{"id":30854,"date":"2024-12-24T12:09:25","date_gmt":"2024-12-24T12:09:25","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=30854"},"modified":"2024-12-24T12:09:25","modified_gmt":"2024-12-24T12:09:25","slug":"major-pi-network-pi-update-concerning-all-users-details","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=30854","title":{"rendered":"Major Pi Network (PI) Update Concerning All Users: Details"},"content":{"rendered":"

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

Pi Network extended its migration deadline to January 31, 2025, sparking frustration over repeated delays.
\nDespite promises of a December roadmap update on the open mainnet, Pi Network developers remain silent, leaving the community skeptical about further progress.<\/p>\n

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

Another Delay Instead of More Clarity<\/h2>\n

Pi Network \u2013 the controversial cryptocurrency project that claims to enable people to mine digital assets directly from their smartphones \u2013 saw the light of day more than five years ago. Since then, it has undergone numerous developments, but its mainnet and native token have yet to go live. <\/span><\/p>\n

This<\/span> has caused frustration across the multi-million Pi Network community, with many members insisting on information regarding those milestones. Earlier this year, the project\u2019s team said the first big target is the launch of the Open Network, which <\/span>should be introduced<\/span> once users pass necessary Know-Your-Customer (KYC) verifications and migrate to the mainnet (known as the Grace Period).<\/span><\/p>\n

Initially, people had until late September to do so, but later, <\/span>the period was extended<\/span> to November 30. It <\/span>was then <\/span>moved<\/span><\/a> to New Year\u2019s Eve, with the team claiming this <\/span>will<\/span> provide users with \u201cthe ample opportunity to secure their Pi.\u201d<\/span><\/p>\n

Most recently, the developers behind the project <\/span>announced<\/span><\/a> another extension. \u201cWe\u2019re extending both KYC and Mainnet Migration Grace Period deadlines to January 31, 2025, to help include more Pioneers and their Pi as we prepare for Open Network in Q1 2025,\u201d the post on X reads.\u00a0<\/span><\/p>\n

Somewhat <\/span>expectedly<\/span>, many community members were rather annoyed by the latest delay. Some noted that the project has been extending the deadline almost every month, jokingly advising the team to run the Grace Period for a few more years.\u00a0<\/span><\/p>\n

\u201cExtend it until 2028 instead of month by month. Nobody believes this will <\/span>actually<\/span> launch anytime soon. Maybe when the bull run is over,\u201d one X user <\/span>stated<\/span><\/a>.<\/span><\/p>\n

Earlier in December, Pi Network <\/span>maintained<\/span><\/a> that 18 million people <\/span>have<\/span> completed Know-Your-Customer (KYC) verifications, while 8 million <\/span>have already<\/span> migrated to the mainnet.<\/span> The developers also said they could launch the Open Network as early as Q1 2025.<\/span><\/p>\n

The post Major Pi Network (PI) Update Concerning All Users: Details<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

TL;DR Pi Network extended its migration deadline to January 31, 2025, sparking frustration over repeated delays. Despite promises of a December roadmap update on the open mainnet, Pi Network developers remain silent, leaving the community skeptical about further progress. Another Delay Instead of More Clarity Pi Network \u2013 the controversial cryptocurrency project that claims to […]<\/p>\n","protected":false},"author":0,"featured_media":30855,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-30854","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\/30854"}],"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=30854"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/30854\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/30855"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=30854"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=30854"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=30854"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}