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Unveiling Pi Network’s ‘Open Network’: A $100M Fund and Gaming Drive Its Utility-Focused Future

For years, Pi Network has captured global attention with its innovative approach to mobile mining. Many users have eagerly anticipated its future potential, particularly the opening of the ‘mainnet’ and the concrete utility of their earned Pi coins.

Now, Pi Network is transitioning into a new phase called ‘Open Network,’ reaching a critical juncture where these expectations will be put to the test. Approximately 100 days into this transition, Pi Network is demonstrating tangible efforts to build a cryptocurrency ecosystem that prioritizes ‘utility’ rather than being merely a speculative asset. Will Pi truly become a ‘usable’ cryptocurrency deeply rooted in our daily lives?

This article delves into what has transpired in the first 100 days since Pi Network’s Open Network transition, exploring the core of its vision and concrete strategies to accelerate its ecosystem, all based on reliable information. We particularly focus on the newly established $100 million fund, ‘Pi Network Ventures,’ and the potential of the gaming sector it prioritizes, unraveling the future of ‘utility’ that Pi Network aims for.

## Long-Awaited Realization: The Significance of Pi Network’s ‘Open Network’ Launch

Pi Network, which has attracted global attention through mobile mining, has transitioned into the ‘Open Network’ phase, a stage where its true value will be tested. This section deeply explores how this transition connects to Pi’s envisioned future and its profound significance.

### Pi Network’s Journey: Over 6 Years of Development and Mobile Mining

Since its launch in 2019, Pi Network has garnered tens of millions of users worldwide, thanks to the ease of mining Pi coins for free via a smartphone app. Its core concept was to expand the potential of blockchain technology to ordinary people without specialized knowledge. However, previous stages primarily focused on technological development and user base expansion, with a cautious approach to the so-called ‘open mainnet’ transition.

### What is ‘Open Network’?: The Path to Utility and Universal Access

The ‘Open Network’ that Pi Network aims for signifies not just a complete technical infrastructure but also an environment where external connections are actively fostered, and Pi coins can be genuinely utilized. Specifically, it means external companies and developers can build services on Pi’s blockchain, allowing users to conduct peer-to-peer (P2P) transactions directly with Pi coins and interact within various applications.

Pi Network’s ambition from the outset has been to create a cryptocurrency accessible to everyone and useful in daily life. This transition to ‘Open Network’ is a crucial step towards realizing that vision.

This reflects Pi Network’s fundamental philosophy of pursuing ‘utility’ through real-world problem-solving and value provision, rather than merely being an object of ‘speculation’ where cryptocurrency values fluctuate.

## Catalyst for Ecosystem Acceleration: The Role of the $100 Million ‘Pi Network Ventures’ Fund

To materialize its ‘Open Network’ vision, Pi Network has launched a large-scale funding program. This section explains how this $100 million fund aims to contribute to the ecosystem’s growth.

### What is ‘Pi Network Ventures’?: Fund Allocation and Objectives

One of the most notable developments in the first 100 days after the Open Network transition was the launch of ‘Pi Network Ventures,’ a $100 million investment fund. This fund, composed of both Pi coins and US dollars (USD), has been allocated to support startups and projects contributing to the strengthening of the Pi ecosystem.

This fund has three distinct strategic objectives:

* **Promote Pi Utilization:** Create more opportunities for Pi coins to be used in more places and more frequently.
* **Stimulate Economic Activity on the Network:** Develop an environment where users and businesses can create and exchange economic value within the Pi ecosystem.
* **Connect Pi with the Real World:** Ensure Pi Network’s technology and Pi coins are useful in solving actual business and daily life challenges.

These objectives are directly tied to Pi Network’s vision of ‘utility.’ Through financial support, the expectation is that innovative applications and services built on Pi will emerge.

## Gaming Driving Pi Network’s ‘Utility’: Concrete Examples and Potential

One of the areas Pi Network Ventures particularly focuses on is gaming. This section explores why gaming is crucial for Pi’s practical use and widespread adoption, and examines its potential through specific examples.

### Why is Gaming Prioritized?: Web3.0 and Engagement

In recent years, blockchain technology and cryptocurrencies have shown high compatibility with the gaming industry (especially Web3.0 games and Play-to-Earn (P2E) models). Games naturally foster high user engagement and often feature in-game economies, providing an ideal environment to test the ‘utility’ of cryptocurrencies. Pi Network prioritizes the gaming sector for the following reasons:

* **Large User Base:** Directly provides Pi utilization opportunities to a global Pi user base.
* **High Engagement:** Makes Pi usage an everyday experience through gaming.
* **Creation of Economic Activity:** The use of Pi for buying/selling in-game items or as rewards creates activities similar to a real economy.

Gaming can also serve as an entry point into the world of cryptocurrencies, helping more users become familiar with the Pi ecosystem.

### Case Study: Integration with the Fruit Match Game ‘Free’

A concrete example of Pi Network Ventures’ focus on gaming is its integration with ‘Free,’ a fruit match game. This game is incorporated into the Pi Network ecosystem, featuring Pi coin payment functionality and user-to-user social interaction.

Such integration examples demonstrate Pi’s role not merely as a digital asset but as a ‘currency’ that can be actively used for in-game purchases and interactions. In the future, a wider variety of game genres are expected to join the Pi ecosystem, expanding Pi’s use cases.

## Challenges and Future Outlook for Pi Network: The Path to True Adoption

While Pi Network’s Open Network transition is a significant step, many challenges remain for true widespread adoption. This section objectively examines these challenges and considers future prospects.

