As a seasoned crypto investor with battle-tested nerves and a hearty appetite for digital assets, I must say that my enthusiasm for Pi Network has been a rollercoaster ride. Celebrating its 2,000th day since launch is certainly noteworthy, but the lack of a mainnet release leaves me feeling a tad perplexed (pun intended).


TL:DR;

  • Although it was launched as a project over 2,000 days ago, Pi Network’s mainnet and native token have yet to see the light of day officially.
  • Could that finally change during the ongoing bull cycle? Perplexity weighs in.

As a proud crypto investor, I’m excited to mark the 2,000-day milestone for this project, which officially kicked off on March 14, 2019. Over these past years, we’ve grown significantly and now serve over 15 million verified customers who have completed their KYC process.

Nevertheless, the primary network of this project, designed for mining cryptocurrency on smartphones and potentially revolutionizing the internet’s appearance, has not yet been made publicly available.

Furthermore, the team has extended the period for users to file KYC applications from November 2021 to December 31, 2024. This marks the second such extension, as the original cutoff date was in September.

The set deadline aligns with the planned release date for the mainnet and token. Despite the team’s ongoing promises that this will happen on December 31st, 2024, the skepticism within the community has significantly increased.

Instead of asking, let’s inquire from the well-known AI chatbot, Perplexity, about its thoughts on whether Pi Network’s mainnet might be launched on December 31 or possibly within the current market upswing.

The positive market circumstances certainly motivate the team to carry out the planned launch, since they stand to gain from the broader environment.

As a crypto investor, I can’t stress enough how significant the overall cryptocurrency market climate is when it comes to deciding the launch timing of mainnet. A thriving market with bullish sentiments can spark increased interest and investment in networks like Pi, encouraging more users and investors to join. Conversely, a downturn or bear market might create apprehension among potential users and investors, potentially delaying their participation.

Before its formal debut, the PI token’s value has soared to $50, with Perplexity forecasting potential prices of up to $100 prior to its public unveiling.

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2024-12-05 13:06