I feel a strong sense of responsibility toward the Pi Network community because I have been one of its main advocates over the years.
We will give the Pi Core Team @PiCoreTeam until the end of August to deliver significant progress on Pi Network.
As I have said before, what the Pi Core Team @PiCoreTeam has achieved so far feels like 2 years’ worth of work stretched over 7 years.
The Pi community deserves clear answers on the following:
1. Updated Whitepaper and Roadmap
There is still no clear timeline. The community is tired of guessing Pi Network’s goals, direction, and long-term vision.
2. Clear Tokenomics Explanation
The circulating supply is around 11 billion Pi, with an effective total supply of around 17 billion Pi. The current price is around $0.098, while close to 83 billion Pi remains.
What is the plan for this large remaining supply? What burn mechanisms will be introduced?
3. Blockchain Protocol Upgrade to V26
The V26 upgrade was expected in mid-June. We are now in July, yet Pi Network is still stuck on Version 24. Why the delay?
4. The Promised 100 DApps
The Pi Core Team promised 100 DApps by 2024. Two years later, we only have a few community DApps and no serious, highly engaging ecosystem. Where are the promised 100 DApps?
5. Community DApp Funding and Support
Over the past 7 years, the majority of the Pi Network community has gained very little from Pi Network.
Where is the funding for community DApps? Where is the influencer programme? I have not heard of a single community member receiving meaningful support to build DApps.
Instead, I have heard many stories from Pi Network DApp builders who abandoned their projects because they could no longer cover operational costs.
So where is the promised $100 million fund going?
The Pi Network community is one of the most dedicated and loyal communities in crypto. Yet the Pi Core Team continues to treat the community like a liability instead of its greatest asset.
The community deserves answers and solid progress from the Pi Core Team by the end of August.
Share this post and tag the Pi Core Team. If this goes viral, it can attract media attention. If it attracts media attention, the Core Team may finally wake up from their comfort zone and deliver.
@PiCoreTeam @nkokkalis @Chengdiao
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