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Is the Mastercard-Chainlink Partnership a Tailwind? Unpacking Pi Network’s Future with Latest News

Introduction: What’s Happening in the World of Cryptocurrency?

In 2025, the world of cryptocurrency is undergoing an unprecedented transformation. Traditional financial giants, who once kept their distance, are now progressively embracing Web3, the new internet paradigm. Notably, statements from the top officials governing U.S. financial policy and groundbreaking partnerships by global payment network companies are beginning to exert significant influence across the entire market.

This article will use these pivotal news developments as a starting point to objectively delve into how they might illuminate the future of emerging projects like the “Pi Network.” By reading this, you’ll grasp the core of the major changes shaping the future of cryptocurrency, even without specialized prior knowledge.

New Trends in the Crypto Market: Two Key News Developments

Before examining their impact on the Pi Network, it’s essential to first understand the broader market shifts that form the foundation. Here, we’ll explore two groundbreaking events concerning the core of the financial system.

1. Banks Permitted to Offer Crypto Services – The Impact of U.S. Fed Chair’s Statement

On June 24, 2025, Jerome Powell, Chairman of the Federal Reserve (FRB), the central bank of the United States, made a statement indicating that there is no issue with U.S. banks providing services to cryptocurrency-related companies. While predicated on robust risk management frameworks, this signifies a positive stance from authorities on the relationship between banks and the crypto industry, which has often been regarded as a gray area.

The impact of this statement is immense. This is because it strongly promotes the elevation of cryptocurrencies from “suspicious assets for a few tech enthusiasts” to “a recognized part of financial services.” This is expected to make it easier for major institutional investors and corporations, who have maintained a cautious stance, to enter the market, thereby enhancing overall market credibility and liquidity.

2. A Bridge Between Traditional Finance and Web3 – Mastercard and Chainlink’s Historic Partnership

Another big piece of news is the announced partnership between Mastercard, a global payment giant, and Chainlink, a blockchain technology company. The core of this partnership lies in building a system that allows Mastercard’s over 3 billion users worldwide to directly purchase cryptocurrencies on the blockchain without going through a centralized exchange.

This is a groundbreaking endeavor that directly connects the world of credit cards we commonly use (Web2) with the new digital world powered by blockchain (Web3). The technological backbone of this partnership is “Chainlink.”

What Exactly is “Chainlink”?

To understand Chainlink, let’s use an analogy: it’s a “reliable translator or interpreter connecting the blockchain world with the real world.”

Smart contracts (self-executing agreement programs) operating on a blockchain cannot, on their own, access information from the outside world. For example, information like “tomorrow’s weather in Tokyo” or “current USD/JPY exchange rates” exists outside the blockchain.

Chainlink fulfills the role of a “decentralized oracle network,” delivering such external data to the blockchain securely and accurately, without tampering. It is thanks to this “reliable interpreter” that real-world payment systems like Mastercard can securely connect with the blockchain world.

How Do These Earth-Shaking Changes Affect the Pi Network?

Now, to the main topic. How might this wave of significant change, sweeping across the entire financial industry, bring possibilities to the Pi Network, where many “Pioneers” continue to mine daily?

The Core Philosophy of Pi Network: A Financial Revolution Anyone Can Join

Before discussing the impact, let’s recall the origins of the Pi Network. The core of this project is its vision: that anyone can participate in cryptocurrency mining with just a smartphone, without expensive equipment or specialized knowledge, and become a part of decentralized finance. It’s not merely a means to short-term profit but also a grand experiment to create a new financial ecosystem accessible to more people.

[Objective Analysis] Future Scenarios Opened by the Two Major News Events

Here, there’s a crucial fact connecting the aforementioned news with the Pi Network: the Pi Network has been integrated into Chainlink’s “Data Streams.” This means that Pi’s price information, among other data, can now be utilized in real-time through the Chainlink network.

Based on this technical connection, the Pi Network community anticipates that the FRB’s policy shift and the Mastercard-Chainlink partnership could open up the following possibilities in the future:

  • Possibility 1: Enhanced Pi Coin Convertibility
    In the future, leveraging the system built by Mastercard and Chainlink, it might become easier and safer to exchange held Pi for fiat currencies like Japanese Yen or US Dollars.
  • Possibility 2: Global Payment Utility
    Through Mastercard’s vast global network, a future where Pi can be used for payments at online shops and physical stores worldwide is conceivable.
  • Possibility 3: Full Entry into DeFi (Decentralized Finance)
    With reliable price information provided, more advanced financial services such as loans collateralized by Pi or staking Pi to earn interest could emerge within the Pi ecosystem.

[Important Note]
These three scenarios are merely “future possibilities” derived from changes in the external environment and reflect community expectations. As of now, no official business partnership promising the realization of these has been announced by the Pi Network operations (Pi Core Team) or Mastercard. It is essential to calmly distinguish between facts and expectations.

Grand Vision and Reality: What Pi Network Truly Aims For

While changes in the external environment present significant opportunities, the true value of a project is determined by its internal design philosophy and development progress. Let’s unravel why the Pi Network distinguishes itself from many short-term speculative cryptocurrencies.

Design Philosophy Aiming for Long-Term Value

The Pi Network incorporates a “halving” mechanism, where the amount of newly issued (mined) coins gradually decreases as the number of participants increases. This is a thoughtfully designed economic model aimed at increasing the scarcity of the coin over time, preventing rapid inflation, and stabilizing its long-term value. Its philosophy fundamentally differs from “pump and dump” schemes seeking quick riches.

Community Belief and the Project’s Future

This is why experienced Pioneers, instead of fluctuating with daily market price changes, believe in the grand vision of the project and the strength of its robust global community. The ultimate success of the project hinges on its transition to an “Open Mainnet” where all functionalities are released, and on how many widely used applications and services (ecosystems) emerge on it.

Conclusion: Grasping the Signs of Change and Using Them as a Compass for the Future

Finally, let’s review what has been discussed in this article and organize how we should interpret this information.

  1. [Fact] The traditional financial industry (FRB, Mastercard, etc.) is changing its long-held policies and is steadily moving closer to the Web3 and cryptocurrency world.
  2. [Possibility] This significant trend could be a powerful tailwind for projects like the Pi Network, which have a global community and a clear vision.
  3. [Conclusion] However, whether this possibility becomes a reality hinges on Pi Network’s future technological development and the maturity of its ecosystem. The perspective we should maintain is to calmly distinguish between facts and possibilities, without being swayed by fervor or speculation, and to continue to observe the project’s steady progress.

The transition from Web2 financial systems to the Web3 world has only just begun. During this historic period of transformation, it will be paramount to think for oneself based on accurate information and to possess a compass for envisioning the future.

