Pi Network Drops $100M Bomb: Can a Crypto ’Utility Fund’ Actually Build Anything Real?
Move over, vaporware—Pi Network just pledged nine figures to prove its blockchain isn’t just another speculative casino. But with zero details on actual projects, even crypto bulls are raising eyebrows.
The so-called ’Utility Fund’ promises real-world adoption—think supply chain integrations, micropayments, maybe even a coffee shop that accepts PI coins before the next bear market. Color us skeptical.
Funny how these ’ecosystem funds’ always appear after the token pumps 500%... and vanish before delivery. (Looking at you, 2017 ICOs.)