{"id":253138,"date":"2024-12-21T23:26:38","date_gmt":"2024-12-21T14:26:38","guid":{"rendered":"https:\/\/pinetwork.masters-all.com\/?p=253138"},"modified":"2024-12-21T23:26:38","modified_gmt":"2024-12-21T14:26:38","slug":"pi-network-mainnet-migration-2025q1-announcement","status":"publish","type":"post","link":"https:\/\/pinetwork.masters-all.com\/english\/pi-network-mainnet-migration-2025q1-announcement\/","title":{"rendered":"Pi Network: Latest News &#8211; Mainnet Migration Set for Q1 2025! Summary of KYC and Migration Status"},"content":{"rendered":"<p>Pi Network has made an official announcement, and the long-awaited mainnet migration period has been decided as the first quarter (Q1) of 2025. This is a postponement from the initially planned migration period of the end of December 2024, but it is a decision made with consideration for more users to participate. Since it is not clear whether the first quarter of 2025 will be January-March or April-June, speculation is emerging. (I think it might be the former because it&#8217;s an American company. If so, March 14th?)<\/p>\n<p>Summary of the official blog.<br \/>\n<a href=\"https:\/\/minepi.com\/blog\/open-network-update\/\">https:\/\/minepi.com\/blog\/open-network-update\/<\/a><\/p>\n<h2>Current Progress<\/h2>\n<p>Regarding the current progress of Pi Network, the following important indicators have been released:<\/p>\n<ul>\n<li>Number of users who completed KYC verification: Over 18 million<\/li>\n<li>Number of users who completed mainnet migration: Over 8 million<\/li>\n<li>Number of migrations processed per day: Approximately 200,000<\/li>\n<\/ul>\n<h2>Reason for Mainnet Migration Postponement<\/h2>\n<p>The main reasons for setting the migration period to Q1 2025 are as follows:<\/p>\n<p><strong>Reducing the gap between KYC verification and mainnet migration<\/strong> is an important task. Currently, there are over 10 million users who have completed KYC verification but have not yet completed mainnet migration.<\/p>\n<h2>Future Schedule<\/h2>\n<p>Pi Network has indicated the following timeline:<\/p>\n<ul>\n<li>KYC application deadline: Extended until December 31, 2024<\/li>\n<li>Mainnet migration target: 10 million users<\/li>\n<li>Open Network launch: Q1 2025<\/li>\n<\/ul>\n<h2>Recommendations for Users<\/h2>\n<p>Current Pi Network users are recommended to take the following actions:<\/p>\n<ul>\n<li>Promptly complete unfinished KYC verification<\/li>\n<li>Check the requirements on the mainnet checklist<\/li>\n<li>Complete the necessary migration procedures<\/li>\n<\/ul>\n<h2>Future Outlook<\/h2>\n<p>After the mainnet migration, the Pi Network ecosystem is expected to fully launch. The development team aims to build a platform that emphasizes stability and sustainability.<\/p>\n<p>A particularly noteworthy point is how the listing on exchanges and partnerships with partner companies will unfold after the mainnet migration.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Pi Network has made an official announcement, and the long-awaited mainnet migration period has been decided a [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":252649,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[56],"tags":[327,33,25,3,853],"class_list":["post-253138","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-pinetwork","tag-kyc-verification","tag-mainnet-migration","tag-open-network","tag-pi-network","tag-q1-2025"],"_links":{"self":[{"href":"https:\/\/pinetwork.masters-all.com\/english\/wp-json\/wp\/v2\/posts\/253138","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/pinetwork.masters-all.com\/english\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/pinetwork.masters-all.com\/english\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/pinetwork.masters-all.com\/english\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/pinetwork.masters-all.com\/english\/wp-json\/wp\/v2\/comments?post=253138"}],"version-history":[{"count":0,"href":"https:\/\/pinetwork.masters-all.com\/english\/wp-json\/wp\/v2\/posts\/253138\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/pinetwork.masters-all.com\/english\/wp-json\/"}],"wp:attachment":[{"href":"https:\/\/pinetwork.masters-all.com\/english\/wp-json\/wp\/v2\/media?parent=253138"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/pinetwork.masters-all.com\/english\/wp-json\/wp\/v2\/categories?post=253138"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/pinetwork.masters-all.com\/english\/wp-json\/wp\/v2\/tags?post=253138"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}