The Pi Coin (PI) Development Team Announces New Wallet Activation Feature
The Pi Coin (PI) development team has announced a new wallet activation feature in an effort to expand access to the Pi Mainnet ecosystem.
In the statement, it was stated that authenticated users, that is, users who have both completed full identity verification (KYC) and have been temporarily verified, can now activate their wallets on the Pi Mainnet blockchain.
The developer team stated that with this new feature, it has become easier for users to participate in the Pi Mainnet ecosystem. The statement said, “The Mainnet wallet activation feature allows authenticated users to activate their wallets on the Pi Mainnet blockchain. This paves the way for their participation in the ecosystem and increases inclusiveness.”
While the current Mainnet migration process is ongoing, it was stated that this process takes time due to both identity verification and security analysis. Thanks to the new feature, even if the migration to Mainnet is not completed, users will be able to activate their wallets and interact with the ecosystem. The developer team claimed that this situation provides access to millions of users.
Related News
BREAKING: Another Company Announces Plans to Purchase $200 Million Worth of Bitcoin
However, it should not be forgotten that there are claims that Pi Coin is a pyramid scheme.
In addition, a new feature has been introduced for those who have not previously been part of the Pi network. Through third-party services supported in certain regions, individuals who are not Pi users will be able to create wallets on the Pi Mainnet by going through the identity verification process. However, the developers specifically stated that this process only provides wallet creation and will not have any impact on the Mainnet migration process.
In the past, a person who wanted to join the Pi network had to complete scratch mining sessions, then go through the KYC process and complete the migration to Mainnet. According to the announcement, this process has been greatly accelerated and simplified with the new feature.
This is not investment advice.
