Top 5 Facts about Pi Network Ahead of Mainnet Launch
PI Network’s Open Network (Mainnet) was launched on February 20, 2025, creating significant speculation about its potential listing price. It has become one of the most anticipated launches in recent crypto history.
When we approach the mainnet release, these are the top five facts every user must know about the PI network before investing.
PI coin token learning
The total supply limit for PI is 100 billion tokens, and the allocation is as follows:
- Mining Rewards (65%): About 65 billion PI is reserved for rewarding users who contribute to the network through activities such as mobile mining, recommendation and running nodes.
- Ecosystem Building (10%): About 10 billion PI is reserved to support community programs, development of decentralized applications (DAPPs) and other ecosystem enhancement projects.
- Liquidity pool (5%): Approximately 5 billion PI was allocated to provide liquidity for transactions within the PI ecosystem.
- Core Team Allocation (20%): The remaining 20 billion PI is allocated to the PI core team to compensate for its development work and ongoing maintenance of the network. This allocation shall comply with a timetable for attribution consistent with the community allocation.
As PI network approaches its mainnet releasethe PI Core team has not publicly disclosed the exact number of tokens to be unlocked at that time.
As of December 2024, approximately 562 million PI coins Unlocked and in circulation.
It is worth noting that a large number of pioneers (users who use mobile apps to mine PI) have chosen to lock their tokens for a long time. Many people even choose Three years lock.
PI network accused of data breach
In May 2021, it was reported that a large number of data leaks involved approximately 17 gigabytes of personal information from approximately 10,000 Vietnamese citizens. Traded data includes ID card details, home address, phone number and email address.
At the same time, the individual responsible for the leak Claims that the data comes from the PI network. However, the project refuted the allegations.
According to the project, Yoti’s third-party services underwent a KYC process. Yoti also claimed that Vietnamese ID cards were not stored on its servers.
“PI Network or its third-party KYC providers have nothing to do with the recent so-called Vietnam National ID leak. PI Network never requests or collects such data, and our third-party KYC providers do not accept such ID documents” Write Back to 2021.
Later, internal investigations conducted by the PI network found no evidence of data breach. Yoti also denied being involved in the data breach.
PI participates in China’s largest pyramid plan
PI network In China, it has been under rigorous scrutiny, accusing it of the operation of a multi-layer marketing (MLM) or pyramid scheme. The platform uses a recommendation-based system where users can increase their mining rates by inviting others.
July 2023, the public Safety The Hanyang Municipal Bureau of Hengnan Province marked Pi Coin as a scam. The bureau emphasized that the PI network relies on a hierarchical invitation mechanism. This forms a hierarchy of participants where recruiters benefit from introducing new members.
“PI network has nothing to do with real projects and will soon be carpet. Be aware that as Cabal tries to make meta from the PI Network 2025 brand,” analyst Mastr Write On X (formerly Twitter).
The model is consistent with the characteristics of the pyramid scheme, which is characterized by the illegality of Chinese law. Several industry leaders, including Colin Wu and Ab Kuai.Dong, warned of the legal risks of interacting with China’s PI network.
In response, the PI network has PI coin trading In some regions, including mainland China. comminicate OKX confirmed PI network request an isolated inventory method.
“PI is the largest pyramid scheme in the Chinese-speaking world. Since the phone can be used directly for mining, the threshold is low. As the number of users increases, the mining rewards will gradually decrease. But the disadvantage is that it involves pyramid schemes and gambling, and there is Many cases involve police everywhere.” Write ab kai.dong.
PI Network is one of the top 5 most popular crypto projects
Even without mainnet releases and continuous latency, the PI network is currently the fifth most important Crypto Project on X (formerly Twitter). The project currently has 3.7 million followers, which is higher than Ethereum. Solanaand other popular blockchain networks.
It is also one of the most popular crypto apps in Korea and India. The project’s mobile app has over 100 million downloads in the Google Play Store.
Starting price of PI coins
The OTC (over-the-counter) price of PI Network is $2 per PI token. This represents peer-to-peer transactions, where users informally trade PIs without a swap list.
However, Its current price (I owe you) About $64. IOS is the speculative price of exchanges such as HTX (formerly known as Huobi), and before PI trading, traders expect future prices.
Most importantly, the PI network has over 45 million users, making it one of the largest crypto communities. Social media campaigns and search trends indicate strong retail.
Currently, a large part of the PI is locked due to the voluntary lock-up period set by the user. Taking these factors into account, Beincrypto analyst forecast Pi Coin trades between $30 and $50 on Mainnet release date.
Disclaimer
persist in Trust Project Guide Beincrypto is committed to impartial, transparent reporting. This news article is designed to provide accurate and timely information. However, readers are advised to independently verify the facts and consult a professional before making any decisions based on this content. Please note that our terms and Conditions,,,,, Privacy Policyand Disclaimer Updated.