Part 5/7:
Complete readiness of technology, legal frameworks, and business strategies.
Verification of at least 15 million users with 10 million transitioning to the mainnet, alongside the development of 100 applications.
A favorable external environment.
These conditions, particularly the vagueness surrounding what constitutes a favorable environment, instill further uncertainty about the project’s future.
Concerns Raised by Critics
As enthusiasm for Pi grows, so does scrutiny regarding its sustainability. Key concerns include:
- Data Privacy: Although the network claims not to solicit funds from users, it collects extensive personal data which may be shared with third parties, leading to fears of data exploitation.