PI Launch Network on OCCS, traders raise concern

The Pi Networking Master Token is set to the LIST on the OCCS starting from 20. February, but users heard concerns about potential trade risks.

In a recent announcementCRIPTO EXCHANGE Ok It was declared that it will add PI to trading markets on her platform. Users can start depositing pi for 12. February at 2:45 PM UTC. Spot trading officially begins 20. February at 8:00 UTC, while the withdrawal for PI will begin 21. February at 8:00 UTC.

The PI Network is a platform that allows users to use Mobile Application to me. The aim of the project is that the cryptocurrent will be used more accessible and reduce the impact on the environment. He claims that “decentralized peer ecosystem to peers” draws from model growth and referral.

According to the platform siteMainnet Pi Netvorske will officially launch 20. February 2025. at 8:00 UTC, crossing what he calls “Open Network Magnet.

“PI community takes a huge next step in achieving Pi Visions of the most convenient most convenient Peer-to-Peer Ecosystem and online experience, with a fuel pee, the gender token of Pi Networks,” the project wrote.

Although the Main for Pi Networks has not yet been launched, some exchanges are already displaying prices you for PI. The CRIPTTO Token serves as a token loaning debt between the two parties that are transferable through the same platform for CRIPTO Exchange, similar to the traditional document you.

Shortly after posting an OCCS notification, the price of IOs for Pi increased to almost 80% in the last 24 hours, according to data From coongeracko. PI’s price is currently standing at $ 86. In the past week, IOU price for PI network token jumped at 112% in the past week. PIs 24-hour trading strength is seated at $ 770,718.

Potential questions of Pi Networks

However, KS merchants have expressed concerns about potential risks that could result from the OCCS decision to list PI. One user by name @ asenup4 received in a mail If he was surprised that PI was listed on the OCCS, suggesting that it could point to the crossing to a centralized model.

It describes the PI network as “Nultural Mining Projects” that allows users to mine cryptically via mobile phone without significant barriers.

The user pointed out the risk of referral to the Pi Network User Mechanism, stating that the approach has the reports of the potential pyramid scheme.

According to the official statement of PI Network, users who want to participate in Mainnet BlocCchain will need to complete your user verification process for individuals and know your business verification for companies.

“All in all, Pi intends to be a secure Web3 space in which pioneers can have foreign connections with Pi who hold,” the protocol said.

However, @senup4 claimed that Chinese traders face difficulties in completing the KIC verification process due to limited slots or other system problems. Even if users are now starting the verification process, it may not be approved in time for the token lists.

As before export Cripto.NEVS, the first grace period for verification of KIC was postponed from 31. November to 31. December. He was postponed for the second time in December 2024. until 31. January, stating that millions of users did not migrate their tokens.

In addition, @Asenup4 noted that the development project for six years, which means that many of its users migrated with Web2 on the Web ecosystem, especially older users.

“If you want to attract new OKXS (users), do carefully. Don’t overcome older than your private keys,” the user said.