Pi2Day 2025 marks an important event for Pi Network, introducing a new KYC feature aimed at facilitating user migration to the mainnet.
Launch of KYC Feature
At Pi2Day 2025, a new KYC feature was announced to streamline the migration process for users to Pi Network's mainnet. The core team behind these changes includes Dr. Nicolas Kokkalis and Dr. Chengdiao Fan. This feature aims to address the 'pending' or 'tentative' KYC status of millions of users, marking a significant effort to enhance migration.
Community Reaction and Market
Following the announcement of the KYC feature, Pi Coin's price surged by 15%. However, the asset remains unlisted on major exchanges, limiting liquidity and broader market impact. This development has prompted mixed opinions among the 47 million registered users in the Pi Network community, with some expressing optimism while others maintain skepticism due to past delays.
Prospects and Future of Pi Network
The importance of integrating artificial intelligence within the ecosystem was also highlighted. Community members and market observers await the promised AI applications that could enhance operational efficiencies. Despite community skepticism due to previous delays, trusted leadership and technological advances could transform Pi Network, emphasizing the significance of KYC, tech synergy, and mainnet migration in achieving broader adoption.
The introduction of the KYC feature and the significant developments presented at Pi2Day 2025 lay the foundation for future user migration and the potential growth of the project. Nevertheless, the community continues to closely monitor the unfolding situation.