Pi Network Will Take Years to Deliver Real Value, Warns Analyst
The post Pi Network Will Take Years to Deliver Real Value, Warns Analyst appeared on BitcoinEthereumNews.com.
After Dr. Nicolas Kokkalis delivered an inspiring keynote at Consensus 2025, outlining Pi Network’s AI-era ambitions and decentralized future, a respected altcoin expert, known as Dr. Altcoin on X, issued a grounded response that challenges the overly bullish outlook. While Kokkalis spotlighted Open Mainnet, a thriving ecosystem of over a thousand apps, and real-world use cases, Dr. Altcoin pointed out serious structural and executional hurdles that could delay true ecosystem growth for several years. 1. Ecosystem Expansion Needs a Proper Venture Team Dr. Kokkalis mentioned the increasing number of applications being built on Pi. However, Dr. Altcoin stressed that a dedicated venture support arm is essential for real growth. Without it, developer efforts may stall due to lack of funding and strategic guidance. 2. Project Funding Selection Could Take 6–12 Months While the high application count reflects interest, Dr. Altcoin explained that selecting viable projects for funding is a time-consuming process. Vetting, evaluating, and shortlisting projects could take at least 6 to 12 months. 3. Fund Disbursement Will Add Another 3–6 Months Even after projects are selected, disbursing funds isn’t immediate. Dr. Altcoin estimates that developers will likely face a wait of 3 to 6 months before receiving financial support, slowing the ecosystem rollout. 4. DApp Development Will Take 1–2 Years Dr. Altcoin raised concerns over the quality of current DApps, stating that building applications with real-world utility and security will take 1 to 2 years. Current excitement over quantity, he argues, is misplaced without quality and functionality. 5. Full Ecosystem Maturity May Take Up to 5 Years According to Dr. Altcoin, a fully developed Pi Network ecosystem — complete with solid infrastructure, funding, and quality applications — is likely 2.5 to 5 years away. The process includes: Forming a capable venture support team Filtering and funding promising projects Development…
Filed under: News - @ May 17, 2025 7:25 am