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(Reminder) PiNetwork: Complete Guide to the Final Extension of the KYC/Mainnet Migration Deadline Until March 14, 2025

To all Pi Network users, we bring you important update information. The Pi Network team recently announced the extension of the deadline for KYC (Know Your Customer) and Mainnet migration until March 14, 2025, 8:00 AM (UTC). It is important for users who have not yet completed KYC or migrated to the Mainnet to make the most of this ‘final grace period’.

Latest Status of Pi Network and Deadline Extension

Pi Network officially launched its Open Network on February 20, 2025, after nearly 6 years since its establishment. This made PI tokens publicly available and eligible for listing on cryptocurrency exchanges. However, many users have not yet completed their KYC verification and migration to the Mainnet.

Initially, the deadline to complete these processes was February 28, but as the Pi Network team has done in the past, they have decided to extend the deadline again, this time until March 14, 2025. This date marks the 6th anniversary of Pi Network.

Reasons for and Importance of the Deadline Extension

According to the Pi Network team, this extension is being made for the following purposes:

To provide sufficient time for actual Pioneers (Pi Network users) to verify their balance and migrate to the Mainnet
To give users who returned after the Open Network launch an opportunity to rejoin the network
To maintain Pi Network’s core goals of inclusivity and fairness

This extension was made in response to feedback from the community. Many users expressed concerns about previous delays and felt that a fair migration time was needed before the Open Network launch.

Current Progress of KYC and Mainnet Migration

Currently, over 18 million users have completed the KYC process, but only approximately 8 million users have migrated to the Mainnet. This significant gap is one of the main reasons the Pi Network team extended the deadline.

The Pi Network core team aims to improve the KYC process and Mainnet migration capabilities to enable faster processing and reduce the gap between KYC-completed users and Mainnet-migrated users.

Risks of Missing the Deadline

Warning: If you do not complete KYC and Mainnet migration by March 14, 2025, you risk losing your mobile balance. However, Pi coins mined in the last 6 months before migration are stated to be an exception.

The Pi Network team emphasizes this ‘final grace period,’ suggesting that this is likely the last extension. Therefore, users who have not yet completed the necessary procedures are strongly encouraged to act immediately.

How to Resolve KYC and Name Mismatch Issues

Many users face issues with being rejected during the KYC process due to name mismatches. Here are the steps to resolve this issue:

If your KYC is marked as ‘tentative’ or ‘pending,’ look for the option to resubmit your KYC application in the app
When resubmitting, ensure that all information provided is accurate
Double-check that your full name and contact number match your official ID document

If there is a name mismatch, it may be possible to resolve the issue through the appeal process. However, if you appeal and are rejected, you may face restrictions.

How to Update Your Mobile Number

Pi Network recently introduced a feature that allows users to update their mobile number. This is a particularly important update for users who registered more than 6 years ago. You can update your phone number by following these steps:

Go to the profile section
Click the ‘Change’ option next to your phone number
Select your country code and enter your new phone number
Click ‘Confirm Change’
Complete the ‘Liveness Check’ – this is a process that verifies your identity using the front camera

The Future of Pi Network and Price Trends

Pi Network is scheduled to fully launch its Open Network in the first quarter of 2025. This decision follows the significant milestone of over 18 million users completing the KYC process and over 8 million migrating to the Mainnet.

Regarding the current price situation of Pi Coin, recent reports indicate that it has experienced a 45% drop in 4 days and is currently trading at approximately $1.80. This follows a decline in the broader cryptocurrency market.

Furthermore, speculation regarding the listing of Pi Coin on Binance is also increasing, with some information suggesting that 86% of investors expect Pi Coin to debut in the near future.

Community Reaction

The reaction of the Pi Network community to this deadline extension is varied:

Positive Views: Some users have expressed gratitude for the increased time to complete the necessary processes
Skeptical Views: On the other hand, some users question the repeated delays and extensions and criticize the project’s legitimacy

However, whether optimistic or skeptical, one thing is clear: if you want to own Pi tokens, you must complete the KYC process and migration by March 14, 2025.

Summary and Next Steps

The journey of Pi Network, from its ambitious goals to controversial delays, has certainly not been boring. Whether you have been a long-time Pioneer or recently returned, this extension is an opportunity to secure your place in the Pi ecosystem.

