Unpacking the Anticipated Launch of Pi Network's Open Mainnet

As excitement mounts among the Pi Network community, several Pioneers have been keenly asking about the potential dates for the much-anticipated launch of the Open Mainnet (OM). Speculation suggests dates such as December 12, December 24, or December 31, but the reality is that only the Core Team possesses definitive knowledge and control over this critical timeline. Understanding the conditions that must be met for the OM to occur is essential for all stakeholders involved.

Another cooking airdrop at Swallow Bitget 👇

https://share.bwb.site/inviteLink?code=SUbZW2&shareLang=id&teamCode=&source=copy

Key Requirements for the Open Mainnet

Recent communications have outlined several crucial prerequisites that must be fulfilled before the launch of the Open Mainnet:

1. 15 Million KYC-Verified Users: A robust user base that has undergone the Know Your Customer (KYC) process and achieved verification.
2. 10 Million Mainnet Migrations: Users who have successfully migrated their accounts to the mainnet.
3. 100 Decentralized Applications (dApps): The presence of a diverse array of dApps that will support the Pi Network ecosystem.
4. Controlled External Conditions: Various external factors that could impact the launch and stability of the mainnet.

Two Possible Timelines for Open Mainnet

Based on current insights, two potential scenarios may influence the timing of the Open Mainnet launch:

1. Mass Migration in November: If a significant number of users manage to complete their migration by November, there is a plausible scenario where the Open Mainnet could be launched as early as mid-December. This would signal a major achievement for the Pi Network and its dedicated community.
2. Core Team's Previous Announcements: Conversely, previous announcements from the Core Team have indicated a migration deadline of December 31. This suggests that the achievement of 10 million migrations will be contingent upon reaching this date. Should this be the case, the Open Mainnet may not be unveiled until after December 31, potentially serving as a festive New Year’s gift for all Pioneers.

The Role of #PiFest 2024

In this context, the upcoming #PiFest 2024 can be viewed as a significant precursor to the Open Mainnet. This event is anticipated to provide valuable insights into the projected value of Pi and highlight how external ecological resources can bolster dApps, the cornerstone of the Pi Network ecosystem. The more diverse the external ecosystem, the greater the potential for enhancing the utility of Pi, which is essential for its long-term success.

Influence of Political Conditions in the U.S.

Moreover, the political landscape in the United States following the Presidential Election could profoundly impact the Core Team's decision-making regarding the OM launch date. The outcomes of the election may result in shifts in regulatory perspectives, which can either facilitate or hinder the growth of the Pi Network in the global market.

Conclusion

While the exact date for the launch of the Pi Network's Open Mainnet remains uncertain, this analysis sheds light on the myriad factors that could influence this pivotal decision. Whether through successful mass migrations in November or the ramifications of the U.S. Presidential Election, these elements are crucial as the Pi Network moves closer to its goal. As the community prepares for this next chapter, there is a palpable sense of optimism and readiness for what lies ahead.

🟣 Several Pioneers asked me whether OM would occur on December 12,December 24 or December 31.Of course only CT knows and has full control over the OM date..As we know,the main conditions for OM are 15 Million KYC'd,10 Million Mainnet Migrated,100 dApps and controlled external… pic.twitter.com/MUJzRylbkr

— Dimas Nawawi (@2000Rocker) October 31, 2024

Source: X

Those who haven't mined Pi Coin, download it now

https://minepi.com/H002xli

Invite Code: H002xli  

HokaNews Launches New Telegram Channel for Latest Airdrops

HokaNews has officially launched its new Telegram channel, HokaNews Airdrop, designed to provide the latest updates on airdrops and collaborative earning opportunities. The channel aims to keep the community informed and engaged without charging any fees.

It is important to note that HokaNews does not solicit payments for airdrop information or access. The only official channel for HokaNews is named HokaNews Airdrop, accessible via the following link: https://t.me/hokanewsAirdrop. Any claims of payment requests from individuals purporting to represent HokaNews are fraudulent.

Want to talk to our team, log in from here 👇

https://t.me/hokanewsAirdropChat

Join us on HokaNews Airdrop to stay updated with the latest airdrop news and participate in opportunities at no cost.

 

Writer @Yopes

Yopes is an experienced crypto writer who loves to explore the intersection of blockchain technology and financial markets. She regularly provides insights into the latest trends and innovations in the digital currency space.

 

 Check out other news and articles on Google News

Disclaimer:

The articles published on hokaNews are intended to provide up-to-date information on various topics, including cryptocurrency and technology news. The content on our site is not intended as an invitation to buy, sell, or invest in any assets. We encourage readers to conduct their own research and evaluation before making any investment or financial decisions.

hokaNews is not responsible for any losses or damages that may arise from the use of information provided on this site. Investment decisions should be based on thorough research and advice from qualified financial advisors. Information on HokaNews may change without notice, and we do not guarantee the accuracy or completeness of the content published.

 

Read all Pi Network articles only at pi.hokanews.com