Pi Network, “more dangerous than the same corners” according to Ben Zhou

This remark by Ben Zhou aroused a wave of indignation with the Network Pi community, bringing the Bybit application to 2.7 stars on Google Play Store.

Pi Network, a worse crypto as the same corners? Regarding his position on PI Network, Ben Zhou stressed that the project lacks a fully functional product. The Crypto Pi of Pi Network has also not been listed on the main exchange platforms in the Crypto sector despite previous listings on platforms like OKX and Mexc. In addition, Zhou stressed that the value of this crypto is largely based on the expectations of the community rather than on fundamental factors. After years of development, a fully operational blockchain is missing in Networkchain. In addition, the token cannot be exchanged publicly, which has raised many questions about the transparency and the real potential of the project. According to Zhou, relying on the confidence of the community and the FOMO surrounding the theme of AI without a tangible product poses a real danger. This approach can give rise to significant risks if the project fails to reach key stages such as the launch of a Mainnet or a generalized adoption. In the past, Pi Network has repeatedly delayed the launch of its Mainnet and its KYC processes, although it has finally announced an open network for February 20, 2025. More recently, the project extended its KYC deadline on March 14. However, many “pioneers” of the project reported unresolved technical problems and call for more time to resolve them. Given these problems, Zhou argued that Pi Network is more dangerous than the same corners. Some of these projects, such as Dogecoin (Doge) and Shiba Inu (Shib), although there is also community -oriented, have established blockchain foundations and are listed on the main Crypto exchanges. This gives them greater liquidity and a clearer market value. Finally, it should be noted that Zhou had previously said that the PI project was a scam. Reprisals from the Pi Network community The Zhou’s remark on the Vogue Crypto project has hardly shaken the confidence of certain pioneers in the project and triggered a strong reaction from the whole PI Network community. Many argue that the comments of the CEO of Bybit are unfair, because the project is still in the development phase and, according to them, has considerable future potential. “The declarations of the CEO of Bybit, Ben Zhou, on Pi Network reveal a deep ignorance and a superficial evaluation of the Crypto ecosystem,” said the Internet user S_nakotomo on X. The PI community has also retaliated by lowering the note of the Bybit application on the Google Play Store. Zhou, for his part, said that he hoped that the Pi Network team would manifest himself publicly to clarify doubts about their project rather than resorting to personal attacks or targeting its exchange platform. This is not the first time that the PI community has been attacking exchange platforms following unfavorable remarks about its favorite crypto. Indeed, the community previously called to leave notes of 1 star for the Binance application following a voting proposal on PI of the Exchange, before the latter refuses to rate it. However, Binance finally knew how to take advantage of this initiative by introducing a functionality allowing the community to vote on tokens to list or to withdraw. In parallel, the Cours du Token Pi is struggling to find the $ 2 mark in the face of dominant lowered indicators. PPI Cours PI. Source: Beincrypto At the time of writing, the PI was negotiated at $ 1.43, up less than 1 % in the past 24 hours. Morality of history: we hate it or a love Network, but you are never indifferent to it. Notice of non-responsibility Non-responsibility notice: In accordance with the guidelines of The Trust Project, BEINCRYPTO undertakes to provide impartial and transparent information. This article aims to provide exact and relevant information. However, we invite readers to verify the facts of their own and consult a professional before making a decision on the basis of this content.

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