The Pi Core Team has announced an extension of the Grace Period for KYC verification and Mainnet migration, allowing users more time to complete key steps.
Extension of KYC and Mainnet Timelines
The deadlines for KYC and Mainnet migration have been moved to February 28, 2025, extending the initially planned expiration from January 31. This change provides additional time for Pi Network users.
Impact on Pi Network Users
Users are encouraged to complete their KYC and migration to avoid losing their Pi. The Pi Network app includes a 'Mainnet Checklist' with instructions for completing these steps.
Objectives and Importance of Extension
The extension aims to increase engagement in the Pi ecosystem and prevent potential fraudulent activities by verifying users.
The extension of the KYC and migration deadlines reflects Pi Network's commitment to ensuring equal opportunities for all its users and protecting the integrity of its network.
