賈斯汀·鮑恩斯（Justin Bons）在該項目上，PI Network面臨重新審查

Pi Network正在面臨重新審查之後，在Cyber​​capital的創始人Justin Bons公開為該項目打上了“騙局”。

A series of posts on X (formerly Twitter) by Justin Bons, founder of CyberCapital, have seen the executive slam Pi Network for what he described as a “deeply flawed” technology, business model, and tokenomics.

Cyber​​Capital的創始人Justin Bons在X（以前稱為Twitter）上的一系列帖子已經看到了執行SLAM PI網絡，他稱其為“深處有缺陷”的技術，商業模式和標記學。

As such, Bons argued that the network is a “scam” that could potentially harm investors.

因此，BONS認為該網絡是一種可能損害投資者的“騙局”。

Is Pi Network a Scam?

PI網絡是騙局嗎？

Highlighting several issues with the network, Bons began by suggesting that despite its claims of decentralization, Pi Network remains heavily centralized.

BONS突出了網絡的幾個問題，首先提出，儘管它聲稱是權力下放的，但PI網絡仍在大量集中。

“PI is fully permissioned (centralized) and everything requires KYC, even simple transactions! PI is an investment scam; it is that bad,” he asserted.

他斷言：“ PI是完全許可的（集中式），一切都需要KYC，甚至是簡單的交易！PI都是投資騙局；這是如此糟糕。”

Furthermore, Bons pointed out that the mainnet launch, which has been delayed for five years, is a testament to the network’s inability to deliver on its promises of innovation and decentralization. Notably, one of the major claims the executive made was that Pi Network’s core technology was copied from Stellar (XLM)

此外，BONS指出，已推遲五年的主網發射證明了該網絡無法履行其創新和權力下放的承諾。值得注意的是，高管提出的主要主張之一是PI Network的核心技術是從Stellar（XLM）複製的

However, Bons argued that the absence of a Turing-complete virtual machine (VM) limits Pi Network’s potential for decentralized finance (DeFi), making it a “pipedream.” According to Bons, this renders the network neither scalable nor programmable.

但是，邦斯認為，沒有圖靈完整的虛擬機（VM）限制了PI網絡的分散融資（DEFI）的潛力，使其成為“ PipedReam”。根據BONS的說法，這使網絡既不可擴展也不可編程。

Another key concern that Bons raised was Pi Network’s referral program, which he likened to a Multi-Level Marketing (MLM) scheme. According to Bons, this system generates unnecessary costs for the network without providing real benefits to users.

Bons提出的另一個關鍵問題是PI Network的推薦計劃，他將其比作多層營銷（MLM）計劃。根據BONS的說法，該系統為網絡生成了不必要的成本，而無需為用戶提供真正的收益。

“Each user must refer 5 users and complete tasks to unlock the next stage of the 'mining' payload. This is an example of an unneeded cost being passed onto the users to unlock the next stage of the 'mining' payload,” Bons explained.

Bons解釋說：“每個用戶必須轉介5個用戶並完成任務以解鎖'挖掘'有效載荷的下一階段。這是將不需要的成本傳遞給用戶的一個示例，以解鎖“採礦”有效負載的下一階段。”

"The miniumum [sic] requirement is 5, which may vary by stage. This also disincentivises users to invite more than 5, which would be useful for faster development if the goal is to build a large user base quickly."

“ Miniumum [SIC]的要求是5，這可能會因階段而異。這也拒絕用戶邀請5個以上的邀請，如果目標是快速建立大型用戶群，這對於更快的開發將很有用。”

Further compounding his concerns, Bons highlighted a Ponzi-like mechanism within Pi Network’s “mining” process. As explained by Bons, the lockup period benefits insiders by inflating the token price, allowing early investors to exit with profits.

Bons進一步加劇了他的擔憂，強調了PI Network“採礦”過程中類似龐氏騙的機制。正如BONS所解釋的那樣，鎖定期通過誇大令牌價格來使內部人員受益，從而使早期投資者能夠以利潤退出。

Finally, Bons touched upon the issue of transparency, or the lack thereof. As highlighted by the executive, despite enforcing Know Your Customer (KYC) procedures, Pi network has failed to disclose insider token allocations. According to Bons’ estimates, insiders might control as much as 20% of the network’s supply, which contradicts the project’s claims of fairness.

