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To address the growing frustration among the Pi community regarding delays in accessing tokens, Pi Network has introduced a game-changing Fast Track KYC feature that promises to accelerate the verification process. The latest initiative by the blockchain project is to ease onboarding while ensuring security standards for its growing ecosystem.
The Pi Core team’s newly introduced Fast Track KYC takes advantage of cutting-edge AI technology to shorten the lengthy verification process. In the past, users needed to complete thirty mining sessions to be eligible for the standard KYC application submission process, which added significant barriers to entry for many new users.
This new feature allows both current users and new users of the Pi Network ecosystem to activate their wallets immediately on the mainnet. Approved users will be able to use the Pi apps, local commerce, and events in the ecosystem right away, without waiting for long periods of time.
Actual transfers of the token balance will still be subject to the entire migration checklist being completed, which requires completing the full KYC verification process. The Fast Track option is an interim solution for users to experience the abilities of the ecosystem while waiting to complete verification.
This internal solution, built into the Pi Wallet app, decreases reliance on third-party services, such as Banxa, for verification. The development team wanted to stress that while they were able to speed up processing time, it did not represent a compromise to their quality measures because applications could still be denied for not providing adequate documentation.
Most of the community has responded very positively; however, there are still some concerns remaining among long-term participants regarding the overall timeline to migrate. Many see this news as increasing the odds of an impending mainnet migration that they have been yearning for.
Furthermore, recent ecosystem updates further enhance the level of confidence in the entire community regarding the direction of the project and its long-term prospects. Pi Network has integrated Stellar’s Protocol v23 on the testnet and successfully validated blocks to a significant height of 20,824,824.
The project’s visibility is still growing through various strategic partnerships and high-profile conference attendance, like being a Gold sponsor at TOKEN2049 in Singapore. Trading accessibility has been enhanced with OKX introducing PI/USDC trading pairs and Onramp Money announcing support across sixty nations.
Currently, Pi Network has over 14.8 million users who have already been through KYC verification and transitioned to mainnet trading. Moreover, as per CMC data, PI is trading at a price of around $0.35.
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To address the growing frustration among the Pi community regarding delays in accessing tokens, Pi Network has introduced a game-changing Fast Track KYC feature that promises to accelerate the verification process. The latest initiative by the blockchain project is to ease onboarding while ensuring security standards for its growing ecosystem.
The Pi Core team’s newly introduced Fast Track KYC takes advantage of cutting-edge AI technology to shorten the lengthy verification process. In the past, users needed to complete thirty mining sessions to be eligible for the standard KYC application submission process, which added significant barriers to entry for many new users.
This new feature allows both current users and new users of the Pi Network ecosystem to activate their wallets immediately on the mainnet. Approved users will be able to use the Pi apps, local commerce, and events in the ecosystem right away, without waiting for long periods of time.
Actual transfers of the token balance will still be subject to the entire migration checklist being completed, which requires completing the full KYC verification process. The Fast Track option is an interim solution for users to experience the abilities of the ecosystem while waiting to complete verification.
This internal solution, built into the Pi Wallet app, decreases reliance on third-party services, such as Banxa, for verification. The development team wanted to stress that while they were able to speed up processing time, it did not represent a compromise to their quality measures because applications could still be denied for not providing adequate documentation.
Most of the community has responded very positively; however, there are still some concerns remaining among long-term participants regarding the overall timeline to migrate. Many see this news as increasing the odds of an impending mainnet migration that they have been yearning for.
Furthermore, recent ecosystem updates further enhance the level of confidence in the entire community regarding the direction of the project and its long-term prospects. Pi Network has integrated Stellar’s Protocol v23 on the testnet and successfully validated blocks to a significant height of 20,824,824.
The project’s visibility is still growing through various strategic partnerships and high-profile conference attendance, like being a Gold sponsor at TOKEN2049 in Singapore. Trading accessibility has been enhanced with OKX introducing PI/USDC trading pairs and Onramp Money announcing support across sixty nations.
Currently, Pi Network has over 14.8 million users who have already been through KYC verification and transitioned to mainnet trading. Moreover, as per CMC data, PI is trading at a price of around $0.35.
Highlighted Crypto News Today:
Ethereum Fusaka Upgrade Gets a Nod For December 2025
Read More