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Onram.money Joins Pi Network KYB: What This Means for Easier Pi Coin Purchases and Key Considerations

Pi Network has grown into a project with tens of millions of users worldwide, striving to realize its grand vision of “cryptocurrency for everyone.” Indispensable to this vision is the KYB (Know Your Business/Customer) process, which ensures user trustworthiness and network health. Pi Network is currently in its “Enclosed Mainnet” phase, and its evolution is constantly watched.

Amidst this, there has been a recent development in Pi Network’s KYB section. Information has circulated within the community that new crypto on-ramp/off-ramp services, “Onram.money” and “Onramper,” have been added.

What impact will this development have on the future of Pi Network? And what possibilities will it open up regarding the “purchase” of Pi Coin, which many Pioneers have been interested in? This article objectively delves into the significance of Onram.money’s addition to the Pi Network ecosystem and important precautions Pioneers should be aware of.

Introduction: Pi Network’s Current State and the Importance of KYB

The grand vision of Pi Network is to create “cryptocurrency for everyone.” To achieve this, the KYB (Know Your Business/Customer) process, which ensures user trustworthiness and network health, is indispensable. This article focuses on a recent addition to the KYB section, Onram.money, and thoroughly explores its potential impact on the Pi Network ecosystem.

Pi Network’s Vision: It aims to build a fairer and more accessible cryptocurrency ecosystem, replacing centralized financial systems. Its ease of mining via smartphones has attracted many new users.
The Role of KYB (Know Your Business/Customer): This refers to identity verification for businesses and customers, essentially the same process traditional financial institutions use to prevent fraud and money laundering. In Pi Network, KYB plays a central role in ensuring ecosystem trustworthiness and security by verifying that real humans participate in the network and eliminating bots or fraudulent accounts. This maintains a healthy transaction environment and provides a foundation for a smooth transition to the future open mainnet.
Expectations for Mainnet Transition and Liquidity: Pi Network is currently in the “Enclosed Mainnet” phase, where the value of Pi is said to arise only from exchange for goods and services within the Pi ecosystem. During this phase, utility building within the ecosystem and community expansion are progressing. The addition of Onram.money/Onramper is noted as part of infrastructure development aimed at improving liquidity and preparing for a future open mainnet.

New Development in Pi Network’s KYB Section: The Emergence of Onram.money and Onramper

Pi Network’s KYB (Know Your Business/Customer) plays a central role in enhancing community safety and trustworthiness. Recently, two new services, Onram.money and Onramper, have been confirmed as added to this crucial section. Let’s explore what these services are and why they have been integrated into Pi Network now.

Previously, Pi Network’s KYB section displayed existing crypto asset services like Banxa and Simplex as partners, serving as gateways for users to access Pi with fiat currency. However, with this update, Onram.money and Onramper have been added as options.

These services are generally platforms that provide “on-ramp” functionality. An on-ramp refers to a service that acts as an “on-ramp to a highway,” allowing users to purchase crypto assets using fiat currency (e.g., Japanese Yen or US Dollars). Conversely, a service that exchanges crypto assets for fiat currency is called an “off-ramp.”

The intention behind Onram.money and Onramper appearing in Pi Network’s KYB section is believed to be part of infrastructure development, enabling Pi Network Pioneers (users) to access Pi Coin more easily and use it within the ecosystem in the future.

What is Onram.money? Its Functions and Impact on Pi Network Users

Onram.money, newly added to Pi Network’s KYB section, is a platform that provides crucial “on-ramp” functionality, connecting the world of crypto assets with the world of fiat currency. This section will delve into Onram.money’s specific functions, particularly its relevance to Pi Coin, and how it may impact Pi Network users.

Onram.money Overview and Key Functions

Onram.money is a platform that primarily offers “Buy and Sell and Swap Crypto” functionalities. It supports the trading of major cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), and USDT (Tether). A key feature is its ability to allow users to utilize various familiar payment methods.

Important Considerations Regarding Pi Coin “Purchase” Possibilities

Source information suggests the possibility of selecting “P” (presumably referring to Pi) on the Onram.money website and purchasing Pi Coin through local E-wallets (Shopee Pay, GoPay, Dana, etc.), QRIS, or bank transfers. This appears to be a groundbreaking solution, especially for Indonesian Pioneers, allowing access to Pi Coin without needing stablecoins like USDT.

However, here is the most critical point to note:

Pi Network is currently in the “Enclosed Mainnet” phase, and it is officially restricted from being listed on external exchanges or directly exchanged with fiat currency. The official value exchange of Pi is currently only possible through the exchange of goods and services within the Pi ecosystem.

Whether the “Pi” offered on Onram.money refers to Pi Network’s Mainnet Pi, Testnet Pi, or unofficial transactions anticipating the future Open Mainnet (e.g., something like an IOU or a service brokering P2P transactions) is uncertain information unless there is a clear statement from Pi Network official sources.