Pi2DAY: Pi Network Launches AI Strategy – What Future Do ‘Pi App Studio’ and New Initiatives Aim For?

Pi Network, which has built a globally immense community through participatory smartphone mining, has announced its full-scale entry into the field of AI (Artificial Intelligence) as its next move. This announcement, made in conjunction with “Pi2Day” in 2025, is not just about adding new features; it is a highly strategic step that concretely illustrates the future vision of the ecosystem the project aims to achieve.

They propose a grand vision: to provide unique solutions to societal challenges brought about by AI, utilizing blockchain technology. This article objectively and systematically explains the full scope of the newly announced core features, “Pi App Studio” and “Ecosystem Directory Staking,” as well as crucial surrounding technological updates.

Summary source: Official Blog
https://minepi.com/blog/pi2day2025/

Pi Network’s Proposed “Challenges in the AI Era” and “Role of Blockchain”

Why is Pi Network focusing on AI now? This move is rooted in their perception of fundamental challenges that modern society is increasingly facing due to the rapid evolution of AI technology.

Three Challenges Brought by AI

Pi Network points out the following three major challenges that need to be addressed as AI permeates society:

  1. Immaturity of the AI application layer: A significant gap still exists between advanced AI foundational technologies and concrete applications that utilize them in real-world society.
  2. Role of human labor and intellect: Uncertainty about what role human labor and intellect will play in a world where AI replaces much of productive activity.
  3. Unequal distribution of wealth: The concern that the immense productivity gains AI will generate may concentrate among a few corporations or individuals, widening disparities.

Pi Network’s Solution: “Value Distribution” via Blockchain

To address these challenges, Pi Network proposes the fusion of AI and blockchain technology as a solution. What’s interesting here is the uniqueness of their approach.

While many “decentralized AI” projects focus on decentralizing AI training data or computational processes themselves using blockchain, Pi Network presents a more macro perspective. It is the idea of leveraging blockchain as a scalable foundation for fairly and inclusively “distributing and redistributing” the “products and value” generated by AI to society as a whole.

Instead of a few monopolizing the wealth generated by AI, Pi Network’s core vision is to fairly return this wealth to “real humans” who are participants in the ecosystem, through blockchain.

Realizing this vision requires a vast number of real humans verified through Know Your Customer (KYC) processes and a vibrant social network in which they participate, a foundation that Pi Network claims to already possess.

What is the Core Feature “Pi App Studio”? The Dawn of an Era Where Anyone Can Be an App Developer

The core engine for realizing this grand vision is the newly announced “Pi App Studio.” This is an innovative platform with the potential to fundamentally transform the way applications are developed.

No-Code App Development Platform Utilizing Generative AI

Pi App Studio’s greatest feature is that it does not require specialized programming knowledge. Users simply input their app ideas and requirements in natural language (everyday words), as if conversing with a human. Generative AI then interprets these instructions and automatically builds the application.

Pi Network highlights “guided workflows” and “access to a massive user base” as differentiators from other AI tools. Beyond simply providing tools, they guide individuals without product development expertise to bring their ideas to fruition and provide an environment where immediate feedback can be obtained from a community of tens of millions, thereby supporting practical product development.

Two Development Options: Specialized Chatbots and Free App Creation

Pi App Studio, as released, primarily offers two development options:

Screenshot of Pi App Studio

  1. Creation of topic-specific chatbots: This workflow allows developers to train AI with their own expertise and knowledge to create custom chatbots that can provide high-quality responses on specific topics. Beyond mere Q&A, it is expected to be applied to various application formats such as step-by-step wizards, interactive quizzes, and recommendation engines.
  2. Open App Development Platform (Beta): This platform allows for more free-form creation of any application one envisions, without coding. While still in beta, it suggests that various types of apps will be possible in the future.

Apps created can also aim for monetization by integrating with the Pi Ad Network and .pi Domains.

Mechanism of Another New Feature: “Ecosystem Directory Staking”

Even if many excellent apps are created, they are meaningless if users cannot discover them. To solve this problem, a new feature called “Ecosystem Directory Staking” has been introduced.

This mechanism allows users to support specific apps they wish to back by staking their Pi for a certain period. The more Pi staked, the more prominently the app will be displayed in the ecosystem’s directory (listing page). This mechanism can be described as a decentralized ranking system that aims for truly valuable apps to be evaluated by the collective intelligence of the entire community, rather than by the amount of advertising spend.

Important Technical Updates Supporting the Ecosystem

In addition to these two main features, this announcement also includes several important technical updates aimed at strengthening the overall ecosystem’s foundation.

Improved Accessibility: Onramper Integration

Onramper, a third-party aggregation tool for KYB (Know Your Business)-certified on-ramp services, will be integrated into Pi Wallet. This will provide users with more options to participate in the Pi ecosystem from fiat currency, in compliance with regional regulations, thereby improving accessibility.

Enhanced Node Functionality and Visibility (v0.5.2)

Several important updates were also implemented for the Node software, which underpins the Pi network, as version 0.5.2.

Screenshot of Pi Desktop and Node Ranking

  • Renaming and Feature Expansion: The traditional dedicated Node application has been renamed to “Pi Desktop.” This clarifies its position as a more general-purpose desktop application, which will integrate functions not related to Node operation in the future, such as utilizing Pi App Studio on a larger PC screen. Usability has also been improved, including the ability to resize windows.

 

  • Node Ranking Page Publication: The top 5,000 highest-performing Pi Nodes are now publicly ranked on Pi Blockexplorer. The ranking is updated every 24 hours and evaluated based on the following key metrics:
    • Reliability
    • Availability
    • Port Openness
    • Total Active Days
    • CPU Performance

    This makes high-performing nodes that stably contribute to the network visible, and users can check their node’s position on the ranking using their public key.

Accelerated KYC and Mainnet Migration

Improvements have also been made to the KYC (Know Your Customer) process and Mainnet migration. Specifically, updates resolving issues for users facing unique challenges in certain regions have allowed over 500,000 additional Pioneers to unlock their migration blocks, enabling them to join the Mainnet.

Developer Support: .pi Domain Auction Extension

With the release of Pi App Studio, many developers will need to secure unique and memorable Web3 identifiers for their apps. In response, the .pi domain auction deadline has been extended to September 30, 2025.

Bonus: Limited-Time Interactive Challenge Also Held

To celebrate the release of these new features, Pi Network is hosting the “Pi2Day Ecosystem Challenge.” Through this interactive challenge, users can experience various features of the ecosystem, including the newly announced functions, and receive digital memorabilia.

Summary: Can Pi Network Create New Value at the Intersection of AI and Blockchain?

