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.
No sir, you are wrong for that. Pi is now listed on coingecko and traded to FUBT with a price of $0.347565
for your reference here's the link:
https://www.coingecko.com/en/coins/pi-network-iou#markets
https://www.fubt.co/#/TradeCenter/piusdt
But i agree in one of your comment above that what will happen if someone does not pass in the KYC? that is the very sad part of the story. I admit that me too, Im very pessimistic with KYC i don;t like it. But up until now i'll always follow their announcement and as far as i know the dev has a gut to show their face on public video. So let's watch the development.
Are you sure that is Pi listed on Coingecko? you talk so confidently and you haven't even checked all the information you have. because of that you just act incompetent and your efforts only hurt this Pi "project". of course if they have any authority, you can't hurt something that doesn't exist.
watch this carefully it's a notification from Coingecko page:
"This refers to IOU tokens. Main net launch of Pi Network is yet to take place. This is an IOU token. Check for announcement: https://fubthelp.zendesk.com/hc/en-us/articles/360040503052--New-Token-FU-BT-will-list-Pi-NETWORK-futures-on-March-14-2020"
Also this:
Quote
FUBT will launch Pi NETWORK futures in conjunction with several well-known communities in Pi NETWORK and support USDT innovation zone trading. Pi NETWORK futures will be exchanged with Pi NETWORK main net coin 1: 1 after the Pi NETWORK main net is officially launched.
Numbers which you have in his app is just a number and you can't trade them. Pi main network still not yet launched?! you all hold only "demo" tokens?
The pi network start to insert ads in their apps... That's a lot of money to earn with millions of mining users 
obviously this is the ultimate goal from there. Ads reselling.