Having a community of people numbering millions has attracted a lot of investors and exchanges alike to the Pi Network.

Pi Network, the smartphone-based blockchain mining project has spoken up once again trying to give clarity on the unauthorized listing of Pi coins, making it known to everyone that they are not available for trading yet.

The Pi coin was launched in March 2019 for mining by its community members, called “Pioneers.” However, Pi Network has been in existence since 2018. Once the Pi Network upgrades to Open Mainnet, these assets will be made available for trading.

Pi Network Disclaimer
At the moment, the network is in an Enclosed Mainnet state, which implies that interactions with any third party are “practically impossible.”

On the 29th of December, 2022, a similar disclaimer was issued by the blockchain project in which it mentioned awareness of reports linking several unauthorized exchanges that are trying to list Pi.

In recent times, influencers and members of the Pi Network have been aggressively promoting the upcoming Open Mainnet on social media, which has generated a lot of interest amongst crypto exchanges and investors alike. On November 15, 2022, the network mentioned crossing the two million followers mark on Twitter, this is a sign of its growing popularity.

However, Pi coins are neither available for purchasing nor listening. Interested persons must join the network and mine them.

In anticipation of a brighter outlook for the Pi coin, a few crypto exchanges have listed the asset on their platforms according to reports. With Huobi reported as one of them, this was revealed in a tweet by crypto journalist Justin Wu.

Unauthorized Listing
In its statement released on January 6, the team behind the project reiterated once again that it is in an Enclosed Mainnet state, where the network is protected by a firewall, and as such, no third party or exchange can interact with it unless authorized, which was not the case.

Featured Image Source: cryptopotato.com