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Pi Network New Feature: .pi Domain Overview and the Possibility of a Blockchain Revolution

Pi Network has introduced a groundbreaking new feature, “.pi domain,” as part of its ecosystem expansion. This article provides a thorough explanation of the details of this innovative domain system, the auction process, and its future potential.

What is the Pi Network .pi Domain?

The .pi domain is a unique domain extension officially announced by Pi Network on “Pi Day,” March 14, 2025. Similar to .com, .net, .org, etc., used in the traditional internet, it functions as an address in the digital space, but it is specifically intended for use within the Pi Network ecosystem.

Nicolas Kokkalis, founder of Pi Network, stated about this domain system, “Just as traditional domains shaped the internet, .pi domains have the potential to transform how we connect, interact, and build within and outside our digital space.”

Differences from Traditional Domains

While .pi domains function similarly to traditional domains in their basic capacity, there are several key differences:

Web3 Environment: .pi domains function as digital identities or storefronts within the social network of Web3.
Blockchain Technology: The acquisition process (auction and bidding) utilizes blockchain technology, with payment accepted only in Pi coins.
Access Method: Primarily accessible directly via Pi Browser or compatible services. Accessible through general browsers (like Chrome or Safari) via the “.pinet.com” extension.

Details of the Auction System

Pi Network employs an auction format for the distribution of .pi domains. This auction began on March 14, 2025, and is scheduled to end on June 28, 2025 (Pi2day).

Key features of the auction:

The highest bidder for a domain acquires exclusive usage rights for that domain.
Multiple domains can be bid on simultaneously.
If a new bid is placed within the final 24 hours of a domain auction, the auction for that domain is automatically extended by 24 hours.

Current Auction Status

According to Pi Network’s official blog announcement, there has been astonishing participation within just one week of the auction’s start:

Over 200,000 bids
Over 40,000 unique bidders
Valid bids on over 95,000 domains
Total valid bids in the auction exceed 2.9 million Pi
The highest bid amount is 30,000 Pi

Domains bearing the names of famous companies such as amazon.pi, facebook.pi, google.pi, and samsung.pi are attracting particular attention. High bids have already been placed on these domains, with bids as high as 30,000 Pi observed.

Pi Network Domain Auction: Over 200,000 Bids and Developer Program Outlook

How to Use .pi Domains and Future Potential

.pi domains can be utilized for various purposes within the Pi Network, including businesses, applications, and personal branding. Specific use cases include:

Accessing Pi-based applications
Building online storefronts
Distributing digital content
Establishing personal branding and online presence

Many Pi community members believe that .pi domains have the potential to hold value similar to .com domains in the past. Acquiring these domains early could result in valuable digital assets in the future.

Accessibility Concerns and Solutions

Some community members have raised concerns regarding the accessibility of .pi domains outside the Pi ecosystem. A challenge is that .pi domains operate entirely within Pi’s blockchain environment and thus cannot be accessed directly by traditional browsers.

To address this concern, Pi Network offers the following solutions:

Access via Pi Browser
Access from general browsers through the “pinet.com” extension (e.g., “joe.pi” can be accessed as “joe.pinet.com”)
Potential for expanded compatibility with other wallets and browsers in the future

However, Pi Network has explicitly stated that there is no guarantee that .pi domains will be adopted by traditional browsers.

Developer Domain Reservation Policy

Pi Network provides special consideration for existing Pi community app developers. Apps that comply with the Ecosystem Listing Guidelines and complete the PiNet migration by May 28, 2025, can secure a domain without participating in the auction.

This measure aims to support developers who have contributed to the long-term development of the Pi ecosystem and promote the continued growth of the ecosystem.

Use of Auction Revenue

Pi Network has announced that all Pi coins obtained from the sale of .pi domains will be used to support the Pi ecosystem, including developer programs and events. This ensures that the funds collected through the auction are reinvested into the overall development of the ecosystem.

