PI (PI): A mobile-first token that is expanding its ecosystem.

The local token PI of the Pi Network is gaining attention as this mobile-based cryptocurrency project transitions to a fully operational blockchain ecosystem. If you've seen the ADA/USDT trading pair on Gate, you might be wondering what Pi is, how it works, and what will happen next for holders and developers. Here is the complete situation.

What is the Pi Network?

Pi Network is an application-centric blockchain project aimed at making cryptocurrency accessible to anyone with a smartphone. Since its launch on March 14, 2019, users have been able to "mine" Pi coins by simply clicking a button in the mobile app, without the need for powerful hardware or continuous energy consumption. The network uses a trust-based consensus algorithm inspired by the Stellar Consensus Protocol. Users participate by establishing secure circles instead of traditional mining, with roles including pioneers, contributors, and ambassadors—all of whom are incentivized through a merit-based structure.

From Closed to Open Mainnet

The project has gone through multiple development stages:

• The Beta and testnet phases focus on community building and developer integration.
• The mainnet was closed in December 2021, allowing for the migration of application-based Pi coins after KYC verification, while transfers from external wallets remain blocked.
• The mainnet will be launched on February 20, 2025, with the firewall restrictions removed. This allows Pi Coin to be transferred externally, interact with decentralized applications, and support exchange listings.

Although the IOU trading of Pi coin has already appeared, the launch of the mainnet marks the entry of Pi coin into a broader market dynamic.

Ecosystem and Development Usability

With the launch of the open mainnet, Pi Coin is surpassing mobile mining. Developers can now deploy Pi Coin application modules (Pi Coin apps) using mobile SDKs and browser-based frameworks. These applications can support peer-to-peer payments, identity verification, digital goods, and more. As the migration progresses, only pioneers who have completed KYC verification will be able to fully use the token. Many people remain locked in the vesting schedule during the early rollout to help stabilize the ecosystem. Meanwhile, the platform aims to build utility through mainstream-friendly Web3 applications and services.

Factors Affecting the Value of Pai Cryptocurrency

• The mainnet adopts: the active use of exchange listings, external transfers, and token distribution applications affects liquidity and token visibility.
• Migration Ratio: The migration speed and the supply of unlocked tokens affect network utility and token circulation.
• Ecosystem Growth: The number and practicality of emerging applications will influence the adoption of long-term tokens.

As most of the migrated coins are still locked, user behavior regarding adoption and token usage may influence the early price direction.

Frequently Asked Questions about Pai Coin

What does "派币" mean?

It refers to Pi, the native currency of the Pi Network, designed for decentralized applications, peer-to-peer payments, and ecosystem growth.

How to obtain Pi Coin?

Users can mine Pi coins by clicking a button daily and participating in the trust graph process through the mobile app. Migrating to the mainnet requires KYC verification and is done in stages.

Can I transfer my tokens now?

Yes. Since the official launch of the Autonomous Network, users who have completed KYC verification can transfer Pi coins to external wallets. Now, Pi coins can be listed and traded on the exchange through the PI/USDT trading pair.

What is the total supply of ###?

The maximum supply of Pai Coin is 100 billion tokens, allocated among community mining, foundation reserves, liquidity, and the core team. The token migration plan determines how much can be transferred at any given stage.

Is the token environmentally friendly?

Yes. The energy consumed by mobile mining is negligible, making Pi Coin one of the most sustainable token distribution models in cryptocurrency.

Conclusion

Pi Network is emerging from its mobile-based mining foundation into the broader Web3 ecosystem. With the launch of the open mainnet, Pi applications are now operational, and the token has transitioned from a rewards point to a utility-driven digital asset. As migration and adoption continue, Pi Network offers a continually evolving, inclusive, low-energy cryptocurrency model designed to serve everyday users. Whether you are a long-time pioneer or curious about mobile-first blockchain, Pi Network is steadily building utility—beyond mere speculation.