Pi Network, a blockchain-based digital currency platform, is gearing up for the launch of its Open Mainnet, a significant milestone that will enhance its real-world utility and adoption. The upcoming transition will allow Pi holders to use their tokens outside the Pi ecosystem, trade them on external exchanges, and integrate Pi into various blockchain applications.
Additionally, the Pi Network Pilot App has been updated with several new features, improving user experience and security. This blog covers everything you need to know about the Pi Network Mainnet launch, Pilot App updates, KYC process, and the potential price of Pi Coin in the coming months.
What is Pi Network? An Overview of This Cryptocurrency Project
Pi Network is a decentralized digital currency and blockchain project launched in 2019 by a group of Stanford University graduates. Its main objective is to make cryptocurrency mining accessible to mobile users, eliminating the need for expensive mining hardware. Unlike traditional cryptocurrency mining, which requires high computational power and electricity consumption, Pi Network allows users to mine Pi Coins using their smartphones.
As of 2025, Pi Network has over 70 million active users worldwide, and its adoption is growing rapidly. The network operates on the Stellar Consensus Protocol (SCP), making it energy-efficient, secure, and scalable. While Pi Coins are currently used within the ecosystem for various services and transactions, the Open Mainnet launch will enable external trading and broader blockchain integration.
Pi Network Open Mainnet Launch: What to Expect?
The Pi Network Open Mainnet is scheduled for February 20, 2025, marking a transition from the enclosed network to full public access. This upgrade will allow Pi Coins to be transferred to external exchanges, making them tradable like Bitcoin and Ethereum.
The Open Mainnet launch is expected to unlock several new opportunities for Pi holders. Users will be able to:
- Exchange Pi Coins on major cryptocurrency exchanges once listed.
- Use Pi for real-world transactions in businesses and e-commerce platforms that accept it.
- Participate in decentralized applications (DApps) and smart contracts powered by the Pi blockchain.
The Pi Core Team has emphasized that security and compliance are top priorities. As a result, KYC (Know Your Customer) verification is mandatory for all users before they can access their Pi tokens on the Open Mainnet.
Pi Network Pilot App: New Features and Enhancements
The Pi Network Pilot App has introduced several updates to improve the user experience and make transactions more seamless. Some of the latest features include:
1. Profile Picture Upload
Users can now upload a profile picture to personalize their accounts and enhance community engagement within the Pi Network.
2. A2U Payment System
A new A2U (Address-to-User) payment feature allows direct transactions to a Pi Wallet address, making transactions faster and more efficient.
3. Platform Fee Implementation
Pi Network has introduced a small platform fee on certain transactions, which will help maintain the ecosystem and fund future developments.
4. Staking Activation for Pi Holders
Pi users can now stake their tokens based on the consignment price, allowing them to earn rewards while contributing to network security.
5. Updated Testnet Link for Developers
The Pi Network Testnet has been updated to provide a better development environment for DApp creators, ensuring smooth integration before the Open Mainnet goes live.
These updates indicate that the Pi Network ecosystem is evolving rapidly, preparing for its public blockchain debut.
KYC Verification Deadline: Why It’s Important?
Pi Network has set a KYC verification deadline of February 28, 2025. Completing KYC verification is essential for users who want to access and transfer their Pi Coins on the Open Mainnet.
How to Complete Pi Network KYC?
- Open the Pi Network app and navigate to the KYC section.
- Submit a valid government-issued ID proof for identity verification.
- Follow the biometric verification steps as instructed.
- Wait for approval; once verified, you can transfer Pi Coins freely on the Mainnet.
Failure to complete Pi KYC verification may result in delayed access to Pi Coins, so it’s crucial to complete the process before the deadline.
Potential Price of Pi Coin After Mainnet Launch
One of the most anticipated aspects of the Pi Network Open Mainnet is its potential market price. While Pi Coins are not yet listed on major exchanges, several cryptocurrency analysts predict that its value could range between $30 and $100 per Pi Coin once it enters the public trading market.
The price of Pi Coin will be influenced by several factors, including:
- Exchange listings on platforms like Binance, Coinbase, and KuCoin.
- Adoption by businesses and merchants accepting Pi as payment.
- Utility within the Pi ecosystem, including staking, payments, and smart contracts.
- Market demand and supply dynamics after the Open Mainnet launch.
Given the high user base of 70 million+ pioneers, the launch of Pi on exchanges could attract massive trading volume, leading to price volatility and potential growth.
Conclusion: What’s Next for Pi Network?
The Pi Network Open Mainnet launch is set to be a game-changer for the project, unlocking real-world applications and external market trading. With new features in the Pi Network Pilot App, enhanced security measures, and the upcoming exchange listings, Pi is on its way to becoming a fully functional digital currency ecosystem.
To prepare for this transition, Pi users should complete their KYC verification, stay updated on new features, and be ready for potential market movements once Pi Coin becomes publicly tradable.
