CryptocurrencyForecast

The Pi Network Enclosed Mainnet is a period of time in which the Pi Mainnet blockchain is live but not yet connected to the outside world. This means that Pioneers can use Pi within the Pi Network ecosystem, but they cannot yet send or receive Pi to and from other blockchains or exchanges.
The Enclosed Mainnet period is designed to give the Pi Network team time to complete two important tasks:
1. Mass KYC verification: In order to protect the Pi Network ecosystem and prevent fraud, the Pi Network team is requiring all Pioneers to complete KYC verification before they can use Pi on the Mainnet. This process is underway, and the Pi Network team has reported that over 5 million Pioneers have already completed KYC.
2. Development of real utilities for Pi: The Pi Network team is also working on developing real utilities for Pi, including ecosystem infrastructure and platforms that enable utilities building by the community and external world. This will help to create a sustainable and thriving Pi Network ecosystem.
Once the Pi Network team has completed these two tasks, they will transition to the Open Mainnet period. During the Open Mainnet period, the Pi blockchain will be connected to the outside world, and Pioneers will be able to send and receive Pi to and from other blockchains and exchanges.
There are a few key benefits to the Enclosed Mainnet period:
Security: The Enclosed Mainnet period helps to protect the Pi Network ecosystem from fraud and other security threats.
Utility: The Pi Network team is using the Enclosed Mainnet period to develop real utilities for Pi. This will help to create a sustainable and thriving Pi Network ecosystem.
Community: The Enclosed Mainnet period is giving Pioneers a chance to learn more about the Pi Network and start using Pi in a safe and controlled environment.
The Pi Network Enclosed Mainnet is an important step in the development of the Pi Network ecosystem. The Pi Network team is working hard to complete the necessary tasks and transition to the Open Mainnet period as soon as possible.
For Pioneers:
The Enclosed Mainnet period is a good time to learn more about the Pi Network and start using Pi in a safe and controlled environment. You can do this by:
Completing KYC verification: If you have not already done so, please complete KYC verification as soon as possible. This will allow you to use Pi on the Mainnet.
Exploring the Pi Network ecosystem: There are a number of Pi Network apps and services that you can use during the Enclosed Mainnet period. These include Pi Browser, Pi Apps, and the Pi Wallet.
Providing feedback to the Pi Network team: The Pi Network team is always looking for feedback from Pioneers. You can provide feedback by visiting the Pi Network Discord server or by submitting a feedback form on the Pi Network website.
By participating in the Enclosed Mainnet period, you can help to build a stronger and more sustainable Pi Network ecosystem #pi #pinetwork #CryptocurrencyForecast