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Giấy phép số 4978/GP-TTĐT do Sở Thông tin và Truyền thông Hà Nội cấp ngày 14 tháng 10 năm 2019 / Giấy phép SĐ, BS GP ICP số 2107/GP-TTĐT do Sở TTTT Hà Nội cấp ngày 13/7/2022.
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Tap-to-earn mobile mining network Pi Network has distributed its first KYC (Know Your Customer) validator rewards, marking a milestone in its decentralized identity verification model. The project says 18 million users were verified through 526 million completed validations, with rewards paid to 1,094,680 validators.
Pi Network reported that the first round of rewards has been distributed to 1,094,680 validators who completed 526,970,631 successful verifications to confirm 18 million “pioneer” identities. The network said this equates to nearly 30 checks per approved identity.
The project also described its process as prioritizing accuracy over speed. It uses both AI tools and human review, with each application broken into multiple smaller tasks that are reviewed by independent validators.
Pi Network said its KYC approach avoids relying on third-party identity firms. Instead, it uses a network of human validators to perform checks. The process includes steps such as reviewing a liveness video, verifying documents, and confirming photos and names.
According to the project, each step requires at least two independent validators to agree before approval. It added that applications with special requests may undergo additional checks, a design intended to help detect fake identities, including risks posed by AI-generated faces, deepfakes, and bots.
For each successful verification, validators received 0.05 Pi. Pi Network said this is about 22 times higher than the regular mining reward.
The total reward pool was reported at 16,568,774 Pi, with an additional 10 million Pi sponsored by the Pi Foundation. The project framed the structure as distributing both the verification work and the rewards across its community.
Looking ahead, Pi’s core team said it plans to introduce more KYC tasks, creating additional opportunities for community participation. While the first round of validator rewards has ended, Pi said users who missed it may still have another chance to validate identities and earn Pi in upcoming rounds.
Despite the update, Pi’s token price has not shown a strong move, trading near $0.176 and still down almost 70% from its all-time high.

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