launch in 2024 fall
Pi Network pioneers are expressing concern over the slow progress toward the long-awaited mainnet launch and its potential impact on token value.
Pi Network has just turned 5 year
A verified user who has mined Pi tokens for over five years took to voice frustration over the delayed mainnet launch and the slow pace of development. Pi Network, known as the first tap-to-earn platform, remains popular, especially in emerging markets like China, Brazil, and India.
Launched in 2019 by Stanford scientists Nicolas Kokkalis and Chengdiao Fan, Pi Network’s goal was to create a cryptocurrency, that would be easy to mine and use.
Pi Network users, popularly known as pioneers, can mine tokens by simply pressing a button on the mobile app. These tokens are currently worthless, but they are expected to gain, value once the open mainnet is launched.
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As part of its roadmap, Pi Network moved into an enclosed mainnet in December 2021. The enclosed mainnet period allows the calibrations, on the token model before the official mainnet launch. It also lets developers build applications that will give Pi coin utility after launch.
Pi Network celebrates 2000 days since its official launch on March 14, 2019! This milestone reflects the steady, ongoing efforts of our community—as we move ever closer to our vision of building the world’s most inclusive peer-to-peer ecosystem and online, experience, fueled