Pi Network Launch Date: When Pi Network Will be Launched?

Pi Network is a novel mobile blockchain mining crypto project that allows mobile users to mine Pi coins without draining the device’s battery. Pi’s blockchain secures not only economic transactions via a mobile meritocracy system but also a full Web 3.0 experience where community developers can build blockchain decentralized applications (Dapps) for millions of users.

 

The project has evolved over the years with massive community interests and is now in the final stages of transition to public mainnet.‍ It has been particularly active recently due to a couple of related listing news, with the latest development being the listing of Pi coin on Huobi exchange. Furthermore, Wrapped Pi (WPI), the Pi bridge utility token, also went live on BNB chain in January 2023, as an intended bridge between Pi Network and BNB Chain.

 

 

 

Quick Takeaways

 

 

First of all, here’s a detailed summary of everything we’ve covered on Pi network thus far that you may be interested in:

 

• Pi Network is still in the news because of its potential as a payment platform and phone-based mining methodology.
• As the project approaches its 2024 Open Mainnet launch date, excitement is building for the opportunity to fully utilize blockchain technology.
• The network has 3.3 million Twitter/X followers, and 10 million “Pioneers” have KYC’d into the project. The team has emphasized key milestones that will lead to the complete mainnet launch.

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When is the Pi Network Mainnet Launch?

 

With only a handful of critical steps remaining, the year 2024 appears to be the year of the “Pioneers” all across the globe. There will be a “Countdown to Pi Open Network 2024” that the group has proposed:

 

Some news outlets have reported that the Pi will be released on June 28, although this appears to be unfounded speculation that originated with a similar rumor in 2022.

 

The company has only specified 2024 as the year for the mainnet launch on their official Pi Network account.

Prior to launching Open Mainnet, the team has laid out several objectives on a page cleverly named “mainnet2024”. These objectives include:

 

• Over fifteen million pioneers Ten million Pioneers are undergoing Know Your Customer (KYC) checks as they move to the beta mainnet.
• One hundred apps prepared for the mainnet.
• It might not be too long until Mainnet goes live if those goals are met first.

 

A total of 10 million “Pioneers” have conducted Know Your Customer (KYC) checks, an increase of 1.45 million from 2023 to 2024, and approximately 50 apps, ranging from chats to browsers, are believed to be prepared for the mainnet.

 

Users have migrated to the mainnet at a rate of 4.6 million, up from 3 million in December.

 

 

 

 

When Pi Will Launch Its Value?

 

Due to the listing news mentioned in the opening, Pi Network Mainnet launch date has become a buzz topic again.

 

The Pi Core team has comfirmed in its 2022 end-of-year update that Pi Network is at a vital stage in its Enclosed Mainnet development leading up to the Open Mainnet launch. The team is still focusing on completing KYC and making further tech improvements before opening the mainnet to the public, but currently has no set timeline for this transition.

 

So are all Pi coin listings so far just scams since transaction of Pi through an exchange is prohibited during the Enclosed Mainnet period? It has caused confusion within the Pi Network community and prompted the team to respond to what is going on.

 

According to a statement from the Pi Core team, all these listings so far were conducted independently of the team, which were not approved and were not in line with the network’s policies. The team is calling for the removal of the coin from these exchanges and is warning users not to engage in trading at this time.

 

Please be sure to read the Pi disclaimer. As Pi Network is still in its Enclosed Mainnet period and has not yet launched the open mainnet, the platform insists that its token is currently not tradeable.

 

 

 

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Why Pi Is Important

 

With the goal of making mining accessible to anyone with a desktop or mobile computer, Pi Network is a blockchain initiative. Pi Coin is the native coin of the project, and its developers want it to be used for regular transactions.

 

People can use their cellphones to mine Pi currencies. To demonstrate their engagement with the network, all they have to do is click a button on the Pi Network app once every 24 hours.

 

Notably, Pi coin may be mined without the need for energy-intensive technology, unlike Bitcoin (BTC) and other proof-of-work (PoW) cryptocurrencies. The token’s extraordinary success in drawing a large network of miners can be explained by this.

