Pi Network

PI Launched 2025 source

What this page is: neutral, sourced facts about Pi Network. Every line links where it was checked. 9 facts, 4 from primary sources. Educational, not financial advice.

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Launch

Pi Network announced on February 19, 2025 that Pi's Open Network has launched. primary source source

Founders and creators

Pi Network was founded by Dr. Nicolas Kokkalis and Dr. Chengdiao Fan, both of whom have PhDs from Stanford University. secondary source source

Origin story

Its main value proposition is a mobile-first mining system that allows users to earn rewards on their phones without specialized hardware. secondary source source

Stated purpose

Pi intends to allow devices of individuals, including mobile phones, laptops and computers, to contribute on the protocol level and get rewarded. primary source source

Consensus mechanism

The Pi white paper names the Stellar Consensus Protocol (SCP), which uses Federated Byzantine Agreements, as the leading candidate to enable mobile-first mining. primary source source
Security is maintained through a global trust graph built from user groups called security circles where members vouch for each other. secondary source source

Supply model

The Maximum Supply of Pi is 100 billion tokens; 65 Billion tokens (65%) are allocated for community mining rewards. secondary source source

Main uses today

The ecosystem includes a native wallet, a dedicated browser, and a platform for decentralized applications where the PI token is used for peer-to-peer exchange and transaction fees. secondary source source

Key milestones

The Pi whitepaper states the Enclosed Mainnet period started on December 28, 2021, and the Mainnet mining formula went into effect in March, 2022. primary source source

Sources & studies

Last checked: 2026-11-04 · Prices, market caps and circulating supply are left out on purpose because they change by the minute. Educational, not financial advice.

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