Pi Network, a popular cryptocurrency project, is facing backlash from its users over alleged inconsistencies in its roadmap. A user named @SuperRisingSR took to Twitter to voice his concerns, citing delays in the Mainnet Launch and Know Your Customer (KYC) process, lack of transparency, and failure to provide clear deadlines.
According to @SuperRisingSR, the project is “moving on a hopeless track” and lacks transparency to its users, who are referred to as “pioneers.” He also criticized the project for not providing any answers as to when the Mainnet Launch and KYC process will be completed.
Furthermore, the user pointed out that the project has not undergone any audit to assess its viability, leaving users uncertain about its future prospects. @SuperRisingSR also expressed concerns about the project’s use of distributed ledgers while only making the Block-Explorer publicly visible.
This project is moving on hopeless track now where @PiCoreTeam hasn’t :
1. Any Deadlines
2. No transparency to Pioneers
3. Zero answer for WHEN
4. No audit to get some score of the project
5. Using Method of Distributed Ledgers while only Block-Explorer is made publicly visible
— S R 🚢☀️ (@SuperRisingSR) April 24, 2023
The Pi Network was launched in 2019 with the aim of creating a user-friendly cryptocurrency that can be mined using a smartphone. The project gained popularity due to its unique approach and the fact that it does not require any specialized hardware to mine.
However, the recent criticism of the project’s roadmap has raised questions about its viability and long-term prospects. Some users have even suggested that the project may be a scam.
It is clear that everything is lagging behind, it is time for us to learn more projects that should not be too focused on pinetwork
— Crypto (@Pimainnet286) April 24, 2023
The Pi Network has amassed a user base of over 35 million, making it one of the fastest-growing cryptocurrency projects. However, the recent criticism of its roadmap underscores the challenges facing the project as it seeks to establish itself as a viable project.
As the cryptocurrency industry continues to evolve, users are increasingly demanding transparency and accountability from projects. It remains to be seen how the Pi Network will respond to the criticism and whether it will be able to regain the trust of its users.