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Pi Network User Protests Core Team’s Conditions for Open Mainnet Launch in 2024

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In a reaction to the recent unveiling of the open Mainnet roadmap update V2 by the Core Team, a Pi Network user with the X handle @loubonafide has taken to social media to voice concerns over the conditions set by the Core Team for the open Mainnet launch scheduled for 2024. The user’s tweet, “How can developers build DeFi, NFTs, DEX, and other related products when Pi is closed and has no value, and no open mainnet? Forty apps are stagnant, and some are dying and unsustainable due to financial issues,” highlights the growing frustration within the Pi Network community.

Pi Network, a decentralized cryptocurrency project, has garnered a substantial user base since its inception. The anticipation for the Mainnet launch has been palpable, as it is expected to bring a new era of openness and value to the Pi ecosystem. However, @loubonafide’s protest sheds light on perceived obstacles hindering developers from unleashing the full potential of the platform.

The user’s criticism revolves around the closed nature of Pi’s current state, asserting that the lack of an open Mainnet inhibits developers from creating innovative decentralized finance (DeFi), non-fungible tokens (NFTs), decentralized exchanges (DEX), and other related products. The argument suggests that without an open Mainnet, Pi lacks intrinsic value and hampers the growth of the ecosystem.

Furthermore, @loubonafide draws attention to the impact on existing applications within the Pi Network. Allegedly, forty apps are described as stagnant, with some facing financial challenges and struggling to sustain themselves. This raises concerns about the overall health and viability of projects within the Pi ecosystem, potentially influencing developers’ willingness to contribute and participate.

The Core Team of Pi Network has yet to officially respond to @loubonafide’s concerns, and the broader community awaits clarification on the roadmap leading to the Mainnet launch. As the dialogue unfolds, the spotlight is on Pi Network’s commitment to openness, developer engagement, and the long-term sustainability of its ecosystem. Read More

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