Pi Network arouses great curiosity with the Open Network (Mainnet) launch on February 20, 2025. The project has attracted the attention of investors due to token supply, price forecasts and regulatory investigations. Pi Network, one of the most anticipated projects in the crypto world, has a large community with more than 45 million users.
Tokenomic structure of Pi Coin
The total supply of Pi Network is limited to 100 billion tokens, which is allocated to certain areas. The 65 %mining awards department provides users awarded with mobile mining and guidance programs. The 10 %part is allocated for ecosystem development, while a 5 %share is used to provide liquidity. The 20 %section allocated for the core team is subject to a certain lock opening process.
As of December 2024, 562 million Pi Token circulated and many users prefer the locking mechanism that can last up to 3 years. This can have a major impact on the market by restricting the token supply. However, the project team has not yet announced how many token’s locks will be opened at the main net launch.
Pi Network and Data Leakage Claims
In 2021, the allegations that more than 10,000 Vietnamese users have leaked personal data came up. The leak contains identity cards, phone numbers and e-mail addresses.
The Pi Network team said that the KYC (authentication) processes were carried out by Yii, a third -party provider. In the internal investigations, there was no evidence that there was a data violation of Pi Network or Yoi. However, such security concerns have doubted some investors about the reliability of the project.
Pyramid Charts against Pi Network in China
The regulatory authorities in China described Pi Network as a pyramid scheme because they work with multi -layered marketing (MLM) model. According to the authorities, the ability of users to increase their earnings by inviting new participants creates a structure similar to illegal pyramid schemes.
In July 2023, the Public Security Office of Hengyang, the Pi Network described Pi Network as a fraud activity. As a result, Pi Coin was subjected to transaction restrictions on some stock exchanges. Large stock exchanges such as OKX allowed Pi Network to be traded only by a specific listing method.
How popular is Pi Network in the crypto world?
Although Pi Network has not yet been listed in central stock exchanges, it has created a large community in the crypto world. The project, which has 3.7 million followers on X (Twitter), left giants such as Ethereum and Solana behind.
It also stands out as one of the most popular crypto applications in India and South Korea. The Pi Network application, which reaches more than 100 million downloads at the Google Play Store, attracts great attention among crypto investors.
Pi Coin’s launch price and expectations
Currently, Pi Network is not officially traded on stock exchanges. However, the price of Pi Token in OTC markets is traded at the level of 2 dollars.
In contrast, the Pi Token, which was traded as IOU (I OWE YOU) on some stock exchanges, rose to $ 64. IOUL transactions allow investors to speculate at future prices before the main network is opened.
Conclusion
Pi Network stands out as a project that still progresses with great unknown, but has a large community. After the Mainnet launch, significant developments can be experienced that determine the real market value of the project.
However, the accusations of the Pyramid scheme in China, regulatory uncertainties and data leakage claims require investors to be careful. However, the stock market listing and corporate investor interest are among the important factors that may affect Pi Coin’s price movements.
