Latest information regarding the cryptocurrency project “Pi Network” has been announced. This article provides a detailed explanation of the importance of the KYC (Know Your Customer) process, Pi price predictions, transaction fees, and future prospects.

Importance and Deadline of the KYC Process

In Pi Network, completing KYC (Know Your Customer) is essential. January 31, 2025, is set as the final deadline, and exceeding this deadline may affect network migration and reward reception.

In particular, if referrers or team members have not completed KYC, there is a risk of losing your own rewards, so caution is advised. It is recommended to check the progress within the app and complete the necessary procedures promptly.

Pi Value and Price Prediction

Within the community, there is active discussion that the initial price of Pi will be $314,159. This price setting reflects the project’s philosophy of aiming for “stable value,” and the supply is fixed at 100 billion Pi.

Furthermore, Pi is designed as a stable currency, and a collateral-based mechanism has been introduced to support its price stability. This mechanism provides predictability to users while suppressing market volatility.

Transaction Fees and Competitiveness

In Pi Network, transaction fees are set very low at $0.005. This low-cost structure has an advantage compared to other cryptocurrencies like Bitcoin and promotes global transactions and application usage.

Furthermore, a mechanism to dynamically adjust fees based on network load is also adopted, ensuring economic sustainability.

Project Progress and Future Prospects

Pi Network is scheduled for official mainnet migration during the first quarter of 2025. This includes the period from January to March 2025. The project team strongly recommends completing KYC as a preparatory step for this migration.

Furthermore, after the migration, there is potential for Pi Network to achieve further growth on a global scale, and attention is also focused on its potential value.

Summary

Pi Network is attracting attention with its unique design and user-centric approach. Complete the KYC process early and prepare to participate in this innovative project. In particular, its utility value is expected to increase in the Japanese market as well.

Continue to check for the latest information and make the most of this opportunity.