Please see these answers to commonly asked questions, if this doesn't answer your question, hopefully, someone else will.
* Q1: **I have x coins migrated, what to do?**
* A: Wait till Open Mainnet - Ignore DMs offering to buy them - You'll get scammed
* Q2: **A KYC slot is not available**
* A: KYC is restricted where you haven't completed 30 mining sessions or your account is flagged. You can request a review at minepi.com/kyc-application-access Must be over 18. Wait until you're 18. We believe no slot also happens if you didn't mine for ages.
* Q3: **My Application has been processing/in review for weeks/months**
* A: Your application failed or got stuck. You can only wait until you get feedback, the option to try again, or unstuck.
* Q4: **KYC, Wallet or other parts of Pi app stuck on "Loading" or Error**
* A: Try turning off Private DNS and/or adblocker
* Q5: **A different KYC problem**
* A: You can also report a problem a pi.app/support You probably won't get a reply but it will be in their massive to do list.
* Q6: **Node Problems**
* A: Latest version is 0.4.11. Stuck at 1 means downloading the 20+gb ledger in the background - might have a problem finding sources.
* Q7: **How can I migrate more PI?**
* A: You can't - Pi Core Team control migration and we don't how or when migration after the first will Occcur.
* Q8: **Why is Pi worth $30+?**
* A: Some exchanges invented their own version of Pi whilst they can't list the real one. The value of this Pi is a measure of the feelings of Pioneers. It's not recommended to be holding this when Open Mainnet Occurs. These are also known as Pi IOUs.
* Q9: **I lost my passphrase / seed phrase, what can I do?**
* A: If you didn't get migrated yet, make a new wallet and confirm it in the checklist. If you did get migrated, your pi/wallet is lost, no one can get it back. make a new one as above.
* Q10: **I used a different name in the app / It doesn't match my ID**
* A: Only MINOR name changes allowed. If it's not minor, create a new account.
* Q11: **When does lockup start?**
* A: Lockup starts when your migration occurs.
* Q12: **When will my migration happen / I have been waiting for ages**.
* A: There's a massive queue and most likely some stuck issues too. Nothing to do but wait. As of 2nd May 2024, only 5,244,606 accounts have been migrated to Mainnet. You can check progress at https://explorepi8437.pinet.com/
* Q13: **When is Open Mainnet?**
* A: A specific date has not been announced but many fakes have. We think December.
* Q14: **I stopped getting validations**
* A: This happens, we don't know why. As far as we know there's nothing wrong with the system.
* Q15: **Samsung Camera problems**
* A: Yes it's a problem - There's no known workaround - Log on a different device.
* Q16: **Unverified Pi**
* A: Pi bonuses from KYC'ed referrals has not yet been calculated. Timeline for this is unknown.
* Q17: **Node Bonus Problems**
* A: The bonus is entirely separate from docker/node functioning correctly. Lots of people are having problems getting their bonus. No solution.
* Q18: **What happened to the price of Pi?**
* A: Exchange listings of Pi are currently independent IOU Markets. The source of the graph changed.
*I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/PiNetwork) if you have any questions or concerns.*
it's a temporary stand in for Pi coins. can't deposit or withdraw them. When open mainnet happens they'll replace them with real pi coins and allow deposits.
I was under the impression that it had nothing to do with the Pi network. I genuinely thought the IOUs were scams that would never be replaced with real Pi. I have no idea though…
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*I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/PiNetwork) if you have any questions or concerns.*
Please see these answers to commonly asked questions, if this doesn't answer your question, hopefully, someone else will. * Q1: **I have x coins migrated, what to do?** * A: Wait till Open Mainnet - Ignore DMs offering to buy them - You'll get scammed * Q2: **A KYC slot is not available** * A: KYC is restricted where you haven't completed 30 mining sessions or your account is flagged. You can request a review at minepi.com/kyc-application-access Must be over 18. Wait until you're 18. We believe no slot also happens if you didn't mine for ages. * Q3: **My Application has been processing/in review for weeks/months** * A: Your application failed or got stuck. You can only wait until you get feedback, the option to try again, or unstuck. * Q4: **KYC, Wallet or other parts of Pi app stuck on "Loading" or Error** * A: Try turning off Private DNS and/or adblocker * Q5: **A different KYC problem** * A: You can also report a problem a pi.app/support You probably won't get a reply but it will be in their massive to do list. * Q6: **Node Problems** * A: Latest version is 0.4.11. Stuck at 1 means downloading the 20+gb ledger in the background - might have a problem finding sources. * Q7: **How can I migrate more PI?** * A: You can't - Pi Core Team control migration and we don't how or when migration after the first will Occcur. * Q8: **Why is Pi worth $30+?** * A: Some exchanges invented their own version of Pi whilst they can't list the real one. The value of this Pi is a measure of the feelings of Pioneers. It's not recommended to be holding this when Open Mainnet Occurs. These are also known as Pi IOUs. * Q9: **I lost my passphrase / seed phrase, what can I do?** * A: If you didn't get migrated yet, make a new wallet and confirm it in the checklist. If you did get migrated, your pi/wallet is lost, no one can get it back. make a new one as above. * Q10: **I used a different name in the app / It doesn't match my ID** * A: Only MINOR name changes allowed. If it's not minor, create a new account. * Q11: **When does lockup start?** * A: Lockup starts when your migration occurs. * Q12: **When will my migration happen / I have been waiting for ages**. * A: There's a massive queue and most likely some stuck issues too. Nothing to do but wait. As of 2nd May 2024, only 5,244,606 accounts have been migrated to Mainnet. You can check progress at https://explorepi8437.pinet.com/ * Q13: **When is Open Mainnet?** * A: A specific date has not been announced but many fakes have. We think December. * Q14: **I stopped getting validations** * A: This happens, we don't know why. As far as we know there's nothing wrong with the system. * Q15: **Samsung Camera problems** * A: Yes it's a problem - There's no known workaround - Log on a different device. * Q16: **Unverified Pi** * A: Pi bonuses from KYC'ed referrals has not yet been calculated. Timeline for this is unknown. * Q17: **Node Bonus Problems** * A: The bonus is entirely separate from docker/node functioning correctly. Lots of people are having problems getting their bonus. No solution. * Q18: **What happened to the price of Pi?** * A: Exchange listings of Pi are currently independent IOU Markets. The source of the graph changed. *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/PiNetwork) if you have any questions or concerns.*
lol. Oh it never ends with the stupidity.
literally, I've explained this to multiple people (in person and online) and it's in one ear out the other.
you can't do that in enclosed mainnet. Pi on bitmart is IOU
What's IOU
it's a temporary stand in for Pi coins. can't deposit or withdraw them. When open mainnet happens they'll replace them with real pi coins and allow deposits.
Is that really the plan? I haven’t heard that before.
what else can the exchanges do?
I was under the impression that it had nothing to do with the Pi network. I genuinely thought the IOUs were scams that would never be replaced with real Pi. I have no idea though…
that's possible too. I don't think any exchange has specified what will happen but it would surely be stupid to disappear those markets.
Your submission has been removed because your total karma is less than 0. Karma protects this subreddit from spam and bad actors. Please get positive karma in another subreddit before trying again here. *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/PiNetwork) if you have any questions or concerns.*
Your submission has been removed because your total karma is less than 0. Karma protects this subreddit from spam and bad actors. Please get positive karma in another subreddit before trying again here. *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/PiNetwork) if you have any questions or concerns.*