TL;DR
- Pi Community launched a brand new resolution that would velocity up the verification course of.
- PI reportedly made its debut on the Solana blockchain. Nonetheless, the token’s value stays in pink territory for the day and much away from its peak ranges noticed earlier this yr.
The New Characteristic
The group behind Pi Community unveiled Quick Observe KYC – a brand new characteristic designed through additional integration of AI within the Know-Your-Buyer course of. Pioneers and non-users are allowed to finish it to take part within the Mainnet ecosystem “sooner than ever earlier than.”
“This replace builds on Pi’s enlargement of pockets activation eligibility – the place KYC’d people can now activate wallets even earlier than finishing Mainnet migration – and continues the community’s mission to extend accessibility whereas sustaining sturdy safety requirements,” the announcement reads.
With a Mainnet pockets activated, new Pioneers can interact with varied Pi Community-related purposes, native commerce, and ecosystem occasions. Nonetheless, Quick Observe KYC doesn’t allow Mainnet migration, and mined balances is not going to be transferred till the consumer is absolutely eligible and completes the obligatory guidelines.
Nonetheless, the newly launched characteristic marks a major milestone for Pi Community because it permits fast pockets activation to verified customers. Thus, the undertaking’s third-party supplier, Banxa, is now not the one resolution that provides onboarding choices.
Quick Observe KYC helps Pi Community’s final objective of making a utility-driven digital ecosystem powered by verified actual customers.
“By enabling new Pioneers to take part earlier, this characteristic expands the power to have interaction a bigger verified viewers, which helps builders and accelerates the use and testing of ecosystem apps,” the group added.
How Does it Work?
New customers of Pi Community are required to finish at the least 30 mining periods earlier than being allowed to submit an ordinary KYC utility. The group admitted that this created a “pure delay” between becoming a member of the community and interacting with the Mainnet ecosystem.
Quick Observe KYC removes that barrier and permits customers with fewer than 30 mining periods to move an early identification verification course of and activate their Mainnet pockets.
“If eligible, customers will see this selection instantly inside the Pi Pockets app, permitting them to start KYC and, as soon as verified, achieve fast entry to the Pi Mainnet pockets and its utilities,” the disclosure says.
PI and Solana?
The updates surrounding the controversial crypto undertaking don’t finish right here. Earlier at the moment (September 19), the X consumer MOON JEFF claimed that PI has formally made its debut on the Solana blockchain.
“With Solana’s lightning-fast transactions and scalable ecosystem, this marks a historic milestone for Pi Community,” he mentioned.
PI’s value didn’t capitalize on the excellent news, charting a minor decline of 0.5% on a 24-hour scale. At the moment, it trades at round $0.35, representing a major 90% decline from its all-time excessive of $3 reached in the beginning of 2025.
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