Pi Network’s KYC Delay: More Time for Pioneers to Secure Their Pi

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Well, well, well! Look who’s extending their grace period like a kindly old uncle. That’s right, folks, the Pi Core Team has decided to give their beloved Pioneers a little extra time to complete their KYC verification and Mainnet migration. 🕰️

Why, you ask? Well, it seems the Pi Network is all about fostering inclusivity and equity for their worldwide user base. They want to help as many Pioneers as possible complete their KYC verification and migration and not lose their Pi. 🌐️

Learn more about the Grace Period extension of KYC and Mainnet migration deadlines to February 28, 2025—why we’re extending, what Pioneers should do, and why the Period is important.

Remember: the extension is independent of Open Network timing.

— Pi Network (@PiCoreTeam) January 31, 2025

Now, don’t get too excited, Pioneers. This extension doesn’t affect the proposed launch of the Open Network, which is still set to go live in Q1 2025. 🚀

But wait, there’s more! If you fail to meet the new February 28 deadline, your Pi balance will be forfeited. The only Pi that won’t be converted is the Pi you earned during the six-month period before migration. 💸️

So, what should you do, you ask? Well, the Pi Network has made it easy for you. Just open up the “Mainnet Checklist” in the Pi mining app and follow the instructions there to complete your KYC and Mainnet migration steps. And don’t forget to claim your space in the Pi Network ecosystem and transfer your Pi balance to Mainnet. 📋️

In conclusion, the extension allows more people to finish the process and contribute towards the growth of the Pi ecosystem to achieve inclusivity. This safeguards the network and acts as a net against potential fraudulent behavior by preventing unverified Pi from being able to migrate to the Mainnet, thereby denaturing the network integrity and decentralization. 🔒️

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2025-02-01 10:44