Here is the reason that the founders of the PI can be encrypted billionaires

The price of the PI network continued to be weak in the broader cryptocurrency market, as it decreased by approximately 80 % of its highest levels in February.

PI currency (BayHe was left in the continuous recovery, which prompted Bitcoin ((BTC)) Higher than $ 93,000 and raising the total maximum crystal currency market to about 3 trillion dollars.

The market ceiling decreased from PI from 19 billion dollars to $ 4.62 billion, while its entirely diluted evaluation fell from more than 300 billion dollars to 66 billion dollars. However, data available to the public indicates that the founders of Network Pi, Nicolas Kokkalis and Chengdiao Fan have become encrypted billionaires.

A a report Friday showed that the PI network has the maximum supply of 100 billion icons. Among them, 65 billion millions of “pioneers” and members of society were allocated.

The Pi Network Core is allocated to the distinctive codes of $ 13.2 billion

Twenty billion icons were allocated to the basic team, while 10 billion were allocated to the PI network. The primary team, which consists of Kokkalis and Fan, controls the distinctive symbols of 20 billion, which are currently $ 13.2 billion based on FDV for the network. If the two are participating in these symbols equally, then his shared net wealth of PI alone is about 6.6 billion dollars.

Although it is still not clear that the number of employees working in Socialchain, the parent company of PI, is still the PI, Pitchbook Reports that the company is employing about 40 people. Assuming that Kokkalis and Fan only benefit from the assignment of the primary team, each of them will continue to carry more than a billion dollars in the distinctive symbols.

In addition, the Network Foundation 10 billion symbols, at a value of more than $ 6.6 billion. Although the foundation structure has not been publicly published, it is a common practice for project founders to control these reserves, which is likely to increase their personal nets.

There is also a possibility that Kokkalis and Fan will carry a part of 65 billion symbols distributed to members of society.

However, the founders can currently reach most of this money, as they are still closed. according to PeskanThe network will cancel the symbols insurance until May 2028, with an average monthly opening of 131.2 million coins, at a value of about 87 million dollars.