Pi Network's open mainnet has been the focus of heated discussions in the community. The core team has announced the three necessary conditions for the opening of the mainnet: technical and legal preparations, KYC migration, and the network ecology and external environmental factors.
Over the past five years, community members have been looking forward to the opening of the mainnet, but the core team's cautious approach is not entirely optimistic about the 2024 opening plan.
I'd like to take another look at it today, and the likelihood of opening a mainnet is influenced by other factors, especially ad revenue., the core team's strategy and consideration of the advertising businessI have this point of view because since the core team took over the advertising business, they have been guiding community members to provide attention after the ad.
There are even rumors that members who don't ** advertise have a lower chance of receiving a KYC invitation. While the button to close the ad is free, the app automatically turns the ad button back on after two weeks.
This shows that the core team has a strong expectation of ad revenue.
Further, if the automatic open cycle of ad buttons were shortened to a week or daily in the future, this would be inconvenient for community members, but it would also have the potential to increase ad revenue for the core team.
Many of the pioneers who supported the PI blockchain, when it came to providing attention, chose not to turn off the ads, which they saw as a support for the development of the PI blockchain. Over time, this small support adds up to a significant income.
It is estimated that over a five-year period, this revenue has far exceeded the initial investment of the core team.
From the perspective of the interests of the core team, they will naturally focus on the overall profitability. Advertising revenue is an important part of profitability, and the core team will of course strive for it. In other words, ad revenue is directly related to the profitability of the core team, and they naturally value it when considering benefits.
Today, we have a community of nearly 50 million people。Even if you only consider a fifth of that, the advertising revenue is still quite substantial
However, once the mainnet is opened, all information will be made public, including the status of the attention tokens, whether there is an over-issuance, and the token distribution model.
If there is indeed an over-issuance of tokens, then the point of providing attention will be greatly reduced. This can result in reduced or even absent attention to providing feedback, which can affect the interests of the core team.
Therefore, in the interests of the core team, they may prefer not to open the mainnet in order to maintain the current benefit distribution model. Opening the mainnet can mean losing some of the revenue, while not opening it ensures a steady stream of ad revenue.
, the interests of the core team**
So, why am I discussing the possibility that opening the mainnet could lead to the closure of ads?
This is closely related to the revenue model in the advertising app. If all members of the community choose to turn off ads, the core team will lose that revenue, regardless of whether the app also has a feature that provides attention.
In the absence of other revenue**, the core team may consider opening the mainnet to access funds from the market.
Opening the mainnet is closely related to the interests of the core team. Between pursuing a long-term picture and short-term benefits, the core team needs to make informed decisions.
And as community members, we should also think deeply: what kind of interests should we pursue? Is it to live for the benefit of the core team, or to act in its own self-interest? This is a question worth pondering for everyone.
Advertising revenue is an important part of the core team's earnings, and the 20% of the tokens held by the core team are part of their long-term assets.
These tokens have the potential to enter the market circulation after the opening of the mainnet, further increasing the wealth of the core team. Therefore, the core team's income is mainly in two aspects: advertising revenue and potential token circulation income.
If ad revenue is limited for some reason, such as when users choose to turn off ads, the core team may rely more on the proceeds from token circulation. This dual-revenue model provides the core team with a steady stream of income** and ensures that they remain profitable in a variety of situations.
Turning off ads will win more rights for the community
Over time, some pioneers who joined early may choose to leave due to loss of patience. For the core team, this is effectively a strategic phase-out that helps them redistribute the value of their attention, further consolidating their control.
Against this backdrop, community members can consider taking a strategic action: turning off ads.
Doing so can directly impact the core team's ad revenue, forcing them to rely more on the revenue generated by token circulation. In this way, we can put some pressure on the core team to advocate for the community.
If the core team is not reaping the expected benefits from the current app market, they may seek new avenues to increase revenue.
If the core team insists that they can cope by waiting for a long time as long as we refuse to open and click on ads, then we can continue to choose not to provide attention, limiting their ad revenue.
In fact, the core team is an Internet company with a complete team and operational strategy, and its goal is to achieve profitability. When they can't get enough revenue on their mobile apps, they may reconsider their overall growth strategy.
As community members, we can influence their revenue model by turning off ads, so that we can fight for more rights for ourselves.
Eventually, when the opportunity for an open mainnet comes, we'll have more choice and control. Whether it's trading tokens or other market actions, we'll be able to make more informed decisions.
Therefore, I would recommend that everyone consider shutting down ads as a strategic ploy to push the core team to consider the possibility of opening the mainnet more actively.
, Summary
Turning off ads isn't just a simple action, it's actually a strategic choice that can help us influence the core team's revenue model and push them to be more aggressive in considering opening the mainnet.
In this way, we can better advocate for the interests of the community and move the project forward.
1] The number of people in the community is 50 million, ** in the official information notice of the PI network;
2] Advertising revenue, 1,000 times ** is calculated according to 10 US dollars, ** times are calculated according to 20% of the number of people in the community;