Pi Network Developers Announce KYC Mass And Integration Open Mainnet In Pi Day Yesterday

Pi Network generalizes the mass KYC program and open mainnet. (Photo; Doc. Pinetworkblog)

Pi Network, a new crypto network that presents alternative coin mining through mobile phone applications, has gained great popularity in recent months around the world. On March 15, developer Pi celebrated Pi Day and announced its important plans.

Currently in the process of transitioning from a closed network (Enclosed mainnet) to an open network (Open mainnet). This transition process requires contributions from all participants, including the core team (Core Team), and Pioneers.

This information was conveyed by the founder of Pi Network, Dr Nicolas Kokalis in the official Pi Network blog post. Through the TouTube video listed on the Pi Network blog page, Kokolis greets the Pi Network community, Hi Pioneer, happy celebrating Pi Day 2023. As you know, we celebrate Pi Day every March 14th.

"Now we need to focus on what the entire Pi community can do together to advance the main net-closed goal and bring us closer to open mainnet," said Kokolis.

To prepare the network for the open mainnet period, it is necessary to achieve two concrete offline mainnet destinations: KYC and migrate to Mainnet, as well as the creation of utilities and ecosystem development. Pioneers can contribute to achieving the KYC goals and migrating to Mainnet by passing through KYC and migrating to Mainnet, becoming KYC validators, and inviting other Pioneers to complete the KYC process and their own migration.

For information, KYC (Know Your Customer) is the process of verifying user identities on crypto platforms. The goal is to prevent illegal activities such as money laundering and terrorism financing. In KYC, users are usually asked to provide personal information such as cell phone numbers, emails, social media accounts and so on.

Only two goals, the first goal is the verification of the mass KYC identities of tens of millions of Pioneers followed by the migration of their cellular mining balances to blockchain pies so that people can perform KYC and move their Pi Coin to the blockchain, and the second goal is the creation of real utility for cryptocurrency Pi Coin through the Pi ecosystem so that people can use their Pi Coin for the purchase of goods and services, "concluded the founder of Pi Network.

By bringing the invitation What Pioneers can Do, Kokali hopes that Pioneers can contribute to achieving the goal of making utilities by developing the Pi application or collaborating with developers to build the Pi application, becoming the Ambassador of Ecosystems, or becoming a Local Business Ambassador. The Pi application is a mobile web application that integrates Pi SDK, and can be built without programming languages specifically for blockchain.

Ambassador Ecosystem is expected to proactively identify, reach and engage with developers in their own network to build the Pi app and receive the Pi Coin prize. Meanwhile, the Local Business Ambassador can help small shops and businesses in their area accept Pi as a form of payment for real goods and services, which will make a major contribution to the development of utilities for Pi Network.