Pi Network Ready for Open Mainnet: KYC Verification Reaches 13 Million Pioneers

Pi Network Ready for Open Mainnet

Pi Network is making significant strides toward the launch of its Open Mainnet, which is scheduled for December 2024. One of the key steps in its preparation is the implementation of a Know Your Customer (KYC) process, which began on July 1, 2024. This process aims to verify every user, known as a Pioneer, to ensure they can fully participate in the growing Pi Network ecosystem.

As of now, 13 million pioneers have successfully completed the KYC verification, reflecting the strong engagement and enthusiasm of the Pi Network community. With the Open Mainnet launch fast approaching, Pi Network expects this number to continue growing, further demonstrating the platform’s readiness for the next phase.

The Pi Network core team has expressed their appreciation for the active participation of the community and has emphasized the importance of completing the KYC process ahead of the deadline. “The number of pioneers who have passed KYC is a strong testament to the readiness of our community,” the team stated. They also encourage others to complete their KYC process as soon as possible.

To assist users in meeting the requirements, Pi Network has introduced a Grace Period, allowing users more time to complete KYC and migrate to the mainnet smoothly. Additionally, the app now includes a special reminder feature that displays users’ KYC and migration deadlines directly on the main screen during the mining process.

With more than half of the initial three-month period already passed, Pi Network has set September 30, 2024, as the final deadline for KYC submission. The core team continues to encourage pioneers to complete their KYC early and reminds users to invite others to join the ecosystem before the Grace Period ends.

Pi Network’s strategic preparations, including the mass KYC process, are positioning the platform for a successful Open Mainnet launch, which is expected to further solidify its place in the competitive crypto space.

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