Pi Network as a fully decentralized system with custodial wallet.
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Pi Network Mainnet to Launch Soon
Pi Network is currently operating on a testnet, with plans to launch the open mainnet by the end of 2024, although no official release date has been confirmed. The mainnet will introduce the ability for Pi Coins (PI) to be exchanged for other digital assets or fiat currencies. Recent updates, such as the release of Testnet 2, have improved transaction efficiency and reduced fees to 0.0000099 Pi. Despite widespread interest and millions of users mining Pi coins, the currency’s future market value remains uncertain.
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