### Difficulty in Ecosystem Expansion: Acquiring Developers and Users

The $100 million fund provides a strong boost, but building a truly sustainable ecosystem requires the continuous acquisition of high-quality developers and users who will utilize the services they create. To achieve the ‘utility’ Pi Network aims for, not just games but attractive applications and services in diverse fields must continuously emerge.

### Definition of ‘Utility’ and Market Acceptance

Pi Network emphasizes ‘utility over speculation,’ but the question remains how attractive this ‘utility’ will be to users compared to other established payment systems or existing cryptocurrencies. Factors such as ease of use, fees, processing speed, and service quality will be key to widespread market acceptance.

### Gap Between Community Expectations and Reality

After years of mobile mining, the Pi Network user community has high expectations for mainnet activation and the realization of Pi coin’s value. It will be crucial for the Pi Network operation team to meet these community expectations while continuously presenting a realistic development roadmap and tangible results to maintain the project’s credibility moving forward.

## Conclusion: Will Pi Network’s Challenge Pave the Way for the Future of Cryptocurrency?

Approximately 100 days have passed since Pi Network’s ‘Open Network’ transition. This period marks the beginning of their new challenge to fulfill long-held expectations and pursue ‘utility.’ The establishment of the $100 million ‘Pi Network Ventures’ fund and its particular focus on the gaming sector demonstrate that the Pi ecosystem aims for concrete value creation, not just speculation.

Pi Network’s vision of ‘a cryptocurrency accessible to everyone and useful in daily life’ suggests an important direction for cryptocurrencies to become rooted in the lives of a wider range of people, not just experts and investors. This unique approach is worth continued attention as it shapes the future of blockchain technology and cryptocurrency.

If you wish to learn more about Pi Network, compare it with other cryptocurrency projects, or delve deeper into the fundamentals of blockchain technology, we encourage you to refer to relevant books and official information to continue your intellectual curiosity. Pi Network’s journey may offer new insights into how our daily lives can be enriched by digital technology.

Pi Network’s $100 Million Boost: What Changes with ‘Pi Network Ventures’? A Deep Dive into the Future

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Introduction: Big Moves for Pi Network! A Journey from “I Don’t Quite Get It” to “Aha!”

“What’s really going on with Pi Network that I keep hearing about lately?” “There seems to have been a new announcement, but does it concern us?” If you have such questions, this article will explain the recent big changes in Pi Network, especially the new initiative called “Pi Network Ventures”, in a clear and detailed manner, as if explaining it right next to you. No specialized knowledge is required. By the time you finish reading, you’re sure to be excited about the future of Pi Network!

What Exactly is Pi Network Again? A Quick Review

Before we dive into “Pi Network Ventures”, let’s quickly review Pi Network itself. Even if you’ve only “heard the name…”, reading this will give you a perfect grasp of the basics.

Pi Network started in 2019 as a “cryptocurrency project that anyone can easily participate in with a smartphone”. Its ease of use, allowing people worldwide to steadily “mine” (translated as excavation, but perhaps “acquire” is a better image here) its unique digital currency called Pi through a smartphone app without difficult technical knowledge or expensive equipment, has attracted many participants globally. Its major goal is to “create the most widely used cryptocurrency in the world and build an open economic ecosystem accessible to everyone”.

Until now, it has been, so to speak, a preparation period. Many people have acquired Pi, and the community has grown. And now, a big step is about to be taken for Pi to actually be useful in society. That is the emergence of “Pi Network Ventures”, the theme of this article.

Main Topic! “Pi Network Ventures” is Born! The $100 Million Big Wave Has Arrived!

Thank you for waiting! Here comes the main topic, the emergence of “Pi Network Ventures”. It might sound a bit formal, but imagine it as “a very large scholarship system or support fund has been created to support new ideas and businesses in the world of Pi Network!”. The scale of this fund is announced to be a staggering $100 million (over approximately 15 billion Japanese Yen^*! *Estimated based on the exchange rate as of May 2025).

This can be said to be proof that Pi Network is serious about realizing “usable Pi”. It is a concrete action plan to meet the expectations of many users who ask, “What can I do with Pi besides just collecting it?”

What is “Pi Network Ventures” in a nutshell? – A “Support Group” and “Investor” for Growing Pi

The role of Pi Network Ventures is to provide funding and resources to support startup companies and developer teams that are trying to develop and deploy innovative applications and practical businesses using Pi (collectively referred to as “utilities”) on the Pi Network platform. In other words, it is a “support group” that sows many “seeds” to make Pi more convenient and used in more situations, and also an “investor” that actively invests in promising projects.

$100 Million! Where Does This Money Come From and What Will It Be Used For?

This $100 million fund is explained to consist of Pi tokens held by Pi Network itself and US dollars (USD), a real-world fiat currency. This funding will be provided in the form of investments to projects deemed to contribute to the growth and development of the Pi ecosystem.

For example, ideas like the following might be eligible for support:

Online marketplaces where goods and services can be bought and sold using Pi
New social media or games that can be participated in with Pi
Systems that can easily introduce Pi payments in real-world stores
Completely new services utilizing Pi blockchain technology

In this way, Pi Network Ventures is trying to create a concrete path for Pi to become a “currency that can actually be used” in our daily lives and business scenes.

What Kind of Ideas Will Be Supported? – New Services and Businesses Using Pi

Pi Network Ventures is particularly focused on “projects that enhance the true utility of Pi and accelerate its adoption in the real world”. Ideas are sought that are not just technically interesting, but also valuable to many people and contribute to the overall growth of the Pi ecosystem. If you are a developer and have a great idea using Pi, this could be a big opportunity for you.

