Pi Network: Nicolas Kokkalis gives cautionary note to all pi network pioneers

The Pi Network’s creator, Nickolas Kokkalis, has issued a warning to all Pi users regarding the much anticipated shift serial and Kyc.

Many individuals were dissatisfied that the platform did not launch when the development team had predicted it would, so if you hear the word “pi network,” you might want to depart with the notion that it is fraught with disappointments.

Kokkalis Stated: If you received a kyc invitation from us but haven’t submitted, you have two weeks to do so. Your kyc will no longer be accepted if it is not submitted by that time. Many people have received Kyc invitations for a long time, but many have not applied for them while others are still waiting.

Everyone should wait to get their hopes up until the release date is announced, he advised, because the platform won’t work right away because it is the first in the series. I’m hopeful that the lead developer would release the pi network this year, as he stated that it would be made available before the end of 2023. The core team specifically brought this up, and he believes that this resulted in a fair campaign.

What steps must be taken to ensure the significance of pi ?

Should we purchase as many pi tokens as we can, or should the core team list the pi token on as many exchanges as they can? Just as it was announced that the Pi network will soon be deployed, the planning process may start once the project is up and running.

Before deploying Pi Network into the mainnet, the Core Team is making sure that it has all necessary utility applications. This will significantly contribute to Pi Coin having the highest possible value.

Nicolas Kokkalis also states:

“we want to solve this issues (KYC, utility applications) before open mainnet.”

Pioneers should exercise greater patience, Kokkalis advised, adding that the only issue remaining preventing the mainnet launch is KYC, and they are attempting to find a rapid fix.

By offering dependable & safe-proof onboarding to ensure the inherent quality of the network, KYC is crucial to sustaining a thriving Pi ecosystem and is a priority for the Core Team.

What is Pi Network?

Pi Network is a novel cryptocurrency and developer platform that allows mobile users to mine Pi coins without draining the device’s battery. Pi’s blockchain secures economic transactions via a mobile meritocracy system and a full Web3 experience where community developers can build decentralized applications (dApps) for millions of users.