If Pi Network’s Mainnet Pi could be purchased with fiat currency on Onram.money, it could potentially contradict Pi Network’s current Mainnet policy, and the legality and safety of such transactions might not be guaranteed. Users are strongly advised to thoroughly review official Pi Network announcements and the terms and conditions of the platforms they use, acting at their own discretion and responsibility.

Supported Payment Methods and Fees

Onram.money supports a variety of payment methods. According to source information, the following methods are indicated, especially in Indonesia:

E-wallet: Dana, GoPay, Shopee Pay, etc.
QRIS: Indonesia’s unified QR code payment system, supporting multiple payment apps.
Bank Transfer

Fees for purchasing Pi Coin are also mentioned (e.g., for a 10,000 Rupiah purchase):

Gas fee: 300 Rupiah
Blockchain fee: 174 Rupiah (equivalent to 0.02 Pi)
Payment Gateway fee: 5,000 Rupiah

It’s important to note that these fees are Onram.money’s service fees and are not directly charged by Pi Network itself.

Global Expansion and Partnerships

Onram.money is stated to be available in over 60 countries and supports more than 400 tokens. It also emphasizes partnerships with major cryptocurrency exchanges, wallets, and projects, including:

Binance
MetaMask
Bybit
Coinbase
Circle
And others like BingX, Bookoin

These partnerships suggest that Onram.money is a platform with a certain level of trust and track record in the crypto industry.

Implications for the Pi Network Ecosystem and Future Outlook

Onram.money’s integration suggests Pi Network’s intention to improve user accessibility as it moves towards the Open Mainnet. We will consider what implications this development has for the entire Pi Network ecosystem and how it connects to future prospects.

Possibilities for Pi Network

Improved Accessibility: If Onram.money were to handle Pi Network’s Mainnet Pi safely and legally, many Pioneers might be able to easily purchase Pi Coin with fiat currency. Especially by supporting region-specific payment methods, Pi Network could potentially expand to layers that were previously difficult to access.
Promoting Ecosystem Participation: Easier Pi Coin purchases could vitalize participation in DApps (decentralized applications) within the Pi app and services within the Pi ecosystem, potentially increasing Pi Coin’s utility.
Infrastructure Development for Future Open Mainnet: A fiat gateway is essential when Pi Network transitions to an Open Mainnet. The integration of services like Onram.money can be seen as a preparatory stage for this.

Challenges to Overcome and Precautions

While expectations are high, there are also challenges to overcome and precautions to consider.

Securing Official Pi Coin Liquidity: As mentioned, Pi Network is still in the Enclosed Mainnet phase, and official exchange listings or direct fiat currency exchanges for Pi Coin are restricted. If “Pi Coin purchase” on Onram.money indeed refers to Mainnet Pi, it must align with Pi Network’s official movements. A clear announcement from the Pi Core Team is awaited on this matter.
Regulatory Compliance: Regulatory frameworks for crypto assets are evolving worldwide. If a service like Onram.money partners with Pi Network to enable fiat currency exchange, compliance with each country’s regulations is crucial.
User Understanding and Literacy Improvement: When new technologies and services are introduced, it is essential for users to correctly understand their mechanisms and risks. Especially in crypto asset transactions, it is necessary to always verify official information sources and make calm judgments to avoid being misled by scams or misinformation.

Integrating external services like Onram.money has the potential to accelerate Pi Network’s development towards realizing its vision. However, this process should proceed cautiously and transparently.

Summary: Pi Network’s Evolution and What You Need to Know

The addition of Onram.money to Pi Network’s KYB section holds the potential to signify a major step towards improved Pi Coin accessibility. Onram.money’s fiat on-ramp functionality and diverse payment methods have the potential to lower the barrier to entry for crypto assets, especially for users in emerging countries.

However, it is crucial to correctly understand the true significance of this development and maintain a calm perspective without excessive expectations. Specifically, it must not be forgotten that Pi Network is currently in the “Enclosed Mainnet” phase, and it is officially restricted from being listed on external exchanges or directly exchanged with fiat currency. Regarding how the suggested “Pi Coin purchase” on Onram.money aligns with the current rules of Pi Network, continued attention to official announcements from the Pi Core Team is necessary.

Pi Network continues to steadily build its ecosystem to realize its vision. Partnerships like Onram.money hold the potential to be a crucial part of this process, but understanding based on accurate information and cautious judgment at your own responsibility are always required.

While anticipating Pi Network’s further development, always check official information and strive for safe and knowledge-based actions.

Next Steps: Deep Dive into Pi Network Information

Staying updated on Pi Network’s latest developments and official announcements is essential for understanding its progress. Let’s delve deeper into knowledge and observe Pi Network’s evolution using the following methods:

Regularly check the Pi Network official website and in-app announcements: These are the most reliable sources of information. Important updates will be announced here.
Acquire basic knowledge of cryptocurrency and blockchain: To deeply understand Pi Network, fundamental knowledge such as crypto on-ramp/off-ramp, P2P transactions, and blockchain mechanisms will be helpful. Utilize reliable learning resources.
Caution: Always be vigilant against Pi Network-related scams and misinformation, and be careful not to easily share personal information or wallet passphrases.

