Pi Network (PI) Founders Answer Hot Questions: Are Pioneers Happy?

Pi Network founder Nicolas Kokkalis asserted that KYC and migration remain a priority.

Earlier this month, the Pi Network celebrated the first anniversary of the launch of the Open Network.

To mark the milestone, the co-founders of the controversial crypto project answered a series of questions to give users more insight into Pi’s future strategy, methodology, and current mission.

KYC And More

The co-founders, Chengdiao Fan and Nicolas Kokkalis, began by praising the “tremendous progress” in Pi Network’s work, application development efforts, and platform resource releases over the past year. The fan asserted that in the next 12 months, the team will focus on expanding its ecosystem by creating more opportunities for users.

They then moved to the first question: what makes the Pi Network different from other blockchains, and why is utility important? A fan described Pi as a “nonconformist,” emphasizing that it sets itself apart in several key ways. He emphasized that the project has never run an ICO, is built on a mobile-first approach, is free from mining, and has already gathered tens of millions of verified users worldwide.

From there, the discussion shifted to Pi Network’s emphasis on real-world applications. Fan explained that Pi’s vision has always focused on allowing tokens to participate in real economic activity rather than relying solely on abstract financial means. In his view, this approach is strengthened by Pi’s fully KYC-verified user base, which the team considers essential to support real-world assets and meaningful value creation throughout the ecosystem.

The next question, “What is the network doing now?” replied Kokkalis. He asserted that KYC and migration are coming first, adding that the team has started expanding KYC exits, opening up to more users, increasing speed, and enabling secondary migration.

“We’re also on track to release KYC verifier rewards this quarter in a secure and scalable way. In terms of tools and developer support, we’re supporting developers, lowering the barrier to building on Pi through improved tools and easy integration, including new tools like quick Pi payment setup, and ongoing support to help developers launch and scale real services,” he added.

In addition, Kokkalis said the team will continue to work on Nodes, protocol development, and components such as DEX functionality and liqduity pools.

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Perhaps the most important question that interests a large part of the public is the importance of the Know Your Customer process and what comes next. Kokkalis said the team has spent years developing a KYC solution, explaining that because Pioneers is spread across the globe, the system is needed to achieve geographic expansion and expansion.

The co-founder added that the large investment in the project was intentional, as identity verification is essential to the integrity and authenticity of the entire network. Looking ahead, he noted that the team intends to offer its KYC technology as a service to external projects, thus turning it into a capability that can support Web3 and traditional businesses.

PI and AI tokens

Another question from the founders centered on clarifying what the Pi ecosystem tokens actually are. A follower explained that those were coins created by the community and issued through Pi.

“As many of you know, the ecosystem tokens have already been released on the Testnet, and we are completing their implementation on the Mainnet. Although the technology and product are obviously important, we believe that the most important aspect of the Mainnet will be its design,” he added.

Fan believes the ability to issue tokens is Web3’s “key superpower,” however he thinks many coins in the crypto space are designed without real-world applications.

The final question focuses on the rapidly emerging field of Artificial Intelligence and how Pi Network plans to integrate that technology. Fan explained that AI is reshaping how value is created, making it essential for blockchain networks to support real-world production rather than relying on guesswork. He said Pi’s strategy is to build AI-powered apps using tools like Pi App Studio.

Are the Pioneers Satisfied?

If we look at the comments under the Pi Network anniversary announcement, many users continue to struggle with serious problems and urge the team to take immediate action.

Some Pioneers say they have been waiting five to six years to complete the necessary verification steps and migrate to the mainnet, yet they have not been able to do so. Others went further, calling the Pi Network a “dirty scam project.”