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Pi Network: An Expert Analysis of its Current Status, Open Mainnet Migration, and True Value

Introduction: The “Hype” Versus “Reality” Surrounding Pi Network

The “Pi Network” has garnered significant attention for allowing users to obtain cryptocurrency with just a smartphone, forming a massive global community. As 2025 unfolds, its trajectory is entering a new phase.

On social media, seemingly miraculous success stories are circulating, such as an Indian farmer buying a smartwatch for his son with saved Pi, or someone acquiring a laptop using Pi. These tales have steadily amplified expectations for the project. Are these truly indicators that Pi Network has finally triggered a “digital revolution” with real-world value?

This article aims to explore what lies behind such fervent expectations, analyzing objective facts based on reliable sources without being swayed by mere rumors or speculation. Our goal is to provide a clear compass for accurately understanding Pi Network’s “now” and envisioning its future.

What Exactly is Pi Network?

To understand Pi Network’s current status, it’s crucial to first grasp its fundamental mechanism and purpose. Here, we will clearly explain its core concepts.

Concept: A Project Aiming for “Cryptocurrency Accessible to Everyone”

Pi Network was launched in 2019 by a team holding PhDs from Stanford University. Its primary vision is to create a decentralized digital currency that anyone in the world can easily participate in with just a smartphone, without requiring specialized knowledge or expensive equipment, unlike Bitcoin.

Mobile Mining Mechanism and Two Network Phases

When you hear “mobile mining,” you might imagine complex calculations that drain your battery. However, Pi Network’s mechanism is different. Unlike Bitcoin’s “Proof of Work” (proof by computation), it employs a unique algorithm based on trust relationships among users (rooted in the Stellar Consensus Protocol). This allows users to contribute to maintaining network security with simple actions, such as tapping a button on the app once a day, and receive Pi as a reward.

The project has progressed through two major phases:

  • Enclosed Mainnet: A “walled garden” network where Pi transactions are restricted to Pi Network’s applications and services. There is no connection to the external world.
  • Open Mainnet: The phase where the “walls” are removed, allowing Pi to connect with external blockchains and exchanges. This enables Pi to be exchanged for other cryptocurrencies or fiat currencies.

Fact Check: The Truth Behind the “Historic Update” in 2025

As 2025 began, Pi Network reached a significant milestone. Let’s examine the claims of a “historic update” circulating within the community, comparing them against objective facts based on official announcements and reliable sources.

Claim ①: Has the Open Mainnet Finally Launched? → Fact: Migration Has Begun, but Challenges Remain

Multiple sources report that Pi Network began its migration to the Open Mainnet around February 20, 2025. This marks the project’s most significant development, signifying that the technical gateway for Pi to break free from its enclosed ecosystem and connect with the external economy has opened. Consequently, Pi trading has commenced on some exchanges.

Claim ②: Is KYC 100% Complete? → Fact: Target Surpassed, but Not All Users Are Verified

KYC (Know Your Customer) is a crucial process for eliminating fraudulent accounts and maintaining network integrity. According to official information, over 18 million users have completed KYC, surpassing the initial target of 15 million. However, this does not mean all users have completed it; many are still awaiting the completion of their KYC process. Issues such as authentication delays and difficulties in completing the procedure remain significant challenges for the community.

Claim ③: Can Real-World Goods Be Purchased with Pi? → Fact: Primarily Limited to P2P Transactions

The claim that “you can buy things with Pi” is not entirely false. However, it’s essential to understand the true situation. Currently, there isn’t an official, large-scale marketplace like Amazon.

Transactions are primarily conducted in the following ways:

  • User-Initiated Marketplaces: Users buy and sell goods or services with Pi on applications developed within the Pi Network ecosystem, such as “PiChain Mall” and “Barter Mall.”
  • P2P (Peer-to-Peer) Transactions: Direct transactions between individuals or at a limited number of local stores that are experimentally implementing Pi payments.

Therefore, it’s an objective assessment to recognize that the project has not yet reached the stage where “anything can be freely purchased,” and transactions remain limited.

Item Official Status (As of June 2025) Community Expectations/Rumors
Open Mainnet Reported migration began around February 2025. Trading possible on some exchanges. Strong expectations of a “historic update” and “start of a revolution.”
KYC (Identity Verification) Over 18 million completed, meeting the target, but not all users are verified; many challenges remain. Increasing reports of completion, but also complaints from unverified users.
Physical Stores/Product Payments No official large-scale marketplace. Primarily user-to-user (P2P) transactions or usage in unofficial malls. Success stories like “buying a car with Pi” or “purchasing daily necessities” seen on social media.

Where Does Pi Network’s “Value” Originate?

What many people most want to know is, “Does Pi truly hold value?” We will delve into the mechanisms by which cryptocurrency value is formed and the ecosystem Pi Network aims to build.

The value of a cryptocurrency is not solely determined by price fluctuations. Its intrinsic value emerges from how “practical” its technology is and how widely it is “utilized” by people and services.

The source of Pi Network’s value can primarily be summarized by the following three elements:

  1. Realization of Open Mainnet Migration: This enabled Pi to connect with external economies for the first time, making it exchangeable with other cryptocurrencies or fiat currencies. This was an absolute prerequisite for Pi to transition from a “closed point system” to an “asset.”
  2. Utility and Ecosystem Development: The key to increasing value will be how many online stores accepting Pi payments and useful applications (DApps) built on Pi emerge in the future. Value is only created when there are attractive use cases that make people think, “I want to do this with Pi.”
  3. Massive Community and Network Effect: The existing active user base of tens of millions is Pi Network’s greatest strength. This immense user base can act as a powerful driving force, attracting new service developers and expanding the ecosystem.

Conclusion: Pi Network’s Future Outlook and Our Recommended Stance

Based on the analysis above, we will conclude on Pi Network’s current status and future.

Undeniably, Pi Network has taken a significant step by migrating to the Open Mainnet in 2025, entering a new stage of its grand social experiment. However, it has not yet reached the stage of a “completed digital revolution where anyone can buy anything,” as often circulated in background information. The project is still under development and faces numerous challenges.

Its future prospects depend on the following points:

  • Improved liquidity and trustworthiness through expanded listings on major cryptocurrency exchanges.
  • Expansion of practical applications and partner services that users genuinely want to use.
  • Smooth resolution of the remaining users’ KYC issues and the ability to encourage overall community participation.

The wisest stance for those interested in this project is to calmly follow official information without being misled by hype or rumors. We strongly recommend checking the latest updates on the official Pi Network app or blog. Engaging with primary sources and monitoring the project’s progress with your own judgment will be the most crucial approach to discerning its future value.

[In-depth Explanation] What is Pi Network’s “.pi Domain”? A Clear Explanation of its Potential as a New Asset in the Web3 Era

“Pi Network,” which has garnered global attention for allowing smartphone mining, has announced a new feature called “.pi domain.” This feature holds the potential to significantly impact the future of the ecosystem and has caused great excitement within the community.

When you hear “domain,” you might think of website addresses like “example.com,” but the .pi domain signifies much more. It could become your new “digital identity” in Web3 (Web3), which will form the foundation of the coming digital society.

In this article, we will explain the following topics in a way that allows even those without specialized prior knowledge to understand deeply and accurately:

  • Why are “Web3 domains” currently attracting global attention?
  • What is the true value of the “.pi domain” announced by Pi Network?
  • How will owning it change our digital lives?

Why Are Web3 Domains Gaining Attention Now?

To understand the innovation of the Pi domain, let’s first look at the larger trend of “Web3 domains” that underpins it. By understanding why this is important for the modern internet, the true value of the Pi domain becomes clear.

The domains we commonly use, such as “example.com” or “example.jp,” are managed by a system called DNS (Domain Name System). While highly convenient, this is a “centralized” system managed by specific companies or organizations.

In contrast, Web3 domains are characterized by their ability to allow individuals to directly manage domain ownership using blockchain technology (a decentralized, tamper-proof digital ledger monitored by everyone). A prime example of this is “ENS (Ethereum Name Service)” on the Ethereum blockchain.

With the advent of ENS, users can now use human-readable names like “yourname.eth” instead of long, complex wallet addresses starting with “0x…”. This not only added convenience but also created a new digital asset market where domains themselves become personal assets (NFTs) that anyone can freely buy and sell.

The Core of Pi Network’s “Pi Domains”

Now, let’s delve into the main topic: Pi Network’s “Pi Domains.” How does this work, and what changes will it bring to us, the Pi users?

Officially announced on “Pi Day,” March 14, 2025, the purpose of this new feature is very simple yet powerful: just as ENS achieved on Ethereum, it aims to replace Pi Network’s long and complex wallet addresses with human-memorable and user-friendly names like “yourname.pi.”

This is expected to dramatically smooth and secure various activities within the Pi Network ecosystem (economic sphere), such as sending and receiving Pi coins, and using the many services that will emerge in the future.

How the .pi Domain Works and the Benefits We Gain

How exactly do .pi domains function, and what advantages do we gain by owning them? Here, we will explain their mechanism and specific benefits across three key points.

Mechanism: “Your Property” Guaranteed by Blockchain

The .pi domain functions as a type of NFT (Non-Fungible Token) managed on the Pi blockchain. This ensures that once acquired, ownership of the domain is strongly protected by the blockchain, making it “your asset” that cannot be taken away by anyone. The acquisition method employs an auction (bidding) system using Pi coins, where the highest bidder secures the domain.

Benefit 1: Convenience – Error-Free, Easy Transactions

The biggest advantage is the overwhelming improvement in convenience. Previously, one of the most careful tasks in cryptocurrency transfers was accurately copying and pasting long, complex wallet addresses. However, with a .pi domain, you can simply type “friend.pi” when sending Pi to a friend, dramatically reducing the risk of erroneous transfers.

Benefit 2: Identity – Your “Signboard” in the Pi World

The .pi domain will serve as a unified “digital identity” to identify you in various dApps (decentralized applications) and online stores that will be developed within the Pi ecosystem. This can act as your “signboard” or “business card” in the Pi world, similar to a brand name for a business or a personal nickname.

Benefit 3: Asset Value – An Investment in the Future

Just as domains like “amazon.eth” and short, memorable words were traded at high prices on ENS, highly sought-after or easily remembered short .pi domains hold the potential to become valuable assets in the future. Acquiring a desirable domain early can be seen as an investment betting on the growth of the Pi Network.

Community Reaction and Future Outlook

The advent of new technology always brings vitality and discussion to the community. As seen by the buzz in the Indonesian community regarding a prominent account named “Wira PI” reportedly acquiring a domain after the .pi domain announcement (according to source information), users worldwide are showing very high interest in .pi domains.

Such community reactions are evidence that many users perceive “value” and “potential” in the .pi domain that goes beyond mere convenience. In fact, according to official announcements, hundreds of thousands of bids have already been placed, indicating the community’s enthusiasm.

Moving forward, as the Pi ecosystem transitions to the open mainnet and expands further, it is expected that this domain will be used in an even wider variety of applications than we can imagine, including payments, dApp logins, and website publishing.

Summary: Will Pi Domain Be an Accessible Gateway to Web3?

Let’s review the key points of this article:

  • The .pi domain is a significant step towards resolving Web3 complexity and making blockchain technology more accessible.
  • It is not just an alias for an address; it is your “digital identity” within the Pi ecosystem itself.
  • Owning it offers three major benefits: “increased convenience,” “establishment of identity,” and “potential for asset value.”

Of course, the ultimate success of the Pi Network project is not yet guaranteed. However, the .pi domain initiative, spearheaded by this massive project with tens of millions of users worldwide, holds significant potential to become the most accessible gateway for many people to genuinely experience the Web3 world for the first time.

For those interested in the trends of this new digital asset, it is recommended to regularly check the latest information from Pi Network’s official app and website, while being cautious of fraudulent information.

Is Pi Network’s ‘$314,159 per Pi’ (GCV) Claim Real? A Deep Dive into Market Reality and Future Prospects

Pi Network has built a massive global community due to the ease with which users can ‘mine’ via their smartphones. Within this community, a grand vision is now being passionately debated: the astonishing value target of ‘$314,159 per Pi’, commonly known as ‘GCV’.

Is this number truly a feasible future, or is it merely a fantasy born of hope? This article delves into the core of the GCV debate surrounding Pi Network, objectively unraveling its value and future from the perspective of data and market realities.

What exactly are Pi Network and GCV (Global Consensus Value)?

In this section, we will explain the basic concepts of Pi Network and GCV, which are the prerequisites for this discussion. Let’s understand the background that gives rise to such debates.

The Basic Concept of ‘Pi Network’ – Mining with a Smartphone

Pi Network is a cryptocurrency project initiated by a team holding PhDs from Stanford University. Its biggest feature is that anyone can easily participate in ‘mining’ through a smartphone app, without requiring expensive specialized equipment or significant electricity. This accessibility has been the driving force behind building a user base of tens of millions worldwide.

