Dr. Altcoin is one of the most voices in the PI network. Today, the situation weighs about the confidence in which society was not in the team.
Meanwhile, the market is corrected and the price of PI is lost more than 30 % of its value in the past 24 hours, and it is now trading less than $ 0.90.
The operator of each of the criticisms and low prices seems to be the last announcement of the Pi Network Ventures, a new fund worth $ 100 million aimed at supporting the development of DAPP on the environmental PI system. On paper, this should be good news. But for many pioneers, it was a slap in the face.
After six years of mining, promotion and noise construction, users were repeatedly informed that the open MainNet launch was “just around the corner.” One of the conditions of this launch was at least 100 real PI applications. But with the presence of the open network that now lives in 2025, it has become clear that most of these applications are still not present.
The last step from the Pi Core team leaves pioneers behind them
The last launch of the Pi Network Fentures has sparked frustration throughout society – for a good reason. After six years of dedication, mining, promotion and waiting, the pioneers expected a prosperous environmental system. Instead, we … pic.twitter.com/046ayh4ntz
Dr. Altcoin (dr_Picoin) May 15, 2025
Dr. Altcoin indicated that the main team is now using a part of $ 100 million to build the ecosystem that was already supposed to be present. It raises a clear question: What happened to all advertising revenues within the application that the team has received over the years? What about Hackathons that are supposed to be designed to launch these applications? Where did all this effort and money go?
Another point of frustration is referral rewards and the ambassador. Many users did not receive what they promised, although they brought new members and active remaining. The Kyc operation was slow and inconsistent, with a frequent delay since it started in 2021.
This recent low prices reflect the increasing disappointment. Just a few days ago, the PI value briefly jumped after the main team disturbed a big advertisement. But when it turns out that the advertisement is the project box. Nothing resembles the main exchange list or the system of operating application – the market responded with a sharp correction.
The expected pioneers of progress, not another promise. For many, this is not about the depletion of patience. It is related to accountability. The main team had years to build what they said they would do. Now, after that, they ask for more confidence-and use the value created in society to do the work that should have already been done.
Despite criticism, Dr. Altcoin explained that his frustration is directed at the primary team, not the PI network itself. He still believes that the project can succeed. But he is not alone in calling for more transparency, better communication and real work.
The pioneers built this network. They have been waiting for a long time.
Also read: Will the PI price reach $ 10? The analyst updates his PI network analysis
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