“You Won’t Believe What Sent Pi Network Tumbling—Scandalous Betrayal or Bold Move?”
It is a truth universally acknowledged, that a cryptocurrency in possession of a good valuation, must be in want of a scandal. The Pi Network, having recently experienced a most delightful ascent to $1.40—a fortune doubling worthy of Lady Catherine’s scrutiny—has now, with shocking rapidity, backslid by a full third of its value. Pray consider it now trading—or, one might say, languishing—at a rather unromantic $0.86.
What Occurred, Pray Tell?
On the memorable date of the fourteenth of May, the Pi Core Team, with as much flourish as a letter from Mr. Darcy, announced the birth of Pi Network Ventures. This ambitious (some might say overly confident) initiative proposes a $100 million investment fund—equal parts Pi and U.S. dollars—intended to promote startups and enterprises of such innovative character that even Sir Walter Elliot might approve. If one is desirous of learning more, the invitation stands to peruse the information directly within the Pi Network app’s home screen (modern convenience, indeed 🎩).
The Core Team bestowed upon this declaration the prestige of a “pivotal step” for the development of practical applications and the adoption of Pi in the humdrum of daily existence. Because who among us does not crave a brisk walk down the high street, Pi tokens in tow?
Why the Uproar? 😤
Much consternation arose amongst the community, with a certain Dr. Altcoin—who, I assure you, takes to social media with the frequency of a Bennet daughter attending a ball—proclaiming this development to be “nothing short of a betrayal.” According to him, the Pi Network Ventures announcement rather ungratefully disregarded the ceaseless industry and unwavering devotion of its community—the valiant Pioneers—who have, for six years, toiled with the sincerity of Charlotte Lucas searching for a husband.
As Dr. Altcoin pondered with very little restraint: “We waited, we believed, and we contributed.” (The tales one could tell of waiting—for fortune, for love, for a mainnet!) Yet, despite their steadfast support, the promised DApps remain as elusive as a favourable marriage proposal for Mary Bennet. The $100 million investment, too, is a curious thing—drawn, as Dr. Altcoin wryly notes, from the faith and toil of the very community now feeling most jilted.
He further remarked (with a sigh audible across the pianoforte): the majority of Pioneers did not even amass 1,000 Pi tokens, due to a sudden cessation of referral bonuses—leaving them with little more than wounded pride and empty purses. “Unfair!” he declared, “—as unfair as Lady Catherine’s inheritance laws.”
Pi Network once flourished on the effusive energies of over 70 million souls in more than 200 countries—a veritable assembly rivaling the best society ball. These Pioneers were driven not by vulgar commerce, but by a sense of communal spirit. And now, finding themselves abandoned for shinier projects and grander visions, many feel more slighted than Mr. Collins not invited to dinner.
“The silence from the Core Team,” Dr. Altcoin concluded in a tone worthy of Pemberley’s drawing room, “is deafening. Pioneers are not mere users—we are the very foundation of Pi Network.” One imagines the tea being spilled, and not just upon the fine porcelain.
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2025-05-15 04:53