Pi Network drops migration roadmap, but no timeline in sight
The post Pi Network drops migration roadmap, but no timeline in sight appeared on BitcoinEthereumNews.com.
Pi Network has unveiled its long-anticipated Mainnet Migration Roadmap. The initial rollout will see millions of users—called Pioneers—transition to the open network. The plan also introduces new incentives, including referral bonuses for verified users. However, the network did not provide any anticipated dates or timelines. This has annoyed and startled many initial supporters. According to the roadmap, migration will take place in three key phases. First, Pi’s initial migrations will be done. This includes confirmed mining rewards, security circle rewards, lockup bonuses, app usage bonuses, and confirmed Node rewards for some. Secondly, it will implement referral mining rewards. But only if the referrals have undergone KYC (Know Your Customer) checks. The second phase will be initiated once the migration queue of the current version of Kin drives is completed. At last, Pi will initiate periodic migrations on a continuous time scale. The team says this could be once a month or once a quarter. But once again, no specific timetable was provided. Community flags gaps and raises concerns Several missing details have many Pioneers concerned. According to reports, some node operators have received rewards. But it remains unclear whom those payments are for and why. Without fair rules, early Node runners worry they might lose out. Meanwhile, some users have been dutifully clicking their “claim” button daily but have been surprised not to see their coins. They are wondering when base rewards and referral bonuses will finally come in. The user interface is a concern as well. The roadmap concedes that its “Transferable Balance” figure could be less than the actual amount. This has left many of the Pioneers fearing their real Pi coins are merely hidden or postponed. The network offers customers no visible solution to correcting mistakes if they find mistakes in their mining records, adding to the…
Filed under: News - @ April 19, 2025 6:17 am