 

 

 

 

 

 

 

 

 

 

 

 

BTCC will keep you updated with the Pi ecosystem hype, especially the Pi Network launch date. Read the following articles for more information about the Pi Network:

 

• Is Pi Network Legit Or Scam: Pi Cryptocurrency Real Or Fake?
• Pi Coin Price Prediction 2025:Will Pi Ever Be Worth Money?
• Will Pi Network Ever Launch? What Stage is Pi Network Now?
• Pi Network Price Prediction Hinges on Its Open Mainnet Launch
• Pi Network 2022 Year-End Update
• Pi Network Review: Is Pi a Scam?
• Pi Wallet: Does Pi Network Have a Wallet App?
• Pi Network News: Will Pi Coin List on Binance?
• Will Mined Pi Tokens Be Part Its Circulating Supply?
• How to Create a Pi Network Invitation Code

 

 

 

Disclaimer: Pi coin carries a high level of risk and it is not recommended to trade this coin.

 

 

 

 

 

FAQs

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1. Is Pi coin real or fake?

Currently, no one knows the answer to the question whether Pi coins are real and legal. There is no cost to install the application. However, there may be issues regarding data privacy and lack of transparency.

 

2. Is Pi Network worth anything?

As Pi Network is still in its enclosed mainnet period and has not yet launched the open mainnet, the platform insists that its token is currently not tradeable during the period. We believe that Pi coin will have its own real value only when Pi Network launches the much-anticipated open mainnet to the public finally. So will Pi ever be worth money? We have to wait and see.

 

3. How much is 1 Pi in dollars?

Though several exchanges such as Huobi has listed Pi coin and shows live Pi network value, the Pi Core team asserted that all these listings were conducted independently of the team and were not approved. The team is calling for the removal of the coin from these exchanges and is warning users not to engage in trading at this time.

 

4. What stage is Pi Network now? Will Pi Network ever launch?

Pi Network has evolved over the years and is currently in its final stages of opening the mainnet to the public. The transition is on schedule, but there is no definite timeline yet.

 

5. Does it have a Pi wallet app?

Yes, but Pi wallet currently only connect to the Testnet, with only Test-Pi for testing. It will have the real Pi coins inside when Pi Network mainnet goes live, when it will enable actual Pi transfers.

 

6. Is Pi mining legal?

Yes, it is legal as it does not involve any cash investments to mine it. All you need is about 20 seconds of your time (typically less than 20 seconds) to click on the lightning button to start mining once every 24 hours. If you already have the app, you can wait to see if the founders build something of significant value.

 

7. What about the Pi coin price prediction?

There is no way to know the future of a cryptocurrency that hasn’t even been launched yet. No one knows if there will be any value of Pi coin at all. Therefore, Pi coin price prediction seems impossible as of this time.

 

Despite all this, some Pi project enthusiasts argue that the final mainnet launch is not expected to take long to come. They think the smartphone minable coin will hit the public space this year. And Pi coin value could explode soon if listed on top crypto exchanges such as Binance and Coinbase.

 

 

 

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BTCC Guide:

 

• How to Trade Crypto Futures Contracts on BTCC
• BTCC Guide-How to Deposit Crypto on BTCC?
• What is Crypto Futures Trading – Beginner’s Guide
• What is Leverage in Cryptocurrency? How Can I Trade at 100X Leverage?
• BTCC Review 2024: Best Crypto Futures Exchange

 

 

Crypto Buying Guides:

• How To Buy Bitcoin (BTC)
• How To Buy Picoin
• How To Buy Ethereum (ETH)
• How To Buy Dogecoin (DOGE)
• How To Buy Pepe Coin (PEPE) 
• How To Buy Ripple (XRP) 

 

 

Crypto Prediction:

 

• Ethereum (ETH) Price Prediction 2024, 2025, 2030 — Will ETH Reach $10,000?
• Ethereum Price Prediction 2024, 2025, 2030: How High Can ETH Go in 2024?
• Bitcoin (BTC) Price Prediction 2024, 2025, 2030 — Is BTC a Good Investment?
• Ripple (XRP) Price Prediction 2024, 2025, 2030 — Will XRP Reach $1 After SEC Lawsuit?
• Pi Coin Price Prediction 2024,2025,2030 — Is Pi Coin a Good Buy?
• Pepe (PEPE) Price Prediction 2024, 2025, 2030 – Will PEPE Reach $1