Why “Pi Network Ventures” Now? Its Aim and the Future Vision of Pi

Why did Pi Network take this big step with “Pi Network Ventures” at this timing? It’s because Pi Network is seriously trying to transition to the next stage, which is the “stage where Pi actually has value in society and becomes widely used”. Behind this is the grand future vision that Pi Network aims for and a clear strategy to realize it.

Aiming for “Usable Pi”! A Future Where Pi is Active in Daily Life

The ultimate goal of Pi Network is to make Pi not just a speculative digital asset, but a “practical currency” that can actually be used to pay for goods and services in daily life. To achieve this, it is essential to increase the places and opportunities where Pi can be used (i.e., utility). Pi Network Ventures is expected to be the catalyst for explosively increasing these “places and opportunities where Pi can be used”.

Imagine paying for coffee at your usual cafe with Pi, buying what you want online with Pi, or receiving payment for freelance work in Pi… Such a future might gradually approach through the activities of Pi Network Ventures.

What Kind of Organization is the “Pi Foundation”? Transparency and Community-Driven Mechanism

In this announcement, it is also emphasized that Pi Network Ventures was established through the “Pi Foundation”, and that this foundation is an “ownerless organization”. This is a very interesting point.

An “ownerless organization” is thought to aim for a more decentralized approach, operated for the benefit of the entire Pi community and the development of the project, rather than being controlled by specific individuals or companies for profit. This is an attempt to embody the principles of “community-driven” and “transparency” that Pi Network advocates, and it will have important implications for the long-term health of the project. However, further detailed information disclosure regarding its specific governance (management and operation) mechanism is awaited in the future.

Not Just a Digital Currency! Innovation That Pi Might Bring About

Projects supported by Pi Network Ventures have the potential to not only enable payments with Pi but also create new forms of services and business models utilizing Pi’s blockchain technology. This could lead to true innovation that transforms existing financial systems and business practices. Pi Network aims to grow as a platform with such great potential.

What Happens to Our Pi? The Impact of Ventures on Pi’s Value and Usage

“Pi Network Ventures” starts investing in businesses using Pi… What does that mean for the Pi that we have been diligently mining every day? Here, we will tell you what you can expect and what you should know about the value of Pi and how it will be used in the future, which is probably what you are most concerned about.

What Does It Mean to Invest Directly with Pi? Will the “I Want It!” for Pi Increase?

What is noteworthy is that Pi Network Ventures states that it aims to “conduct the majority of its investments directly in the form of Pi”. This means that promising new businesses and services will increasingly receive “Pi” instead of “US dollars” as operating funds.

Since businesses will need Pi to operate and grow, there is a possibility that demand to “buy” Pi will arise in the market. If demand increases, its value is theoretically expected to increase as well. This is an important step for Pi to transform from something merely “held” to something “actually used and sought after”.

Things You Can Buy and Do with Pi Might Increase! Expanding Ecosystem

If many promising projects are nurtured by Pi Network Ventures, the services, goods, and applications that can be used with Pi will steadily increase. This is the “activation of the ecosystem”. The ways you can use your Pi will expand, and you might feel the benefits of holding Pi more concretely.

For example, subscribing to exclusive content from your favorite creator with Pi, or supporting local small businesses by enabling Pi payments, might become a reality. Let’s hope the day comes when the question “What can I use this Pi for?” turns into the joy of “I can do this and that with Pi!”

Hold On! Points to Note – Balancing Dreams and Reality

Here is one important point to note. The activities of Pi Network Ventures are undoubtedly very positive factors for the value and ecosystem of Pi. However, it does not guarantee that the price of Pi will skyrocket immediately or that you will become rich overnight.

The value of cryptocurrencies fluctuates due to many complex factors such as market conditions, project progress, and regulations. Pi Network is trying to build a practical ecosystem from a long-term perspective, and it will take time for the results to appear. It is important not to have excessive expectations like “Since Pi Network Ventures is here, the price of Pi will be 100 times higher tomorrow!” and to calmly and long-term observe the project’s growth.

Also, this article is intended to provide information about Pi Network and does not recommend any specific investment. Please make investment decisions based on your own thorough research and careful consideration.

The Future of Pi Network: Open Network and Dr. Nicolas Kokkalis’s Important Announcement

The evolution of Pi Network is still ongoing. In parallel with the launch of “Pi Network Ventures”, another very important milestone is approaching. That is the transition to the “Open Network”. Furthermore, there is information that an important announcement might be made soon by Dr. Nicolas Kokkalis, one of the founders of Pi Network.

What Changes with the “Open Network”? – Pi Becomes More Free!

Currently, Pi Network is in the “Enclosed Network” phase, where Pi transactions are limited to within the Pi ecosystem. However, transitioning to the “Open Network” will open the way for the Pi blockchain to connect with external blockchains and exchanges, allowing Pi to be traded more freely and exchanged with other cryptocurrencies (however, specific details await official announcements).

This is a very important step for Pi to function as a true global cryptocurrency and can be said to be a development that many users are eagerly awaiting. Attention is focused on future official announcements regarding the timing and specific conditions for the transition to the Open Network.

[Attention!] What is the Future of Pi as Spoken by Founder Dr. Nicolas?

It is reported that he will give a lecture at a large conference held in Toronto, Canada on May 16, 2025.

The community has high expectations that the current status and future prospects of Pi Network, as well as more in-depth information regarding Pi Network Ventures and the Open Network, will be revealed at this event.

Conclusion: Pi Network’s New Challenge Has Just Begun! What We Can Do

The launch of “Pi Network Ventures” is a strong declaration that Pi Network has moved beyond the stage of mere ideas and experiments and has begun to seriously build an ecosystem to create concrete value in the real world. A fund of $100 million clearly demonstrates its seriousness.