If you have not yet taken action, please follow these steps:

Submit KYC verification: Ensure all details provided are accurate to avoid rejection
Complete the Mainnet checklist: Follow the instructions provided by Pi Network to migrate your tokens
Verify personal information: Double-check that your full name and contact number match your official ID document

Finally, as dates and deadlines may change, it is always recommended to check for official information from Pi Network.

Act now to avoid missing this important deadline!

Pi Coin Adoption Advances! Real Estate and Car Purchases Possible in Florida

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Pi Coin of the Pi Network, which is attracting attention in the world of cryptocurrency, is finally expanding its use in the real world. In Florida, real estate company ‘Zito Realty’ and car dealership ‘Cube Motor’ have announced that they will accept Pi Coin as a payment method, taking a step towards expanding its use in the real world.

Innovation in the Real Estate Industry: Zito Realty Accepts Pi Coin

Florida-based real estate company “Zito Realty” has announced that it will accept real estate transactions using Pi Coin. The company has shown a proactive stance towards adopting cryptocurrency and has introduced Pi Coin as a new payment method for real estate transactions.

This initiative is a groundbreaking example of a cryptocurrency that can be easily mined with a mobile app being used for actual asset purchases. This is changing the long-held image of “cryptocurrency as a speculative asset”.

Real Estate Company Website
https://jameszito.com/

It is written large at the bottom that they accept Pi.

Automotive Industry Also Joins: Cube Motor Offers Vehicle Purchase with Pi Coin

Furthermore, car dealership “Cube Motor” has also announced that it will accept payment with Pi Coin. At this store, customers can choose the car they want and purchase it with Pi Coin, just like with cash or traditional cryptocurrencies. This news spread rapidly on social media and attracted a lot of attention.

https://www.binance.com/en/square/post/20829473658777

Cube Motor is attracting attention within the Pi Network community and is registered on ‘Pi Map’ (the official business map provided by the Pi Network) as a business that accepts Pi Coin.

It is possible that stores that do not actually exist are registered on Pi Map, so it is unclear whether this car dealership is real. Even if it is real, it is unknown how long they will accept Pi payments, so careful investigation is necessary.

The Path to Cryptocurrency Mainstream Adoption

These examples show that cryptocurrency is evolving from a speculative asset to a practical payment method. Pi Coin, in particular, is gaining a lot of support due to its ease of use and efficiency.

For example, while Tesla previously experimented with accepting Bitcoin payments, Pi Coin is attracting attention as a full-scale adoption by local businesses.

Criticism and Support: Divided Opinions

However, not everyone welcomes this move. Some critics question the business model and sustainability of the Pi Network. For example, Binance has shown a cautious stance regarding the listing of Pi Coin, and a review based on community voting results is underway.

Nevertheless, many supporters are focusing on the growth potential and practicality of the Pi Network. In particular, its decentralized approach and fast transaction processing capabilities are considered advantageous compared to other cryptocurrencies.

Market Value and Future Outlook

Recently, the market value of Pi Coin has attracted attention, showing fluctuations after rising to approximately $2.69 at the end of February 2025. This is due to expectations for new use cases and increased demand. The user community is also active, with new partnerships and adoption cases being reported one after another.

In the future, as adoption in more industries progresses, Pi Coin may play a certain role in the market. As a result, the perception and usage of digital currency itself may change.

Summary

The adoption for real estate transactions and car purchases in Florida is a big step forward for Pi Coin and its community. Such expansion of real-world use will also have a positive impact on cryptocurrency as a whole. Further industry entry and international spread are expected in the future.

What do you think? Will Pi Coin continue to grow? Please share your opinions in the comments section!

Comparison of Pi Coin and Sidra Coin: Similarities, Differences, and Exploring Investment Potential

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Pi Coin and Sidra Coin are attracting attention in the cryptocurrency market. Pi Coin has gained tens of millions of users as an innovative project that can be easily mined on smartphones, while Sidra Coin is attempting to carve out a new market with its Sharia-compliant financial system and limited supply. This article provides a detailed comparison of their commonalities and differences, exploring their technical features, market positions, and investment potential from a 2025 perspective and beyond. We aim to deliver information that is easy for cryptocurrency beginners to understand and useful for making investment decisions.

Basic Information on Pi Coin and Sidra Coin: Latest Data for 2025

Let’s understand the overview of each project by comparing the basic specifications of both coins. Below is a detailed table including assumed data as of February 2025.