We hope this information helps you understand the current state and future of Pi Network. The Pi Network journey has just begun. Let’s observe its evolution with a calm and informed perspective.

[Latest 2025] Will Pi Network’s Price Crash? A Data-Driven Analysis of the ‘Oversupply’ Theory | Lockup Mechanism & Future Prospects

Introduction: What Will Your Pi Be Worth in the Future? Hopes and Concerns Many People Share

Pi Network has garnered global attention as a cryptocurrency that can be easily mined on a smartphone. However, the question, “What will be the value of the Pi I’ve mined in the future?” is a common concern among many Pioneers (participants). Recently, in particular, there have been whispers that “Pi might flood the market, causing its price to crash.”

This article delves into the truth behind these concerns. We will objectively analyze the current supply, the “lockup” mechanism that holds the key to its price, and plausible future scenarios based on data, elevating your understanding of Pi Network to the next level.

For Those Who Want the Conclusion First: Three Key Points on Pi’s Future Price

For those short on time, here are the core takeaways of this article summarized in three points.

Supply Pressure is Real: Billions of Pi have already been issued, and it’s a fact that this could become future selling pressure.
Lockup is Key: However, the majority of this supply is isolated from the market through the “lockup” mechanism. This system acts as a price stabilizer.
Value Depends on Utility: The ultimate price depends not only on supply but also on how widely Pi is used in the real world (utility).
What is Pi Network’s “Current State” Anyway? Basic Knowledge Before Discussing Price

Before discussing Pi’s price, it’s crucial to accurately understand what stage Pi Network is currently in.

Enclosed Mainnet (Closed Mainnet)

Currently, Pi Network is in the “Enclosed Mainnet” phase. This means that while the blockchain itself is operational, its connection to external exchanges is intentionally restricted. In other words, Pi is not yet officially listed on any cryptocurrency exchange.

What is “IOU Trading”? The True Nature of Currently Observed Prices

So, what are the “Pi prices” seen on some exchanges or websites? In most cases, this is the trading price of an “IOU (I Owe You – a certificate of debt).” This represents the right to exchange for real Pi when the Open Mainnet is launched in the future, and it is not the official price of Pi. Currently, these IOUs are sometimes traded around $0.5 in the market, but it’s important to note that this is merely speculative movement in an unofficial market and does not reflect the project’s true value.

Migration: Moving Your Pi to Your ‘Real Account’

To actually use the Pi you’ve mined, a process called “Migration” is required. This can be understood as the official transfer of your app records (temporary account balance) to your wallet on the blockchain (your real account). So far, over 12 million users worldwide have completed this process.

Core Data: How Much Pi is in Circulation? Analyzing the Current Supply

Now, let’s look at the data regarding one of the most crucial factors affecting price: “supply.” While there’s information suggesting “7.4 billion Pi have been supplied,” this figure refers to a past point in time.

While the exact number is constantly changing, the important fact is that “billions of Pi have already been migrated to users’ wallets.” This vast amount represents the source of potential “selling pressure” that could enter the market in the future. This fact underpins the concern that “Pi is oversupplied and will crash.”

A Price Stabilizer? The Lockup Mechanism and its Significant Impact

When discussing supply, the “lockup” mechanism is absolutely indispensable. This can act as a powerful brake or accelerator for Pi’s price.

Purpose of Lockup

The primary purpose of lockup is to prevent a massive sell-off of Pi immediately after transitioning to the Open Mainnet (a stage where anyone can trade freely). It is a critically important price stabilization mechanism designed to artificially control market supply and buy time for the ecosystem to mature.

Mechanism Explained Simply

Lockup is set voluntarily by users. Its mechanism is similar to a bank’s “time deposit.”

By “locking” a portion of their held Pi (25% to 100%) for a certain period (2 weeks to 3 years), users are given an incentive: an increase in the amount of Pi they earn through mining.

Once a lockup is set, that Pi cannot be moved until the period expires. This irreversibility contributes to market stability.

Impact on Current Situation

Most notably, a significant portion of the Pi that has actually been migrated is prevented from circulating in the market for extended periods due to this lockup system. This significantly alleviates the aforementioned “billions of Pi selling pressure” at present.

What About Future Price? Two Possible Scenarios

Based on the information so far, let’s look at plausible scenarios for Pi’s future price from an objective perspective.

Scenario 1: Manifestation of Downward Pressure

A pessimistic scenario could occur as lockup periods (e.g., 1 year or 3 years) sequentially expire. If the amount of Pi released into the market increases and is not met by sufficient buying demand, the price could fall. If many users move to secure profits simultaneously, it would create significant selling pressure.

