Recently, two platforms, Pi Network and Ice Open Network, have emerged as top players in mobile-accessible cryptocurrencies. They provide unique offerings that simplify access to crypto technologies.
The Origins of Pi Network and Ice Open Network
Pi Network was initiated by a team of Stanford graduates in 2019, aiming to make crypto accessible to many users through their smartphones. The focus is on a referral-based model. On February 20, 2025, Pi transitioned to an open network. Ice Open Network, which launched in 2023, is a Layer-1 blockchain focused on bringing the internet onchain, emphasizing user data control. Its mainnet went live on January 29, 2025.
Key Features
Ice Open Network is built for scalability and speed, with 1.2M TPS and support for dApp development. It offers open-source code and is backed by the ICE coin. Pi Network allows users to mine on their mobile devices using the Stellar Consensus Protocol. Although its code is closed, it is backed by the PI coin.
User Base, Adoption, and Recent Developments
Pi Network has a larger user base, with over 60 million engaged users compared to ION’s 40 million. Both platforms have launched their mainnets and formed significant partnerships and events to boost adoption. However, ION is recognized for its technical prowess and transparency, while Pi focuses on ease of use.
ION and Pi Network represent two approaches to decentralized technology. Both protocols offer benefits for different audiences, and the choice between them depends on priorities in transparency, accessibility, and community scaling.