Through this article, have you been able to get a glimpse of what Pi Network Ventures aims for and how it might affect the Pi we hold and the future of Pi?

Of course, the journey of Pi Network has just begun. To realize its grand vision, it needs to overcome many challenges and grow together with the community over time. What we users can do is, first and foremost, keep following accurate information, and understand the project’s long-term goals and observe calmly.

And if you are a developer or entrepreneur, you might be able to leverage the opportunities provided by Pi Network Ventures to realize new ideas that enrich the Pi ecosystem.

What kind of changes will Pi Network’s new challenge bring to our future? Let’s watch with anticipation, and hopefully, play a part in its growth. We hope that today’s understanding of “Aha, I see!” will lead to your actions tomorrow of “I want to know more” and “I want to try it”.

This article is created based on the provided source information and general knowledge, and does not recommend specific financial products or investments. Investing in cryptocurrencies involves risks, so please make decisions at your own discretion and responsibility. The exchange rate in the article is an estimate as of May 2025.

Pi Network’s Direction and Future Prospects for 2025: Transition to Open Network and Ecosystem Strategy

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To the Pi Network community and everyone interested in Pi Network. In this article, we will provide a detailed explanation of the Pi Core Team’s vision for the future of Pi Network, particularly the roadmap and strategy towards 2025, incorporating the latest information. Previous information included personal opinions, some of which were realized and some were not. Let’s take a look together at the current characteristics of Pi Network and the direction the Pi Core Team is heading.

Decentralization of the Pi Blockchain and Nodes

Regarding the blockchain that forms the foundation of Pi Network, the Pi Core Team has a significant vision. That is, to enable individuals to operate Pi nodes on their personal computers (PCs). This aims to enhance the decentralization and stability of the network.

Node contribution types are mainly divided into two:

Community Nodes: General users participate in the network by providing their PC resources.
Super Nodes: Possess higher processing power and handle the core validation tasks of the network.

Currently, the operation of Super Nodes is managed by the Pi Core Team. According to some information, there are still restrictions on connecting to the blockchain, and it does not seem to be fully open access. This means that even after the transition to the “Open Network,” a certain level of management by the Pi Core Team may continue in the initial stages.

Transition to Open Network: February 20, 2025

As a significant milestone for Pi Network, the transition to the Open Network period at 8:00 AM UTC on February 20, 2025 has been officially announced. This will enable external connections to the Pi ecosystem and pave the way for Pi tokens to be listed on centralized exchanges (CEX) and decentralized exchanges (DEX).

This will allow businesses and developers to easily acquire Pi tokens and utilize them for various purposes, especially for providing services and developing features within the ecosystem. Pi Network has achieved the goals set as conditions for the Open Network transition (15 million KYC’d users, 10 million Mainnet migrations, 100 Mainnet apps), and currently has over 19 million KYC’d users and 10.14 million Mainnet migrants.

Pi Ads Feature: A New Revenue Model Connecting Developers and Advertisers

The Pi Ads feature, announced by Pi Network over a year ago, has finally entered the full-scale integration phase with dApps (decentralized applications). This will be a crucial monetization mechanism within the Pi ecosystem.

For example, dApp developers like the travel app “Pi2Go” can use the Pi Ads SDK (Software Development Kit) to display advertisements within their apps. By viewing these advertisements, users enable developers to receive Pi tokens as rewards. This is a mechanism that creates circulation within the Pi ecosystem, unlike dollar-denominated rewards in traditional website advertising.

For advertisers, there is also the benefit of being able to reach Pi Network’s massive user base. Compared to traditional advertising platforms, there is a possibility of potentially conducting effective advertising campaigns at a lower cost. While the specific cost structure is expected to become clear in the future, the ability to use Pi tokens directly as advertising costs will promote the circulation of Pi within the ecosystem. However, it seems that a platform where anyone can freely place ads is not yet publicly available.

Pi Network: Towards a Giant Web3 Social Network

Pi Network is not just a cryptocurrency project; it also has the aspect of being a giant Web3 social network. Currently, active users (Pioneers) exceed 60 million, and over 19 million of them have completed KYC (Know Your Customer).

The KYC process has been improved to be completed more quickly and at a relatively low cost (estimated at about 5 minutes and around $20, but this may vary) through a partnership with Banxa. As the number of KYC’d users increases and more wallets become active in the future, it is expected that transactions within the network will increase, and the liquidity of Pi will improve. From the perspective of Cryptonomics, improved liquidity could lead to the stabilization or increase in the value of Pi tokens.

Collaboration with DePIN Trend: Utilizing Surplus Resources

There is a recently highlighted trend called DePIN (Decentralized Physical Infrastructure Networks). This is a mechanism where individuals share their unused computing resources (network bandwidth, disk storage capacity, CPU processing power, etc.) and utilize them across the entire network. The operation of Pi Network nodes aligns perfectly with this DePIN concept.

By operating nodes, users enable Pi Network to build a global decentralized computing platform. This could potentially serve as a foundation for AI training and more advanced decentralized applications. By riding the wave of DePIN, Pi Network can be said to be enhancing its technological value.

Challenge to Price Stability and Ecosystem Building

For many businesses, there is hesitation in accepting highly volatile cryptocurrencies as a means of payment. The current price of Pi tokens will likely continue to be significantly influenced by supply and demand on exchanges and remain volatile until the ecosystem is fully mature.

