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The Core Team is excited to announce that Pi Network will launch Phase 2 of the project on Pi Day, 2020. Phase 1 began on Pi Day, 2019 with the goal of growing the network to 1M Pioneers. Less than a year from launch, we’ve far surpassed our goal, with over 3.5M Pioneers globally. Now that we have built this large and diverse global community, Phase 2 will focus on building the value of the network with an Applications Platform and decenrtalizing by building Pi's testnet. | Pi Network
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official Pi Core Team: Pi GCV" refers to the Global Consensus Value for the Pi Network, a community-driven target price (famously $314,159) for the Pi cryptocurrency, established through peer-to-peer bartering and social media, not by the official Pi Core Team, which emphasizes real market value. It's a grassroots effort to set an initial high value for Pi before open trading, but remains speculative, with the Core Team promoting market-driven discovery for the actual value once the network full
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