TL;DR

• Pi Network users in South Korea surpass Binance’s user base in the country.
• The project’s open mainnet launch awaits final verifications, with updates expected in the following weeks.

Pi Network Outpaces Binance on This Front

The cryptocurrency project Pi Network, which allows individuals to mine digital assets directly from their smartphones, remains one of the most discussed topics in the space. It saw the light of day over five years ago but its open mainnet and native token have yet to go live. 

Despite the surrounding controversy, Pi Network has amassed a multi-million community. Not long ago, the team revealed the project’s application had exceeded the milestone of 100 million downloads.

One country where Pi Network has created a stronghold is South Korea. Wu Blockchain recently reported that the exact figure of local users has reached 1.34 million. In fact, the only two domestic crypto-related entities having more users are the popular exchanges Upbit (4.36 million) and Bithumb (2.24 million).

The local Pi Network community outpaced Binance’s clients in South Korea in terms of numbers. Those employing the services of Coinbase, Bitget, and Bybit are also outnumbered by the project’s users. 

Other Asian countries with solid Pi