According to CryptoPotato, Pi Network, a highly debated project in the cryptocurrency sector, has recently provided an update on its progress. Despite being launched over six years ago, the project has yet to offer a clear timeline for a straightforward token launch. However, the core team has announced significant milestones in user engagement and migration to the mainnet.
The announcement revealed that the network has surpassed 13 million users who have successfully completed Know-Your-Customer (KYC) procedures. Additionally, over six million users have migrated to the mainnet. The team emphasized that these achievements are part of their collective efforts towards reaching the Open Network goals. They also noted that the progress is not linear but has been accelerating.
It is important to clarify that the term 'migrated to mainnet' does not imply that the mainnet has been launched. Instead, it indicates that these users have completed a 'mainnet checklist.' This distinction is crucial for understanding the current state of the project.