Opening the door to a decentralized economy and global expansion
Pi Network, one of the fastest growing cryptocurrency communities, has officially announced its transition to the Open Network phase on February 20, 2025 at 8:00 AM UTC, after six years of work and development.
This event represents a qualitative shift in Pi Network’s journey towards achieving a global digital economy based on blockchain technology, where users will be able to transact freely outside the boundaries of the current network.
Huge Achievements Ahead of Open Launch
Before moving to the open network, Pi Network was able to achieve amazing achievements, most notably:
Over 10.14 million#migrationsto the mainnet, exceeding the original goal of 10 million.
19 million users have completed the KYC process, qualifying them to use Pi in real-world applications and transactions.
100 applications are integrated with the mainnet, contributing to the creation of an active and diverse ecosystem.
PiFest 2024 saw the participation of over 950,000 users and 27,000 active merchants across 160 countries, boosting the commercial adoption of the currency.
What does it mean to move to an open network?
Removing the firewall...and opening up to the world
Users will be able to make transactions outside of the Pi network, expanding the possibilities of use.
Businesses will be able to adopt Pi as a payment method, boosting commercial adoption.
The Mainnet will be open to everyone, allowing new nodes to be added to the network.
Verify identity to maintain security
Individuals will need to complete KYC to ensure the security of transactions.
Businesses wishing to accept Pi will need to verify via KYB.
Users will be able to see the list of approved companies via the official Pi Network website.
The end of the closure period... and the beginning of the new era
After meeting all technical and legal requirements, Pi Network has confirmed that the environment is fully ready to move to the Open Network, without any further delay.
---
How can users prepare?
For Pioneers: Complete KYC and Migrate to Mainnet.
Continue mining and take advantage of the new rewards system.
Support the digital economy by using available apps and interacting with stores that accept Pi.
For developers:
Improve existing applications on Pi Browser.
Develop new applications that support the use of Pi in everyday life.
---
Finally.. A new beginning for the world of digital currencies!
February 20, 2025 is a pivotal moment in the history of Pi Network, as the network moves into a new era of decentralization and global adoption. With the door open to external transactions, Pi could become one of the most powerful cryptocurrencies for everyday use.
Are you ready to join the digital revolution?
#شبكة_Pi #الشبكة_المفتوحة # #العملات_الرقمية
