Pi Network users, known as 'Pioneers', are facing difficulties transferring their mined Pi Coins to the network's mainnet. The approaching deadline of March 14, 2025, is causing concern among users.
Migration Process Challenges
Despite the Pi Network team's multiple extensions to assist users, many are still encountering problems during the migration phase. Those who do not complete their KYC verification by 8:00 AM UTC on the specified day risk losing most of their Pi holdings, except for coins mined in the last six months. Many users find the migration process complex and confusing.
Technical Issues and User Complaints
Some users, like Jaro Giesbrecht, have expressed their frustration online, noting issues with balance verification and lack of support team assistance. A common issue involves Step 9 of the Mainnet checklist, which prevents some users from completing their migration. Users are calling for an extension until all technical issues are resolved.
Future of the Coin Amidst Uncertainty
Pi Coin's price has dropped significantly, raising concerns about its future. Some analysts hope for a rebound on March 14, known as Pi Day, but the current decline raises questions about its sustainability. Supporters are pushing for its listing on Binance, and despite 86% of voting participants supporting the listing, the exchange has yet to make an official announcement, further frustrating users.
As the deadline approaches, tensions are rising among users. If Pi Network does not address these issues, it risks losing credibility, and the future of Pi Coin remains uncertain.
