Pi Network has officially announced the Open Network launch for February 20, 2025, marking a significant milestone that extends the Pi token's utility beyond its enclosed ecosystem.
Pi's Path to the Open Network
Over six years, Pi Network went through key phases of development. The Enclosed Network phase began in December 2021, allowing KYC verification and Mainnet migration. The Grace Period started in July 2024, speeding up KYC processing and migration to Mainnet.
What to Expect from Open Network
The transition to the Open Network will offer new opportunities for Pi Network. Key improvements include external blockchain connectivity, decentralized node expansion, and business and compliance integration.
Community Skepticism and Challenges
Despite positive news about the Open Network launch, some community members remain skeptical due to past delays. Previously projected launch dates in 2022 and 2024 were not met, causing some doubts among participants.
With the Open Network launch, Pi Network aims to enhance blockchain engagement, but February 2025 will be the time to see if the project can fulfill its promises.