AI Integration to Accelerate KYC Verification
The Pi Network team has announced a significant artificial intelligence upgrade designed to make Know Your Customer (KYC) verification processes easier and faster, according to the latest Pi Network news. This advancement is expected to accelerate the Mainnet migration process for users.
The team stated that this update is strategically timed, preceding the token unlock scheduled for December, which could significantly influence the future price movement of Pi coin.
Recent updates on the official Pi Network blog indicate that the team has upgraded its KYC system by integrating the same artificial intelligence technology that powers the Fast Track KYC feature. This enhancement is anticipated to reduce the need for human intervention in the review process by approximately 50%, thereby enabling more Pioneers to qualify for Mainnet migration sooner.
The Fast Track KYC feature was initially launched in September to simplify the mainnet wallet setup process for both new and inactive users. The team previously explained that the former system created unnecessary bottlenecks, requiring 30 completed mining sessions before verification could even begin. The new approach is intended to clear this backlog and facilitate a smoother onboarding experience.
While Fast Track KYC alone does not trigger a Mainnet migration, it is now fully integrated into the Standard KYC flow, which is the pathway that ultimately grants access to Mainnet.
This update comes as the network prepares for a December token unlock, with the team expecting around 190 million tokens to be released. The estimated value of these tokens is approximately $43 million at current prices. The team believes these new upgrades will simplify the migration process for Pioneers, even with a reduced number of available validators.
Furthermore, the AI integration transforms Pi's validation resources into a broader platform utility. The system has the potential to support applications requiring identity checks or human-verified participation, offering developers a pre-built verification layer.
Updated Validator Rewards Structure and Mainnet Progress
The Pi Network team has also provided an update regarding validator rewards, announcing that the first validator payouts are scheduled for release by the end of Q1 2026. The team issued an apology for the delay, citing challenges related to reviewing a substantial backlog of data dating back to 2021.
Currently, approximately 17.5 million users have successfully completed KYC, indicating steady progress toward Mainnet migration. Of this group, about 15.7 million have already migrated to Mainnet. However, the team noted that roughly 3 million users have not yet completed all necessary verification steps and are urged to finalize these remaining checks to proceed with their migration.
In related ecosystem developments, Pi Network has been included in the European Union's Markets in Crypto-Assets (MiCA) framework. The team highlighted this listing as a crucial step for any project aiming to enter Europe's highly regulated cryptocurrency markets.
Additionally, in a previous Pi Network news update, the team announced a partnership with CiDi Games to integrate Pi into Web3 gaming. This collaboration is expected to create more engaging, Pi-enabled interactive experiences for Pioneers, thereby expanding user engagement with the network.