Key Points:
1. Pi Network extends KYC and mainnet migration deadlines to November 30, 2024, and December 31, 2024, respectively.
2. Users struggling with KYC can seek help in a dedicated Telegram chat.
3. Mainnet roadmap expected in December 2024, sparking mixed reactions.
4. Over 13 million users have completed KYC, with 6 million migrated to mainnet.
Community Reaction:
- Optimism: Extension seen as an opportunity for small-time builders.
- Skepticism: Concerns about project legitimacy and delays.
Upcoming Developments:
1. Mainnet roadmap reveal in December 2024.
2. PiBridge's decentralized finance platform connecting Pi Network to other blockchains.
Background:
- Pi Network aims to enable smartphone-based cryptocurrency mining.
- Project launched over 5 years ago, with no clear mainnet launch date.
Stay Informed:
- Follow Pi Network updates.
- Join Telegram chat for KYC support.
- Monitor mainnet roadmap release.
Remember, cryptocurrency investments carry risks. Always conduct thorough research and consider your risk tolerance.
