The Pi Network price has continued to underperform the broader cryptocurrency market, having fallen by nearly 80% from its February highs. Pi Coin (PI)
Twenty billion tokens have been allocated to the core team, while 10 billion have been reserved for the Pi Network Foundation. The core team, consisting of Kokkalis and Fan, controls the 20 billion tokens, currently valued at $13.2 billion based on the networks FDV. If the two share these tokens equally, their combined net worth from PI alone stands at approximately $6.6 billion.
While it remains unclear how many employees work at SocialChain, Pi Network‘s parent company, Pitchbook reports that the company employs around 40 people. Assuming that only Kokkalis and Fan benefit from the core team’s allocation, each would still hold over $1 billion in tokens.
Additionally, the Pi Network Foundation has been allocated 10 billion tokens, currently valued at over $6.6 billion. Although the foundations structure has not been made public, it is common practice for project founders to control these reserves, potentially increasing their personal net worths.
Theres also a likelihood that Kokkalis and Fan hold a portion of the 65 billion tokens distributed to community members.
However, the two founders currently cannot access most of these funds, as they remain locked. According to PiScan, the network will gradually unlock tokens until May 2028, with an average monthly unlock of 131.2 million coins, currently worth about $87 million.
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