Item	Pi Coin	Sidra Coin
Development Start Year	2019 (by Stanford University graduates)	2024 (by Sidra Bank)
Supply	Max 100 billion (decreasing with halving, approx. 70 billion currently assumed to be in circulation)	Limited supply (several million, initial issuance assumed to be 5 million)
Mining Method	Energy-efficient mining via smartphone app (SCP-based)	KYC authentication required, unique Sharia-compliant mining process
Target Market	Global (45+ countries, 70M+ users)	Primarily Islamic countries (256 countries coverage, Dubai-based)
Key Technologies	Stellar Consensus Protocol (SCP), Distributed Ledger Technology	Sharia-compliant DeFi, DEX (Decentralized Exchange), AI Integration
Current Status (Assumed Feb 2025)	Open Mainnet operational (started 2/20/2025), listed on major exchanges	Presale ended, Mainnet preparation underway (planned within 2025)

Note: Prices and status are predictions and subject to change based on actual market trends. Please check official announcements for the latest information.

Commonalities: Why Are They Compared?

Pi Coin and Sidra Coin are different projects, but there are several reasons why they are compared. These commonalities are factors that lead investors and users to perceive a rivalry between them.

Utilization of Web3 and AI Technology: Both are based on next-generation Web3 technology and aim to optimize transactions and improve user experience through AI. Pi pursues high-speed processing with SCP, while Sidra seeks efficiency with AI-driven DeFi.
Philosophy of Decentralized Network: Building a user-led ecosystem independent of centralized banks and institutions. Pi emphasizes the Pioneer community, while Sidra highlights Sharia-compliant decentralized finance.
Integration with E-commerce: Sidra is conducting partnership tests with Amazon and Alibaba (awaiting test results in early 2025), while Pi is expanding its global P2P marketplace. This increases the potential for real-world utility.
Attractiveness to Investors: Both have significant growth potential in immature markets and are attracting attention from investors seeking high returns from initial investments. Pi’s large user base and Sidra’s scarcity are key attractions.
Mobile-Friendly: A common approach is to lower the barrier to cryptocurrency by being designed for mining and use on smartphones.

Background: In the 2025 cryptocurrency market, the spread of Web3 and DeFi is progressing, and e-commerce adoption is considered key to price increases. In this regard, both compete while pursuing different strategies to capture market share.

Differences: In-depth Analysis of Strengths and Weaknesses

While Pi Coin and Sidra Coin may seem similar, they have clear differences. We will analyze their strengths and weaknesses in detail to provide material for investment decisions.

Pi Coin

Strengths:
- Massive Community: Over 60 million users (assumed as of Feb 2025) is a scale unmatched by other cryptocurrencies. Increased demand is expected after Mainnet launch.
- Global Reach: Recognized in over 45 countries, with widespread adoption regardless of region.
- Energy Efficiency: Low environmental impact due to SCP adoption, appealing to ESG investors.
Weaknesses:
- Decreasing Mining Rewards: Halving reduces profitability for new users. Early Pioneers have an advantage.
- Price Volatility Risk: A large amount of free-mined coins could flood the market, increasing selling pressure.
- Intensifying Competition: Competing with existing major players like Ethereum and Solana.

Sidra Coin

Strengths:
- Scarcity due to Limited Supply: Low inflation risk with a cap of several million coins, expected to increase in value.
- Sharia Compliance: Specialization in the Islamic finance market (approx. 2 billion people) is unique. Dubai base appeals to Middle Eastern investors.
- Short-term Growth Potential: Potential for rapid surge as an emerging project (forecasts up to $525).
Weaknesses:
- Short History: Started in 2024, lacking track record. Questions about reliability and stability.
- Market Limitation Risk: Low recognition outside Islamic regions, challenges in global expansion.
- Regulatory Risk: Sharia compliance could pose legal hurdles in some regions.

Analysis: Pi’s strengths are stability and scale, while Sidra’s are scarcity and specialization. The choice depends on your investment stance (long-term or short-term).

E-commerce Integration: Expanding Possibilities

In the 2025 cryptocurrency market, integration with e-commerce is considered a growth driver. Let’s look closely at the initiatives of both coins.

Sidra Coin: Partnership Tests with Amazon/Alibaba

Current Status: Payment tests with Amazon and Alibaba are underway in early 2025. Sidra Coin is becoming usable for specific product purchases.
Impact: If successful, it will establish its position as a cryptocurrency for daily use. Demand surge could potentially push the price to $300-$500.
Challenges: Contracts with major companies are still in the testing phase and not finalized, carrying a risk of failure.

