Pi Network Set for Open Network Launch, KYC Hurdles Remain

Cryptocurrency News

Pi Network Set for Open Network Launch, KYC Hurdles Remain
Pi NetworkOpen NetworkKYC
  • 📰 Crypto_Potato
  • ⏱ Reading Time:
  • 54 sec. here
  • 7 min. at publisher
  • 📊 Quality Score:
  • News: 42%
  • Publisher: 51%

Pi Network is nearing the launch of its Open Network, requiring 15 million KYC-verified users. While over 9 million have migrated, some users face verification challenges. Despite controversy, Pi Network's popularity, especially in Asia, continues to surge. The project aims to enable smartphone-based mining with minimal energy consumption. However, the lack of clarity surrounding the exact launch date for the native token and mainnet has frustrated some community members.

Pi Network developers have set the Open Network launch condition at 15 million KYC -verified users, with over 9 million already migrated, but some users continue to face verification challenges.

The project’s popularity remains strong, especially in Asia, with millions of users and a large social media following that surpasses established crypto entities like Ripple.popular cryptocurrency projects. It claims to allow people to mine digital assets directly from their smartphones with minimal energy consumption., Pi Network has yet to introduce its native token and open mainnet.

Many community members have been frustrated by the lack of clarity surrounding the exact launch of those developments. However, Pi Network’s team has continuously assuredtarget was the launch of the Open Network. They said it will go live if 15 million users pass necessary Know-Your-Customer verifications and migrate to the mainnet before the end of this month.

Disclaimer: Information found on CryptoPotato is those of writers quoted. It does not represent the opinions of CryptoPotato on whether to buy, sell, or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Crypto_Potato /  🏆 568. in US

Pi Network Open Network KYC Cryptocurrency Asia

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Essential Tips for Pi Network Users Facing KYC Verification ChallengesEssential Tips for Pi Network Users Facing KYC Verification ChallengesCrypto Blog
Read more »

Pi Network Makes Progress With Migrations but Faces KYC ChallengesPi Network Makes Progress With Migrations but Faces KYC ChallengesPi Network celebrates over 9 million successful migrations and 14 million KYC verifications. However, users report issues with rejected applications. The team advises users to update details, appeal, or seek help via Telegram. Clear video submissions and completing Mainnet Checklist steps are recommended for a smooth transition to the ecosystem. Despite advancements, the native token remains untradable and the fully operational blockchain launch is awaited.
Read more »

How to Set Up a Guest Wi-Fi NetworkHow to Set Up a Guest Wi-Fi NetworkLearn how to create a separate Wi-Fi network for guests to protect your main network and personal devices.
Read more »

Israel reportedly plans to set up 'control zone', intel network in SyriaIsrael reportedly plans to set up 'control zone', intel network in SyriaIsraeli plan over Syria includes establishing a 60-km-wide zone under Israeli intelligence monitoring to 'thwart potential threats.'
Read more »

Kohl’s has Food Network dinner set under $50: Ultimate Clearance saleKohl’s has Food Network dinner set under $50: Ultimate Clearance saleKohl's is having its Ultimate Clearance Event where shoppers will find incredible deals, home goods, shoes, clothing and more. One of the best-selling products being sold is a Food Network dinner set for $49.99.
Read more »

Japanese TV network to open independent probe into alleged sexual misconduct by hostJapanese TV network to open independent probe into alleged sexual misconduct by hostJapan's Fuji Television said it will open an investigation into a high-profile sex scandal linked to one of the country's top celebrities
Read more »



Render Time: 2025-02-14 18:16:23