As the situation surrounding Pi Network changes daily, we would like to provide users with important information. While expectations for developments in December are rising, issues that require attention are also emerging.
Current Status Regarding December Developments
Many users have expressed expectations regarding the open mainnet rollout. However, the specific rollout timing is not limited to December 31st and may be postponed until January or later.
Important Notes for Preventing Fraud
Warning Against Illicit Fundraising
Recently, fraudulent solicitations such as the following have been reported:
- Offers to pay for pilgrimage trips with Pi coin
- Promises of 2.5 million yen payments for priority customers
- Fraudulent solicitations claiming Pi coin can be used for housing purchases
Guidelines for Safe Pi Network Usage
Special attention is required for the following points:
- Do not disclose your password to third parties
- Do not respond to solicitations that demand cash payment
- Avoid transactions outside of official applications
Realistic View on GCV Pricing
At present, a cautious view is necessary regarding GCV pricing. In the initial stages, a price range of around 100 to 500 yen is considered realistic, and valuation on the scale of billions of yen is deemed unrealistic.
Future Outlook and Points to Note
Recognition of Pi Network as a formal payment method may take time. At present, the following points require attention:
- Restrictions regarding exchange with fiat currency
- Restrictions on the number of coins usable per day
- Adherence to official guidelines for transactions
Finally, while observing the development of Pi Network, let’s strive for safe and appropriate usage. If you have any uncertainties, be sure to check official information.