Pi Network Sets Final KYC and Mainnet Migration Deadline for March 14 – Unverified Users Risk Losing Most of Their Holdings
Pi Network has officially announced that the final deadline for users to complete their Know Your Customer (KYC) verification and migrate to the Mainnet is March 14, 2025, at 8:00 AM UTC.
Users who fail to meet this deadline could forfeit the majority of their Pi holdings, except for coins mined within the last six months before migration. The team has emphasized that this is the last extension of the Grace Period, with no further delays planned. Unverified accounts will be excluded from the next phase of the project’s development.
As the deadline approaches, many Pi Network users, known as Pioneers, are raising concerns about ongoing technical issues preventing them from completing the verification and migration processes. Reports from community forums and social media indicate that thousands of users are facing persistent verification loops, delays, and glitches within the Pi Network app, making the process difficult to finalize. An estimated 80% of affected users have been unable to verify their balances, leading to frustration and uncertainty within the community.
Potential Consequences for Inactive or Unverified Accounts
Pi Network has reaffirmed that users who do not complete both KYC verification and Mainnet migration by the deadline will lose most of their previously mined Pi. The team views this milestone as a crucial turning point, coinciding with the platform’s sixth anniversary.
Amid the looming deadline, speculation about a potential price surge for Pi Coin remains high. However, over the past week, Pi has seen a 17% decline in value. In the last 24 hours, the cryptocurrency has recorded a modest 2.84% gain, trading at $1.42 at press time, with a price range between $1.25 and $1.55.