However, it is crucial to note that Pi Network is currently in a ‘closed mainnet’ phase. This means that free trading on external, general cryptocurrency exchanges is not permitted; usage is only allowed within Pi’s enclosed blockchain ecosystem.

‘1 Pi = $314,159’ – The Origin of GCV and Community Enthusiasm

GCV (Global Consensus Value), as its name suggests, refers to a ‘global consensus value’ and is an unofficial target price advocated by a part of the Pi Network community. Specifically, a value of $314,159 per Pi Coin has been set.

This seemingly outlandish number comes from the mathematical constant ‘Pi (π ≈ 3.14159…)’, which is also the origin of the project’s name. In other words, GCV is not based on economic analysis but rather is a ‘catchphrase’ born from the community’s passion for the project’s success and serving as its symbol.

Why are Experts Skeptical of GCV? – 3 Perspectives from Market Reality

While community enthusiasm is commendable, many economic and market experts view the feasibility of GCV with skepticism. In this section, we will analyze the specific reasons from three perspectives.

Perspective 1: The Market Cap Hurdle – An ‘Impossible’ Figure Exceeding Global GDP

One indicator used to measure the value of a cryptocurrency is ‘market capitalization’, calculated as ‘currency price × circulating supply’. Pi Network’s maximum supply is stated as 100 billion Pi. Let’s assume GCV were to be realized and calculate the market capitalization:

$314,159 (GCV Price) × 100,000,000,000 (Max Supply) = Approx. $31.4 Trillion

To grasp just how enormous $31.4 trillion (over 30 quadrillion dollars) is, a comparison with other economic indicators makes it clear:

  • Total Global Annual GDP (2025 forecast): Approx. $113 Trillion
  • Total Cryptocurrency Market Cap (as of May 2025): Approx. $2.7 Trillion to $3.1 Trillion

This means that Pi Network alone would account for roughly 1/4 of the wealth generated globally and would be more than 10 times the size of the entire current cryptocurrency market. This is an extremely unlikely scenario from an economic reality standpoint.

Perspective 2: ‘IOU Trading’ Shows a Sober Market Valuation

Some might say, “But I’ve seen Pi being traded on some exchanges.” However, these are not actual Pi Coins but rather what are called ‘IOUs (I Owe You)’.

An IOU is like a promissory note: “We will deliver real Pi Coins when the open mainnet is launched in the future.” The current IOU prices on several exchanges are trading at less than $1, a stark contrast to the $314,159 dreamed of by the community. This can be considered a more sober valuation placed on Pi by current market participants.

Perspective 3: Discrepancy with Pi Core Team’s Official Stance

Most importantly, GCV is merely a goal put forth by a segment of the community, and it has not been set by the Pi Network’s developers, the Core Team. The Core Team has consistently stated that “the value of Pi will be determined by market supply and demand once it transitions to the open mainnet.” There is a clear divergence between the project’s official policy and the enthusiasm of a portion of its community.

Where Does Value Originate? – Thinking Through a Comparison with Bitcoin

This section explores how value in digital assets is created by comparing Pi Network with Bitcoin, which is already recognized in the market.

Bitcoin: Over a Decade of History and Proven Track Record

As the world’s first cryptocurrency, Bitcoin has overcome many technical and social challenges over more than a decade of history. Its transparent decentralized mechanism and the reliability that it cannot be tampered with have gradually built its foundation of value.

Trust and Utility Create Value

Ultimately, for any asset, its value stems from ‘trust’ and ‘utility’. Stable value is only formed when many people believe in its worth and it has concrete uses, such as for payment of goods and services. For Pi Network to have value in the future, the key will be not just the size of its community, but whether it can build reliable technology and an appealing ecosystem of services that people want to use.

Conclusion: The True Value of Pi Network Lies in the ‘Experiment’ Itself

Summarizing the analysis so far, it must be said that the possibility of ‘1 Pi = $314,159’ (GCV) being realized in the near future is, objectively speaking, extremely low.

However, concluding that Pi Network is worthless would be premature. The existence of this massive community, with tens of millions of participants, is an unprecedented social experiment, and its energy is immeasurable. GCV can be seen as a ‘dream’ symbolizing that energy.

The true value of Pi Network lies not in the magnitude of a number, but in what kind of practical ecosystem it can build and what convenience it can bring to the lives of people worldwide. The outcome of that challenge is the true source of value we should be observing.

For Further Learning

If you’ve deepened your understanding of Pi Network’s current status and challenges after reading this article, we recommend accessing primary sources. By reading the whitepaper published on their official website and following official announcements, you can gain a deeper and more accurate understanding of the project’s developments. It is always important to verify multiple sources and form your own judgment.

In-Depth Analysis: When Will Pi Network’s Open Mainnet Launch? Decoding 2025 Plans and Current Status from Official Sources

Pi Network has garnered global attention for the ease with which users can mine cryptocurrencies on their smartphones. Especially as 2025 approaches, expectations for the “Open Mainnet to finally launch” are building both within and outside the community. However, it’s also true that various pieces of information, including specific dates, are circulating and often contradictory. This article aims to set aside fervent rumors and expectations, and objectively and logically unravel Pi Network’s “present” and “future” based on officially released information.

What is Pi Network in the First Place? Basics of the Cryptocurrency Project You Can Join with Your Smartphone

First, let’s reconfirm the basic concept and purpose of Pi Network: what kind of project it is and why it attracts so many people.

Pi Network is a cryptocurrency project launched in 2019 by Stanford University PhDs Nicolas Kokkalis and Chengdiao Fan, among others. Its biggest vision is to create “a global cryptocurrency accessible to everyone.”

To realize this vision, Pi Network possesses the following features:

  • Smartphone Mining: Unlike Bitcoin, which requires high-performance computers and large amounts of electricity, you can participate by simply tapping a button once a day on a smartphone app.
  • Environmental Consideration: It adopts a unique consensus algorithm (based on the Stellar Consensus Protocol) that consumes less energy, and is thus considered to have a very small environmental footprint.
  • Current Phase: “Enclosed Mainnet”: It is currently in a phase called the “Enclosed Mainnet.” This is a state where Pi’s blockchain is isolated from external exchanges and other blockchains, like a “walled garden.” During this period, user identity verification (KYC) is advanced, and an ecosystem of apps (dApps) that use Pi is being fostered.

Fact-Checking the Core Rumor: The “2025 Launch Theory”

Recently, specific information, particularly on overseas social media and video content, claiming that the “Open Mainnet will launch on June 28, 2025,” has become a hot topic. While this would be big news if true, let’s calmly verify its credibility against official statements.

To be clear, no specific date, such as “June 28, 2025,” has been announced by the Pi Network core team at this time.

These pieces of information are likely to have spread due to the expectations and predictions of some influencers and community members. No such definitive announcement has been confirmed from the social media accounts of co-founder Chengdiao Fan.

Furthermore, while a figure of “300 million users” is sometimes mentioned, this is also likely an exaggeration. According to official Pi Network information, over 19 million users have completed KYC (Know Your Customer), which undoubtedly represents a huge community, but it is always important for us to base our judgments on accurate numbers.

The Key to Success: Three Essential Conditions for Open Mainnet Migration as Stated by Pi Network

So, what is the path to the Open Mainnet officially indicated by Pi Network? There are three crucial conditions that must be met for the healthy growth of the project. Only when these are cleared can Pi step out of its “walled garden” into the outside world.

  1. Condition 1: Ecosystem Readiness
    This refers to the readiness of the internal network. Specifically, this includes:

    • KYC and Mainnet Migration: 15 million users have completed KYC, and 10 million of them have migrated their Pi to the Mainnet wallet. (This goal has reportedly already been achieved)
    • Utility: Over 100 applications (dApps) that can actually be used or enjoyed with Pi are ready to operate on the Mainnet.
  2. Condition 2: Technical Readiness and Maturity
    This concerns whether the network’s technical foundation is mature enough to withstand an open environment. This includes network stability, the ability to process many transactions quickly (scalability), and sufficient security against external attacks.
  3. Condition 3: Favorable External Environment
    Not only issues within Pi Network itself, but also the global situation surrounding the project are important. For example, the absence of a global financial crisis or war, and the clarity of cryptocurrency regulations, are factors considered.

From these conditions, it can be inferred that the Pi Network team is prioritizing the construction of a sustainable and valuable ecosystem, rather than simply rushing a launch.

Pi Network Ecosystem Outlook: dApps, Nodes, and Community

What kind of world will unfold beyond the Open Mainnet? Let’s look at the overall vision of the ecosystem Pi Network aims for and its potential.

    • dApps (Decentralized Applications): These are the heart of the Pi economy. After the Open Mainnet, developers will be able to build various applications on the Pi blockchain. For example, marketplaces where goods can be bought and sold with Pi, games, and social media could be envisioned, creating “use cases” for Pi.

Nodes: Nodes are a mechanism where volunteer computers worldwide verify and support the network’s transaction records. By maintaining the network through many nodes rather than centralized corporate management, Pi Network’s decentralization and security are preserved.

  • Community Power: A massive and active user community numbering in the tens of millions is the greatest asset of this project. This community’s use of dApps and engagement in economic activities will invigorate the entire Pi ecosystem.

Conclusion: How Should We Approach the Future of Pi Network?

Based on the information gathered so far, how should we, as users, approach this ambitious project called Pi Network?

The most important thing is to calmly observe the progress of the “three conditions” outlined by the official team, rather than being swayed by uncertain date rumors. Pi Network is not a speculative project designed to make you rich overnight; rather, it is an ambitious social experiment in the process of building a new economic zone with a long-term vision.

Its success is not yet guaranteed. However, its innovative vision and the potential held by its massive, global community are unique attractions that many other projects lack.

To truly assess the project’s future value, always make an effort to obtain the latest and most accurate information from official announcements within the Pi Network app, its official website, or official social media accounts. Observing this project’s future based on objective information, rather than being carried away by enthusiasm, will be the wisest approach.

Pi Network’s True Current State: Exploring Future Potential and Challenges Through Believers’ Voices and Objective Data

With its groundbreaking concept of easy smartphone mining, the cryptocurrency “Pi Network” has amassed tens of millions of users worldwide. However, doubts and criticisms persist, such as “When will it gain value?” or “Is the project truly progressing?” This article delves into the real current state of this project, which is swirling with enthusiastic support and harsh criticism, using the voice of a believer as a starting point, thoroughly dissecting it from objective data and multiple perspectives. No specialized prior knowledge is required. By the time you finish reading, you will have a solid compass to judge the true nature of Pi Network for yourself.

Confessions of a ‘Believer’: Significant Losses, Yet Still Believing

To understand the curious appeal and fervor of the Pi Network, let’s look at the words of a passionate South Korean supporter. He describes himself as ‘crazy about Pi Coin (또라이)’ yet analyzes the project with surprising calm.

He confesses to having lost a large sum, approximately 40 million Korean Won (equivalent to about 4.5 million JPY at current rates), in past Pi Network-related transactions. However, it’s crucial to note that this loss was not from selling Pi he mined on his smartphone. This was a failure in a high-risk market trading the “future value” of Pi, which officially has no value yet. Under normal circumstances, one might resent the project, but he continues to share information about Pi Network daily. Why? Perhaps because he sees the potential for a “grand social experiment” in this project, something beyond a mere speculative asset. This episode symbolizes the complex psychology that draws many people to Pi.

Pi Network’s ‘Now’ as Seen Through Objective Data

Let’s set aside emotional arguments for a moment and calmly analyze Pi Network’s current position based on publicly available data and facts.

The True Nature of ‘Price’ in the Market: What is IOU?

You might have seen Pi seemingly listed with a price on some crypto information sites or exchanges. However, as of June 2025, Pi Network is not listed on any major exchanges, and there is no official price.

So, what is the displayed price? It is primarily what is called an “IOU (I Owe You).” This is:

  • a promise being traded: “If Pi truly gets listed in the future, we will hand over the actual Pi coins at that time.”
  • In other words, it is a type of rights trading betting on the project’s future, and its price fluctuates significantly based on market expectations and speculation.
  • You must understand that if the project fails, its value will become zero, making it a very high-risk asset.

Current IOU prices are traded at around 85 to 90 JPY per Pi on some exchanges, but it is crucial to strongly recognize that this is by no means the confirmed value of Pi.

The Major Hurdles of KYC and Migration Progress

For Pi Network to become a ‘real cryptocurrency,’ it must go through the unavoidable processes of ‘KYC’ and ‘Migration.’

  • KYC (Know Your Customer): This is the ‘identity verification’ procedure. It is essential to prevent one person from fraudulently mining coins with multiple accounts and to maintain the network’s integrity.
  • Migration: This is the process of moving Pi mined on the test network to the official network (mainnet), where it has the potential to hold actual asset value.

