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.
Do we know why the PiNetwork founders require 100 apps from the community?
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… pic.twitter.com/C5yy34ce2f
— GCV Specialist (@loubonafide) December 29, 2023
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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Plsssss let’s build utilities, expand KYC, and fight external factors while on open mainnet….plsss it will bind the community together in victory success and jubilation and MUCH MORE…
Pi CT unconsciously or deliberately hampering pi progress. The whole world is ready for open mainnet. The frustration of pioneers is already overwhelming. Everything really shrouded in mystery.
Totally agree..
As ever, if you try to be perfectionist you will loose you core value hence loose it all and eventually failure. Being software product you must look at customers ( piooneers). Now you push back every to community to make it happen ?
Why ? Because prolong earning to pi start up company?
Build DApp cost money
Run node cost money
….
Yes, let’s we all build the “pi” wth whole dynamism n make it the top most cryptocurrency of the world..
Let’s think, innovate n act to shine our project that we worked on for years…
It may bw some other data they have that is waiting for the perfect launch timing.
Timing is essential to any business. With the compa ies of great .magnitude as amazon, ibm, Google, tesla, and then the major credit card transfer companies collaborating with them.
All these other huge impact companies adopting less transparent tokens.
The transparency of the white paper is extensive.
I get frustrated o. The wait myself. But I think they may have leads that may not be spoken of to not change optimal release timing.
Just a thought.
I have been trying to get the support people to let me do kyc is just say spot available
I am sending you 1π! Pi is a new digital currency developed by Stanford PhDs, with over 47 million members worldwide. To claim your Pi, follow this link https://minepi.com/Asanangtinola and use my username (Asanangtinola) as your invitation code.
I am sending you 1π! Pi is a new digital currency developed by Stanford PhDs, with over 47 million members worldwide. To claim your Pi, follow this link https://minepi.com/daiv101 and use my username (daiv101) as your invitation code.