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Is Pi Network dead? What really went wrong behind the hype

Coin Telegraph LogoCoin Telegraph20h ago

Is Pi Network dead? What really went wrong behind the hype - Coin Telegraph

Quick Summary:

All roads lead back to the core teamDespite the talk of decentralization, the reality is that the Pi Core Team has retained almost total control over the project. Every active mainnet node? Controlled by them. Most of the token supply? Still in their hands. That doesn’t sit well with crypto users who believe in distributed power and community-driven networks.

What the Pi Network delivered The roadmap was supposed to be gradual: start with mobile mining, then move toward a testnet, KYC rollout and, finally, full mainnet launch with real trading and utility.

Still waiting on the mainnetPi launched in 2019, and for years, users kept hearing that the open mainnet was “just around the corner.” First there was the testnet.

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Article Details

Author / Journalist: Cointelegraph by Bradley Peak

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-09 @ 09:10:00 (20 hours ago)

News Timezone: GMT -5:00

News Source URL: cointelegraph.com

Language: English

Article Length: 1289 words

Reading Time: 8 minutes read

Sentences: 80 lines

Sentence Length: 17 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coin Telegraph

News ID: 28510020

View Article Analysis

About Coin Telegraph

Coin Telegraph Logo

Main Topics: Crypto

Official Website: cointelegraph.com

Update Frequency: 31 posts per day

Year Established: 2013

Headquarters: United States

News Last Updated: 7 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #11

Publisher Details

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The story "Is Pi Network dead? What really went wrong behind the hype" was covered 20 hours ago by Coin Telegraph, a news publisher based in United States.

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Coin Telegraph is a fully independent (privately-owned) news outlet established in 2013 that covers mostly crypto news.

The outlet is headquartered in United States and publishes an average of 31 news stories per day.

It's most recent story was published 7 hours ago.

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  • URL: https://poppadom.beamstart.com/news/is-pi-network-dead-what-17467785966338

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