The much-anticipated Pi Open Network will officially launch on February 20, 2025, marking a major milestone after six years of development and engagement from millions of users, known as Pioneers.
The announcement was made via the Pi Core Team’s official X (formerly Twitter) account on February 12, confirming that the Open Network will go live at 8 AM UTC on February 20.
What to Expect at Launch
The Open Network launch will introduce external connectivity, enabling the Pi blockchain to integrate with other networks and real-world applications. The firewall will be removed, allowing external nodes to connect to the Mainnet, expanding Pi’s utility beyond its internal ecosystem.
Key expectations include:
✅ Transactions beyond the Pi ecosystem – Pioneers can use Pi for real-world applications.
✅ Public node participation – Anyone can technically add nodes to the Mainnet blockchain.
✅ Prioritized migration – Pioneers with strong contributions will transition first from Testnet to Mainnet.
✅ KYC & KYB requirements – Individuals and businesses must complete Know Your Customer (KYC) and Know Your Business (KYB) verification for participation.
Impact on Pi’s Value
Following the announcement, Pi’s IOU price surged by approximately 70% on CoinMarketCap, reflecting heightened interest in the project.
How Pioneers and Developers Can Contribute
🔹 Pioneers: Continue mining, engage with Pi Apps, and support local commerce by using Pi for transactions.
🔹 Developers: Enhance existing Mainnet apps and create new blockchain solutions for the Pi ecosystem.
🔹 Businesses: Complete KYB verification to enable seamless transactions within the network.
As Pi Network enters this new phase, its community of Pioneers, developers, and businesses is expected to collaborate and innovate, ensuring a sustainable and robust blockchain ecosystem.
Post a Comment