{"id":5704,"date":"2025-04-23T16:14:43","date_gmt":"2025-04-23T18:14:43","guid":{"rendered":"https:\/\/criptonizando.com\/en\/?p=5704"},"modified":"2025-04-23T16:14:46","modified_gmt":"2025-04-23T18:14:46","slug":"pi-network-founders-crypto-billionaires-token-valuation","status":"publish","type":"post","link":"https:\/\/criptonizando.com\/en\/news\/pi-network-founders-crypto-billionaires-token-valuation\/","title":{"rendered":"How Pi Network Founders Might Be the Next Crypto Billionaires"},"content":{"rendered":"\n<p>Pi Network Founders Nicolas Kokkalis and Chengdiao Fan may have quietly become crypto billionaires. Meanwhile, <a href=\"https:\/\/criptonizando.com\/en\/news\/why-the-pi-network-price-might-be-massively-undervalued-4-eye-opening-reasons-to-buy-now\/\">Pi Network\u2019s<\/a> price continues to underperform the broader market. The token has plunged nearly 80% from its February high, missing out on the recent market rally. Bitcoin soared past <strong>$93,000<\/strong>, pushing the overall crypto market cap close to <strong>$3 trillion<\/strong>.<\/p>\n\n\n\n<p>Pi Network\u2019s market cap dropped from $19 billion to $4.62 billion. Its fully diluted valuation also fell sharply, from over $300 billion to $66 billion.<\/p>\n\n\n\n<p>A recent report shows that Pi Network has a maximum supply of 100 billion tokens. Of those, 65<strong> <\/strong>billion have already been distributed to the community, often referred to as \u201cpioneers.\u201d<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Inside the $13.2 Billion Token Fortune Held by Pi Network\u2019s Core Team<\/strong><\/h2>\n\n\n\n<p>The Pi Network core team holds 20 billion tokens, currently worth around <strong>$13.2 billion<\/strong> based on the network\u2019s valuation. These tokens are controlled by the project\u2019s founders, Kokkalis and Fan. If they split the allocation equally, each founder holds roughly <strong>$6.6 billion<\/strong> worth of Pi tokens.<\/p>\n\n\n\n<p>While SocialChain, the parent company of Pi Network, hasn\u2019t disclosed staffing details, <strong><a href=\"https:\/\/pitchbook.com\/profiles\/company\/459816-76#overview\" rel=\"nofollow\">Pitchbook<\/a><\/strong> estimates it employs about 40 people. If only Kokkalis and Fan benefit from the core allocation, each retains well over <strong>$1 billion<\/strong> in tokens.<\/p>\n\n\n\n<p>Additionally, the Pi Network Foundation controls 10 billion tokens, currently valued at more than <strong>$6.6 billion<\/strong>. Though the foundation\u2019s internal structure remains unclear, it\u2019s common for founders to manage such reserves. This may further increase their personal net worth.<\/p>\n\n\n\n<p>It&#8217;s also likely that Kokkalis and Fan hold some of the 65 billion tokens shared with community users and early adopters.<\/p>\n\n\n\n<p>However, most of their holdings remain locked. According to PiScan, the network will unlock tokens gradually until May 2028. On average, 131.2 million tokens unlock each month, currently worth around $87 million.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Pi Network Founders Nicolas Kokkalis and Chengdiao Fan may have quietly become crypto billionaires. Meanwhile, Pi Network\u2019s price continues to underperform the broader market. The token has plunged nearly 80% from its February high, missing out on the recent market rally. Bitcoin soared past $93,000, pushing the overall crypto market cap close to $3 trillion. [&hellip;]<\/p>\n","protected":false},"author":14,"featured_media":5705,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"tpgb_global_settings":"","kia_subtitle":"","footnotes":""},"categories":[1],"tags":[],"class_list":["post-5704","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>How Pi Network Founders Might Be the Next Crypto Billionaires - Criptonizando<\/title>\n<meta name=\"description\" content=\"Discover how Pi Network founders may be worth billions in crypto as token valuations and locked reserves reshape their fortune.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/criptonizando.com\/en\/news\/pi-network-founders-crypto-billionaires-token-valuation\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"How Pi Network Founders Might Be the Next Crypto Billionaires - 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