Pi Network Mainnet: Launch Schedule February 20, 2025

Bittime - Pi Network Mainnet will officially launch on February 20, 2025. Check out the impact of the launch, the latest updates, and important information for Pi Coin users. Follow this article to find out!

On February 20, 2025 at 08:00 UTC, the Pi ecosystem will open access to the main network (Mainnet) without firewall restrictions. This allows full connectivity with external systems. 

With this launch, Pi Coin—the native cryptocurrency of the Pi Network—will become increasingly widely used in global transactions.

Since its introduction, Pi Network has captured the attention of millions of users worldwide. This is related to his vision of creating an inclusive and community-based digital ecosystem. 

Now, with more than 19 million Pioneers who have been verified through the KYC system, and more than 10.14 million users who have successfully migrated to Mainnet, Pi Network is ready to face a new era in the crypto world.

Read also: Pi Network: Latest Info on Mainnet Launch, This Month?

Impact of Pi Network Mainnet Launch

The launch of Open Network will have a significant impact on the Pi ecosystem and its users. The following is the explanation:

1. Global Connectivity: Pi Coin will be able to be used outside of its closed ecosystem, opening up transaction opportunities with other blockchain networks.

2. Increased Adoption: As more businesses and developers come on board, the use of Pi Coin in various applications will increase rapidly.

3. Security and Compliance: To maintain a secure environment, all transactions within the Pi Network ecosystem will require KYC verification for individuals and KYB for businesses.

4. Business Support: Businesses that have passed KYB verification will be able to participate in the Pi ecosystem, providing services and products that can be purchased using Pi Coin.

Pi Network Mainnet Update

The journey towards an Open Network has gone through several important stages. You can find out below:

- Enclosed Network Phase (December 2021 - February 2025): At this stage, Pi Network limits external access to give users time to complete KYC and developers to build applications.

- Grace Period (July 2024 - February 2025): This period provides the last opportunity for users to complete KYC verification and ensure migration to Mainnet.

- Open Network Launch (February 20, 2025): The network will be fully open, enabling external connectivity and wider adoption.

Additionally, more than 100 Pi-based applications are ready for use on Mainnet, strengthening the utility of this ecosystem. Pi Network will also continue to improve security features and regulatory compliance to ensure safe transactions for its users.

Read also: Pi Network Will Soon Release Open Mainnet, How Much is the Pi Coin Price?

FAQ

1. What happened after the Open Network was launched? 

Once the Open Network is opened, Pi Coin can be used in transactions outside its closed ecosystem. Users can also run nodes on Mainnet and connect to the network globally.

2. Can I still do KYC after launch? 

Yes, users who have not completed KYC verification can still do so after Open Network launches. However, it is recommended to complete this process as soon as possible in order to fully participate in the Pi ecosystem.

3. How can businesses join the Pi ecosystem? 

Businesses can register for the KYB verification process via the Pi Network official website. Once approved, they can start accepting payments in the form of Pi Coin.

4. Can Pi Coin be traded on crypto exchanges after Open Network? 

With the opening of the Open Network, Pi Coin trading opportunities on various crypto exchanges will increase. However, the final decision on the listing still depends on each exchange.

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Reference 

CoinPedia, Pi Network Long-Awaited Launch Date Revealed – Will Pi Coin Hit $100?, accessed February 12, 2025.

Pi Network, Pi’s Open Network Set to Launch February 20, 2025!, accessed February 12, 2025.

Author: Y