[vc_row][vc_column][vc_column_text css=""]Making the transition to the Open Network is Pi Network’s top priority and for this, it is calling upon its users to actively participate as KYC Validators.
The need for more Validators has been observed ever since the introduction of the Grace Period, and with its rapidly increasing KYC requests the Pi team has bolstered this reasoning significantly.
KYC or Know Your Customer serves the need of the hour to fulfill regulations and promote the system as it assists in assuring that all participants of Pi’s ecosystem or Pioneers are unique and genuine people.
Identifying local Pioneers to assist with heads of the Pi community in advancing its network’s governance over to the Mainnet. Other Pioneers in your region and you, are encouraged to take up the KYC validation.
The KYC process and its timeliness are directly improved by Validators, who check and approve other users’ KYC applications. Each of the KYC applications successfully cleared by Validators moves Pi Network towards the fulfillment of its Open Network aspirations.
What is crucial is that Validators have to be right all the time. The work done by Validators is compensated by the Pi network proportionately to how well the work was done as opposed to the number of submissions made. High-quality Validators will have a lot of tasks to do however those who are careless in their work may have their tasks minimized or paused altogether.
Nonetheless, satisfactory performance of tasks continuously and accurately can as well help a Validator retrieve a status that was earlier on lost. As for those who wish to come in as Validators, the Pi team encourages users willing to join as Validators to check the KYC app and proceed.
This is an excellent chance of participating in the expansion of Pi Network and receiving Pi for your actionable steps. The Pi users can join hands in pushing the network to reach the Open Network phase.[/vc_column_text][/vc_column][/vc_row]