**Key Updates in the Pi Network (as of July 2024):**
1. **Transition to Mainnet:** - The network is still in the **"Enclosed Network"** phase, where transfers between users are allowed after completing KYC, but it is not connected to the outside world (such as exchanges).
2. **Improvements in the KYC System:** - Increasing the number of users who have completed identity verification through internal solutions and external partners to expedite the process.
3. **Developments in the App:** - Launching new features in **Pi Browser** and **Pi Wallet** to support decentralized applications (DApps) and enhance transaction security.
4. **Expanding the Uses of Pi Currency:** - Adding companies and platforms that accept Pi as a payment method (currently limited), with a focus on building an internal ecosystem.
5. **Community Growth:** - The number of active users ("Pioneers") has exceeded **55 million users** globally, with an emphasis on active participation.
6. **Environmental Sustainability:** - Emphasizing low energy consumption compared to networks like Bitcoin, as part of the marketing strategy.
7. **Future Steps:** - Working on fully opening the network (Open Mainnet) without a specific official date, encouraging users to complete KYC and build the ecosystem.
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)