Those who become KYC validators will receive Pi tokens for their assistance in verification. The project has been in development for over five years, but there is still no clear information on when the native token and open mainnet will be launched.
Despite recent updates, some remain skeptical due to the numerous delays and lack of clarity. The ultimate goal is for the network to transition to Open Network before the end of 2024.
Pi Network, a controversial cryptocurrency project that allows users to mine digital assets on their smartphones, is currently urging users to become KYC (Know-Your-Customer) validators. Although there have been multiple delays and issues with KYC verification, some users have welcomed the updates, while others express skepticism about the legitimacy of the project and the likelihood of the native token being released anytime soon.