Trademark and Copyright Concerns

The auction of domains bearing famous brand names such as google.pi has also raised concerns regarding trademarks and copyrights. Pi Network has published the “Auction Domain Name Issuance Disclosure and Policy” document, providing official information regarding compliance, trademarks, rights, and more.

Regarding a long-term solution to this issue and the possibility of these companies actually seeking their own-branded .pi domains, future developments will need to be closely monitored.

Significance for the Pi Network Ecosystem

The introduction of .pi domains is a significant milestone in Pi Network’s ecosystem expansion strategy. This feature is expected to have the following effects:

Increase in practical use cases for Pi coins
Standardization of branding and identification within the ecosystem
Promotion of developer and user participation in the ecosystem
Long-term value creation and demand increase for Pi coins

While many cryptocurrency projects focus on short-term price increases and exchange listings, Pi Network is characterized by its focus on building a practical ecosystem.

Conclusion

Pi Network’s .pi domain is an innovative initiative that means more than just a domain extension. By integrating blockchain technology with traditional internet infrastructure, it proposes a new form of digital identity.

The high participation rate and interest in the auction indicate the Pi Network community’s expectations for ecosystem development. How .pi domains will contribute to the growth of the Pi Network ecosystem in the future, and how they will coexist with traditional internet domain systems, will be an important indicator for the development of Web3.

Pi Network users are encouraged to consider taking advantage of this new feature and participate in the growth of the ecosystem.

Pi Network’s .pi Domain Auction: Complete Guide to Mechanism, Statistics, and FAQ

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On March 14, 2025, Pi Network launched the “.pi Domain Auction” as part of its ecosystem expansion, commemorating its 6th anniversary. This auction is a new feature allowing Pi Network users (Pioneers), businesses, and developers to acquire blockchain-based domain names. This article delves into the details of the .pi Domain Auction, current statistics, and explains the technical mechanism and use cases of .pi domains.

What is Pi Network’s .pi Domain Auction?

The .pi Domain Auction is positioned as a crucial step to expand the Pi Network ecosystem. In this auction, Pioneers, businesses, and developers can bid for and acquire unique .pi domain names using Pi currency.

Nicolas Kokkalis, Founder and Head of Technology at Pi Network, stated, “Just as traditional domains shaped the internet, .pi domains have the potential to transform how we connect, interact, and build within and beyond our digital space.”

Basic Auction Information

Start Date: March 14, 2025 (Pi Day)
End Date: June 28, 2025 (Pi2Day)
Minimum Bid: 10 Pi
Eligibility: All members of the Pi Network community (including individuals who can acquire Pi through centralized exchanges)

Auction Mechanism

Participants access https://domains.pinet.com via the Pi Browser, are guided to relevant products (such as Pi Wallet), and complete their bids. On the auction interface, they enter the desired domain and place a bid for it. The highest bidder wins the exclusive right to use that domain.

A key rule is that if a new bid is placed within 24 hours of the scheduled end time for a specific domain’s auction, the auction period for that domain will automatically be extended by 24 hours. This ensures a fair opportunity for all participants.

What are .pi Domains? Technical Mechanism and Scope of Use

.pi domains are digital identifiers built on Pi Network’s unique blockchain technology. While similar in function to traditional web domains (.com, .jp, etc.), they have a special mechanism primarily used within the Pi Network ecosystem.

How to Access .pi Domains and Compatibility

Via Pi Browser: Within the official Pi Network browser, direct access is possible in the format “example.pi”.
Via Traditional Browsers: In browsers like Chrome or Safari, access is possible using the extended format “example.pi.pinet.com”. However, this compatibility is limited and is primarily intended for use within the Pi ecosystem.

.pi Domain Use Cases and Potential

.pi domains have a wide range of potential use cases, including:

Business Use: Utilize as an online store or brand website to increase visibility and facilitate transactions within the ecosystem.
Personal Use: Utilize as a user’s own digital identity to build blogs or portfolio sites.
Developer Use: Utilize as a hosting platform for Pi ecosystem applications and decentralized services (dApps).

