Blockchain Ecosystem
The winning business app of the first Pi Hackathon was Pi Workforce Pool, an employment marketplace with Pioneers. The winning ecosystem app was PiCare, a bug-reporting system for Pi apps.
Unique risks
There isn't any financial risk with Pi because the app is free to use. The only thing you're spending is your time when you check in to keep mining.
The question is whether Pi is worth your time. Some users see it as a no-lose situation. If Pi never amounts to anything, they're not out any money. If it does, they can sell the PI coins that took very little time and energy to obtain.
That's one way to look at it, but don't hold your breath on Pi being worth anything in the future. The project has been around for years without launching, and its cryptocurrency has zero value. There has even been speculation that it could be a social experiment to see how long people will continue mining a cryptocurrency they can't withdraw or use.
It's worth noting that the Pi Network app can collect and sell your data, including personal data, app usage data, and advertising-related data. Additionally, the Pi Network requires that you give them your "Know Your Customer" (KYC) information such as copies of your government-issued identification before you will be able to buy, sell, or trade anything from the future apps that will be released on the Pi Network. If you prefer to limit who can access your data, then you probably wouldn't want to download Pi Network.
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