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KYC Verification Deadline Approaching!

A significant milestone for Pi Network is approaching. We are delivering an important announcement to all Pioneers ahead of the Open Mainnet launch scheduled for the end of December 2024.

Important Announcement: Countdown Begins

A very important deadline is approaching for all Pi Network users. There is approximately one month remaining to secure your Pi assets. The top priority is to remember to perform your daily mining activity. It is important to continue this simple task of opening the app and tapping the “⚡” icon.

About the KYC Verification Deadline

Pi Network requires all users to complete KYC (Know Your Customer) verification to ensure the safety and transparency of the ecosystem.The verification deadline is November 30, 2024, so please be careful not to miss this first deadline.

Find the KYC procedure here
https://pinetwork.masters-all.com/pinetwork-kyc%ef%bc%88%e6%9c%ac%e4%ba%ba%e7%a2%ba%e8%aa%8d%ef%bc%89%e3%81%ae%e6%96%b9%e6%b3%95%e3%81%ab%e3%81%a4%e3%81%84%e3%81%a6/

Importance of KYC Verification

KYC verification is not just a procedure. It offers the following important benefits:

  • Securing ownership of mined Pi
  • Gaining full eligibility to participate in the ecosystem
  • Opportunity to participate in future platform development
  • Contribution to building a safe and reliable community

KYC Verification Steps

The verification process can be done by following these steps:

  1. Install the latest version of the Pi Network app
  2. Select the KYC option within the app
  3. Upload the required identity verification documents
  4. Confirm the accuracy of the information and complete the application

Risks of Not Being Verified and Future Opportunities

If you do not complete KYC verification by November 30, the following risks may occur:

  • Potential loss of rights to your held Pi
  • Potential inability to receive benefits within the ecosystem
  • Loss of opportunity to participate in future development

However, even if you miss this deadline, there may be additional KYC verification opportunities provided in the future. However, completing verification early increases the likelihood of gaining more benefits.

Role and Importance of the Community

The success of Pi Network depends on the cooperation of the community. If you know any Pioneers who have not yet completed KYC verification, we recommend sharing this important information and offering support. Building a transparent and reliable community leads to an increase in the platform’s value.

Future Outlook

Pi Network is steadily preparing for the Open Mainnet launch at the end of December 2024. The following three actions are important for this significant progress:

  • Completion of KYC verification by November 30
  • Continuation of daily mining activity
  • Sharing information with community members

Time is limited. By ensuring these steps are completed, you can securely protect your assets along with the development of Pi Network. If you have not yet completed KYC verification, we recommend taking action as soon as possible. This is an important step to participate in the future of Pi Network.

Pi Network Pi Fest 2024 Concludes | Looking Towards Mainnet Deployment

It has been officially announced that Pi Network’s Pi Fest 2024 will end on November 5, 2024. This article provides detailed information on the event’s conclusion and the actions Pioneers should take immediately.

Important Announcement: Continuation of Daily Mining

First and foremost, as an important note to all Pioneers, please remember to click the lightning bolt icon daily (mining operation). This is a crucial activity that forms the basis of continuous network participation.

Detailed Information Regarding the End of Pi Fest 2024

According to the latest update from the development team, Pi Fest 2024 will end on November 5. This is the end time in US time, so time zone differences need to be considered.

Detailed Guide on How to Participate

1. How to Find Stores Where Pi Can Be Used

Using the Map feature within the Pi Browser, you can find nearby stores where transactions are possible by following these steps:

  • Search for nearby participating stores on Map of Pi (https://mapofpi.com/)
  • Check for transaction-enabled stores near your current location
  • Check store details and transaction terms

2. How to Conduct and Record Transactions

When conducting transactions, please note the following points:

  • Confirm transaction terms with the store before the transaction
  • Take photos during the transaction
  • Share your experience on Fire Forum (with photos)

Global Transaction Examples

Pi transactions are actively taking place around the world. Particularly in the Philippines, many examples of transactions at physical stores have been reported. These success stories are important indicators demonstrating the global utility of the Pi Network.

Tools for Safe Transactions

To ensure safe transactions, the following tools are provided:

  • Escrow-based P2P transaction system
  • Verification of certified transaction locations using the Map feature
  • Community-based rating system

Future Outlook: Towards the 2024 Mainnet Launch

The success of Pi Fest 2024 is an important step towards the full Mainnet deployment scheduled for the end of 2024. The development team is analyzing transaction data from this period and preparing for the Mainnet deployment.

Expectations for Pioneers

Community members are expected to engage in the following activities:

  • Continuation of daily mining
  • Active participation in local transactions
  • Contribution to the community by sharing transaction experiences
  • Support for the development of new use cases

Summary

The end of Pi Fest 2024 marks an important milestone in the development of the Pi Network. While time is limited, it is recommended to take advantage of this opportunity to participate in transactions and contribute to the project’s growth.