The Pi Network community is abuzz with speculation about the project’s future. The September 30th deadline for Know Your Customer (KYC) verification is approaching. Over two million users are already rushing to complete the process.
According to a recent video by Tech Guide, this surge in activity has reignited discussions about the potential launch date for Pi Network’s mainnet.
Amidst the flurry of KYC completions, rumors have begun circulating about a possible extension of the grace period. Sources close to the project suggest that users facing system errors or bugs during the verification process may be granted additional time beyond the September deadline.
This development has led to increased scrutiny of Pi Network’s roadmap, with many observers questioning the feasibility of a 2024 mainnet launch.
Pi Network Mainnet Launch: Delays and Expectations
Despite earlier projections targeting a 2024 launch, recent developments have cast doubt on Pi Network’s ability to meet this timeline. The ongoing KYC process and potential extensions have pushed the earliest possible mainnet launch into late 2024 or early 2025.
Industry experts are closely monitoring Pi Network’s progress, particularly its efforts to implement the tokenomics outlined in its white paper.
With a total supply of 100 billion coins and an 80% lock percentage, the project faces significant challenges in balancing user expectations with market realities. The introduction of the Pi utility concept has added another layer of complexity to the ecosystem.
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Source: https://www.cryptonewsz.com/pi-network-kyc-deadline-key-date-mainnet-rumor/