The Rise and Fall of Trust in Pi Coin: How the Team Can Restore Confidence
$PI Network started as a revolutionary idea—bringing cryptocurrency mining to the masses using mobile phones. Millions of pioneers joined the movement, believing they were early adopters of a future global digital currency. However, over time, trust in the project has significantly declined.
But why? And more importantly, how can the Pi Core Team restore faith in the project?
Why Has the Community Lost Trust in Pi Coin?
Many pioneers are growing impatient and frustrated due to several key issues:
1️⃣ Endless Delays in Open Mainnet
From the beginning, pioneers were told that the project would eventually transition to an open and decentralized mainnet. However, despite multiple promises, the Open Mainnet is still not live. The enclosed mainnet has limited Pi’s usability, preventing pioneers from fully utilizing their tokens.
Every time the team pushes the launch date further without clear reasons, trust weakens. People begin to wonder:Is Pi Coin a real project, or is it just an endless waiting game?
2️⃣ Lack of Transparency and Clear Communication
The Pi Core Team rarely gives straightforward updates. Most announcements are vague, filled with general statements about “progress” without real details. Unlike other crypto projects that engage their communities daily, Pi’s team remains largely silent.
Without transparency, rumors and doubts spread quickly. Some even question if Pi will ever be a real, tradable cryptocurrency.
3️⃣ KYC Issues: Millions Still Left Behind
The Know Your Customer (KYC) process has been a nightmare for many pioneers. Some have waited for months or even years without approval. Others have completed KYC but still face issues migrating their Pi to the mainnet.
If millions of pioneers can’t even verify their accounts, how can Pi truly become a global currency? This frustration has led many users to abandon the project altogether.
4️⃣ No Real-World Use Cases
A cryptocurrency’s value depends on its utility. While some businesses accept Pi within the enclosed network, mainstream adoption is still lacking. Pioneers expected partnerships with major companies and global merchants—but so far, those expectations remain unfulfilled.
Without real adoption, Pi remains just a number on a screen, not a usable asset.
5️⃣ Overpromising and Under-Delivering
Early on, the Pi team created huge expectations. Many pioneers believed Pi would be listed on major exchanges and have significant value upon mainnet launch. However, as time passed, those dreams have faded.
The lack of a realistic roadmap has led to disappointment, making it harder for pioneers to stay engaged.
How Can the Pi Team Regain Trust?
While trust has been damaged, it’s not beyond repair. Here’s what the Pi Core Team must do to restore confidence in the project:
✅ Set a Clear and Public Roadmap
The team must provide realistic timelines** for the Open Mainnet, KYC fixes, and global adoption plans. No more vague promises—just clear deadlines and milestones.
✅ Improve Transparency and Communication
Regular updates through official channels, AMA (Ask Me Anything) sessions, and better engagement with the community will help rebuild trust. Pioneers need to feel heard.
✅ Fix KYC and Make It Accessible to All
A fair and efficient KYC system is essential. No more delays, no more random selections—everyone who has mined Pi should have a chance to verify their identity.
✅ Speed Up Open Mainnet Launch
The enclosed mainnet has limited the project’s potential. To keep pioneers engaged, the team must launch the Open Mainnet as soon as possible and allow Pi to be traded freely.
✅ Create Real-World Use Cases
The team should partner with major businesses, online platforms, and service providers to make Pi a true medium of exchange. Without real-world adoption, Pi’s value will remain speculative.
✅ Address Community Concerns Honestly
Instead of avoiding criticism, the team should acknowledge past mistakes and show that they are actively working on solutions. Trust is built through honesty, not silence.
Can Pi Coin Recover?
Pi Network still has a massive global community. The concept is unique, and the potential is huge—but without real action, it risks becoming just another failed crypto experiment.
The ball is in the Pi Core Team’s court. If they make the right moves, they can still turn things around. But if they continue delaying, ignoring concerns, and failing to deliver, more pioneers will lose faith, and Pi will fade into obscurity.
