The .pi Domain Is Active, But Pi Network Users Still Worry

Pi Network has taken a major step in developing its blockchain ecosystem by launching the .pi domain. Announced on Pi Day 2025, this new initiative allows businesses, developers, and community members to register personalized .pi domains. These domains provide easy access to Pi-based applications, stores, and services, creating a more connected digital space. A crucial moment for Pi Network This announcement marks an important milestone for the Pi Network, coinciding with the launch of PiFest 2025. In a recent video, Pi's co-founder and Chief Technology Officer, Nicolas Kokkalis, compared the .pi domain to traditional internet domains, suggesting they have the potential to change the way digital interactions work. “Just like traditional domains have shaped the internet, we believe .pi domains can transform how we connect, interact, and build in our digital space and beyond,” Kokkalis said He describes the .pi domain as an important part of the Pi ecosystem, providing users with a unique digital address, helping strengthen their online presence. How the .pi domain auction works These domains are provided through a blockchain-based auction, where users can bid with Pi Coin (PI) to acquire their preferred domains. The auction will take place from 14/3/2025 to 28/6/2025. Kokkalis explains that the extended auction time allows users enough time to carefully select and bid for a suitable digital identity without rushing or overpaying. The community is concerned about practicality Although many people in the Pi community are very excited about this launch, some users have expressed concerns about the practicality of these domains. Unlike traditional domains, .pi addresses cannot be accessed through regular web browsers. Instead, they only work in the Pi Browser or through the 'pinet.com' extension. Users also point out potential challenges related to governance, security, and legal protection, as these domains operate in a closed network. Another concern is the lack of legal oversight when the core team controls the domains. The auction list for 'Google.pi' has also sparked discussions about the possibility of encountering issues regarding trademarks and copyrights. The potential of the .pi domain Despite concerns, many people support Pi tin that the .pi domain name could become as valuable as .com domains in the past. Some users see this as an opportunity to own digital real estate early, similar to how the first .com domain users later acquired valuable assets. Others believe that this initiative could promote the use of Pi Coin, as businesses will need to use PI to purchase their domain names. They see this as a smart marketing strategy that can attract more attention to Pi Network and blockchain technology. Market reaction: PI price decreases Although the launch event created excitement, the price of PI has dropped in recent days. In the past 24 hours, the price of PI has decreased by 7.1%, and over the past two weeks, the price has dropped by 16.7%. Trading volume has also decreased by 9.8%, indicating a continuing downward trend.

Although the launch of the .pi domain has attracted attention in the Pi community, it is still unclear how successful and widely accepted these domains will be.