This is what you need to know

Summary

• Pi Network has set a deadline of September 30, 2024 for users to complete KYC verification and for miners to deposit their nfts into PiBridge.
• The Pi core team plans to reveal the open mainnet roadmap in December 2024, with the goal of enabling official token transactions.

Closing time in less than two weeks

Pi Network is a cryptocurrency project that aims to enable users to mine and earn digital assets on their mobile devices. Not long ago, celebrated 2,000 days since its official launch in March 2019.

However, some members of the crypto community remain wary of the project's success as there is no clear indication of when users can expect the introduction of an open mainnet and native token.

Pi From the network previously team reclaimed More than 13 million people have already passed Know Your Customer (KYC) procedures, while six million have migrated to the mainnet. The developers also set September 30, 2024 as the deadline for all users to complete their verification.

“METROMake sure that No Missing deadlines to submit KYC or migrate your Pi. Ask your Security Circle and Referral Team to take this into consideration. behavior before the grace period ends,” The working group advised.

Earlier this week, PiBridge (a decentralized financial platform that acts as a bridge between Pi Network and other blockchain networks) announced the opening of an nft pool on the PiBridge app. The team advised miners to hurry up and deposit their non-fungible tokens for staking on the app before September 30, 2024.

“PiBridge will soon be closing the nft miner deposit gateway to move to the next phase of development. Don’t miss the opportunity to deposit your nft for miners and stake the app,” the statement said. x.com/PiBridgeOrg/status/1835588137911009684″ target=”_blank” rel=”noopener” data-wpel-link=”external”>read.

Great development is expected this year

In late August, PiBridge hosted a talk show, where the mainnet launch was one of the main topics of discussion. Shortly after, the Pi core team said that the open mainnet roadmap, which aims to enable the official purchase and sale of Pi tokens, will be announced in December 2024.

<blockquote class="twitter-tweet”>

Mainnet Opening Update

1. The Pi core team has revealed that they will announce the open Mainnet roadmap (which will allow official buy and sell transactions on Pi) in December.

SHARE OR RETWEET THIS! twitter.com/hashtag/PiNetwork?src=hash&ref_src=twsrc%5Etfw” data-wpel-link=”external” target=”_blank”>#RedPi image.twitter.com/vatNfzg3Qk

— Pi Network News (@PiNetworkLap) twitter.com/PiNetworkLap/status/1831691998341828811?ref_src=twsrc%5Etfw” data-wpel-link=”external” target=”_blank”>September 5, 2024

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