Pi Network has now officially launched its AI strategy, announcing “Pi App Studio,” which enables anyone to become an app developer, and “Ecosystem Directory Staking,” a community-driven evaluation system, as its core components.

Underlying this is an ambitious vision: not a future where wealth generated by AI is monopolized by a few large capitals, but one where blockchain technology is used to widely and fairly distribute that value to society. Numerous surrounding technical updates, such as enhanced node functionality and improved KYC processes, indicate that this vision is not mere fantasy but is based on concrete implementation plans.

Of course, the success of this grand scheme remains to be seen. Its success will depend on how many appealing and practical applications emerge from Pi App Studio and are embraced by users worldwide. There is no doubt that this announcement marks an important step in building a strong foundation for that challenge.

Latest Updates from Pi Network

Pi Network recently announced significant updates in preparation for its Mainnet migration.

## Key Changes

1. **Improved KYC Process**: The process has been streamlined to allow more users to complete KYC verification.

2. **New Wallet Features**: New security features have been added to the Pi Wallet, enabling users to manage their Pi more securely.

3. **Developer SDK Release**: An SDK has been released to make it easier for developers to build applications on the Pi platform.

## Future Outlook

These updates accelerate Pi Network’s preparations for ecosystem expansion and Mainnet launch.

Why is Pi Network Crucial in the AI Era? The ‘Hidden Value’ of KYC and 60 Million Users

While AI advancements enrich our lives, they also pose a serious question: “How do we distinguish between real humans and AI bots?” This article delves into why Pi Network, often recognized as a “smartphone mining app,” is now gaining significant attention as a fundamental solution to this core challenge of the AI era.

### The Genesis: Pi Network’s New Direction in AI Integration

In early summer 2025, a message from Pi Network caused a significant ripple effect across its global community. It all began with a presentation by its founder at an international conference, followed by an official announcement.

This started in May 2025, when Dr. Nicolas Kokkalis, one of Pi Network’s founders, spoke at “Consensus 2024,” a global blockchain conference. Dr. Kokkalis participated in a panel discussion on the future of AI and Web3, clearly articulating Pi Network’s vision for the coming AI era. With the excitement still high, the project further fueled community anticipation by indicating a strategic connection with AI in an in-app announcement leading up to “Pi2Day” on June 28th, its annual anniversary.

### The Fundamental Challenge of the AI Era: “Proof of Humanity”

To understand Pi Network’s strategy, you must first grasp the crucial concept of “Proof of Humanity.” What exactly is it, and why is it essential for the future of our digital society?

#### The Advent of a World Where AI Bots and Humans Are Indistinguishable

Today’s internet is overflowing with AI-generated text and images, including so-called deepfake videos. These are incredibly sophisticated and extremely difficult for humans to distinguish from real content. This situation creates serious risks such as:

* **Spread of misinformation:** Bots automatically generate large amounts of fake news, causing social confusion.
* **Public opinion manipulation:** Bots post numerous comments supporting specific viewpoints on social media, making it appear as if they represent the majority.
* **Abuse of online services:** A single individual can control multiple bot accounts to monopolize campaign prizes or unfairly manipulate service ratings.

To solve these problems, a mechanism to prove, “This account is undeniably operated by one real human being,” is needed. That mechanism is “Proof of Humanity.”

### Why Blockchain and KYC Can Be the Solution

Here, blockchain and KYC play a crucial role. KYC (Know Your Customer) refers to the identity verification procedures required by financial institutions, among others. By applying this to digital IDs and recording it on a blockchain—a “digital ledger that cannot be tampered with by anyone”—reliable “Proof of Humanity” becomes possible. In essence, a “real person named A” and “A’s digital ID” are robustly linked in an unalterable way.

### Pi Network’s AI Strategy: 3 Key Points from the Founder’s Statement

Dr. Nicolas Kokkalis’s statements at “Consensus 2025” unveiled Pi Network’s grand blueprint for the AI era. Its strategy is primarily built upon three pillars:

#### Key Point 1: The World’s Largest Network of “KYC-Verified” Users

Pi Network’s greatest asset is its over 60 million active users as of June 2024, particularly the more than 12 million KYC-verified users among them. From an AI development perspective, this is nothing short of a “treasure trove.” This is because the performance of modern AI heavily depends on the “quality” and “quantity” of its training data. Pure data from real humans, free from bots or misinformation, can serve as the highest quality training data to make AI smarter and fairer.

#### Key Point 2: “Real Human” Utilization and Testing of AI Services

For companies developing new AI applications and services, finding people to test them is a significant challenge. Pi Network’s vast KYC-verified community can serve as the world’s largest “sandbox” (a safe testing environment) for such new AI services. Developers can have millions of real users test their AI services, gather diverse feedback, and improve their offerings.

#### Key Point 3: “Decentralized Redistribution” of Value Generated by AI

Dr. Kokkalis emphasized that “the value generated by AI should not be monopolized by a few giant tech companies.” This aligns with the fundamental philosophy of Web3. Pi Network’s vision aims for the value created by users providing data for AI training or testing AI services to be fairly distributed back to the contributing users themselves through the blockchain mechanism. This proposes a new economic model where users are not just consumers but active participants in creating ecosystem value.

### Analysis: Pi Network’s Challenge and Obstacles to Overcome

The vision outlined is highly ambitious. So, what is its feasibility? Here, we objectively consider Pi Network’s potential and the realistic challenges it must face.

#### Expected Role: A “Bridge of Trust” Connecting Humans and AI

If Pi Network’s AI strategy succeeds, the platform has the potential to serve as a “bridge of trust” connecting AI and human society. A future might arrive where all Web services utilize Pi’s ID system to verify that users are real humans.

#### Remaining Challenges: Transition to Open Mainnet and Ecosystem Maturity

On the other hand, there are objective challenges that must be recognized. The biggest challenge is that Pi Network is currently in a phase called the “Closed Mainnet.” This means that Pi’s blockchain is not yet connected to external blockchains, and Pi Coin is not listed on general cryptocurrency exchanges. The true value of the project will be tested upon its transition to an “Open Mainnet,” where anyone can freely access it, and how many useful apps and services (ecosystem) are built upon Pi.

### Conclusion: Pi Network’s Future Vision, Beyond Just a Cryptocurrency

Recent developments in Pi Network suggest a grand strategic shift from being merely a cryptocurrency project to becoming a social infrastructure that undertakes “Proof of Humanity” in the AI era. The source of its value can be said to lie not in the coin itself, but in the massive “network of humans” whose existence is proven through KYC.

Of course, a major hurdle—the transition to Open Mainnet—remains. However, this grand social experiment holds significant value in observing what answers it will provide for a future digital society coexisting with AI.

For those interested in the fundamentals of this field, researching “Decentralized ID (DID)” and “Web3” will further deepen your understanding.

