Pi Network is officially transitioning to its Open Network phase on February 20, 2025, at 8 AM UTC, marking the end of its Enclosed Mainnet period. This milestone opens Pi’s blockchain to the broader public, allowing external systems to communicate and enabling transactions beyond the Pi ecosystem.
So far, the Pi Network @PiCoreTeam has been the project with the worst type of KYC process.
If I’m not mistaken, been farming Pi since around 2020/2021, was consistent and stopped at a time…
It’s been well above 1 year if not 2 years that my KYC on @PiCoreTeam has been… https://t.co/F2rH27YdQ7 pic.twitter.com/5TwmkDqSKW
— TheGreatVictor 🥷🧬🩺 (@D_GreatVictor) February 11, 2025
During the Enclosed Mainnet phase, Pi achieved significant milestones, including the migration of over 10 million Pioneers to Mainnet and the verification of 19 million users. These achievements set the stage for the Open Network launch, which will give Pi’s 19 million identity-verified Pioneers access to real-world applications of the cryptocurrency.
The Open Network will bring Pi’s ecosystem closer to real-world use, unlocking its full potential for utilities, decentralized finance, and other blockchain-based applications. As part of this transition, Pi Network will be listed on the OKX exchange, with trading available on the PI/USDT pair.
However, the transition has been met with skepticism. Critics have raised concerns about the project’s delayed mainnet launch, potential pyramid-like structures, and KYC verification issues. Despite these criticisms, the project continues to move forward with its Open Network launch as a key step in its ambition to become a fully integrated cryptocurrency platform.
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