Pi Network is an application with which the users can “mine” Pi Coins, again just by the tap of a button every day with no cost, no up front. Though this app has million users and this is the rapid growth it sees, many of the skeptical voices are being thrown around the platform. This model is said to be working based on a business model similar to a pyramid scheme, as it has an entire system that only depends on referral, and an actual working mainnet does not exist, hence the Pi Coins are useless and worthless. In-app commercials money is made when users are compelled to view adverts before they could continue mining. This will deceive the users, who waste their time without any benefit, and the advertisers, who take into account greater engagement metrics. All these factors lead to the assumption that the model of Pi Network is more biased toward revenue generation from ads rather than providing genuine cryptocurrency experience.