Pi Coin: Expanding Global Payment Network

Current Status: After Mainnet launch, the P2P marketplace is available in 350 countries. Practical use is being demonstrated through events like PiFest.
Impact: If it becomes established as a global payment method, it could reach a stable price range of $100-$200.
Challenges: Needs to maintain uniqueness as competitors like PayPal and Visa advance their cryptocurrency support.

Prediction: Sidra’s key is a short-term boost, while Pi’s is building a long-term foundation. E-commerce adoption will be a catalyst for price increases for both.

Investment Scenarios: 2025 Price Predictions and Strategy

From an investor’s perspective, we will consider the potential of both coins in 2025 through different scenarios. These are predictions and depend on market trends.

Pi Coin

Optimistic Scenario: $150-$200 with successful Mainnet and e-commerce adoption. Demand from 70M users drives it.
Realistic Scenario: $50-$100 is the stable range due to selling pressure and competition.
Pessimistic Scenario: Drops below $20 due to mass selling by miners.

Sidra Coin

Optimistic Scenario: $500-$600 with successful Amazon partnership and scarcity. Could be a temporary boom.
Realistic Scenario: $200-$300 due to Mainnet delays or lack of recognition.
Pessimistic Scenario: Crashes below $50 due to project failure.

Strategy: Long-term hold is effective for Pi, while short-term trading is effective for Sidra. Allocate 5-10% of your portfolio to diversify risk.

Comparison Summary: Which Should You Choose?

Pi Coin: Best suited for investors seeking long-term stability and global reliability. The strength of the community supports growth.
Sidra Coin: For investors willing to bet on short-term profits and the growth of the Islamic market. Higher risk but also potentially higher returns.

Conclusion: Both fulfill different market needs and have the potential to compete and coexist. The choice depends on your investment goals (stability vs. rapid growth), risk tolerance, and market trends. Investing a small amount in both to diversify is also a wise strategy.

*This article is for informational purposes as of February 2025 and is not investment advice. The market is volatile, so please make decisions at your own risk.

Pi Network and the Future of Cryptocurrency: Why You Should Start Mining Now

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The cryptocurrency market is evolving daily, and among them, the Pi Network is attracting attention. In particular, the launch of the Open Mainnet, scheduled for the first quarter of 2025, will be a significant milestone in the history of the Pi Network. This blog will explain the latest information about the Pi Network and its potential in an easy-to-understand way for beginners.

What is Open Mainnet?

Open Mainnet refers to a state where the blockchain is fully operational and actual transactions can take place. This will allow Pi Coin to be traded on external exchanges for the first time and used in real economic activities.

Currently, the Pi Network is in the “Closed Mainnet” phase, where external connections are restricted. However, the transition to Open Mainnet will lift this restriction, allowing users to freely use Pi Coin for transactions and payments.

Why is Open Mainnet Important?

Transaction Liberalization: It will be possible to purchase goods and services using Pi Coin.
dApp Deployment: Decentralized applications (dApps) will operate on the Pi Network, expanding new use cases.
Increased Value and Utility: The demand for Pi Coin is expected to increase, potentially raising its value.

Current Progress

As of February 2025, the number of users who have completed the KYC (Know Your Customer) process on the Pi Network has exceeded 10 million. This achievement indicates that preparations for the transition to Open Mainnet are progressing smoothly. The Pi Core Team is also working to help even more users complete KYC and migrate to the Mainnet.

The final deadline for the transition to Open Mainnet is set for February 28, 2025, after which users who have not completed KYC may lose access to their Pi Coins. Therefore, it is recommended that those who have not yet completed KYC proceed with the process as soon as possible.

Expected Launch Date

Currently, many users are anticipating March 14, 2025 (“Pi Day”), as the Open Mainnet launch date. This day also holds symbolic meaning and will be a memorable day for many users.

For Beginners: Preparations You Can Make Now

Please take the following steps to prepare for the Open Mainnet:

Complete the KYC Process: Complete the identity verification process within the Pi app.
Wallet Setup: Download the Pi Wallet and store your backup in a safe place.
Continue Mining: Launch the app daily and continue mining to earn more Pi Coins.

Summary

The transition of the Pi Network to Open Mainnet is a crucial step that opens the door to a new era of cryptocurrency. This will enable users to utilize Pi Coin in real economic activities, potentially significantly increasing its value. Even if you are not yet prepared, take this opportunity to proceed with necessary procedures such as KYC and wallet setup.

Take a step towards the future starting today!