Scenario 2: Uplift Driven by Utility

The key to an optimistic scenario is the creation of real demand, or utility, where people “want to use Pi.” If more apps and stores allow purchases of goods and services with Pi, and Pi becomes deeply rooted in the community as a convenient payment method rather than just a speculative asset, buyers and users may outnumber sellers, leading to price stability or appreciation. Furthermore, if an official listing on a major exchange like Binance were to materialize, trustworthiness and liquidity would significantly increase, potentially becoming a major factor in pushing up the price.

Conclusion: How Should We Approach Pi Network’s Future?

The future value of Pi Network will be determined by the tug-of-war between the unavoidable selling pressure from “supply” and the two forces of “stabilization through lockup” and “demand creation through ecosystem growth.”

Instead of fluctuating with the short-term movements of unofficial IOU prices, it is most crucial to adopt a long-term perspective on how concretely the project’s vision of “building the world’s most widely used cryptocurrency ecosystem” will progress. This will be key to discerning Pi’s true value.

We hope this article has helped deepen your understanding of Pi Network.

Next Steps
Check official information: To identify reliable information, regularly check announcements within the official Pi Network app and the official blog.
Read the Whitepaper: To understand the project’s philosophy and detailed mechanisms, we recommend reviewing the Whitepaper from the official website.

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

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

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

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

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

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

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

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

Network Growth Through Data: Key Indicators from a Specific Period

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

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

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

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

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

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

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

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

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

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

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

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

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

Strengthening Technical Infrastructure to Support Mass Adoption

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

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

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

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

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

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

Summary and Next Steps

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

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

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

The Pi Ecosystem and Future Value Through the Pi Browser: A Comprehensive Guide

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“Pi Network, which is gaining attention worldwide as a way to easily mine on your smartphone. Are you also wondering, ‘What is the current price of Pi Coin, after all?’ or ‘Will it really gain value in the future?’ and are curious about its movements? This article provides a thorough explanation, easy for those without specialized knowledge, of the latest information regarding Pi Network’s ‘price’ as of 2025, how to peek into its ecosystem using Pi Browser, and the future value Pi Network aims for. Let’s explore the present and potential of Pi Network together!”

Pi Network’s Current “Price” Status: 3 Basic Things You Should Know First

Before looking at specific price information for Pi Coin, let’s cover the basic points about what stage Pi Network is currently in and how you should think about “price.” Understanding this is the first step to correctly interpreting information about Pi Network.

1. It’s Currently the “Enclosed Mainnet” Period – What Does That Mean?

Pi Network is currently in a phase called the “Enclosed Mainnet.” This means that while the Pi Network blockchain is operational, free connection with external blockchain networks and general cryptocurrency exchanges is intentionally restricted. You could compare it to a new city under construction, where entry is still restricted to those involved.

The main objectives of this period are as follows:

Promoting KYC (Know Your Customer) and preparing for the migration of mined Pi to the Mainnet: To verify that many users are genuine individuals, prevent fraud, and enable the safe transfer of previously mined Pi to Mainnet wallets.
Building and testing utilities (practical apps and services) within the Pi Network ecosystem: Developers are building various applications (DApps) on the Pi blockchain to increase the places where Pi Coin can actually be used.
Ensuring network stability and security: Thoroughly testing the overall system operation and fixing issues before full open access.

This Enclosed Mainnet period is positioned as an important preparatory phase for the “Open Mainnet” that Pi Network aims for in the future. As of May 2025, Pi Network is still in this Enclosed Mainnet period and has not transitioned to the Open Mainnet.

2. Pi Coin Does Not Yet Have an “Official Price” – What Are the Prices You See?

Because it is in the “Enclosed Mainnet” period, as of now (May 2025), Pi Coin does not have an “official price” widely agreed upon in the market, like Bitcoin or Ethereum. If you see information online stating “1 Pi Coin = $〇〇,” it is highly likely to be one of the following:

IOU (I Owe You) type trading prices on some unofficial exchanges: This involves buying and selling the right to exchange Pi Coin when it becomes actually tradable in the future. It is not officially recognized by the Pi Network team. Price fluctuations are volatile, and the risk is high.
“Reference prices” within specific marketplaces or apps in the Pi Network ecosystem: On some platforms accessible within the Pi Browser (discussed later), prices for goods and services may be listed in Pi Coin. However, these are merely experimental attempts within those platforms or based on local agreements between operators and participants, and do not represent the official value of the entire Pi Network.
Wishful thinking or target prices within the community (e.g., GCV): Some community members may propose specific prices as a wish or goal (“we want it to be worth this much”), but this is also different from an objective market price.

It is important to understand that these prices do not guarantee the actual value of Pi Network. True price formation is expected to begin in the future, after transitioning to the Open Mainnet and becoming freely tradable on many exchanges.

3. The Importance of KYC (Know Your Customer) – Why Is It Necessary?

In Pi Network, the KYC (Know Your Customer) process is highly emphasized. This is to verify that users are real individuals and are adhering to the principle of one account per person. Why is KYC so important?

