Pi Network Accelerates Mainnet Migration: Real Asset Ownership Moves Closer

Pi Network has officially entered the second phase of its Mainnet migration, marking a pivotal moment in its journey toward decentralization and real-world utility. This phase enables millions of users—known as Pioneers—to transfer their remaining mined Pi and referral rewards to their Mainnet wallets. With this development, Pi Network is not only accelerating its ecosystem but also bringing users one step closer to true asset ownership.

Understanding Mainnet Migration: A Strategic Rollout

The migration to Mainnet is a multi-phase process designed to ensure fairness, security, and scalability. The first phase focused on transferring core mining rewards and verified balances. Now, the second phase targets referral bonuses and remaining mined Pi, contingent on KYC verification and completion of the Mainnet checklist.

This structured approach reflects Pi Network’s commitment to building a robust and inclusive blockchain ecosystem. By gradually onboarding users, the network avoids congestion and ensures that each migration is secure and verifiable.

Crypto, Coin, Picoin: Unlocking the Value of Mined Assets

For years, Pioneers have mined Picoin through mobile devices, contributing to the network’s growth and stability. Until recently, these coins remained in a transitional state—visible but not usable. With the second phase of migration underway, users can now claim full ownership of their mined assets.

This shift transforms Picoin from a theoretical reward into a tangible digital asset. It also lays the groundwork for broader crypto integration, allowing Pi to interact with other coins and platforms in the Web3 space.

Web3 Integration: Building a Decentralized Future

Pi Network’s migration strategy is closely tied to its Web3 ambitions. By enabling users to manage their assets on Mainnet, the network is creating a decentralized infrastructure where individuals—not institutions—hold control.

This aligns with the core principles of Web3: transparency, interoperability, and user empowerment. As more users migrate, Pi Network becomes a living example of how blockchain can democratize access to financial tools and digital identity.

Technical Milestones: From Testnet to Mainnet

The transition from testnet to Mainnet has been gradual but deliberate. Ecosystem applications have successfully moved to Mainnet, allowing users to interact with decentralized apps (dApps) in a live environment. This includes platforms for payments, commerce, and community governance—all powered by Picoin.

The migration also introduces advanced security features, such as email-based two-factor authentication and biometric verification. These upgrades ensure that users’ assets are protected as the network scales.

Community Impact: Millions of Pioneers Empowered

With over 12 million users already migrated, Pi Network has surpassed its initial goal of onboarding 10 million before the Open Network launch. The second phase is expected to onboard millions more, especially those who earned referral rewards through team-building efforts.

This mass migration is more than a technical achievement—it’s a validation of the community’s dedication. Pioneers who have mined, referred, and supported the network are now seeing the fruits of their labor materialize in their Mainnet wallets.

Challenges and Solutions: Addressing Migration Bottlenecks

Despite the progress, the migration process has faced challenges. Issues related to account verification, email mismatches, and unverified balances have caused delays. To address these, the Core Team implemented system-level checks and paused migrations temporarily to ensure integrity.

Now that these checks are complete, migrations have resumed and are expanding. The network currently processes up to 200,000 migrations daily, significantly reducing wait times and improving user experience.

#PiNetwork has officially launched the second phase of Mainnet migration. A large number of users can now transfer their remaining mined Pi and referral rewards to their Mainnet wallets. The ecosystem is accelerating, and real asset ownership is one step closer. #PiNetwork… pic.twitter.com/twyZDYf1ou

— Dr.Vincent McPhillip (@PIFilipo) July 27, 2025

Tokenomics and Supply Distribution: A Transparent Framework

Pi Network has confirmed a fixed maximum supply of 100 billion Pi tokens. Of this, 65% is allocated to community mining rewards, 10% to the foundation, 5% for liquidity, and 20% to the Core Team. This distribution prioritizes community participation while ensuring long-term sustainability.

The migration process reflects this tokenomics model, rewarding users based on verified mining activity, referral contributions, and ecosystem engagement.

Looking Ahead: Toward the Open Network Launch

The Open Mainnet is scheduled to launch on February 20, 2025. This milestone will transition Pi Network from an enclosed environment to a fully open blockchain, enabling broader access and utility for Picoin.

Until then, the migration process will continue in periodic waves, ensuring that all eligible users can transfer their balances securely. The Core Team has emphasized that migration will remain ongoing even after the Open Network goes live.

Conclusion: Real Ownership, Real Opportunity

The launch of the second phase of Mainnet migration marks a defining moment for Pi Network. It transforms mined Pi from a virtual balance into a usable asset, empowers users with real ownership, and accelerates the ecosystem’s growth.

For Pioneers, this is more than a technical update—it’s a reward for years of belief, participation, and community-building. As Pi Network moves closer to its Web3 vision, the opportunities for users to engage, transact, and innovate will only expand.

The future of Pi is no longer a distant promise. It’s unfolding now, one migration at a time.

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