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There are over 18 million identity-verified users on Pi. But there is one clear difference between Pi’s users and others. 1 million verified users on Pi ≠ 1 million users on other networks. Most networks measure growth in accounts. Few measure it in verified users. There’s a difference. Pi recognized the importance of identity verification early on and that unverified account creation is simply not enough. Verified identities are needed for any meaningful transactions, especially in real-world economies. Any time an asset (like crypto, fiat currency, property, etc.) is transferred, it raises a basic question of identity: who is sending it, and who is receiving it. If those identities aren’t clear, it becomes difficult to trust that the transfer is valid or that it went to the right person. Therefore, Pi Network has built a fully KYC-verified Mainnet ecosystem. Because when users are verified: Spam drops. Trust increases. Utility becomes more reliable.