Pi Network's Big Moment: Open Network Launch on February 20, 2025!
As per the Pi Network Official Announcement following article was published today.
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Pi Mining Desk Board |
Hey
Pioneers! Huge news—Pi Network is officially moving into the Open Network phase
of Mainnet at 8:00 AM UTC on February 20, 2025! (1:30 pm Wednesday Indian Standard Time IST)
After six years of hard work from our amazing
community, we’re taking the next giant step in making Pi a real-world digital
currency that people can use every day.
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How
Far We’ve Come
We’ve already hit some incredible milestones:
- 10.14 million Pioneers have successfully migrated to Mainnet, surpassing our
10 million goal.
- 19 million users
have completed identity verification (KYC), making Pi a trusted and secure
network.
- The Pi ecosystem is thriving with over 100
Mainnet-ready apps for real-world use.
Since
launching the Mainnet’s Enclosed Network phase in December 2021, we’ve
been building the foundation for Open Network. This phase helped Pioneers
complete KYC, allowed developers to create real Pi-powered apps, and gave the
Core Team time to improve the platform.
To speed up progress, the Grace
Period was introduced on July 1, 2024, encouraging more people to pass KYC
and move to Mainnet. Events like PiFest 2024 proved Pi’s real-world
usability, with over 950,000 Pioneers participating in local
transactions using Pi.
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The network should continue the KYC and migration process after the Open Network launches. If you haven’t yet, please do so as soon as possible in the Open Network period.
What
Happens at Open Network Launch?
The Open Network launch means Pi
can now connect with the outside world! Here’s what you need to know:
- Pi transactions can happen beyond the Pi ecosystem. The firewall will be removed, allowing Pi to interact
with other compliant networks and systems.
- Anyone can add nodes to the blockchain. Initially, priority will be given to the most reliable
and active node operators from Testnet.
- Businesses must complete KYB verification (Know Your Business) to ensure a secure and
trustworthy ecosystem.
- Pioneers must complete KYC to participate in Mainnet activities.
How
to Prepare for Open Network
Pioneers:
1. Keep mining and contributing to help grow the network.
2. Use Pi apps
and engage with the Pi ecosystem.
3. Support local businesses
that accept Pi for goods and services.
4. Complete KYC and migrate to Mainnet if you haven’t already.
Developers:
1. Refine and improve your Mainnet apps based on user feedback.
2. Build new apps to
expand the Pi ecosystem and its real-world uses.
Why
Now?
Pi Network has met all the required
conditions for Open Network:
- All tech, product, legal, and business work is
completed.
- The community exceeded the original KYC and migration
goals.
- The ecosystem now includes over 100 Mainnet-ready apps.
The
Future of Pi Network
This is just the beginning. Open
Network will unlock even more opportunities for Pioneers, businesses, and
developers to grow a decentralized, inclusive digital economy. Get ready for
February 20, 2025—it’s time to take Pi to the next level!
Stay tuned for more updates, and
let’s build the future of digital finance together!
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