Pi Community in Crypto World is once again in discussion. Recently, Pi Core Workforce has taken a big step, taking out 14 million Pi Token from the exchange wallets and transferred to the Mainnet Wallets containing users. The main objective of this transfer is to strengthen decentralization and give more control over their tokons to users.
What is this whole matter?
Pi Community is a mobile-based crypto project that Graduates of Stanford University Dr. Nicholas Kokkalis and Dr. Chengdiao fan was started. The purpose of this network is to give common people an opportunity to participate in Crypto Mining through mobile phones.
Recently, Pi Core Workforce has successfully transferred 14 million pi tokens to the Mainnet Wallets of Pi Community, after the end of “Grace Period”. This means that users who Pi Community Kyc Had completed and activated his mainnet wallets, now he has got his toilets.
Dr. Nicholas Kokkalis statement
Head of Technology of Pi Community Dr. Nicholas also warned about this transfer:
“After the Grace Period is over, if the users do not secure their tookons, they may lose all the tooks except the tokans mined in the last 6 months.” Therefore, this transfer is also being linked to user education and token security.
What will be the effect on the market?
This transfer gives some important market gestures:
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Big step towards Decentralization – Now the token exchange is not in wallets, but users are in their own wallets, which has increased Possession.
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Alternate List expectation increased – Usually the project moves towards the project exchange listing only after transfer and KYC is completed.
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User activity likely to increase – When users get tokens, they are more active in the network, which strengthens the Ecosystem of the PI.
Will Pi Coin Women Change Change?
Although the trading of Pi Coin is not being done on public exchanges, such activities usually become a base of future price discovery. Many experts believe that when Pi Coin is listed on a large exchange, its value and demonic may have a big bounce. When such transfer in other projects such as Polygon and avalanche, there was a stir in the early market.
recently Pi Community Ventures Creation It has been introduced in which $ 100m has been invested in Startup, it will support both the fund startups and business. The purpose of this launch is to make Pi Token real digital currency.
What can be the future strategy?
This transfer indicates that Pi Core Workforce is now in the coming time:
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Pi can list the coin on an exchange.
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KYC can further accelerate procedure.
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Users can encourage active participants in the network application.
Conclusion
The mainnet transfer of 14 million pi token is a major achievement for Pi Community. This not only strengthens decentralization, but it also increases the trust and transparency in the network. It is a sign for investors and users that the project is slowly moving beyond its mining phase to real-world utility and possible market trading.
If you have not yet completed the Pi Community KYC or have not set up your Mainnet Pockets, do it soon because the next big step can be the alternate list, which can take the value of Pi Coin to new heights.
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