Phase 3 must be where the exchange listing because how is this coin going to be spent on something in exchange if there is nothing we can do with the coin? But why asking for KYC. Is this for extorting the miners? 
This PI coin doesn't exist on any market, you can't buy it for BTC nor a product of someone. Those who mine the coins are just mining it for nothing.
This PI coin doesn't exist on any market, you can't buy it for BTC nor a product of someone. Those who mine the coins are just mining it for nothing.
Yes Correct! Getting rid of all the BAD actors, something Bitcoin has a BIG issue with (Big Corporation Mining fields)
LOL You proved them scam.
Your team should be grateful that someone mines your scam coin. Miners are chained by their necks. If you consider the miners as investors who tirelessly mine your scam coin, allow them to profit because it's called mutual relationship.