According to official information and reports, over 18 million people have completed KYC, but some sources suggest that less than half of those users have completed migration. As the process targets tens of millions of users, it is taking a long time, and many users are currently eagerly awaiting their turn.

Why the Criticism? Three Major Hurdles Pi Faces

While there is significant anticipation, Pi Network also faces harsh criticism. Here, we will organize the main challenges the project must overcome from three perspectives.

1. Stalled Development and Opaque Roadmap

One of the users’ biggest frustrations is the delay in development. The launch of the “open mainnet,” which would allow free transactions for anyone, has been repeatedly postponed from its initial schedule. Furthermore, the official roadmap (development plan) often lacks specific completion dates, increasing dissatisfaction and anxiety about “when it will finally materialize.”

2. A ‘Pie in the Sky’? Lack of Practical Utility

For a cryptocurrency to hold value, practical utility – “what it can be used for” – is essential. However, Pi Network faces a significant challenge in this regard. The promised DApps (decentralized applications) ecosystem development is not progressing as expected, and places where Pi can be used to purchase goods or services are currently limited to a very small part of the community. There are harsh criticisms that as long as this “useless” state continues, it will be difficult for Pi to attain true value.

3. Dissatisfaction with Lack of Communication from the Core Team

The lack of communication between the ‘core team’ leading the project and the user community is also a concern. Many users feel that when KYC delays or technical issues arise, there is often little clear explanation or swift response from the core team. Such an attitude contributes to increased distrust in the project.

Why Hope Persists: Pi’s Uniqueness Compared to Bitcoin

Despite facing so many challenges, why do tens of millions of people not give up hope? The answer lies in Pi Network’s unique philosophy and fundamental differences from Bitcoin.

  1. Differences in Philosophy and Design
    Bitcoin was created by an anonymous individual named Satoshi Nakamoto, idealizing “decentralization” with no specific administrator. In contrast, Pi is operated by a team led by Dr. Nicolas Kokkalis, who holds a Ph.D. from Stanford University, and the project’s early stages are proceeding under strong centralized management.
  2. Differences in Barriers to Entry
    Bitcoin mining now requires high-performance specialized computers and vast amounts of electricity. In contrast, Pi aimed for thorough democratization of access, allowing “anyone, anywhere, with just a smartphone” to participate. This ease of access is the biggest factor that enabled the formation of a massive user community that no other project has achieved.

Pi Network can be described as a grand experiment aiming to become “the world’s most widely adopted cryptocurrency” through an entirely different approach than the world Bitcoin has created.

Outlook on the Upcoming Important Event: ‘Pi2Day’

Every year on June 28th, a significant date for the community named ‘Pi2Day’ (derived from being twice the value of Pi ≈ 3.14), some announcements related to the project are expected.

The community speculates that the introduction of ‘KYB,’ a corporate identity verification system, or new initiatives to expand the ecosystem might be announced. However, these are currently mere speculations. In recent years, despite the anticipation for events, objective data shows a declining trend in actual interest, so excessive expectations should be avoided. Whatever announcements are made, their content will undoubtedly be a crucial indicator for the project’s future.

Conclusion: How Should We View the Future of Pi Network?

Synthesizing the information presented so far, Pi Network can be summarized as follows:

  • A Grand Social Experiment: It is an unprecedented, high-risk, high-return long-term project advocating the ideal of “currency for everyone.”
  • Piles of Challenges: The hurdles to overcome are high, including KYC and migration delays, an opaque roadmap, and lack of practical utility, so it cannot be viewed optimistically.
    Its Greatest Asset is ‘People’: However, on the other hand, its vast and enthusiastic global community is a unique asset that no other project possesses.

The purpose of this article is not to definitively state whether “Pi will succeed” or “fail.” Rather, it is to present the fact that the key to success lies in “whether it can resolve its numerous challenges and transform its massive community into a practical economic zone,” and to highlight both possibilities.

Use this article as one piece of information, and I encourage you to follow official information with your own eyes. Without being swayed by excessive expectations on social media or unsubstantiated criticisms, calmly assess the project. That intellectual curiosity will undoubtedly be your most reliable strength in discerning the true nature of new technologies to come.

Comprehensive Guide: Ton Station Airdrop Status | $MRSOON Token Value, How to Convert, and Future Prospects?

The Season 2 airdrop (free distribution) for “Ton Station,” a GameFi platform operating on Telegram, has been implemented. However, many participants may be confused by conflicting information, such as “multiple tokens were distributed and it’s unclear,” or “has the token name changed?” In particular, various opinions are circulating regarding the value, conversion methods, and future prospects of the distributed tokens.

This article aims to thoroughly organize and explain the current status of the Ton Station airdrop, based on objective facts and data verifiable through web searches and other sources, without leaning towards any specific opinion. By reading this article, you should gain clear decision-making material on what your next steps should be.

What Happened in Ton Station Season 2?

First, let’s accurately grasp the overview of what occurred in this airdrop. The complexity of the rewards seems to have contributed to a confusing situation for many users.

Season 2 rewards were distributed not only as Ton Station’s core token but also in combination with tokens from multiple partner projects. In fact, some participants reported receiving several different tokens, such as $SIDUS, $SENATE, and $SUPER, in addition to $MRSOON. This is the main reason for the confusion: “I received various tokens, but which one is real?”

Why the Confusion? Deciphering the Mystery of $SOON and $MRSOON Token Names

Many also ask, “Did it used to be called $SOON, and now it’s $MRSOON?” Understanding this background is key to grasping the current situation.

In conclusion, “$MRSOON” is currently treated as the official ticker symbol (abbreviation for currency unit) of Ton Station on CoinMarketCap, major exchanges, and other platforms. Historically, the name $SOON was used in past documents and some communities, and that information is still mixed in, making confusion more likely.

Therefore, when following information or checking your wallet in the future, it is accurate to consider “$MRSOON” as the standard name.

Value and Conversion Method of Distributed $MRSOON Tokens

Whether the tokens you received have value and how you can convert them into fiat currency, such as Japanese Yen, are likely your biggest concerns. While some information suggests “they have no value” or “they are not listed on any exchange,” this is not accurate.

Current Value

The price of $MRSOON is constantly fluctuating. You can check the latest price on reliable price tracking sites like CoinMarketCap and CoinGecko.

  • Check $MRSOON price on CoinMarketCap
  • Check $MRSOON price on CoinGecko

Exchanges Where Conversion (Swap) is Possible

$MRSOON is already listed on multiple overseas cryptocurrency exchanges and can be traded. It is mainly available on the following exchanges:

  • MEXC
  • Gate.io
  • CoinEx

The typical process is to send $MRSOON to one of these exchanges, sell it for USDT (a stablecoin pegged to the US dollar), and then send that USDT to a domestic exchange to convert it into Japanese Yen.

“Should I Sell Immediately?” Diverse Perspectives on $MRSOON’s Future Prospects

In the community, pessimistic opinions are common, such as “the return on investment was low” or “there’s no future, so I should sell it before its value drops.” This aligns with personal views provided as source information.

On the other hand, it is also true that there are differing views. Some cryptocurrency analysts predict that the price of $MRSOON could increase in the future. The project is still in its early stages, and depending on future partnerships and platform updates, a scenario where its value appreciates is conceivable.

In the world of investment, pessimism and optimism always coexist. The important thing is not to blindly accept one opinion but to understand both perspectives and make decisions based on your own risk tolerance.

If your priority is to secure profits, selling at the current price is a valid strategy. Conversely, if you have expectations for the project’s future, holding for the long term is also an option.

Summary: Calm Information Gathering for Your Next Steps

Finally, let’s re-organize the key points regarding the current status of the Ton Station airdrop:

  1. Core token is $MRSOON: Although information is conflicting, the current official ticker is $MRSOON.
  2. Conversion is possible: You can buy and sell it on overseas exchanges like MEXC and Gate.io. Information stating “it cannot be converted” is incorrect.
  3. Future prospects are mixed: Both pessimistic views, urging immediate sale, and optimistic views, anticipating future growth, exist.

Airdrops can sometimes involve complex and confusing information. The important thing is not to be swayed by sensational opinions, but to obtain primary information from reliable sources and make calm judgments. For future developments, we recommend checking the official Ton Station website and official social media channels.

Mystery of 100 Million Pi Coin Mega-Move from OKX! Experts Explain Price Impact and Future Potential

Introduction: A Shockwave Hits the Pi Network Community! Over 100 Million Picoin Suddenly Moved

In recent years, the cryptocurrency project “Pi Network” has attracted significant attention with its unique mining system using smartphones. Now, a major shockwave is hitting its community. It is reported that over 100 million Picoin were withdrawn from the major cryptocurrency exchange OKX in a very short period.

Upon hearing this news, many of you are likely wondering, “What happened?” and expressing anticipation. In this article, aimed at those interested in new technologies and trends, we will delve into the background and significance of this “100 Million Picoin Great Migration,” as well as the current state and future of the Pi Network, in an easy-to-understand yet in-depth manner. If you’re not comfortable with technical jargon, don’t worry. We will explain everything step by step, so please stay with us until the end.

This article is close to the content of the following addendum (adding speculation).

https://pinetwork.masters-all.com/pi-network-genjo-uwasa-shinsou-shoraisei-chuiten/

What Happened? Shocking Details of the “100 Million Picoin Great Migration”

First, let’s organize the information currently available about this “100 Million Picoin Great Migration.” When, where, and how much Picoin was moved? And why is this movement having such an impact on the community and market, to the extent that it cannot be dismissed as just “routine transactions”?

Disappeared from OKX? The Whereabouts of 102.77 Million Picoin

According to reports and community feedback, around mid-May 2025, a massive total of 102,776,657.17 Picoin was moved from OKX’s wallet to external wallets in a short period of just 72 hours. Some of these included huge transactions exceeding 70 million Picoin at once, indicating that this was not a movement at the level of individual investors.

Think about it. The withdrawal of over 100 million coins from a single exchange in a short period is not something that happens frequently in the world of cryptocurrencies. That’s why so many people are paying attention, wondering, “Is something happening?”

Why is the Market in an Uproar? Reasons Why This Isn’t Just a Simple Transfer

You might think, “But isn’t it normal for cryptocurrencies to move between wallets?” That’s true. However, there are several reasons why this case is considered “not normal.”

  • Scale: As mentioned earlier, the amount of 100 million Picoin is extremely large, and its psychological impact on the market cannot be ignored.
  • Timing: This large-scale movement at a time when the Pi Network is activating its mainnet (the actual network where Picoin can be traded) and moving towards practical use is fueling various speculations.
  • Uncertainty of Information Sources: While some social media accounts claiming to be knowledgeable about cryptocurrencies (such as an account named “Mr. Spock”) have disseminated this information, the lack of official announcements or explanations from the Pi Core Team, the main operator of the Pi Network, is also a factor accelerating speculation.

These factors intertwine, causing this large-scale movement to stir up the community with the question of whether it has “some special meaning.”

How Did the Picoin Price React? Real Market Movements

With such a large amount of Picoin moving, the impact on the price is naturally a concern. Picoin is still only traded on a limited number of exchanges, and its price remains unstable, but how did it move in response to this event?

Did the Price Drop? The Latest Picoin Rate of Concern

According to reports, after this large-scale movement became apparent, the price of Picoin temporarily dropped to about 81 cents (in USD). This is nearly half of the recent high of $1.60. Of course, cryptocurrency prices constantly fluctuate due to various factors, and it cannot be definitively concluded that this entire drop was due to the large-scale movement. However, the possibility that it contributed to a deterioration in market sentiment cannot be denied.

You might be wondering, “Where can I usually see the price of Picoin?” You may find information by searching for “Pi Coin” or its ticker symbol (if any) on major price tracking sites like CoinMarketCap or CoinGecko. However, since the Pi Network is not yet officially listed on many exchanges, it’s important to note that the displayed price may not accurately reflect actual trading.

Speculation Abounds! What Are the 3 Scenarios Behind the Large-Scale Movement?

What intentions or purposes could be behind the movement of 100 million Picoin? As there are few official announcements from the Pi Core Team at this time, various speculations are circulating within the community. “Could this be preparation for an amazing project?” “No, maybe someone is trying to sell secretly…” The imagination runs wild. Here, let’s explore the possibilities by unraveling three particularly noteworthy scenarios.

Scenario 1: A Stepping Stone Towards the Upcoming “Utility Phase”?

One of the most positive scenarios is that this is preparation for the full-scale practical use of the Pi Network. For example,

  • Preparation for supplying Picoin to new partner companies or services
  • Ensuring liquidity within the ecosystem that the Pi Network is developing
  • Fund transfers for deeper integration into Web3 (the next generation of decentralized internet)

are possibilities. For Pioneers (Pi Network participants) who have been mining Picoin for many years, this would be a truly awaited development. This scenario gives rise to the hope, “Maybe the day when our Picoin can actually be used is near!”

Scenario 2: Strategic Movement by Large Holders, “Whales”?

