Users of the PI network, known as pioneers, express an increasing frustration concerning their inability to transfer their Mined PI pieces (PI) to the main of the blockchain.
The concerns are approaching the deadline for the network’s grace period, leaving users only four days to complete the necessary migration process.
PI Network Sets March 14 Date Linear for migration kyc and mainnet
The PI network has established a critical deadline for users in order to supplement their customer verification (KYC) and the migration of the Mainnet. According to the announcement, the pioneers must finalize these processes by 8:00 am UTC on March 14, 2025.
Not doing it will result in the loss of most of their PI participations. However, the parts extracted in the past six months are exempt. The period of grace, introduced to give users enough time to finish verification, has already been extended on several occasions.
According to the PI team, these extensions have been designed to accommodate as many legitimate users as possible, ensuring that their sales could be checked and migrated.
“The end of the period of grace is inevitable to ensure that the network can move on to its new phase without large sums of unbealed and un requained mobile sales,” said the blog.
Despite this emergency, many pioneers have pointed out problems preventing them from transferring their IP to the maintenance. Among them, Jaro Giesbrecht. In an article on X (formerly Twitter), Giesbrecht said he had finished the Mainnet control list but had remained in a standstill.
“The PI network has done nothing to help solve this problem. This is a very common problem. Pi did nothing to help solve this problem and others, “he wrote.
Giesbrecht has intensified his criticism, arguing that the deadline should be extended until all pioneering questions are resolved. He suggested that not doing it makes the whole process ineffective and would raise concerns about the legitimacy of the project.
The problem seems widespread, other pioneers echoing similar complaints on X.
“The whole process is a joke. ~ 80% of my balance manifests itself as not verified, although my whole safety circle has finished KYC. No additional measure is listed in order to clarify this. In addition, no one answered me on a support ticket I opened weeks ago. What gives? pointed out a user.
In addition, users have also noted that step 9 on the Mainnet control list – “migrate to the Mainnet” – is not resolved, leaving their Pi sales in limbo.
“What is the problem with the main migration?” Should we lose our extracted PI due to an error of your end? »A displayed user.
Pi Coin sees the two -digit losses in the middle of the uncertainty of the list of binances
While the imminent deadline is worried a lot, others are impatiently awaiting March 14, widely recognized as PI Day. The opportunity has triggered optimism for a potential price increase despite recent Pi Coin on the market.
“As long as we do not break $ 1.2, I am optimistic. Pi Day is approaching, and I hope we will see a pump, “wrote an analyst.
During last week, PI lost 16.3% of its value. In addition, in the past 24 hours, he has been down to two figures, negotiating $ 1.40 at the time of the press. This represented a drop of 12.2% in the last day.
The concerns of the PI network community go beyond price movements, because many pioneers continue to pressure so that the Binance lists Pi Coin.
Although Binance has officially announced anything about PI, he recently introduced “voting to the list” features and “vote for the implementation”. The system has fueled the hope that the movement would facilitate the list of IPs.
However, these tools do not grant users with full authority, because Binance retains the final decision -making power. Therefore, uncertainty surrounding the decision led to frustration.
In particular, the community vote ended on February 27 with an overwhelming majority of 86% in favor of the Pi Coin list. However, without official response from Binance, the pioneers broke out in indignation.
In protest, they flooded the exchange with criticism of a star on Google Play Store. A similar drop in dimensions was observed on the appeal. The CEO of the exchange had previously qualified Pi Network A scam.
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