PI COMMUNITY STRONG REACTION
Recently, the Pi Network user community collectively rated the Binance app 1 star on Google Play and Apple App Store. The reason stems from Binance conducting a survey about the possibility of listing the Pi coin but has not made a final decision.
From February 17 to February 27, Binance conducted a survey on listing Pi Network, with more than 87% of participants agreeing. However, Binance emphasized that this result is only for reference and does not determine the listing.
The lack of clarity in Binance's response has made many in the Pi community feel undervalued, leading to the action of giving a 1-star rating to express their discontent.
Before February 17, the Binance app on Google Play had a rating of 4.9/5 stars, but by the evening of March 6, it dropped to 3.8/5 stars with 2.86 million ratings. Similarly, on the App Store, the app dropped from 4.8/5 stars to 4.2/5 stars with about 12,400 ratings.
Binance stated that they have a strict vetting process before listing any cryptocurrency, based on criteria such as project quality, development team, technology, market demand, and regulatory compliance.
Previously, the ByBit exchange was also rated 1 star by the Pi community after founder and CEO Ben Zhou warned about the Pi Network project.
The 1-star rating action from the Pi community aims to pressure major exchanges like Binance to reconsider their decision on listing the Pi coin.
Binance hit by 'storm' of one-star ratings for not listing Pi.