Is Pi Coin Scam or Legit?

Although over 33 million people are already mining Pi Coin via the Pi Network app, due to many uncertainties, the often raised question is whether Pi Coin is a scam or legit? Does an application with a 'pyramid' scheme, the use of miner data and advertisements depict a well-conceived scam or an innovative way of making a profit? There is no one-size-fits-all answer to these questions, but we continue to present you with the available information at Crypto Blog, so you can decide for yourself. 

On the plus side, blockchain technology is considered innovative in the context of accessibility and environmental protection, the founders have an impressive educational background and an extremely large number of people are already involved in the network. On the other hand, the fact that the founders have great control over the network, that there is a lack of transparency, investment is based on Multilevel marketing methods, and that the process itself is called mining, although it is not, causes insecurity and a sense Pi Coin is a scam.