Pi is a genuine effort by a team of Stanford graduates to give everyday people greater access to cryptocurrency. Pi’s core team is led by a team of early innovators in blockchain and social computing, with PhDs from Stanford University. No one can guarantee that the project will succeed. However, the Core Team is committed to working their hardest along with all Pioneers to make our shared dreams a reality, while maintaining the highest standards of integrity. You can learn more about the “Core Team” on the Team page on the website.
Furthermore, the app is free. You never have to spend fiat money out of your pocket in this app. The app was vetted and approved by Google Play and the Apple App stores. The Google Play store alone shows millions of downloads.
In fact, the network uses a native, decentralized KYC process to identify and verify that the members have only one account and to prevent bots or fake accounts from trying to game the system.