最後，邦斯談到了透明度或缺乏問題的問題。正如執行官強調的那樣，儘管執行您的客戶（KYC）程序，但PI網絡仍未披露內部人員令牌分配。根據BONS的估計，內部人士可能控制了該網絡供應的20％，這與該項目的公平主張相矛盾。

“I've seen several reports stating that the founders and team members together hold around 10%, which would leave 80% for the remaining users if true. Even if we assume the optimistic scenario with a user base of 100 million, the founders and team would still retain a minimum of 2% of the total supply, which is a substantial portion considering the scale of the project. This also depends on how many of the 100 million users complete KYC and migrate to mainnet, which we don't have data for,” Bons added.

“我已經看到幾份報告說，創始人和團隊成員共同佔10％，如果我們假設我們假設具有1億用戶基礎的樂觀情景，那麼剩下的用戶也將留下80％的股份。創始人和團隊仍將保留總供應量的2％，仍然保留了該項目規模的重要部分，這是一個大量的依賴。邦斯添加了。

“PI making it into the top 20 is an embarrassment to our industry.”

“ PI進入前20名是我們行業的尷尬。”

Also in the realm of crypto news, Ben Zhou, CEO of Bybit, expressed similar concerns, bluntly calling PI a scam and deeming it "more dangerous than meme coins."

同樣在加密新聞領域，拜比特（Bybit）的首席執行官本·週（Ben Zhou）也表示類似的擔憂，直言不諱地稱Pi為騙局，並認為它“比模因硬幣更危險”。

The latest wave of criticism comes amid mounting discontent among pioneers toward Binance. On March 19, the exchange revealed its first batch of Vote to List projects. The list included meme coins associated with the former CEO’s dog and the Mubarak (MUBARAK) token, among others.

最新的批評浪潮是在對義務者的開拓者中的不滿情緒中越來越不滿。 3月19日，該交易所揭示了其第一批投票以列出項目。該列表包括與前首席執行官的狗和穆巴拉克（Mubarak）令牌相關的模因硬幣等。

However, despite Pi Coin (PI) receiving an 86% vote in favor, the community expressed frustration over Binance's decision not to list the token.

但是，儘管Pi Coin（PI）獲得了86％的投票，但社區對Binance決定不列出令牌表示沮喪。

“Stop acting like some third rate junk exchange and fulfill your promises before you start the next vote. I don't know if CZ would have behaved like this if he was still at Binance, he wouldn't be proud of your behavior,” one user wrote on X.

一位用戶在X上寫道：“在開始下一次投票之前，請停止像第三次垃圾交換一樣，履行您的諾言。我不知道CZ是否會這樣表現，如果他仍然處於binance，他不會為您的行為感到驕傲。”一位用戶在X上寫道。

The community members went as far as giving Binance a 1-star rating on the Google Play Store in protest. Nevertheless, this tactic might have had the opposite effect, leading to Binance's rejection of PI listing.

社區成員甚至在Google Play商店中給Binance評為1星級，以抗議。然而，這種策略可能會產生相反的效果，從而導致Binance拒絕PI上市。

“Do not try to pressure us into listing your coin by spreading FUD or negative comments about Binance, or you will be blacklisted,” Binance noted.

Binance指出：“不要試圖通過傳播有關二人的FUD或負面評論來列出您的硬幣，否則您將被列入黑名單。”

The dual blows of Bons' criticism and Binance's snub have coincided with a devastating market slump for PI. The token's price plummeted below $1.0 today for the first time since late February.

BONS批評和Binance的冷落的雙重打擊與PI的毀滅性市場低迷相吻合。自2月下旬以來，該代幣的價格今天首次下降到1.0美元以下。

Over the past day, PI has declined by 20.1%, with weekly losses extending to 48.7%. At press time, Pi Coin was trading at $0.91. Its

在過去的一天中，PI下降了20.1％，每週損失延長至48.7％。發稿時，Pi Coin的交易價格為0.91美元。它是