The Pi Core Team’s Latest Move Leaves Pioneers Behind

The recent launch of Pi Network Ventures has sparked frustration across the community—and for good reason. After six years of dedication, mining, promoting, and waiting, Pioneers expected a thriving ecosystem. Instead, we have learned that most of the promised 100 DApps still do not exist, and a 100 million dollar fund will now be used to build them.

Broken Promises, One After Another:

1. Most Pioneers never earned over 1000 Pi—not due to inactivity, but because referral rewards were never credited, and Ambassador bonus promises were quietly ignored.

2. KYC began in 2021. We embraced it and prepared for mass onboarding. But what followed were repeated delays, each with changing justifications.

3. The Open Network was promised almost every quarter since 2022, with constant hints that launch was just around the corner. Yet it took another three years to arrive—finally launching in 2025. By then, the excitement had faded, and the milestone had lost meaning.

4. One of the main reasons given for delaying the Open Network was the need to meet three core conditions—one of which was having 100 real Pi apps live or Mainnet-ready.

But todays announcement makes one thing painfully clear: even after six years—and despite the Open Network finally launching—most of those apps still do not exist. Now, the Core Team plans to use part of the 100 million dollar fund—value generated through the sweat, belief, and patience of the Pioneer community—to finally build what should have already been in place.

So what happened to the millions generated from years of in-app ad revenue? And what about the hackathons—were they not meant to incubate and launch these very DApps?

Too many questions. And as always—no real answers.

Trust Is Fading

Just days ago, the Core Team hyped a major ecosystem announcement, briefly pushing Pi value higher. But once the news dropped, Pi fell to 0.80 dollars—clear proof the announcement did not meet expectations. If it had, the market would have reacted with confidence, not disappointment.

We Deserve Better

Pioneers built this network. We are not just users—we are the foundation. It is time the Core Team delivers with real transparency, accountability, and respect for the community that made Pi what it is.

Please note: My criticism is always directed at the Pi Core Team—not the Pi Network Project. There is no doubt the project itself will become a success story.


@Dr_Picoin #piscam