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Cryptocurrency News Articles
Pi Network Mainnet Launches on February 20, 2025, After Multiple Delays from 2024
Feb 12, 2025 at 12:10 pm
Pi Network, which began in 2019, has built a strong community of users known as Pioneers who have been mining Pi tokens on their mobile devices.
After multiple delays, the Pi Network mainnet will finally launch on February 20, 2025, at 8 AM UTC. The highly anticipated event will mark a significant milestone for the mobile-first cryptocurrency, enabling Pi to connect with external systems for the first time.
The Core Team has announced that the Tap to Earn Pi Coin Network will launch on February 20, 2025.
As reported by Pi Network, the mainnet launch was initially planned for 2024 but was later pushed to 2025 due to various factors, including the need for a large number of Pioneers to complete KYC and the Pi Mainnet Testnet taking longer than expected.
However, the wait is finally coming to an end, as the Pi Network mainnet will launch on the announced date, regardless of external factors or changing market conditions.
To prepare for the mainnet launch, over 19 million Pioneers have completed KYC, and 10.14 million have successfully migrated to the Mainnet, surpassing the original goal of 10 million.
Furthermore, Pi Network has reached over 100 Mainnet or Mainnet-ready apps, meeting its target to create a vibrant and diverse ecosystem for the Open Network.
According to the Pi Network team, the mainnet launch will bring the following changes:
Pi will be able to connect with external systems for the first time, opening new opportunities for Pioneers and businesses to use Pi in the real world.
With an Open Network, Pi’s blockchain will no longer be restricted, allowing transactions beyond the Pi ecosystem.
After launch, the firewall will be removed, enabling nodes to join the Mainnet blockchain. The Core Team will prioritize reliable contributors when transitioning nodes from Testnet to Mainnet.
To ensure a safe environment, KYC verification will be required for Pioneers, while businesses must complete KYB verification. A list of KYB-verified businesses will be available on the Pi website.
Pioneers who haven’t completed KYC or migrated to Mainnet can still do so after the Open Network launch.
Pioneers are encouraged to use Pi apps through the Pi Browser to help grow the ecosystem and increase Pi’s real-world use.
Pi’s Message for Remaining Pioneers
For Pioneers who haven’t completed KYC or migrated to Mainnet, there’s still an opportunity to do so, even after the Open Network launch.
However, Pioneers are advised to complete these steps as soon as possible to ensure they can participate fully in the Pi Network and benefit from the growing ecosystem of Pi apps and services.
To participate in the remaining Testnet, Pioneers can download the Pi Testnet app and follow the instructions to join the Testnet.
Pioneers who already have the Pi Testnet app installed can update the app to the latest version to continue participating in the Testnet.
Those who haven’t yet installed the Pi Testnet app can download it from the Google Play Store or Apple App Store, depending on their device.
After installing the Pi Testnet app, follow the prompts to create a Testnet account and join the Testnet blockchain.
Once you’ve joined the Testnet, you can start earning Testnet Pi by running a node and inviting others to join the Testnet.
The Testnet Pi you earn can be used to purchase items from the Testnet Pi Marketplace or send Testnet Pi to other Pioneers.
To help grow the Pi ecosystem and increase Pi’s real-world use, Pioneers are encouraged to use Pi apps through the Pi Browser.
By using Pi apps, you can support Pi-accepting businesses, merchants, and service providers, ultimately expanding Pi’s presence in various industries.
Pi Coin Price Surges 80%
Following the announcement of Pi Network’s mainnet launch date, Pi Coin’s price has surged by 80%, reaching $92 within hours.
Meanwhile, experts predict that the official launch of Pi Network could push Pi Coin’s price beyond $100.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
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