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Important Pi Network Update as Open Network Launch Date Approaches: Details
Pi Network has extended its Grace Period to January 31, 2025, making progress towards the open network launch. Despite delays and uncertainty regarding when the native token will be introduced, the project continues to gain popularity worldwide, with over 100 million app downloads.
The latest update reveals that more than 9 million users have successfully migrated to the mainnet, exceeding the previous milestone of 6 million. Additionally, the number of KYC verifications has reached an astonishing 14 million.
Pi Network has been making steady progress, and its developers claim they are “making excellent progress towards Open Network.” The team encourages those still waiting for migration or verification to check their respective apps to determine if further actions are necessary.
Despite ongoing issues with migration and verification, Pi Network remains popular globally. It is particularly well-received in Asian countries, such as South Korea, China, Vietnam, India, Singapore, and Japan. In fact, the number of local Pi Network users in South Korea recently surpassed 1.3 million, surpassing the client bases of major exchanges like Binance and Coinbase.
In a remarkable feat, Pi Network’s app has gained an enormous following worldwide, with its application exceeding 100 million downloads.
Source: cryptopotato.com
