Pi Network has been ongoing for 5 years now and it still hasn’t launched. A huge percentage of the miners have given up on this project. And when you check your referrals, only 15% of them might be mining.
Not only this, many who have migrated to mainnet have either sold, lost their coin or are looking for a place to sell. To be frank, Pi Network’s move to the open mainnet has taken too long. Considering that projects like Notcoin started and launched in no time.
However, if you are still holding your Pi and you’re considering selling, don’t sell because Pi Network is determined to launch next year. The team said it multiple times.
Let’s review three conditions the team stated needs to be met before open mainnet and what has been achieved so far.
- The completion of open network preparation, which the team says is on track.
- To meet KYC and utility creation goals.
- The absence of unfavorable external conditions.
15 million KYC pioneers is the target goal and 12 million has been achieved. 10 million migration is the target and 5.79 million has been achieved. And 100 unique app is the target, out of which 70 has been achieved.
You can see that things this year have been moving relatively fast. You can be stuck in the tentative KYC for two years, but it can be all completed if you provide the right documents and information and be able to be migrated within 14 days.
