Pi Network stands out as a cryptocurrency project that has been promising mobile mining for four years. However, throughout this period, the project has failed to achieve the breakthroughs it promised. While continuing to collect personal information from users via KYC (Know Your Customer) verification, it also generates revenue by making users watch ads. Moreover, this ad revenue belongs solely to the Pi Network team. It is likely that a significant amount of income has been generated from years of ads. Although the project started with a promise to change the world, it has so far provided no functionality other than earning Network: Is It Really Trying to Change the World?

The updates released by Pi Network, such as testnet, testnet 2, and version 0.5.0, are considered misleading steps by many users. The various promises made, including KYC verification, have not yet materialized into an actual cryptocurrency. As the project enters its fifth year, users are still waiting for a cryptocurrency to be brought to life by participating in simple mining processes and watching ads. This situation is seen by some as a global scam.

When considering advancements in artificial intelligence, Pi Network's development pace is notably slow. For instance, AI technologies developed from scratch were able to emerge as intelligent robots within just two years. In contrast, despite being active for four years, Pi Network has yet to launch a cryptocurrency, which already has numerous examples worldwide.