Pi Coin value dropped by 33% following the announcement of a $100 million VC fund.Community members of Pi Network expressed frustration over the lack of working apps despite their contributions.The Pi Core Team's focus on a VC fund led to a decrease in Pi Coin's value from $1.40 to below $0.88.Despite the launch of Pi Network Ventures, concerns remain regarding the absence of tangible rewards and development progress on the network.