Hello, Pioneers participating in Pi Network! Thank you for your daily tapping. The KYC (Know Your Customer) process that many of you are likely concerned about. We hear many voices saying, “I applied, but it’s taking a long time to get approved…” “I’m worried because it’s been under review or ‘Tentative KYC’ for a long time…” What is your KYC status now?
If you are one of those who are anxious about the progress of your KYC, you might be interested in the information that has recently become a hot topic in the community. Information about a feature called “Mainnet Wallet Activation,” which suggests the possibility that more Pioneers will be able to participate in the Mainnet ecosystem regardless of their KYC status, is being discussed in some circles.
(※[IMPORTANT] This article considers and explains information that is being discussed in the community (including specific YouTube videos, etc.) and trends from past official announcements. There is a possibility that the “Mainnet Wallet Activation” feature and other information mentioned in this article have not been officially announced by the Pi Network Core Team, or that the content is inaccurate. For the latest and most accurate information, please be sure to check the official announcements within the Pi Network app or on the official website yourself. Acting based on unofficial information carries risks.)
In this article, we will explain the rumored details of this new feature, who might be eligible, and the points we should be aware of, as clearly as possible within the scope of what is currently conceivable.
Pi Network KYC is not progressing, making you anxious… For you
In this section, while touching upon the worries and anxieties many Pioneers face regarding the Pi Network KYC process, we will introduce the latest developments being discussed in the community. This might be relevant to your situation.
As you know, Pi Network aims to be a decentralized network composed of real people. Therefore, the KYC process, which confirms that each person is a real individual, is highly valued. However, due to the complexity of the process and the enormous number of applications worldwide, it can take time for approval, or cases where it is temporarily held in a “Tentative KYC” status.
There may be some who are anxious because their KYC results are taking a long time, wondering, “Will my Pi really be usable on the Mainnet?” We understand that feeling well. The information regarding the “Mainnet Wallet Activation” feature, which is attracting attention in some parts of the community, could be said to be an expression of the Pioneers’ expectations.
Hot Topic in the Community! What is the rumored new feature “Mainnet Wallet Activation”?
Here, we will explain the purpose and specific content of the “Mainnet Wallet Activation,” which is being discussed in the community as a new feature, based on the rumored information within the scope of what is currently conceivable. (Please note that this is not an official announcement)
The core of the information regarding this feature seems to be to enable more Pioneers whose IDs have been verified to activate their Pi wallets on the actual Pi Mainnet blockchain. If this is realized, it will prepare for future integration with Pi apps and services, and activities within the ecosystem (such as transactions).
Who is Eligible? Interpreting from the Rumored Information
According to the information being discussed, if this feature were to be introduced, it is suggested that the eligible individuals might not be limited to just those who have fully passed KYC. Specifically, it is said that the following Pioneers might be included:
- Pioneers who have completed the full KYC process
- Pioneers with “Tentative KYC” status (a state where additional verification may be required)
- In some cases, some Pioneers whose KYC process is currently in progress (if they meet specific conditions)
In other words, there is a situation where some in the community are expressing the expectation that even those who have been stalled waiting for final KYC approval or in a tentative state might have the door to the Mainnet opened by this feature.
What Changes with Wallet Activation? Expected Impact
Specifically, what will become possible by activating the Mainnet wallet? If this feature is realized, it could mean that your Pi account is ready to connect to the Mainnet, which is the “real” economic zone of the Pi Network. There are voices that say this is expected to enable participation in the following activities in the future:
- Use of Mainnet-compatible apps (dApps) within the Pi Browser
- Sending and receiving Pi between Pioneers (with potential restrictions)
- Exchange for goods and services locally (regionally)
- Participation in events within the Pi ecosystem (e.g., domain auctions, etc.)
However, even if the wallet is activated, it does not necessarily mean that all functions will be immediately available without restrictions. It is highly likely that functions will be released in stages.
Why This Information? Considering the Background
If the Core Team is considering introducing such a feature, there are several possible objectives behind it.
- Accelerating Ecosystem Building: By enabling more users to participate in the Mainnet early, they may want to revitalize app development and service usage.
- Phased Progress of the Mainnet Migration Process: Instead of migrating all users at once, they may want to maintain network stability by proceeding in stages.
- Maintaining Pioneer Engagement: They may want to maintain the motivation of users who are waiting in the KYC process and encourage their involvement in the project.
The fact that such information is being discussed in the community can be said to reflect the high level of interest among Pioneers regarding these issues.
[IMPORTANT] The Overall Flow and Current Status of the KYC Process – Why is ‘Waiting’ Time Necessary?
While the rumors about wallet activation are noteworthy, why is KYC (Know Your Customer) so important and time-consuming in the first place? Let’s reconfirm the background to understand the health of the network that Pi Network aims for.
The success of Pi Network depends on its ability to build a reliable network composed of real individuals, not bots or fake accounts. The KYC process is the foundation that supports this.
What is KYC (Know Your Customer) for? Eliminating Fraudulent Accounts and Building a Trustworthy Network
The main purposes of KYC are as follows:
- Enforcement of the One Person, One Account Principle: Prevents one person from unfairly acquiring a large amount of Pi with multiple accounts.
- Prevention of Fraudulent Activities: Reduces the risk of being used for illegal activities such as money laundering.
- Regulatory Compliance: Complies with laws and regulations in various countries, enhancing the project’s sustainability.
