioneers in their regions can be surfaced.
Developer Track speakers are to present apps they are building or want to build on Pi, and how their app will integrate Pi to build the larger Pi ecosystem.
Speaker sessions

Depending on the language and content in the presentation, all speaker submissions of this application will be considered for two types of sessions:

Global Session: English Speakers with presentation content applicable to the global community will have the opportunity to be considered for addressing the global audience of Pi Network.
Regional Session: Speakers in native languages with presentation content more relevant to the regional community will be considered for the Regional Sessions in the Pi Convention. This is a great way to help highlight community builders & development in each region.
Speaker Guidelines

Speakers must not be self-promotional, but should be educational. Your presentation or talk should focus on an idea, solution, method, approach, analysis or design, rather than a specific brand, name or service. You can demo your product interface and service designs as supporting materials to explain the above. However, the representation or talk must show how such ideas, solutions and designs etc. contribute to the Pi Network ecosystem.
Speakers’ presentations are not the channel to submit requests or questions. If you pose a question about Pi Network in your talk, we expect you to present a potential solution to that question during the same talk. Questions and requests can be sent and heard through a different format of participation in the convention, but not through speakers’ presentations.
Mention of sponsors or third-party promotions are NOT allowed in talks.
Each presentation and talk should be submitted only once. Spamming submissions will not lead to a higher chance of selection.
Speaking Format

Talk length can be between 15 and 45 minutes.
Speakers must prepare slides and presentation visuals.
Given that it is an online convention, Speakers will present in a video format.
Application Process

There are three stages in the application process to be considered as a speaker for the Pi Convention.

First application for Speakers. The Pi Core Team will read applications & invite potential candidates for the next round application.
Second round application. Candidates will be asked more in-depth questions about their presentation & to provide a short demo video submission of it.
Final selected speakers will be contacted and notified.
If you are interested in speaking at the Pi Convention, please apply https://docs.google.com/forms/d/e/1FAIpQLSd2a6tVLcLERJiwzJ8jqVWJtR4eCcnQSKm7eFUCbK9D2E3gAA/viewform

https://www.pinetworkapp.org

[Pegiz]

Perhaps for newbies, Pi is a great way to get to know the world of cryptocurrency and earn something, but as for me, this is not the kind of currency that real traders should work with.

[MinerPath]

I published a text on PI fairly recently: https://bitcoinminingsoftware2019.com/pi-cryptocurrency-mining-from-your-phone-dont-be-left-behind-again/

In my view it's clear- since you don't pay with anything, there's no hurt in testing it. Only thing you need to do is click the "mine" button once a day.

Will that work and does it actually make any sense? Hard to tell at this point, but as long as it costs you zero, I don't see why not try it.

[arcticglobal]

Nicolas announced that PI crossed 7 Million Pioneer on August 7th.
Mine at a higher rate while you can.
Mining PI gets harder as the network grow in order to reward earlier contributors and make PI more scarce.
Do not miss out ! We are still very early.

https://www.pinetworkapp.org

[arcticglobal]

As PI network grows, there has been a recent increase of scams claiming to involve Pi. Remember that Pi is mined for free but currently not for sale. We are not affiliated with anyone or any organization claiming to sell Pi, Pi futures or any derivatives of Pi. All such sales are unauthorized and may lead to your loss of money or personal data. Read more about different types of scams.

Beware of scams
Pi is mined for free but currently not for sale. We’re not affiliated with anyone or any organization claiming to sell Pi, Pi futures or any derivatives of Pi. All such sales are unauthorized and may lead to your loss of money or personal data. Pi is currently not on any trading or futures exchanges or traded for other currencies/cryptocurrencies. For any information about Pi, please always use Pi’s official channels: minepi.com, this app, and our official Facebook, Twitter, Youtube and Instagram pages that are linked from our app. Based on Pioneers’ reports, below are a few tips on how to avoid a few types of scams.

How do you avoid these scams?

Avoid all current unauthorized sales of Pi, Pi futures or derivatives, because either these scams may not have the Pi they claim they do to give you back the promised Pi after you pay them money, or these futures and derivatives will be built on empty assets where nothing is backing their value, thus probably ending up in “pump and dump” situations. Remember it takes time to create and build real value, and the promise of quick money is usually a scam. Because of our policy that all Pi earned through fake accounts or scripting will be burned and the current terms of in-app transfers, many of these scammers who think they own certain amounts of Pi will lose their Pi before the Mainnet due to the behavior prohibited by our policies and terms.

So there is no other way to increase your mining rate or to get more Pi right now but to mine in-app. Beware of scammers who make false claims that you can get more than what can be earned inside the Pi App. You can mine Pi for free by pushing the mining button in the app everyday, and you get rewarded for securing the network by having up to 5 members in your Security Circle, and growing the network by building up your earning team through invites.

Please do NOT give out your personal information (e.g. phone number, email address, passwords, Pi username and balances) to any organizations, websites, social media, or messaging apps for any airdrops or potential trading opportunities. Pi is not conducting any airdrops. As mentioned above, any futures or derivatives of Pi may not be backed by anything, hence you are running the risk of privacy and identity theft in this case.

Any unofficial communities pretending to run paid “Pi KYC” are scams, and you may lose money and potentially have your identity stolen. All Pi KYC processes will only be initiated from this App. You’ll be notified if you’re selected for KYC which is currently free.

Do not share personal information (e.g. phone number, email address, passwords) inside the Pi App chat rooms or any communication channels where strangers can view. Specifically, you should not be exchanging phone numbers or adding strangers to your Security Circle. You should only add people that you trust to your Security Circle. Remember that you are receiving the security circle reward for making the network more secure. If you are adding untrustworthy people to your Security Circle, this action of yours not only did not contribute to the security of the network, but also may have a negative effect on your ability to make transfers and Pi account recovery in the future.

The best place to get information about Pi is from inside the app and on our official website http://www.minepi.com. If you have questions, first check out our FAQs and White Paper, and you can also go to our chat rooms where Moderators with an M symbol may be able to answer your questions. Beware of sites that imitate our website or social media pages. The Pi App has links in the side menu to our official social media sites. Take caution with unofficial Pi-related social pages or groups who offer information or services. There are some resources that may be reliable, but there are others who spread false rumors. So, always refer back to the Pi app or website for official news and information.

Always report suspicious activity

If you come across a scam or questionable activity, please send an email to support@minepi.com with supporting evidence of the scam. If there are Pioneers trying to buy, sell, or trade Pi in the Pi App chat rooms, this is a violation of our terms of service. If you see this activity, please take a screenshot of the violator’s message and email it to support@minepi.com.

https://www.pinetworkapp.org/