The Pi Core Team aims to stabilize the value of Pi through the following strategies to address this challenge:

Improving Utility: Providing an advertising platform through Pi Ads to incentivize businesses to use Pi.
Revitalizing the In-Ecosystem Economy: Encouraging users to utilize Pi within the Pi ecosystem services (dApps) rather than selling it on exchanges.
Strengthening Payment Systems: In the future, the possibility of introducing stablecoins pegged to Pi or intermediary systems to curb price fluctuations is being considered.

It is important to note that “Pi is the currency within the Pi ecosystem and is not a substitute for fiat currency.” Pi’s primary purpose is to be used in the dApps market built on the Pi Network.

External Collaboration and Future Outlook: Key to Liquidity Improvement

Pi Network is also considering collaboration with external services and technical feature enhancements to improve the convenience and liquidity of the ecosystem.

Possibility of Issuing Crypto Cards: Potential for issuing physical or virtual debit cards (like Visa) that can use Pi, in collaboration with platforms like Zebec Protocol (ZPTO). However, this heavily depends on the legal regulations of each country (e.g., Vietnam plans to establish a legal framework for cryptocurrencies in 2025).
Improving Interoperability: In the future, there is a possibility of upgrading the protocol to implement bridge functions or swap functions that allow assets to be exchanged with other blockchains, similar to the Stellar network. This would allow users to exchange other cryptocurrencies like USDC directly for Pi without going through an exchange, potentially leading to a significant increase in liquidity. In particular, large investors (whales) seeking anonymity might find it easier to enter the Pi market.

A Realistic Perspective on Price

The strategies and technological developments of the Pi Core Team discussed so far are primarily aimed at the stabilization and sustainable growth of the value of Pi tokens. This does not mean that Pi will immediately achieve rapid price increases of hundreds or thousands of dollars.

Such a dramatic price increase, if it were to occur, would require very significant external factors, such as adoption by government agencies or parallel use with fiat currency, as expected with Ripple (XRP) or Stellar (XLM), or the stage where the Pi ecosystem is fully mature, has moved beyond the testnet phase, and provides a seamless user experience.

Conclusion: Expectations for the Future of Pi Network and How to Participate

The Pi Core Team has a clear vision for 2025: to evolve Pi Network from just a cryptocurrency project into a Web3 social network with an advertising platform, a DePIN foundation, and a vibrant dApps ecosystem. The transition to the Open Network is a major step towards this.

The strategy focused on price stabilization and liquidity improvement aims for the long-term growth of the project. While we have expectations for the future of Pi, we must understand that its value depends on the development and utility of the ecosystem.

This article does not recommend purchasing Pi. Participation in Pi Network can still be done through free mining from the smartphone app or operating a node on a PC. Let’s keep an eye on the future development of Pi Network.

PiNetwork Ecosystem Expansion – Integration with Multiple Blockchains and Future Potential

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In the world of PiNetwork, new developments are underway. Efforts focused on PiNetwork’s goal of expanding its ecosystem and exploring collaboration with multiple blockchains are attracting attention. This article explains the latest trends in PiNetwork and related technological advancements.

Latest Trends in PiNetwork – Transition to Open Network

PiNetwork, which is attracting attention as a cryptocurrency project, is taking an important step towards expanding its ecosystem. One of these is the transition of the Layer 1 blockchain from an “Enclosed Network” to an “Open Network” phase with external connectivity on February 20, 2025 ([Open Network Launch Date | Pi Network](https://minepi.com/blog/open-network-launch-date/)).

This transition provides a foundation for PiNetwork to connect with a wider range of users and businesses and promote the growth of dApps (decentralized applications).

Plans for Collaboration with Multiple Blockchains

PiNetwork is reportedly planning to collaborate with blockchains such as BNB Chain, PiNetwork, Ethereum, Base, and Solana in the future. This collaboration is expected to allow users to exchange Pi coins with cryptocurrencies on other blockchains or bridge between different networks.

PVM – Community-Driven Layer 2 Solution

As part of the PiNetwork ecosystem expansion, a Layer 2 scaling solution called “PVM (Pi Virtual Machine)” is reportedly under development as a community project ([PVM (L2 for Pi Network)](https://github.com/LayerPi)). PVM aims for EVM (Ethereum Virtual Machine) compatibility, enabling seamless deployment of smart contracts and a new era of Proof-of-Work (PoW) mining.

Key features of PVM include:

EVM Compatibility: Supports Ethereum smart contracts, enabling the deployment of dApps on the Pi blockchain.
Layer 2 Scaling: Achieves fast transaction processing and reduced fees.
Proof of Work (PoW) Mining: Introduces a new mechanism that allows mining Pi tokens through computational work, reducing the initial investment cost for miners.

However, it is important to note that PVM is not an official PiNetwork project but a community-driven initiative.

PiNetwork’s Vision – Building a Complete On-Chain Ecosystem

PiNetwork is reportedly aiming to build a complete on-chain ecosystem based on VM (Virtual Machine). The KYB (Know Your Business) application process is reported to include questions confirming whether Layer 2 tokens or NFTs exist on other blockchains.

This direction suggests the possibility that PiNetwork is aiming for a mature blockchain ecosystem similar to Ethereum, and growth in the dApps development community is also expected.

Important Reminder for PiNetwork Users

While paying attention to these new developments, it is important for PiNetwork users (called Pioneers) not to forget their daily mining activities. Open the PiNetwork app and click the “lightning” button to start your daily mining session.

PiNetwork is currently reported to be building an ecosystem with a large number of KYC (Know Your Customer) verified users and mainnet participants, a decentralized node network spread across the world, mainnet-enabled applications, and a network of KYB-verified businesses.

