btc # ETh pi

The specific role of Fast Track KYC in the development of Pi Network
The Fast Track KYC strategy directly promotes the project to the next phase of development, and its role is reflected in:
1. Accelerate the mainnet process:
· The term "Fast Track" itself indicates its purpose - to speed up. Traditional KYC processes can be costly 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 manual verification, which is a key step for the successful launch of the project. Without large-scale KYC completion, discussing the launch of the mainnet is out of the question.
2. Protect the interests of the real pioneers:
· As mentioned in the first point, KYC directly protects the interests of users who comply with the rules and mine honestly. The value of the Pi coins you mine will not become worthless due to the sell-off of fake accounts. Your hard work is recognized and protected by the network.
3. Paving the way for Pi utilities and ecological prosperity:
The long-term value of the Pi network does not lie in "speculating on coins," but in its "utility" – that is, being able to use Pi coins to purchase a variety 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 use:
· Consume and experience various applications in the Pi Browser.
· Pay Gas fees (transaction fees) on the future Pi public chain.
· Participate in ecological construction, such as staking, voting, etc.
· Without KYC, Pi coins will always be "account 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 the core team to lead and manage KYC. 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 a qualified entity to participate in governance and voting, ensuring that the network develops in the direction of the majority's interests.