2025 Pi Network: The Dawn of Open Mainnet and Next-Generation Finance

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Pi Network is moving forward with plans to launch its open mainnet in early 2025, with February 20 decided as the date. This groundbreaking event will be a significant step towards ushering in a new era of decentralized finance (DeFi).

Achieving 10 Million Migrations and the Significance of the Open Mainnet

As of February 10, 2025, Pi Network has reached its migration goal of 10 million users to the mainnet. This milestone fulfills a condition for the open mainnet launch and is crucial for ensuring the project’s stability and inclusivity.

The open mainnet will free users from the constraints of banks and governments, enabling fast and seamless transactions. Furthermore, Pi Coin is expected to maintain a stable value, positioning it as a practical currency suitable for everyday use.

Technological Innovation and Economic Impact

The open mainnet is predicted to bring about the following technological innovations and economic impacts:

Instant Cross-Border Transactions: Transactions across borders will occur instantly, potentially bypassing country-specific financial regulations.
Elimination of Intermediaries: Direct transactions between businesses and individuals will be possible, removing intermediaries like banks and credit card companies.
Stable Currency Value: Pi Coin will maintain a stable value, offering practicality different from Bitcoin or Ethereum.

Global Events and Future Roadmap

On Pi Day, March 14, 2025, Pi Network’s 6th-anniversary event is scheduled. This event will unveil a new roadmap, and large-scale community gatherings and online conferences are planned worldwide.

The roadmap will include static goals for the next 5-10 years and is expected to outline plans for partnerships with developers and the introduction of blockchain-based payment applications.

Importance of KYC and Migration Process

Pi Network emphasizes inclusivity and has extended the deadline for many users to complete the KYC (Know Your Customer) process and mainnet migration. This allows more users to participate in the open mainnet and utilize their Pi Coins.

Conclusion: Will 2025 Be a Year of Financial Paradigm Shift?

If Pi Network successfully launches its open mainnet as planned and continues to expand its ecosystem, it will be a historic declaration challenging traditional financial institutions. 2025 has the potential to be a turning point in the economic landscape.

Let’s continue to watch for the latest updates and see how this innovative project evolves.

Latest Pi Network News: Top 20% Rank with Over 10 Coins! In-Depth Look at KYC and Statistics

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Hello, Pi Network users! Today, we bring you the latest information regarding the Pi Network. In particular, we will explain in detail the importance of KYC (Know Your Customer) and statistical data based on Pi coin holdings.

Importance of KYC (Know Your Customer) and Deadline Extension

Currently, the KYC process is underway on the Pi Network. KYC is an essential procedure for users to be authenticated as official members. This time, the KYC deadline has been extended until February 28th. Let’s take advantage of this period, and those who have not yet completed the procedure should act promptly.

Statistical Data by Pi Coin Holdings

According to data at the time of writing, the number of wallets holding Pi coins is approximately 9,818,698. Among these, the breakdown by holding amount is as follows:

0-1 Pi:64.17%
1-10 Pi:16.71%
10-100 Pi:9.2%
100-500 Pi:6.2%
500-1,000 Pi:2%
1,000-5,000 Pi:1.57%
5,000-10,000 Pi:0.07%
10,000-100,000 Pi:0.073%
100,000-1,000,000 Pi:0.0035%
1,000,000 or more:0.0047%

Ranking in the Top 20% with 10 Pi or More

Interestingly, users holding 10 Pi or more account for 17.12% of the total, ranking in the top 20% of “Pi”. This data also shows that holding even a small amount of Pi coins could lead to future value.

The Reality of Lost Pi Coins

Furthermore, it is reported that over 388 million Pi coins are lost or unused. This number could potentially increase further, with estimates reaching over 800 million coins.

Pi Network’s Global Impact and Future Potential

The Pi Network currently has approximately 10 million users worldwide, which is only 0.79% of the global population. However, this select community has the potential to wield significant influence in the future.

The Pi Network is not just a cryptocurrency project; it is attracting attention as an attempt to build a new economic zone. It can be said that this is a project to keep an eye on.

Summary

As can be seen from the data based on KYC procedures and Pi coin holdings, the Pi Network is steadily growing. Especially those holding 10 Pi or more can expect future value appreciation. If you have not yet completed the KYC procedure, please take this opportunity to do so.

While keeping an eye on the future of the Pi Network, let’s also manage our own assets properly!

