Pi Network distributes first validator rewards milestone

Pi Network has completed its first validator reward distribution, delivering payouts to eligible users after more than 526 million KYC validation tasks were processed.

The rollout began on March 14 and involved over one million validators verifying the identities of more than 18 million users globally.

The team said the milestone highlights the scale of its decentralised human workforce supported by AI-assisted verification tools.

“The completed work in KYC validation demonstrates the capability, consistency, and scale of Pi’s global, distributed human workforce,”

The project said.

Despite the milestone, Pi’s native token remains under pressure, trading around $0.17 as users raise concerns about delayed token migrations.

The project said it is working to improve its validator performance algorithm ahead of a second reward distribution phase.

While the network continues to expand its validation infrastructure, sentiment among users remains mixed as they await broader utility and token accessibility.

At the time of reporting, Pi Network price was $0.1708.