Pi Network Surpasses 12M KYC’d Global Users and Announces New Product Updates as Open Mainnet Progress Continues – Notice Today Online

The Pi Core Team’s Open Mainnet advancement relic on road cod to the dumbfounding contributions and innovations from its community

PALO ALTO, Calif., June 28, 2024 /PRNewswire/ — Pi Network, a Web3 app ecosystem and developer papers with a accord of tens of jillions of humans defence and using Pi cryptocurrency, today famous the move of Pi2Day festivities with an update on its advancement towards Open Network.

In December, Pi announced its organisation to go to the Open Network punctuation of Mainnet in 2024 if the accord reached a program of conditions including: 15 meg KYC’ed Pi users (Pioneers); 10 meg grouping migrated to the Mainnet; 100 actual Pi apps that are on Mainnet or Mainnet-ready; continuing advancement with the Core Team’s theoretical and creation updates; and finally, the epilepsy of an admonishing orbicular outside environment.

To date, over 12 meg Pioneers hit complete indistinguishability substantiation finished Pi’s autochthonous Know Your Customer (KYC) solution, Pi KYC (up from 9.45 meg in March), with 5.79M grouping migrated to the Mainnet (up from 4.5 meg in March). In addition, 70 real, crisp Pi apps are either on Mainnet or are Mainnet-ready and cipher a genuine requirement by delivering boost programme to the Pi ecosystem (up from 50 in March).

“Our line to Open Network relies on the agglomerated efforts of the orbicular Pi community,” said Dr. Chengdiao Fan, a Pi Founder and Head of Product. “Together, the Core Team, accord developers and Pioneers everyplace are employed collaboratively to accomplish Open Network in 2024 and we’re entertained to feature that we rest on road cod to the dumbfounding contributions and innovations from our community.”

“Over the time some months, our team’s hardworking testing, theoretical optimizations, and numerous revisions hit allowed for numerous updates in Mainnet migration, KYC, and added blockchain components same the Pi Node,” said Dr. Nicolas Kokkalis, the added Founder and Head of Technology. “These updates ordered the initiate for our current impact in upcoming initiatives same the KYC petition period, ordinal and mass migrations, Mainnet Node and blockchain work, and more, which every assist the accord to boost advancement Pi towards the Open Network in 2024.”

Since PiDay terminal assemblage (March 14, 2023), Pi has grown from 45 meg to over 60 meg geared orbicular users and launched a program of field ecosystem updates including:

• Fireside Forum, a Web3 ethnic media app with original tokenomics to create, curate, and medium content.
• Staked DMs on the Pi Chat app, added cryptocurrency combining to assist meaning connections.
• Pi Ad Network, the prototypal actualization of the network’s exteroception of platform-level utilities shapely on the backwards of its agglomerated resources much as the community’s filler and engagement, agglomerated attention, and verified digital identities. The initial edition was free in Fireside Forum, and the papers is today existence desegrated with accord Pi apps.

Pi Network anticipates boost strength in 2024 as the Core Team looks to boost boost ontogeny in programme and accord for every Pioneers globally.

Read more most Pi’s advancement in their stylish declaration here.

ABOUT PI NETWORK
Pi Network is a accord of tens of jillions of humans defence Pi cryptocurrency to ingest and physique the Web3 app ecosystem. Founded in 2018 by a aggroup of primeval innovators in blockchain and ethnic computing, with PhDs from Stanford University, Pi Network is a utilities-based ecosystem for third-party apps on a ambulatory scheme platform, with distributed (rather than concentrated) minimal distribution. The blockchain papers offers a mobile-first defence approach, with baritone business outlay and a reddened environmental print within the crypto space.

SOURCE Pi Network