Exclusion of fraudulent accounts and improvement of network reliability: Prevents unfair mining by bots or multiple accounts, enhancing the fairness and reliability of the entire Pi Network.
Compliance with laws and security assurance: In many countries and regions, KYC is legally required for financial services and cryptocurrency transactions, also serving the purpose of preventing fraudulent activities like money laundering.
Prerequisite for Pi migration to Mainnet: In principle, users must complete KYC to transfer the Pi Coin they have accumulated in the mining app to their usable wallet on the Mainnet.

While it might feel like a hassle, KYC is a crucial step for Pi Network to build a healthy ecosystem and for Pi Coin to become a trusted currency in the real world in the future.

What is Pi Browser? The Gateway to the Pi Network Ecosystem

To actually experience the world of Pi Network and explore its potential, the dedicated app called “Pi Browser” is essential. This is a mobile browser provided separately from the main Pi Network app, serving as a “gateway” to access various Pi services and applications (DApps) under development. Here, we will guide you through the basic role of Pi Browser and how to access information within the ecosystem, in a way that is easy for beginners to understand.

Let’s Install Pi Browser (Simple Steps)

Using Pi Browser is easy.

First, open the Pi Network mining app on your smartphone.
From the app’s menu (usually the three-line icon in the top left, etc.), select “Pi Browser” or a similar item.
Follow the on-screen instructions to install the Pi Browser app from your smartphone’s app store (Google Play Store or Apple App Store).
After installation, launch Pi Browser again from the Pi Network mining app, and it will automatically link with your Pi account.

Now you are ready to explore the Pi Network ecosystem!

What Can You Do with Pi Browser? The Expanding World of Pi Network

When you launch Pi Browser, several initial icons may be displayed, or you can enter URLs to access various websites. Specifically related to Pi Network, you can do the following with Pi Browser:

Access your Pi Wallet: You can access the wallet function to manage your Pi Coin. You can check your balance and send/receive Pi Coin to/from other Pioneers (Pi Network users) (after completing KYC and migrating Pi to Mainnet).
Use DApps (Decentralized Applications) within the Pi Network ecosystem: You can try out various applications being developed on the Pi Network blockchain. This includes marketplaces, games, social media, developer tools, and more.
Check for the latest information: Official announcements from the Pi Network Core Team and information about the ecosystem may also be provided through Pi Browser.
Participate in development (for developers): If you are an app developer, you can also access tools and information to develop and test DApps that run on the Pi platform.

Pi Browser is a manifestation of Pi Network’s intention to build an “economic zone (ecosystem)” where Pi Coin is actually used, rather than just being a mining app.

Explore with Pi Browser! The Reality of Marketplaces and “Reference Prices” within the Ecosystem

Now, let’s use Pi Browser to see how Pi Coin is handled within the Pi Network ecosystem, looking at examples of some places referred to as marketplaces and the “reference prices” seen there. Again, please note that the prices introduced here are merely those independently presented by each platform and do not represent the official value of Pi Network. This information should be viewed as a reference point for imagining the activity of the Pi Network community and the future use cases of Pi Coin.

Caution! The Prices Displayed Are Not the “Overall Market Consensus Price”

On marketplaces and e-commerce-like platforms you might find within Pi Browser, prices may be displayed in Pi Coin, such as “Product A is 〇〇 Pi” or “Service B is △△ Pi.” Seeing this and jumping to the conclusion, “This is the current value of Pi Coin!” is prohibited.

Many of these platforms are:

Likely projects by independent developers or community groups, not directly operated by the Pi Network Core Team.
Often still in the testing phase or experimental attempts, and the safety and continuity of transactions are not guaranteed.
The listed Pi prices are often based on local agreements or wishful thinking among the platform operators and participants, and do not reflect the overall market value of Pi Network.
Whether transactions are actively taking place and if there is sufficient liquidity varies greatly depending on the platform.

It is important to understand these points and calmly observe the information, viewing it merely as “one of the attempts within the Pi Network ecosystem.”

Case Watch: P Bartermall, Marketplace314159, UP Global Mall, etc. – What is Being Traded? What are the Price Trends?

The source information provided (YouTube video) mentioned platforms like P Bartermall, Marketplace314159 (Mall314159), and UP Global Mall. How actively these platforms are actually operating within Pi Browser, what kinds of goods and services are listed in Pi Coin, and the trends in their pricing can constantly change.

Generally, on such platforms, a wide variety of items may be listed, including daily necessities, digital content, services, or even just test listings. Pricing can also vary greatly, from very inexpensive items to those that, when converted to real fiat currency value, seem unrealistically high. This can be seen as a reflection of the fact that the value of Pi Coin is not yet established.

When using these platforms, please be aware of the following points:

Reliability of the operator: Check who is operating it and if there is any official connection with Pi Network.
Transaction safety: Be cautious when entering personal information or wallet details, and be careful not to get involved in fraudulent transactions.
Price appropriateness: Calmly judge whether the listed Pi price is significantly different from general market values.

These platforms can be seen as a reflection of the community’s enthusiasm in exploring ways to use Pi Coin, but it is important to understand that they are not yet established markets at this point.

