#TradeFiRevolution Pi Network- The Past, Present, and The Future
Pi Network has generated significant curiosity and debate in the cryptocurrency world. Unlike traditional cryptocurrencies, Pi was designed to be mined using a mobile phone, making it accessible to millions worldwide. The project has amassed a large following, with users eager to see whether it can live up to its promise of creating a decentralized, user-friendly cryptocurrency.
Key Milestones in Pi Network’s History
March 2019: Pi Network was officially launched with its mobile mining feature.
2020-2021: The project gained significant traction, amassing millions of users worldwide.
December 2021: The enclosed mainnet was launched, restricting transactions within the Pi ecosystem.
2022-2023: Pi Network introduced KYC verification to filter out fake accounts.
2024-Present: The open mainnet launch is awaited, and the ecosystem continues to develop.
Pi Network remains popular despite delays due to its low entry barrier and community-driven approach.
Current Developments in Pi Network
Pi Wallets: Users can store Pi coins in Pi Network’s digital wallet.
Pi DApps: Decentralized applications are being developed for real-world use cases.
Pi Marketplace: Some merchants accept Pi for goods and services within the enclosed network.
Pi KYC: The project implements KYC verification to ensure security and compliance.