Research
by BSCN
February 7, 2025
Explore Pi Network's Open Network mainnet launch plans for Q1 2025. Learn about past delays, current timelines, and what's at stake for this mobile mining cryptocurrency project's future.
For Pi Network's vast community of "Pioneers," one question has dominated discussions in recent months and years: When will the Open Network mainnet finally launch? While most cryptocurrency projects treat mainnet launches as straightforward milestones to be achieved as quickly as possible, Pi Network's journey to mainnet has been notably more complex and controversial.
Pi Network emerged in 2019 with an ambitious vision championed by its Stanford-educated founders. The project's core mission was revolutionary in its simplicity: make cryptocurrency mining accessible to everyone through their mobile phones. This democratization of crypto mining captured the imagination of millions, building one of the largest communities in the cryptocurrency space.
According to Pi Network's latest official communications, the Open Network mainnet is scheduled to launch in the first quarter of 2025. That is, before March 31st. This timeline has been recently reaffirmed in the project's communications, with a recent blog post explicitly stating that "the Open Network is still on track for Q1 2025" despite other ongoing developments within the ecosystem.
However, the reality behind this launch date is more nuanced than it might appear at first glance…
The Pi Network community's skepticism regarding launch dates stems from a pattern of delays and extensions that has characterized the project's development:
The project's "Grace Period" - a window allowing community members to complete various requirements including KYC verification - has been extended three separate times. While Pi Network maintains that these extensions are "independent of Open Network timing," each delay has eroded some community members’ confidence in the project's ability to meet announced deadlines.
The journey toward Open Network launch has been marked by several unfulfilled possibilities:
It may appear as if the projects announcements regarding Open Network launch always give the team the possibility to extend further.
This is now a reasonable question for many, and one that has become increasingly complex as the community grapples with extended waiting periods and shifting timelines. That said, many community members seem to remain confident in the project. Several factors contribute to the uncertainty:
After more than three years of waiting, many Pioneers are questioning the project's commitment to launching the Open Network mainnet. The repeated delays and extensions have created a trust deficit that could become critical if the Q1 2025 target is not met.
Some community members speculate that advertising revenue might be influencing launch timing. Some claim that the project currently generates income through in-app advertising, leading some to theorize that mainnet launch might be delayed until this revenue stream diminishes. This has prompted some Pioneers to disable ads within their apps as a form of protest.
The Q1 2025 launch target represents a massively crucial moment for Pi Network. If achieved, it could vindicate the project's methodical approach to development and community building. However, missing this deadline could have serious implications for community trust and project momentum.
The success or failure of meeting the Q1 2025 launch target could determine Pi Network's future trajectory:
While Pi Network publicly targets a Q1 2025 launch for its Open Network mainnet, the project's history of delays and qualifications makes this timeline uncertain to some. The coming months will be crucial in determining whether Pi Network can deliver on its promises and maintain its community's trust. As the Q1 2025 deadline approaches, all eyes will be on Pi Network to see if it can finally achieve this long-awaited milestone in its development.
[Updated 7th February, 2025]
Disclaimer
Disclaimer: The views expressed in this article do not necessarily represent the views of BSCN. The information provided in this article is for educational and entertainment purposes only and should not be construed as investment advice, or advice of any kind. BSCN assumes no responsibility for any investment decisions made based on the information provided in this article. If you believe that the article should be amended, please reach out to the BSCN team by emailing [email protected].
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