According to Pi Network Whitepaper: Open Mainnet Launch Will Come After 10-20 Billion Pi Coin Migration - hokanews
hokanews.com - Cryptocurrencies have become a global phenomenon that is changing our financial landscape. In the midst of this buzz, there is one project that has stolen Pi Network's attention. A project that aims to provide access to cryptocurrencies to everyone, regardless of their level of technical knowledge. In the Pi Network whitepaper, it is implied that the launch of the Open Mainnet stage will occur after a large number of Pi Coins have successfully migrated.
The Pi Network Whitepaper is a guide that outlines the vision and plans for this project. One of the important milestones in the evolution of Pi Network is the launch of the Open Mainnet phase. At this stage, the network will be fully open to users, and Pi Coin will become a cryptocurrency that can be used in a variety of use cases.
Of course, one key element in this plan is the number of Pi Coins that must successfully migrate before Open Mainnet can launch. Based on the information available in the whitepaper, the plan is that the launch will occur once the migration reaches a figure of between 10 to 20 billion Pi Coins.
Rapid Second Migration Phase
What is interesting to note is that once the first migration phase is complete, the second migration phase will take place quickly. This is due to the fact that all participants in the first migration phase have gone through a KYC (Know Your Customer) process, meaning that their identities have been verified in accordance with applicable regulations.
This rapid second migration phase aims to speed up the migration process of the entire Pi Network community. This is an important step towards the launch of Open Mainnet, where Pi Coin will be able to be used in a wider range of use cases.
A Bright Future Awaits
In the rapidly changing world of cryptocurrency, Pi Network has a strong vision. This vision is to make Pi Coin one of the most inclusive cryptocurrencies in the world. The launch of Open Mainnet will open the door for Pi Network users to explore the full potential in the crypto ecosystem.
With the migration plans revealed in the whitepaper, Pi Network shows its commitment to ensuring that all users have equal opportunities in the ever-growing crypto ecosystem. This reflects a bright and inclusive future vision for the project.
According to the #PiNetwork whitepaper, the Open Mainnet will be launched between 𝟭𝟬 to 𝟮𝟬 Billion migrated #𝗣𝗶𝗰𝗼𝗶𝗻𝘀.
— PiNetwork Upto Date (@PiNetwork24X7) September 15, 2023
Note: 2nd migration phase will happen very quickly as everyone from the 1st phase is already KYCed ✅@PiCoreTeam #PiNetworkLive #Crypto pic.twitter.com/PQiI7XzRb1
Pi Network is a cryptocurrency project that has stolen the hearts of many users. The Open Mainnet launch plan, as outlined in the whitepaper, provides an interesting glimpse into the future of the project. With the migration underway and the KYC process being carried out quickly, Pi Network users can get ready to experience a more inclusive and expansive crypto ecosystem.
This is a significant milestone, and we should continue to monitor Pi Network's further developments. However, one thing is certain, this project has become an example of a cryptocurrency that aims to provide access to everyone, and we all look forward to a bright future with Pi Network.
