Pi Network has announced another extension of its Grace Period deadline, sparking frustration within its community and raising doubts about the launch of its Open Mainnet.
Explaining Pi Network's Recent Grace Period Extension
Founded in 2018 with a mission to democratize cryptocurrency mining via mobile devices, Pi Network has repeatedly extended the deadline of its Grace Period. This period is essential for community members, known as 'Pioneers,' to complete necessary prerequisites before launching the Open Mainnet. The latest extension was announced on January 30, 2025, moving the deadline to February 28, 2025.
Community Response and Growing Concerns
The continuous postponements have led to growing dissatisfaction within the Pi Network community. Many have taken to social media to express their frustrations, and some have disabled advertisements within their Pi applications as a form of protest, which further erodes trust in the project's financial model and commitments.
Open Mainnet Launch: Will it Ever Launch?
The path to Pi Network's Open Mainnet launch is marked by delays. Initially expected to launch in 2022, there is still no firm date. Despite maintaining that the launch is on track for Q1 2025, the absence of clear communication raises doubts about meeting stated goals.
As Pi Network approaches its latest deadline, it faces a critical period that could determine its future. The ongoing delays and decreasing community trust require the project team to ensure transparency and fulfill stated timelines to maintain user and investor support.
