In March 2025, the Pi Network user community faced a surprising situation. A phenomenon occurred where the “Pink Pi” (transferable balance to the mainnet) owned by many users suddenly disappeared and then reappeared. This article explains in detail what happened, the meaning of Pi Network’s color-coding system, and future prospects.
What Happened on Pi Network?
On March 14, 2025 (Pi Day), many Pi Network users reported a phenomenon regarding the color change of Pi within their accounts. The tokens that had previously been displayed as “Pink Pi” suddenly changed to “Yellow Pi” (unverified balance) or completely disappeared. This sudden change caused confusion and concern within the community.
The administrator’s Pink Pi also moved to Yellow.
Since Pi Day, some users have reported that their “Pink Pi” has reappeared. Even more surprisingly, some users have reported that more Pink Pi was returned than before the disappearance.
“The recovery of Pi reported by many users has helped rebuild confidence in the project.”
Understanding the Pi Network Color-Coding System
It is reported that Pi Network distinguishes the state of tokens by color. This color coding is important for users to understand their asset status.
- Purple Pi (Transferred to Mainnet): Pi earned by users through daily check-ins. These have completed KYC, met the mainnet requirements, and have been migrated to the wallet. They are in a tradable state.
- Pink Pi (Transferable Balance to Mainnet): Pi from referral circles, which has completed KYC and is waiting to be migrated to the wallet.
- Yellow Pi (Unverified Balance): Bonus Pi from members who used a referral code or from mining circles. Once all these members complete KYC, it will turn into Pink Pi and enter the waiting list for wallet migration.
Significance of March 14 (Pi Day)
March 14, 2025, was an important milestone for Pi Network. This day was notable for the following reasons:
- Final deadline for the KYC (Know Your Customer) grace period
- Start date of the commercial event called PiFest (March 14-21)
- Transition period to a new development phase for Pi Network
According to the announcement by the Pi Core Team, the KYC grace period ended at 8 AM UTC on March 14, and users who had not completed KYC were at risk of losing a significant portion of their Pi. This deadline setting is believed to be related to the temporary disappearance of Pink Pi.
PiFest and Future Developments
PiFest, which started on March 14, is an event focused on the commercial utilization of Pi Network. This event continues until March 21 and aims to showcase practical applications of Pi around the world.
The Pi Core Team suggests that Pi Network, which has been building its infrastructure and ecosystem for approximately 6 years, is finally entering the practical phase. This means that Pi Network is evolving from a testing phase into a cryptocurrency with real value.
Uniqueness and Features of Pi Network
A characteristic of Pi Network is its efficient mining process using smartphones, unlike traditional cryptocurrencies. This platform features an efficient mining process utilizing smartphones.
Pi Network’s mining is said to have the following characteristics:
- Achieves efficient mining while minimizing smartphone battery consumption
- Adjusts mining efficiency based on user activity patterns
- Optimizes rewards based on security circles and mining frequency
Transition to Open Mainnet
Pi Network officially launched its Open Mainnet on February 20, 2025, at 8 AM (UTC). Previously, Pi Network operated within a closed ecosystem, and users could not move Pi tokens to external wallets or exchanges. However, with the launch of the Open Mainnet, integration with the outside world and real-world usage became possible.
Furthermore, there was an announcement in January 2025 that the “Grace Period” was extended until February 28, but ultimately the deadline for KYC and mainnet migration was set for March 14.
Impact and Outlook for Pi Network
The reappearance of Pink Pi is a positive event that restores confidence in Pi Network’s transparency and stability. Many users are looking forward to future developments now that the Pi Core Team has resolved this issue.
Pi Network’s long-term goals include improving scalability, strengthening security, and expanding the ecosystem. These efforts will form the foundation for Pi Network to continue growing and support more users.
Summary
The disappearance and reappearance of Pink Pi on Pi Network are considered to have been temporary confusion during the project’s transition to the actual operational phase. This period, coinciding with the final KYC deadline and the start of a commercial event, became a significant turning point for Pi Network.
Currently, Pi Network continues to grow with an approach different from traditional cryptocurrencies, as a pioneer in mobile mining. Its high accessibility from smartphones and efficient mining process are Pi Network’s strengths.
Let’s continue to pay attention to the developments of Pi Network, especially the progress after the end of PiFest on March 21, price trends, and the announcement of new features and services.