Once the Open Mainnet for Pi Network launches and the PI token gets listed on crypto exchanges, each IOU will be exchangeable for 1 PI coin. Instead, these IOUs are financial instruments that allow traders to speculate on the potential price of PI. It is worth noting that the Pi Coin IOUs are not actual mainnet Pi coins. ![]() According to the Pi Network price prediction, PI could see a significant upside in the next three months, gaining +50% and surpassing the $60 mark by the end of the year. Now the roadmap has no plan to Open Mainnet.” Pi coin price saw a +37% surge following the roadmap announcementĭespite the disappointment surrounding Pi Network’s roadmap, the price of Pi Coin IOUs surged by +37% following the announcement, from $30.12 on October 6 to $41.20 on October 17. “This new update shows that Pi Core Team is taking us for a Joke. “In other words, open mainnet will not happen this year or even 2024, because road map version 2 is currently in the execution stage, and there are no open mainnet plans yet…” Are these messages of any substance? A summary of these past events. Here are a couple of posts from the X platform that capture the sentiment of the majority of Pi Network’s community: The second version coming in December will reportedly “include future milestones for each product and program.” In essence, the second version will delve into the upcoming features, requirements, upgrades, and other initiatives that the network must undertake before transitioning into the Open Network period.īroadly speaking, the community members on social media were not too pleased with the roadmap announcement. The first version of the roadmap, slated to come out later this month, will cover past and current milestones. "While the roadmap will not present a timeline for the Open Mainnet, it will lay out some concrete pivotal milestones leading up to the Open Mainnet” The team also made it clear that there won’t be any information about the Open Mainnet date in the roadmap. ![]() The team wrote that the roadmap would focus on “more transparency overall”, including information about ongoing projects and future endeavors. The Pi Network Product Roadmap, aptly subtitled A Look Behind and a Path Forward, is set to release in two parts, one in mid to late October and the second in December. Pi News OctoPi Network users were disappointed by the omission of the open mainnet launch date Read more⤵️ #PiNetwork #Crypto #Web3 #Blockchain /j6GyuUBHQG Version1⃣️: Releasing in mid to late October ?Announcing Pi Network’s Product Roadmap: A Look Behind and a Path Forward To the community’s disappointment, the roadmap – which will be released in two parts, one in October and the second in December – won’t include information about the open mainnet launch date. Last week, the Pi Core team finally unveiled the release date for the product roadmap. Over the past couple of months, the Pi Network community has been eagerly awaiting the release of a detailed roadmap that was expected to include the highly anticipated date for the open mainnet release. ![]() ![]() Despite the negative reactions by users on social media, the price of Pi coin IOUs rallied following the roadmap announcement.The community was largely disappointed by the news, questioning whether the Open Mainnet launch would happen at all.The Pi Network Core Team revealed that the upcoming two-part roadmap won’t include information about the Open Mainnet launch date.
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