Pi’s Open Network Set to Launch February 20, 2025!
Home » Blog » Pi’s Open Network Set to Launch February 20, 2025!
Pioneers, Pi Network will officially transition to the Open Network period of Mainnet at 8:00AM UTC on February 20, 2025!
As a result of the hard work and commitment from the entire Pi community over the last six years, the Pi community is taking the enormous next step in achieving the Pi vision of the world’s most inclusive peer-to-peer ecosystem and online experience, fueled by Pi, the native token of Pi Network
We’ve reached 10.14 million Mainnet migrations, exceeding the original 10 million goal, due to upgrades announced in the last timeline update, and Pi is ready to open its utilities-driven ecosystem where our now over 19 million identity-verified Pioneers can use Pi—a cryptocurrency with real-world functions and applications backing it.
On launch day, stay tuned for more information about Open Network! For now, let’s take a look back at Pi’s journey, what to expect at Open Network launch, updates on Open Network conditions, and how you can prepare in the meantime!
Pi Network’s over six-year journey to Open Network has been built on milestones and deliberate phases driven by Pioneers, the ecosystem, and community. The current Mainnet Phase 3 began in December 2021 with the launch of the Enclosed Network period, which meant Mainnet was live but with a firewall that prevents any external connectivity. This period set the stage for Open Network, allowing time for:
A new mining rewards issuance formula was also released in March 2022 early on in the Enclosed Network, following a declining exponential model that balances the network’s need for growth, accessibility, longevity, and scarcity while right-sizing the Pioneers’ rewards for contribution to the network.
The Grace Period was enacted July 1st, 2024—accelerating progress towards Open Network—to strike a balance between providing Pioneers adequate time to pass KYC and be eligible to obtain Pi on Mainnet, while creating enough incentive and urgency for people to pass KYC and migrate to Open Network. In preventing unverified Pi beyond the rolling 6-month KYC period from obtaining Pi on Mainnet, this strategy helps Pi get freed up for mining by other Pioneers.
All the while, Pioneers who obtained Pi on Mainnet were able to transact Pi with other Pioneers within the network. For example, PiFest 2024, a one week event, facilitated the transaction of Pi for goods and services between Pi merchants and Pioneer shoppers on a local level, attracting over 27,000 active sellers and 28,000 test merchants across 160 countries, and participation of over 950,000 Pioneers within just a few days. PiFest showcased Pi’s complete ecosystem for local commerce integration, connecting store discovery through Map of Pi, payments via Pi Wallet, transactions on Pi Mainnet blockchain, and social sharing on Fireside Forum—all seamlessly working across different existing Pi applications
The launch of the Open Network brings an important new change—external connectivity—to the layer-1 Pi blockchain creating an environment where Pi can connect securely with external systems, expanding opportunities for Pioneers and businesses.
The transition to Open Network will enable external connectivity on the Mainnet blockchain, allowing Pi to interface with other compliant networks and systems. This means Pioneers will be able to engage in transactions beyond the Pi ecosystem, expanding Pi’s utility and reach.
Upon Open Network launch with the firewall removed, anyone can technically add nodes to the Mainnet blockchain, in terms of running the protocol and connecting to the network. The Core Team will gradually invite Pioneers to transition their nodes from Testnet to Mainnet via the desktop node UI, prioritizing those with strong historical contributions and reliability scores. Node rank data will be made public as soon as possible.
To maintain a safe and compliant ecosystem, participation in Mainnet blockchain activities will require KYC (Know Your Customer) verification for Pioneers, and KYB (Know Your Business) verification for businesses. Overall, Pi intends to be a safe Web3 space where Pioneers can have external connections with the Pi they hold—KYB’d businesses and partners interface with real KYC’d Pioneers, and vice versa.
Businesses can apply for KYB verification through the webpage here. Once Open Network launches, Pioneers can see a list of KYB-verified businesses on the Pi website.
The Open Network date was chosen based on the Open Network Conditions set and shared with the whole community in December 2023. Pi Network’s progress in completing the Open Network conditions has continued and accelerated through community efforts since the December 2024 timeline update. The network has now reached all conditions required for Open Network, and thus it is time for the Open Network!
Let’s go over the conditions in detail below.
