Pi Network's long-awaited open mainnet is expected to go live by the end of December 2024, according to recent updates. The developers, led by founders Nicolas Kokkalis and Chengdiao Fan, have outlined December 31 as a significant milestone for opening the mainnet to the public. This move will enable Pi coins to be traded on decentralized exchanges, potentially allowing them to gain real-world value and utility within various blockchain applications. The team has focused on ensuring user readiness by encouraging KYC verification and facilitating the migration of Pi balances to the beta mainnet, which is a prerequisite for open mainnet eligibility. To meet these goals, Pi Network has set key dates: KYC submission closes on November 30, and December 31 marks the anticipated mainnet launch. This transition is not only technical but is envisioned to foster a decentralized ecosystem, with Pi Network targeting the launch of over 100 decentralized apps (dApps) to support a Web3 environment where Pi can serve as a utility token for services and transactions.