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The core of Pi Network revolves around three key phases: the development phase, the testnet, and the mainnet. During the development phase, the Pi Network team built the foundation, created the app, and fostered community growth. Next, they launched a testnet, which is essentially a simulation of the actual network. This helped the developers test and refine the system without risking real money. Finally, the mainnet is the live version of Pi Network where the coins gain actual value and can be traded. As of right now, Pi Network is in the enclosed mainnet phase. This means that Pi coins are not yet fully tradable on open markets. The team is carefully working to prepare for a successful launch into the open mainnet phase.
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