📢 𝗞𝗬𝗖 𝗣𝗛𝗔𝗦𝗘 𝟭 𝗨𝗣𝗗𝗔𝗧𝗘
Dear Grey Network Community,
We have now reached and crossed the 100,000 user mark set for participation in KYC Phase 1. As previously announced, only the first 100,000 users would be eligible to participate in KYC Phase 1. With this milestone now reached, we have drawn the line for Phase 1 and temporarily closed access to KYC for new users. New users joining the Grey Network community and ecosystem will have to wait for KYC Phase 2.
All users who joined within the first 100,000 and are participating in KYC Phase 1 will be able to complete their KYC before the stated closure date for KYC Phase 1. No Phase 1 user will be left behind.
We have also increased the daily capacity for KYC Step 2, Email & OTP Verification. Previously, only 300 users could complete Step 2 each day. This has now been increased to 600 users per day. This upgrade is aimed at clearing the Step 2 queue faster and moving more Phase 1 users through the KYC process every day.
As explained in our previous KYC announcement, we cannot give every user access to Step 2 at once. The previous approach placed significant pressure on our servers and affected the responsiveness of the app, making our platforms difficult to use. This is why we are gradually scaling the batching system, allowing us to increase KYC completion speed while maintaining a balance between platform reliability and KYC processing speed.
If you have completed Step 1, check your KYC Dashboard for your updated queue position and estimated unlock time. When your slot becomes available, request your OTP, verify your email and proceed with the remaining KYC steps when they become available to you. If you have not completed Step 1 yet, complete it now to secure your place in the Step 2 queue.
We will continue optimizing the KYC process as we move more Phase 1 users through verification while maintaining the reliability of our platforms.
The future is GREY NETWORK. 🩶
The Power is COMMUNITY. 🧡
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