The six-year dream of Pi Coin shatters: the scam ends and the bubble bursts
After six years of waiting, Pi Coin claimed to become the "currency of the future," attracting countless people to earn virtual wealth by watching ads. However, when the mainnet was finally launched, the revealed truth was astonishing: Pi Coin had no decent blockchain technology support and was just a joke similar to point collection in mobile games.
Even more ironic is that the Pi Coin team itself did not believe that the project could be executed publicly. They had relied on the old routine of "getting rich by watching ads" to attract users, but as advertising revenue dried up, the project gradually wobbled. Faced with dissatisfaction and threats from the community, the team had to rush to find a solution and ultimately opted to hitchhike and connect Pi Coin directly to the Stellar network, trying to cover its gaps with the existing system. To make the project seem more mysterious, they even used the number 314 as an auspicious number and set the mainnet launch date to "314 days later." However, behind this "mathematical genius" lies a complete scam.
Six years of anticipation, the time and energy of countless users, ultimately resulted in an empty promise. The Pi Coin bubble burst, leaving behind only an endless disappointment and sadness.