The video attempts to normalize a massive 20% insider allocation by framing a slow-release mechanism as strategic alignment with community growth. Ultimately, it serves as a sophisticated justification for centralized control over a supply that still lacks proven market utility.
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How many Pi Coins CORE TEAM actually have? We need to address this - Day 19Added:
We really need to address this question because it's it's bothering so many people and it's something that we have to answer to it. But did you know that this is one of the biggest question in the Pi network community right now? Uh how many Picoins does the core team actually control and how many of those coins are already migrated? Today we're going to break this down in simpler way so everyone can understand what's really happening behind the numbers. First let's start with the official Pi network token uh tokconomics. Pi network has a maximum supply everybody knows 100 billion coins. That total supply is divided in four major categories. 65% goes to everybody. It goes to us. 20% goes to the core team. 10% is reserved for the foundation and ecosystem growth and 5% is for liquidity purposes. So if you calculate 10 20% of the 100 billions the core team allocation equals around 20 billion pi coins. Now there's some important fact here that does not mean the core team already has those 20 million billion pi coins available to use. Pi network works differently compared to many many crypto projects.
The system is designed so that the core team rewards grow proportionally as the community migrates Pi to mainet. Okay, in simple words, the more community pi gets migrated, the more Pi becomes accessible for the core team as well. So if you migrate a 100 coins, only 20% of those coins go to the Pi core team. This is why um understanding migrated versus non-migrated Pi is extremely important.
So how much Pi has actually been migrated so far based on the blockchain tracking uh when I've done this video um and public estimates from the community.
The migrated supply appears to be somewhere in between 6 to9 billion pi coins that includes community migration and other allocations connected to the mainet activity. If we apply the official tokconomics proportionally the core team currently active uh they they have let's call them active shares uh is estimated to be roughly to around two to three billions not 20 billions. So only around two to three billions appears to be activated or accessible for uh for them at this stage. That means proportion uh approximately 17 to 18 billions by allocated to the core team is still not activated yet and they can't transfer that. And there's another important detail many people miss. Even the migrated core team Pi does not necessarily mean it's fully liquid or unlocked. A large amount appears to be locked or vested. Keep that in mind.
This means that those coins may not be freely sellable on the market at any time they want. And honestly, that matters a lot because one of the biggest fears in the crypto project like this is a massive dumping that can be done from the insiders like in this case uh the court team. But Pi network seems to have structured its token release gradually based on the ecosystem growth and the migration progress of our coins. Now some people see the core team allocation and panic.
They say 20 billion uh pi is too much.
Others argue that uh that large allocations are normal for projects build uh building massive ecosystems uh over many years. And to be fair, many many many major crypto projects gave founders and development teams significant percentage during um early growth phases. The real question is not just how much pi does the core team have, but the real question is how much is unlocked, how much is in circulation and how responsib um how responsibly uh will it be for them to to be used because if Pi network uh succeeds globally, the ecosystem will need funding for uh developments, for their servers, for legal compliances, business partner partnerships, hackton, ecosystem, grants, expansions, different apps that they want to build, etc. But still transparency remain very important. The the community obviously we want clearer blockchain visibility, better wallet labeling, and more detailed reporting about locked and unlocked supplies, especially when it comes from them. And honestly, that's that's a fair request. I I would love that, too. Uh trust grows and transparency grow. So uh let's let's break it down in simple words in case you just watch this part.
Total supply 100 billions. Core allocation 20 billions. Estimi estimated active or migrated core team by around two to three billions. Uh not yet activated is 17 to 18 billions and a large portion of the activated amount still appears to be locked or vested on their wallets. uh what happens next will depend heavily on mainet migration speed ecosystem adoption the utility that we always talk about and the future transparency from the py core team. So now I want to hear from you. Do you think the core team allocation is fair for a project like this or do you think the community deserves more transparency before open mainet expense further?
Comment down below. I just been somewhere singing and playing piano. I hope you're all having a good day. Smash that like button, smash the subscribe button, and make this channel grow because you deserve more from me. And I will give you more. Bye.
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