为什么Tier-1交换不会列出PI网络

随着Coinbase，Binance和Upbit等顶级公司的交换列表几率仍然很苗条，PI网络的价格在4月份的低点持续下降。

The price of Pi Network (PI) continues to languish near April lows as the odds of exchange listings by top companies like Coinbase (NASDAQ:COIN), Binance, and Upbit remain slim.

PI Network（PI）的价格继续在4月份的低点降低，因为Coinbase（NASDAQ：COIN），Binance和Upbit等顶级公司的交换清单几率保持苗条。

The Pi Coin token was trading at $0.7280 on Tuesday, down over 57% from its monthly high of about $1.6740. It hit a high of $1.46 during the April rally that saw most cryptocurrencies surge.

PI硬币令牌周二的交易价格为0.7280美元，其每月高点约为1.6740美元以上。在四月的集会中，它达到了1.46美元的高价，大多数加密货币激增。

Why Tier-1 Exchanges Won’t List Pi Network

为什么Tier-1交换不会列出PI网络

Pi Network ranks among the largest cryptocurrencies, with a diluted market capitalization exceeding $70 billion. It is also one of the most popular coins, having more than 20 million verified users in its ecosystem.

PI网络是最大的加密货币之一，稀释的市值超过700亿美元。它也是最受欢迎的硬币之一，其生态系统中拥有超过2000万验证的用户。

As such, it is a big surprise that most tier-1 and tier-2 crypto exchanges have yet to list the coin, a move that would immediately earn them millions of dollars in fees.

因此，令人惊讶的是，大多数Tier-1和Tier-2加密交易所尚未列出硬币，这一举动将立即为他们带来数百万美元的费用。

The most likely reason why these exchanges have not listed Pi Network is that it is a highly centralized cryptocurrency whose activities are controlled by an obscure organization known as the Pi Foundation.

这些交易所未列出PI网络的最可能原因是它是一种高度集中的加密货币，其活动由一个被称为PI Foundation的晦涩的组织控制。

The Pi Core team has not disclosed much about the Pi Foundation, including its location. It has also not mentioned whether a major accounting company like Deloitte or PWC audits the foundation.

PI Core团队并未透露太多有关PI基金会的信息，包括其位置。它还没有提到像德勤（Deloitte）或普华永道（PWC）这样的主要会计公司是否对基金会进行审核。

This transparency is crucial for three primary reasons. First, Pi Foundation holds over 90 billion of the unlocked Pi Coins in thousands of wallets. The only public wallets you can see on PiScan hold 0.72 billion Pi coins valued at over $53 billion. The remaining 20 billion tokens are held in untraceable wallets.

这种透明性至关重要，原因有三个。首先，PI Foundation拥有超过900亿枚未锁定的PI硬币。您可以在Piscan上看到的唯一公共钱包持有7.2亿PI硬币，价值超过530亿美元。剩下的200亿个令牌被放在难以置信的钱包中。

As such, exchanges like Coinbase, Binance, Kraken, and Upbit are unlikely to list Pi Network until the developers agree to decentralize the project. Another option is to appoint a respected auditor to oversee these wallets and update the community whenever the Pi Foundation conducts transactions.

因此，在开发人员同意分散项目之前，诸如Coinbase，Binance，Kraken和Upbit之类的交流不太可能列出PI网络。另一种选择是任命受人尊敬的审计师来监督这些钱包，并在PI基金会进行交易时更新社区。

Recently, there have been accusations that the Pi Core Team and the Pi Foundation executed a rug pull scam. In this, they created speculation about an important news event and then sold tokens when the price surged.

最近，有人指控PI Core团队和PI基金会执行了地毯拉力骗局。在这方面，他们对重要新闻事件进行了猜测，然后在价格上涨时出售令牌。

Pi Coin Faces Ecosystem Challenges

PI硬币面临生态系统挑战

Another reason top-tier 1 exchanges might avoid listing Pi Network is its status as a ghost chain. A ghost chain is a blockchain network with no developer activity.

顶级1交换可能避免列出PI网络的另一个原因是其作为幽灵链的状态。幽灵链是一个没有开发人员活动的区块链网络。

One of the three key things that needed to happen before the mainnet launch was to have at least 100 mainnet-ready applications. The challenge has been that none of these applications have become popular.

在主网发布之前需要发生的三个关键事情之一是至少有100个主网网。挑战在于，这些应用都没有流行。

To address this crisis, management has launched a $100 million ecosystem fund to support startups leveraging its technology. However, as we have seen with other chains with ecosystem funds, the risk is that many apps don’t become popular.

为了解决这一危机，管理层已经启动了一项耗资1亿美元的生态系统基金，以支持利用其技术的初创公司。但是，正如我们在其他带有生态系统基金的连锁店看到的那样，风险是许多应用程序并不流行。

Also, the network will take more than a year to have meaningful applications.

此外，网络将需要一年多才能拥有有意义的应用程序。

To be clear, some tier-one exchanges may list Pi Network without an active ecosystem or utility. However, the initial pop after listing will likely be short-lived.

需要明确的是，一些层次交流可能列出没有活动生态系统或实用程序的PI网络。但是，列表后的最初流行声可能是短暂的。