YEREVAN (CoinChapter.com) — Pi Network is working toward achieving its open network phase, with a requirement for 15 million users to complete KYC verification and migrate to the mainnet by Jan. 31, 2025. So far, over 9 million users have successfully migrated. However, many users report issues in completing the necessary steps.
Pi Network KYC Progress Update. Source: PiCoreTeamTo support the process, Pi Network has issued detailed instructions. The team has emphasized the need for users to complete liveness checks, sign the token acknowledgment, and address any pending actions in the Mainnet Checklist.
Addressing KYC Challenges
Pi Network developers have pointed out that delays in KYC results and migration often stem from incomplete actions by users. Some individuals may need to complete additional liveness checks. These checks require clear video submissions with proper lighting to confirm identity. The team has encouraged users to follow prompts in the app and ensure they meet all requirements.
Pi Network KYC Actions Reminder. Source: PiCoreTeamProtecting Users from Scams
The rapid growth of Pi Network, marked by over 100 million downloads, has attracted scams targeting its community. To address these threats, the team has issued critical warnings to help users protect their accounts.
Users are strongly advised to trust information shared only through Pi Network’s official channels. The project has created a safety page to list verified sources and URLs for reference.
Access to the Pi Wallet should be made exclusively through the Pi Browser. The official wallet is easily identified by the purple navigation bar and the Core Team logo. Any deviations from these indicators may suggest fraudulent activity.
Progress Toward the Open Network
Pi Network, launched more than five years ago, is nearing a significant milestone with its mainnet migration. The completion of KYC verification for all required users is crucial for moving forward. The team’s guidance aims to assist users in resolving their challenges while highlighting the importance of safeguarding their accounts against potential scams.
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