Renewed Attention on Pi Network’s Progress Amidst Its Massive User Base

As the cryptocurrency market enters a new phase, Pi Network, with its massive user base, is once again drawing attention. However, many may still find its true status unclear, a mix of optimistic voices and skeptical views. Now, stepping back from the market’s hype, is the project truly moving forward?

This article objectively analyzes Pi Network’s specific initiatives for ecosystem building, based on network data observed over a specific period and official announcements. We will explore the project’s current status and future potential, not just from a speculative angle, but from the perspective of “utility.”

**Important:** Pi Network’s Current Status: Understanding the “Enclosed Mainnet” Before “Open”

Crucial to understanding Pi Network’s current situation is that the network is presently in the “Enclosed Mainnet” phase. We will first explain what this means and why this phase is necessary.

The Enclosed Mainnet refers to a state where Pi’s blockchain itself is operational, but it is intentionally not connected to external exchanges or other blockchains. It functions as a preparatory period before the official open launch. The main objectives of this phase are summarized in these three points:

* **Large-scale Know Your Customer (KYC) implementation:** To maintain the network’s legitimacy and enforce the one-account-per-person principle.
* **Ecosystem fostering:** Providing a secure environment for developers to build and test applications on Pi.
* **Utility testing:** Verifying whether Pi can function as a currency in an environment isolated from external market noise.

Therefore, it is crucial to understand that the data and activities presented in this article represent progress within this “closed network,” and are significant steps towards the future “Open Mainnet” (a state where external connections are possible).

Network Growth Through Data: Key Indicators from a Specific Period

Network activity data is crucial as an objective indicator of project health. Here, we will examine user numbers and asset movements during a specific disclosed period (reported as the first 100 days after the mainnet transition).

The growth during this period suggests that the project is maintaining community interest and continues to expand.

| Metric | Value | Significance |
|—|—|—|
| New Mainnet Participants | Over 3 million | Increase in active users who completed KYC and migrated to the Mainnet. |
| Total Mainnet Users | Over 13 million | Indicates a steady expansion of the network’s scale. |
| Total Pi Migrated to Mainnet | Over 7.4 billion Pi | Users’ mined assets are actually recorded on the blockchain. |
| Amount of Pi Locked Up | 5.2 billion Pi | A large portion of the total migrated amount is locked up, suggesting many users are involved with a long-term perspective on the project. |

Catalyst for Ecosystem Expansion: Establishment of “Pi Network Ventures”

To enhance the network’s value from within, a large-scale investment arm has been established. We will explain the purpose of “Pi Network Ventures” and the future it envisions.

Pi Network Ventures is a $100 million venture fund (denominated in Pi and USD) established by the Pi Foundation. Its primary objective is to strategically invest in startups and projects that enhance Pi’s utility and promote its real-world adoption. This demonstrates a strong commitment to not just distributing coins, but also fostering their practical use within the ecosystem itself.

As the initial area of focus, “gaming” is highlighted due to its immense market size and strong affinity with digital payments. The aim is believed to be expanding Pi’s economic sphere through experiments with in-game payments and advertising revenue models.

A Touchstone for Utility: “Pifest” Demonstrates Pi Payment Potential

For cryptocurrencies to be more than just digital data, it is essential for them to be “usable” in the real world. “Pifest,” a large-scale commercial event held in 2024, served as a crucial test case to explore this potential.

Remarkably, over 125,000 sellers from around the world registered to participate in this event, with approximately 58,000 stores and individuals actually accepting Pi as payment for goods and services. The community-developed store locator app, “Map of Pi,” attracted over 1.8 million users during this period, and active transactions were reported.

This initiative provided valuable empirical data on whether Pi could function as a daily payment method within a specific community. It demonstrates the project’s commitment to proving its value not just theoretically, but through practical application.

Will it Become the Foundation of Digital Identity? The Evolution of “Pi Domains”

In the world of Web3, the value of human-readable names (digital identities) that replace long, complex wallet addresses is growing. Pi Network’s answer to this is “.pi domains.”

During the domain auction launched concurrently with Pifest, over 57,000 users participated, and a total of over 123,000 bids were placed. These domains are more than just aesthetically pleasing names. They are expected to function as unified digital IDs usable across various apps and services within the Pi ecosystem in the future. This is a crucial step towards dramatically improving user experience and deepening the overall ecosystem’s integration.

Strengthening Technical Infrastructure to Support Mass Adoption

A robust technical foundation is indispensable for an ecosystem that millions of users can comfortably and securely utilize. Here, we will overview key improvements being made behind the scenes.

* **Improved Developer Experience:** Enhancements to the developer portal for quicker app publishing and support for monetization through the Pi Ads Network are underway. This is a crucial measure to attract diverse applications to the ecosystem.
* **Enhanced Security and Convenience:** To protect user assets, two-factor authentication has been introduced for wallet migration, and account recovery features have been strengthened. Furthermore, the KYC process continues to be improved, including support for external identity verification services like “Yoti,” to allow users in more regions to complete verification smoothly.

Conclusion: What the Data Reveals About Pi Network’s Current Position and Future Outlook

Integrating the individual data points we’ve examined so far, what overall picture of Pi Network emerges? Let’s consider the project’s next phase.

The data analyzed suggests that Pi Network is not swayed by short-term market price fluctuations, but is steadily progressing towards its long-term vision of building a practical digital economy. The multifaceted approach – consistent user growth, funding and tools for developer support, real-world payment testing, and strengthening the underlying infrastructure – can be interpreted as calculated groundwork for the future Open Mainnet transition.

Of course, the project’s success is not guaranteed. However, these facts indicate that Pi Network is at least attempting to evolve from being “just a coin you can mine on your phone” into a platform with its own economic sphere. The future value of the project will depend on how many attractive and practical applications and services emerge and integrate into society upon this foundation.

Summary and Next Steps

Finally, let’s summarize the key points of this article.

* Pi Network is currently in the “Enclosed Mainnet” phase, disconnected from external networks, and focused on ecosystem building.
* Data on user numbers, asset migration, and commercial events indicate that the network is growing quietly but steadily.
* The $100 million venture fund and enhanced developer support are tangible investments aimed at increasing Pi’s utility.
* The project’s evaluation criteria are shifting from speculative expectations to “utility.”

We hope this article serves as a helpful guide to objectively understanding Pi Network’s current status. For a deeper understanding, we strongly recommend reviewing the roadmap and whitepaper published on the official website to verify the project’s overall vision for yourself.

