Pi Network will clarify the list of illegal tokens, including the enclosed mainnet details.
Pi Network does not endorse listings on exchanges
Pi Network opposes all unauthorized token listings on specific exchanges. The world’s largest blockchain-based community with over 35 million users has revealed that the Pi Network is not associated with any exchange.
According to an exclusive statement handed to BSC News, the Pi Core team clarified that Pi Network was not involved in the listing of these $PI tokens on exchanges. The team added that his PI tokens traded were fake.
“Pi Network is not affiliated with any of these exchanges which operate without the consent, authority or involvement of the network. Furthermore, the products traded on these exchanges are not actual Pi tokens. ’” the team wrote.
Following last week’s reports of unauthorized token listings, Pi Network made an official announcement via Twitter advising users to ignore them. Additionally, the network has requested the exchange to remove them.
Pi Network Enclosed Mainnet
The Pi Network is still on the enclosed mainnet as a buildup towards the launch of the Open Mainnet. During the enclosed mainnet period, the Pi mainnet is up, but with firewalls to support unwanted external activity. This firewall is a barrier and does not guarantee connectivity between Pi and other exchanges or blockchains.
Pi’s enclosed mainnet design means that it is impossible to list $PI on any exchange. The list violates the network’s policy and is a fake native Pi token representing some form of IOU or other derivative.
The Pi Network is in a critical stage of its enclosed mainnet development, which focuses on two key priorities: moving to large-scale KYC/mainnet and building an ecosystem. The firewall remains active until Pi launches an open mainnet after completing critical steps on the enclosed mainnet.
What is a pi network:
Pi Network is a new cryptocurrency and developer platform that allows mobile users to mine Pi coins without draining their device’s battery. Pi’s blockchain secures economic transactions through a mobile meritocratic system and a full Web 3.0 experience that allows community developers to build decentralized applications (dApps) for millions of users. .
Pi network location:
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