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When will Pi coin be available on Mainnet?

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The Pi Network is set to transition to its Open Mainnet phase in 2024, with the expected launch window being between March and June. This timeframe is contingent upon meeting several critical conditions set by the Pi Network team. These include completing necessary preparations across technology, product, business, and legal domains, achieving a milestone of 15 million users completing the Know Your Customer (KYC) process, and migrating at least 10 million users to the beta mainnet​ (Techopedia)​​ (Binance)​​ (Techopedia)​.

As of mid-2024, progress has been substantial, with over 11 million users having completed KYC verification and approximately 5.58 million users migrated to the beta mainnet. The network has also developed around 50 mainnet-ready applications, though the goal is to reach 100​ (Techopedia)​​ (Binance)​.

The Pi Network’s Open Mainnet launch is highly anticipated as it will enable broader functionality, such as trading Pi coins with other cryptocurrencies and fiat currencies, and further integrating Pi into everyday transactions and applications​ (Binance)​​ (Techopedia)​. The launch aims to enhance network security, stability, and scalability while expanding the capacity to handle more users and transactions.

The Pi Network team is focused on ensuring that these milestones are met before proceeding with the Open Mainnet launch to ensure a smooth and successful transition​ (Techopedia)​.

What will Pi be worth in the near future?

Predicting the future value of Pi coins involves a fair bit of speculation, given the uncertainties in the cryptocurrency market. However, several analyses provide a range of potential values for Pi in the coming years:

2024

  • Pi is expected to trade between $18 and $58 by the end of 2024. This range reflects the early stages of its adoption and the transition to the open mainnet​ (Cryptonews)​​ (Coin Edition)​.

2025

  • By 2025, as the Pi Network ecosystem expands and more developers build on the platform, Pi could be worth between $28 and $96. This increase would depend on successful technological advancements and user adoption​ (DigitalCoinPrice)​​ (Cryptonews)​​ (Coinlib)​.

2026

  • The price of Pi in 2026 could range from $35 to $115. This period might see significant growth due to increased market traction and broader adoption of cryptocurrencies​ (DigitalCoinPrice)​​ (Coin Edition)​.

2027-2028

  • In these years, Pi might experience fluctuations due to market dynamics. Predictions suggest a price range of $60 to $165 by 2029, with potential setbacks if early miners cash out their holdings​ (DigitalCoinPrice)​​ (Cryptonews)​​ (Coin Edition)​.

2030

  • Looking further ahead, Pi could reach a price range of $98 to $280 by 2030, driven by increased trading volumes and more widespread exchange listings. The long-term outlook assumes a mature and stable cryptocurrency ecosystem​ (DigitalCoinPrice)​​ (Coin Edition)​​ (Coinlib)​.

Beyond 2030

  • Predictions for 2040 and beyond are highly speculative but suggest that Pi could continue to rise, potentially reaching up to $375 by 2040 if it maintains its growth and adoption trajectory​ (Coin Edition)​.

These predictions highlight the potential for significant growth but also underline the volatility and risks inherent in the cryptocurrency market. As always, it is important to conduct thorough research and consider market conditions when evaluating these forecasts.

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Buying and Selling Pi Coins

As Pi Network transitions to its Open Mainnet, the methods for buying and selling Pi coins will become more accessible and straightforward. Here are the primary ways users can engage in Pi transactions:

1. Cryptocurrency Exchanges

Once Pi is listed on major cryptocurrency exchanges, users will be able to buy and sell Pi coins like other cryptocurrencies. Here’s how this typically works:

  • Create an Account: Users will need to create an account on a supported exchange such as Binance, Coinbase, or any other that lists Pi.
  • Deposit Funds: Users can deposit fiat currency (like USD, EUR, etc.) or other cryptocurrencies into their exchange wallet.
  • Trade: Users can trade their deposited funds for Pi coins. This involves placing buy or sell orders on the exchange platform.

2. Peer-to-Peer (P2P) Transactions

Pi Network is likely to support peer-to-peer transactions, enabling users to trade directly with one another without intermediaries. This can be done through:

  • Pi Network App: The app itself might facilitate P2P transactions where users can send and receive Pi coins directly.
  • Social Media and Forums: Users can arrange trades through social media platforms, forums, or community groups dedicated to Pi Network.

3. Merchants and Service Providers

As Pi Network grows, more merchants and service providers may accept Pi coins as payment. This would allow users to spend their Pi coins directly on goods and services. Examples include:

  • Online Marketplaces: Websites or apps where users can buy products and services using Pi.
  • Local Businesses: Physical stores and businesses that accept Pi as a form of payment.

4. In-app Purchases and Services

The Pi Network app itself may offer services and features that can be purchased with Pi coins. This creates an internal economy where users can spend their mined Pi on various digital services.

Security and Regulation

To ensure secure transactions and regulatory compliance, Pi Network has emphasized the importance of completing the Know Your Customer (KYC) process. Users will need to verify their identity to participate fully in the Pi economy.

Future Developments

As the network evolves, more sophisticated trading and transaction methods may emerge, including decentralized exchanges (DEXs) and advanced financial products built on the Pi blockchain.

Summary

  • Exchanges: Trade Pi coins on cryptocurrency exchanges.
  • P2P Transactions: Direct trades between users.
  • Merchants: Spend Pi on goods and services.
  • In-app Services: Use Pi within the Pi Network ecosystem.

For more detailed information, users can follow updates on the Pi Network’s official channels and keep an eye on announcements from cryptocurrency exchanges​ (CoinCodex)​​ (DigitalCoinPrice)​​ (Cryptonews)​​ (Coin Edition)​​ (Coinlib)​.

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