Why Isn’t Pi Coin Rising? 5 Challenges Facing Pi Network Amidst Bitcoin’s Surge

In 2025, the cryptocurrency market is regaining vitality, with Bitcoin showing robust movement, buoyed by factors such as the proliferation of spot ETFs. However, has this wave reached the Pi Network, which boasts one of the world’s largest communities? This article delves into five structural challenges faced by Pi Network, which answer the common question, “Why isn’t Pi’s price increasing?” We will explore these challenges with objective data.

### Challenge 1: The “IOU Price” Dilemma – Disconnected from the Market

Many users are most concerned about the “price” of Pi, but the figures currently displayed on some exchanges do not reflect the actual value of Pi Coin. These are “IOUs (I Owe You),” which are essentially promissory notes, where the “right to exchange for real Pi coins in the future” is traded speculatively. While this IOU price can indicate market expectations, it is decoupled from the project’s intrinsic value. Therefore, it does not directly correlate with the price increases of other cryptocurrencies like Bitcoin. Unawareness of this fact can lead users to feel left out of the broader market movement.

### Challenge 2: The Barrier of a “Closed Mainnet” – Isolated from the Outside

The primary reason Pi Network has not been listed on exchanges is its current “Closed Mainnet” phase. This means the network is confined within the Pi ecosystem, preventing free movement of coins to and from external blockchains or exchanges. Major exchanges like Binance do not list projects that cannot ensure asset security or liquidity. Until this “wall” is overcome and Pi transitions to an “Open Mainnet” accessible to everyone, it cannot acquire significant market value.

### Challenge 3: “Immature Ecosystem” – Lack of Proven Utility

The true value of a cryptocurrency is determined not by speculative price but by its utility – “what it can be used for.” Pi Network aims to expand its ecosystem of usable applications (dApps) and has set a goal of deploying 100 dApps. However, as of 2025, no killer app has emerged that strongly attracts many users, and the specific use cases for Pi Coin remain limited. The lack of clear answers to questions like “What can I buy with Pi?” or “What useful services can I access?” is a major factor in the project’s stagnating value.

### Challenge 4: “Expectation vs. Reality Gap” in a Massive Community

The Pi Network’s greatest asset is its massive community, reportedly tens of millions strong worldwide. However, due to its sheer size, a significant gap has emerged between user expectations and project progress. The impatience and frustration among users who have been mining for years, asking “When can I cash out?” are frequently seen within the community. As long as there is a discrepancy between the grand vision presented by the project team and the concrete benefits users seek in their daily lives, there is a risk of the community’s enthusiasm gradually diminishing.

### Challenge 5: Project “Progress Opacity” and Trust Issues

Many users feel a lack of transparency regarding the core team’s activities and the roadmap. The absence of clear conditions or specific timelines for the Open Mainnet transition often makes users wonder if the project is genuinely progressing. Delays in KYC (Know Your Customer) verification and reports of technical issues in the migration process also contribute to eroding trust. While regulatory compliance and security are important, insufficient visibility into progress breeds skepticism about the project.

### Conclusion: Observing a Grand Experiment with an Objective View

Pi Network appears to be left behind by the overall market surge, but this is due to five clear, structural challenges: the unique nature of IOU trading, the technical constraint of a closed mainnet, an immature ecosystem, the gap between community expectations and reality, and the opacity of project progress.

This project, which began with the ease of “mining on your phone,” has grown into a grand social experiment involving tens of millions of participants worldwide. However, its success is far from guaranteed. It is now imperative for each user to correctly understand the current challenges, avoid being swayed by excessive expectations or anxieties, and calmly observe the future of this project, making their own informed decisions.

Pi Network & Generative AI: Full-Scale Integration Begins. Shocking Consensus Appearance and Pi2Day Prospects Explained

A single announcement displayed on the Pi Network mobile app has spread great anticipation and excitement throughout the global community. A major announcement concerning its core strategy, “Generative AI (Gen AI)”, has been teased for “Pi2Day” on June 28, 2025, the project’s anniversary. This move could mark a historic turning point, evolving Pi Network from a mere cryptocurrency project into a broader Web3 ecosystem.

This article will delve deeply into the founders’ movements behind this significant announcement and the possibilities it unlocks, based on the latest objective information, explained in an easy-to-understand manner for everyone.

### The Beginning of Everything: Founder Speaks at Consensus 2025

In 2025, a highly symbolic event indicated Pi Network’s transition to its next stage. Dr. Nicolas Kokkalis, one of the founders, took the stage at “Consensus 2025”, one of the world’s largest blockchain conferences.

Consensus is one of the most prestigious events where industry leaders, developers, and investors from around the globe gather to discuss the future of technology. There, Dr. Kokkalis participated in a panel discussion on “AI and Blockchain Infrastructure,” a theme directly addressing the core of our era. His remarks there held significant meaning, showcasing Pi Network’s grand vision to the world.

“AI, especially Generative AI, has made tremendous progress. We are now at the stage of actually building excellent applications and products using this technology.”

This statement strongly conveyed that Pi Network’s AI strategy is no longer just a concept but has entered a concrete phase aimed at practical implementation, decisively raising expectations for the upcoming “Pi2Day”.

### [Nicholas Kokkalis’s Consensus 2025 Speech] What is the ‘Foundation of Trust in the AI Era’ that Pi Network is Building? KYC, Value Distribution, and Vision for the Future

### Why are ‘Generative AI’ and ‘Blockchain’ the Strongest Tag Team?

To deeply understand its relationship with Pi Network, let’s first briefly outline the fundamental reasons why “Generative AI” and “Blockchain” are considered such a strong combination.

* **Generative AI:** Artificial intelligence that learns from vast amounts of data and creates new content from scratch, such as text, images, and program code. Its capabilities are immeasurable, but it faces challenges like “information veracity” and “opaqueness of decision-making processes”.
* **Blockchain:** A technology that records transactions and data in “blocks” and links them like a “chain,” making tampering extremely difficult. Its essence lies in “ensuring trustworthiness”.

When these two are combined, a powerful synergy emerges. For example, by recording AI’s decision-making processes and training data on a blockchain, anyone can verify their transparency and fairness. Conversely, AI can evolve “smart contracts” that automatically execute complex contractual terms into more advanced and secure ones.

### What is the ‘Foundation of Trust in the AI Era’ that Pi Network is Building?

What Dr. Kokkalis particularly emphasized at Consensus 2025 was the importance of “trust” in the AI era. In a future where AI can create vast numbers of realistic fake accounts (bots), the value of proving that “the entity behind an account is truly a unique human” is immeasurable.

Here, Pi Network’s unique strength, built over many years, plays a decisive role.

Pi Network’s greatest asset is its vast global network of real humans who have completed KYC (Know Your Customer) verification.

This “human-verified” network can be both the best teacher and the best customer for AI. For example, it provides an unshakeable foundation for preventing AI services from being abused by malicious bots, or for fairly distributing the value generated by AI not to a few giant corporations, but to the real people who contributed to the network.

