Strategy Reports $17.4 Billion Q4 Operating Loss Amid Bitcoin Price
Pi Network Expands KYC Access as Mainnet Grows
(Originally posted on : Crypto News – iGaming.org )
Pi Network announced a series of updates aimed at widening participation in its Mainnet ecosystem even as the project faces rising skepticism over value and identity data issues. More users can now move forward with migration and KYC while the team tests new verification tools.
The push to increase access follows technical migration blocks that kept millions from completing Mainnet setup for months.
Good to Know
- Nearly 2.5 million users are now eligible to finish migration
- More than 700,000 additional users can soon submit KYC
- Gamma testing is underway for palm print verification
Migration Blocks Begin to Lift
After being paused by security and compliance checks, nearly 2.5 million Pi Network users, often called Pioneers, can now complete Mainnet migration. For eligible accounts that have finished the Mainnet Checklist, balances will move automatically as the system processes batches.
Migration has opened in stages because Pi tackled unique verification and security issues for each group.
New players only. Exclusive Welcome Bonus of 177% + 77 Free Spins
Some users who missed earlier deadlines faced limits on how much Pi they could claim, a point that drew criticism as the project evolved.
More KYC Access Soon
Pi also plans to allow more than 700,000 previously ineligible users to submit KYC applications over the next few weeks. Those submissions will determine each applicant’s status and future participation.
The network is urging users to submit KYC early to avoid future roadblocks in accessing apps, features, and rewards.
Palm Print Verification in Beta
Alongside migration changes, Pi is exploring a palm print authentication feature during the KYC process. The method, currently in beta, could add an extra layer of account security without requiring a face scan.
New players only. Exclusive 111% Welcome Bonus + 111 Free Spins
Future uses might include identity checks for account recovery, password resets, and multi factor authentication, broadening the ways users can prove their identity.
Validator Rewards Testing Continues
A long awaited system to reward validators for processing KYC tasks is also moving forward with planned deployment by end of March 2026. Pi said thorough testing remains ongoing to ensure accuracy and security across millions of tasks.
Criticism Over Utility and Data Collection
Even as these upgrades roll out, critics have raised concerns about Pi Network broader prospects, pointing out that Mainnet launch and migration updates do not guarantee real demand or a clear use case for the Pi token. Some analysts and community members have said Pi resembles an overhyped project with little actual value and no major exchange listings, and that personal data collected through KYC could present privacy risks.
Unlike established cryptocurrencies like Bitcoin or Ethereum, which trade on major exchanges and support many decentralized applications, Pi’s ecosystem remains limited and its token utility uncertain.
Market Volatility and User Expectations
Pi once appeared toward the top of crypto market cap charts, but price swings and a lack of broad trading platforms have made the future unclear for many holders who expected significant value growth from mobile mining participation.
As technical fixes and new features continue to roll out, users who joined early now face a mix of opportunity and caution, balancing excitement about Mainnet expansion with questions around real world utility and data protection.