Pi Mainnet's Open Network phase begins at 8:00 AM UTC

 Pi Network's Big Moment: Open Network Launch on February 20, 2025!

As per the Pi Network Official Announcement following article was published today.

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.



Lenovo IdeaPad 3 12th Gen Intel Core i3-1215U 15.6 Inch (39.65cm) FHD Thin & Light Laptop 

Check Price (66%) Off

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.

    iQOO Z9s 5G (Onyx Green, 8GB RAM, 128GB Storage)

Check Price -23%

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!

 

Post a Comment

0 Comments