### Ecosystem’s Current Status: Objective Growth of Pi Network with Latest Data

While the vision is grand, the project’s foundation is also steadily solidifying. Let’s look at the objective growth of the Pi Network ecosystem based on the latest publicly available data.

| Metric | Value |
| :——————————— | :—————– |
| Users who completed Mainnet migration | Over 13 million |
| Total Pi migrated to Mainnet | Over 7.4 billion Pi |
| ┗ Of which, Pi voluntarily locked up | 5.2 billion Pi (approx. 70%) |
| ┗ Pi available for ecosystem use | 2.2 billion Pi |
| Number of active nodes operating worldwide | Over 400,000 |

*Numbers fluctuate regularly. Please refer to official announcements for the latest information.

These figures serve as objective evidence that the project is not just a theoretical concept but is supported by an active community and infrastructure geared towards practical implementation.

### Future Outlook: What Will Be Revealed at the Approaching ‘Pi2Day 2025’?

And now, all attention is focused on the upcoming “Pi2Day” on June 28, 2025. The Consensus 2025 announcement can be seen as a grand prelude to this day. The Pi Core Team, the operating body of Pi, alluded to Dr. Kokkalis’s appearance in an official message, clearly indicating that the answers regarding the relationship between Generative AI and Pi Network will be revealed on Pi2Day.

More specific details are expected in this year’s announcement, such as:

* **AI Strategy Roadmap:** Detailed stages and timelines for integrating Generative AI into the Pi ecosystem.
* **Release of Developer Tools:** Announcement of tools (e.g., APIs) for developers to build new AI-powered applications on the Pi platform.
* **Introduction of Specific Use Cases:** Demonstration of the first official application leveraging Generative AI.

These could be the final puzzle pieces for Pi Network’s transition to the long-awaited Open Mainnet (a state where anyone can freely transact).

### Summary: Key Points to Watch as Pi Network Enters its Next Chapter

Dr. Nicolas Kokkalis’s appearance at Consensus 2025 served as a signal that Pi Network has entered a new chapter.

* **Clarification of Vision:** Pi Network’s core strategy, “integration with Generative AI,” was clearly demonstrated on the world’s highest stage.
* **Core of Uniqueness:** The foundation of this strategy lies in maximizing the inherent value of Pi’s “KYC-verified human network” in the AI era.
* **Date to Watch:** “Pi2Day” on June 28, 2025, will be an extremely important date for learning the concrete details of this grand plan.

This could offer a glimpse into a future socio-economic model where decentralized technology and artificial intelligence converge, going beyond the mere framework of cryptocurrency. Without being swayed by speculation, let’s closely watch for official announcements from Pi Network’s official channels and witness this historic step of the project together.

Pi Network: The Truth About ‘KYC Expiration’ and What Happens to Unverified Accounts’ Pi Coins – An Analysis Based on Official Information

Within the Pi Network user community, information is circulating that the “KYC (Know Your Customer) application deadline has passed” and “unverified accounts will lose their coins.” Many may feel anxious about the fate of their assets. Meanwhile, encouraging rumors like “the Open Mainnet has launched” are also being heard.

For those seeking to verify the truth amidst conflicting information, this article objectively analyzes the latest situation regarding Pi Network’s KYC, based on reliable external sources and official announcements. Reading this article will help you accurately understand the current status and build a foundation for calmly deciding what actions to take now.

At the Heart of the Discussion: The Truth Behind the Claim “KYC Ended on March 14, 2025”

First, let’s explain the date “March 14, 2025,” which has garnered significant attention within the community. This date was indeed a crucial milestone for Pi Network. According to multiple sources, this day was widely announced as the “final deadline for the grace period” for KYC and migration procedures, allowing users to transfer their mined Pi to the Mainnet (the live, operational network).

While this is slightly different from a declaration that “no new KYC applications will be accepted ever again after this date,” it is true that completing identity verification by this deadline was extremely important for securely retaining the Pi coins mined up to that point. The setting of this deadline is positioned as a crucial step to advance the project to its next phase.

What Happens to Mined Pi Coins If KYC Is Not Completed?

So, if KYC was not completed by the deadline, will the mined Pi coins truly be “forfeited”?

According to information closely aligned with official policy, Pi remaining in accounts with uncompleted KYC may eventually be invalidated and reallocated as incentives for the active, verified community. This is not merely a punitive “forfeiture.” This measure has clear objectives to protect the project’s integrity, such as:

  • Elimination of Fake Accounts: Prevents one individual from unfairly earning coins through multiple accounts.
  • Maintenance of Network Fairness: Ensures assets are distributed to genuine users (Pioneers) who are actually active and contributing.
  • Ensuring Security: Protects the entire network from misuse and attacks.

In other words, this mechanism is a measure based on logical judgment, intended to maintain the long-term value and trustworthiness of the entire ecosystem.

[By Situation] Your KYC Status and What You Should Check Now

Your future outlook and interpretation will vary depending on your current situation. Here, we organize the current status into three main cases.

Case 1: Applied Before the Deadline, But Still “Pending Approval”

Many may have applied for KYC before March 14, 2025, but their status remains “under review” or “pending approval.” In that case, there might be no need for excessive worry.

Pi Network is a massive community of tens of millions of users, processing an enormous number of applications using a combination of manual and automated systems. Therefore, it is expected that the review process will take time. Although not officially confirmed, it is believed that applications submitted before the deadline are still being processed. The basic stance is to wait patiently for your status to be updated within the app.

Case 2: KYC Already “Approved”

Those who have successfully passed KYC have gained the right to fully participate in the Pi ecosystem. Specifically, by progressing through the items on the “Mainnet Checklist” within the Pi app, you can migrate your Pi to your Mainnet wallet.

Here’s one important point: while there’s information circulating that “the Open Mainnet has launched,” this is not accurate at present. As of 2025, Pi Network is in the “Enclosed Network” phase. This means that while Pi’s blockchain is operational, it is intentionally not connected to external exchanges or other blockchains. Approved users can engage in the following activities within this closed network:

  • Sending and receiving Pi among users.
  • Making payments and using compatible applications (DApps) developed on the Pi Browser.

Listing on external exchanges or exchanging with other cryptocurrencies requires waiting for the next “Open Mainnet” phase.

Case 3: Missed the Opportunity to Apply for KYC

There may be some who missed the KYC application by the deadline or haven’t had the opportunity to apply at all yet. While hopeful speculation about a “second wave of KYC” is whispered within the community, there are currently no such official announcements.

