The whole world knows about the pyramid scheme of recruiting people.

The Pi Network FYB certification is a pioneering achievement in the history of Web3 development! In simple terms: ecological project parties need to undergo enterprise certification to develop DApps on-chain or connect ecological enterprises to the chain!
In fact, we can see from the π browser developer entrance that many ecosystems around the world are already queuing up to enter the π chain, and the Pi Network is very different from all existing public chains regarding enterprises or projects entering the chain!

Although various public chains are also open, anyone, whether good or bad, can freely come in to develop, resulting in a plethora of projects that exploit investors, leading to over 95% of the current first and second-tier markets being speculative tokens, becoming a playground for the opportunists!

The Pi Network addresses the chaotic pain points of the current Web3 through fundamental reforms. It conducts standardized KYB certification and review for ecosystems or enterprises connecting to the chain, and only after passing the review are they authorized to use the ecological wallet. Once they obtain the wallet, they can interact with user wallets for transfers.

This approach greatly ensures the authenticity and superiority of the Pi Network ecosystem, as projects that exploit investors find no fertile ground to survive and develop. They do not dare to come in and exploit investors because there is already enterprise KYB certification in place, and if they do exploit investors, all data evidence is retained on the chain, exposing them to the risk of criminal charges!

This move undoubtedly ensures the quality of the on-chain ecosystem while maximizing the protection of users' safety and interests! In contrast, various public chains currently on the market have become breeding grounds for exploitative projects and numerous on-chain gambling incubators, leading to the current Web3 evolving into a distorted, gigantic bubble of a financial market.

As a Web3 that has long possessed developmental genes and value, the Pi Network optimizes the genetic makeup of the Web3 ecosystem and is destined to be favored by global capital and individuals!