PI Network is all set to launch its open mainnet with 1.3 Billion PI tokens migrated to enclosed mainnet.

PI network is the world’s largest and most popular Cryptocurrency after Bitcoin which has over 40 Million holders and most telegram and twitter subscribers.

Pi Network is a cryptocurrency project that aims to create a decentralized digital currency that can be mined on mobile devices. The project was launched in March 2019 by a group of Stanford graduates, and it is based on the Proof-of-Stake (PoS) consensus mechanism, which is a more energy-efficient alternative to the Proof-of-Work (PoW) consensus mechanism used by Bitcoin and other cryptocurrencies.

Unlike Bitcoin, which requires powerful and energy-intensive mining equipment to solve complex mathematical problems, Pi Network allows users to mine coins by simply downloading and running a mobile app. The app uses a unique consensus algorithm called the “SCP” (Synchronized Crypto Network Protocol) to verify transactions and maintain the network.

PI Mainnet may be launched in June, 2023 and its expected price is $3.141 on launch.