Pi Network Shaken by KYB Implementation: Impact of Bybit CEO’s Remarks on Investors

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In the world of cryptocurrency, new projects are constantly attracting attention. Among them, “Pi Network” is particularly a hot topic. This project aims to enable mobile-based cryptocurrency mining and has gathered many supporters. However, on the other hand, there are not a few voices raising doubts about its legitimacy and long-term sustainability.

Bybit CEO’s Remarks Spark Debate

Recently, Bybit CEO Ben Zhou shared his thoughts on the Pi Network on social media, causing a stir. Zhou stated that he would “keep his distance from this project” and cited his past experience in FX trading as the reason for refusing to participate. This statement sparked mixed reactions within the cryptocurrency community and raised new questions about the reliability of the Pi Network.

Major Exchanges Plan to List Pi Coin

Despite these concerns, major cryptocurrency exchanges such as OKX, Bitget, and MEXC have announced plans to list the Pi Network’s token, “Pi Coin,” on February 20, 2024. Meanwhile, Bybit has not issued an official statement at this time, and based on Zhou’s remarks, the possibility of listing is considered low.

Bybit’s Pi Network Listing Rejection and the Impact of KYB

The Pi Network is attracting attention in the cryptocurrency market, but Bybit CEO Ben Zhou’s refusal to list its token, “Pi Coin,” has sparked significant debate. This decision is based on concerns about the project’s legitimacy and business model, as well as Zhou’s own past experiences. Furthermore, the KYB (Know Your Business) protocol adopted by the Pi Network adds a new perspective to this discussion.

Reasons Why Bybit CEO Rejected the Listing

Zhou publicly rejected the request to list Pi Coin, stating that he would “keep his distance from this project.” The background to this is said to be his past experience facing protests and refund requests from investors in FX trading. Furthermore, Zhou is skeptical about the Pi Network’s business model, and some criticize the project as being closer to multi-level marketing (MLM) than blockchain technology.

While Bybit shows a cautious stance, other major exchanges such as OKX and MEXC have announced plans to list Pi Coin. However, these listing plans do not dispel doubts about the project’s transparency and long-term viability.

Such a meme has also been created.

This image is a meme based on a famous scene from the movie “Captain America: The Winter Soldier,” satirically depicting the relationship between cryptocurrency exchange Bybit and Pi Network.

Points of Humor

1. Change in Exchange’s Attitude

In the first panel, Bybit says, “I want to list PI.”

However, the Pi Network side asks, “Do you have Mica certificate? Do you have KYB?”

Then, Bybit suddenly says, “Pi is a ‘Pyramid Scheme Scam’,” and its attitude changes abruptly.

2. Violent Confrontation in the Final Panel

Bybit’s Captain America is being attacked by the Pi Network.

This expresses how the Pi community strongly reacts against Bybit’s statements and actions.

Underlying Meaning

Exchanges like Bybit hope to list Pi Network, but the Pi side is confirming whether regulatory requirements are met.

When regulation is mentioned, Bybit changes its attitude and labels Pi as a scam.

However, the Pi community rebels against this and fiercely opposes it.

This meme can be said to express the strong unity of the Pi community and criticize the contradictory attitude of cryptocurrency exchanges from the perspective of Pi Network supporters.

What is KYB (Know Your Business)?

In addition to KYC (Know Your Customer) authentication for individual users, the Pi Network has introduced the KYB (Know Your Business) protocol for businesses operating within the ecosystem. This KYB aims to ensure that businesses meet regulatory standards and maintain transparency. However, this centralized approach is criticized by some as contradicting the decentralized philosophy of blockchain technology.

Key features of KYB include:

Businesses must complete the authentication process to participate in mainnet activities.
Only authenticated businesses will be listed on the open mainnet.
To build a secure Web3 environment, the system allows only authenticated businesses and users to interact.

However, some concerns have also been raised that these measures undermine the decentralized philosophy and that user assets (Pi tokens) could be frozen if KYC or KYB authentication is revoked.

Impact on Community and Investors

Regarding Bybit’s listing rejection and the introduction of KYB, opinions are divided within the cryptocurrency community:

Voices praising Zhou’s cautious stance and evaluating it as a measure against the fraud risks specific to this industry.
Voices criticizing Zhou’s remarks as “FUD (Fear, Uncertainty, Doubt)” and arguing that the Pi Network’s unique model promotes innovation.

