Pi Network or Pi currency is a digital currency project that has garnered significant interest since its launch in 2019 due to the possibility of "mining" it through a mobile app without needing large amounts of energy.
Current status (as of 2025):
1. Mainnet: The team announced the launch of the mainnet, but there are two versions:
Closed Mainnet: Currencies cannot be transferred outside the network and are limited to internal applications in Pi.
Open Mainnet: It has not been fully or widely launched yet, meaning that the currency is not available for public trading on most major platforms as of my last update.
2. Market Value: There is no officially confirmed value, and some P2P platforms list it at prices ranging from $10 to $100, but these prices are unofficial and not recognized in the global market.
3. Mining: Users can still earn Pi daily through the app, but the mining rate decreases over time as the number of users increases.
The future of Pi currency:
Pros:
A massive user base (over 40 million registered users).
A user-friendly app available on smartphones.
An active community supports the project.
Challenges:
The launch of the open network has been significantly delayed.
Uncertainty about the real economic model and how the currency will actually be used.
Lack of official listing on centralized trading platforms like Binance or Coinbase.
Overall evaluation:
Pi currency is an ambitious project but has not yet proven its success as a publicly tradable blockchain project. Any investment in it should be done with caution, relying only on official information.