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Cryptocurrency News Articles
Pi Network Unveils Three-Phase Mainnet Migration Plan
Apr 21, 2025 at 03:18 pm
Pi Network, on April 18, 2022, officially released its eagerly awaited Mainnet Migration Roadmap, outlining a three-phase approach to bringing Pioneers, its millions of users, onto the open network.
Key Takeaways:
* Pi Network, on April 18, 2022, officially launched its eagerly awaited Mainnet Migration Roadmap, detailing a three-phase approach to bringing Pioneers, its millions of users, onto the open network.
* There will be three phases of the migration:
* Phase 1: focused on migrating the bulk of the user base and launching the Pi blockchain
* Phase 2 will introduce the project’s token to exchanges, open up fiat-to-Pi purchases, and begin the network's ecosystem development
* Finally, Phase 3 will focus on scaling the network, aiming for mass adoption and expanding the project’s footprint
* Well over 12 million users have already successfully migrated so far, according to Pi Network, a remarkable achievement for a new blockchain which developed its KYC and migration systems from the ground-up with zero cost to users in fiat.
* However, without a tentative schedule or a breakdown of completed migration figures, users are unable to predict when their claimed rewards will arrive, leading some to express frustration in online forums.
Migration Uncertainty Leaves Pi Network Users Expressing Concern
Even though the roadmap provides clearly structured phases, Pi Network users are expressing concern that something vital is missing: a sense of urgency and a clear indication of the project’s priorities.
Many users are reporting that they tap the “claim” button daily, only to then find zero rewards in their wallets, or that they’ve received only partial transfers, with no explanation.
The “Transferable Balance” display in the Pi app is also a topic of contention among users, who are reporting that the project team purposely designed it to display a conservative estimate in order to conserve system resources and prevent overloading the network during the migration process.
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- Chillonic Launches Innovative NFT Collection Featuring the Groundbreaking Chill-404 Protocol
- May 21, 2025 at 10:55 pm
- Chillonic, the pioneering NFT project built on Sonic's high-performance SVM infrastructure, today announced the launch of its innovative NFT collection featuring the groundbreaking Chill-404 Protocol.
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