With 60 million users, Pi Network seeks visionary allies as it prepares for a major announcement at Consensus 2025, one of blockchain’s biggest stages.

However, the PI community’s tensions simmer amid price drops and access limitations.

In a May 8 post on X (Twitter), the Pi Core Team indicated plans for a major ecosystem reveal on Wednesday, May 14.

“A Pi ecosystem announcement will be released on May 14. Tune in to find out what’s coming next,” they wrote.

This long-awaited reveal will clarify Pi Network’s next moves ahead of its anticipated Open Network launch. The launch is a pivotal milestone for a community of over 60 million users.

As Consensus 2025 kicks off in Toronto on May 14, Pioneers call on global businesses and developers to partner with Pi Networks’ growing Web3 ecosystem.

“…Pi Network won’t be standing on the sidelines. It will be in the building, shaking hands with tech titans, sparking high-level collaborations, and showcasing its decentralized economy in front of the world’s top minds,” wrote Mr. Spok, a Pi community member.

The timing of Consensus 2025 aligns with Pi Network’s tease of a major ecosystem announcement on Wednesday. Community members hope the big reveal is a Binance listing, which has remained elusive for months.

“…rumors are swirling about a Binance listing and Pi joining the Binance ecosystem,” Pi Next Gen, the community’s development aggregator, shared in a post.

Others also say it’s a DeFi integration, but a Binance listing would be even more welcomed.

Meanwhile, Pi Network may leverage the global stage of this high-profile event to present itself as more than just a grassroots crypto project.

With zero-fee transactions, mobile-first architecture, and a scaling user base, it is a fertile ground for forward-thinking enterprises seeking Web3 integration and first-mover advantage.

Major industry players expected at the event include Google Cloud, Visa, J.P. Morgan, Ethereum Foundation, Coinbase, and OpenAI. Influential speakers such as Michael Saylor, Vitalik Buterin, and Pi Network’s Dr. Nicolas Kokkalis will also attend.

However, even as Pi aims for a breakout moment on the global stage, internal friction is rising.

According to BeInCrypto data, the price of PI Coin, which is still unofficially traded on some platforms, has dropped nearly 15% in the past 24 hours.

Users Frustrated Over Limited Access To Pi Coin Tokens

Moreover, amid the fanfare surrounding potential partnerships and the ecosystem announcement, many users remain frustrated that they still cannot fully access or transfer their PI tokens. This key step hinges on the Open Network rollout.

“If you don’t allow users to launch, then this is simply a scam project. It’s unfair to Chinese users. For six years, you’ve been deceiving the ecosystem’s development, even failing to deliver on hackathon rewards,” wrote one user on X.

Against this backdrop, users call out Pi Network for “playing hunger marketing games and still not allowing user launches.”

“A significant portion of your users are from China…They’ve spent a lot of money deploying nodes, but those nodes are meaningless. You’re controlling everything through central servers — this is outright rogue,” they added.

This sentiment mirrors other community members’ feelings, expressing anger over perceived delays and a lack of transparency.

“As an old miner, we are looking forward to the disclosure of the specific time and details of the migration. This is more important than anything else. The great value of the future still depends on the construction of miners,” another user added.

Despite the criticism, optimism persists within the Pi community. Web3 project Dao World shared hopes for deeper collaboration at Consensus. Similarly, others highlight the event as a chance to boost trust and global recognition.

As Pi Network prepares to announce its next chapter, all eyes are on what happens in Toronto. Will this be the inflection point where Pi transitions from promise to utility, or will mounting user concerns overshadow its moment on the world stage?