Pioneers should continue to KYC and migrate to Mainnet if they haven’t already before or after the Open Network launch, and engage with Pi apps in the Pi Browser to support ecosystem development and long-term utility. Likewise, community developers are encouraged to develop, refine and launch apps that meet Pi Network’s standards and contribute to the community and its utility.
Contributions from Pioneers and community developers are essential to the network’s strength and resilience as new challenges emerge in the Open Network phase.
Here’s how Pioneers can engage actively:
For developers:
As Pi Network enters the Open Network period, Pioneers, developers, and businesses are invited to collaborate actively, driving innovation and to ensure that Pi Network remains a sustainable, distributed and robust community.
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Our Journey Here
What to Expect from Open Network at Launch
Update on Open Network Conditions
What Pioneers and Developers Should Do During the Open Network Period
Connecting Pi With the Outside World
Business Compliance Requirements for Network Participation
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KYC Name Mismatch and Small Typo Phone Number Change
Why is Pi coin not listed on Binance for trading?
Written By:
Jahnu Jagtap
The current hot topic in the crypto ecosystem is the PI network and its native token, PI coin. With only hours left for the mainnet launch, the hype is understandable. However, one question looms large: why hasn’t Binance, the world’s largest exchange, listed Pi Coin?
The answer is plain and simple: Pi coin has not completed the required conditions set by Binance to list a coin. Users will have top wait to trade Pi coin on the exchange.
There has been no official announcement of the Pi coin listing on Binance, but the exchange has not neglected the idea.
The hype of Pi network and Pi coin is so much that Binance did a community vote, asking users to reply whether the exchange should list Pi coin or not through their official square ID.
This indicates that the project may be in talks with the exchange for a listing as soon as possible. However, Binance has clearly stated that voting results won’t result in a Pi coin listing, that would happen only if their token parameters are matched.
As of now, all eyes are on the Pi mainnet launch scheduled for February 20, UTC 08:00 AM.
Also Read: 24 hours to go before Pi launch: Guess Value of 1 $Pi
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What Is the Pi Network Mainnet Launch? Everything You Need to Know
KEY TAKEAWAYS
The Pi Network mainnet launch is one of the most anticipated events in the cryptocurrency world. Scheduled for February 20, 2025, this milestone marks the transition from a closed, testing phase to an open, fully decentralized network.
In this article, you’ll learn about Pi Network’s journey, significance, and what you can expect from the launch.
Pi Network is a digital currency project developed by Stanford graduates with a mission to make cryptocurrency mining accessible to everyone via mobile devices.
Instead of energy-intensive hardware mining, Pi allows users—known as “Pioneers”—to earn Pi coins using a lightweight mobile app. Since its inception on Pi Day (March 14, 2019), the network has grown to millions of users worldwide, all while building a robust ecosystem through community engagement and referrals.
Pi Network’s journey has been carefully divided into several phases:
The open mainnet launch is the turning point where Pi Network transitions from an enclosed ecosystem to an interoperable blockchain. Key features include:
The anticipation of the open mainnet launch has already sparked significant market excitement. Recent developments, including confirmed listings on platforms like OKX, have driven Pi coin’s price upward—sometimes by as much as 70% within hours of major announcements.
Analysts are closely watching whether Pi can break through key resistance levels (such as the $100 barrier) as it transitions into a fully open market.
To ensure a secure and compliant transition:
After the mainnet launch, trading your Pi Coin becomes a straightforward process similar to selling other cryptocurrencies. Here’s a step-by-step guide:
Remember to always double-check addresses, secure your accounts with strong passwords and 2FA, and stay updated with official announcements to avoid scams.
Despite its promising vision, Pi Network has faced various criticisms that are important to acknowledge:
The Pi Network mainnet launch on February 20, 2025 represents a revolutionary leap forward for the project and the broader cryptocurrency landscape. By transitioning from a closed environment to an open, decentralized network, Pi Network aims to make digital currency accessible to billions while offering sustainable, energy-efficient mining.
Whether you’re a long-time Pi Pioneer or a newcomer curious about the future of crypto, the upcoming mainnet launch is a pivotal moment that could reshape digital finance as we know it.
Stay tuned for more updates as the launch date approaches, and make sure to complete your KYC verification to secure your Pi coins for the new era of decentralized finance!
The open mainnet is set to launch on February 20, 2025, marking the transition to an open, decentralized blockchain.
