The Pi Network, once a beacon of hope for decentralized innovation, is now under intense scrutiny from its global user base of over 70 million "Pioneers." Frustration is growing as promises remain unmet and transparency fades.
$100M Fund Sparks Anger
On May 14, 2025, the Core Team announced “Pi Network Ventures,” a $100 million fund to support DApp developers. Instead of excitement, the move triggered backlash. Users feel the team is prioritizing outsiders over the early contributors who helped grow the project.
Unkept Promises
Many Pioneers still haven’t received promised Pi tokens, despite years of referrals and promotion. The shift in focus to third-party developers has left loyal users feeling sidelined and undervalued.
Confidence Declines
Pi’s price briefly surged post-announcement but quickly dropped back to $0.80 — reflecting lost confidence in leadership, not just typical crypto volatility.
Persistent Delays
KYC remains slow and inconsistent.
The Open Mainnet has been repeatedly delayed.
A pledge for 100 DApps before launch is far from fulfilled.
These delays and unclear goals have chipped away at community trust.
Voices of the Community
Pioneers and analysts are speaking out. One summed it up:
> “The community built this — now they’re being left behind.”
What’s Next?
To win back support, the Core Team must:
Address community concerns
Deliver overdue rewards
Communicate openly and consistently
Without this, the project risks losing its most valuable asset — its people.
Always DYOR (Do Your Own Research).
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