Summary – PiNetwork’s Future Potential

PiNetwork is seeking to strengthen its position in the blockchain industry through the transition to an open network and community-driven technological development. The plans for collaboration with multiple blockchains suggest ecosystem expansion.

However, information regarding the unique DEX “PJSwap” and PJS tokens mentioned in the article is deemed unreliable. Members of the PiNetwork community are advised to regularly check for the latest information from official channels.

*Note: The information in this article is as of March 2025, and the development status of PiNetwork may change. Always check official information before making investment decisions.

Pi Network’s Open Network Migration: Exploring the Future of Next-Generation Cryptocurrency

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On February 20, 2025, at 8:00 AM (UTC), the Pi Network officially transitioned to the long-awaited Open Network phase. This transition marks a significant milestone in the development of the Pi Network as a cryptocurrency project, enabling external connections and interaction with other blockchains and applications.

What is the Open Network?

The transition to the Open Network allows the Pi Network to break away from its traditional closed ecosystem, enabling its use on external platforms and in the real world. This is expected to lead to the integration of Pi tokens with other blockchains and listings on exchanges, anticipating widespread adoption.

Unique Features of the Pi Network

Mobile Mining: The Pi Network utilizes energy-efficient mobile mining, providing a mechanism for users to easily mine cryptocurrency with their smartphones.
Community-Driven Token Distribution: 80% of the token supply is held by the user community, avoiding reliance on large investors.
KYC/KYB Authentication: The KYC (Know Your Customer) and KYB (Know Your Business) authentication processes ensure trust and transparency within the ecosystem by maintaining regulatory compliance and high security standards.

Expectations and Challenges for the Open Network

While the Pi Network is gaining attention for its unique approach, it also faces several challenges. Concerns regarding scalability and transparency have been raised. Additionally, the token price has shown rapid fluctuations.

Scalability and Security

The Pi Network is currently working on enhancing scalability and security to support its massive user base. New updates are being provided for node operators, and performance optimization is underway.

Token Price and Market Trends

Immediately after the Open Network transition, the Pi token price temporarily surged, reaching $2.10 at one point. However, it subsequently plummeted by over 52%, falling to $1.01. This price fluctuation has also impacted the overall market.

Vision for the Future

The Pi Network aims to be an “inclusive and sustainable cryptocurrency” and is focused on building a community-driven ecosystem. This project has the potential to present a new economic model and bring innovation to the entire cryptocurrency industry.

Key Success Factors

Adoption by a broad user base
Ensuring reliability through KYC/KYB authentication
Development of practical applications

The Pi Network will continue to evolve, providing new values and opportunities to many people. Let’s keep an eye on its future developments.

Pi Network’s Open Network Launch: Unconventional Approach and Future Possibilities

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On February 20, 2025, at 8:00 AM (UTC), the Pi Network officially commenced its long-awaited transition to the Open Network. This transition marks a new era, enabling the Pi Network to connect with external blockchains and real-world applications.

What is the Pi Network?

The Pi Network is known as a platform that allows users to easily mine cryptocurrency on their smartphones. Its key characteristic is the adoption of environmentally friendly mobile mining, unlike traditional high-energy consumption mining.

An Unconventional Approach

The Pi Network employs a mechanism where 65% of tokens are distributed to the community as mining rewards. This approach ensures that the project’s profits are returned to the entire user base, rather than a small number of investors.

Ensuring Trustworthiness through KYC and KYB

KYC (Know Your Customer) and KYB (Know Your Business) ensure transparency between users and businesses, significantly reducing the risk of fraud and scams. This process plays a crucial role in enhancing trustworthiness throughout the ecosystem.

Transition to Open Network and Its Impact

With the transition to the Open Network, Pi tokens have become available on other blockchains and some exchanges. However, they have not yet been listed on major exchanges. This new phase is also expected to foster the development of decentralized applications (dApps) and expand real-world use cases.

Criticism and Response

Some have pointed out a lack of transparency and excessive app permission requests. However, the diverse user base is precisely the strength of the Pi Network. This enables large-scale adoption and accessibility.

Vision for the Future

The Pi Network holds a vision of paving the way for an “inclusive, sustainable, and utility-focused” future. It aims to succeed as a community-driven, transparent, and genuinely useful cryptocurrency.

Next Steps

Promoting dApp development
Addressing users who have not completed KYC
Improving utility across the entire ecosystem

In this way, the Pi Network is forging a new era with an approach that sets it apart from traditional cryptocurrencies.

“Pi will always be different. That is our strength.” — Chengdiao Fan (Founder)

Let’s continue to watch how the Pi Network evolves in the future.

Pi Network’s Future: Pioneers, Developers, and Businesses Creating a New Economy

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As the cryptocurrency market evolves daily, Pi Network has taken a new step. This update highlights the three main roles: Pioneers, Developers, and Businesses, showing how each can contribute to the growth of the Pi ecosystem. This article will delve into the details and significance of this update.

Pioneers, Developers, Businesses: The Three Pillars

Pi Network is building its ecosystem around the following three types of participants:

Pioneers: Users who primarily continue mining activities. They are crucial to supporting the foundation of the Pi Network.
Developers: Technicians who build applications and utilities on the Pi blockchain.
Businesses: Companies that utilize the Pi blockchain for transactions and service provision.

These three groups cooperate to form a sustainable decentralized community.

Continued Mining and Its Importance

In many cryptocurrency projects, mining ends after the network launch. However, Pi Network is different. This policy maintains an environment where new users can easily join the network, promoting decentralization and improved security.

