The Pi Network community is demonstrating growing concern over stagnation in the project's development. Existing issues could lead to a price decline if the team does not take necessary action.
The Need for Transparency and Leadership
The Pi team should establish a clear mainnet launch date or enable cross-chain functionality for broader token use. Implementing a DAO governance system would give the community a voice in decisions. Reducing supply by burning or airdropping inactive tokens could help boost morale.
Technical Partnerships as a Key to Success
To remain relevant, Pi must establish partnerships with serious players like OpenAI, Google Cloud, Binance Cloud, or Chainlink. Integration with Layer 2 solutions and decentralized storage such as Arweave would create real utility, attracting new users and investors.
Outlook on Tokenomics and DeFi
To address the fear of 'infinite inflation,' the core team should release a detailed token unlock schedule, disclose team holdings, and introduce a deflationary mechanism. Connecting with DeFi through Pi/USDT trading pairs and launching staking pools would enhance trust and token popularity.
If the Pi team takes action now, it could serve as a turning point for restoring prices and community trust. Key steps include creating transparent tokenomics, establishing partnerships, and introducing real use cases in DeFi.