Pi Network Unveils Three-Phase Mainnet Migration Plan Amid Community Frustration and Uncertainty

Pi Network Reveals Three-Phase Mainnet Migration Plan Without Timeline

In a recent announcement, the Pi Network has unveiled its three-phase mainnet migration plan for bringing its millions of users onto the open network. This development comes amidst growing frustration within the community due to the lack of clear information regarding the timeline and progress of the migration process.

As per the newly released plan, the migration will be carried out in three phases, with each phase focusing on a distinct set of tasks related to user account consolidation, token distribution, and network stability. However, what has raised concerns is the absence of any concrete timeline for the completion of these phases.

The Pi Network has emphasized that its primary objective is to ensure a seamless transition for users while also guaranteeing the integrity of the platform’s financial health. The project’s founders have assured users that the team will continue to keep them updated about progress, but did not provide any specific milestones or deadlines.

Furthermore, rumors surrounding an internal 108.9 million Pi token unlock event at the beginning of this month have sparked doubts regarding whether the reward structure may be prioritized over user-based rewards. The Pi Network has yet to comment on the matter.

It remains uncertain how this recent development will impact the overall momentum and trust within the community, as users were hoping for a clearer outlook on the migration timeline.

Source: https://www.cryptoninjas.net/news/pi-network-reveals-three-phase-mainnet-migration-plan-without-timeline/