In the world of cryptocurrencies, individuals or organizations holding large amounts of coins are called “whales.” It is also pointed out that this large-scale movement could be a strategic fund transfer by such whales. The purposes could include:

  • Storing funds in more secure wallets
  • Preparation for P2P (peer-to-peer) transactions without going through exchanges
  • Or, movements aimed at taking some profits while observing market trends

Whale movements can have a significant impact on the market, so their intentions are always closely watched. If this movement were to lead to future selling pressure, it could be a negative factor for the price.

Scenario 3: Is There a Connection to Past Mysterious Transfers? (Movements in May 2025)

In fact, this is not the first time such a large-scale movement of Picoin has occurred. According to background information, in early May 2025, there was an event where 7 million Picoin were moved through over 19,500 accounts in just one day. This movement continued overnight, and it was rumored to be either by an automated program or some kind of strategic preparation.

The possibility that this 100 million Picoin movement is related to that past movement cannot be denied. “Could this mean that the preparations from that time are finally starting to move in earnest?” Thinking this way, there might be a larger plan hidden behind this event.

“Why No Explanation?” Pi Core Team’s Transparency and Communication Questioned

Not limited to this incident, there have been many voices regarding the operation of the Pi Network project, saying, “We want more information disclosed” and “It’s hard to see what the management is thinking.” Especially given such a large movement of Picoin, the current situation with little clear explanation from the Pi Core Team is causing anxiety and distrust among some users. It’s understandable to think, “How is our Picoin being managed?” In this section, we will consider why “transparency” is so highly valued and what the Pi Network needs to do to gain true trust.

The Community Craves “Official Announcements”

The Pi Network has enthusiastic Pioneers all over the world. They have been mining Picoin and participating in community activities for many years, believing in the project’s success. Therefore, they are demanding prompt and detailed explanations from the Pi Core Team regarding important information about the project, especially matters like this large-scale movement of Picoin or the transfer of funds from Pi’s liquidity reserve wallet (which has also been reported in some instances).

“Who moved the Picoin, for what purpose, and how?” “How does it affect the overall project plan?” Even a brief official announcement addressing these questions would greatly alleviate the community’s anxiety. The suspicion that “something is being hidden…” gradually erodes trust.

“Transparency” as the Foundation of Trust: Learning from Past Examples

In the world of cryptocurrencies, it is no exaggeration to say that a project’s transparency determines its success or failure. In the past, there have been numerous examples of projects that lost trust and eventually declined due to insufficient information disclosure or neglecting communication with the community.

Conversely, projects that sincerely disclose information and continue dialogue with the community, even when facing difficult situations, tend to be supported in the long term. This is because transparency is the foundation of trust. Users can confidently continue to support a project because they believe it is being operated fairly.

How Should the Pi Network Respond to the “Voices of the Pioneers”?

For the Pi Network to stand alongside other major cryptocurrency projects like Ethereum and Solana, strengthening not only technological development but also governance and communication systems is essential. It is now required to have the mindset of “We are not in beta, we are in production,” sincerely listen to the voices of the Pioneers, and provide regular updates and clear information disclosure.

Pioneers are not just users; they are “companions” who have believed in and supported the project. The Pi Core Team’s sincere response to their question, “What’s happening with our coins?” will be the key to illuminating the future of the Pi Network.

The “Now” and “Future” of the Pi Network: What Should We Pay Attention To?

Amidst various information and speculations, what development phase is the Pi Network currently in, and where is it heading? Let’s calmly grasp the “now” of the Pi Network, including the mainnet operation status and the progress of KYC (Know Your Customer), which many Pioneers are eagerly awaiting, and organize the points we should pay attention to in the future. We will clearly answer the question, “What’s the status of the Pi Network now?”

Mainnet is Live! But What About KYC Delays? – Organizing the Current State of Pi Network

First, let’s organize the current state of the Pi Network as follows:

  • Mainnet is Live: The “production environment” where Picoin actually functions on the blockchain is already running. This is a significant step forward.
  • KYC (Know Your Customer) is Underway: The KYC process, essential for preventing fraudulent use and building a healthy ecosystem, is progressing. However, there are reports of delays, with some saying, “It’s taking a long time for my turn” or “It’s taking time for approval after applying.”
  • Mining Has Stopped: The issuance of new Picoin (mining) has basically stopped, and the project is now entering a phase of increasing the value of existing Picoin.
  • Tokens are Active On-Chain: There are starting to be reports of instances where Picoin is actually sent and received between wallets or used in some marketplaces.

Thus, the Pi Network is in a situation where parts of the project are steadily progressing, while other parts still face challenges.

Not Just a Pipe Dream! “Utility” is the Lifeline of Picoin

No matter how innovative the technology or idea, if it cannot be actually “used,” it will not create value. What the Pi Network aims for is not just a cryptocurrency as a speculative asset, but a currency with “utility” that can be actually used in daily life and business scenarios.

Recently, there have been movements where Pioneers are voluntarily buying and selling goods using Picoin, or using it as tips for creators. The accumulation of such grassroots “use cases” is extremely important for proving the value of Picoin and leading the project to success. It is necessary to respond to the question, “Can it really be used?” with concrete examples.

Don’t Miss Important Future Announcements! Tips and Cautions for Information Gathering

The situation of the Pi Network changes daily, and to avoid missing important information, you need to keep your antenna high. The main means of gathering information include:

  • Pi Network’s official website and official social media accounts: These are the most reliable sources of information. Check them regularly.
  • Reliable cryptocurrency news sites: Refer to news reports and analysis articles about the Pi Network.
  • Pi Network community (forums, social media groups, etc.): You can exchange opinions and information with other Pioneers, but be careful about the authenticity of the information.

In particular, make sure to prioritize checking official announcements from the Pi Core Team. Also, when gathering information, it is important not to blindly trust a single source, but to compare and examine multiple sources, and to be cautious about overly optimistic or inflammatory information. Get into the habit of pausing and thinking, “Is this information true?”

Conclusion: What the 100 Million Picoin Great Migration Indicates About the Future of Pi Network – Expectations, Challenges, and What We Can Do

This “100 Million Picoin Great Migration” has the potential to be a major turning point, for better or worse, for the ambitious Pi Network project. Based on the various information discussed in this article, let’s finally consider together how we should view the future of the Pi Network at this point, what we should expect, and what points we should be careful about. The hint to the answer to the question, “What’s the deal with Pi Network now?” might be here.

Current Assessment: Is Pi Network a “Buy” or a “Wait”?

Regarding the future potential of the Pi Network, the honest assessment at this point is that there are great expectations, but also many uncertainties and challenges remain.

Points to be optimistic about include:

  • The existence of a huge global community of Pioneers
  • The mainnet is live, and movements towards practical use are becoming concrete
  • Signs of increasing on-chain activity (transaction activity on the blockchain)

On the other hand, challenges and concerns include:

  • Lack of information disclosure and transparency from the Pi Core Team
  • Delays in the KYC process and user dissatisfaction with it
  • The Picoin price is still unstable, and its practical value has not been established
  • Differentiation from competing cryptocurrency projects

It is important to be wary of sweet talk like “You’ll make big profits immediately!”

Regarding the question, “Is Pi Network a buy or a wait?”, we recommend making a careful decision after thoroughly considering your investment objectives and risk tolerance. At this point, it may be too early to determine the success or failure of the project.

The Importance of Continuing to Learn as a Pioneer, Without Being Swayed by Short-Term Fluctuations

Instead of being swayed by short-term information like the Pi Network price going up or down, it is important to focus on the fundamental aspects of what value the project is trying to create in the long term and what challenges it is trying to overcome to achieve that.

To do this, we Pioneers ourselves are required to have attitudes such as:

  • Continuing to learn about the technology and philosophy of the Pi Network
  • Carefully following official information and not being misled by rumors or uncertain information
  • Sharing constructive opinions and suggestions within the community

By “actively learning, thinking, and participating” rather than just “waiting,” we can help make the future of the Pi Network better.

What Do You Think? Let’s Think About the Future of Pi Network Together!

This 100 Million Picoin Great Migration has given us many questions and opportunities to think. How did you perceive this event? What expectations do you have for the future of the Pi Network? Or what concerns do you feel?

We hope this article helps you think more deeply about the Pi Network and form your own opinions. Please share your thoughts in the comments section, etc. Let’s watch over the future of the Pi Network together through constructive discussion.

Disclaimer: This article is for informational purposes only and does not recommend the purchase or investment in specific financial products. Investing in cryptocurrencies involves high risks. Investment decisions should be made at your own discretion after sufficient information gathering and consideration.

A Complete Guide to the ‘Transparency’ Demanded by the Pi Network Community

Introduction: What is Pi Network? Why it’s attracting attention and what you’ll learn from this article

Pi Network has a large number of users worldwide due to the ease with which it can be “mined on a smartphone.” You may have heard of it before. However, regarding its actual state and future potential, various pieces of information are circulating, and many people may find it difficult to understand. In this article, we will objectively and clearly explain the points that you, as a business person, should know, from the basic mechanism of Pi Network to the latest development, “Pi Network Venture,” and the issue of “transparency” that is currently being actively discussed within the community. By reading this article, you should gain insight into Pi Network’s current position and what is needed for its healthy development.

What is Pi Network Venture, Pi Network’s New Initiative?

In May 2025, Pi Network announced the establishment of “Pi Network Venture” with the aim of developing its ecosystem. What kind of initiative is this, and what potential impact could it have on the future of Pi Network? Here, based on officially announced information, let’s look at its overview, expected role, and market reaction.

Purpose and Overview of Pi Network Venture

  • It is an investment fund aimed at improving Pi’s utility and expanding the ecosystem.
  • The investment scale is said to be approximately 100 million dollars (Pi tokens and US dollars).
  • The targets are startups in a wide range of fields, including not only Web3 but also FinTech, AI, and E-commerce.

Operating Entity and Strategy

  • The Pi Foundation (described as an ownerless organization) is responsible for its operation.
  • It seems to aim to discover and support promising projects with an approach similar to Silicon Valley venture capitalists.

Market Reaction and Expected Effects

  • As benefits to the community, expansion of Pi’s usage methods and strengthening of the ecosystem are expected.
  • On the other hand, this announcement was somewhat anticlimactic for some users who were expecting the full-scale operation of the ecosystem and the progress of the open mainnet, and along with voices of disappointment, a decline in the price of Pi tokens was also observed. It’s not uncommon for such gaps between expectation and reality to arise with new technologies and projects.

Serious Concerns about “Transparency” Erupting from the Community

While showing new developments, Pi Network is facing harsh scrutiny from the community and analysts regarding its operating style, particularly “transparency.” Voices like that of DR Altcoin (pseudonym) mentioned in the background information may be just the tip of the iceberg, and many users seem to have doubts about the project’s soundness. What exactly is being criticized?

Suspicious Eyes: Possible Token Sales by the Core Team?

One of the most serious concerns is the alleged large-scale sale of Pi tokens by individuals associated with the Pi Core Team (the operating team). Some analysts and community members point to blockchain transaction data (on-chain data) as evidence, suggesting that the team may be selling their held tokens on the market without disclosing information.

If this were true, it would be an act that would significantly damage the community’s trust. For example, how would you feel if the management of a company you support secretly sold a large amount of their own stock without informing shareholders or the market? The same kind of suspicion is being directed at Pi Network. (Note that while specific wallet addresses and detailed transaction flows, as mentioned in the background information, have been pointed out, it is extremely difficult for external parties to fully verify each of them. Here, we will only state the fact that such “allegations are being made.”)

Lack of Information Disclosure: What Isn’t Being Said?

There are also constant criticisms that the information disclosure regarding the fundamental aspects of the Pi Network project is insufficient, such as the following:

  • Governance Structure: Who makes decisions for the project and how?
  • Tokenomics: The total supply of Pi tokens, distribution plan, allocation to the team and early investors, status of lock-ups (sale restriction periods), and the specific mechanism for burning (reducing supply through destruction).
  • Security Audits: Has the system’s safety been verified by a third-party organization?

Without clear basic information like this, users and potential investors cannot properly assess the project’s risks. Furthermore, there is a view that this lack of transparency may be influencing the reason why Pi tokens are not being listed on major centralized exchanges (CEXs) like Binance and Coinbase.

KYC Issues and User Assets in Limbo

What is further troubling users is the issue with the KYC (Know Your Customer: identity verification) process. Due to prolonged delays and deficiencies in the process, many users report being unable to access the Pi tokens they supposedly mined themselves, remaining in a state of being “in limbo.” “I tapped diligently every day, but when will I be able to touch my Pi?” Such earnest voices from users are a major factor shaking trust in the project.

Why is “Transparency” Indispensable for Cryptocurrency Projects?

The word “transparency” is often heard in business settings, but why is it so heavily emphasized, especially in projects within new technology areas like cryptocurrency and blockchain? Let’s consider the fundamental reasons through the example of Pi Network. This is a very important perspective for business people interested in new technology trends to discern the soundness of a project.

