Pi Network’s new KYC sync feature lets users align verification status between PiApp and PiBrowser, streamlining access ahead of Pi2Day.
The Pi Network community is anxiously anticipating the upcoming Pi2Day celebrations, and in anticipation of this occasion, the platform has launched an innovative update to its Know Your Customer (KYC) process. Introducing a new synchronization feature resolves a critical pain point, establishing a more user-friendly and robust experience.
Pi Network Introduces a Novel KYC Feature
The Pi Network has implemented a new KYC feature before the eagerly anticipated Pi2Day on June 28, effectively resolving the long-standing data synchronization issue. The new feature enables “Pioneers to synchronize their KYC status between PiApp & PiBrowser,” as emphasized by a community member in an X post.
It is important to note that the new KYC feature is accessible through a dedicated “Synchronize Status on Mining App” option. The user composed a message on X.
If your KYC status in the KYC App shows as “KYC Passed” But your Mining App doesn’t reflect it, use this button to sync the status. It Benefits so many users to complete KYC if any synchronisation issues.
According to reports, this new feature effectively resolves issues such as the “tentative approval” status and endless migration status cycles. The approval status suggests that the evaluation is in progress and that further verification is required to achieve final clearance.
Pi Network Experiences Migration Chaos
Intriguingly, the KYC upgrade is released at a critical juncture as the platform continues to address its most recent migration challenges in anticipation of Pi2Day. The platform has encountered various problems, such as disappearing wallet balances, broken 2FA emails, and blocked KYC verifications. Additionally, the frustration was exacerbated by the numerous users encountering endless cycles and tentative approval statuses.
Additional technical complications encompass:
Two-factor authentication (2FA)
The issues were further complicated by introducing two-factor authentication (2FA). Numerous users reported not receiving confirmation emails or encountering error messages when attempting to authenticate their accounts.
Inconsistencies in Wallet Balance
Some users who successfully complete the procedure are experiencing an unexpected problem: their wallet balances are currently zero. Some individuals report that they briefly observed their coins before disappearing, while others witness their unlocked tokens disappear without reaching their mainnet wallet.
Delays and Bugs
The migration process was further disrupted, and the frustration was exacerbated by users’ complaints about problems and delays.
The Pi2Day Countdown Commences and Anticipation Increases
Significantly, the migration chaos and the KYC feature update coincide with the increasing buzz surrounding the forthcoming Pi2Day. The day, which is also known as Pi Day 2, is a commemoration for the Pi Network cryptocurrency community celebrated on June 28.
According to Pi Network, this occasion coincides with the conclusion of Q2 and promises to be a time of community engagement, updates, and excitement for the project’s future.
The Pi Coin is experiencing tremendous selling pressure in response to increased exchange deposits. The Pi Coin (PI) is presently in the red zone despite the growing anticipation of the day. At the time of publication, the value of Pi Coin is $0.5370, representing a 2.90% decrease. Nevertheless, the token’s trading volume has experienced a minor increase of 5%, currently standing at $93.59 million.
