As of February 21, 2025, Pi Network is on the cusp of a significant milestone: the official transition to the Open Network phase of its Mainnet is scheduled for February 20, 2025, at 8:00 AM PST.
Key Achievements Leading Up to Open Network:
• KYC Verification: Over 18 million Pioneers have successfully completed the Know Your Customer (KYC) process, surpassing the initial goal of 15 million.
• Mainnet Migration: More than 9 million users have migrated to the Mainnet, with efforts ongoing to bridge the gap between KYC-verified users and those who have completed migration.
Extended Grace Period:
To facilitate a smoother transition and allow more Pioneers to complete their KYC and Mainnet migration, Pi Network extended the Grace Period deadline to January 31, 2025.
Ecosystem Development:
The Pi Network ecosystem has seen substantial growth, with over 80 Mainnet or Mainnet-ready applications developed by community developers. These applications aim to enhance utility and engagement within the network, providing diverse use cases for Pioneers.
Community Engagement:
The Pi Network community continues to expand, with the mobile application surpassing 100 million downloads globally. This growth reflects increasing interest and participation, particularly in regions like South Korea, China, Vietnam, India, Singapore, and Japan.
Looking Ahead:
As Pi Network approaches the Open Network launch, Pioneers are encouraged to:
• Complete KYC and Migration: Ensure all necessary steps are taken to verify identity and migrate to the Mainnet.
• Engage with Pi Apps: Explore and utilize applications within the Pi ecosystem to foster utility and community growth.
• Stay Informed: Keep abreast of official announcements and updates to navigate the transition effectively.
Title The forthcoming Open Network phase marks a pivotal moment in Pi Network’s evolution, aiming to deliver a decentralized and inclusive digital currency experience for its global community.