Hello Pi Network community. This time, we will provide a detailed update on the latest progress of Pi Network and its future prospects. Of particular note are the transition of the ecosystem to “Mainnet” status and the wallet migration status.

Ecosystem Evolution: Transition to Mainnet

Significant changes are happening in the Pi Network ecosystem. Many applications that were previously in testnet status are finally showing signs of transitioning to “Mainnet” status. This change is an important indicator of Pi Network’s increasing maturity.

Specifically, it has been confirmed that approximately 12 ecosystem applications have transitioned to Mainnet status. However, this number is provisional and may increase further in the future.

Status of Major Applications

It is worth noting that some major applications are still in testnet status. For example:

• Pi Explorer
• Pi Browser
• Pi Network

These applications provide core functionalities of Pi Network. It is likely that caution is being exercised in their transition to Mainnet.

Acceleration of Wallet Migration

Wallet migration to Mainnet is also steadily progressing. Currently, approximately 7.76 million wallets have been migrated to Mainnet. Particularly noteworthy is the increase in migration speed since the beginning of December.

• December 17: Approximately 20,000 wallets migrated
• December 16: Approximately 51,000 wallets migrated

If this momentum continues, approximately 1 million new wallets could be migrated by the end of December. This can be considered a significant step towards the practical implementation of Pi Network.

Importance of the KYC (Know Your Customer) Process

Closely related to wallet migration is the KYC (Know Your Customer) process. KYC is an important step to ensure the security and reliability of Pi Network.

KYC Status and Action

KYC status is categorized as follows:

• Green: Approved
• Orange: Temporary unapproved status (may require additional verification)
• Red: Unapproved (requires additional action)

If your status becomes orange, it is important to wait patiently. If additional verification is required, you will receive a notification, so please follow the instructions.

The Future of Pi Network and Long-Term Strategy

Many people are interested in the future value of Pi Network. What is important here is to have a long-term perspective rather than focusing on short-term gains.

Importance of Long-Term Strategy

Pi Network aims for sustainable growth rather than immediate value realization. This approach is important for the following reasons:

• Healthy development of the ecosystem
• Expansion and stability of the user base
• Technological maturity and improved reliability

Importance of Holding Tokens

Selling Pi tokens at this time carries the following risks:

• The current trading price may be significantly below the potential value
• Risk of fraud in P2P transactions
• Loss of future growth opportunities

Instead of selling Pi for short-term gains, consider holding it long-term in line with the project’s growth.

Security and Vigilance Against Fraud

As Pi Network grows, security risks are also increasing. Particular caution is needed regarding phishing scams and malicious applications.

Tips for Safe Use

• Avoid links and downloads from sources other than official applications
• Do not share passwords or personal information with others
• Do not respond to suspicious transactions or proposals
• Regularly check security settings

It is important to respond cautiously to anything other than official notifications from the Pi Network team.

Summary: Towards the Future of Pi Network

Pi Network is steadily evolving. Many important developments are being seen, such as the ecosystem’s transition to Mainnet, the acceleration of wallet migration, and the importance of the KYC process.

As users, what we can do is focus on the following points:

• Have a long-term perspective and support the project’s growth
• Pay close attention to security and strive for safe use
• As a member of the community, actively share information and support each other

The future of Pi Network depends on the actions of each one of us. Let’s grow together and aim for the realization of an innovative decentralized economy.