The launch of the open network of PI (Mainnet) on February 20, 2025 led great speculation regarding the potential listing price. It has become one of the most expected launch operations on the last encryption date.
As we approach Mainnet, here are the five best facts about the PI network that every user must know before investing.
Pi Coin Tokenomics
Total offer of PI is covered in 100 billion icons, dedicated as follows:
- Mining rewards (65 %)Nearly 65 billion PI reserved to bonus users who contribute to the network through activities such as mobile devices mining, referrals and ongoing contract.
- Building ecosystem (10 %)About 10 billion PI are allocated to support community initiatives, develop decentralized applications (DAPPS), and other enhanced projects for the ecosystem.
- Following liquidity (5 %)About 5 billion PI is allocated to provide liquidity for transactions within the PI ecosystem.
- Customize the basic team (20 %)The remaining 20 billion PI is allocated to the PI Core team as compensation for the continuous development and maintenance efforts of the network. This specialization is subject to a timetable in line with the distribution of society.
As Pi Network approaches the launch of Mainnet, the Pi Core team publicly did not publicly reveal the exact number of the distinctive symbols that will be opened at the time.
As of approximately December 2024 562 million PI coins It was opened and agreed.
It is worth noting that there are a large number of pioneers (users who intend PI using the mobile app) chose to hold their icons for long periods. Even many of them choose a Three -year lock.
The PI network was accused of data leakage
In May 2021, reports of important data that included about 17 GB of personal information from about 10,000 Vietnamese citizens had leaked. Data at risk included identification card details, home addresses, phone numbers and email addresses.
Meanwhile, the individual responsible for the leak claimed that the data was obtained from the PI network. The project, however, refute these allegations.
According to the project, the third -party service, YOTI, conducted KYC operations. Utie also claimed that Vietnamese ID cards were not stored on its servers.
“The Pi Network or the KYC provider of the third party has nothing to do with the last alleged data for Vietnamese national identifiers. Network PI has never requested or collected this data and does not accept the KYC provider of the external authority of this type of identity document”, the project books Again in 2021.
Later, the internal investigation conducted by the PI did not find any evidence that there is a breach of data at the end of it. YOTI also denied any participation in data leakage.
Pi participated in the largest pyramid scheme in China
Pi Network has faced a significant scrutiny in China, with allegations indicating that it works as a multi -level marketing scheme (MLM) or the pyramid scheme. The statute uses a referral based system where users can increase their mining rate by inviting others.
In July 2023, the General Security Office of Hengiang, Hunan County, described the PI as a fraud. The office highlighted that the PI network depends on the hierarchical invitation mechanism. This constitutes layers of participants as the recruits benefit from bringing new members.
“The PI network has nothing to do with the real project and you will simply do it. Be aware that CABAL is trying to create Meta from the Pi Network 2025,” Master analyst books On x (previously Twitter).
The model is in line with the characteristics of the pyramid plans, which are illegal under Chinese law. Many industry leaders such as Colin Wu and AB KUAI.Dong have warned of legal risks to participate with the PI network in China.
In response, the PI network has carried out restrictions on the trading of PI in certain areas, including the main righteous China. Exploits, such as OKX, confirmed that the PI network requested an isolated menu.
“PI is the largest pyramid outline in the Chinese speaker. Since mobile phones can be used directly, the threshold is low. With the increase in the number of users, mining bonuses will decrease gradually. But the defect is that it includes hierarchical and gambling plans, and there are many cases that include the police In different places. ” books Ab kuai.dong.
PI network is among the 5 best popular encryption projects
Even without the launch of Mainnet and the ongoing delays, the Pi Network is currently 5 Crypto project on X (previously Twitter). The project currently includes 3.7 million followers, which is higher than Ethereum, Solana and other popular Blockchain networks.
It is also among the most popular encryption applications in South Korea and India. The project’s mobile phone app has more than 100 million downloads in the Google Play Store.
Coin PI launch price
The price of the otc (network) of the PI network (without a prescription) is $ 2 per code PI. This is a peer to counterpart, as users trade unofficial without an exchange lists.
However, the current IOU price (I owe you) is about $ 64. IUS are speculative prices on stock exchanges like HTX (formerly HUobi), where traders expect future prices before PI are trading.
More importantly, the PI network has more than 45 million participating users, making it one of the largest encryption communities. Social media activity and research trends indicate a strong concern.
Currently, a large percentage of PI is locked due to the voluntary lock periods set by users. Looking at these factors, Beincrypto analysts expect a PI currency between $ 30 and $ 50 on the launch date of Mainnet.
Disintegration
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