When is Pi Network Launching: Comprehensive Guide

With expectations growing for the launch of Open Mainnet expected in 2024, the project aims to unlock blockchain’s full potential. The team highlighted key milestones leading up to the full mainnet launch. Pi Network, a cryptocurrency that has generated significant interest, is the brainchild of Stanford graduates Dr. Nicolas Kokkalis, Chengdiao Fan, and Vincent McPhillip. Designed to be mined on smartphones, Pi Network aims to make cryptocurrency accessible to everyone. With over 10 million users, anticipation for its official launch is high. But when is Pi Network launching, and what can users expect? Curious about “When is Pi Network Launching“? Discover the latest updates, development timeline, and future prospects of this innovative cryptocurrency. Stay informed with all the key details.

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Pi Network has gained a lot of attention in the cryptocurrency community. With its unique method of mining directly from your phone and the potential of legitimate payment projects, Pi Network has accumulated a large following.

The project currently has 55 million active community members, a population that surpasses many countries, including 11.1 million KYC’d ‘pioneers’ and 3.3 million followers on X.

If Twitter metrics alone were important, the Pi Core Team account would effectively top the Ethereum Foundation account with 3.4 million followers on X.

However, Pi is much more than that. It aims to build a Web3 ecosystem with real-world apps and utilities used by tens of millions of users.

When was Pi Network Mainnet launched

2024 looks set to be the year of the global ‘pioneer’ army, with only a handful of milestones remaining.
Although some news sources speculated a June 28 launch date for the Pi, this appears to be false. There are rumors of the same date in 2022.

From the team’s official Pi Network account They simply concluded that 2024 was the year for the mainnet launch.

The team also introduced some goals on a page called The “mainnet2024” they need to pass before launching Open Mainnet includes:

15 million pioneers pass Know Your Customer (KYC) verification
10 million pioneers move to mainnet beta
100 mainnet-ready apps

If Mainnet’s date depends on achieving that goal. It is expected that the wait will end soon.

11.1 million ‘pioneers’ have completed (KYC) verification – an increase of 2.55 million between December 2023 and June 2024 – and around 50 apps ranging from chats, forums and browsers. Expected to be available on the main net.

There were also 5.58 million mainnet migrations by users, up from 3 million in December.

especially The project recently announced a technical upgrade to its mainnet migration mechanism, which is reported to more than double the speed at which Pioneers migrate to mainnet.