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1KV program on hold - info note (#5527)
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* 1KV program on hold - info note

* Update thousand-validators.md
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DrW3RK authored Jan 22, 2024
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slug: ../thousand-validators
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:::warning 1KV Program is on Hold. Please check this space again in Feb 2024.

Starting in February 2024, Web3 Foundation plans to share a new application form for the community validators that will include a KYC and KYB process.
Until then, all the applications submitted will be on hold. The 1KV program is undergoing a significant redesign, and the plan is
to make it more attractive to participate in, contributing to further decentralization of the Polkadot network (see [Nakamoto coefficients](https://nakaflow.io/)).

If you have any questions, please contact `[email protected]`

:::

The Thousand Validators Programme is an initiative by Web3 Foundation and Parity Technologies to use
the funds held by both organizations to nominate validators in the community.

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