The Pi Network community continues to be disappointed because the long -awaited token launch is still not happening. The project team postponed the KYC and the main network transition process once again.
KYC and Mainnet transition process extended to 2025
The Pi Network team announced in the past weeks that users have extended the time determined until 28 February 2025 to complete the KYC validations and switch to the main network. This process was previously planned as January 31, 2024, but it was taken into consideration to give community members more time.
Developers, the extension of the process, users to secure Pi assets, said it offers an extra opportunity. However, this decision led to mixed reactions between users waiting for the network to become open.
Updates in the KYC process
Pi Network announced two important updates last week to reduce the problems during the KYC verification process. When there is a conflict between users’ Pi accounts and KYC names, verification can fail. People who live this situation will be able to re -send their applications in exchange for a certain penalty. However, only those who have been rejected and use a single objection will benefit from this opportunity because the name is not only numb.
In addition, the telephone number correction process was imposed to increase safety measures. Users will be able to change up to two steps in the phone numbers to correct the wrong inputs. This step aims to prevent account transfer and fraud attempts.
Pi network community continues to grow
The Pi Network team announced that the main network is planned to be active in the first quarter of 2025. However, the exact date remains uncertain. In this process, community activities gained momentum. The community meetings in India, Nigeria and China have increased the interest in the project.
Finally, an event was held in Shijiazhuang, China, in Shijiazhuang. According to Pi News, many products were sold using Pi Coin in this event. In countries such as South Korea, Vietnam, Singapore and Japan, Pi Network has great interest. According to Wu Blockchain’s report, the number of Pi Network users in South Korea exceeded 1.3 million, leaving the local customer base of large stock exchanges such as Binance and Coinbase.
