Pi Network Disappoints
After a long wait, the first consensus of Pi Network took place - an event that was expected to be a turning point to open a new era for this ecosystem. However, instead of bringing confidence and motivation, what was announced left many pioneers feeling disappointed.
The information shared at the event was assessed as unclear, vague and did not provide a specific roadmap for the open mainnet. Expectations of widespread listing, accelerated KYC, or a price boost all failed to materialize.
Immediately after the event, on social media communities, many pioneers began to express their disappointment. In particular, the phenomenon of dumping goods began to appear in some P2P markets, with the price of Pi slightly decreasing compared to the time before the consensus.
Although this was not a large dump, it showed that confidence was wavering in a part of the community. If the Pi development team does not take more concrete and clear actions soon, there is a high possibility that the wave of dumping will spread, affecting the process of building and developing the ecosystem.
The first consensus event - which should have been a solid stepping stone - has now become a test of the community's trust. The question now is: What will Pi do next to maintain that trust?
