{"id":9350,"date":"2025-01-23T17:32:10","date_gmt":"2025-01-23T17:32:10","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=9350"},"modified":"2025-01-23T17:32:10","modified_gmt":"2025-01-23T17:32:10","slug":"pi-network-pi-news-recap-here-%d0%b0re-the-latest-developments","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=9350","title":{"rendered":"Pi Network (PI) News Recap: Here \u0410re the Latest Developments"},"content":{"rendered":"<div>\n<p><strong>TL;DR<\/strong><\/p>\n<ul>\n<li>Pi Network developers have set the Open Network launch condition at 15 million KYC-verified users, with over 9 million already migrated, but some users continue to face verification challenges.<\/li>\n<li>The project\u2019s popularity remains strong, especially in Asia, with millions of users and a large social media following that surpasses established crypto entities like Ripple.<\/li>\n<\/ul>\n<h2><span data-preserver-spaces=\"true\"><a href=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/01\/PiNetwork_CB-25.jpg\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-380116\" src=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/01\/PiNetwork_CB-25.jpg\" alt=\"\" width=\"1201\" height=\"720\" srcset=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/01\/PiNetwork_CB-25.jpg 1201w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/01\/PiNetwork_CB-25-300x180.jpg 300w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/01\/PiNetwork_CB-25-1024x614.jpg 1024w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/01\/PiNetwork_CB-25-768x460.jpg 768w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/01\/PiNetwork_CB-25-50x30.jpg 50w\" sizes=\"auto, (max-width: 1201px) 100vw, 1201px\"><\/a><\/span><\/h2>\n<h2>What\u2019s New?<\/h2>\n<p><span data-preserver-spaces=\"true\">Pi Network is one of the most controversial <\/span><span data-preserver-spaces=\"true\">and yet most<\/span><span data-preserver-spaces=\"true\"> popular cryptocurrency projects. It claims to allow people to mine digital assets directly from their smartphones with minimal energy consumption. <\/span><span data-preserver-spaces=\"true\">Despite being around for almost six years<\/span><span data-preserver-spaces=\"true\">, Pi Network has yet to introduce its native token and open mainnet.<\/span><span data-preserver-spaces=\"true\">\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Many community members have been frustrated by the lack of clarity surrounding the exact launch of those developments. However, Pi Network\u2019s team has continuously assured <\/span><span data-preserver-spaces=\"true\">these<\/span><span data-preserver-spaces=\"true\"> milestones are on the horizon. <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Not long ago, the developers said the first <\/span><span data-preserver-spaces=\"true\">major<\/span><span data-preserver-spaces=\"true\"> target was the launch of the Open Network. They said it will go live if 15 million users pass necessary Know-Your-Customer (KYC) verifications and migrate to the mainnet (known as the Grace Period)\u00a0before the end of this month.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">At the beginning of January, Pi Network <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/cryptopotato.com\/important-pi-network-update-as-open-network-launch-date-approaches-details\/\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"internal\"><span data-preserver-spaces=\"true\">claimed <\/span><\/a><span data-preserver-spaces=\"true\">the project has been making \u201cexcellent progress,\u201d with over 9 million successful migrations. <\/span><span data-preserver-spaces=\"true\">Prior to<\/span><span data-preserver-spaces=\"true\"> that, the team <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/cryptopotato.com\/2-massive-pi-network-pi-achievements-ahead-of-scheduled-release-date\/\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"internal\"><span data-preserver-spaces=\"true\">maintained<\/span><\/a><span data-preserver-spaces=\"true\"> that 14 million people had completed the verification procedures.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Despite the claimed progress, some users complained they <\/span><span data-preserver-spaces=\"true\">had<\/span><span data-preserver-spaces=\"true\"> experienced issues when trying to abide by the rules. To ease their efforts, Pi Network recently <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/cryptopotato.com\/important-update-on-pi-networks-kyc-verification-process-details\/\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"internal\"><span data-preserver-spaces=\"true\">advised<\/span><\/a><span data-preserver-spaces=\"true\"> them to \u201ceither spend Pi to update their name or appeal to resubmit their KYC application.\u201d<\/span><\/p>\n<blockquote>\n<p><span data-preserver-spaces=\"true\">\u201cPioneers who have rejected KYC applications due to differences in their Pi account name and their real name in ID documents can now either spend Pi to update their name or appeal to resubmit their KYC application. Complete this action today if needed,\u201d the full guidance reads.<\/span><\/p>\n<\/blockquote>\n<p><span data-preserver-spaces=\"true\">Towards the end of last year, the team issued another advice to struggling users. Specifically, it <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/cryptopotato.com\/important-pi-network-update-for-users-struggling-with-kyc\/\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"internal\"><span data-preserver-spaces=\"true\">urged<\/span><\/a><span data-preserver-spaces=\"true\"> people who can\u2019t complete KYC procedures <\/span><span data-preserver-spaces=\"true\">for some reason<\/span><span data-preserver-spaces=\"true\"> to join a dedicated Telegram chat \u201cwhere there will be mods to answer your questions.\u201d<\/span><\/p>\n<h2><span data-preserver-spaces=\"true\">How Popular is Pi Network?<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">As mentioned above, the controversy surrounding the project has not stopped it from increasing its popularity in the past few years. Its user base has been particularly on the rise in Asia, in countries like South Korea, China, Vietnam, Japan, Singapore, and others.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Last month, 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\">revealed<\/span><\/a><span data-preserver-spaces=\"true\"> that the number of Pi Network users in South Korea reached 1.34 million, <\/span><span data-preserver-spaces=\"true\">which is<\/span><span data-preserver-spaces=\"true\"> more than the domestic client base of well-known crypto exchanges like Binance and Coinbase.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Meanwhile, the <\/span><span data-preserver-spaces=\"true\">official X account of the project<\/span><span data-preserver-spaces=\"true\"> has more than 3.5 million followers. <\/span><span data-preserver-spaces=\"true\">In comparison, established<\/span><span data-preserver-spaces=\"true\"> cryptocurrency entities such as Ripple, for instance, have fewer subscribers.<\/span><\/p>\n<p>The post <a href=\"https:\/\/cryptopotato.com\/pi-network-pi-news-recap-here-%D0%B0re-the-latest-developments\/\" rel=\"nofollow\">Pi Network (PI) News Recap: Here \u0410re the Latest Developments<\/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 developers have set the Open Network launch condition at 15 million KYC-verified users, with over 9 million already migrated, but some users continue to face verification challenges. The project\u2019s popularity remains strong, especially in Asia, with millions of users and a large social media following that surpasses established crypto entities like Ripple. [&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-9350","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\/9350","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=9350"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/9350\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=9350"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=9350"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=9350"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}