- Open Network Launch: Pi Network is set to launch its Open Network on February 20, 2025, at 8:00 AM UTC. This milestone shows to build a decentralized peer-to-peer ecosystem backed by its native token, $PI.
- Exchange Listings: In coordination with the Open Network launch, Pi Coin (PI) will be listed on OKX exchange. Deposits for PI on OKX began on February 12, 2025, with spot trading scheduled to start on February 20, 2025. It is according to older tweets. RN they deleted tweets and did not post anymore regarding PI listing.
- Use Cases: The Open Network is expected to increase Pi’s real-world applications. With over 100 Mainnet or Mainnet-ready apps developed by the Pi devs, Pioneers will have the ability to utilize Pi tokens across various platforms according to the pi coin team. These applications can be e-commerce solutions or social platforms, increasing the utility of Pi in everyday transactions.
- Claiming Pi Tokens: To Pi tokens, users must complete the Know Your Customer (KYC). This step ensures a secure and compliant ecosystem by verifying the identity of each person. Right now there is a glitch in verifying identity, maybe resolve soon.
If you have clicked a pop up Ok button then you can not claim your tokens before 3 years as your tokens have been locked for 3 years as this button is for staking permission.
Tokenomics
Pi Network’s toknomics is designed controlled allocation:
- Total Supply: The maximum supply of Pi coins is 100B tokens. As of October 29, 2024, 68 million tokens have been mined.
- Distribution:
- Mining Rewards: 65% of the total supply is allocated for mining rewards, and network security.
- Ecosystem Growth: 10% is specified for ecosystem development, supporting the creation and enhancement of Pi-based applications and services.
- Liquidity Provision: 5% is reserved to provide liquidity on exchanges, facilitating smooth trading experiences for users.
- Vesting Period: To maintain value stability, 80% of mined Pi is locked for a three-year vesting period.
This structure shows fair distribution, incentivizes network growth, and maintains the token’s value over time.
Price Prediction
Right now there is no official listed token. All are fake. Here is expected price on day of listing:-
- On day of listing expected MC for PI coin is $800M – $1B. According to that PI coin price should be $0.008 – $0.01.
- After that we can see a drop in price that can go up to $0.005 due to airdrop selling pressure.
- After that if the PI Network team handles development then we can see rise again.
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