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Pi Network Founders Share Open Network and Timeline Update for 2025 Mainnet Launch
The founders of the Pi Network have released a critical update regarding their plans for launching the Open Network and mainnet in 2025. The announcement comes as a significant relief to the network’s vast user base, who were eagerly awaiting this information.
According to the update, the team has made substantial progress towards meeting the necessary conditions for the launch. In fact, the Pi Network has already surpassed its goal of 15 million KYC’d Pioneers, with over 18 million users having completed their Know-Your-Customer verification process.
However, the network still faces significant challenges in achieving its migration goals. Currently, only about 8 million of these verified pioneers have migrated to the mainnet. While this is a notable improvement from previous numbers, it is clear that the team must continue to work tirelessly to bridge this gap if they hope to meet their self-imposed deadlines.
As part of their efforts to accelerate the migration process, the Pi Network founders have extended both Grace Period deadlines to January 31, 2025. This extension is designed to give even more users the opportunity to secure their Pi Coins before the mainnet officially launches.
In related news, the developers behind the Pi Network have successfully deployed over 80 mainnet-ready apps in preparation for the Open Network launch. Additionally, they have also released a new interface that allows users to access and interact with these apps directly from their Pi browser.
The Pi Network’s decision to focus on providing a comprehensive array of decentralized applications (dApps) is seen as a crucial step towards realizing its ambitious goals. By doing so, the network aims to create an ecosystem that offers unparalleled flexibility and functionality for its growing user base.
As the mainnet launch draws ever closer, it remains to be seen whether the Pi Network’s efforts will be sufficient to drive significant growth in adoption rates. Nevertheless, the team’s commitment to transparency and communication is a welcome development, as it provides users with valuable insights into the network’s progress and challenges.
For more news and updates from the world of cryptocurrencies, keep following Crypto News Flash for the latest information on the Pi Network and other key projects in the space.
Source: www.crypto-news-flash.com
