Summary of 🚨 Pi Network: Biggest UPDATE EVER! (DO THIS NOW!) 🚨
Summary of Pi Network Updates
The video discusses critical updates regarding the Pi Network, emphasizing the urgency for users to complete their KYC (Know Your Customer) applications and migrate their Pi coins before key deadlines. Here are the main points:
- KYC Deadline: Users have until September 30th to start their KYC application. Failing to do so could result in losing access to their mined Pi coins.
- Mainnet Migration: After submitting the KYC application, users have until December 31st to complete the migration to the Mainnet. This migration is essential for retaining access to their coins.
- Mainnet Launch Timeline: The anticipated launch of the Mainnet is projected to be between December 2024 and February 2025.
- Price Expectations: Current speculative pricing shows Pi at around $31.49, but the actual price will be determined once it hits exchanges. The total supply is estimated at 100 billion tokens, which could lead to unrealistic market cap expectations.
- Peer-to-Peer Trading: In Nigeria, Pi is reportedly being traded between 300 to 500 naira. Caution is advised due to the potential for scams in peer-to-peer transactions.
- Three-Step Plan for Users:
The video stresses the importance of taking action quickly and being prepared for the upcoming changes in the Pi Network to avoid losing investments.
Main Speaker
The speaker appears to be a YouTuber focused on cryptocurrency updates, addressing the Pi Network community directly.
Notable Quotes
— 00:04 — « I'm about to drop a truth bomb that'll make your crypto senses tingle. »
— 00:49 — « This is your D-Day for getting that kyc application started. »
— 02:52 — « Take those online prices with a whole Shaker of salt; they're about as reliable as your ex's promises. »
— 03:59 — « We don't know exactly what pie is going to be worth when it hits the exchanges, but isn't that part of the thrill? »
— 05:03 — « Let's ride this pie rocket to the moon. »
Category
Technology