As a seasoned researcher with a keen interest in the dynamic world of cryptocurrencies and blockchain technologies, I’ve been following Pi Network closely for quite some time now. The recent developments have definitely caught my attention, and I must admit, it seems like things are heating up!
TL;DR
- Pi Network set a deadline of September 30, 2024, for users to complete KYC verification and for miners to deposit their NFTs on PiBridge.
- The Pi Core Team plans to reveal the mainnet open roadmap in December 2024, aiming to enable official token transactions.
Closing Time in Less Than Two Weeks
The Pi Network is a cryptocurrency initiative that enables users to mine and accumulate digital assets directly on their smartphones. Recently, it commemorated reaching the milestone of 2,000 days following its formal debut in March 2019.
Nonetheless, some members of the crypto community remain suspicious about the project’s success since there is no clear indication of when users can expect the introduction of an open mainnet and a native token.
According to Pi Network’s team, approximately 13 million individuals have already completed Know-Your-Customer (KYC) processes, while around six million have transitioned to the mainnet. The developers have also established September 30, 2024, as the deadline for all users to finalize their verifications.
Ensure you don’t overlook the deadlines for submitting KYC or migrating your Pi. It would be wise to consult with your Security Circle and Referral Team to take necessary actions before the Grace Period expires.” – The working group recommends this course of action.
Recently, PiBridge (a financial platform linking the Pi Network with other blockchain networks) unveiled an NFT Pool within its application. The team urged miners to swiftly transfer their unique tokens for staking on the app before September 30, 2024.
“The PiBridge team is about to shut down the Miner NFT deposit portal, marking the start of the next development stage. Make sure you don’t miss out on this opportunity to deposit your Miner NFT and stake it within the app.
Major Development Expected This Year
Towards the end of August, PiBridge organized a talk show focusing on several key topics, one of which was the upcoming launch of their mainnet. Following this event, the Pi Core Team revealed that they plan to unveil the roadmap for the mainnet opening, which facilitates the official trading of Pi tokens, in December 2024.
Mainnet Opening Update
The Pi Core Team has disclosed plans to unveil their Mainnet open roadmap in December, which includes details for officially facilitating buying and selling transactions of Pi.
SHARE OR RETWEET THIS! #PiNetwork
— Pi Network News (@PiNetworkLap) September 5, 2024
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2024-09-17 21:26