Pi Network has announced its transition to the Open Network phase on February 20, 2025, at 15:00 (Vietnam Time), marking a pivotal milestone in the project’s six-year journey. This advancement heralds a new era for the Pi Network ecosystem, aiming to establish itself as the world’s largest decentralized blockchain platform.
Key Developments Leading to Open Network
- Mainnet Migration: Over 10.14 million Mainnet migrations recorded, surpassing the initial target of 10 million.
- KYC Verification: More than 19 million users have completed identity verification (KYC), ensuring a secure foundation for Open Network.
- Exchange Listing: OKX has announced the listing of Pi Network tokens, with deposits now open. 👉 Register on OKX to trade Pi.
Six-Year Journey: From Vision to Reality
Launched in 2019, Pi Network pioneered mobile-accessible cryptocurrency mining via daily check-ins. Despite controversies during its "Enclosed Mainnet" phase (December 2021–2025), the project focused on:
- User Preparedness: KYC completion and Pi migration to Mainnet.
- Developer Ecosystem: Over 100 Mainnet-ready applications built.
- Global Events: PiFest 2024 facilitated 950,000+ real-world transactions across 160 countries.
Open Network: Expanding Global Connectivity
The Open Network phase enables Pi blockchain to interoperate with external systems, allowing:
- Real-World Transactions: Pi becomes usable beyond the Pi ecosystem.
- Business Integration: Verified enterprises (KYB) can accept Pi payments.
- Compliance: Full technical, legal, and product readiness achieved.
Prerequisites Met:
- 19M+ KYC-verified users (exceeding 15M target).
- 100+ Mainnet applications live.
- Infrastructure upgrades completed.
Preparing for Open Network
Community Roles:
- Users: Continue mining Pi and engaging in ecosystem apps.
- Developers: Enhance existing apps or build new utilities.
- Businesses: Adopt Pi for payments to boost adoption.
FAQs
Q1: When does Pi Network’s Open Network launch?
A1: February 20, 2025, at 15:00 Vietnam Time.
Q2: How many users have completed KYC?
A2: Over 19 million, ensuring a compliant ecosystem.
Q3: Where can I trade Pi tokens?
A3: Pi is listed on OKX. 👉 Start trading on OKX.
Conclusion
Pi Network’s Open Network phase bridges decentralized finance with global commerce, backed by a robust ecosystem and community. This transition solidifies Pi’s position as a transformative force in cryptocurrency.
Disclaimer: This article is for informational purposes only and not investment advice.
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