3 min read
The Pi Network is almost ready to unveil its open mainnet after years of waiting. It will formally launch on February 20, 2025.
It was a watershed moment for the network and its pioneering user base all around the world. With this much-anticipated change, Pi Network will finally be able to join the larger blockchain ecosystem, which means more possibilities for individuals and businesses alike.
Launched in 2019, Pi Network has rapidly built a global community of users who mine Pi coins directly from their mobile devices. While its growth has been remarkable, the transition to an open mainnet faced multiple setbacks, delaying the launch from 2024 to 2025. However, significant progress has now been made, setting the stage for the much-anticipated launch.
Key milestones include:
- 19 million users have successfully completed identity verification through Pi’s KYC system.
- Over 10.14 million users have migrated to the mainnet, exceeding the original goal of 10 million.
- More than 100 applications have been developed and are ready for mainnet deployment, strengthening the Pi ecosystem.
With these accomplishments, Pi Network is now prepared to roll out its open mainnet, marking a major step forward in its journey to becoming a key player in the digital economy.
What Does the Open Mainnet Means for Pi Users?
Pi is undergoing a major shift with the release of the open network, which will allow it to link to other blockchain systems. This makes Pi more practical and approachable for regular usage by allowing it to be utilized in real-world transactions.
Now that the network is open, Pi’s blockchain can interact with other ecosystems. The Pioneers, who are Pi Coin users, can now connect to other compatible blockchain networks, increasing the coin’s potential applications. With these connections, Pi will be able to do more in the digital economy, opening the door to novel business models and practical uses.
After the open mainnet launch, a major step will be to remove the firewall that has been separating Pi’s network from the blockchain. The Core Team will give priority to dependable contributors throughout this transition so that Pi’s nodes can move from Testnet to Mainnet.
For Pioneers who haven’t finished their KYC or moved to the mainnet yet, they will still have time to do so after the open network starts. To aid in the expansion of the ecosystem and to promote the real-world usage of Pi, pioneers are invited to utilize Pi apps through the Pi Browser.
Most importantly, there will be no setbacks in the introduction of the open network caused by outside forces or shifts in the market.
Pi Coin’s price jumped an incredible 80%, from $49 to $92, in the few hours following the announcement of the open mainnet launch. As the Pi Network enters the real world, experts believe that the official launch could cause the price of Pi Coin to rise past $100.
