Pi Network said it has surpassed 18 million KYC-verified users, highlighting identity verification as a key advantage over wallet-based growth metrics.
The network said more than 1 million validators completed 526 million checks, with each user undergoing around 30 verification steps to confirm unique identities.
“If eligible, users will see this option directly within the Pi Wallet app, allowing them to begin KYC and, once verified, gain immediate access to the Pi Mainnet wallet and its utilities,”
The Pi Core Team said.
Validators were rewarded with 26.5 million PI tokens, earning roughly 0.05 PI per task, significantly higher than standard mining rewards.
Despite the milestone, backlogs persist, with up to 44 million users at times stuck in “tentative” KYC status and some reporting delays of over two years. Following the announcement the Pi Network position was unchanged at $XX.
The platform has introduced a FastTrack system, verifying an additional 3.36 million users, though challenges remain in clearing the backlog.
With over 16 million users migrated to Mainnet, a gap remains between verified accounts and fully active participants, raising questions about scalability and user access.
At the time of reporting, Pi Network price was $0.1715.