The Pi Network community is once again upset due to the further extension of the Grace Period until February 28, 2025. This extension is part of a series of delays, raising questions about the project's readiness to launch the Open Mainnet.
Another Grace Period Extension
Founded in 2018 with the mission to democratize mining through mobile devices, Pi Network has announced yet another extension of its Grace Period deadline. This period is crucial for community members, known as 'Pioneers,' to complete requirements such as KYC verification before the Open Mainnet launch. Previous deadlines had already been moved in November 2024 and early 2025 as part of a series of postponements.
Community Response and Growing Frustration
The ongoing postponements have led to significant dissatisfaction among Pi Network users. Many 'Pioneers' have voiced their disappointment on social media, pointing to a lack of visible progress. Some community members are taking actions like disabling ads in their Pi Network applications in protest.
Will the Open Mainnet Ever Launch?
The journey to the Open Mainnet launch has been marked by considerable delays, setting it apart from other crypto projects. The 2021 white paper suggested a launch might occur in March or June 2022, but the exact timing remains uncertain. Pi Network maintains that it could happen in Q1 2025, yet no firm timeline obligations have been established.
The repeated extensions raise questions about the project's reliability and their ability to fulfill promises. The community watches closely, questioning whether the project can reach its full potential.