This August, PI reported that over 6 million users transitioned into the mainnet, and 13 million users completed the Know Your Customer, disrupting the crypto community. However, the team still needs to communicate the launch date for the open mainnet.
Anticipation is building as we approach the 30th September deadline for the migration and the Know Your Customer exercise. An upcoming PI bridge talk show is scheduled for August 30, and investors hope the team will shed light on the issues raised. Notably, with a long history of ambiguity and delays, we can only hope for the best. The August 30th talk show will address issues like the network’s current status.
The PI team continues to make bold claims, such as creating a decentralised digital economy. However, many have apprehended the project’s plan, outlining the vagueness and indicating that the timeline of the developments has been slower than expected.
Despite a very obvious user engagement, the uncertainty surrounding the tokens’ mainnet launch is triggering doubt, and PI’s ability to meet user expectations remains to be questioned.
The PIUSDT was trading up 0.96% ($ 0.3316) at the time of writing.
This post was last modified on Aug 26, 2024, 19:44 BST 19:44