币界网报道：Pi Network, the mobile mining cryptocurrency project, faces challenges in transitioning from its early chaotic phase to sustainable growth. Despite amassing over 50 million engaged users during its free mining period, the network struggles with limited real-world utility and merchant adoption for its Pi token. The project's enclosed mainnet, launched in 2021, currently restricts external exchanges while focusing on building infrastructure and KYC verification for its community. While some merchants like travel booking platform Pi Travel and NFT marketplace Pi Land have emerged, mainstream adoption remains elusive. The network's future hinges on successfully executing its three-phase roadmap: establishing trust through free mining (Phase 1), testing the mainnet (Phase 2), and achieving full decentralization (Phase 3). With the core team maintaining control over token supply and ecosystem development, Pi Network must balance centralized guidance with decentralized principles to fulfill its vision of creating accessible cryptocurrency for everyday users.