The cryptocurrency market is evolving daily, and among them, the Pi Network is attracting attention. In particular, the launch of the Open Mainnet, scheduled for the first quarter of 2025, will be a significant milestone in the history of the Pi Network. This blog will explain the latest information about the Pi Network and its potential in an easy-to-understand way for beginners.

What is Open Mainnet?

Open Mainnet refers to a state where the blockchain is fully operational and actual transactions can take place. This will allow Pi Coin to be traded on external exchanges for the first time and used in real economic activities.

Currently, the Pi Network is in the “Closed Mainnet” phase, where external connections are restricted. However, the transition to Open Mainnet will lift this restriction, allowing users to freely use Pi Coin for transactions and payments.

Why is Open Mainnet Important?

• Transaction Liberalization: It will be possible to purchase goods and services using Pi Coin.
• dApp Deployment: Decentralized applications (dApps) will operate on the Pi Network, expanding new use cases.
• Increased Value and Utility: The demand for Pi Coin is expected to increase, potentially raising its value.

Current Progress

As of February 2025, the number of users who have completed the KYC (Know Your Customer) process on the Pi Network has exceeded 10 million. This achievement indicates that preparations for the transition to Open Mainnet are progressing smoothly. The Pi Core Team is also working to help even more users complete KYC and migrate to the Mainnet.

The final deadline for the transition to Open Mainnet is set for February 28, 2025, after which users who have not completed KYC may lose access to their Pi Coins. Therefore, it is recommended that those who have not yet completed KYC proceed with the process as soon as possible.

Expected Launch Date

Currently, many users are anticipating March 14, 2025 (“Pi Day”), as the Open Mainnet launch date. This day also holds symbolic meaning and will be a memorable day for many users.

For Beginners: Preparations You Can Make Now

Please take the following steps to prepare for the Open Mainnet:

• Complete the KYC Process: Complete the identity verification process within the Pi app.
• Wallet Setup: Download the Pi Wallet and store your backup in a safe place.
• Continue Mining: Launch the app daily and continue mining to earn more Pi Coins.

Summary

The transition of the Pi Network to Open Mainnet is a crucial step that opens the door to a new era of cryptocurrency. This will enable users to utilize Pi Coin in real economic activities, potentially significantly increasing its value. Even if you are not yet prepared, take this opportunity to proceed with necessary procedures such as KYC and wallet setup.

Take a step towards the future starting today!