17/10/2025
Hey Pi Pioneers, I just want to share some encouragement and hope with all of you:
Don’t lose faith. There may be times when things seem slow or uncertain, but remember: the journey of growth always passes through valleys before reaching the peaks. I believe that one day, Pi Network’s value will rise, its ecosystem will expand, and together we will all move forward and prosper.
A little about Pi’s story and what lies ahead:
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📆 History & Beginnings
Pi Network was officially launched on March 14, 2019 (fittingly Pi Day) by a team of Stanford graduates.
Its founders include Dr. Nicolas Kokkalis, Dr. Chengdiao Fan, and Vincent McPhillip.
From its beginning, Pi attempted to break away from the “mining-only-with-powerful-hardware” model, aiming to let ordinary people mine crypto via mobile devices in a more energy-efficient way.
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🚀 Phases, Present, and Future Plans
Past & Present
After its 2019 launch, Pi entered a testnet phase to refine the blockchain, allow developers to build apps, test transaction flows, and find bugs.
Then came the enclosed mainnet period, where Pi’s internal network operated in a closed environment, with KYC (Know Your Customer) verification becoming a key step for users.
On February 20, 2025, Pi Network transitioned (or began transitioning) to what is called its Open Network — the firewall was removed, enabling external connectivity and allowing Pi to be traded on exchanges and integrated with external systems.
Since then, the team has emphasized expanding the Pi ecosystem — enabling decentralized apps (dApps), building merchant adoption, and integrating more utilities.
Future Vision & Roadmap
The Pi core team has outlined several goals and directions moving forward:
Blockchain upgrades & scalability — they are working on newer versions, improving performance, and ensuring Pi can grow efficiently in terms of user base and transaction volume.
Transparency & community governance — the team is under increasing pressure (and intention) to open more communication about how funds, decisions, and plans will be handled.
Pi Ventures / funding support for projects — there is talk of a $100 million fund to help nurture apps, startups, and innovations within the Pi ecosystem.
Wider merchant adoption & real-world use cases — letting businesses accept Pi, enabling more decentralized applications in the ecosystem, expanding cross-chain integration.
Exchange listings & liquidity — the Pi team hopes for more listings on big, reputable exchanges, which can help increase liquidity, wider awareness, and confidence in Pi’s legitimacy.
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💡 A Message to All Pioneers
To everyone who’s been tapping daily, inviting people, verifying identities, and patiently waiting — you are part of something meaningful. Many successful projects we see today didn’t become big overnight. They endured phases of doubt, challenge, development, and slow growth. Pi is still fairly young when it comes to being a fully open, usable ecosystem.
So hold on to hope. Keep participating. Share knowledge. Help solve problems together. The day may come when Pi’s value won’t just be about numbers, but about how much real utility and adoption it has. And when that time arrives, we who have stayed close, helped build, and kept faith will reap rewards—not just financial, but in being foundational members of the ecosystem.
Let’s rise together. Let’s keep the spirit strong. 💫
