Pi Network Goes Open: Mainnet Launch Set for February 20, 2025!

Pi Network has declared that it will formally shift to the Open Network phase of its Mainnet at 8:00 AM UTC on February 20, 2025. This achievement represents more than six years of commitment from the Pi community, striving to create an inclusive peer-to-peer ecosystem driven by Pi, the network’s native currency.

Key Takeaway:

• Pi Network’s Open Network will officially launch on February 20, 2025, at 8:00 AM UTC.
• This marks the end of the Enclosed Network period and enables external blockchain connectivity.
• Over 10.14 million Mainnet migrations and 19 million KYC verifications have been completed.
• The Grace Period, which started on July 1, 2024, helped accelerate KYC and Mainnet migrations.
• KYC verification is required for Pioneers, while businesses need KYB verification to participate.
• The transition will allow transactions beyond the Pi ecosystem, expanding its real-world utility.
• The Core Team will gradually shift nodes from Testnet to Mainnet, prioritizing reliable contributors.
• Pioneers should continue mining, engaging with Pi apps, and completing KYC before the launch.
• Developers are encouraged to refine and build new applications for the Pi community.
• This is a major milestone toward Pi Network’s vision of a decentralized, peer-to-peer ecosystem.

The network has exceeded its initial objective, reaching over 10.14 million Mainnet migrations and confirming the identities of more than 19 million Pioneers. This advancement paves the way for a utilities-focused ecosystem where Pi can be applied in practical scenarios.

The path to this moment started in December 2021 with the introduction of the Enclosed Network phase, providing time for Pioneers to finalize KYC (Know Your Customer) procedures, developers to construct applications, and the Core Team to improve multiple features. In March 2022, a fresh mining rewards issuance model was implemented, ensuring a balance between growth, accessibility, longevity, and scarcity. The Grace Period, initiated on July 1, 2024, further boosted progress by motivating Pioneers to finish KYC and transition to the Mainnet.

With the Open Network debut, Pi’s Mainnet blockchain will support external connectivity, facilitating interactions with other compliant networks and systems. This progression broadens Pi’s usability and accessibility, allowing Pioneers to conduct transactions outside the Pi ecosystem. Moreover, the Core Team intends to progressively shift nodes from Testnet to Mainnet, prioritizing those with strong historical performance and reliability.

To uphold a secure and compliant ecosystem, engagement in Mainnet blockchain operations will necessitate KYC verification for Pioneers and KYB (Know Your Business) verification for enterprises. Businesses can submit KYB verification requests via the Pi Network website, and a roster of KYB-approved enterprises will be accessible once the Open Network goes live.

As the Open Network launch nears, Pioneers are urged to persist in mining, interact with Pi applications, contribute to ecosystem development, and finalize KYC and Mainnet migration steps if not yet completed. Community developers are likewise encouraged to enhance existing applications and develop new solutions catering to the needs of the Pi community and beyond.

This evolution signifies a crucial milestone in achieving Pi Network’s aspiration of a decentralized, peer-to-peer ecosystem with tangible applications.

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