It has been reported and confirmed that the #PiCoreTeam has issued a statement regarding the fate of unverified Pi tokens. According to the statement, users and miners may lose a significant portion of their mined Pi labeled as "UNVERIFIED."
This is primarily because some of their referrals have not yet completed the KYC verification process. As a result, any Pi mined in connection with unverified referrals may be lost when the miner app was active.
Reports suggest that these unverified tokens will be burned. Many community members hope that the #PiCoreTeam will reconsider this approach. After six years of mining and supporting the project, loyal participants should be recognized. A fair alternative could be releasing some, if not all, of the unverified tokens as a token of appreciation for long-term commitment.
What are your thoughts on this? Your opinions are valued and appreciated!
Pi Network Unveils Two-Phase Mainnet Launch for a Seamless Global Expansion
Pi Network is taking a major leap forward by launching its Mainnet in two distinct phases, ensuring a smooth transition to real-world use and global adoption. This structured approach is set to unlock the full potential of Pi Coin for its millions of users worldwide.
Two Key Phases of the Pi Network Mainnet
1. Open Network Mainnet (February 20, 2025)
The Open Network Mainnet marks the beginning of Pi Network’s real-world integration. Launching on February 20, 2025, this phase allows verified users to conduct transactions outside the closed ecosystem. While still maintaining some security measures, this phase ensures a controlled yet practical adoption of Pi Coin in external transactions.
2. Global Mainnet Phase (February 28, 2025)
Taking the next big step, Pi Network will fully unlock its ecosystem with the Global Mainnet on February 28, 2025. This phase allows users worldwide to engage in seamless transactions, opening up the Pi economy on a global scale.
What’s the Difference?
Open Network Mainnet: Enables real-world use of Pi Coin but remains restricted to verified users for added security.
Global Mainnet: Expands the Pi ecosystem worldwide, allowing unrestricted transactions across borders.
By implementing these two carefully planned phases, Pi Network ensures a safe, stable, and efficient transition into the broader financial ecosystem.
Get Ready for the Future of Decentralized Transactions!
The launch of Pi Network’s Mainnet is a game-changer, bridging the gap between blockchain innovation and mainstream financial accessibility. Join the movement and be part of a new digital era with Pi Coin!
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!
As of August 15, 2024, Pi Network has a total supply of 68 million Pi tokens, with a maximum possible supply capped at 100 billion tokens. Of the total mined Pi, 80% is locked for a three-year vesting period to help maintain value stability.
kotigi.com
The distribution of the maximum supply is structured as follows:
Community Allocation: 80% (80 billion Pi tokens) is designated for the Pi community.
Core Team Allocation: 20% (20 billion Pi tokens) is reserved for the Pi Core Team to support development, operations, and ecosystem growth.