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- Pi Network needs to present a clear roadmap at TOKEN2049.
- Users demand faster blockchain upgrades and Pi App Studio progress.
- Transparency on the $100M Pi Ventures fund is critical to rebuild trust.
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The Pi Network community is pinning its hopes on the upcoming TOKEN2049 event in Singapore, where founder Chengdiao Fan is slated to deliver a keynote on October 1. As a Gold sponsor, Pi Network has a rare chance to address its massive global user base and the wider crypto industry—many of whom are waiting for answers.
With Pi coin down nearly 90% from its all-time high, clarity from the core team has never been more critical.
A Long-Awaited Roadmap
Despite launching in 2019 and attracting over 100 million users, Pi Network has yet to release a clear roadmap for mainnet activation or regulatory compliance. Users expected Pi to power real payments, peer-to-peer transfers, and decentralized apps, but the project remains stuck in a “closed mainnet” phase.
The TOKEN2049 keynote offers a crucial opportunity to outline key milestones, timelines, and plans for eventual exchange listings on major platforms like Binance and Coinbase. Without such clarity, community trust risks eroding further.
Technical Upgrades and App Studio Progress
Pi’s recent upgrade from version 19 to 22 on Testnet1 was a start, but the community wants a full upgrade to version 23 to unlock stronger scalability, improved transaction handling, and better interoperability. This is seen as essential groundwork for a secure and stable mainnet launch.
Equally, progress on the Pi App Studio—a no-code platform for building apps within the Pi Browser—has stalled since its flashy launch at Pi2Day 2025. While 7,900 dApps were initially created, developers report hitting technical barriers and getting little communication from the core team.
Tried creating an app with Pi App Studio many times. It doesn't work. @PiCoreTeam pic.twitter.com/xH8lCZb8H8
— Woody Lightyear 𝛑 (@WoodyLightyearx) August 21, 2025
Calls for Transparency on $100M Ventures Fund
Pi Network also announced a $100 million Ventures fund to support Pi-based startups, but community members say there’s been no visibility into how the money is being deployed. Many want concrete case studies and performance data to prove the fund is driving real-world adoption.
TOKEN2049 could be a turning point—or a missed chance—for Pi Network. A clear roadmap, faster upgrades, and transparency could reignite trust. Silence could deepen doubt. The spotlight is now firmly on Chengdiao Fan.
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Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of Chain Affairs. Before making any investment decisions, you should always conduct your own research. Chain Affairs is not responsible for any financial losses.
Also Read: Pi Network v23 Upgrade: Testnet Success Sets Stage for Mainnet Launch
I’m a crypto enthusiast with a background in finance. I’m fascinated by the potential of crypto to disrupt traditional financial systems. I’m always on the lookout for new and innovative projects in the space. I believe that crypto has the potential to create a more equitable and inclusive financial system.
