As of March 3, 2025, here are the latest updates on the Pi Network:
Open Network Launch:
Pi Network is on track to launch its Open Network in the first quarter of 2025. This decision follows significant milestones, including over 18 million users completing the Know Your Customer (KYC) process and more than 8 million users migrating to the Mainnet. The extension to Q1 2025 aims to allow more users to complete their migrations, enhancing the network's inclusivity and stability.
KYC and Mainnet Migration Progress:
The network has made substantial progress in its KYC verifications and Mainnet migrations, with over 18 million users completing KYC and more than 8 million migrating to the Mainnet. The Core Team has improved the KYC process and Mainnet migration capabilities, allowing for faster processing and aiming to reduce the gap between KYC'd and Mainnet-migrated users.
Ecosystem Development:
Pi Network has been actively expanding its ecosystem by integrating applications from sectors such as healthcare and education into its Mainnet. This strategic move aims to enhance the network's utility and provide real-world applications for its users, reflecting Pi Network's commitment to delivering meaningful and sustainable impact.
Pi Chats and Staked Direct Messages:
To improve peer-to-peer communication within the network, Pi Network introduced Staked Direct Messages (Staked DMs) in its Pi Chat app. This feature allows users to stake their Pi cryptocurrency to send direct messages, aiming to foster authentic interactions and reduce spam. This initiative reflects Pi Network's efforts to enhance user experience and community engagement.
Live Market Chat:
Currently, Pi Network operates within an enclosed Mainnet, and its native cryptocurrency, Pi, is not publicly tradable on external exchanges. Consequently, there is no official live market chat for Pi's trading activities. Users are advised to exercise caution regarding unofficial platforms or speculative trading of Pi tokens, as these are not endorsed by Pi Network.#pi