- Ensuring Trustworthiness: The trustworthiness of the entire ecosystem is enhanced by ensuring that all network participants are verified individuals.
To achieve these objectives, strict checks of submitted documents and, in some cases, additional verification are required, which inevitably takes time.
Understanding the Difference Between ‘Full KYC’ and ‘Tentative KYC’
While proceeding with the KYC process, you may encounter the status ‘Tentative KYC’. This is generally interpreted as indicating a state where some basic verification items have been met, but additional checks by the Core Team or, in some cases, the submission of additional information by the Pioneer themselves may be required regarding the consistency of name and documents, clarity of documents, and other factors. (For the official clear definition, please refer to information from the Core Team)
Full KYC is a state where all verifications are complete and preparation for Mainnet migration is ready. Those with Tentative KYC may need to submit additional information, etc., according to instructions from the Core Team (if any). Carefully check the KYC section and checklist within the app.
The Path to Mainnet Migration – Reasons Why It’s Not Simple
Even after KYC is approved, not all Pi is immediately transferred to the Mainnet wallet. Generally, you need to complete each step in the “Mainnet Checklist” within the Pi app. This includes items such as the following (content may change):
- Download the Pi Browser app
- Create a Pi wallet
- Confirm your Pi wallet address
- Commit to lockup settings
- Submit and pass KYC application (this is the focus of this article)
- Wait for KYC results
- Agree to migration
- Wait for migration to Mainnet
Each step has its own verification process, and it is important to understand that the process of accurately and securely migrating the balances of a large number of Pioneers is very complex and time-consuming.
Points to Note and Easily Misunderstood Points Regarding the Rumored New Feature
Expectations are high for the information being discussed in the community, but there are also points to note that should be correctly understood. Here, we will organize common misunderstandings and points to be aware of at this time.
It is important to have expectations, but at the same time, let’s not forget to maintain a calm perspective and verify official information.
Point to Note 1: Wallet Activation ≠ KYC Completion or Immediate Migration Completion
This is the most important point to note. Even if the “Mainnet Wallet Activation” feature being discussed in the community becomes available, it does not automatically mean the following:
- The KYC process is not fully completed: Especially if the target is those with Tentative KYC or those in the process, you still need to aim for full approval.
- Not all Pi balance will be immediately migrated to the Mainnet: It is highly likely that wallet activation and actual balance migration are separate steps. Migration depends on the progress of the checklist and the Core Team’s schedule.
- Pi will not immediately become freely usable: What can be done with an activated wallet depends on future announcements from the Core Team and the development of the ecosystem.
Even if this feature appears, it is appropriate to view it merely as potentially advancing one step in the preparation phase for Mainnet participation.
Point to Note 2: What is “Banska”? – Absolutely Verify Official Information!
In one of the sources of information for this article (a YouTube video), there was mention of the possibility of activating the wallet through an app or feature called “Banska”. Some of you may have wondered, “What is that?”
However, as of May 2025, there is no confirmation that the name “Banska” is an official feature or recommended app of Pi Network. In Pi Network, using unofficial tools or apps can endanger account security and, in the worst case, may violate Pi Network policies leading to account suspension. Absolutely do not take information from sources other than official ones at face value.
If you see information about “Banska” or similar unverified tools, absolutely do not use them casually, ignore them, or be sure to verify yourself through official Pi Network announcements (in-app, official blog, official social media, etc.) whether such a feature is officially provided or recommended.
Point to Note 3: Completion of the KYC Process Remains Important
Even if early wallet activation becomes possible, completing the full KYC process in the end remains important to fully enjoy all the functions and benefits of the Pi Network ecosystem in the future.
Those who have not yet submitted their KYC application, or who need additional information, should continue to follow the instructions within the app to proceed with the process.
Summary: With Expectation and Calmness, Let’s Watch for Official Pi Network Information
The information about “Mainnet Wallet Activation” discussed in the community, which we have considered this time, regardless of its veracity, can be said to reflect the Pioneers’ expectations for the development of Pi Network. Especially for those waiting in the KYC process, it may be information that gives hope for participation in the ecosystem.
However, the most important thing is to not be swayed by information, calmly grasp the situation, and act steadily based on official announcements.
Future Action Plan: What Should You Do?
What we Pioneers can do is as follows:
- Regularly check the “Mainnet Checklist” within the Pi app: Your status and the next action you should take may be displayed.
- Carefully follow official announcements: Be sure not to miss announcements from reliable sources such as the Pi Network app home screen, official blog, and official social media.
- If the KYC process is incomplete, proceed with the necessary steps: Check if KYC application is possible from the app and complete the required procedures.
- Be cautious of unofficial information and rumors: Especially be wary of claims like “you can get Pi easily,” “you can cash out immediately,” or “you can gain an advantage with unverified tools,” and make it a habit to verify the truth of information with official sources.
The Importance of Discerning Accurate Information
Information surrounding Pi Network is a mix of valuable and worthless. In particular, there is a lot of unofficial information and speculation that stirs up expectations. Precisely because you believe in the long-term success of the project, always acting based on official primary information from the Core Team is the most important thing to protect your own account and assets.
While paying attention to community trends, always make final decisions based on official information, and continue to calmly and steadily watch the project’s progress.
We hope this article helps you organize information about Pi Network and understand the points to note.