The Pi Network workforce has introduced the implementation of upgrades to simplify verification and enhance the tempo of its Mainnet migration. This comes earlier than the token unlock occurring this December.
Pi Network Integrates AI Tools to Boost KYC Process
In a current blog post, the Pi workforce stated it has improved its KYC course of with the identical AI know-how as Fast Track KYC. This will reduce the variety of functions ready for human assessment by 50%. As a consequence, extra Pioneers will probably be in a position to attain Mainnet eligibility sooner.
Fast Track KYC was first launched in September to assist new and non-users arrange a Mainnet pockets. This was in an effort to cut back the lengthy wait occasions attributable to the earlier rule. The outdated rule required finishing 30 mining periods earlier than qualifying for verification.
Fast Track can’t allow migration by itself. However, it’s now totally a part of the Standard KYC course of which permits entry to Mainnet.
This comes at a time when the community is ready for another unlock in December. About 190 million tokens will unlock price roughly $43 million at present estimates.
These updates will assist extra Pioneers end their migration quicker particularly when there are fewer validators out there. This integration permits Pi’s validation sources to function a platform utility. In the longer term, functions that want identification verification or human-verified participation can use this technique.
Team Releases Validator Rewards Update
The Pi Network workforce supplied an replace about validator rewards. They anticipate to distribute the primary rewards by the tip of Q1 2026. This delay occurred as a result of they wanted to analyze a considerable amount of information collected since 2021.
Currently, 17.5 million customers have accomplished the KYC course of, and 15.7 million customers have moved to the Mainnet.
However, there are round 3 million customers on the community who will not be totally verified but. These customers want to full extra checks to verify their standing. The workforce is asking these customers to end any remaining steps.
In a associated growth, the Pi Network has been included within the European Union’s MiCA framework. This is a prerequisite for getting into the extremely regulated crypto markets of Europe.
They additionally introduced a brand new partnership with CiDi Games that goals to combine Pi into Web3 gaming experiences. This opens a world of even higher high quality, Pi-enabled interactive content material for the Pioneers.
