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Pi Network: Mass KYC slots to be soon sent as Core Team seeks alternative KYC solution

In a bid to address issues of immediate concern bothering on “Know Your Customer” (KYC) validation, the Pi Network Core Team have taken a broader approach as they opt for other KYC solutions.

According to rumors going round the social media platforms, Pi Network Core Team are looking forward to adopting other KYC solutions that will enable millions of pioneers being KYCeed.

The Core Team in an earlier tweet on it’s verified Twitter handle @PiCoreTeam stated that, as the platform nears the launch of an open Mainnet a lot of KYC slots will be sent out to ensure many pioneers who have been mining daily pass their KYC.

The Core Team however highlighted some of the advantages of having an intermediate enclosed mainnet activities for ramping up to the fully open Mainnet.

The highlighted advantages are:

  • Building and deploying more Pi Apps and allowing more utilities to be created and used.
  • Millions of pioneers worldwide to pass KYC.
  • Iterating on any modifications and adjustments to the mainnet and ecosystem before the open Mainnet.
  • Transitioning Pi Apps deployed on the testnet to the mainnet.

“There are multiple advantages to having an intermediate enclosed period to ramp up to the fully open Mainnet.”

 

Written by Newsway

NewsWay reporters are Media employees of the newsway.com.ng vested with the responsibilities of getting informative data from verifiable sources and publishing same undistorted on behalf of the NEWS WAY INFO-TECH which is a parent company that birthed the NewsWay blog.

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