As Pi Network approaches a pivotal moment in its development, users are once again being reminded of the need to take action before it’s too late. The KYC (Know Your Customer) verification deadline is fast approaching on November 30, putting increasing pressure on pioneers to step up their efforts. If you’re part of the Pi ecosystem, here’s what you need to know to secure your Pi tokens before the deadline expires.
Pi Network: Between Mainnet Access and Frequent Delays
Pi Network is an ambitious project that aims to make cryptocurrency mining accessible to everyone via smartphones. Over the course of more than five years, the project has seen significant growth in popularity, but the constant delays in launching the native token and open mainnet have raised doubts among many users. Despite constant updates, there is still uncertainty about when the full transition to the long-awaited mainnet will happen.
Last August, the developers announced that over 13 million users had successfully completed the KYC verification process, a necessary step before moving to the mainnet. The deadline for this process was initially set for September 30, but it has been extended to November 30, giving users one last chance to complete their verification.
Opportunity to earn Pi tokens: Join as a KYC Verifier
As the open network approaches, Pi Network is facing a backlog of verification requests, and needs help to process this growing number. The solution? Users can join as KYC verifiers, playing a pivotal role in speeding up the process and earning Pi tokens for their efforts.
The Pi Core team urged users to increase their participation, saying: “Once you have successfully completed the KYC process, help achieve the goals of the open network by becoming a KYC verifier in your region. Invite other users to complete the KYC process and move to the mainnet.”
Will we see the open web before 2025?
With 2024 coming to an end, the ultimate goal for Pi Network remains to transition to an open network by then. The Pi Core team is expected to provide more details on the roadmap to the mainnet in December, which could finally allow for the buying and selling of Pi tokens.
But despite these developments, there are still skepticism among users, especially after repeated delays. The KYC process itself has faced some challenges and has confused many, prompting support groups to be created on Telegram to help users overcome these issues. Nevertheless, Pi’s optimistic pioneers continue to hold out hope for a big breakthrough to come.
What should you do now?
1. Complete the KYC process: If you haven’t done so yet, this is your first priority. Failure to complete the process before the deadline may put your Pi tokens at risk.
2. Consider joining as a KYC Verifier: By participating in this process, you can speed up the verification process, reduce waiting times, and earn Pi tokens as a reward for your contribution.
