Pi Network's Open Network Launch Nears with MEXC Support
The Open Network launch marks a major milestone for the Pi Network, with a strong focus on community engagement, innovation, and compliance. As the project continues to grow and develop, it will be interesting to see how the launch of the Open Network and the listing of the KAITO token on MEXC and Bitget will impact the price and overall market sentiment.
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Pi Network is set to launch its Open Network on February 20, 2025, marking a significant milestone for the project, with over 19 million identity-verified Pioneers and 10.14 million Mainnet migrations, exceeding the original goal of 10 million.
The transition to Open Network has been years in the making, with a journey that began over six years ago. The project has reached significant milestones, including the development of over 100 Mainnet or Mainnet-ready apps. The Open Network will require KYC verification for Pioneers and KYB verification for businesses to maintain a safe and compliant ecosystem.
MEXC will launch Kaito (KAITO) pre-market trading on February 19 at 20:00 (UTC+8), allowing users to trade in advance before spot trading opens. The KAITO token will also be listed on Bitget, a cryptocurrency exchange, which could increase its trading volume and potentially boost its price. The listing's impact on the price will depend on overall market sentiment and community engagement.
Pioneers and developers are encouraged to engage actively during the Open Network period, including mining, contributing to utility building, and developing new Mainnet apps. The community is invited to collaborate and drive innovation to ensure the sustainability and robustness of the Pi Network.
The launch of the Open Network is expected to expand opportunities for Pioneers and businesses, creating a more comprehensive ecosystem. With the support of MEXC and other cryptocurrency exchanges, the Pi Network is poised for significant growth and development in the coming months.