Pi Network announced the capability for partial KYC users to activate Mainnet wallets, which is expected to enhance engagement and transaction volume on the platform.
Opening Mainnet to Partial KYC Users
As of May 2, 2025, users of Pi Network with partial KYC verification are allowed to activate their Mainnet wallets. This update significantly broadens the network's accessibility, enabling a larger number of users, including those tentatively verified, to participate in the ecosystem.
Expanded Access and Economic Impact of Pi Network
The update allows instant Mainnet activation for more users, potentially increasing Pi Network's economy size. Expanding access enhances user experience and encourages broader market participation. Pi Network also integrated with third-party services like Banxa, further amplifying its reach by allowing users to interact with the ecosystem via external platforms.
Evolution of Pi Network from Testnet to Mainnet
Since its Beta Phase launch in 2019, Pi Network has evolved from a testnet to a fully open Mainnet. Analysts suggest that the increased wallet access could drive trading activity, supported by Pi Network's planned liquidity pool, which aligns with past efforts to maintain a robust and thriving ecosystem. "Pi Network aims to be the world's most inclusive peer-to-peer ecosystem and online experience," the Pi Network Team highlighted in their announcement.
This initiative by Pi Network to grant access to Mainnet for partial KYC users may significantly enhance engagement and trading volumes, which is critical for the development of the entire ecosystem.
