Pi Network Announces Migration Roadmap, But Timeline Uncertain
Pi Network has announced its long-awaited Mainnet Transition Roadmap. In the initial phase, millions of users (Pioneers) will migrate to the open network. The plan also includes new incentives such as referral rewards for verified users.
However, the network did not provide any date or timeline. This disappointed and worried many early supporters. As the cryptocoin family, we will address the concerns of Pi Network users today
The migration will occur in three phases:
1.Initial migrations will be performed. This will include verified mining rewards, security circle rewards, locking bonuses, application usage bonuses, and for some, verified node rewards.
2.Referral mining rewards will be applied. However, they will only be valid if these referrals have passed the KYC process. This phase will begin once the migration queue in the current version is complete.
3.Finally, periodic migrations will be initiated. These migrations can be monthly or quarterly. However, again, no exact timing has been specified.
The incomplete information in the roadmap has caused many Pioneers to worry. While some Node operators have reportedly received rewards, it is unclear to whom and on what basis these rewards are given. Since the rules are not clear, early Node operators fear injustice.
Meanwhile, some users are reporting that their coins have not arrived despite clicking the “claim” button every day. It is unclear when the basic rewards and referral bonuses will be given.
⚠️ Note: My posts are not investment advice. There may be errors due to translation. Please do your own review. You can also write your thoughts in the comments section.
❤️ Don't forget to follow me for developments. @Crypto De Nostradame
they have the right to complain but the project is moving forward and saying that pi network is losing legitimacy is false. Banxa has just proven the opposite
Coinpedia
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Pi Network News: 119 Million Tokens to Be Released By Month-End
The post Pi Network News: 119 Million Tokens to Be Released by Month-End appeared first on Coinpedia Fintech News
Pi Coin is currently trading at $0.59, struggling to break above key resistance at the $0.60 level. The drop follows a steep decline in recent days, with the token down over 30% in the last 14 days and more than 80% below its February 26th peak.
The price pressure comes as a massive token unlock continues to unfold. According to PiScan, more than 119 million Pi tokens are expected to enter circulation this month alone, with 1.4 million already unlocked on April 11 alone. The remaining tokens will be released gradually throughout the rest of the month.
Community Frustration Grows Over Delays and Lack of Transparency
As prices tumble, discontent within the Pi Network community is reaching new highs. Recetly, Pi Network Turkey, the project’s largest community group in the region, issued a strong statement criticizing the core team’s handling of the project.
The group accused Pi Network developers of adopting a top-down management style, ignoring community feedback, and straying from the platform’s original decentralized vision. “What we once eagerly anticipated has now turned into disappointment,” the statement read, stressing broken promises, lack of transparency, and indefinite delays to the Open Mainnet launch.
The group also pointed to unclear financials, vague details on partnerships, and little visibility into the actual number of live decentralized applications (dApps) on the network.
Is Pi Network Losing Trust?
Some analysts believe the sharp decline in Pi’s value is being driven not only by token unlocks but also by widening skepticism about the project’s long-term vision and deliverables. As concerns mount over whether Pi Network is truly building a meaningful Web3 ecosystem — or simply riding the crypto hype — the project’s credibility appears to be at risk.
Towards the end of SWIFT? Russia announces a global expansion of BRICS Pay
As geopolitical tensions reshape global balances, the BRICS are accelerating the establishment of their own payment network. Led by Russia, this infrastructure aims to free itself from SWIFT and open a financial pathway outside of Western control. The announcement of its accessibility to non-member countries marks a strategic break. Beyond a regional tool, BRICS Pay becomes a lever of global influence and a strong signal in favor of a multipolar monetary order.
Price forecast for Pi: I am convinced that this goal is achievable, and that Pi will even exceed $10. The dynamics of the Pi community, the constantly expanding ecosystem, and the growing adoption of Pi by merchants position this new cryptocurrency as the digital currency of tomorrow.
The crypto community is buzzing with excitement! A community vote is now live to decide whether Pi Network ($PI) should be listed on Binance – the world’s leading cryptocurrency exchange.
✅ Why is this important?
A Binance listing could boost Pi’s adoption, liquidity, and price.
More traders will have access to buy, sell, and trade Pi Coin globally.
It’s a major step toward mainstream recognition of Pi Network.
📢 How can you participate? Simply vote "YES" to support Pi’s listing on Binance and make your voice heard!
💬 Do you think Pi should be listed on Binance? Drop your thoughts in the comments!