There has been a recent buzz on social media platforms regarding an exciting development within the Pi Network community. A rumor is circulating that the Pi Core Team, responsible for the development and management of Pi Network, is set to deploy an improvement aimed at expanding the number of pioneers eligible to undergo KYC (Know Your Customer) verification. According to the speculation, this update is expected to significantly increase the percentage of pioneers who can initiate KYC procedures and further solidify Pi Network’s commitment to creating a trusted and compliant environment.
If the rumors hold true, this forthcoming improvement will reportedly enhance the network’s capacity by enabling an additional 18% of pioneers to commence the KYC process. This means that a larger portion of the Pi Network community will have the opportunity to unlock the full potential of their unverified mined Pi and make it transferable to the mainnet.
On increasing the number of people eligible for KYC: we are deploying an improvement this week that will increase the percentage of Pioneers who can start KYC by an additional 18% of the network. An additional 13% of the network will automatically become eligible to apply for KYC pic.twitter.com/DFWcYpWbS3
— PiNetwork Upto Date (@PiNetwork24X7) May 29, 2023
Furthermore, the social media chatter suggests that an additional 13% of the network will automatically become eligible to apply for KYC, further expanding the pool of pioneers who can actively participate in this crucial step. This development showcases Pi Core Team’s dedication to facilitating greater inclusivity and ensuring that more pioneers have access to the benefits and opportunities within the Pi Network ecosystem.
While these reports are yet to be officially confirmed by the Pi Core Team, they have generated considerable excitement and anticipation among Pi Network users. Many pioneers eagerly await the deployment of this anticipated improvement, as it has the potential to increase the overall transferability of unverified mined Pi and accelerate the growth of the Pi Network community.
As always, it is essential for pioneers and Pi Network enthusiasts to remain informed through official channels such as the Pi Network website, official social media accounts, and community forums. These sources will provide accurate and up-to-date information regarding any developments or updates related to KYC eligibility and the transferability of Pi.
Pi Network continues to evolve and take significant steps towards its goal of creating a decentralized and inclusive digital currency. With the potential expansion of KYC eligibility, more pioneers will have the opportunity to unlock the true value of their unverified mined Pi and contribute to the continued success and growth of the Pi Network ecosystem.