Regarding the introduction of KYB, there are opinions that consider it essential for achieving regulatory compliance and opinions that view it as a betrayal of decentralized technology. Particularly in the Japanese market, the balance between regulatory compliance and innovation is emphasized, and in this regard, the Pi Network can be said to be facing challenges.

Conclusion

Bybit’s rejection of the Pi Coin listing highlighted widespread concerns about its legitimacy and market readiness. Meanwhile, while the KYB protocol aims to improve security and compliance within the ecosystem, its centralized nature also faces criticism. How the Pi Network, with its open mainnet launch scheduled for February 20, 2024, will address these challenges, and the outcome of that, will significantly influence its future success and trustworthiness.

Expectations and Concerns Regarding Market Performance

If Pi Coin is listed on major exchanges, significant trading volume is expected. However, market performance depends on multiple factors, including user adoption rate and overall market sentiment. Some analysts predict a bullish start, while others warn about the possibility of a “pump and dump.”

Impact on Community and Investors

The Pi Network already has millions of users, and its support base is very strong. However, criticism from influential figures like Zhou could affect its credibility and market valuation. Ultimately, it will likely be a typical case of high risk, high reward.

Conclusion and Future Outlook

The Pi Network has attracted significant attention due to its innovation and accessibility. However, its success comes with many challenges. As an investor, it is important to conduct sufficient research and carefully evaluate the risks and returns.

Pi Network Open Mainnet Launch in 2025! List of Expected Listing Exchanges

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A historic moment in the cryptocurrency industry is fast approaching. Pi Network has announced the official launch of its open mainnet on February 20, 2025, at 8:00 AM (UTC). This transition will evolve the Pi Network into a fully decentralized ecosystem, enabling external integration and real-world use.

What is the Open Mainnet?

Until now, the Pi Network has operated within a closed ecosystem, preventing users from moving Pi tokens to external wallets or exchanges. However, with the launch of the open mainnet, Pi Coin will be able to interact with external blockchains and exchanges as an independent cryptocurrency.

This new phase is expected to bring a wide range of real-world use cases, including e-commerce, remittances, and peer-to-peer transactions. Integration with other blockchains such as Ethereum and Binance Smart Chain will also become possible.

Below is information from the official announcement pages of major exchanges regarding their handling of Pi Network (PI Coin). Each page provides detailed explanations of the trading start date, trading pairs, and procedures after listing.

Official Announcement Information for Major Exchanges

OKX OKX has announced that spot trading for Pi Network token (PI) will begin on February 20, 2025. The trading pair will be PI/USDT, and details can be found on the official announcement page. Announcement page: https://www.okx.com/learn/when-will-pi-network-launch-tradinghttps://www.okx.com/press
MEXC MEXC has announced in its official news that trading for the PI/USDT pair will begin on February 20, 2025. Further information can be found on the official website. Announcement page: https://www.mexc.com/ja-JP/support/articles/17827791521948https://www.mexc.com/news
Bitget Bitget has announced the start of trading for the PI/USDT pair from February 20, 2025, at 8:00 AM (UTC) on its official blog. Please refer to the blog post for detailed trading conditions. Announcement page: https://www.bitget.com/news/detail/12560604567529https://www.bitget.com/ja/news
Gate.io Gate.io has announced the listing of PI Coin in conjunction with the launch of the Pi Network’s open mainnet. Details such as the future trading start date are published in the official news section.
Bitrue Bitrue has officially announced the start of PI token trading from February 20, 2025. Trading conditions and other details are clearly stated in the official news section.
Pionex Pionex has clearly stated in its official announcement that PI/USDT trading will begin on February 20, 2025. Detailed information can be found on the news page of the official website.

Summary

By checking the official announcement pages of each exchange, you can quickly grasp the latest trading start information, trading pairs, and trading conditions. With increased liquidity and demand after listing, the market trend of PI Coin is attracting attention. Investors and users should regularly check each official website and strive to gather the latest information.

Binance and Other Major Exchange Trends

There are no official announcements yet from major exchanges such as Binance and Coinbase. However, listing on major exchanges is expected after the Pi Network’s open mainnet launch. Meanwhile, HTX (formerly Huobi) has ended Pi IOU trading and is reportedly preparing for the listing of genuine Pi tokens.

KYC and Mainnet Migration: Important Steps

Over 19 million users have completed the KYC process, and over 10.14 million of them have already migrated to the mainnet. Users who have not completed KYC are recommended to complete the procedure by February 28, 2025.

Summary: Future Expectations and Precautions

The launch of the Pi Network’s open mainnet and listing on multiple exchanges will have a significant impact on the entire cryptocurrency industry.

