Pi Network, a rapidly growing cryptocurrency platform, is set to transition to the Open Network period of its Mainnet on February 20, 2025, at 8:00 AM UTC. This milestone marks the culmination of over six years of development and community effort, bringing the vision of a peer-to-peer ecosystem closer to reality.
The Journey to Open Network
The journey to Open Network has been built on significant milestones and deliberate phases. Mainnet Phase 3 began in December 2021 with the Enclosed Network period, where Mainnet was live but externally restricted. During this period, over 19 million Pioneers completed KYC (Know Your Customer) verification and migrated to Mainnet, exceeding the original goal of 10 million.
Additionally, the network saw the development of over 100 Mainnet-ready apps, showcasing the vibrant and diverse utility necessary for Pi Network’s success. Events like PiFest 2024, which facilitated local commerce integration using Pi, highlighted the complete ecosystem for transactions between Pioneers.
What to Expect from Open Network
The Open Network launch will bring external connectivity to the Pi blockchain, enabling it to interface with other compliant networks and systems. This will expand Pi’s utility and reach, allowing Pioneers to engage in transactions beyond the Pi ecosystem.
The Core Team will invite Pioneers to transition nodes from Testnet to Mainnet, prioritizing those with strong contributions and reliability. Business participation will require KYB (Know Your Business) verification to ensure a safe and compliant ecosystem.
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Community and Developer Contributions
Pi Network’s Open Network period relies on Pioneers and developers to strengthen and sustain its growth and resilience. Pioneers should continue mining, engaging with Pi apps, and supporting the ecosystem’s utility. Pi Network encourages developers to refine existing apps and create new ones that meet the community’s needs.
Pi Network encourages store owners to accept Pi for transactions, adding more utility to Pioneers’ everyday lives. The ongoing KYC and migration process will ensure that the network remains robust and secure.
Conclusion
The launch of Pi Network’s Open Network on February 20, 2025, marks a significant milestone in the platform’s development. External connectivity elevates Pi Network to a leading cryptocurrency, unlocking new opportunities for Pioneers and businesses.
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