Pi Network issues a critical reminder to users: details

TL;DR

Pi Network reminded of an important deadline that users must meet. The community foresees deadlines and if the goals will be finally achieved. One month left

Pi Network: This is still a very controversial topic within the space. Although it has been around for five years, its native token and open mainnet have yet to see the light of day.

Earlier this year, the team behind the project urged users to go through Know Your Customer (KYC) procedures so that they can get closer to achieving the aforementioned goals. Initially, people had until the end of September to do so, but the deadline was later extended.

More recently, Pi Network recalled that the verification process (known as the grace period) will last until November 30, 2024.

One month left to secure your Pi reminder: complete the first grace period deadline by submitting your KYC application by November 30, 2024. https://t.co/VMD4Yu1ES7 pic.twitter.com/3eGTcdIHn8

— Pi Network (@PiCoreTeam) October 31, 2024

The team assured that everyone who does not meet the rules in time will receive an individual grace period timer:

“This timer will continue to count down as long as this process is pending user action and will stop in the event that an individual is blocked by the system at the following specific steps: ineligible to apply for KYC, stuck to the KYC process of over a month, with a provisional KYC status and system delays due to migration to Mainnet.”

It will be interesting to see if Pi Network achieves some of its goals in the coming months, given the multiple delays and postponed events that have frustrated some community members in the past.

In the meantime, users are waiting for December, when the Pi Core Team is supposed to give more information about the open roadmap to the mainnet (which should allow buying and selling of Pi tokens).

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