.pi Domain Auction Statistics (As of March 22, 2025)

The .pi Domain Auction recorded astonishing participation rates in just one week since its launch:

Total Bids: Over 200,000
Unique Bidders: Over 40,000
Domains with Active Bids: Over 95,000
Total Active Bid Amount: Over 2.9 Million Pi
Current Highest Bid: 30,000 Pi

Expectations and Challenges for .pi Domain Introduction

While many expectations are placed on .pi domains, some challenges have also been pointed out:

Expected Benefits

Value as a Digital Asset: .pi domains acquired in the early stages may hold high value in the future.
Community Strengthening: Expected to play a role in strengthening the connection between Pi currency and services within the ecosystem.

.pi Domain Features and Functions

Comparison with Traditional Web Domains

.pi domains function as digital identifiers within the Pi Network ecosystem, similar to traditional web domains (.com, .jp, etc.). This allows businesses, applications, and individuals to establish a clear online identity or digital storefront within Pi Network’s social Web3 environment.

Scope of Use and Compatibility

.pi domains primarily function within the Pi Browser. Regarding compatibility with traditional browsers like Chrome and Safari, all .pi domains function through the pinet.com extension. For example, if your domain is “example.pi”, it can be accessed as “example.pi” in the Pi Browser and as “example.pi.pinet.com” in general browsers.

However, there is no guarantee that .pi domains will be adopted by traditional browsers, and they are primarily intended for use within the Pi Network ecosystem.

Frequently Asked Questions (FAQ)

Domain Acquisition and Management

Q: Can I bid on my username as a domain?
A: Yes, if it is available.

Q: Can I bid on multiple domains simultaneously?
A: Yes, you can bid on multiple domains at the same time.

Q: Can I cancel or change my bid after placing it?
A: If you are a Pioneer and placed a bid using the transferable balance feature, you can withdraw it anytime before the auction ends. However, if you are not yet a Pioneer (e.g., from an exchange) and placed a bid through standard payment, refunds will be processed after the auction ends on June 28, 2025.

Q: What happens if I don’t renew my .pi domain after the initial ownership period?
A: If you do not renew your .pi domain, it will eventually become available for others to register, similar to standard domain expiration in Web2.

Auction Revenue and Purpose

Q: Where does the revenue from domain sales go?
A: All Pi generated from the sale of .pi domains will be used to support the Pi ecosystem, including developer programs and events.

Information for Developers

Q: Can developers who have already built Pi apps reserve domains?
A: Yes. Pi community apps that comply with the Ecosystem Listing Guidelines and complete PiNet migration by May 28, 2025, can secure domains without bidding under specific requirements and limitations.

.pi Domains from an SEO Perspective

For regular web domains, including keywords in the domain name is considered from an SEO (Search Engine Optimization) perspective. However, since .pi domains primarily function within the Pi Network ecosystem, different considerations are needed compared to traditional SEO strategies.

However, from a branding perspective, choosing a domain name that is memorable, easy to type, and easy to pronounce is important. This is not only valuable for word-of-mouth advertising but also relates to processing fluency, an implicit cognitive bias where we better remember and have more positive associations with things we can easily say or think about.

Summary: Significance and Outlook of the .pi Domain Auction

Pi Network’s .pi Domain Auction is an interesting initiative that combines the establishment of digital identity with the practical application of blockchain technology. This auction provides a practical use case for Pi currency and serves as a crucial infrastructure layer to facilitate transactions and interactions within the Pi Network ecosystem.

The high participation rate in the auction demonstrates the vibrancy of the Pi Network community and confidence in the platform’s future potential. How .pi domains evolve and contribute to the growth of the Pi Network ecosystem will become clear in the coming months.

Pi Network users have the opportunity to establish their unique digital identity through this auction while participating in a practical use case for Pi currency.