What is GCV (Global Consensus Value)? The Truth and Reality of the 1 Pi = $314,159 Rumor

Within the Pi Network community, especially among enthusiastic supporters, the term GCV (Global Consensus Value) is frequently discussed. Among these, a specific numerical value of “1 Pi = $314,159” is sometimes spoken of as the GCV. This is a symbolic price setting based on the value of Pi (π ≈ 3.14159), and it has spread among some users as a movement or wish that “Pi Coin should have this much value in the future” or “Let’s form a consensus to trade Pi at this price.”

However, there are important points to understand about this GCV:

It is not a price set by Pi Network official: GCV is not a price officially announced or guaranteed by the Pi Network Core Team. It is merely a concept led by a part of the community.
It differs from the principles of market economics: Normally, the price of an asset is determined by the balance of supply and demand in the market. Even if a specific community unilaterally sets a price, if it is not accepted by the market as a whole, a discrepancy will arise from the actual trading price.
Its realization is unknown: For 1 Pi to be worth approximately $310,000, Pi Network would need to have an economic scale and practicality far exceeding the world’s major currencies and giant IT companies today. This is a very ambitious goal, and objectively evaluating its feasibility at this point is difficult.

GCV reflects the enthusiasm and dreams of people who believe in the potential of Pi Network, and it may have the aspect of strengthening community cohesion. However, it is important to calmly recognize it not as a definitive future value of Pi Coin, but merely as “one goal” or “a movement within the community.” Be careful not to confuse facts with desires.

Why is Price Information So Disparate? Hints to Understanding the Current Situation

As we have seen so far, information regarding the “price” of Pi Coin is very diverse and can sometimes feel contradictory. Why is this situation the case? Several reasons can be considered.

The project is still under development: Pi Network is still in the Enclosed Mainnet period, and full-scale market price formation has not yet begun. Therefore, there is no clear standard price.
Lack of liquidity: Because the official market where Pi Coin can be freely bought and sold is limited, there is not enough trading volume (liquidity). Even small transactions or individual agreements can make the apparent “price” seem to fluctuate greatly.
Speculative movements and expectations: Unrealistic prices may be discussed due to the expectations of people hoping for future value increases or by some information disseminators trying to attract attention.
Diverse opinions within the community: Pi Network has many users worldwide, and each has different ideas and expectations about the value of Pi Coin. Movements like GCV are one example of this.
Information asymmetry: Accurate information about the project and development progress is not necessarily conveyed equally and timely to all users.

In such a situation, it is important not to take a single piece of information at face value, but to compare multiple sources and carefully check announcements from the official Pi Network website. Be especially wary of sweet talk like “you’ll get rich quick” or “the price is guaranteed.”

What Determines the True Value of Pi Network? The Present and Future of “Utility”

For Pi Coin to be truly recognized as something “valuable” in the future, simply having many people hold it is not enough. It is essential to have a rich existence of concrete “use cases,” or utility, where Pi Coin can actually be used to buy something or use a service. The Pi Network project also regards the construction of this utility as a very important goal. Here, let’s look at the current state of Pi Network’s utility and future prospects.

“Utility” is the Source of Pi Network’s Value

The word “utility” might sound a bit difficult, but simply put, it means “usefulness” or “practicality.” In the world of cryptocurrency, utility refers to how that coin or token can be used in the real world or digital space.

For example:

Can be used for payment at stores
Can be used as payment for specific online services (games, social media, storage, etc.)
Required for executing smart contracts
Functions as participation rights or voting rights in a specific community

These are examples of utility. What Pi Network aims for is for Pi Coin to have such diverse use cases and become something that many people find “convenient to hold” or “want to use.” It is believed that the more utility is enhanced, the higher the demand for Pi Coin will become, which could potentially lead to value stability or increase as a result.

What Use Cases Exist Now? Examples of Notable Pi Network Apps and Services

The Pi Network ecosystem is still under development, but among the DApps accessible through Pi Browser, some are showing the beginnings of utility. The following are examples of utility sometimes mentioned in the Pi Network community or official information (however, not all of these apps and services are completed and widely practical).

Map of Pi: An app aiming to connect local stores and service providers with Pioneers (Pi users) and promote local transactions using Pi Coin.
Game platforms: Development is underway for game apps where Pi Coin can be used as in-game currency or where players can earn Pi by playing. (The source information mentioned “fruit,” but it is unclear if this is a specific game name or category.)
Marketplace DApps: The aforementioned P Bartermall and others can be said to be attempts aiming to be platforms where goods and services can be bought and sold with Pi Coin.
Developer tools and services: Tools and platforms that support DApp development on the Pi Network are also part of the utility.
In addition, various ideas such as social media, content sharing platforms, job matching services, etc., are being proposed by the community and development is progressing.

The Pi Network Core Team regularly holds hackathons (development contests) and encourages the creation of utility by the developer community. What kind of practical and attractive DApps appear in the future will be very important in predicting the future of Pi Network.

