预矿业PI网络在社交媒体的嗡嗡声和巨大未来回报的承诺上倾向于

PI Network于2019年由Stanford PhD毕业生Nicolas Kokkalis和Chengdiao粉丝推出，旨在让用户免费在其智能手机上免费使用Cryptocurrency，该智能手机的能源消耗和基础设施最少。

Launched in 2019 by Stanford PhD graduates Nicolas Kokkalis and Chengdiao Fan, Pi Network was designed to let users mine cryptocurrency for free on their smartphones with minimal energy consumption and infrastructure.

PI Network于2019年由Stanford PhD毕业生Nicolas Kokkalis和Chengdiao粉丝推出，旨在让用户免费在其智能手机上免费使用Cryptocurrency，该智能手机的能源消耗和基础设施最少。

But from the outset it has leaned heavily on social media buzz and promises of high future returns. "Since day one, the Pi network has been building its ecosystem on market buzz, promises, and hopes of getting high returns," crypto news outlet The Crypto Times commented. "Thereby creating a cult-like status for the project whose followers do not shy away from overestimating the Pi token’s potential and future surge."

但是从一开始，它一直倾向于社交媒体的嗡嗡声和对未来巨大回报的承诺。 “第一天以来，PI网络一直在市场嗡嗡声，承诺并希望获得高回报的希望上建立其生态系统，”加密时报的加密新闻媒体评论说。 “从而为该项目创造了一个像邪教的地位，其追随者并没有回避高估了Pi代币的潜力和未来激增。”

The project has attracted more than 60 million registered users, known as "Pioneers," many of whom are waiting for the opportunity to convert their mined Pi into tradeable tokens. Since 2022, some communities have launched campaigns claiming Pi will eventually reach US$314,159—a number symbolically tied to the mathematical constant pi (3.14159).

该项目吸引了超过6000万注册用户，称为“先驱”，其中许多人正在等待机会将其矿体PI转换为可交易的代币。自2022年以来，一些社区发起了竞选活动，声称PI最终将达到314,159美元，这是与数学常数PI（3.14159）相关的数字。

Some Pi communities have launched campaigns forecasting that Pi price will reach US$314,159. Photo by VnExpress/Duy Phong

一些PI社区已经发起了广告报，预测PI价格将达到314,159美元。照片由Vnexpress/Duy Phong

The campaign was reportedly initiated by an individual named Bao Rong Zhang, who introduced the concept at an international seminar in February 2022 and called on the community to adopt this valuation as a global benchmark for Pi. Despite getting no official support from the Pi Network development team, the movement has gained some traction. Supporters have created networks of "Pi ambassadors," who represent their countries, host events and promote the target on social media platforms globally.

据报道，这项运动是由一个名叫Baon Rong Zhang的个人发起的，该运动于2022年2月在国际研讨会上介绍了这一概念，并呼吁社区采用这一估值作为PI的全球基准。尽管没有得到PI网络开发团队的官方支持，但该运动仍获得了一些吸引力。支持者创建了“ PI大使”网络，他们代表自己的国家，举办活动并在全球社交媒体平台上促进目标。

While the concept is strongly supported by the Pi community, experts consider it a fantasy. They point out that the value of a cryptocurrency depends on its real-world use in decentralized applications and transactions or its role as a store of value like Bitcoin, Ethereum and Solana. But Pi lacks liquidity and tangible demand, relying instead on slogans and token holder optimism.

尽管PI社区强烈支持这个概念，但专家认为这是一种幻想。他们指出，加密货币的价值取决于其在分散的应用程序和交易中的现实使用，或者作为比特币，以太坊和索拉纳等价值存储的作用。但是PI缺乏流动性和切实的需求，而是依靠口号和代币持有人乐观。

Critics have compared Pi Network’s strategy to multi-level marketing, citing its reliance on ambassador appointments and user referrals.

批评家将PI Network的策略与多层营销进行了比较，理由是其依赖大使预约和用户推荐。

In February Bybit CEO Ben Zhou rejected a listing request from Pi Network, citing concerns over its legitimacy. Zhou also referenced an analysis by crypto analyst Haotian, known as CryptoInsight on X, who noted that Pi has gained popularity in markets with low levels of financial literacy. Slogans like "one Pi equals one Bitcoin" have led many users to misunderstand the token’s actual value, he said.

2月，拜比特首席执行官本周（Ben Zhou）拒绝了PI网络的上市请求，理由是对其合法性的担忧。周还提到了Crypto分析师Haotian的分析，Haotian被称为CryptoInsight on X，他指出PI在财务素养水平较低的市场中已广受欢迎。他说，像“一个Pi等于一块比特币”这样的口号使许多用户误解了令牌的实际价值。

Justin Bons, founder of Cyber Capital and a well-known analyst, has labeled Pi Network a "scam" and warned users to avoid it. Though Pi entered its "open mainnet" phase two months ago, its price now is just around US$0.60, a fifth of its February peak of US$3 and far below the GCV figure.

Cyber​​ Capital的创始人，著名的分析师的创始人Justin Bons已将Pi Network标记为“骗局”，并警告用户避免使用它。尽管PI在两个月前进入了其“开放的Mainnet”阶段，但现在的价格仅为0.60美元，占2月峰值3美元的五分之一，远低于GCV数字。

Certificates of global "Pi ambassadors". Photo from X

全球“ PI大使”的证书。来自X的照片

Cybersecurity firm OneSafe dismissed the so-called global consensus value, pointing to the Pi Core Team’s announcement that the total supply could reach 100 billion tokens. The resulting market cap would be astronomical and without any real-world basis.

网络安全公司Onesafe驳回了所谓的全球共识价值，这表明PI Core团队宣布总供应可能达到1000亿个令牌。由此产生的市值将是天文学的，没有任何现实世界。

The movement highlights both the strengths and weaknesses of grassroots efforts in the crypto industry. While it shows the influence of community power in elevating a project, it also underscores that such support is not enough to build a sustainable network. "Now is the time for the Pi Network team to understand that if they want to become a long-distance contender, they must work on real utility and value beyond slogans, ambassadors and viral dreams," The Crypto Times said.

该运动突出了加密货币行业基层努力的优势和劣势。尽管它显示了社区权力在提升项目中的影响，但它也强调了这种支持不足以建立可持续的网络。 《加密时报》说：“现在是PI网络团队了解的时候，如果他们想成为一个长途竞争者，他们必须在口号，大使和病毒梦想之外进行真正的实用性和价值。”

Vietnam is among the countries with the largest number of Pi miners. The project has been controversial for its delayed mainnet launch, which took nearly six years when it finally happened on Feb. 20 this year.

越南是PI矿工数量最多的国家之一。该项目因其延迟的Mainnet发布而引起争议，该项目花了将近六年的时间，该项目终于在今年2月20日发生。