The Foundation of Trust: From the Perspective of Investor and User Protection

First and foremost, transparent information disclosure is a prerequisite for investors and users to correctly evaluate the risks and potential of a project. The clearer the project’s objectives, technical mechanisms, flow of funds, composition and policies of the operating team, the more confidently participants can engage. Conversely, if information is hidden or ambiguous, it creates suspicion like “Is there something inconvenient?” and hinders healthy fundraising and user acquisition. In a company, this is the same idea as making the management situation open to shareholders through IR (Investor Relations) activities.

Furthermore, the more open the flow of funds and operating policies are, the more it can be expected to have the effect of reducing the risk of fraudulent activities and unfair market manipulation. Fraud is difficult to carry out when everything is visible to everyone.

Collaboration with the Community: The Vision of Decentralized Projects

Many blockchain projects, especially those that advocate for being “decentralized” like Pi Network, aim to be operated and developed autonomously through the participation and cooperation of community members, rather than being controlled entirely by a specific centralized administrator. This is a new form of value creation, different from traditional top-down organizations.

For such a decentralized mechanism to truly function, a transparent information sharing system is essential, allowing community members to accurately grasp the project’s current status, challenges, and future direction, and to participate in the decision-making process. To foster a sense of ownership, where users feel “this is our project,” and to encourage active contributions, the operating side is required to proactively disclose information and engage in dialogue.

What Pi Network Needs to Do to Regain Trust and Develop Healthily

How should the Pi Network operation (Core Team) address the various concerns erupting from the community and rebuild the trust that may be being lost? For the project to succeed in the long term and realize its grand vision, concrete actions are needed, not just words.

Proactive and Specific Information Disclosure

First and foremost, thorough information disclosure is necessary. Specifically, the transparency of the following items should be increased:

  • Detailed Tokenomics: Disclose the exact total supply of Pi tokens, current circulating supply, the amount held by the team and foundation and its intended use, lock-up periods, and the plan and results of burning (destruction), in a way that can be verified by anyone.
  • Operating Team and Governance: Clearly define the composition of the Core Team members, their respective roles and responsibilities, and the process for important project decisions.
  • Development Roadmap and Progress: Show a concrete roadmap outlining what developments will be made in the future and when certain features will be released, and report on the progress regularly.
  • Sincere Explanation Regarding Allegations: Especially regarding allegations of token sales pointed out by the community, fulfill the responsibility to explain based on data sincerely, so as not to invite speculation.

Establishing Constructive Dialogue Channels with the Community

In addition to one-sided information dissemination, it is also important to revitalize two-way communication with the community.

  • Regularly hold Q&A sessions like AMA (Ask Me Anything) to directly answer questions and concerns from the community.
  • Actively collect constructive feedback on official forums and social media, and show a willingness to utilize it for project improvement.

The feeling that “user voices are being heard” leads to the restoration of community trust.

Fulfilling Promises and Improving User Experience

And most importantly, it is to “steadily execute what has been promised.”

  • The stable and full-scale operation of the open mainnet, which has been long awaited.
  • Prompt and fair resolution of KYC issues and the establishment of an environment where users can smoothly access their own assets.
  • Concrete construction and expansion of a practical DApp (decentralized application) ecosystem, i.e., places and services where Pi tokens can actually be used.

Providing concrete value and a good experience that makes users genuinely feel “I’m glad I got involved with Pi Network” will be the best measure for restoring trust.

[Reference] Lessons to Learn from Projects Other Than Pi Network

In the background information (transcription of the YouTube video), there were mentions of other cryptocurrency projects besides Pi Network, such as Ruby Coin and BTB. While these are not directly related to the evaluation of Pi Network, they may be insightful for business people who are always keeping an eye on new technologies and investment opportunities.

Risk Management Perspective: Not Sticking to Just One Project

Especially in new technology fields like cryptocurrency, unfortunately, not all projects succeed. Even if they seem to hold great potential, they can fail due to various factors such as technical challenges, changes in the market environment, and operational problems. Therefore, it is important to not overly believe in the future potential of a specific project and rely solely on one source of information, but to learn from multiple sources and always maintain a calm perspective for comparison and evaluation. This is a basic risk management principle that is also common to investments in other financial products such as stocks.

Be Cautious of “Sweet Deals” Like Airdrops

In the background information, there was also talk of an airdrop (an event where tokens are distributed for free to users who meet certain conditions) for a project called BTB. Airdrops can be an opportunity to learn about new projects and, if you’re lucky, potentially acquire tokens that will have value in the future early on, which may seem attractive.

However, caution is also necessary. Unfortunately, there are also scam projects whose purpose is to improperly collect personal information (email addresses, social media accounts, and sometimes even identification documents) or that simply distribute worthless tokens. Instead of participating casually just because it’s “free,” the literacy to carefully assess the reliability of the project (information on the official website, the track record of the development team, the reputation of the community, etc.) is required. You should be particularly cautious about providing email addresses used for business or important personal information.

Conclusion: Pi Network’s Future Depends on “Trust” – The Perspective We Should Hold

While Pi Network shows positive movements aimed at expanding the ecosystem and improving utility through new initiatives like “Pi Network Venture,” it is also being confronted with the fundamental issue of “transparency” by the community regarding its operation. As we have seen in detail in this article, it is no exaggeration to say that its future largely depends on how the Core Team responds to these sincere voices and rebuilds trust with users.

Pi Network’s current state is precisely one where expectations and concerns are mixed. It attracted many people with its innovative approach of being “easy on a smartphone,” but for the project to move to the next stage, not only technical progress but also operational transparency, accountability, and above all, trust from users are indispensable.

As business people interested in new technologies and trends, the perspective we should hold is to not blindly accept information, but to consider it from multiple angles and cultivate the ability to calmly discern the soundness and risks of a project. Regarding Pi Network as well, it is important to refer to various sources of information, including not only official announcements but also community voices and third-party analyses, and make your own judgment. And if you do get involved, don’t forget the basic principle of risk management: only participate to an extent that losing it would not affect your life.

The key points to watch in the future are how specific and sincere information disclosure and responses are made by the Pi Network operation regarding the concerns raised so far, and whether constructive dialogue with the community makes substantial progress. For Pi Network to truly become a “cryptocurrency for everyone,” it needs to overcome this hurdle of “trust.” Let’s calmly observe its developments.

Pi Network: Is the “Whale Buying” Real? Future Potential and Points of Caution

最近、SNSやニュースで「Pi Network(パイネットワーク)」という名前を目にする機会が増えていませんか?「スマホで簡単にマイニングできる」「新しい時代の仮想通貨かも」といった声と共に、「クジラが大量購入した!」「価格が急騰!」といった刺激的な噂も飛び交っています。でも、一体何が本当で、何に注意すべきなのでしょうか?

この記事では、Pi Networkに興味を持ち始めたあなたが抱えるであろう疑問や不安に寄り添いながら、Pi Networkの基本的な仕組みから、気になる市場の噂の真相、そして将来性や注意点まで、仮想通貨の専門家が客観的な情報に基づいて分かりやすく徹底解説します。「なるほど、そういうことか!」と納得し、Pi Networkについて冷静に判断できるようになるための一助となれば幸いです。

そもそもPi Network(パイネットワーク)とは?基本をおさらい

このセクションでは、Pi Networkがどのようなプロジェクトで、何を目指しているのか、そして多くの人が関心を持つ「スマホマイニング」の仕組みについて、基本から優しく解説します。「聞いたことはあるけど、よく知らない…」というあなたも、ここを読めばPi Networkの全体像が掴めるはずです。

Pi Networkは、スタンフォード大学の卒業生チームによって2019年に開始されたプロジェクトで、「誰もがアクセスしやすいデジタル通貨とエコシステム」の構築を目指しています。特に、従来の仮想通貨マイニングが専門的な知識や高価な機材、大量の電力を必要としたのに対し、Pi Networkはスマートフォンアプリを通じて、より手軽に「マイニング」に参加できる点を特徴としています。

スマホで手軽に始められる「マイニング」とは?

Pi Networkで言う「マイニング」は、ビットコインなどのプルーフ・オブ・ワーク(Proof of Work)で行われる計算競争とは異なり、アプリ上での簡単な操作(例:24時間に1回ボタンをタップする)や、信頼できる知人をネットワークに招待することなどでPiコインを獲得できる仕組みを指します。これにより、バッテリー消費を抑えつつ、多くの人がネットワークの成長に貢献し、報酬を得られるように設計されているとされています。

「専門知識がない私でも、スマホ一つで始められるの?」はい、その手軽さがPi Networkが多くのユーザーに注目されている理由の一つです。しかし、手軽さの裏にある仕組みや、得られたPiが実際にどのような価値を持つのかは、しっかり理解しておく必要があります。

Pi Networkが目指す「Web3時代の新たな経済圏」

Pi Networkは単にコインを配布するだけでなく、そのコインが実際に利用できる「実用的なエコシステム」の構築を重視しています。将来的には、Piを使った商品やサービスの売買、アプリケーションの開発などが可能なプラットフォームとなることを目指しており、これは次世代の分散型インターネットと言われる「Web3」の思想に基づいています。開発チームは、中央集権的なプラットフォームに依存しない、ユーザー主体の新しい経済圏を作り出すことをビジョンとして掲げています。

知っておくべき!現在のPi Networkの状況:Enclosed Mainnetとは?

2024年5月現在、Pi Networkは「Enclosed Mainnet(閉鎖型メインネット)」という段階にあります。これは、Piのブロックチェーン自体は稼働しているものの、外部のブロックチェーンや取引所との接続が制限されている状態を指します。つまり、現時点ではPi Networkの公式な方針として、Piコインをビットコインや日本円のように自由に外部の取引所で売買することはできません。このフェーズは、KYC(本人確認)の推進やエコシステム内のアプリ開発、セキュリティの検証など、将来の「Open Mainnet(開放型メインネット)」への移行準備期間と位置付けられています。Open Mainnetへの移行目標は、2025年の第1四半期とされていますが、過去にも延期があったため、今後の公式発表を注視する必要があります。

巷で話題の噂を検証!「クジラによる大量購入」「取引所での価格変動」の真相は?

「PiがOKXで大量に買われた!」「価格が〇〇ドルに!」といった噂、気になりますよね。このセクションでは、そうした市場の動きに関する情報の背景や、それが何を意味するのかを深掘りします。特に「IOU取引」というキーワードを理解することが、噂の真相を見極めるカギとなります。

Pi Networkに関するニュースで、「クジラ(大口投資家)が数百万、数千万のPiを買い集めた」とか、「〇〇取引所でPiが高値で取引されている」といった情報を見かけることがあります。こうした話は非常に魅力的ですが、冷静にその背景を理解することが重要です。

「クジラがPiを大量購入」の噂…その正体はIOU取引かも?

ソース情報にもあるような「OKX取引所での大量購入」といった話の多くは、Pi NetworkがOpen Mainnetに移行する前に一部の取引所で行われている「Pi IOU(I Owe You:私はあなたに借りがある)」の取引を指している可能性が高いです。IOUとは、将来的に本物のPiコインが利用可能になった際に、そのIOUを本物のPiコインと交換することを約束する一種の「権利証」や「引換券」のようなものです。

つまり、これらの取引は、Pi Network公式が発行・管理しているメインネット上のPiコインそのものではなく、あくまで取引所が独自に設定した「将来Piコインを受け取れる権利」の売買である場合が多いのです。ですから、「クジラがIOUを大量に買った」のであれば、それはそのクジラが将来のPiの価値に期待している一つの現れとは言えますが、Piコインそのものの流動性が大きく変動したわけではない可能性があります。

OKXなどの取引所でのPiの価格は「本物のPi」の価格?注意点を解説

OKXを含むいくつかの海外取引所では、過去にPiのIOUが上場されたり、2025年2月以降にはPiのスポット取引が開始される予定であるとの発表もありました。 こうした取引所で表示されるPiの価格は、あくまでその取引所内でのPi IOU、あるいは限定的な条件下でのPiトークンの取引価格であり、Pi Network全体の公式な市場価格を反映しているわけではありません。Pi NetworkはまだOpen Mainnetに移行しておらず、Pi財団(Pi Core Team)がこれらの取引所での取引を公式に推奨・保証しているわけではない点に注意が必要です。

例えば、2025年5月にはOKXから大量のPIトークン(IOUまたはそれに準ずるもの)が引き出されたというニュースがあり、これが供給懸念から価格の短期的な変動を引き起こしたと報じられました。 しかし、これはメインネットが完全にオープンになる前の段階での市場の動きであり、長期的な価値を示すものではありません。

「じゃあ、取引所の価格は全く無意味なの?」そうとは言い切れません。市場参加者が将来のPiの価値をどのように予測しているかの一つの指標にはなり得ます。しかし、それはあくまで投機的な期待値であり、多くの不確定要素を含んでいることを理解しておくべきです。

