You have not selected any currencies to display

Pi Network Faces Accusations of Prioritizing Ad Revenue Over Open Mainnet

Terfa Ukende
views : 111

Allegations have surfaced against the Pi Network Core Team, with a user under the handle @Turkkriptogrubu launching scathing accusations, claiming the team is prioritizing ad revenue over the completion of an open Mainnet—a move that has sparked outrage and concern among millions of Pi Network users.

@Turkkriptogrubu’s tweet highlighted two significant grievances plaguing Pi Network users. Firstly, users have reported difficulties in receiving their tokens following the Mainnet migration, leaving them unable to access their promised digital assets. This failure to fulfill commitments has eroded trust and credibility within the community.

Secondly, @Turkkriptogrubu pointed out issues with Know Your Customer (KYC) verification, a standard procedure to ensure compliance and legitimacy in cryptocurrency projects. The inability to complete KYC verification has added to user frustration, exacerbating concerns about the project’s management.

The tweet also accused the Core Team of focusing on advertising revenue at the expense of addressing user concerns. This perceived prioritization of profit over user experience has ignited discontent within the Pi Network community, with users questioning the project’s integrity and priorities.

Despite the accusations, the Pi Network Core Team has yet to respond officially. However, the allegations have sparked discussions among users, prompting further scrutiny of the project’s practices and management.

As stakeholders await a response from the Core Team, concerns linger regarding token distribution, KYC verification, and the perceived prioritization of ad revenue. The outcome of these allegations could have significant implications for Pi Network’s reputation and user trust.

Pi Network, once celebrated for its promise of decentralized cryptocurrency mining via smartphones, now faces scrutiny and skepticism. How the Core Team addresses these accusations will determine the project’s trajectory and its ability to regain trust within the cryptocurrency community. Read Similar Story

Share This Article
  • Keep mining Pi! Reactivate if you have given up! Pi is well worth your few second a day effort. It is the only free mining Layer 1 crypto project with over 100 million people joined and 50 million miners active. Remember , money goes to wherever people are. Pi communities in over 230 countries worldwide are the most vibrant communities. It has over 3.1 million followers in X and will soon catch up with the 2nd most popular crypto Ethereum ‘s 3.2 million. The long journey of 5 year development is near completion. Pi Network has plan to open mainnet in 2024, your efforts will be greatly rewarded soon! The Pi IOU has been trading in several exchanges since January 2023 and the price is at over $30/Pi. Why do you think that it can commend such a high price before it even officially goes public? Please think harder!

    Mine Pi for free on your phone!
    I am sending you 1π! To claim your Pi, follow link https://minepi.com/yajer72 use (yajer72), your invitation code.

  • FREE RUBIES.($7.76 per one)
    Join me now for free mining of digital assets in Rubi Block!,It’s real,KYC is in Progress! Let’s click to link:
    https://rubi.click/join/QAZI222
    Enter the code “QAZI222”
    Mine 1.4 RUBI($7.76)Per day for free!(ONLY ONE CLICK PER DAY).

  • Dotchain mainnet is launching 50X to 90X faster than any other blockchain project, which allows users to earncoins using a handy device. Use this link to join and start mining DOT & Play games to Win ACE https://dotchain.network/refer/Qazi222 Use my invitation code(Qazi222)to get 1.5/hour base rate

Leave a Reply

Your email address will not be published. Required fields are marked *