Pi Network, which is gaining attention for easy mining on smartphones. Many people probably have questions and expectations like, “Will it really gain value?” or “When will it become fully usable?” This article will **explain in an easy-to-understand way for beginners** the **future Pi Network aims for after the Open Mainnet migration**, which many users are eagerly awaiting, and the **realistic path** to reach it, including statements from the founder at the international conference “Consensus 2025”. Let’s explore together the grand possibilities of Pi Network and the challenges that need to be overcome

Pi Network’s Current Position: Expectations and Reality for Open Mainnet

First, let’s clarify the basics: what stage Pi Network is currently in, and what exactly is the “Open Mainnet” that many people are eagerly awaiting. Understanding this is the crucial first step to deciphering the future of Pi Network.

As of May 2025, Pi Network is in the “Enclosed Network” phase. This refers to a state where the Pi blockchain itself is operational, but connections with external blockchains and exchanges are restricted. Users who complete KYC (identity verification) can transfer their mined Pi to their wallet on the mainnet, but they cannot yet freely transact with the outside world.

The project aims to transition to the “Open Mainnet” beyond that. When this is achieved, Pi Network will be connected to external networks, and there will be a possibility for Pi coins to be exchanged for other cryptocurrencies or fiat currencies on supported exchanges. This is truly the stage where the Pi Network ecosystem will fully connect with society and begin to demonstrate its true value.

The biggest point of interest is “When will it transition to the Open Mainnet?” According to official Pi Network announcements, the policy is to proceed with the transition cautiously after meeting several conditions (such as widespread KYC adoption and ecosystem maturity). While there is various information regarding the timing, the project team seems to prioritize the community’s readiness.

Announcement at Consensus 2025: The Founder Speaks on Pi Network’s Vision

Known as an international cryptocurrency conference held in 2025, “Consensus”. The content reportedly shared by Dr. Nicolas Kokkalis, the founder of Pi Network, about the project’s future at this event provides important clues for us to understand the direction Pi Network is heading.

Dr. Kokkalis spoke powerfully about the potential for **integration with AI (Artificial Intelligence)** and an **ecosystem consisting of thousands of applications (DApps)** deployed on Pi Network. This suggests that Pi Network is aiming to evolve beyond the realm of a simple cryptocurrency into a broader digital platform.

Particularly noteworthy is the construction of an ecosystem centered around **DApps (Decentralized Applications)**. This refers to new forms of services and platforms where users can interact directly with each other, without relying on specific companies or organizations. For example, this could include marketplaces using Pi, decentralized social media, or entirely new types of games. Dr. Kokkalis’s vision may indicate that Pi Network aims to provide tangible value to our daily lives and businesses through these DApps.

Furthermore, Pi Network also emphasizes its aspect as a “network of people” and seems to value a decentralized worldview that grows through the power of the community. The founder speaking directly about the vision at an event like Consensus can be said to be very significant in boosting community morale and deepening trust in the project.

The Path “Until Pi Network Truly Gains Value”

While there are high expectations for Pi Network, some experts calmly point out that there is still time and many challenges to overcome before the project establishes true value and builds a sustainable ecosystem. A cryptocurrency analyst referred to as “Dr. Altcoin” in YouTube content analyzes this path from a more realistic perspective. His opinion may be helpful for us to maintain a long-term view.

Perhaps some of you feel, “New technologies often sound like dreams at first, but it’s quite challenging until they become actually usable…” That’s exactly right, and Pi Network is no exception.

Lots of Apps, But Are the “Real Ones” Yet to Come? Current State and Challenges of DApps

It is said that many DApps already exist in the Pi Network ecosystem. While this might sound wonderful at first glance, Dr. Altcoin points out the possibility that many of these are still under development or are in a “half-baked” (incomplete) state lacking sufficient funding or clear direction.

This is because there is a view that Pi Network has not yet sufficiently established a **full-fledged venture support system (funding, technical guidance, marketing support, etc.)** to help promising development teams elevate their ideas into practical applications. No matter how brilliant an idea is, without a system to support it, the risk of many projects failing midway cannot be denied.

The Indispensable “Funding” and “Time” to Shape Ideas

So, assuming such a support system is in place, how long would it take for funding to reach promising projects? Dr. Altcoin’s analysis suggests that **project review and selection alone could take 6 to 12 months**, and it could take an **additional 3 to 6 months for funding to actually be provided**. This means that even if a brilliant idea is born today, it is entirely possible that it could take over a year before development funding is secured and the project truly gets underway.

This is not limited to Pi Network; it’s a common process when launching new projects. However, for users who are hoping, “I wish I could buy something with Pi soon?”, it might feel a bit long.

High-Quality DApp Development Requires Years

And even after securing funding, high-quality DApps won’t be completed immediately. Think about the convenient smartphone apps you use daily, such as messaging apps, shopping apps, or map apps. Those have undergone numerous updates after their release, listening to user feedback, and have taken many years to become the user-friendly forms they are today.

