Pi Network's 100K Free KYC Quota - Detailed Guide

Start updating notifications on the Pi app home screen on the day of August 29, 2020.

This batch will first go through all the steps with Yoti, don't worry if you don't have one. Likewise, everyone can do KYC and must enter stage 3 of KYC. Sooner or later, if this solution fails, Core Team will update another solution, leaving no one behind!

We will announce 100,000 free KYC slots to Pioneer in the coming months. Starting August 29th, our system automatically selects Pioneers based on their potential past and future contributions to Pi, including Node, platform, community, and level. Interaction...Click "Read More" to read more information as shown below.

 Article section Why do we need KYC?
How does the current KYC work?
Now, what does KYC allow Pioneer to do?
What are the screening criteria and processes to have 100,000 free KYC?
Step 1: Receive KYC notification information in APP Step 2: The most important step, this time it is passport + GPLX, it is free.
Step 3: If you have a passport and it has been confirmed by YOTI

Why do we need KYC?

Pi Network's vision is to build the most widely distributed and comprehensive cryptocurrency and economy for everyone in the world. The mining mechanism of Pi Network is based on existing social network links, and as the network size increases by 10 times, the mining speed will be halved. So Pi's strict policy is one account per person. This requires a high degree of accuracy to determine that members of the network are real people to prevent individuals from accumulating Pi by improperly creating fake accounts. In addition to providing different technological solutions for detecting, preventing and eliminating fake accounts to enforce per capita policies, KYC also provides another safeguard to ensure humanity. real web.

How does the current KYC work?

Pi KYC is currently performed by a third-party KYC provider. While many countries currently require documents limited to passports, this authentication solution provides the authenticity we are currently looking for, while also protecting rights. everyone's privacy. Member privacy is the guiding principle of Pi Network. Pi Network does not care much about the content of the data you submit in KYC and the authenticity of your identity. Pi Network deeply respects the privacy of its members and is committed to minimising invasion of member privacy while keeping the currency safe. All Pi KYC processes will only be initiated from the Pi app on your phone and you will be notified if you are selected in this app.

We recognize and hear that it is difficult for some pioneers to obtain passports, and we want to develop a decentralized, reliable, low-cost and free KYC process that can be customized for the Pi community without Pi in the future. The ultimate goal is to allow every true pioneer in the network to prove their humanity to Mainnet through KYC or ultimately. Discussions about future KYC solutions are also likely to be the subject of the upcoming Pi Convention, and we welcome innovative ideas from Pioneers.

Now, what does KYC allow Pioneer to do?

Currently, we mainly use KYC to enable Pioneers to run Nodes in Pi Testnet, become Pi Apps developers on our platform, use Pi App in Pi and perform transfer Pi applications are the backbone of Pi's economic ecosystem construction. Ultimately, every Pi member will need to pass KYC in order to transfer their Pi to the Pi Mainnet.

KYC does not exempt Pioneers from non-compliance with Pi's policies and prohibitions, including selling Pi for exchange with other currencies, using any script to sell Pi accounts to others. They use automated accounts and create fake accounts. Even if Pioneer adopts KYC, prohibited actions may result in accounts already KYC being frozen, revoked, burned, or banned from the mainnet. Therefore, please do not engage in any prohibited activities. Following the Pi policy and being a real human being is the best strategy for protecting Pi.

What are the screening criteria and processes to have 100,000 free KYC?

Based on Pioneer's previous contributions to Pi, including Pioneer's time, node's time and reliability, node's level, the previously announced selection criteria will be worthwhile. Interact, grow the community, facilitate constructive chat and potential future contributions including Pi Node and Testnet, the Pi application platform, Pi's peer-to-peer economic launch, and building an ecosystem. Consideration of potential future contributions means that there will be recent and select pioneers, but overall, the distribution will have more pioneers joining than new pioneers.

We also considered the possibility of creating or linking fake accounts. In fact, we also invite KYC into some accounts that we believe are "fake" or "run automated scripts" so that we can do more research and evaluate the practical approach. If we confirm our suspicions, these accounts will apparently be excluded from their transfer from Pi to Mainnet.

We have also introduced a new KYC selection process, where our system automatically selects Pioneers daily based on the above criteria. Selected pioneers will be notified with a pop-up prompt in this app. On the in-app prompt, Pioneers will be asked to confirm that their identity in the country of issuance is correct. If so, they will do KYC in a third-party app. If not, that doesn't mean they won't be reselected. This batch of 100,000 KYC slots is likely to be re-selected if the system prompts that someone has passed KYC.

Step 1: Receive KYC notification information in the APP

Open a Free KYC Slot: You are selected to go through Free KYC within 24 hours while waiting for the required documents to be processed. KYC is identity verification that proves you are human, to get Pi on your Mainet you must pass this requirement. Do you want to do KYC in the next 24 hours?

With this information, congratulations on being selected for KYC and free. It's free to execute within 24 hours, so I urge everyone to be careful! If you like, follow the steps below.

Step 2: The most important step, this time passport + GPLX, it's free.

Currently, Pi Network is piloting KYC through Yoti - as a third-party app, the company provides top KYC services internationally. You just need to create an account, upload the documents as requested by Yoti, and wait for the KYC to notify Pi, you just follow the instructions, the clip below will do.

 hint:
Sorry if you don't have a passport or GPLX, that's ok. You have ID or other documents. The next step will be a bigger solution to help those with poor documentation!

Unfortunately, you cannot pass KYC at this time. You don't have the required documents to pass KYC right now. You may be reselected later. You can wait for other KYC solutions in the future that may require different types of documents, or prepare the required documents the next time you choose KYC.

Step 3: If you have a passport and it has been confirmed by YOTI

Then, this time it is very smooth, you can open the YOTI APP and pass the online certification smoothly. If you do not have a YOTI certificate, please click the link below to view details on how to operate YOTI.   Guide to using Yoti's KYC Pi account .

Don't worry if you don't receive a KYC notification within 24 hours. I expect official releases to be cyclical and to continue over the next few days. Some users who don't have passports or who do it improperly will be released to other users. If you are ready for KYC, don't worry, as long as you are fully prepared, it will happen naturally!

Congratulations again to the new KYC friends, the increase in the number of KYC users means that the development of Pi is about to enter a new stage, getting closer and closer to success!

Come and join PI NETWORK MINING

(20 seconds a day, 10 minutes a month, 2 hours a year!! How much is 2 hours worth to you? But for Pi's pioneer testers only spend 2 hours a year and do their own thing the rest)

The Pi app can be searched in Android's Play Store or Apple's App Store: PI NETWORK download, or download from the following link

Invitation code: kyle2051

iOS: https://apps.apple.com/us/app/pi-network/id1445472541

Android : https://play.google.com/store/apps/details?id=com.blockchainvault

If you need a code, enter kyle2051

 Tip: You don't need to keep the Pi app open, the Pi won't affect phone performance or drain battery power or use network data. You can even close the app after pressing the lightning button and you'll keep mining the Pi. The mining of Pi will stop every 24 hours, the lightning button is pressed once again, repeating every day until the end of the distribution