After years of building and waiting, Pi Network is finally launching its open mainnet on February 20, 2025. This is a significant milestone for the cryptocurrency, as it lets users—pioneers—interact with the larger blockchain community for the first time.
A Long Road to the Open Mainnet
Released in 2019, Pi Network accumulated quick momentum by providing direct mining capability for Pi coins on mobile platforms. Though attracting millions of members, the swap to an open mainnet suffered repeated delays. This was due to developers emphasising security, verification of identity and scalability.
Today, having overcome initial challenges, Pi Network has reached important milestones:
- 19 million Pioneers completed KYC verification.
- Over 10.14 million users have been migrated successfully to the mainnet.
- Over 100 applications are ready for mainnet, making the Pi ecosystem solid.
These developments have paved the way for a successful open mainnet launch.
What the Open Mainnet Means for Users
The most significant change is that Pi’s blockchain will no longer be restricted to its internal ecosystem. With the removal of the firewall, Pi will be able to interact with other blockchain networks, enabling real-world transactions and expanding its use cases.
Besides, the movement of Pi from testnet to mainnet will witness nodes moving to a fully decentralised environment, with a focus placed on verified and active contributors. Security is also of utmost priority, with businesses being mandated to undergo KYB verification to achieve trustworthiness within the environment.
Pi Coin’s Price Surges
The public announcement of the open mainnet launch has already triggered a large price spike. The value of Pi Coin has risen by 80%, from $49 to $92 within a matter of hours. Market experts think that when the open network will launch, Pi Coin may reach above the $100 mark, further establishing itself as a player in the crypto market.
A Final Call for Unverified Users
For Pioneers who have yet to complete KYC verification or migrate to the mainnet, time is running out. However, they will still have the opportunity to do so after the launch. Users are encouraged to explore Pi’s ecosystem through the Pi Browser and contribute to the network’s growth.
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As Pi Network ventures into the world of blockchain globally, everyone is waiting with bated breath to see what it does next. With its open mainnet finally arriving, the future of Pi has never looked brighter.
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