The Truth About Pi Network: Purity Badge, GCV, and the Future of Pi
By Farrah Depetris, qTix — June 22
As of today, it has become clearer than ever: while there may be 10 billion Pi coins in circulation, less than 1 million of those coins are expected to function at the Global Consensus Value (GCV). Why? Because the vast majority of Pi has already been transferred to exchanges—resulting in a permanent loss of what’s now called the Purity Badge ✅.
What is the Purity Badge ✅?
The Purity Badge is a unique marker attached to Pi coins that have never been transferred to any exchange. Coins that retain this badge are considered eligible to function at GCV, meaning they may retain their full, intended value when Pi’s ecosystem fully launches.
Once transferred to an exchange, the badge is lost forever—even if the coins are sent back.
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Words From the Founders
Dr. Nicolas Kokkalis, one of the lead developers of Pi Network, once emphasized:
> “Every Pi is scarce and valuable. And those Pioneers who persevere until the end will achieve great things in life!”
His co-founder, Dr. Chengdiao Fan, reinforced this vision by stating:
> “10 Pi is enough for a generation, and Pi is non-conformist!”
These statements reflect the unique philosophy behind Pi Network—one built on community trust, scarcity, and long-term vision.
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What Happens When the Global Open Mainnet Launches?
The open mainnet is on the horizon, and it promises several key developments:
Gas fees will reduce, making transactions cheaper and more efficient.
A contract address will be created under the Pi Blockchain Network, establishing Pi’s full blockchain identity.
Up to 300 computer nodes will go live, strengthening the network.
The Pi Browser will begin displaying the real-time value of Pi on the Pi Blockchain Explorer.
Your wallet balance in the Pi Browser will show the USD equivalent of your Pi holdings.
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Two Types of Pi Balances
Once migration is complete, your Pi Browser wallet will show two separate types of Pi balances:
1. Contribution Balance