Pi [IOU]

Pi Network, claiming over 60 million users worldwide, is facing growing criticism over its "mining" methods. Users simply press a button daily, raising doubts about the project's legitimacy and suggesting possible personal data collection. 
Despite the claimed user base, blockchain data shows only about 6.2 million wallets. This means that only approximately 10% of users are actually active on the network. Furthermore, only about 0.16% of wallets are active daily, significantly below industry averages. 
Experts are concerned that users provide personal data during registration and "mining" processes. The lack of transparency and rapid token supply inflation raise questions about the real value of Pi and the project's true intentions.

Pi Network’s “mining” methods criticized: Over 60 million users under data collection suspicion

Ultramining_Eng

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