Pi Network, a cryptocurrency project allowing users to mine digital assets on their smartphones, has extended its migration deadline to January 31, 2025, causing frustration among its community due to repeated delays. Despite promises of a December roadmap update for the open mainnet, developers have remained silent, leaving many skeptical about the project’s progress.
The project, which originated over five years ago, has faced multiple developments, but its mainnet and native token have yet to launch. This has led to growing frustration within the Pi Network community, with users seeking clarity on these milestones. The team had initially targeted the launch of the Open Network, contingent on users passing Know-Your-Customer (KYC) verifications and migrating to the mainnet during the Grace Period. Originally set for late September, the deadline was extended to November 30, then moved to New Year’s Eve, with the team claiming this additional time would allow users to secure their Pi.
The latest announcement of an extension to January 31, 2025, sparked annoyance among many community members already exasperated by recurring delays. Some pointed out the continuous extensions, jokingly suggesting the Grace Period be extended for several years. A user sarcastically mentioned extending it until 2028, expressing doubt about the project’s imminent launch. In December, Pi Network reported that 18 million users had completed KYC verifications, with 8 million already migrated to the mainnet, while hinting at a potential Open Network launch in Q1 2025.
The community’s frustration with Pi Network’s repeated delays is palpable, with many expressing skepticism about the project’s future. The lack of communication from developers regarding the roadmap update has only fueled doubts about the project’s progress. Despite the claimed advancements in KYC verifications and mainnet migrations, the ongoing delays have eroded trust in Pi Network among its users, who eagerly await concrete developments and timelines. The continuous extensions of the Grace Period deadline have only added to the community’s disappointment and uncertainty regarding the project’s viability.
As Pi Network continues to face criticism and skepticism from its community members, the project’s reputation hangs in the balance. The lack of transparency and clarity surrounding the launch of the mainnet and native token has led to growing frustration and disillusionment among users. With the latest deadline extension to January 31, 2025, community members are left wondering if Pi Network will ever fulfill its promises or if further delays are inevitable. As the project’s developers remain silent amidst mounting concerns, the future of Pi Network’s Open Network launch in Q1 2025 remains uncertain. Only time will tell whether Pi Network can regain the trust and confidence of its community and deliver on its long-awaited promises.
