{"id":14761,"date":"2024-10-18T09:12:31","date_gmt":"2024-10-18T09:12:31","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=14761"},"modified":"2024-10-18T09:12:31","modified_gmt":"2024-10-18T09:12:31","slug":"important-information-for-pi-network-users-as-grace-period-deadline-approaches-details","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=14761","title":{"rendered":"Important Information for Pi Network Users as Grace Period Deadline Approaches: Details"},"content":{"rendered":"

TL;DR<\/strong><\/p>\n

Pi Network users are urged to become KYC validators, assisting with verification as the project supposedly moves toward its mainnet launch.
\nDespite multiple recent updates, some remain skeptical about Pi Network\u2019s future due to delays and lack of clarity.<\/p>\n

<\/a><\/span><\/h2>\n

Here\u2019s How Users Can Receive Pi Tokens<\/h2>\n

Pi Network \u2013 a cryptocurrency project that aims to enable people to mine digital assets on their smartphones \u2013 has been around for over five years, but it remains quite controversial. For one, there is still no clarity on when the native token and open mainnet will go live.<\/span><\/p>\n

Previously, the team argued that the process includes necessary Know-Your-Customer (KYC) requirements and a final migration to the mainnet. In August this year, the developers behind Pi Network <\/span>claimed<\/span><\/a> that over 13 million people have\u00a0already passed KYC procedures. Initially, they urged users to complete verifications by September 30, <\/span>later<\/span> extending<\/span><\/a> the deadline to November 30 (known as the Grace Period).<\/span><\/p>\n

Most recently,<\/span> Pi Network\u2019s team <\/span>said<\/span><\/a> it needs additional KYC validators to handle the recent influx of requests and help reduce waiting times.<\/span> According to the announcement, those joining forces with the project as validators will receive Pi tokens for their \u201cgood and accurate work.\u201d<\/span><\/p>\n

\u201cOnce you <\/span>successfully<\/span> complete KYC, help KYC move forward towards the <\/span>Open Network<\/span> goals by becoming a responsible KYC Validator for your country and region and inviting your fellow Pioneer peers to complete KYC and migrate to Mainnet,\u201d the team <\/span>advised<\/span><\/a>.<\/span><\/p>\n

The project\u2019s ultimate goal is to transition to Open Network before the end of 2024. Meanwhile, the Pi Core Team previously <\/span>promised<\/span><\/a> to shed more light on the mainnet open roadmap (which should allow the buying and selling of Pi tokens) in December this year.\u00a0<\/span><\/p>\n

Guidance for Users in Need<\/span><\/h2>\n

According to another recent disclosure, many Pi Network users struggle with KYC procedures and migration to the mainnet. Pi News (the blockchain media platform on Pi Network) <\/span>urged<\/span><\/a> those experiencing similar issues to join a dedicated Telegram chat \u201cwhere there will be mods to answer your questions.\u201d<\/span><\/p>\n

The numerous delays over the past several months and the problems related to KYC verification have caused mixed feelings within the community. Some thanked Pi Network\u2019s team for the updates and the help, while others believe this is <\/span>yet another<\/span> proof that the project is a scam, expressing skepticism that the native token will see the light of day anytime soon.<\/span><\/p>\n

The post Important Information for Pi Network Users as Grace Period Deadline Approaches: Details<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

TL;DR Pi Network users are urged to become KYC validators, assisting with verification as the project supposedly moves toward its mainnet launch. Despite multiple recent updates, some remain skeptical about Pi Network\u2019s future due to delays and lack of clarity. Here\u2019s How Users Can Receive Pi Tokens Pi Network \u2013 a cryptocurrency project that aims […]<\/p>\n","protected":false},"author":0,"featured_media":14762,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-14761","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/14761"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=14761"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/14761\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/14762"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=14761"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=14761"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=14761"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}