PI NETWORK UPDATE: LAUNCH DATE UNCLEAR I am sure a lot of people will now agree with me that pioneers should be informed about the development of the open mainnet by the core team. It will be interesting to see if the launch date for this year is once again postponed for unclear reasons. This video will cover the requirements for mainnet launch, issues raised, and the novel KYC strategy with an unclear path to utility. We will take a look at the responses given by Pi network representative and its unconventional approach. Next, we will take a closer look at the Pi network since its future is still unknown. If you find this interesting, please take a seat, remember to subscribe, and give it a thumbs up. I will see you after the intro. I know a lot of people will be expecting me to talk about the price and how they can sell, but the truth is we also need to know what we are doing and where we are headed. which is evidently crucial throughout the pi network project's journey. A noteworthy milestone has been reached by the Pi Network app: over 10 million users have completed the Know Your Customer (KYC) process to verify their identities. This accomplishment, which was revealed on April 16, moves the project one step closer to its objective of having 15 million KYC-compliant users, which is necessary for the mainnet launch and token traceability. Notwithstanding this accomplishment, questions about the value Pi Network can offer its users still exist because Pi tokens can not currently be traded for actual money on cryptocurrency exchanges or traded for other cryptocurrencies. In order to achieve safe, accurate, and effective KYC, the Pi team describes its proprietary solution as a "unique and proprietary approach that combines machine automation and crowdsourced, hyperlocal human verification." According to the team, this method could be used for identity verification by other Web3 services. But a major barrier still stands in the way: token tradability is required. The business analytics platform AIMultiple states that Pi Network users "cannot yet exchange their Pi coins with fiat currency on exchanges," implying that there may not be any benefit to users from the project at this time. Pi, according to the representative, has achieved a number of objectives, such as developing a wallet, testnet, mainnet, node application, mining app, and developer platform. According to the representative, "everything worthwhile takes time and patience," and the reason for the delay in launching the open network was to ensure a "healthy launch of the Open Network." That much is clear, but we still need an explanation for why the open mainnet date is constantly being updated as it gets closer to the actual date. To ensure that everyone is aware of the reasons behind the date changes, pioneers must also comprehend the project's status and receive updates on it. Despite having reached the noteworthy milestone of 10 million KYC-eligible users, Pi Network's long-term viability and adoption remain uncertain due to its lack of token tradability and analysts' concerns regarding its potential value proposition. The cryptocurrency community will be closely observing Pi Network's progress toward the mainnet launch to see if it can live up to the hype and offer real value to its users. The idea of launching an open mainnet appears to be more of a conspiracy than a plot, and the air is getting thicker. I believe it is appropriate to request a livestream featuring the core team. By getting straight answers from them, doubts and rumors regarding the Pi Network Project's future will be dispelled, which will help clear the air. Most importantly, it will improve the atmosphere and foster trust. If you concur, click the pinned comment button to leave this comment on your screen. We are powerful when we work together. Let us proceed in the correct direction. Please give this video a like and share. Subscribe if you have not done so. Join my telegram group here: https://t.me/BK_314pi Follow me on Twitter: bk_knowledge ================================= RELATED VIDEOS GOOD NEWS! 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