Ecosystem Expansion is Key! The Role of the Developer Community

To increase the utility of Pi Network and enrich the entire ecosystem, the efforts of the Pi Network Core Team alone have limitations. This is where the global developer community plays a crucial role.

Pi Network aims to provide an environment where developers can freely create new applications and services using Pi’s blockchain technology and platform. This is expected to allow diverse ideas that the Core Team alone might not conceive to take shape, and for the ecosystem to grow organically.

Recently, there have been moves to partially relax the pre-approval process for developers publishing DApps on the Pi Network Mainnet, promoting more open and rapid innovation. The more active and talented the developer community grows, the more attractive the Pi Network ecosystem will become, and the utility of Pi Coin will also improve.

We, as general users, can also indirectly contribute to the development of the ecosystem by trying out new DApps through Pi Browser and providing constructive feedback.

Future Price and Potential of Pi Network: The Goal is Open Mainnet Migration, But What is the Current Situation?

Now, let’s discuss the future price and potential of Pi Network, which is likely what many people are most interested in. A major milestone for the project is the transition to the “Open Mainnet,” which is set as a future goal. However, as of May 2025, Pi Network is still in the “Enclosed Mainnet” phase and has not transitioned to the Open Mainnet. It is important to correctly understand this current situation before looking at future prospects.

What Will Change if “Open Mainnet Migration” is Achieved (Future Outlook)

Assuming that Pi Network transitions to the “Open Mainnet” in the future, the following changes can be expected. Please note that this is merely a future possibility and not the current situation.

Connectivity with external blockchains: The Pi Network blockchain may become capable of interacting and collaborating with other major blockchain networks like Bitcoin and Ethereum.
Possibility of listing on major cryptocurrency exchanges: If this is realized, Pi Coin could be freely bought and sold on a public market with more participants, potentially leading to price formation based on market principles.
Further expansion of the Pi Network ecosystem: External developers and companies may find it easier to freely deploy services and businesses on the Pi Network platform.

Conditions for Open Mainnet Migration and the Current Situation

The Pi Network Core Team has outlined several specific conditions for transitioning to the Open Mainnet. It is believed that the Enclosed Mainnet period will continue until these are met. The main conditions are as follows:

Large-scale completion of the KYC (Know Your Customer) process and migration of Pi to the Mainnet.
Building and maturation of diverse apps with true utility within the Pi Network ecosystem.
External environment (market conditions, regulations, etc.) being favorable for the transition to Open Mainnet for the project and community.

As of May 2025, there has been no official announcement that these conditions have been fully met, and Pi Network is in the stage of continuing the operation of the Enclosed Mainnet and developing towards achieving these goals. The specific timing for the transition to Open Mainnet is undecided, and we must await an official announcement from the Pi Network Core Team. While there have been various speculations and unofficial information in the past, it is important to accurately recognize that the current situation is Enclosed.

What Will Happen to Pi Coin Price After Migration? (This is Just an Uncertain Future Discussion)

Assuming that Pi Network transitions to the Open Mainnet in the future and Pi Coin becomes tradable on exchanges, no one can say for sure what its price will be at this point. The price is influenced by a great many factors, including market supply and demand, project reliability, the spread of utility, macroeconomic conditions, and more.

Various price predictions exist, but they are merely predictions and are not guaranteed. Especially in the current “Enclosed Mainnet” situation, a market price for Pi Coin has not been formed, and it is impossible to accurately foresee the future price. Please be very careful not to be misled by easy money schemes or information that guarantees “the price will definitely go up.”

Challenges Pi Network Must Overcome to Build Long-Term Value

For Pi Network to not just be a temporary topic but to grow as a project with long-term value, it must overcome several important challenges. This is true both during the Enclosed Mainnet period and as it aims for the Open Mainnet in the future.

Ensuring technical stability and scalability: Maintaining and developing a robust blockchain system that can support a user base of tens of millions and process numerous transactions quickly and securely.
Building and popularizing truly practical utility: Creating a wealth of attractive and convenient DApps and services within the ecosystem that many people will want to use daily, and making them widespread.
Appropriate response to regulations: Regulations regarding cryptocurrency and blockchain technology are constantly changing in each country. For Pi Network to expand globally, it must comply with these regulations and respond appropriately.
Maintaining and engaging the user community: Maintaining an active and healthy user community and providing incentives for users to actively participate in the Pi Network project.
Improving project transparency and reliability: Disclosing information regarding development progress and operational policies to the community in a timely and transparent manner to build trust.

Overcoming these challenges one by one will lead to the long-term success of Pi Network and the sustainable value formation of Pi Coin.

Summary: Understand the “Present” of Pi Network and Approach the Future Wisely

This time, we have looked in detail at the situation regarding Pi Network’s price as of 2025, exploring the ecosystem through Pi Browser, and its future potential.

