#NEWTBinanceHODLer As of today, it's clear that even with 10 billion Pi coins in circulation, the number of Pi coins that will function at GCV value is less than 1 million. This is due to many Pi coins being transferred to exchanges, resulting in the loss of the Purity Badge.
Pi Network's Vision
Dr. Nicolas Kokkalis, co-founder of Pi Network, emphasizes the scarcity and value of Pi coins, stating, "Every Pi is scarce and valuable. And those Pioneers who persevere until the end will achieve great things in life!" Dr. Chengdiao Fan adds, "10 Pi is enough for a generation, and Pi is non-conformist!"
Upcoming Developments
Pi mining will soon come to an end. When the global open mainnet goes live, several key developments will occur:
- Reduced Pi gas fees
- Pi contract address on the Pi Blockchain Network
- Activation of up to 300 computer nodes
- Real Pi value display on the Pi Blockchain Explorer
- Dollar equivalent display in the Pi Browser wallet
Pi Browser Wallet
The Pi Browser wallet will feature two types of balances:
1. Contribution Balance: Pi mined and never transferred to any exchange, retaining the Purity Badge and functioning on GCV.
2. Non-Contribution Balance: Pi transferred to an exchange in the past, losing the Purity Badge and unable to function on GCV.
Requirements for Holding Pi with Purity Badge
To hold Pi with a Purity Badge, you must:
- Create a Pi account
- Mine for at least 30 days
- Complete KYC
- Be in the migration queue
Congratulations to Loyal Pioneers
Congratulations to all loyal Pioneers who have persevered and held onto their Pi coins. Your dedication will pay off in the future.
About Pi Network
Pi Network is a blockchain-based digital currency platform developed by Stanford PhDs, including Dr. Nicolas Kokkalis. With its unique features and ecosystem, Pi Network is poised for success.