• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Pi Network Alerts Users of KYC Deadline on January 31

user avatar

by Giorgi Kostiuk

a year ago

The Pi Network team reminded users to complete the Know Your Customer (KYC) process and transition to the Mainnet by January 31, 2025.

Transition to Mainnet and KYC Process

On January 5, 2025, the Pi Network team stated that users need to complete the KYC process and migrate to the Mainnet by January 31, 2025, or risk losing access to most of their mined Pi coins. The KYC process verifies users' identities and ensures compliance with anti-fraud measures.

User Verification Challenges

Only 13 million of the over 100 million users have been KYC verified so far. This means nearly 50% of users are yet to complete the process. In recent months, approximately 1.2 million previously blocked users have been unblocked to continue their verification.

User Participation as KYC Validators

To facilitate the verification process, Pi Network has invited existing verified users to become KYC validators. Users can help expedite the transition to the Mainnet and ensure the security of their Pi coins.

The Pi Network team emphasizes the urgency for users to act promptly to complete their transition to the Mainnet and secure their coins.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Investing in ETFs: A Safer Approach During Market Uncertainty

chest

In light of the current market uncertainty, Analyst Stas emphasizes the importance of investing in ETFs, such as total market and index funds, as a safer way to gain exposure.

user avatarBayarjavkhlan Ganbaatar

Regulatory Challenges Continue for World Foundation

chest

World Foundation faces ongoing regulatory issues across multiple countries, impacting its operations and reputation.

user avatarLeo van der Veen

Nvidia Stock Remains Strong Despite Market Conditions

chest

Nvidia's stock has recently broken down from a key level and is currently at multi-month lows, but strong fundamentals and growth potential in AI make it a buy during the dip.

user avatarAisha Farooq

Micron Stock Sees Substantial Decline, Presents Long-Term Value

chest

Micron's stock has seen a significant decline, but it is viewed positively by Analyst Stas due to its low valuation compared to earning potential, making it attractive for long-term investors.

user avatarLi Weicheng

Coherent Stock: A Patient Investor's Opportunity

chest

Coherent, a company in the semiconductor and laser technology space, is being monitored by Analyst Stas for a potential investment as he waits for the stock price to drop further.

user avatarTenzin Dorje

Meta Stock Declines Amid Market Selloff, Presents Buying Opportunity

chest

Meta's stock has taken a heavy hit in recent months, continuing to fall during the broader market selloff. Despite this, the company is implementing cost-cutting measures and reducing its workforce, which is helping to stabilize the business. Analyst Stas highlights that Meta has a history of bouncing back strongly after major drops, viewing the current price levels as a potential buying opportunity for long-term investors.

user avatarMohamed Farouk

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.