Pi Network Open Mainnet Launching on 20 February 2025!

Pi Network Open Mainnet Launching on 20 February 2025! – The Pi Network Open Mainnet will officially launch at 8:00 AM UTC on February 20, 2025! This marks a significant milestone as Pi Network transitions from the Mainnet enclosed phase to an open blockchain ecosystem, allowing broader access and utility for the Pi cryptocurrency.

Thanks to the dedication and hard work of the Pi Network community over the past six years, this transition brings Pi closer to its vision of becoming the most inclusive peer-to-peer digital ecosystem powered by its native currency, Pi.

With over 10.14 million pioneers successfully migrated to the Mainnet, surpassing the original target of 10 million, the ecosystem is now thriving. More than 19 million verified users can use Pi as a functional cryptocurrency in real-world applications.

Stay Tuned for More Open Mainnet Details!

As we approach the launch date, expect more updates on the Open Mainnet, its features, participation requirements, and how to prepare.

Important Links Before Proceeding:

Pi Network’s Journey So Far

Enclosed Network Phase and Open Mainnet Preparation

The third phase of Pi Network’s Mainnet began in December 2021, introducing the Enclosed Network phase. This phase kept the Mainnet operational but behind a firewall, preventing external connections.

During this time, the network:
✅ Enabled pioneers to complete their KYC verification and migrate their Pi coins to Mainnet.
✅ Allowed developers to build and test real-world applications within the Pi ecosystem.
✅ Gave the Core Team time to enhance Pi’s functionalities and expand services.

In March 2022, a new mining rewards formula was introduced, balancing growth, accessibility, and sustainability while maintaining Pi’s scarcity and incentivizing community contributions.

Grace Period and Accelerating the Open Mainnet Transition

On July 1, 2024, the Grace Period was introduced to accelerate progress toward the Open Mainnet. This phase aimed to:

  • Provide pioneers extra time to complete KYC verification.
  • Encourage migration to Mainnet while ensuring a smooth transition.

During this period, pioneers could transact with Mainnet Pi within the Pi ecosystem. Events like PiFest 2024 demonstrated Pi’s real-world utility:
🔹 Over 27,000 active vendors and 28,000 pilot merchants from 160 countries accepted Pi.
🔹 Around 950,000 pioneers made purchases using Pi in just a few days!

Key ecosystem components used during PiFest:

  • Pi Map to discover Pi-accepting businesses.
  • Pi Wallet for seamless payments.
  • Pi Mainnet Blockchain for transaction processing.
  • Fireside Forum for sharing experiences.

What to Expect from the Open Mainnet Launch?

Connecting to the External World

With Open Mainnet, the firewall will be removed, enabling Pi’s blockchain to interact with external networks. This means:
✅ Pioneers can conduct transactions beyond the Pi ecosystem.
✅ Increased Pi adoption and global utility.
✅ Anyone can run a node on the Mainnet, with priority given to those who contributed historically.

Participation Requirements & Compliance

To ensure a secure and compliant network:

  • Pioneers must complete KYC verification to use Open Mainnet.
  • Businesses must pass KYB (Know Your Business) verification to accept Pi.

Businesses can apply for KYB through an official portal, which will be announced soon. Once Open Mainnet is live, a directory of verified businesses will be available on Pi’s official website.

Updated Open Mainnet Launch Conditions

The February 20, 2025 launch date was set based on conditions announced in December 2023, all of which have been met:
Technical, product, business, and legal preparations are complete.
Over 19 million pioneers have completed KYC verification, surpassing the 15 million target.
More than 10.14 million pioneers have migrated to Mainnet, exceeding the 10 million goal.
Over 100 applications are either live on Mainnet or ready for launch, ensuring a thriving ecosystem.

What Should Pioneers & Developers Do in the Open Mainnet?

For Pioneers:

✔️ Continue mining and contributing to the network.
✔️ Use Pi apps and help expand the ecosystem.
✔️ Trade Pi with verified businesses to increase real-world adoption.
✔️ Complete KYC and Mainnet migration if you haven’t done so.

For Developers:

🔸 Improve existing Pi apps to enhance user experience.
🔸 Build new applications to strengthen the ecosystem.

Conclusion

With the Open Mainnet launch on February 20, 2025, Pi Network is entering a new era. Whether you’re a pioneer, developer, or business, this is your chance to participate in a truly decentralized and valuable cryptocurrency economy.

🚀 Join the revolution and be part of Pi’s financial future!

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