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First, they announce that **202,547 votes (87.1%)** support a major listing—sounds great, right? ✅ Then, they backtrack, saying the final decision depends on: ✔ Roadmap ✔ Innovation ✔ Community strength ✔ Project quality
Fair enough—reputation matters! But here’s the **real question**… 🤨
If these strict standards apply, **why do meme tokens with zero utility get listed instantly?** Where’s the consistency?
Is it truly about quality, or is there something else at play? **Drop your thoughts below!** 👇🔥 #pi #crypto #Write2Earn
Community Vote Update: "Should PI be launched on Binance?"
We have received a total of 232,676 eligible votes between 2025-02-17 14:45 (UTC) and 2025-02-27 23:59 (UTC) and are pleased to share the final results of the vote: "Should PI be launched on Binance?": 87.1% voted “Yes”, with 202,547 eligible votes; 12.9% voted “No”, with 30,129 eligible votes
We appreciate the strong participation from our community on Binance Square. As stated at the start of the vote, while we value and consider the vote results they are for reference only and do not determine any decision or action Binance may or may not take. Binance has a strict due diligence process to decide which tokens or projects get listed and there’s an independent team within Binance that does the research and evaluation. Binance’s focus is always to provide users with access to a wide range of quality projects. Some evaluation criteria include and in no particular order: project quality and team, technological innovation & roadmap, market demand & community engagement, use case & practical applications; and security & compliance.
PiChain Mall has announced that it has completed the Know Your Business (KYB) verification document review stage, which is mandatory for doing business in the Pi Network ecosystem.
As per a recent post, PiChain Mall said, “Our team has been working on the Pi KYB process, and we’re delighted to announce that the documents we submitted for Know Your Business verification have been approved.”
Pi Chain Mall Completes KYB Verification, Source: X However, they still await the final endorsement from the Pi Core Team before they can effectively serve as a verified business.
KYB verification is an operation that validates the legitimacy, security, and regulation compliance of businesses within the Pi Network ecosystem. This keeps only reputable businesses participating, thus improving security for members of the community.
The verification is carried out by Synaps, a third-party verification provider tasked with checking and certifying applications. Companies applying for KYB approval are charged a registration fee of $89, which is the cost of verification.
Once properly approved, PiChain Mall will provide safer and more sophisticated services to the Pi Network community.
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We want to hear from you! We have been listening to the vibrant discussions within our community about Pi Network. To ensure your voices are heard, participate in our Community Vote on the topic:
"Should PI be launched on Binance?"
Cast your vote — either "Yes" or "No" — and share your thoughts in the comments under this post. You can only vote once and won’t be able to change your vote after submitting. Happy voting!
Vote Period: 2025-02-17 14:45 (UTC) to 2025-02-27 23:59 (UTC)