Pi Network has introduced a significant update that allows a broader range of users to activate Mainnet wallets. Now, users who have partially completed the KYC process can use their wallets without the need for full migration.
Mainnet Wallet Access No Longer Tied to Migration
Previously, accessing the Pi Mainnet wallet required the full completion of the migration process, which included identity checks and technical verifications. This update decouples wallet activation from migration, allowing users who have passed any stage of KYC to immediately engage with the Pi ecosystem.
Third-Party Wallet Access Now Available for Non-Users
One of the most significant aspects of the update is the ability for new users to onboard via third-party platforms. Users who were never part of the mining phase can now get their own Mainnet wallets through verified services such as Banxa, thanks to streamlined KYC procedures.
Boosting Ecosystem Growth and Real-World Utility
This update is not just about wallets but about ecosystem expansion. With more users gaining access, developers and Pi-based app creators can expect increased traffic and more transactions, aiding in improving app functionality. Pi Network is also piloting KYC delegation to trusted third parties to expedite user onboarding.
Pi Network seeks to create a more inclusive future by opening Mainnet wallets to both Pioneers and new users, enhancing its potential for growth and utility in blockchain applications.
