As of today, despite the existence of nearly 10 billion $Pi coins in circulation, fewer than 1 million Pi coins are expected to function at Global Consensus Value (GCV). This is largely because many Pi coins have been transferred to exchanges, permanently losing their Purity Badge ✅.
Scarcity and Value: Insights from the Founders
Dr. Nicolas once remarked, "Every $Pi is scarce and valuable. Those Pioneers who persevere until the end will achieve great things in life." Similarly, Dr. Chengdiao Fan stated, "10 Pi is enough for a generation, and Pi is non-conformist!"
What Happens When Pi Mining Ends?
With $Pi mining nearing completion, the upcoming global open mainnet will bring significant changes:
• Reduced $Pi gas fees.
• A dedicated contract address on the $Pi Blockchain Network.
• Activation of up to 300 computer nodes.
• Real-time Pi value displayed on the $Pi Blockchain Explorer via the Pi Browser. • Dollar equivalent shown under your total balance in the Pi Browser wallet.
Two Types of $Pi Balances
Your Pi Browser wallet will display two categories of available balances:
1.Contribution Balance: Pi mined and never transferred to any exchange, retaining the Purity Badge ✅ and eligible for GCV transactions.
2.Non-Contribution Balance: Pi previously transferred to exchanges, permanently losing the Purity Badge ✅ and unable to function at GCV.
Protect Your Purity Badge ✅
To hold Pi with a Purity Badge ✅:
• Create a Pi account.
• Mine Pi for at least 30 days.
• Complete your KYC process.
• Join the migration queue.
Once migrated, Pi coins sent to your Pi Browser wallet from the mining app by the Pi Core Team will come with the Purity Badge ✅. Remember, transferring Pi to exchanges results in losing the Purity Badge ✅ permanently.
Reliable Sources of Information
1.Our data is derived from:
2.Pi GitHub – Programmed Codes.
3.Pi Network Whitepaper – Vision and Mission.
4.Pi Browser – Ecosystem Development Updates.
Congratulations to All Loyal Pioneers!
About Pi Network
Pi Network is a blockchain-based digital currency platform, created by Stanford PhDs including Dr. Nicolas Kokkalis, aiming to empower everyday people to participate in the crypto revolution.