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Pi Open Network Will Launch February 20

Pi Network has announced that it will officially launch its Open Network at 8 AM UTC on February 20, 2025. This marks the network’s transition to the Open Network phase of Mainnet.

The network had previously confirmed its plans to launch the Open Network as soon as possible in Q1 of 2025. 

Pi’s Open Network Will Launch In February 

This launch signifies the conclusion of the Enclosed Mainnet period, which began in December 2021. Throughout this period, the Mainnet was operational but safeguarded by a firewall, limiting external connectivity.

Now, with the firewall lifted at the Mainnet launch, users will be able to connect Pi to external systems, allowing it to be used in real-world applications. Notably, this phase laid the groundwork for the transition to the Open Network, giving Pioneers the opportunity to complete their KYC and gain access to Pi on Mainnet. 

It also provided developers with the time to build and launch real-world applications and utilities within the Pi ecosystem. Meanwhile, the Core Team focused on releasing and refining various features and utilities to support the network’s growth and functionality.

Ahead of the launch, Pi Network revealed that it surpassed its original goal of 10 million Mainnet migrations, reaching an impressive 10.14 million. 

“Pi is ready to open its utilities-driven ecosystem where our now over 19 million identity-verified Pioneers can use Pi—a cryptocurrency with real-world functions and applications backing it,” the announcement read.

Moreover, following the announcement, crypto exchange OKX confirmed that it will list PI on the same day as the launch. Spot trading will be available for the PI/USDT pair.

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Kamina Bashir

https://beincrypto.com/pi-network-open-network-launch/

2025-02-12 04:51:24

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