なぜIOU取引が行われるの?期待とリスク

IOU取引は、プロジェクトが正式に稼働する前からその将来性に賭けたいと考える投資家の需要に応える形で生まれます。大きなリターンを期待できる一方で、以下のようなリスクも伴います。

  • プロジェクトの遅延・失敗リスク: もしPi NetworkのOpen Mainnetへの移行が大幅に遅れたり、プロジェクトが期待通りに進まなかった場合、IOUの価値は大きく下落する可能性があります。
  • 取引所の信頼性リスク: IOUを発行している取引所が、約束通りに本物のPiコインとの交換に応じる保証は100%ではありません。
  • 価格変動リスク: IOUの価格は非常に投機的で、短期間に大きく変動しやすいです。

Pi Networkの動向を追う上で、これらの情報は興味深いものですが、公式情報と非公式な市場の噂は区別して捉えるようにしましょう。

Pi Networkの技術的な特徴と他の仮想通貨との違い

Pi Networkはただのコインではありません。その背後には、次世代のインターネット「Web3」を見据えた独自の技術構想があります。ここでは、Pi Networkがどのように機能し、ビットコインやイーサリアムといった他の仮想通貨と何が違うのかを、専門用語を避けながら分かりやすく解説します。

目指すは「Web3のOS」?Pi Networkの壮大な構想

Pi Networkは、単なるデジタル通貨に留まらず、開発者が様々なアプリケーション(DApps)を構築できるプラットフォーム、いわば「Web3時代のオペレーティングシステム(OS)」になることを目指しているとされています。これにより、Pi経済圏の中で多様なサービスが生まれ、Piコインが実用的に使われる世界観を構想しています。

世界中に広がる?Pi Networkを支える「ノード」の役割

Pi Networkのブロックチェーンは、世界中の個人が運営する「ノード」によって支えられる分散型ネットワークを目指しています。ソース情報では20万以上のアクティブノードが存在すると主張されていますが、これらのノードがブロックチェーンのトランザクション(取引記録)を検証し、ネットワークのセキュリティと安定性を維持する役割を担います。ビットコインのように特定のマイナーに権力が集中するのではなく、より多くの参加者によって支えられるネットワークが理想とされています。

「ノードって難しそうだけど、私にも関係あるの?」直接ノードを運営しなくても、Pi Networkのユーザーであること自体が、この分散型ネットワークを間接的に支援していると言えます。多くの人が参加し、利用することでネットワーク全体の価値が高まるという考え方です。

あなたのIDはあなたのもの!KYCと分散型ID(DID)への取り組み

Pi Networkは、不正利用を防ぎ、信頼性の高いネットワークを構築するために、KYC(Know Your Customer:本人確認)プロセスを重視しています。将来的には、このKYC情報を活用しつつ、ユーザーが自身のデジタルアイデンティティを自分で管理できる「分散型ID(DID)」の仕組みと連携することも視野に入れているようです。ソース情報では、プライバシーを保護しながら本人確認を行うZKP(ゼロ知識証明)技術の活用にも言及されていますが、具体的な実装状況については公式情報を確認する必要があります。これにより、現在のWeb2サービスのように企業が個人情報を囲い込むのではなく、ユーザー自身が自分の情報をコントロールできる世界の実現を目指しています。

イーサリアムと何が違う?Pi Networkならではのポイント

スマートコントラクトプラットフォームとして有名なイーサリアムと比較した場合、Pi Networkは以下のような点で違いを打ち出そうとしています。

  • アクセシビリティと公平な配布: スマートフォンで誰でもマイニングに参加でき、初期からPiコインを公平に配布することを目指しています。これにより、一部の富裕層や技術者に富が集中することを避ける狙いがあります。
  • 低コストなトランザクション: イーサリアムでは時に「ガス代」と呼ばれる取引手数料が高騰することが問題視されますが、Pi Networkは日常的な取引で利用しやすいよう、低い手数料での運用を目指すとされています。
  • 実用性重視のエコシステム: 投機的な側面よりも、Piコインが実際に使えるアプリケーションやサービスが充実したエコシステムを構築することに重点を置いています。

もちろん、これらの目標が全て実現するかは今後の開発次第ですが、既存のブロックチェーンが抱える課題を意識した設計思想が見受けられます。

Pi Networkの将来性はどうなる?期待される可能性と残された課題

Pi Networkが本当に「次世代のデジタル通貨」として普及するのか、誰もが気になるところでしょう。このセクションでは、Pi Networkが持つ潜在的な可能性と、その実現に向けて乗り越えるべき課題について、冷静な視点から考察します。

期待されるユースケース:Piは私たちの生活をどう変える?

もしPi NetworkがOpen Mainnetへの移行に成功し、活発なエコシステムを構築できた場合、以下のようなユースケースが考えられます。

  • 日常的な支払い手段: 低手数料で迅速な決済が実現すれば、お店での支払いや個人間送金にPiが使われるようになるかもしれません。
  • 分散型アプリケーション(DApps)のプラットフォーム: ゲーム、SNS、コンテンツ共有など、様々なDAppsがPiブロックチェーン上で開発され、Piコインがその基軸通貨となる可能性があります。
  • グローバルなマイクロペイメント: 少額のコンテンツ購入やクリエイターへのチップなど、国境を越えたマイクロペイメント(少額決済)が容易になるかもしれません。
  • 新しい形のデジタルアイデンティティ: KYCと連携した分散型IDが実現すれば、より安全でユーザー主権のオンラインサービスが生まれるかもしれません。

「なんだか未来の話みたいでワクワクするね!」確かに、実現すれば私たちのデジタルライフを大きく変える可能性を秘めています。しかし、そこに至るまでにはいくつかのハードルがあります。

Open Mainnetへの移行はいつ?成功の鍵は?

前述の通り、Open Mainnetへの移行は2025年第1四半期が目標とされていますが、これはあくまで目標です。 成功の鍵は、以下の点にかかっていると言えるでしょう。

  • 技術的な安定性とセキュリティの確保: 大規模なユーザーが利用するに足る、堅牢で安全なブロックチェーンを完成させること。
  • KYCプロセスの円滑な推進と十分な数の移行者: 多くのユーザーがKYCを完了し、メインネットへ移行することで、ネットワークの信頼性と実用性が高まります。
  • 魅力的なエコシステムの構築: 開発者が参加しやすく、ユーザーにとって価値のあるアプリケーションやサービスが多数生まれること。
  • 規制当局との良好な関係: 各国の法規制を遵守し、社会的に受け入れられるプロジェクトとして認知されること。

乗り越えるべき壁:開発状況、規制、市場の評価

Pi Networkが直面している、あるいは今後直面する可能性のある課題としては、以下のような点が挙げられます。

  • 開発の遅延: これまでにもOpen Mainnetのローンチ時期は何度か延期されており、今後の開発スケジュールにも不確実性があります。
  • 規制の壁: 仮想通貨やWeb3に対する法規制は各国で整備が進められている最中であり、Pi Networkがどのように対応していくかは未知数です。
  • 市場からの懐疑的な見方: プロジェクトの長期的な開発期間や、まだ具体的な収益モデルが明確でない点などから、一部には懐疑的な見方も存在します。
  • 競合の激化: 同様にWeb3や分散型経済を目指すプロジェクトは数多く存在し、その中でPi Networkが独自の地位を確立できるかは競争次第です。

これらの課題を乗り越え、ビジョンを実現できるかどうか、今後のPi Networkの動向から目が離せません。

Pi Networkに関わる上での注意点と賢い情報収集のコツ

新しい技術やプロジェクトには、大きな期待と共に注意すべき点も存在します。Pi Networkと賢く付き合っていくために、知っておきたいリスクや、信頼できる情報を見極めるためのヒントをお伝えします。

甘い話には要注意!非公式な情報や詐欺的な勧誘に気をつけて

「Piを買えば必ず儲かる」「今すぐ〇〇ドルになる」といった、確実な利益を約束するような話には十分注意してください。特に、Pi Networkの公式ではない個人やグループからの情報、非公式な取引所への誘導、個人情報の入力を求めるような勧誘には警戒が必要です。Pi Network自体がそのような保証をしているわけではありません。

「でも、友達がPi Networkを勧めてくれたんだけど…」ご友人が純粋にプロジェクトの可能性を信じている場合も多いでしょう。しかし、情報を鵜呑みにせず、ご自身でも調べてみることが大切です。

投資は自己責任で。この記事は投資助言ではありません

この記事は、Pi Networkに関する情報提供を目的としたものであり、Piコインへの投資を推奨するものではありません。仮想通貨への投資は価格変動リスクが非常に高く、元本を失う可能性もあります。いかなる投資判断も、ご自身の責任において、十分な情報収集とリスク理解の上で行ってください。

最新情報はどこで得る?公式発表をチェックしよう

Pi Networkに関する最も信頼できる情報は、Pi Networkの公式サイト、公式ブログ、公式SNSアカウント(Xなど)、そしてPi Networkアプリ内のアナウンスです。市場の噂や個人の意見に惑わされず、まずはこれらの一次情報を確認する習慣をつけましょう。開発の進捗、重要な発表、セキュリティに関する注意喚起などは、公式チャネルを通じて行われます。

まとめ:Pi Networkの未来は?私たちにできること

ここまでPi Networkの基本から噂の真相、将来性、注意点まで見てきました。最後に、これまでの情報を踏まえ、Pi Networkというプロジェクトとどのように向き合っていくべきか、そして私たちが今できることについてまとめます。

Pi Networkは、「スマートフォンで誰もが参加できる分散型デジタル通貨」という革新的なビジョンを掲げ、世界中で多くの関心を集めているプロジェクトです。その手軽さや、Web3時代の新しい経済圏構築への期待感は大きいものがあります。

一方で、プロジェクトはまだ開発途上にあり、Open Mainnetへの移行やエコシステムの本格的な稼働には時間がかかる可能性があります。巷で囁かれる「クジラによる購入」や「価格急騰」といった情報は、多くがPiのIOU取引に関連するものであり、プロジェクトの現状や公式な価値を直接反映しているわけではないことを理解しておく必要があります。

Pi Networkと向き合う上で大切なのは、過度な期待や短期的な投機は避け、プロジェクトの進捗を冷静に見守ることです。そして、何よりもPi Network公式からの情報を最優先し、ご自身で情報を吟味し、判断する姿勢が求められます。「難しそうだから誰かに任せよう」ではなく、「自分でも少し調べてみようかな」という気持ちが、新しい技術と賢く付き合うための第一歩です。

もしあなたがPi Networkのビジョンに共感し、その可能性に興味を持ったのであれば、まずはリスクを十分に理解した上で、公式情報を追いかけながらプロジェクトの成長を見守ってみてはいかがでしょうか。アプリを試してみるのも良いかもしれませんが、その際も個人情報の管理などには十分注意しましょう。

この記事を読んで、「Pi Networkについてもっと知りたい!」「今後の動向を追いかけてみよう」と感じていただけたら幸いです。新しい技術の世界を探求する一歩として、ぜひPi Networkの公式情報をチェックしてみてください。Have you been seeing the name “Pi Network” more often on social media and in the news lately? Along with voices saying things like “you can easily mine with your smartphone” and “it might be the cryptocurrency of a new era,” exciting rumors like “whales bought a huge amount!” and “the price surged!” are also flying around. But what is actually true, and what should you be careful about?

In this article, a cryptocurrency expert will provide a thorough and easy-to-understand explanation based on objective information, addressing the questions and anxieties you might have if you’re starting to get interested in Pi Network. We’ll cover everything from the basic mechanism of Pi Network to the truth behind the market rumors you’re curious about, its future potential, and points to be aware of. We hope this helps you understand and calmly assess Pi Network, making you think, “Ah, I see!”

What Exactly is Pi Network? A Basic Review

In this section, we will gently explain the basics of what kind of project Pi Network is, what it aims to achieve, and the mechanism of “smartphone mining” that many people are interested in. Even if you’ve “heard of it but don’t know much about it,” you should be able to grasp the overall picture of Pi Network after reading this.

Pi Network is a project launched in 2019 by a team of Stanford University graduates, aiming to build a “digital currency and ecosystem accessible to everyone.” In particular, while traditional cryptocurrency mining required specialized knowledge, expensive equipment, and large amounts of electricity, Pi Network is characterized by allowing participation in “mining” more easily through a smartphone app.

What is “Mining” That You Can Easily Start with Your Smartphone?

“Mining” in Pi Network refers to a mechanism where you can earn Pi coins through simple operations on the app (e.g., tapping a button once every 24 hours) or by inviting trusted acquaintances to the network, unlike the computational competition performed in Proof of Work like Bitcoin. This is said to be designed to allow many people to contribute to the network’s growth and earn rewards while minimizing battery consumption.

