btc # ETh pi

The specific role of Fast Track KYC in the development of Pi Network
The Fast Track KYC strategy directly drives the project towards the next phase of development, as reflected in its role:
1. Accelerate the mainnet process:
· The term "Fast Track" itself indicates its purpose - to accelerate. Traditional KYC processes can be expensive and slow. The Pi Core Team aims to handle tens of millions of applications by designing a cost-optimized system primarily based on machine verification, supplemented by human verification, which is a key step for the project to launch successfully. Without large-scale KYC completion, discussing the opening of the mainnet is out of the question.
2. Protecting the interests of the true pioneers:
· As mentioned in the first point, KYC directly protects the interests of users who comply with the rules and mine genuinely. The value of the Pi coins you mine will not be rendered worthless due to the sell-off from fake accounts. Your labor is recognized and protected by the network.
3. Paving the way for Pi public utilities and ecological prosperity:
The long-term value of the Pi network lies not in "speculating on coins," but in its "utility" — that is, the ability to use Pi coins to purchase a wide range of goods and services. KYC is the key to unlocking all of this.
Only after completing KYC can users migrate their Pi coins to the mainnet wallet for the following purposes:
· Consume and experience various applications in the Pi browser.
· Pay Gas fees (transaction fees) on the future Pi public chain.
· Participate in ecosystem development, such as staking, voting, etc.
· Without KYC, Pi coins will always be "book numbers" and cannot be used in any real-world scenarios.
4. Achieving decentralization and community autonomy:
The ultimate goal of the project is complete decentralization. In the early stages, it is necessary for KYC to be led and managed by the core team. In the future, as the network develops, governance rights will gradually be transferred to the community. A verified and real community member through KYC will be the qualified entity to participate in governance and voting, ensuring that the network develops in the direction of the majority's interests.