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When was PI coin issued? Learn about the origin of PI coin in one article

Pi Network, founded in 2019 by Stanford graduates, is expected to launch its full mainnet in March 2023, marking the completion of its comprehensive timeline.

Oct 15, 2024 at 05:29 pm

Origins of Pi Coin: A Comprehensive Timeline

1. Genesis (March 14, 2019)

  • Pi Network was founded by three Stanford University graduates: Nicolas Kokkalis, Chengdiao Fan, and Vincent McPhillips.
  • The mainnet blockchain was launched, and users could begin mining the Pi cryptocurrency.

2. Early Adoption and Growth (2019-2021)

  • Pi Network gained rapid popularity through referrals, reaching over 10 million active users.
  • The community developed its own decentralized apps (dApps) and node infrastructure.

3. Mainnet Beta Release (December 2021)

  • Pi Network released its beta mainnet, allowing selected miners to test the network and earn rewards.

4. Open Source Release (March 2022)

  • The Pi Network codebase was made open source, enabling the community to contribute to its development.

5. Mainnet Launch (March 2023)

  • Pi Network is expected to launch its full mainnet, making Pi cryptocurrency fully tradable.

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