{"content":"😱#PiNetwork Scandal: Have 70 Million Users Been Deceived? A shocking twist has shaken the Pi Network community. While the project just announced a massive $100 million fund to support DApp development, many of the 70 million global users called "Pioneers" now feel betrayed after years of dedication and waiting. 🔥 What Just Happened? On May 14, 2025, Pi Network’s Core Team revealed “Pi Network Ventures,” a $100 million investment fund aimed at supporting developers building decentralized applications (DApps) on its platform. Instead of excitement, this announcement triggered massive backlash. Many long-term Pioneers argue that they haven’t even earned 1,000 Pi due to referral and ambassador rewards being disregarded. And now, they’re being told that the future of Pi depends on a developer ecosystem funded by their own time and trust. Price Drop Reflects Trust Crisis The announcement initially caused a small price pump only to be followed by a brutal drop back to $0.80. Many believe this reflects a loss of trust, not just in Pi’s price, but in the project’s credibility overall. More than 70 million users across 200+ countries helped turn Pi Network into a global phenomenon not through VC funding, but through belief in the vision. And now, they feel abandoned. 🤐 Unkept Promises and Lack of Transparency Since 2021, the Pi community has faced endless delays: from KYC verification issues to constantly postponed Open Network launches. The Core Team promised 100 active DApps before mainnet launch but most of them still don’t exist. Why the silence? A respected crypto analyst, said: “Pioneers aren't just users they're the reason Pi exists. The Core Team’s silence says more than words ever could.” Conclusion The Pi Network scandal highlights one painful truth: without transparency and respect for the community, even the largest user base can't guarantee long-term success. If the Core Team doesn't rebuild trust, Pi’s most valuable asset its people may walk away. DYOR ","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025052025/05/17/e571b1f0e2a44eeda1f1b810a0f9de06.png"],"tags":[],"tradingPairs":[],"quotearticleid":0}