What do you think? Is there still hope for Pi Coin? Or has the damage already been done? Drop your comments below!🚀👇
Metaplanet’s Bitcoin Bet: Tokyo Firm Adds Millions More in BTC to Treasury
Metaplanet Inc. has further increased its Bitcoin reserves, acquiring an additional 150 BTC at an average price of 12,526,226 yen per Bitcoin. The total transaction amounted to 1.879 billion yen. With this latest purchase, the Tokyo-based firm now holds a total of 3,200 Bitcoin, valued at 40.331 billion yen in aggregate.
According to the notice shared on X, the company has been actively expanding its Bitcoin treasury. It officially made Bitcoin accumulation a core business strategy in December 2024. These purchases are funded through capital market activities, including the issuance of bonds and stock acquisition rights.
Metaplanet continues raising capital to support its Bitcoin strategy. The firm has issued multiple stock acquisition rights and zero-coupon bonds to secure funds for purchases.
On March 18, 2025, the company’s board approved the issuance of the 9th Series of Ordinary Bonds, raising an additional 2 billion yen. These bonds, issued to EVO FUND, will mature on September 17, 2025, and are slated for redemption using proceeds from stock acquisition rights. The funds will be allocated for further Bitcoin accumulation.
Related: Tokyo-listed Metaplanet adds $13.5 million in Bitcoin, plans further bond-funded purchases
This follows previous bond issuances, including the 6th, 7th, and 8th Series of Bonds, which also funded Bitcoin purchases. The company also employs financial metrics such as BTC Yield, BTC Gain, and BTC ¥ Gain to assess its acquisition strategy. These indicators help measure Bitcoin growth relative to share dilution and market conditions.
Stock acquisition rights have been a crucial element of Metaplanet’s funding strategy. Since January 2025, the company has issued several tranches, resulting in millions of new shares being created through their exercise. The most recent 13th and 14th Series of Stock Acquisition Rights generated 20.263 billion yen, significantly contributing to the firm’s Bitcoin holdings.
Metaplanet’s Bitcoin holdings have grown significantly over the past year. From January 1 to March 18, 2025, the company achieved a BTC Yield of 60.8%, following a 309.8% increase in the previous quarter.
Related: Metaplanet’s Stock is Up 3,600% Thanks to Bitcoin
As of July 2024, the company held just 161 BTC. By March 2025, that number had surged to 3,200 BTC. The firm’s aggressive Bitcoin acquisition strategy aligns with a broader trend of corporate adoption of the cryptocurrency.
Despite growing institutional interest in Bitcoin in recent months, its price has experienced volatility due to broader economic factors. Bitcoin is currently trading around $83,154, showing a modest 0.2% loss in the past day and a 15% decline over the past month.
Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.
cVault.finance 社群媒體數據
過去 24 小時,cVault.finance 社群媒體情緒分數是 3,社群媒體上對 cVault.finance 價格走勢偏向 看漲。cVault.finance 社群媒體得分是 10,024,在所有加密貨幣中排名第 218。
根據 LunarCrush 統計,過去 24 小時,社群媒體共提及加密貨幣 1,058,120 次,其中 cVault.finance 被提及次數佔比 0.01%,在所有加密貨幣中排名第 177。
過去 24 小時,共有 492 個獨立用戶談論了 cVault.finance,總共提及 cVault.finance 151 次,然而,與前一天相比,獨立用戶數 增加 了 1%,總提及次數增加。
Twitter 上,過去 24 小時共有 1 篇推文提及 cVault.finance,其中 0% 看漲 cVault.finance,0% 篇推文看跌 cVault.finance,而 100% 則對 cVault.finance 保持中立。
在 Reddit 上,最近 24 小時共有 0 篇貼文提到了 cVault.finance,相比之前 24 小時總提及次數 減少 了 100%。
社群媒體資訊概況
3