“Can I start with just a smartphone, even without specialized knowledge?” Yes, that ease of use is one of the reasons why Pi Network is attracting attention from many users. However, it is important to fully understand the mechanism behind the ease and what value the earned Pi actually holds.

Pi Network’s Goal: A “New Economic Sphere in the Web3 Era”

Pi Network is not just distributing coins; it emphasizes building a “practical ecosystem” where those coins can actually be used. In the future, it aims to become a platform where buying and selling goods and services using Pi, as well as developing applications, are possible. This is based on the philosophy of “Web3,” which is said to be the next generation of decentralized internet. The development team has a vision of creating a new user-centric economic sphere that does not rely on centralized platforms.

Important to Know! The Current Status of Pi Network: What is Enclosed Mainnet?

As of May 2024, Pi Network is in the “Enclosed Mainnet” phase. This means that while the Pi blockchain itself is operational, connections to external blockchains and exchanges are restricted. In other words, according to Pi Network’s official policy, it is currently not possible to freely buy and sell Pi coins on external exchanges like Bitcoin or Japanese Yen. This phase is positioned as a preparation period for the future “Open Mainnet,” including promoting KYC (Know Your Customer), developing apps within the ecosystem, and verifying security. The target for transitioning to Open Mainnet is the first quarter of 2025, but as there have been delays in the past, it is necessary to keep a close eye on future official announcements.

Verifying the Rumors Circulating: The Truth Behind “Whale Mass Purchases” and “Price Fluctuations on Exchanges”?

Rumors like “Pi was bought in large quantities on OKX!” and “The price is $XX!” are intriguing, aren’t they? In this section, we will delve deeper into the background of such market movements and what they mean. Understanding the keyword “IOU trading” is key to discerning the truth behind the rumors.

In news related to Pi Network, you may see information like “whales (large investors) have accumulated millions or tens of millions of Pi” or “Pi is trading at a high price on XX exchange.” While such stories are very attractive, it is important to calmly understand their background.

Rumors of “Whales Mass Purchasing Pi”… Could the Truth Be IOU Trading?

Much of the talk about “mass purchases on the OKX exchange,” as mentioned in source information, is likely referring to “Pi IOU (I Owe You)” trading that is taking place on some exchanges before Pi Network transitions to Open Mainnet. An IOU is a type of “certificate of right” or “exchange ticket” that promises to exchange the IOU for real Pi coins when they become available in the future.

Therefore, these transactions are often the buying and selling of a “right to receive Pi coins in the future” that the exchange has independently set up, rather than the actual Pi coins on the mainnet issued and managed by Pi Network official. So, if “whales bought a large amount of IOU,” it can be said that it is one manifestation of that whale’s expectation for the future value of Pi, but it is possible that the liquidity of Pi coin itself has not significantly changed.

Is the Price of Pi on Exchanges like OKX the Price of “Real Pi”? Explanation of Points to Note

Some overseas exchanges, including OKX, have listed Pi IOUs in the past, and there have also been announcements that Pi spot trading is scheduled to start after February 2025. The price of Pi displayed on such exchanges is merely the trading price of Pi IOU or Pi tokens under limited conditions within that exchange, and does not reflect the official market price of the entire Pi Network. It is important to note that Pi Network has not yet transitioned to Open Mainnet, and the Pi Foundation (Pi Core Team) does not officially recommend or guarantee trading on these exchanges.

For example, in May 2025, there was news that a large amount of PI tokens (IOU or equivalent) were withdrawn from OKX, and this was reported to have caused short-term price fluctuations due to supply concerns. However, this is market movement in the phase before the mainnet is fully open, and it does not indicate long-term value.

“So, is the price on exchanges completely meaningless?” That’s not necessarily true. It can be one indicator of how market participants are predicting the future value of Pi. However, it is merely a speculative expectation and contains many uncertainties that should be understood.

Why is IOU Trading Done? Expectations and Risks

IOU trading arises to meet the demand of investors who want to bet on a project’s future potential before it officially launches. While it offers the potential for large returns, it also comes with the following risks:

  • Project Delay/Failure Risk: If the transition of Pi Network to Open Mainnet is significantly delayed or the project does not proceed as expected, the value of the IOU could drop significantly.
  • Exchange Reliability Risk: There is no 100% guarantee that the exchange issuing the IOU will exchange it for real Pi coins as promised.
  • Price Volatility Risk: The price of IOU is highly speculative and prone to large fluctuations in a short period.

While following the developments of Pi Network, this information is interesting, but be sure to distinguish between official information and unofficial market rumors.

Technical Features of Pi Network and Differences from Other Cryptocurrencies

Pi Network is not just a coin. Behind it is a unique technical concept looking towards the next generation of the internet, “Web3.” Here, we will explain in an easy-to-understand way, avoiding technical jargon, how Pi Network functions and how it differs from other cryptocurrencies like Bitcoin and Ethereum.

Aiming to be the “OS of Web3”? Pi Network’s Grand Vision

Pi Network is said to aim to become not just a digital currency, but a platform where developers can build various applications (DApps), in other words, the “Operating System (OS) of the Web3 era.” Through this, it envisions a world where diverse services are born within the Pi economic sphere, and Pi coins are used practically.

Spreading Globally? The Role of “Nodes” Supporting Pi Network

Pi Network’s blockchain aims to be a decentralized network supported by “nodes” operated by individuals around the world. Source information claims there are over 200,000 active nodes, and these nodes play a role in verifying blockchain transactions (transaction records) and maintaining the security and stability of the network. The ideal is a network supported by more participants, rather than power being concentrated in specific miners like in Bitcoin.

“Nodes sound complicated, but do they concern me?” Even if you don’t directly operate a node, being a Pi Network user itself means you are indirectly supporting this decentralized network. The idea is that the value of the entire network increases as more people participate and use it.

Your ID is Yours! Initiatives for KYC and Decentralized ID (DID)

Pi Network emphasizes the KYC (Know Your Customer) process to prevent fraudulent use and build a reliable network. In the future, it is also considering linking with a “Decentralized ID (DID)” mechanism that allows users to manage their own digital identity, while utilizing this KYC information. Source information also mentions the use of ZKP (Zero-Knowledge Proof) technology to perform identity verification while protecting privacy, but the specific implementation status needs to be confirmed through official information. Through this, it aims to realize a world where users themselves can control their information, unlike current Web2 services where companies enclose personal information.

How is it Different from Ethereum? Unique Points of Pi Network

Compared to Ethereum, which is famous as a smart contract platform, Pi Network is trying to differentiate itself in the following ways:

  • Accessibility and Fair Distribution: It aims to allow anyone to participate in mining with a smartphone and distribute Pi coins fairly from the beginning. This is intended to avoid the concentration of wealth in a few wealthy individuals or technologists.
  • Low-Cost Transactions: While high transaction fees, sometimes called “gas fees,” are a problem with Ethereum, Pi Network aims for operation with low fees to make it easy to use for everyday transactions.
  • Ecosystem Focused on Practicality: It places more emphasis on building an ecosystem rich in applications and services where Pi coins can actually be used, rather than on speculative aspects.

Of course, whether all these goals will be achieved depends on future development, but a design philosophy that is conscious of the challenges faced by existing blockchains can be seen.

What About the Future Potential of Pi Network? Expected Possibilities and Remaining Challenges

Everyone is curious whether Pi Network will truly become the “next generation digital currency” and spread widely. In this section, we will calmly consider the potential possibilities that Pi Network holds and the challenges it must overcome to realize them.

Expected Use Cases: How Will Pi Change Our Lives?

If Pi Network successfully transitions to Open Mainnet and builds a vibrant ecosystem, the following use cases are conceivable:

  • Everyday Payment Method: If low-fee and fast payments are realized, Pi might be used for payments in stores and person-to-person transfers.
  • Decentralized Application (DApps) Platform: Various DApps, such as games, social media, and content sharing, could be developed on the Pi blockchain, and Pi coin could become their base currency.
  • Global Micropayments: Micropayments (small payments) across borders, such as purchasing small amounts of content or tipping creators, might become easier.
  • New Form of Digital Identity: If decentralized ID linked with KYC is realized, more secure and user-sovereign online services might emerge.

“That sounds like something out of the future, it’s exciting!” Indeed, if realized, it has the potential to significantly change our digital lives. However, there are several hurdles to overcome to get there.

When Will the Transition to Open Mainnet Happen? What are the Keys to Success?

As mentioned earlier, the transition to Open Mainnet is targeted for the first quarter of 2025, but this is just a target. The keys to success can be said to lie in the following points:

  • Ensuring Technical Stability and Security: Completing a robust and secure blockchain that is sufficient for use by a large number of users.
  • Smooth Promotion of the KYC Process and a Sufficient Number of Migrators: As many users complete KYC and migrate to the mainnet, the reliability and practicality of the network will increase.
  • Building an Attractive Ecosystem: Many applications and services that are easy for developers to participate in and valuable to users are born.
  • Good Relationship with Regulatory Authorities: Being recognized as a project that complies with laws and regulations in each country and is socially accepted.

Walls to Overcome: Development Status, Regulation, Market Evaluation

The challenges that Pi Network is facing or may face in the future include the following:

  • Development Delays: The launch date of Open Mainnet has been postponed several times in the past, and there is uncertainty in the future development schedule.
  • Regulatory Walls: Laws and regulations regarding cryptocurrencies and Web3 are currently being developed in various countries, and how Pi Network will respond is unknown.
  • Skepticism from the Market: Due to the project’s long development period and the lack of a clear concrete revenue model, there is some skepticism from some quarters.
  • Intensifying Competition: There are many projects similarly aiming for Web3 and a decentralized economy, and whether Pi Network can establish a unique position among them depends on the competition.

Whether it can overcome these challenges and realize its vision, the future developments of Pi Network are worth watching closely.

Points to Note When Engaging with Pi Network and Tips for Smart Information Gathering

New technologies and projects come with great expectations, but also points to be careful about. To engage wisely with Pi Network, we will provide you with the risks you should be aware of and hints for discerning reliable information.

Beware of Sweet Talk! Be Cautious of Unofficial Information and Fraudulent Solicitations

Be very careful about stories that promise guaranteed profits, such as “If you buy Pi, you will definitely make money” or “It will be $XX immediately.” In particular, be wary of information from individuals or groups that are not official Pi Network sources,誘導 to unofficial exchanges, and solicitations that ask for personal information. Pi Network itself does not make such guarantees.

“But my friend recommended Pi Network…” It is often the case that your friend genuinely believes in the project’s potential. However, it is important not to take information at face value and to do your own research.

Investment is at Your Own Risk. This Article is Not Investment Advice.

This article is intended to provide information about Pi Network and does not recommend investing in Pi coins. Investing in cryptocurrencies carries a very high risk of price fluctuation, and there is a possibility of losing your principal. Any investment decision should be made at your own discretion, after sufficient information gathering and understanding of the risks.

Where to Get the Latest Information? Check Official Announcements.

The most reliable information about Pi Network is from the official Pi Network website, official blog, official social media accounts (such as X), and announcements within the Pi Network app. Get into the habit of checking these primary sources first, without being swayed by market rumors or individual opinions. Development progress, important announcements, and security warnings are made through official channels.

Conclusion: What is the Future of Pi Network? What We Can Do

We have covered the basics of Pi Network, the truth behind the rumors, its future potential, and points to note. Finally, based on the information presented so far, we will summarize how we should approach the Pi Network project and what we can do now.

Pi Network is a project that has attracted a lot of attention worldwide, advocating an innovative vision of a “decentralized digital currency that anyone can participate in with a smartphone.” There is great expectation for its ease of use and the building of a new economic sphere in the Web3 era.

On the other hand, the project is still under development, and the transition to Open Mainnet and the full-scale operation of the ecosystem may take time. It is important to understand that the circulating information about “whale purchases” and “price surges” is largely related to Pi IOU trading and does not directly reflect the project’s current status or official value.

What is important when engaging with Pi Network is to avoid excessive expectations and short-term speculation, and to calmly observe the project’s progress. And most importantly, a stance of prioritizing information from Pi Network official sources, examining the information yourself, and making your own judgments is required. Instead of thinking, “It seems difficult, so I’ll leave it to someone else,” the feeling of “Maybe I’ll do a little research myself” is the first step to wisely engaging with new technology.

If you resonate with the vision of Pi Network and are interested in its potential, why not first fully understand the risks and then watch the project’s growth while following official information? Trying out the app might also be a good idea, but even then, be very careful with managing your personal information.

We hope that after reading this article, you feel like you “want to know more about Pi Network!” or “Let’s follow future developments.” As a step towards exploring the world of new technology, please do check out the official information of Pi Network.

Pi Network ‘Complete Decentralization’ Rumors Explained In-Depth! Current Status and Future Potential?

First Check! What Kind of Project is Pi Network?

Many of you have probably heard the name “Pi Network” but don’t know the details. In this section, we’ll gently review the basic points: what purpose Pi Network started with, and how it differs from other cryptocurrencies. Let’s grasp the unique features of Pi Network without getting into complicated things.