However, it is also suggested that the path is not entirely closed. Pi Network is showing signs of expanding participation in its ecosystem, such as partnering with external KYC service providers (e.g., Banxa) and piloting new wallet creation flows. While there’s a non-zero possibility that additional identity verification opportunities might be provided in some form in the future, it remains uncertain. For now, we can only wait for official announcements from Pi Network.

Is “Open Mainnet” Still Distant? Three Conditions for Migration

The key to the project’s ultimate success lies in the migration to the “Open Mainnet.” This will be the first time Pi connects with external economic spheres, theoretically enabling listing on exchanges. However, the core team has shown a very cautious approach to this transition and has officially announced that the following three conditions must be met for migration:

  1. Readiness of Technology, Product, Business, and Legal Aspects: The network must possess stability and security capable of withstanding external connections, and legal issues must be cleared.
  2. Ecosystem Goal Achievement: The number of KYC-completed users, users migrated to the Mainnet, and practical Pi apps must reach the set targets.
  3. Absence of Unfavorable External Environment: The global situation should not hinder the project’s success, avoiding global economic crises, wars, or the introduction of stringent regulations.

As these conditions indicate, Pi Network prioritizes building a sustainable ecosystem with practical value, rather than merely aiming for speculative price increases. The transition to Open Mainnet will occur only after all these preparations are complete.

Conclusion: What Pi Network Users Should Keep in Mind Now

The series of developments regarding the KYC deadline is a crucial step for Pi Network’s transition to its next phase. Finally, here’s a summary of points for all users to keep in mind to calmly assess this situation.

KYC is an unavoidable “key” to fully participating in the Pi ecosystem. And the most accurate information regarding this key will always be communicated directly from official sources.

Instead of fluctuating between joy and anxiety based on community rumors and unofficial information, prioritizing Pi Network’s official blog, official social media, and in-app announcements as primary sources of information is paramount to protecting your valuable assets.

First, open your Pi app and re-check your current KYC status. And for future developments, let’s carefully monitor announcements from official sources.

What is the Pi Bank Concept? The Role and Challenges of a ‘Bank’ Shaping Pi Network’s Value and Future

Pi Network, which has formed a huge global community by allowing users to easily participate in mining via smartphones, is currently drawing attention to a grand “concept” within its community: the “Pi Bank.”

If a reliable “bank” for the Pi you mine daily were to emerge, how would the future of Pi change? This article objectively and clearly unravels the entire “Pi Bank Concept,” which is actively discussed within the community, from its anticipated roles to the challenges it must overcome, from multiple perspectives.

What exactly is the “Pi Bank Concept”?

First, let’s clarify what the “Pi Bank Concept” currently discussed in the community entails. The most important point here is that this is not an official project announced by the Pi Core Team, but rather an idea in its “conceptual” stage, discussed within the community and reported by some news sites.

This concept is based on the idea of establishing a kind of “governing body” or “financial institution” to make Pi’s vast ecosystem more stable and reliable. It’s a natural progression for a project to require more organized operation and value stability as it matures, and the Pi Bank Concept can be seen as anticipating such future needs.

Three Specific Roles Expected of Pi Bank

So, if a Pi Bank were to be realized, what specific roles would it play? Analyzing the current discussions, it is primarily expected to perform three functions: “governance,” “value stability,” and “financial services.”

① Governance Function as the “Central Bank” of the Ecosystem

Currently, important news regarding the Pi Network project is disseminated through various channels such as the official app and social media. The Pi Bank is expected to consolidate this information and serve as a single, reliable official source of information. This is similar to how a country’s central bank (like the Bank of Japan) issues official statements on currency matters. The presence of a unified governance body would enhance the overall transparency and reliability of the project, allowing users and external partners to participate in the ecosystem with confidence.

② Role as a “Stabilizer” to Maintain Pi’s Value

Cryptocurrency prices are known for their high volatility. The Pi Bank Concept discusses its role as a “stabilizer” to keep Pi’s value within a certain range. Specifically, it involves holding fiat currencies like the US dollar or other assets as “reserves” and using these reserves to back and stabilize Pi’s value.

This mechanism is similar to that of stablecoins like “USDT” and “USDC,” which are designed to always be worth 1 dollar. If Pi’s value becomes stable, it would be easier to use for daily payments and remittances, potentially accelerating its adoption as a practical currency.

③ Provision of Financial Services such as Staking and Lending

The Pi Bank also has the potential to become a platform offering various financial services utilizing Pi. Two representative examples include:

  • Staking: A mechanism where users can deposit their held Pi with the Pi Bank for a certain period and receive new Pi as a return, similar to interest. This can be understood as akin to a bank’s “fixed deposit.”
  • Lending: A mechanism allowing users to borrow other cryptocurrencies or fiat currencies using their held Pi as collateral. This can be imagined as the cryptocurrency version of a “real estate-backed loan.”

If these functions are realized, users will have avenues to actively utilize Pi as an asset, rather than just holding it.

The Biggest Debate: The Contradiction Between Decentralized Network and a “Bank”

The most important and contentious aspect of this concept is its relationship with the Pi Network’s stated philosophy of “decentralization.” How can a centralized “bank” reconcile with this philosophy?

The core principle of blockchain technology, “Decentralized,” means that there is no specific administrator or central authority; instead, all network participants manage and maintain the system. Its greatest feature is the ability for individuals to freely exchange value without needing centralized entities like banks or governments.

Introducing a seemingly centralized entity like “Pi Bank” might appear to be a self-contradiction. Who would manage and operate this “bank”? The Pi Core Team, or representatives (such as validators) elected by community vote?

There is no clear answer to this question yet. If the Pi Bank were entirely controlled by the Pi Core Team, the Pi Network might no longer be considered decentralized. On the other hand, if it adopted a form like a “DAO (Decentralized Autonomous Organization)” where operational policies are decided by community vote, stable operation might be possible while preserving the decentralized ethos. Finding the right balance will be the greatest key to realizing this concept.

The Light and Shadow Pi Bank Brings to Pi’s Price and Future Prospects

What potential impact could the realization of Pi Bank have on Pi’s value and future prospects? Let’s examine both the anticipated benefits (light) and potential drawbacks (shadow).

Light (Benefits): Trust and Ecosystem Development

If governance is strengthened and value is stabilized by the Pi Bank, the overall reliability of the project will dramatically improve. This could lead to positive developments such as:

  • Listing on major exchanges: World-leading cryptocurrency exchanges like Binance and Coinbase prioritize project transparency and stability in their listing evaluations. The existence of a Pi Bank could be a strong factor supporting listing on these exchanges.
  • Partnerships with corporations and institutions: When large corporations and financial institutions partner with blockchain projects, they seek clear accountability and a currency with stable value. The Pi Bank could serve as a bridge to such external partners.

Shadow (Drawbacks): Will the Dream of Rapid Price Increase (GCV) Disappear?

