- Pi Network speeds up KYC with AI upgrades before unlock.
- AI tools reduce delays, improve KYC efficiency for users.
- Pi Network prepares for token unlock, enhancing migration process.
Pi Network has rolled out significant upgrades to its Know-Your-Customer (KYC) system to improve processing speed and reduce delays ahead of its scheduled token unlock. The Core Team has incorporated advanced artificial intelligence tools into the Standard KYC framework, which is expected to enhance user onboarding and migration processes.
This integration of AI is designed to handle a larger influx of users, especially as Pi Network approaches the unlock event, when an estimated 190 million tokens will be made available. The current token tranche is valued at around $43 million, drawing attention to the platform’s scaling efforts.
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AI Expansion and Improved Efficiency
According to the Pi Network Core Team, the updated Standard KYC system now benefits from an enhanced AI layer, which operates similarly to the Fast Track KYC system. The update is a response to recurring issues of congestion in regions with limited validator capacity. By automating much of the validation process, the AI tools reduce the need for human review by approximately 50%, addressing delays and improving processing times.
The integration of Fast Track KYC into Standard KYC further streamlines the process, enabling new users or previously inactive participants to create Mainnet wallets. However, while AI performs most checks, human validators will still oversee any irregularities or submissions flagged by the system to maintain accuracy and prevent errors.
New KYC Metrics and Mainnet Migration Readiness
More than 17.5 million users have now passed the KYC process, while 15.7 million have successfully migrated to the Mainnet. Additionally, approximately 3 million users are in the “Tentatively KYC’d” category, and they can resolve pending issues by completing liveness checks.
Users who have passed the verification stage are encouraged to finish the remaining steps for full migration eligibility, which include wallet confirmation, enabling two-factor authentication, and agreeing to token receipt terms. These updates position Pi Network for stronger participation in the rapidly growing Web3 and AI spaces, furthering the platform’s long-term development.
The changes are part of Pi Network’s ongoing efforts to enhance scalability and ensure a smooth transition for users entering the Mainnet as the token unlock approaches.
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