KYC and Security Measures: Efforts to Enhance Reliability

The KYC (Know Your Customer) process is essential to prevent fraudulent and deceptive activities. For example, a re-application option is provided to resolve issues caused by discrepancies between account names and identity verification information. This mechanism enables the creation of a safe and reliable ecosystem.

Open Network Launch and Its Impact

On February 20, 2025, Pi Network finally transitioned to the Open Network phase. The following changes are expected as a result of this transition:

Expansion of utility through connection with external blockchains
Improved reliability through KYC/KYB verified users and businesses
Increased market liquidity through collaboration with major exchanges

A special list is also provided for KYB-verified businesses, ensuring a safe and transparent trading environment.

Summary: The Path to the Future

This update is a significant step for Pi Network to grow as a sustainable decentralized economic zone. With the three pillars of Pioneers, Developers, and Businesses at the core, diverse participants are cooperating to form a new digital economic model.

Pi Network: The Future of Cryptocurrency and Global Expansion

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Pi Network is attracting attention as a cryptocurrency that can be easily mined on everyday devices such as mobile phones and computers. In particular, it is noted for providing a user-friendly environment and lowering the barrier to entry for a wide range of people into cryptocurrencies. Furthermore, the fact that the operating members include graduates from Stanford University has also become a topic of discussion, adding to its academic credibility.

Donald Trump’s Executive Order and Pi Network: The Background of the Rumors

In recent years, various laws and executive orders regarding cryptocurrency regulation have been debated in the United States. While speculation spread in some circles that “the transition of Pi Network to Open Network will be affected by US policy, particularly executive orders,” the official launch of the Open Network on February 20, 2025, has made the truth of these rumors unclear. Nevertheless, the impact of US policy trends on the spread of cryptocurrencies is noteworthy.

The Impact of Executive Orders on Cryptocurrencies

The cryptocurrency world is greatly influenced by changes in presidents and administration policies. For example, when the head of the Securities and Exchange Commission (SEC) changes, the policy on how tokens are treated can change. The Pi Network side also believes that if the US government promotes flexible and clear legal frameworks for cryptocurrencies, it could accelerate the global adoption of the network.

Pi Network and Stellar: The Relationship of Technical Foundations

Pi Network is said to have many common points with the Stellar network. Stellar is a cryptocurrency platform known for fast transactions and low costs, and its application as an enterprise solution has advanced through collaborations with companies like IBM. Pi Network adopts Stellar’s Consensus Protocol (SCP), enabling an approach where individual users can operate nodes on mobile devices and computers.

Specifically, a major feature is the ability to verify transactions through individual devices, leveraging the concept of Federated Byzantine Agreement (FBA) adopted by Stellar. This eliminates the need for special mining equipment, creating an environment where more users can easily participate.

Differences from Stellar and the Spread of Pi Network

While Stellar focuses on enterprise use cases, Pi Network prioritizes widespread adoption among general users and aims for community-driven growth. The intersection of these two models is expected to lead to the global spread of digital currency.

US Policy and Cryptocurrencies: Expectations for Pi Network

In the United States, there is a history of various authorities, including the SEC, pursuing cryptocurrency-related lawsuits and strengthening regulations. At one point, many cryptocurrency companies were fined huge amounts, creating uncertainty in the industry. However, with new leadership, proponents of cryptocurrency may emerge, and fair and transparent rule-making could progress. Pi Network has the potential to accelerate its global expansion if US policy moves in a favorable direction for cryptocurrencies.

Transition to Open Network and Market Impact

Pi Network’s Open Network began external connections on February 20, 2025, making it available for use as a currency on a global scale. If US policy leans towards actively supporting cryptocurrencies, attention will quickly gather on Pi Network’s value and achievements. On the other hand, if legal frameworks are delayed or regulations are excessively strengthened, widespread adoption may not proceed as planned, raising concerns about a decrease in expectations.

The Future of Pi Network: The Challenge of a Global Currency

Pi Network is also said to have a vision of aiming for a “common currency for humanity” and is trying to form a community by involving many users. While the ecosystem becomes stronger as the number of users increases, what kind of use cases are established during the transition to the open network is a crucial key. If listing on major exchanges like OKX and Bitget is realized and collaborations with companies around the world progress, its practicality and credibility will further increase.

The Future of the Cryptocurrency Industry and Contribution to Society

The total market capitalization of the cryptocurrency market sometimes fluctuates significantly, but further expansion can be expected if technological innovation and social needs match. If currencies like Pi Network, which reduce the environmental burden of mining and the cost of introducing large-scale equipment, increase, the decentralized economic zone where more people participate may expand.

Furthermore, the movement to explore the ideal form of a global currency suitable for the digital age has significant benefits for governments, companies, and the general public alike. In particular, if faster international remittances and reduced fees are realized, it will contribute to improving the efficiency of economic activities and promoting financial inclusion. Whether Pi Network can realize these visions and be accepted globally is one of the highlights of the future cryptocurrency market.

Summary: Attention on the Future of Pi Network and Cryptocurrencies

Pi Network is building an environment where a wider range of users can participate, based on Stellar’s technology. As a US-based project, the trend of the US government’s cryptocurrency policy is seen as significantly related to the progress of the Open Network. If the cryptocurrency industry is positively supported by executive orders or changes in SEC policy, there is a strong possibility that Pi Network will grow as a global currency.

However, to establish a solid position in the cryptocurrency market, it is necessary to clear multifaceted challenges such as legal frameworks, security, and usability. While Pi Network has the support of many participants, the Open Network began on February 20, 2025, and the concretization of use cases is in progress. Further developments are expected in the future. It is important to have the insight and action to adapt to the changes of the times.

