When will I receive KYC Invitation?

Pi Mass KYC exercise has begun. It's given out in batches. Just wait for your turn. You will receive a special invitation on your home screen immediately after you begin a new mining session, so you will not miss it. The option will be made available for an extended period to allow every Pioneer a fair chance to complete the process.

What is KYC?

Know Your Customer/Client (KYC) is the mandatory process of identifying and verifying the identity of account owners on Pi Network.

Why the KYC?

Pi aims to be the world’s most widely used and distributed cryptocurrency; in the hands of honest, distinct individuals. To achieve this, the network has a strict rule of one account per person. 

The KYC process is also a legal requirement intended as an anti-money laundering (AML) measure.

What is needed for the KYC?

You will need to present your government-issued photo ID card. The accepted ID cards depend on your country or region. But the general is:

• International passport
• Driver's licence
• National ID card

KYC demo video: youtu.be/uXhwP8PSCuQ

Again, Invitations are to be sure KYC is sent out daily to everyone. No site could process millions all at one time. There are over a 35+million pioneers. We must all be patient, follow the process, and trust the guys who built such a wonderful free project for us all.

IF YOU ARE ELIGIBLE FOR KYC, YOU'LL BE ABLE TO COMPLETE THE PROCESS.

You will be notified AT RANDOM BY A LARGE WHITE POPUP ON YOUR SCREEN WHEN YOU START YOUR MINING PROCESS FOR THE DAY when it's your turn to go through the KYC process.

If you see FETCHING DATA, wait a few minutes for the process to complete. If there is no response after 4 or 5 minutes, it's most likely due to the server being overwhelmed. Please try again during non-peak times when the servers aren't as busy.

There is no rush. EVERYONE WILL GET TO GO THROUGH THE KYC PROCESS!

Pioneers who have completed Step 7 of the Mainnet Checklist but have been waiting 5 days or more for their Mainnet Migration to occur: There are a few reasons which may be delaying their Mainnet Migration. 

- First, a check is performed that verifies the Pioneer has confirmed a wallet for migration that is not confirmed (Step 3) by another Pioneer. If the Pioneer is using a wallet address confirmed by another Pioneer, then the transfer is blocked until the Pioneer only confirms a wallet they have confirmed. 

- Second, the CT is delaying the automatic migration of large balances and will be transferring these balances manually for safety reasons. There is no timeline for when the large balance migrations will occur. 

- Third, there are additional checks before the Mainnet transfer even after all items on the checklist are checked, including additional sanctions checks and KYC status revaluation. 

- Fourth, migration is paused if the account’s transferable balance is lower than the minimum balance required by the blockchain.

Suppose a pioneer is identified by such checks as needing further review before migration. In that case, the CT is reviewing these cases and will update their status to be consistent with the results of these additional checks or release the migrations after the review is completed.

If you’ve been waiting, you are likely in one of these groups; please continue to be patient as the Core Team works to comply with regulations, KYC requirements and Pi policies, protect the network health and security, and ensure as much as possible that real Pioneers can safely secure their Pi.

🚛 Move migrated Pi to Available Balance

When you complete all steps in the Mainnet checklist, your transferable Pi will be migrated to Mainnet to your Pi wallet. After the 14-day pending period, in your Pi wallet you can move the unlocked portion of your Pi to Available Balance:

1. Unlock your Pi wallet in the Pi Browser app

2. At top of the screen select "Pi Mainnet" (green bullet)

3. Tap the "Migrations" button

4. Tap "Move" 

5. Tap "Confirm"

6. You will get a "Succes" pop-up: tap "Dismiss"

➡️ Your Pi has moved to Available Balance, and you can use it within the limitations of Enclosed Mainnet.

If the migration shows no available balance, you probably have to lockup your Pi coins 100%. So, you must wait for it to be available depending on how many years of your lockup configuration.

🚨🚨 Pioneers🚨🚨

IF YOU HAVE SUBMITTED YOUR KYC, IT IS BEING PROCESSED. IT IS IN THE QUEUE FOR THE VALIDATORS, AND THEY ARE WORKING QUICKLY AS THEY CAN PROCESS APPLICATIONS.

YOU WILL BE NOTIFIED ONCE IT IS APPROVED OR REJECTED.

IF IT IS REJECTED OR YOU NEED TO RESUBMIT, YOU WILL BE GIVEN INSTRUCTIONS AND A REASON WHY IT WAS REJECTED.

ℹ️ How do I earn KYC

Press the home screen's mining button (or lightning icon) to start a 24-hour mining session. After the 24-session, you may press the mining button to start a new mining session.

You can close the app and mining will continue, but please do not sign out. If you sign out of the app before the end of the mining session, the Pi mined during that session will be lost.

A successful KYC passed in just 5 to 15 minutes

There are many factors for KYC pending, review in progress or failure. One of them is the pioneer photo id (face) either too young vs the current, fat but now thin or reverse dark skin but now white. No hair, now got hair, photo with no color, etc. So, the best is to change to a NEW ID! 

* This is very...very important.

Your name on Pi is not the same / matches the name on the document. Uploaded the wrong document/ID.

Other factors for the KYC process. Not enough validators from your area, countries sanctioned & most importantly Millions are waiting for their turn. 

Solution: Wait for resubmission. How long? Nobody knows ( 3-months/6-months/1-year etc). Millions of KYC are in waiting.

One must be very careful before clicking the submit KYC button.

Don't worry. All KYC will pass as long as you are a human. It is a matter of time. 

CT will not leave anyone left behind. So, just wait for resubmission.

Be patient! 

Pi is scarce!

Keep mining!

⚠️ KYC – post by 🔰 dr.Nicolas – 𝐏𝐋𝐄𝐀𝐒𝐄 𝐑𝐄𝐀𝐃

All Pioneers, including old ones, are very important. Remember that last year’s hackathon’s original plan was for the community to create the KYC solution without the Core Team’s involvement. Still, it turned out that we needed to step up and build it ourselves due to complex legal constraints and the strict requirement to avoid charging Pioneers any Fiat currency costs and to support nearly all countries and regions, not just the populous ones.

We ended up with the only scalable KYC solution in the world that can scale to nearly every single country or region and can KYC millions of people without Fiat currency costs, using only the internal currency and the network’s members. I am very proud of what our community has achieved, along with all the Pioneer validators and the chat moderators. 

Are we there yet? No, we still have a way to go, as nearly half the network has not been invited to KYC yet, and we are working hard to get it done. Building a KYC solution is the only focus of other teams or companies, while for Pi Network, it is only just one stepping stone among the many things a complete blockchain ecosystem needs.

Additionally, our KYC solution separates real from fake accounts as well. This is challenging as we don’t want to misclassify ANY real pioneers as fake based on other signals we have from the past several years. So the algorithm is improving slowly but surely.

The enclosed Mainnet period works as a buffer when it takes the network to complete its KYC. So if you have not been invited or approved yet, know it’s a matter of time…. Thanks for your understanding, patience and best regards

All KYC will pass as long as you are a human. It is a matter of time. 

CT will not leave anyone left behind 💯. Just wait for your turn or resubmission.

🌷🌷🌷🌷🌷

Did you know without having all passed the KYC, the Pi network will not go to Open Mainnet?

Be patient! 

Keep mining!