The release of the Pi Application Studio has met with a cold reception, and the community questions whether insufficient features are dragging down the prospects of Pi币.

The App Studio platform recently launched by Pi Network has sparked strong divisions within the community. This platform aims to allow users to create and utilize Web3 applications for monetizing Pi coin without a technical background, but many users are disappointed that it is still in the testing phase and lacks advanced features.

Community Discontent: The Beta Version Has Become a “High-Level Chatbot” Prominent community leader Woody Lightyear publicly criticized: “The Pi Application Studio must end testing as soon as possible! We need to edit real customized applications, not chatbots.” The sharper criticism directly pointed to this being a “gimmick” to divert attention from the core team (CT) and to cover up the issues related to the delay of the mainnet roadmap and other long-term commitments that have not been fulfilled.

Core Vision: Build a “Web3 Version App Store” Despite ongoing controversies, the Pi Application Studio officially debuted through a browser update, and its zero-code development model has attracted some market attention. The platform allows users to describe their ideas in natural language, with built-in AI automatically completing the development of decentralized applications that include Pi coin payments, identity verification, and advertising systems, aiming to become a “Web3 app store” that lowers the barriers to blockchain development.

Investor Profit Model: Staking, Advertising, and Domain The platform provides investors with ways to monetize Web3, such as staking Pi coins to enhance application exposure, sharing advertising revenue, and branding with .pi domains. Its real-time updates and cloud deployment features are likened to “TikTok+Shopify in the decentralized space.”

Pi coin under pressure: sideways fluctuations compounded by unlocking risks The current Pi coin price continues to fluctuate between $0.43 and $0.45, with a weekly decline of 8% and a monthly drop of 27%. Although the 24-hour trading volume has risen by 40% to $83.8 million, the large token unlocks coming in July may further increase market selling pressure, posing a downside risk to the coin price.