Pi Network’s Dream: Bringing “Cryptocurrency for Everyone” to the World

Pi Network is a project launched in 2019 by a team with PhDs from Stanford University. Its big goal is to create a cryptocurrency (digital currency) that is easily accessible and usable by everyone around the world. Early cryptocurrencies like Bitcoin were limited to a few people due to soaring prices and the need for specialized knowledge and expensive equipment for mining (the process of issuing new coins). Pi Network aims to lower these barriers and realize a world where more people can benefit from cryptocurrency.

A Currency Grown Steadily with Your Smartphone and the Community

One of the biggest features of Pi Network is that you can easily participate in mining using a smartphone app. No special equipment or expertise is required; the system allows you to earn “Pi” coins (currently in the testing phase) by tapping the app about once a day. This allows people who previously had no connection to cryptocurrency to easily join the community and support the project’s growth.

You might wonder, “Can I really get coins that easily?” Pi Network values user contribution and the building of a trust network, aiming to create value through the power of the community, not just distributing coins.

[Important] Pi Network Now: The Mainnet is Still in the “Preparation Period”

Here’s an important point. Pi Network is currently in the “Enclosed Mainnet” phase. This means that while the Pi blockchain itself is operational, it is not yet connected to external blockchains or exchanges and functions only within the Pi Network ecosystem. Think of it like a pre-opening period before the official launch.

The project’s ultimate goal is to transition to the “Open Mainnet”. When this is achieved, there is a possibility that Pi could be traded on exchanges like other cryptocurrencies and used in more services. However, the timing of this Open Mainnet transition is said to be decided after various conditions are met, such as the progress of KYC (identity verification) and the maturity of the ecosystem, and as of May 2025, a specific date has not yet been officially announced.

What is “Full Decentralization”? What Good Things Happen When It’s Achieved?

The term “full decentralization” might sound complicated. But don’t worry! Here, we’ll explain the potential specific benefits and changes that can be expected for Pi Network and us users when this “decentralization” is achieved, using familiar imagery.

What Does “Managed by Everyone” Mean? The Image of Decentralization

First, it might be easy to understand if you think of “decentralization” as the opposite of “centralization.” For example, traditional financial institutions like banks manage money and approve transactions through a central organization. This is a “centralized” model.

On the other hand, in a “decentralized” system, power is not concentrated in a specific manager or organization; instead, many computers (nodes) and people participating in the network cooperate to manage and verify information. Blockchain technology is a representative technology for achieving this decentralization. Pi Network is also based on this blockchain technology.

If you’re thinking, “I don’t quite understand…”, try imagining a company that is “not a company where one leader decides everything,” but rather “a company where all employees discuss and operate it.” The latter is closer to the idea of “decentralization.”

Increased Transparency, Leading to More Trust?

One of the benefits of a decentralized system is increased transparency. Transaction records on the blockchain, for example, can be verified by participants (although the content may be encrypted), making fraud and tampering very difficult. This is expected to increase the overall reliability of the system.

If Pi Network becomes more decentralized, its operation and transaction rules may become more open, making it easier for users to use the network with peace of mind.

A Future Where All Participants Decide the Rules?

In an ideal decentralized network, important decisions regarding the network’s future are aimed to be made not only by the central operating team but also by reflecting the opinions of community participants. Pi Network also places great importance on the user community called “Pioneers,” and there is a possibility that the mechanism of community governance (rule and operation) will be strengthened in the future.

“We can decide the future of the currency we use”… Doesn’t that sound exciting?

Rumors of Pi Network’s “Full Decentralization”… What are the Specifics and Current Status?

Now, let’s get to the main topic. Let’s look a little more closely at the rumors that Pi Network has achieved “full decentralization.” We will explain the technical points and plans that are particularly being discussed, comparing them with the information available as of May 2025.

Recently, information seems to be circulating on some social media and YouTube videos claiming that “Pi Network announced full decentralization at an event called Consensus 2025!” However, as of May 2025, no such official announcement has been confirmed on the official Pi Network website, official social media, or reliable major cryptocurrency news media. “Consensus” is a real major conference in the cryptocurrency industry, but there is no evidence at this time that Pi Network declared “full decentralization” there.

With this background in mind, let’s look at the points being discussed in the rumors.

Is the Unique Mechanism “IPOS” Really Amazing? [Rumors and Official Information]

In the rumors, it is sometimes said that Pi Network has achieved full decentralization through its unique consensus mechanism (a system for approving transactions and keeping the blockchain secure) called “IPOS (Improved Proof of Stake).” This IPOS is sometimes described as an improvement on the traditional Proof of Stake (a system where those who hold more coins are more likely to gain approval rights), making it more energy-efficient and easier for many people to participate.

Pi Network is indeed aiming for a unique consensus algorithm, and the concept is mentioned in its whitepaper and elsewhere. However, the name “IPOS,” its detailed technical specifications, and an official announcement that it has been “fully implemented and decentralization is complete” cannot be confirmed at this time. The project is under development, and while there is a possibility that such an excellent mechanism may be introduced in the future, the information at this stage is still in the realm of “expectation.”

Source Code Publicly Available for Anyone to Check? [Rumors and Official Information]

Also, information that “Pi Network has released its source code (the blueprint of the program), allowing anyone to verify its security” is sometimes cited as evidence of achieving decentralization. Open-sourcing is a very important step in increasing project transparency and encouraging community participation in development.

Pi Network is said to have indicated its intention to release the source code in the future, but official information confirming that the source code is fully released and freely auditable by anyone at this time cannot be confirmed.

You might feel uneasy and think, “Then what were those rumors about?” With new technology, especially projects that attract global attention, various information can spread ahead of time due to expectations and speculation. The important thing is to pause and think, “Is this official information?” and “Is this from a reliable source?” when you encounter such information.

Community Enthusiasm and Expectations (While Being Careful About Information Sources)

On the other hand, it is also true that the spread of such rumors is fueled by the enthusiasm of the Pi Network community and their strong expectations for the project. For the “Pioneers” who have been mining Pi and supporting the project’s growth for many years, “full decentralization” is a long-awaited major milestone.

On social media, there are many posts expressing joy at small project progress and discussing future expectations. There is no doubt that this community energy is one of the driving forces behind the project’s progress. However, due to this enthusiasm, there are cases where unconfirmed information and hopeful speculation spread as “facts,” so it is necessary to be careful about how you receive information.

What If Pi Network Achieves “Full Decentralization” and Becomes More Accessible? Expanding Future Scenarios

Although still in the rumor stage, if Pi Network truly achieves “full decentralization” and becomes used by many people in their daily lives… what kind of changes could occur in our lives and businesses? Here, we will introduce such future possibilities with exciting application examples. Of course, please read these as just “what if” scenarios, letting your imagination run wild.

Cheaper Remittances and New Financial Services (DeFi) Becoming More Accessible?

Cryptocurrencies utilizing blockchain technology have the potential to significantly reduce fees for international remittances and other transactions because they allow direct peer-to-peer transfers without intermediaries like banks. If Pi Network becomes widely adopted, it might be used as a more convenient and cheaper remittance method.

Also, financial services called “DeFi (Decentralized Finance),” which can be used without relying on specific companies or organizations (such as lending, borrowing, and earning yield), might be deployed on the Pi Network platform. This could potentially allow people who previously could not have bank accounts to access financial services.

Payments in Stores and Peer-to-Peer Transactions with Pi? The Birth of a New Economic Sphere

If Pi Network transitions to the Open Mainnet and its value is stably recognized by the market, a future where Pi can be used for daily shopping and service payments is conceivable. Already, there are movements in some regions and communities attempting to buy and sell goods using Pi (P2P transactions).

If this spreads globally, a unique economic sphere centered around Pi might emerge, creating new business opportunities.

Integration with “Web3” Services Where You Manage and Utilize Your Own Data?

In recent years, “Web3” (Web Three), a new form of the internet that aims to allow users to manage their own data and be freed from data monopolization by platform companies, has been attracting attention. Decentralized projects like Pi Network are said to have high affinity with the philosophy of Web3.

In the future, new types of social media and online services might appear that allow you to securely manage personal data or earn rewards based on your contributions using your Pi Network ID and wallet (wallet function).

How was it? You might be skeptical and think, “Will such a future really come?” but technological progress can sometimes be realized at a speed that exceeds our imagination. The important thing is to believe in the possibilities while calmly observing the current situation.

[Must Check!] Points to Note and Future Challenges When Engaging with Pi Network

While Pi Network holds great potential, new technologies and projects come with not only expectations but also points to be aware of and hurdles to overcome. Here, we have organized important points to keep in mind when watching the future of Pi Network.

Most Important! Develop the Ability to Distinguish Between “Official Information” and “Rumors or Personal Opinions”

As repeatedly mentioned in this article, information regarding Pi Network is mixed. Especially on social media, personal hopeful speculation, incorrect information, and sometimes malicious rumors can spread. When you hear something appealing, make it a habit to check “Where is that information coming from?” and “Is the same thing being said on the official Pi Network website or official social media?” Do not act in haste, and it is very important to identify reliable sources of information.

Project Progress is Unknown, a Long-Term Perspective is Needed

Pi Network is a long-term project with ambitious goals. The transition to the Open Mainnet and the subsequent development of the ecosystem will require a lot of time and effort. Even if significant results are not achieved immediately, it is important to have a stance of watching the project’s progress with a long-term perspective without rushing. Be wary of sweet words like “The value will be X times higher tomorrow!” and calmly grasp the situation.

Be Conscious of Protecting Your Own Assets and Information

In the world of cryptocurrency, it is fundamental to manage your own assets (coins) and personal information (passwords, private keys, etc.) responsibly. When using Pi Network, take proper security measures for your account and never give your password or other information to others if asked. Also, basic internet literacy, such as not accessing suspicious apps or websites, is important.

Hurdles for Wide Social Acceptance (Laws, Usability, etc.)

For Pi Network to truly become a “currency usable by everyone,” it needs to overcome not only technical challenges but also comply with laws and regulations in each country, and above all, be a service that is “easy to understand and use” for the general public. Overcoming these hurdles requires not only the efforts of the project team but also the cooperation of the community and the understanding of society as a whole.

It is natural for various challenges to arise in the process of new technology permeating society. We will be watching how Pi Network addresses and solves these challenges.

Summary: Look Forward to Pi Network’s Future While Continuing to Gather Correct Information!

This time, we looked together at everything from the rumors about Pi Network’s “full decentralization” to the project’s current status and future possibilities. The vision of Pi Network aiming for “cryptocurrency accessible to everyone” is very attractive, and it is understandable that many people have expectations.

However, on the other hand, the project is still under development, and the realization of the transition to the Open Mainnet and “full decentralization” is still in the future according to official information as of May 2025. While we have expectations for Pi Network’s grand goals, it is important for us to always follow accurate information based on official announcements and maintain a calm perspective.

“Maybe it will become the norm in the future…” With that feeling of excitement about the possibilities of new technology, and the calm feeling of “But there are still many unknowns, so let’s gather information carefully.” Let’s maintain this balance and watch the future developments of Pi Network.

Next Step: For Those Who Want to Know More About Pi Network

After reading this article, some of you may feel, “I want to know more about Pi Network!” or “I want to check the official information myself!” For you, we will introduce hints for finding reliable information sources and actions you should take next.

Check the Official Pi Network Website and Official Social Media

The most reliable information is, after all, the official information disseminated by the Pi Network project team. Make it a habit to regularly check the official website and official social media accounts (such as X (formerly Twitter)) for the latest announcements and blog posts.

  • Pi Network Official Website: (Usually `minepi.com` is the official website. Please check the URL carefully when accessing)
  • Pi Network Official X (Twitter) Account: (Check the official account name and follow it)

(The URLs above are general examples, and please search for the actual official website yourself using a search engine, etc., before accessing.)

Also Refer to Reliable Cryptocurrency News Sites

Major cryptocurrency news media may also report on important updates regarding Pi Network. However, the quality and neutrality of information may vary depending on the news site, so it is important to compare and consider multiple sources.

Joining the Community is Also an Option (But Carefully Evaluate Information)

Pi Network has a large user community worldwide. Participating in online forums or social media groups and exchanging information with other users is one way to deepen your understanding of the project. However, information within the community is often just personal opinions and experiences, and may include unconfirmed or incorrect information, so do not take all information at face value, and always cross-reference it with official information.

We hope this article helps you understand the interesting project called Pi Network more deeply and correctly. Encountering new technology will surely provide wonderful stimulation for thinking about our future.

6 power, and above all, the element of “time” holds the potential to gradually turn that grand dream into reality.

We would be delighted if this article helps you understand this new technology trend called Pi Network more deeply and maintain a balanced perspective between expectations and realistic views regarding its future. Without rushing, let’s patiently watch the fate of this unique project together.