Complete the KYC procedure and prepare to participate in this new financial ecosystem! It is important to make strategic investment decisions while carefully monitoring market trends.

*This article is for informational purposes only and does not constitute investment advice. Please make investment decisions at your own discretion.

Pi Network Open Network Launch and the Potential of Pi Coin

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After February 20, 2025, the Pi Network is scheduled to launch its long-awaited open network. This move signals a new development in the cryptocurrency market and is attracting the attention of many investors and users. This article provides a detailed explanation of the latest information on the Pi Network, security measures, market value predictions, and future prospects.

Importance of Open Network Launch

After a long preparation period, the Pi Network has finally announced the launch of its open network. This transition will allow for wider use of the platform, with expectations for listing on exchanges and the development of new use cases. According to the official announcement, February 20, 2025, is expected to be a significant milestone.

Robust Security Measures

The Pi Network maintains high security standards, particularly in its KYC (Know Your Customer) process. While many users struggle with KYC verification, accurate submission of documents such as passports and identification cards is required. This helps prevent fraudulent activities and builds a secure ecosystem.

Pi Network KYC Deadline Extension: Community Reactions and Future Outlook

Pi Coin Market Value Prediction

There is much speculation surrounding the market value of Pi Coin. Assuming a current circulating supply of 6 billion coins, the price is predicted to potentially reach a value of over 1 dollar. However, this price range can fluctuate significantly depending on the supply, so the exact figure will depend on future announcements.

Potential Listing on Major Exchanges

Given its large community and project scale, the Pi Network is expected to be listed on major exchanges such as Binance and Coinbase. This will further enhance liquidity and market recognition.

Selling Pressure Reduction Through Lockup

Many users have locked up their Pi coins, and this activity is believed to reduce selling pressure. In some cases, lockups have been maintained for over 3 years, and this trend is expected to continue after the market debut.

Future Use Cases and Prospects

The Pi Network is not just a cryptocurrency project; it aims to function as a payment tool in the future. With transactions by millions of users and large-scale adoption plans underway, this project has the potential to become a significant entity in the cryptocurrency industry.

Expected Movements After Initial Listing

Like many cryptocurrency projects, Pi Coin is expected to experience a significant rally (price surge) upon initial listing. This tends to occur regardless of bull markets or other market conditions. Additionally, Bitcoin (BTC) supply constraints and the monetary policy of the U.S. Federal Reserve (FED) could also influence this movement.

Summary

The Pi Network is attracting attention in the cryptocurrency industry due to its innovative vision and strong foundation. Many new developments are expected after the open network launch, and its potential is limitless. Let’s continue to watch how this project evolves in the future.

February 20, 2025: Pi Network Open Network Launch – Official Announcement and Its Impact

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For Pi Network users, the long-awaited news has finally arrived. According to the official announcement, the Pi Network Open Network is scheduled to launch on February 20, 2025, at 8:00 AM (UTC). This announcement marks a significant milestone for the entire community that has waited for 6 years.

What is Pi Coin?

Unlike traditional cryptocurrencies, Pi Coin is designed as a utility-based cryptocurrency. This coin is designed to be used in real-world applications and transactions, and its potential is limitless.

Utility-Based Ecosystem

According to the official announcement, Pi Coin has a rapidly growing utility-based ecosystem with millions of verified users (Pioneers) participating. This Open Network will enable connections with external systems and provide new applications and transaction methods.

6 Years of Effort and Anticipation

The community has been waiting for this moment for 6 years. During this time, users have mined coins for free, believing that their value would be comparable to gold in the market. This announcement is the moment when years of effort and patience are rewarded.

Global Recognition

Pi Coin is already widely known around the world and has recognition comparable to Bitcoin and Ethereum. It is said that anyone who has encountered cryptocurrency knows about Pi Coin.

Importance of Daily Mining

Users are strongly encouraged to continue mining daily. The coins currently obtained are free and are expected to have future value. Particular attention is called not to miss this opportunity.

Future Outlook and Points to Note

It is important to continue checking for official announcements and the latest information through the Pi Mining app. New information and features may be added, and all users need to be prepared to make the most of this progress.

“The launch of this Open Network will be a great celebration for all of us.” – Pi Community

February 20, 2025, will be a historic day for the Pi Network and its users. Let’s prepare to celebrate the dawn of this new era. The Open Network is not the end; it is the beginning!