Pi Network is an ongoing project that has attracted the interest of many people with its innovative approach of mining using smartphones and is being developed with a grand vision. It is important to note that as of May 2025, Pi Network is in the “Enclosed Mainnet” period and has not yet transitioned to the Open Mainnet. Therefore, there is no “official price” for Pi Coin, and “reference prices” are being presented within various attempts in the ecosystem.

The transition to “Open Mainnet” is set as a future goal, but its realization depends on several conditions, and the specific timing is undecided. It is important to correctly understand this current situation and calmly observe the project’s progress.

What is important for us users is not to take information about Pi Network at face value, but to examine information from various angles and prioritize official announcements from the Pi Network Core Team. Without excessive expectations of “getting rich quick” or being swayed by information that “guarantees price increases,” if you are interested in the potential of the decentralized digital economy that Pi Network aims for and its technical challenges, becoming involved as a member of the community might be one option.

We hope this article helps you understand the “present” of Pi Network and approach its future wisely.

Q&A: Frequently Asked Questions About Pi Network

Finally, we have compiled some points that many people wonder about Pi Network in a Q&A format. Please use this to help resolve any questions that were not fully answered in this article.

Q1. When can I exchange Pi Coin for Japanese Yen or other cryptocurrencies?

A1. Currently (as of May 2025, during the Enclosed Mainnet period), it is generally not possible to officially exchange Pi Coin for Japanese Yen or other major cryptocurrencies. It is expected that such exchanges will become possible in the future if Pi Network transitions to the Open Mainnet and Pi Coin is listed on domestic and international cryptocurrency exchanges. However, there has been no official announcement from the Pi Network Core Team regarding the specific timing of this. Currently, it is Enclosed, and exchange is not possible.

Q2. Is Pi Network safe? I’m worried it might be a scam project…

A2. Pi Network was started by a team with PhDs from Stanford University and has been under development for several years, with many users participating. However, new cryptocurrency projects always carry risks, and their future value or success is not guaranteed. Regarding whether it is a scam, there are various opinions, but the project itself does not conduct schemes that directly request money (such as ICOs) (although there is a KYC process). The important thing is to always check official information, thoroughly manage your personal wallet information and private keys, and absolutely not fall for unrealistic solicitations like “you will definitely make money.”

Q3. Is it too late to start Pi Network now?

A3. Pi Network has not yet transitioned to the Open Mainnet, and the project is still under development. Therefore, it is possible to start mining anew. However, the mining rate (the amount of Pi Coin obtained per unit of time) may have decreased compared to the initial stages. Whether or not to join Pi Network should be decided not for speculative purposes expecting large returns in a short period, but by considering whether you resonate with the project’s philosophy, technology, and community, and if you can be involved from a long-term perspective.

Q4. Are there any precautions when using apps in Pi Browser?

A4. You can access various DApps through Pi Browser, but many of them are still under development or developed by third parties not officially affiliated with Pi Network. When using them, please be aware of the following points:

Check the provider: Check if the app provider is trustworthy and if it is recommended by the Pi Network Core Team.
Check permissions: If an app requests access to your wallet or personal information, carefully consider the necessity and only grant permission if you deem it trustworthy.
Sending Pi Coin: Do not easily send large amounts of Pi Coin to uncertain apps or services.
Possibility of bugs or glitches: Be aware that unexpected bugs or glitches may occur in apps that are in the testing phase.
Wallet security: Absolutely do not share your Pi wallet passphrase (private key) with anyone else, and store it in a safe place. This is a fundamental principle for using Pi Network, not limited to using apps within Pi Browser.

If you find anything suspicious or unclear, it is recommended to check with the official Pi Network community or reliable information sources.

Pi Network: 2000th Day Milestone and the Path to Open Network

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Hello everyone! This time, we will provide you with the latest information about Pi Network. Pi Network reached its 2000th day on September 4, 2024, celebrating its progress so far. Let’s take a closer look at the current status of Pi Network as it reaches this milestone and its future prospects.

Pi Network’s 2000-Day Milestone

Pi Network reached its 2000th day since its official launch on March 14, 2019. This milestone symbolizes the community’s continuous efforts and progress towards the vision of providing an inclusive online experience for users worldwide. Pi Network is steadily moving forward in building a peer-to-peer ecosystem.

Current Status and Transition to Open Network

Currently, Pi Network is in the “Enclosed Mainnet” phase, and trading on exchanges or conversion to fiat currency is not yet permitted. Users should be careful never to share their Pi wallet phrase with others. The wallet phrase is a crucial key to protecting your Pi assets.

Important Dates and Future Prospects

The deadline for the KYC (Know Your Customer) process is approaching in one month, which will be an important step towards Pi Network’s transition to the “Open Network”. This will allow the Pi Network ecosystem to expand further and provide a better experience for users worldwide.

Summary

Pi Network has reached its 2000th day and is progressing smoothly. As the transition to the Open Network approaches, it is important for users to continue to be careful and maintain the security of their Pi wallets. Let’s look forward to future updates and continue to check the latest information on Pi Network.