Dr. Altcoin believes that for DApps provided on Pi Network to grow beyond a simple MVP (Minimum Viable Product) with basic functions and become a **”polished” platform with scalability, integration with the real world, and the ability to attract even general users unfamiliar with cryptocurrency**, it will require **at least 1 to 2 years of development time**. This means that, counting from funding acquisition, a considerable amount of time is expected before truly practical DApps appear.

A Timeframe of “2.5 to 5 Years”

Considering these factors comprehensively, Dr. Altcoin predicts that it could take **approximately 2.5 to 5 years for Pi Network to complete a full-fledged ecosystem** equipped with mature DApps and practical use cases, and to be accepted by a wide range of users.

You might be surprised and think, “Wow, that long?” However, this is by no means a pessimistic figure; it can be said to be a very standard timeframe in the world of blockchain technology and new technologies. For example, even successful platforms like Ethereum took many years from their launch to build their current position. Perhaps what’s important is to watch the project’s growth with a long-term perspective, without rushing.

What Will Happen to Pi Coin’s Price? Expert Short-Term and Long-Term Predictions

When considering the future potential of Pi Network, perhaps the most concerning point is, “What will the price of Pi coin ultimately be?” There are various opinions on this, but let’s consider the short-term possibilities and long-term value by referencing Dr. Altcoin’s view.

Potential for Short-Term Price Spike Due to Exchange Listing and Points to Note

Dr. Altcoin predicts that if Pi coin is listed on a major cryptocurrency exchange in the near future, there is a **possibility that the token price could temporarily surge to around 2 to 3 dollars**. This would be big news for the community and might serve as material to overturn some skeptical views.

However, he simultaneously warns that this is primarily a **”typical cryptocurrency pump” driven by market expectations and speculative movements**, and if it is not accompanied by the actual value of the ecosystem, there is a risk that the price could fall just as quickly as it rose. It requires calm judgment, without being swept away by short-term enthusiasm like “everyone else is buying, so I will too.”

In fact, even now, before the Open Mainnet migration, Pi IOUs (I Owe You) are being traded on some exchanges, and their price shows very large fluctuations. According to source information, it’s a rollercoaster-like movement, with a rise of over 14% in the last month, followed by an 18% drop in the last 24 hours, and a further drop of nearly 3% in the last hour. This indicates how unstable the market is and how expectations and anxieties are intertwined.

True Value is Created by Being “Used”

In order to stabilize and increase the value of Pi coin in the long term, it is essential that the **Pi Network ecosystem matures and Pi coin is actually used for various goods, services, and value exchange**. It is only when attractive DApps and services appear that make people feel they “really want to use” Pi, and it becomes used in daily life, that true demand, not speculation, will be born, and the price is expected to stabilize.

The basic economic principle, “Ultimately, a new currency only gains value when everyone uses it,” applies here as well.

[Summary] What You Should Know If You Believe in Pi Network’s Future: Dreams, Reality, and Time

Up to this point, we have looked at the expectations for the future that Pi Network envisions and the realistic challenges and timeline to reach it, from various angles. Finally, let’s summarize some hints on how we should approach this grand project.

Pi Network has built a large user community around the world, called “Pioneers,” with its innovative approach that allows anyone to participate with just a smartphone. Their enthusiasm and expectations are a great driving force for the project.

The Importance of a Long-Term Perspective, Not “Getting Rich Quick”

However, as Dr. Altcoin’s analysis shows, it is important to understand the **possibility that it will take a long time, measured in years**, for Pi Network to build a truly mature ecosystem and for its value to be widely recognized by society. This does not mean that “Pi Network will fail,” but rather indicates the reality that “true value is not created overnight.”

If you have expectations for the future of Pi Network, it will be important to support it not only with a short-term perspective of “maybe I can get rich quick,” but also with a **long-term perspective of “what new value will this project be creating in a few years?”**

Are You Also a Part of Creating Pi Network’s Future?

The unique aspect of Pi Network is that its growth heavily depends on community participation and contribution. People who develop DApps, people who use them, people who trade goods and services using Pi, or people who spread information about Pi Network. In various ways, many people will be involved in the development of the ecosystem.

If you feel, “Maybe there’s something I can do too?”, it might be a good idea to follow information about Pi Network and participate in the community. Being involved in the dawn of a new technology is sure to be an exciting experience.

Next Step: Continue Gathering Information

The situation surrounding Pi Network is changing day by day. The content introduced in this article is merely information at the current time and one expert’s opinion.

After reading this article, did you feel like you wanted to know more about Pi Network? By all means, make it a habit to **always check the latest information on the official Pi Network website and reliable sources (such as the official blog or forums)**. And it might be interesting to think carefully about how you yourself can be involved in the future of Pi Network and what possibilities you feel.

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Pi Network is a project still on its journey, with a grand vision. Many difficulties and unexpected events are surely waiting along the way. However, the progress of technology, the power of the global community, and above all, the element of “**time**” hold the potential to gradually turn that grand dream into reality.

If this article helps you understand the new technology trend of Pi Network more deeply and maintain a balanced perspective of expectations and reality regarding its future, nothing would make me happier. Without rushing, let’s patiently watch the future of this unique project together.