Pi Network has officially announced that its Open Network will go live on February 20, 2025, at 8:00 UTC. This marks the project’s transition from an enclosed mainnet phase to a fully open, interoperable blockchain network.
The team had previously confirmed plans to launch the Open Network as early as possible in the first quarter of 2025, making this announcement a key milestone in the project’s roadmap.
What the Open Network Launch Means
The shift to an open network introduces external connectivity to the Pi blockchain. This upgrade will enable the network to interact with other compliant blockchains and financial systems. More importantly, it will allow Pioneers—Pi Network’s user base—to conduct transactions outside the Pi ecosystem.
According to the official announcement, “Pi is ready to open its utility ecosystem, where over 19 million verified Pioneers can use Pi—a cryptocurrency backed by real functions and applications.”
The enclosed mainnet phase allowed the core team to focus on essential development work. This included implementing Know Your Customer (KYC) verification for Pioneers and building core utilities within the Pi ecosystem. Developers were also given time to create functional applications to ensure the network had real utility at the time of public opening.
Conditions Met for the Launch
The launch date was set based on the completion of several key conditions. The first was the fulfillment of all necessary technical, product, business, and legal preparations.
The second condition involved achieving critical user milestones. More than 19 million Pioneers completed identity verification, exceeding the original goal of 15 million. Additionally, over 10.14 million users migrated to the Mainnet, surpassing the initial target of 10 million.
The network also launched over 100 Mainnet-ready or live Mainnet applications. The final condition required that the launch proceed without delays caused by external factors.
The transition from Testnet to Mainnet will occur gradually, with priority given to the most active contributors within the Pi community.
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Exchange Listing and Market Response
Following the announcement, cryptocurrency exchange OKX confirmed that it would list the PI token on the same day as the Open Network launch. Spot trading will be available for the PI/USDT trading pair.
This listing is expected to improve liquidity and accessibility for Pi holders, allowing them to trade PI in a broader market context.
Community Concerns and Criticisms
Despite the enthusiasm from core supporters, Pi Network has faced substantial criticism. Concerns about its credibility stem from previous delays in mainnet launches, accusations of pyramid-like structures, and ongoing issues with data privacy.
One X (formerly Twitter) user commented, “Pi’s open network will be a disappointment to more than half of the Pi community, which expects unrealistic value.”
Users have also reported significant delays in the KYC verification process. One individual revealed, “If I’m not mistaken, I started farming Pi around 2020/2021. I was consistent and then stopped at some point. It’s been well over a year, if not two, and my Pi KYC is still pending. It’s really absurd.”
In 2023, Vietnamese authorities opened an investigation into Pi Network, citing concerns about its complex and unregulated model, potential ties to multi-level marketing schemes, and overall lack of transparency.
Frequently Asked Questions
What is the Pi Network Open Network?
The Open Network is Pi Network’s transition to a fully operational, interoperable blockchain. It allows external transactions, integrations with other networks, and real-world utility for the PI cryptocurrency.
When will the PI token be available for trading?
OKX exchange has confirmed that PI will be listed for spot trading with USDT on February 20, 2025, coinciding with the Open Network launch.
Do I need to complete KYC to participate?
Yes, only Pioneers who have completed identity verification and migrated to the Mainnet will be able to fully participate in the open network phase, including external transactions.
What utility will the PI token have?
The PI token is designed to be used within the Pi ecosystem apps, for peer-to-peer transactions, and eventually in external DeFi and payment scenarios based on network interoperability.
Is Pi Network considered a safe project?
While the project has a large community, it has also faced regulatory scrutiny and criticism. Users should perform their own due diligence and understand the risks involved in cryptocurrency projects.
How can I migrate my Pi coins to the Mainnet?
Migration is done through the Pi Network app once your account is verified and eligible. The process is designed to be user-guided within the application interface.
👉 Learn more about secure token migration practices
The upcoming Open Network launch represents a critical turning point for Pi Network. While the project continues to face skepticism, achieving its stated user milestones and securing exchange listings may help build credibility. Users and observers alike will be watching closely to see if the network can deliver real utility and sustainable value post-launch.