Pi Network: Open Network Migration and Market Rank 13 Update

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On February 20, 2025, at 8:00 AM (UTC), the Pi Network officially transitioned to the open network. This transition allows Pi tokens to be traded on external wallets and some exchanges, which is expected to further increase its visibility in the cryptocurrency market.

What is the Transition to the Open Network?

Previously, the Pi Network operated as a “closed ecosystem,” with transactions limited within the ecosystem. During this phase, the completion of the KYC (Know Your Customer) process and the development of applications within the ecosystem were underway. However, with the transition to the open network, trading on external wallets and exchanges has been unlocked, allowing it to function as a complete cryptocurrency.

Market Ranking 13th: The Growth of Pi Network

As of February 25, 2025, according to some market data, the Pi Network ranks 13th in cryptocurrency rankings, with an estimated market cap of approximately 10 billion dollars. However, Pi tokens may currently be traded on an IOU (I Owe You) basis, and the official market value depends on future developments.

Comparison with Major Cryptocurrencies

Bitcoin (BTC): Market Cap $1.90 Trillion
Ethereum (ETH): Market Cap $328.71 Billion
XRP: Market Cap $144 Billion

Compared to these, the Pi Network is still an emerging force, but its growth rate is attracting attention.

Price Volatility and Liquidity Issues

Immediately after the open network transition, the Pi token reportedly recorded an initial price of approximately $1.97 on some exchanges, then temporarily dropped to $0.73, but has since recovered to around $1.57 (based on the latest information as of February 25, 2025). This rapid fluctuation is due to market liquidity shortages and investor sentiment. Some cryptocurrency analysts point out that this price instability is caused by market liquidity shortages and speculative trading, which could pose challenges to long-term stability.

Summary

The Pi Network has successfully transitioned to the open network and has achieved a high ranking of 13th in market rankings. However, challenges such as price volatility and liquidity shortages remain, and future developments are being watched closely. By utilizing SEO optimization when publishing the latest information about the Pi Network, it is expected to reach a wider audience. Let’s keep an eye on the trends in the cryptocurrency market and the further growth of Pi.

Pi Network’s Open Network Launch: The Challenge of Cryptocurrency Mass Adoption

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On February 20, 2025, the Pi Network transitioned to the long-awaited Open Network. This historic moment is the culmination of six years of effort by over 60 million Pioneers worldwide. Pi is known for its unique approach that sets it apart from traditional cryptocurrency projects, and its unconventional stance has attracted significant attention. This article provides a detailed explanation of the features of the Pi Network, the significance of the Open Network, and future prospects.

Founder Chengdiao Fan posted a video on the official YouTube account, and we have featured its content in this article. (This video is currently displayed on the Pi app home screen)

What is the Pi Network? A Six-Year Journey

In the early days of cryptocurrency, when many projects raised funds through ICOs (Initial Coin Offerings), the Pi Network chose a different path. Pi adopted a system where anyone could participate for free, without any token sales. This resulted in 80% of Pi tokens being allocated to the community and its participants, achieving a widely distributed token distribution.

Furthermore, while many projects are released with just a white paper or smart contract, Pi spent six years building infrastructure and an ecosystem. It maintained a cautious stance, waiting for practical utility to be secured before transitioning to the Open Network. During this process, identity verification through KYC (Know Your Customer) and KYB (Know Your Business) was conducted, ensuring the legitimacy of millions of users and businesses.

What is Pi Network’s KYB Authentication? Key to Business Participation in the Open Mainnet

Pi asserts that “true decentralization is not inconsistent with reliability and legitimacy.”

Pi’s Strength in Attracting Mainstream Users

Some cryptocurrency critics have pointed out that “Pi’s users are too heavily skewed towards the mainstream.” However, this is precisely the Pi Network’s greatest strength. For cryptocurrency to become widely adopted, an environment where ordinary people can easily use the technology is necessary. By welcoming not only cryptocurrency enthusiasts but also mainstream audiences, Pi is tackling the challenges of mass adoption and real-world utility.

Looking back at history, for technology to survive long-term, it is essential to meet the needs of real people. By attracting a mainstream user base, Pi is expected to serve as a catalyst for the entire blockchain industry to pursue true utility.

Overturning Cryptocurrency Norms! The “Anyone Can Participate” Digital Economy Pi Network Aims For

The Start and Significance of the Open Network

With the launch of the Open Network, external connections to the Pi blockchain became possible, and the closed environment was lifted. This brings about the following benefits:

Merchants: Easier sale of goods and services in local markets.
Developers: Advance app development and support the completion of business models.
Creators: Expand influence and gain new opportunities.
General Pioneers: Strengthen transactions and connections between users.

Especially for new developers, Pi is an attractive platform. Developers who already have a business model can test and start selling their products on Pi. On the other hand, developers with excellent app experiences can leverage the existing monetization model provided by the Pi Ad Network. This opens up a path to earn revenue while securing traffic.

What is the Pi Ad Network?

The Pi Ad Network is a system where developers can integrate ads into their apps and earn revenue by utilizing the traffic provided by the platform. This brings utility to all Pioneers and increases the value of the entire network.

Detailed Explanation of Pi Ad Network: Pi Network Ecosystem’s New Advertising Platform Released

Future Prospects and Message to Pioneers

The Pi Network’s Open Network is a step towards demonstrating new possibilities for cryptocurrency. It is important to stay focused on what matters without being distracted by external noise. Pioneers are encouraged to continue exercising creativity and striving to make a difference in the real world.

Pi aims to show the world new possibilities in cryptocurrency and prove its value in the era of the Open Network. It will continue to walk alongside Pioneers to build a future where blockchain technology is truly rooted in society.