{"id":12215,"date":"2025-02-10T09:47:18","date_gmt":"2025-02-10T09:47:18","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=12215"},"modified":"2025-02-10T09:47:18","modified_gmt":"2025-02-10T09:47:18","slug":"pi-network-pi-news-recap-feb-10th","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=12215","title":{"rendered":"Pi Network (PI) News Recap Feb 10th"},"content":{"rendered":"<div>\n<p><span data-preserver-spaces=\"true\"><strong>TL;DR<\/strong><\/span><\/p>\n<ul>\n<li>Pi Network postponed its KYC and migration deadline to February 28, 2025, with the Open Network expected in Q1 this year.<\/li>\n<li>Despite the constant delays, the project sees rising interest, with recent community gatherings in India, Nigeria, and China.<\/li>\n<\/ul>\n<h2><a href=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/02\/PiNetwork_CB-30.jpg\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-382569\" src=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/02\/PiNetwork_CB-30.jpg\" alt=\"\" width=\"1201\" height=\"720\" srcset=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/02\/PiNetwork_CB-30.jpg 1201w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/02\/PiNetwork_CB-30-300x180.jpg 300w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/02\/PiNetwork_CB-30-1024x614.jpg 1024w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/02\/PiNetwork_CB-30-768x460.jpg 768w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/02\/PiNetwork_CB-30-50x30.jpg 50w\" sizes=\"auto, (max-width: 1201px) 100vw, 1201px\"><\/a><br \/>\n<span data-preserver-spaces=\"true\"><br \/>\n<\/span><span data-preserver-spaces=\"true\"><br \/>\nWhat\u2019s New?<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">Instead of launching its long-awaited native token and open mainnet, Pi Network \u2013 the cryptocurrency project that claims to enable people to mine digital assets directly from their smartphones \u2013 continues to make different announcements.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Several months ago, the team assured that the <\/span><span data-preserver-spaces=\"true\">aforementioned<\/span><span data-preserver-spaces=\"true\"> milestones<\/span><span data-preserver-spaces=\"true\"> would occur once 15 million users pass the necessary Know-Your-Customer (KYC) verifications and successfully migrate to the mainnet. <\/span><span data-preserver-spaces=\"true\">The deadline for that (known as the Grace Period) was set<\/span><span data-preserver-spaces=\"true\"> for January 31 but <\/span><span data-preserver-spaces=\"true\">was <\/span><span data-preserver-spaces=\"true\">later<\/span> <a class=\"editor-rtfLink\" href=\"https:\/\/cryptopotato.com\/important-pi-network-pi-update-users-are-losing-patience\/\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"internal\"><span data-preserver-spaces=\"true\">moved<\/span><\/a><span data-preserver-spaces=\"true\"> to February 28.<\/span><\/p>\n<blockquote>\n<p><span data-preserver-spaces=\"true\">\u201cThe KYC and Mainnet migration deadlines for the Grace Period have been extended to February 28, 2025, ensuring Pioneers have additional time and opportunity to secure their Pi,\u201d the developers explained.<\/span><\/p>\n<\/blockquote>\n<p><span data-preserver-spaces=\"true\">Another reason behind the extension could be the issues that some users experience when trying to abide by the rules. To ease their efforts, Pi Network <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/cryptopotato.com\/pi-network-introduces-2-key-updates-to-improve-kyc-process\/\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"internal\"><span data-preserver-spaces=\"true\">issued<\/span><\/a><span data-preserver-spaces=\"true\"> two key updates last week.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">The team stated that users with mismatched Pi accounts and KYC names typically face rejection due to ownership verification failure. However, they can appeal to resubmit their application or update their info, though this comes with a penalty of losing part of their Mobile Balance. It is worth mentioning that only those who had their KYC rejected for name mismatches and had a single denied appeal are eligible.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Pi Network also allowed minor phone number corrections<\/span><span data-preserver-spaces=\"true\"> \u2013 <\/span><span data-preserver-spaces=\"true\">up to two digits<\/span><span data-preserver-spaces=\"true\"> \u2013 <\/span><span data-preserver-spaces=\"true\">to prevent misuse <\/span><span data-preserver-spaces=\"true\">like<\/span><span data-preserver-spaces=\"true\"> account transfers or hacks.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Meanwhile, the developers <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/cryptopotato.com\/massive-announcement-from-pi-network-pi-details\/\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"internal\"><span data-preserver-spaces=\"true\">aim<\/span><\/a><span data-preserver-spaces=\"true\"> to launch the Open Network during the first three months of 2025. They said the development could occur before or after the Grace Period ends, urging users to submit their KYC applications and complete migration procedures as quickly as possible.\u00a0<\/span><\/p>\n<h2><span data-preserver-spaces=\"true\">The Growing Community<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">Despite the <\/span><span data-preserver-spaces=\"true\">surrounding<\/span><span data-preserver-spaces=\"true\"> controversy and uncertainty, Pi Network continues attracting new members to its community. Over the past several weeks, there has been a surge of gatherings in different countries, such as <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/cryptopotato.com\/pi-network-community-grows-in-these-countries-but-when-mainnet\/\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"internal\"><span data-preserver-spaces=\"true\">India<\/span><\/a><span data-preserver-spaces=\"true\"> and Nigeria.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Most recently, the Chinese community also organized a similar event. <\/span><span data-preserver-spaces=\"true\">According to<\/span><span data-preserver-spaces=\"true\"> Pi News<\/span><span data-preserver-spaces=\"true\">, <\/span><span data-preserver-spaces=\"true\">this <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/x.com\/PiNewsApp\/status\/1888553180067217674\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"external\"><span data-preserver-spaces=\"true\">happened<\/span><\/a><span data-preserver-spaces=\"true\"> in Shijiazhuang City, Hebei Province, where \u201ca large number of goods were sold out on site using Pi payment.\u201d<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Other Asian nations where the project is particularly popular are South Korea, Vietnam, Singapore, Japan, and others. Wu Blockchain <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/cryptopotato.com\/very-curious-pi-network-pi-fact-details\/\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"internal\"><span data-preserver-spaces=\"true\">reported<\/span><\/a><span data-preserver-spaces=\"true\"> last year that Pi Network\u2019s users in South Korea surpassed 1.3 million, outpacing the local customer base of major exchanges like Binance and Coinbase.\u00a0<\/span><\/p>\n<p>The post <a href=\"https:\/\/cryptopotato.com\/pi-network-pi-news-recap-feb-10th\/\" rel=\"nofollow\">Pi Network (PI) News Recap Feb 10th<\/a> appeared first on <a href=\"https:\/\/cryptopotato.com\/\" rel=\"nofollow\">CryptoPotato<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>TL;DR Pi Network postponed its KYC and migration deadline to February 28, 2025, with the Open Network expected in Q1 this year. Despite the constant delays, the project sees rising interest, with recent community gatherings in India, Nigeria, and China. What\u2019s New? Instead of launching its long-awaited native token and open mainnet, Pi Network \u2013 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-12215","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/12215","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=12215"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/12215\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=12215"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=12215"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=12215"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}