Tl; Dr.
- Pi Network introduced a new solution that could accelerate the verification process.
- Pi reportedly debuted about the Solana Blockchain. However, the price of token remains on the day and far away from his peak levels that were observed earlier this year.
The new function
The team behind Pi Network unveiled Fast track KYC-a new function that is designed through further integration of AI into the Know-Your-Customer process. Pioneers and non-users are allowed to complete it to participate in the Mainstet ecosystem “earlier than ever before.
“This update builds on PI’s expansion of the eligible portfolio -activity -where KYC’D -individuals can now activate portfolios, even before they complete Mainstet migration -and continues the network mission to increase accessibility while retaining strong safety standards,” is the notice.
With an activated minstet wallet, new pioneers can deal with various PI network-related applications, local trade and ecosystem events. Nevertheless, Fast Track KYC does not allow minne migration, and Molle Baldi are not transferred Until the user is fully eligible and completes the mandatory checklist.
Nevertheless, the newly introduced function marks an important milestone for the PI network, because it makes a quick wallet activation possible for verified users. The external provider of the project, Banxa, is therefore no longer the only solution that offers onboarding options.
Fast Track KYC supports the ultimate goal of PI Network to create a tool-driven digital ecosystem that is powered by verified real users.
“By enabling new pioneers to participate earlier, this function is expanding the possibility of involving a larger verified audience, that supports developers and accelerates the use and testing of ecosystem apps,” the team added.
How does it work?
New users of PI Network are required to complete at least 30 mining sessions before they can submit a standard KYC application. The team admitted that this has created a “natural delay” between becoming a member of the network and interaction with the Mainstet ecosystem.
Fast Track KYC removes that barrier and allows users with fewer than 30 mining sessions to withstand an early identity verification process and to activate their Mavet wallet.
“Be eligible, users will see this option directly in the PI wallet app, so that they can start KYC and, once verified, get immediate access to the Pi -Minnet wallet and his utility programs,” says disclosure.
Pi and Solana?
The updates around the controversial crypto project do not end here. Earlier today (September 19), the X user Moon Jeff claimed That Pi has officially made his debut on the Solana Blockchain.
“With Solana’s lightning-fast transactions and scalable ecosystem, this marks a historic milestone for the PI network,” he said.
The price of PI did not use the good news and mapped a small decrease of 0.5% on a scale of 24 hours. Currently it is traded at around $ 0.35, which represents a significant fall of 90% compared to the all times of $ 3 reached at the beginning of 2025.