Reviewed: September 12, 2026
Official channels: minepi.com · @PiCoreTeam
Company: Verified. The Pi Network app is published by SocialChain Inc., Palo Alto, California, USA.
Maximum supply: Project-reported 100 billion PI.
Token allocation: Project-reported.
- 65 billion PI for past and future mining rewards
- 10 billion PI for community organization and ecosystem development
- 5 billion PI for ecosystem liquidity
- 20 billion PI for the Core Team
Network status: Verified. Pi Open Network launched on February 20, 2025. External connectivity with other networks, wallets and approved services is now possible.
App access: Verified. Pi Network and Pi Browser are available on Android and iOS. Google Play shows more than 100 million downloads for the main Pi Network app.
Mining: Users start a daily mining session in the mobile app. The base rate changes over time. Extra rewards may come from Security Circles, active Referral Team members, lockups, Pi app usage and Node activity.
Mining note: The phone does not perform energy-intensive Proof-of-Work mining. The app records rewards for participation under Pi Network’s mining formula.
KYC: Available. Standard KYC is required before mined balances can migrate to Mainnet.
Fast Track KYC: Available for some new users. It can activate a Mainnet wallet earlier, but it does not transfer the user’s mined balance to Mainnet.
Mainnet migration: Active. First migrations continue. Second migrations, including eligible referral rewards, started rolling out gradually in March 2026.
Monthly wallet transfers: No fixed monthly schedule has been published. Pi Network says future periodic migration frequency is still to be determined.
Wallet use: Migrated and unlocked Mainnet PI can be transferred. Locked PI remains unavailable until its selected lockup period ends.
Referral rewards: Only eligible rewards linked to Referral Team members who pass KYC can become transferable.
External services: Pi Network publishes a list of KYB-verified businesses. Users should check the current official list before using any exchange, payment provider or other company.
Whitepaper: Published.
Independent full-network audit: No clear public report was found in the official sources reviewed.
Important distinction:
A balance shown in the mining app is not automatically transferable PI on the blockchain.
KYC approval, the Mainnet Checklist, wallet security steps, migration eligibility and any selected lockup can affect how much PI becomes available.
Sources: Pi Network Whitepaper · Pi Open Network announcement · Pi KYC updates · Pi second-migration update · official KYB list · Google Play · Apple App Store
KYCFIRST shares public information only. This is not an invitation to invest.
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