Shocking 😯
#PiNetwork Controversy: Were 70 Million Users Misled?
The Pi Network community has been rocked by an unexpected development. Just as the project announced a massive $100 million fund to support DApp development, many of its 70 million global users — known as “Pioneers” — feel blindsided after years of commitment and anticipation.
What Just Happened?
On May 14, 2025, the Pi Core Team unveiled “Pi Network Ventures,” a $100 million investment fund designed to accelerate decentralized app development on its platform.
However, instead of celebration, the news was met with frustration. Many longtime Pioneers claim they haven't even reached 1,000 Pi due to overlooked referral and ambassador rewards. Now, they’re being told the platform’s future depends on a developer ecosystem — one built on their loyalty and time.
Trust Shattered, Price Follows
Though the announcement briefly spiked Pi’s price, it quickly dropped back to $0.80. For many, this wasn’t just a market correction — it symbolized a deeper crisis of confidence in Pi Network’s leadership and direction.
More than 70 million users across 200+ countries helped grow Pi organically — not with venture capital, but with belief in its mission. That belief is now wavering.
Broken Promises and Silence
Since 2021, the Pi community has endured constant delays — from stalled KYC processes to the ever-elusive Open Network launch. The Core Team once pledged 100 active DApps before the mainnet rollout, yet most remain absent.
Why the silence?
One respected crypto analyst noted:
“Pioneers aren’t just users — they’re the foundation of Pi. The team’s silence speaks volumes.”
Final Thoughts
The unfolding Pi Network controversy underscores a harsh reality: no matter how large the community, a lack of transparency and accountability can undermine everything. If the Core Team doesn’t act quickly to regain trust, it risks losing the very people who built the project from the ground up.
Always DYOR (Do Your Own Research)
#alert #ReportScammer