The Pi Network has confirmed a critical deadline of 8:00am UTC on March 14, 2025, requiring users to complete Know Your Customer (KYC) verification and migrate to the Mainnet to avoid forfeiting most of their Pi, marking a pivotal moment in the cryptocurrency’s transition to an open network.
Reminder: The Grace Period requires both KYC and Mainnet migration to be completed by 8:00am UTC on March 14, 2025, to avoid forfeiting most of your Pi other than Pi mined within the rolling window of the last 6 months before your Pi is migrated. Learn more…
— Pi Network (@PiCoreTeam) March 10, 2025
According to the Pi Network’s official X post on March 10, 2025, users must act swiftly to retain Pi mined beyond the rolling window of the last six months before migration. The announcement, shared by
@PiCoreTeam, underscores the urgency as the project, launched by Stanford graduates Nicolas Kokkalis and Chengdiao Fan, prepares for its Open Network launch in Q1 2025. “Reminder: The Grace Period requires both KYC and Mainnet migration to be completed by 8:00am UTC on March 14, 2025, to avoid forfeiting most of your Pi,” the post states, linking to detailed guidance on minepi.com.
The investigation into this deadline reveals a complex process. Confirmed by Pi Network’s blog on July 11, 2024, the Grace Period, initially set to end on December 31, 2024, was extended to January 31, 2025, and now culminates on March 14, 2025, to include more users in the Open Network. Sources say the extension reflects challenges in KYC verification and Mainnet migration, with over 18 million users KYC’d and 8 million migrated, as noted in a December 23, 2024, update on minepi.com. However, the gap between KYC’d and migrated users remains a hurdle, with only 10 million migrations needed for Open Network activation.
Historically, Pi Network’s user-friendly approach—allowing mobile mining since 2019—has attracted over 47 million members, as reported by pinetwork.mypinetwork.net on November 26, 2024. Yet, this deadline intensifies pressure on users, with X reactions showing frustration over delays and privacy concerns. Insiders reveal technical bottlenecks, including tentative KYC approvals, have slowed progress, while Pi’s value has dropped over 55% from its peak due to low trading volume and market uncertainty, per Forbes Crypto Market Data.
Furthermore, experts weigh in on the implications. “This deadline is a make-or-break moment for Pi Network’s credibility,” says a blockchain analyst quoted by CryptoNews on March 12, 2025. The urgency is palpable, with users urged to complete migrations immediately to safeguard their holdings. However, those stuck in KYC or migration due to system issues won’t face penalties, per Pi’s July 2024 policy.
In summary, Pi Network’s March 14, 2025, deadline is a defining step toward Open Network, but it exposes ongoing challenges in user verification and migration. Key takeaways: act now to retain Pi, monitor technical updates, and understand the project’s evolving ecosystem as it navigates this critical phase.
