{"id":6223,"date":"2025-01-06T08:47:15","date_gmt":"2025-01-06T08:47:15","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=6223"},"modified":"2025-01-06T08:47:15","modified_gmt":"2025-01-06T08:47:15","slug":"important-pi-network-update-as-open-network-launch-date-approaches-details","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=6223","title":{"rendered":"Important Pi Network Update as Open Network Launch Date Approaches: Details"},"content":{"rendered":"<div>\n<p><strong>TL;DR<\/strong><\/p>\n<ul>\n<li><span data-preserver-spaces=\"true\">Pi Network has extended its Grace Period to January 31, 2025, achieving over 9 million mainnet migrations and 14 million KYC verifications.<\/span><\/li>\n<li>Despite delays, the project\u2019s app has surpassed 100 million downloads, gaining significant traction in Asian countries like South Korea.<\/li>\n<\/ul>\n<h2><span data-preserver-spaces=\"true\"><a href=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/01\/PiNetwork_CB-22.jpg\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-377493\" src=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/01\/PiNetwork_CB-22.jpg\" alt=\"\" width=\"1201\" height=\"720\" srcset=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/01\/PiNetwork_CB-22.jpg 1201w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/01\/PiNetwork_CB-22-300x180.jpg 300w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/01\/PiNetwork_CB-22-1024x614.jpg 1024w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/01\/PiNetwork_CB-22-768x460.jpg 768w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/01\/PiNetwork_CB-22-50x30.jpg 50w\" sizes=\"auto, (max-width: 1201px) 100vw, 1201px\"><\/a><\/span><\/h2>\n<h2>\u2018We\u2019re Making Excellent Progress\u2019<\/h2>\n<p><span data-preserver-spaces=\"true\">Despite the countless developments since its birth in 2019, the controversial cryptocurrency project Pi Network has yet to introduce its open mainnet and native token. Several months ago, the team said its first major milestone included the launch of Open Network. <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">The developers claimed this could become possible once 15 million users pass necessary Know-Your-Customer (KYC) verifications and migrate to the mainnet (known as the Grace Period). Initially, people had until the end of September to abide by the rules, but the deadline <\/span><span data-preserver-spaces=\"true\">was moved<\/span><span data-preserver-spaces=\"true\"> several times. Most recently, Pi Network <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/cryptopotato.com\/major-pi-network-pi-update-concerning-all-users-details\/\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"internal\"><span data-preserver-spaces=\"true\">extended<\/span><\/a><span data-preserver-spaces=\"true\"> the Grace Period to January 31, 2025, preparing to launch Open Network in the year\u2019s first quarter.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">In August 2024, the project\u2019s developers <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/cryptopotato.com\/important-pi-network-pi-update\/\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"internal\"><span data-preserver-spaces=\"true\">maintained<\/span><\/a><span data-preserver-spaces=\"true\"> that over 13 million people had completed authentications, while 6 million had successfully migrated. Last month, the team said KYC verifications had reached 14 million.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Most recently, Pi Network <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/x.com\/PiCoreTeam\/status\/1875995844773650824\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"external\"><span data-preserver-spaces=\"true\">revealed<\/span><\/a><span data-preserver-spaces=\"true\"> that more than 9 million people have successfully migrated to the mainnet, saying they are \u201cmaking excellent progress towards Open Network.\u201d<\/span><\/p>\n<blockquote>\n<p><span data-preserver-spaces=\"true\">\u201cIf you\u2019re still waiting on either Mainnet migration or KYC, remember to check your Mainnet Checklist and KYC app to see if further actions are necessary,\u201d the team added.<\/span><\/p>\n<\/blockquote>\n<p><span data-preserver-spaces=\"true\">While some community members applauded the latest development, others said they <\/span><span data-preserver-spaces=\"true\">have been struggling<\/span><span data-preserver-spaces=\"true\"> to pass verifications and migrate to the project\u2019s blockchain. Several months ago, Pi Network offered guidance to those experiencing such issues, <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/cryptopotato.com\/important-pi-network-update-for-users-struggling-with-kyc\/\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"internal\"><span data-preserver-spaces=\"true\">advising<\/span><\/a><span data-preserver-spaces=\"true\"> them to join a dedicated Telegram chat \u201cwhere there will be mods to answer your questions.\u201d<\/span><\/p>\n<h2><span data-preserver-spaces=\"true\">Pi Network Becomes More Popular<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">Despite the uncertainty, the <\/span><span data-preserver-spaces=\"true\">frustration from the community<\/span><span data-preserver-spaces=\"true\"> due to the constant delays, and the lack of clear information about when the native token will see the light of day, the project keeps increasing its popularity worldwide.<\/span><span data-preserver-spaces=\"true\">\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Not long ago, Pi Network\u2019s application <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/cryptopotato.com\/2-massive-pi-network-pi-achievements-ahead-of-scheduled-release-date\/\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"internal\"><span data-preserver-spaces=\"true\">exceeded<\/span><\/a><span data-preserver-spaces=\"true\"> the <\/span><span data-preserver-spaces=\"true\">major<\/span><span data-preserver-spaces=\"true\"> milestone of 100 million downloads. <\/span><span data-preserver-spaces=\"true\">The project (which claims to allow people to mine cryptocurrencies from their smartphones) has become particularly popular in Asian countries<\/span><span data-preserver-spaces=\"true\">, with South<\/span><span data-preserver-spaces=\"true\"> Korea, China, Vietnam, India, Singapore, and Japan <\/span><span data-preserver-spaces=\"true\">being<\/span><span data-preserver-spaces=\"true\"> some of the strongholds.<\/span><span data-preserver-spaces=\"true\">\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">According to Wu Blockchain, the number of local Pi Network users in South Korea recently <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/cryptopotato.com\/very-curious-pi-network-pi-fact-details\/\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"internal\"><span data-preserver-spaces=\"true\">surpassed<\/span><\/a><span data-preserver-spaces=\"true\"> 1.3 million, which exceeds the domestic client base of well-known crypto exchanges like Binance and Coinbase. Actually, the only two domestic cryptocurrency-related entities\u00a0with more customers are Upbit (4.36 million) and Bithumb (2.24 million).<\/span><\/p>\n<p>The post <a href=\"https:\/\/cryptopotato.com\/important-pi-network-update-as-open-network-launch-date-approaches-details\/\" rel=\"nofollow\">Important Pi Network Update as Open Network Launch Date Approaches: Details<\/a> appeared first on <a href=\"https:\/\/cryptopotato.com\/\" rel=\"nofollow\">CryptoPotato<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>TL;DR Pi Network has extended its Grace Period to January 31, 2025, achieving over 9 million mainnet migrations and 14 million KYC verifications. Despite delays, the project\u2019s app has surpassed 100 million downloads, gaining significant traction in Asian countries like South Korea. \u2018We\u2019re Making Excellent Progress\u2019 Despite the countless developments since its birth in 2019, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-6223","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/6223","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=6223"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/6223\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=6223"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=6223"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=6223"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}