A Major Milestone for Pi Network
After years of anticipation and multiple delays, Pi Network is finally set to launch its open mainnet on February 20, 2025. This marks a significant step forward for the network and its global user base, known as Pioneers. The open mainnet will enhance Pi’s connectivity with the broader blockchain ecosystem, unlocking new opportunities for both users and businesses.
The Journey to Open Mainnet
Since its inception in 2019, Pi Network has experienced exponential growth, allowing users to mine Pi coins directly from their mobile devices. Despite widespread adoption, the transition to an open mainnet faced several challenges, delaying the launch from 2024 to 2025. However, the network has now reached critical milestones, making the open mainnet launch possible:
- 19 million Pioneers have successfully completed their KYC (Know Your Customer) verification.
- Over 10.14 million users have migrated to the mainnet, surpassing the initial target of 10 million.
- More than 100 mainnet-ready applications have been developed, strengthening the Pi ecosystem.
With these achievements in place, Pi Network is now fully prepared to move forward.
What Open Mainnet Means for Pi Users
The transition to an open mainnet represents a major shift for Pi Network. This move will allow Pi Coin to interact with other blockchain networks, enhancing its real-world usability. Users will be able to conduct transactions more seamlessly, making Pi a viable digital currency.
External Blockchain Connectivity and Growth
Previously isolated, Pi Network will now be able to interact with compliant blockchain networks, enabling broader real-world use cases. This expanded connectivity will foster new business models and unlock greater economic potential for Pi Coin.
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Node Transition to Mainnet
Following the open mainnet launch, Pi Network will remove the firewall that has kept its blockchain separate from the broader ecosystem. Pi’s nodes will transition from Testnet to Mainnet, with priority given to reliable contributors.
Enhanced Security and Verified Users
To maintain a secure ecosystem, Pi Network will require all users to complete KYC verification, while businesses must undergo KYB (Know Your Business) verification. A list of KYB-verified businesses will be published on Pi’s official website to ensure transparency and security within the ecosystem.
Final Opportunity for Unverified Pioneers
Pioneers who have yet to complete KYC verification or migrate to the mainnet still have the opportunity to do so even after the open network launch. Users are encouraged to explore Pi’s ecosystem through Pi Browser apps to expand real-world adoption.
Pi Coin’s Price Surges 80% Following Announcement
Following the announcement of the open mainnet launch, Pi Coin experienced a massive 80% price surge, increasing from $49 to $92 within hours. Experts speculate that the official launch could push Pi Coin’s price beyond $100, further strengthening its position in the cryptocurrency market.
With the open mainnet launch imminent, Pi Network is poised to make a major impact on the blockchain and cryptocurrency landscape. The global Pi community is eagerly watching as the network steps into a new era of connectivity and growth.