On the other hand, value stability could distance some users from their dreams. A portion of the community passionately discusses a target called “GCV (Global Consensus Value, such as 1 Pi = $314,159).”

However, if the Pi Bank aims to peg (fix) Pi to a stable value like a stablecoin, such an explosive price increase is logically impossible. Is it better to prioritize practicality as a “means of payment” or speculative appeal as an “asset”? This is a kind of trade-off that the Pi Network community faces.

Technical and Institutional Challenges Towards Realizing the Concept

To realize this ambitious concept, many technical and institutional hurdles must be overcome. If smart contracts (self-executing contract programs) have vulnerabilities (bugs), there’s a risk of assets being stolen through hacking. Furthermore, challenges abound regarding how to securely manage the reserves for value stabilization, and how to clear legal regulations in various countries (especially those concerning finance).

Moreover, as a prerequisite for these discussions, the Pi Network’s own infrastructure needs to be fully developed. Many users still face delays in the KYC (Know Your Customer) process and the full mainnet opening. Resolving these immediate issues is indispensable first.

Summary: The Pi Bank Concept as a Litmus Test for Pi Network’s Maturity

The “Pi Bank Concept” is currently just a community-driven idea, and its feasibility is uncertain. However, the very fact that this concept is actively discussed indicates that the Pi Network is maturing from a mere mining app into a full-fledged economic ecosystem with practical utility.

This concept poses a fundamental question to us, one that many cryptocurrency projects face: how to find the optimal balance between the blockchain ideal of “decentralization” and the real-world demands for “governance and stability.”

As Pioneers (Pi Network users), it’s crucial not to be swayed by uncertain information but to always verify primary information from the Pi Network’s official website and social media, and to think independently about the project’s future. Let’s observe how the Pi Bank Concept develops calmly and carefully.

Will Pi Network Launch Open Mainnet on June 28, 2025? An Objective Look at the Founder’s Announcement and 5 Key Takeaways

Introduction: Why Pi Network is Gaining Attention Again

Pi Network, a cryptocurrency project long awaited by many participants dubbed ‘Pioneers,’ has recently seen a surge in global anticipation. This follows a statement from one of its co-founders, fueling speculation that the Open Mainnet might finally launch on June 28, 2025.

Why is this announcement significant now? This article delves into the core of the statement, objectively analyzing the five plans indicated by the project. We aim to clarify the ‘present’ and ‘future’ of Pi Network in an easily understandable way.

What is Pi Network, Anyway?

To understand this news, let’s first briefly review what Pi Network is.

Pi Network is a cryptocurrency project launched in 2019 by Stanford University graduates Dr. Nicolas Kokkalis and Dr. Chengdiao Fan. Its most distinctive feature is that it allows users to easily participate in mining (the process of acquiring new coins) through a smartphone app, without the need for high-performance equipment. This accessibility has attracted many participants, but until now, the network has remained in a ‘closed mainnet’ phase, isolated from external blockchains.

The Core: What Will Happen on ‘Pi Day,’ June 28, 2025?

The origin of the buzz was a hint from co-founder Dr. Chengdiao Fan, suggesting that ‘something big will happen on Pi Day, June 28, 2025.’ This date could potentially be a decisive turning point for the project.

The community’s highest expectation is the transition to an ‘Open Mainnet.’ This is an extremely crucial step for Pi Network to advance to its next stage.

【What is an Open Mainnet?】
In short, it means ‘transitioning from a closed testing environment to a public, open production environment accessible to anyone.’ Currently, coin transactions can only occur within the Pi Network. However, an Open Mainnet would open the way for trading Pi on external cryptocurrency exchanges and allow developers to freely build applications (DApps) on the Pi blockchain.

However, it’s important to note that there has been no official confirmation from Pi Network that the Open Mainnet will launch on June 28, 2025. June 28 is an annual community event day known as ‘Pi2Day,’ and the current situation is that anticipation for some significant announcement on this day is high.

The Founder’s ‘Five Major Transformations’: Key Points of the Plan Explained

This announcement hinted at five significant plans associated with the Open Mainnet transition. Each of these is a crucial factor in forecasting Pi Network’s future.

1. Tens of Millions of Pioneers: The Power of a Vast Community

The project claims to have a massive user community (Pioneers) numbering over tens of millions worldwide. This ‘network effect’ is one of the most important assets for increasing the value of a currency or service. On the other hand, there are reports that the actual number of users who have completed Know Your Customer (KYC) verification and migrated to the mainnet is more limited than the total user count publicly stated.

2. Full-Scale Launch of DApps and Nodes: Birth of a Unique Economic Ecosystem

The transition to an Open Mainnet signifies the full-scale operation of DApps (Decentralized Applications) and Nodes (computers supporting the network). This means the ‘foundation’ for various independent services—such as games, finance, and social media—to emerge on the Pi Network will be complete.

3. Integration with the Real Estate Sector: Ambition for Expanded Real-World Use

Particularly noteworthy is the plan for integration with the real estate sector. The concept of enabling real estate transactions using Pi Coin is highly ambitious, but if realized, it would significantly boost Pi’s practical utility.

4. Preparation for Listing on Major Exchanges: Towards Establishing Market Value

What many Pioneers eagerly await is the listing of Pi Coin on major cryptocurrency exchanges. If listed, Pi Coin would gain its first public market value, making it tradable by a wider audience.

5. Strengthening Global Community Cohesion

The project repeatedly emphasizes that the strength of a robust global community is essential for the success of these major transformations.

Objective Perspective: Pi Network’s Current Status and Future Outlook

While strong anticipation surrounds the project, it’s also crucial to calmly assess its current status. Pi Network has been under development for many years, with the community closely watching its progress.

According to information officially provided by Pi Network, the transition to an Open Mainnet requires clearing multiple conditions:

  1. Completion of technical, product, business, and legal preparations
  2. Achievement of network KYC (Know Your Customer), mainnet migration, and utility goals
  3. Stability of the external environment

While ambitious plans are presented, their realization hinges on meeting these stringent conditions.

Conclusion: Will Pi Network Be the ‘Next Crypto Revolution’?

The recent announcement by the founder suggests that Pi Network stands at a critical juncture for the project. There’s a strong possibility that ‘Pi Day,’ June 28, 2025, could become a historic day.

However, its true value depends on how concretely and steadily the announced plans are executed. The term ‘revolution’ only becomes a reality when accompanied by results.

To assess Pi Network’s future potential, it’s crucial to continuously pay attention to primary information officially released in the future, without being swayed by temporary hype. Furthermore, calmly examining what that information means from multiple perspectives and establishing your own criteria for judgment will be the most important stance when engaging with the future of the cryptocurrency world.