More than five years since its inception, Pi Network is edging closer to the launch of its native token and open mainnet. However, the community is still awaiting the final stages of the project, which depend on critical milestones like Know-Your-Customer (KYC) verifications and mainnet migrations.
The Path to Open Network
The Pi Network team has stated that achieving 15 million successful KYC verifications is a key prerequisite for the project’s transition to an Open Network. As of early 2025, over 9 million users have successfully migrated, with the Grace Period set to conclude on January 31.
Despite progress, many community members have reported difficulties completing the required steps, prompting the Pi Network team to issue additional guidance.
Addressing KYC Challenges
The developers emphasized that delays in KYC results and migrations often stem from users’ incomplete actions. To address this, they advised:
- Completing liveness checks: Ensure the video is clear and well-lit.
- Signing the token acknowledgment: Necessary even if KYC results are pending.
- Securing accounts: Follow prompts in the app to complete the Mainnet Checklist.
“When prompted in the mining app for additional liveness checks, please take them and do not close the popup,” the team advised.
Beware of Scams
As Pi Network gains traction, surpassing 100 million downloads, scammers have increasingly targeted its community. The project’s popularity, especially in Asia—with strong bases in China, Vietnam, South Korea, and India—has made vigilance essential.
To protect users, the Pi Network team issued two critical warnings:
- Trust official channels only: A dedicated safety page lists verified sources and URLs.
- Use the designated Pi Browser for wallets: The authentic Pi Wallet is visually identifiable by a purple navigation bar featuring the Pi logo.
“Ensure you’re in the correct Pi Wallet, not any fake one, to safeguard your Pi,” the team warned.
Pi Network’s open mainnet launch is within reach, but its success hinges on completing the remaining KYC verifications and migrations. While the project’s growing popularity highlights its potential, challenges like scam threats and procedural delays underscore the importance of vigilance and patience.
As the January 31 deadline looms, the community eagerly awaits the project’s next chapter and the debut of its native token.