Based on everything I’ve seen and experienced, even if there are 10 billion Pi coins in circulation right now, less than 1 million of them will actually function at GCV (Global Consensus Value). Why? Because a huge portion of Pi has already been transferred to exchanges—which means they’ve permanently lost their Purity Badge ✅.
Dr. Nicolas once said:
“Every Pi is scarce and valuable. Those who persevere until the end will achieve great things in life.”
And as Dr. Chengdiao Fan put it beautifully:
“10 Pi is enough for a generation. Pi is non-conformist!”
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Big Changes Are Coming With the Global Open Mainnet
Mining will soon come to an end, and once the global open mainnet officially launches, here’s what we can expect:
Pi gas fees will be significantly reduced
A smart contract address will be introduced on the Pi Blockchain Network
Around 300 computer nodes will go live
The Pi Browser will show the actual value of Pi through the Blockchain Explorer
Your Pi Wallet inside the Pi Browser will also show the USD equivalent right under your total balance
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You’ll See Two Types of Balances in the Pi Wallet:
1. Contribution Balance
These are Pi coins that have never been transferred to an exchange. They still have the Purity Badge ✅ and can function at GCV.
2. Non-Contribution Balance
These Pi coins were transferred to an exchange at some point, and have lost the Purity Badge ✅ forever. They cannot be used at GCV, even if transferred back.
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The System Can’t Be Cheated
To hold Pi with the Purity Badge ✅, you must meet all of the following conditions:
Create a Pi account
Mine for at least 30 days
Complete your KYC
Be included in the migration queue
Once migrated, your mined Pi coins will be transferred from the mining app to your Pi Browser Wallet by the Pi Core Team, and they will include the Purity Badge ✅. However, if you transfer these coins to a crypto exchange, that badge is gone forever—even if you send them back.
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Our Information Sources Include:
1. Pi GitHub – Official codes and blockchain documentation
2. Pi Network Whitepaper – Vision and mission of the project
3. Pi Browser – Real-time updates on the ecosystem
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Huge Respect to All Loyal Pioneers!
If you’ve stayed consistent since the beginning, you’re already ahead. The future will reward those who stayed loyal and patient.
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So, What is Pi Network?
Pi Network is a blockchain-based digital currency platform developed by a team of Stanford PhDs, including Dr. Nicolas Kokkalis and Dr. Chengdiao Fan. It aims to make crypto accessible to everyday people through mobile mining and a secure, scalable ecosystem.