Challenges and Concerns

Accessibility Limitations: The specification that access is not possible from outside the Pi Network may be inconvenient for some users.
Trademark Issues: There is a risk of legal issues arising in cases where famous brand names are listed.
Lack of Transparency: Concerns about the core team’s management system have also been pointed out by some in the community.

.pi Domain Revenue and Contribution to the Ecosystem

All revenue generated from .pi domain sales is reinvested into Pi ecosystem development. This includes costs for developer programs and hosting events. This is expected to lead to the continuous creation of new services and projects.

Summary: The .pi Domain Auction and Its Future Vision

.pi domains are not just digital identifiers; they play a crucial role as tools for building digital identity and facilitating transactions in the new Web3 era. This initiative not only improves the practicality of Pi currency but also provides new value to the entire community.

The .pi Domain Auction has just begun, but its success will become clear in the coming months. If you are interested, why not take this opportunity to participate and get your own .pi domain?

Pi Network Domain Auction: Over 200,000 Bids and Developer Program Prospects

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Pi Network is attracting attention as part of its ecosystem expansion, celebrating its first Pi Day after the open network launch, with the .pi domain auction being a key focus. This time, we will provide detailed information based on the announcements made on Pi Day, March 14, 2025, regarding the latest updates on Pi Network, the status of the domain auction, and the future of the developer program.

Summary Article (from official website)
https://minepi.com/blog/pi-domains-faqs/

Domain Policy
https://minepi.com/auction-domain-name-issuance-disclosure-and-policy/

Learn more about domains here
Pi Network’s .pi Domain Complete Guide: From How to Buy to Auction Tips

Current Status of Pi Network Domain Auction

In the Pi Network domain auction, over 200,000 bids have already been placed, with over 40,000 unique bidders participating. This number clearly indicates the high level of community interest in acquiring domains.

Currently, over 2.9 million Pi are actively being used for bidding in the auction, demonstrating the 활발한 economic activity within the Pi Network ecosystem.

New Domain Auction Policy

Pi Network recently announced a new policy document regarding the domain auction. This document also includes answers to frequently asked questions, making it easier for users to understand the auction process.

“The domain auction is one of the important economic activities within the Pi Network ecosystem, providing community members with the opportunity to acquire unique domains for their apps and services.”

Improved Application Compatibility and Convenience

Pi Network’s .pi domains operate within the Pi Browser, and over time, other wallets and browsers may integrate this functionality. For compatibility with traditional browsers (like Chrome and Safari), all .pi domains will also function through the extension “.pinet.com”.

Browser Compatibility

For example, if a domain is “joe.pi” within the Pi Browser or a compatible third-party service, it can also be accessed as “joe.pinet.com” through any browser. However, there is no guarantee or promise that .pi domains will be adopted by traditional browsers.

How Domain Auction Revenue Will Be Utilized

The revenue generated from the domain auction will play a crucial role in the development of the Pi Network ecosystem. Specifically, it is planned to be utilized for the following purposes:

Supporting the developer program
Hosting events
Providing support to app developers

Through these initiatives, the Pi Network ecosystem is expected to become even more enriched, and the number of valuable services for users is anticipated to increase.

Benefits for Developers

Developers who complete the PiNet migration by May 28, 2025, and develop Pi community apps that comply with the ecosystem listing guidelines will receive the benefit of being able to secure a domain without bidding. This is an expression of gratitude to developers who have contributed early to the Pi Network ecosystem and a measure to enhance the value of their apps and services.

Bidding on Multiple Domains

Users can bid on multiple domains simultaneously. This expands the opportunity to secure the optimal domain for their project or business.

Important Auction Dates and Notes

Auction End Date

The current domain auction is scheduled to end on June 28, 2025 (Pi2day). If you are interested in a domain, you need to complete your bid by then.

Final Bid Rules

If a bid is placed just before the auction ends, specifically within the final 24 hours, or if a winning bid is lowered or canceled, the auction period for that domain will automatically be extended by 24 hours. This ensures a fair auction process.

Domain Ownership Transfer

The process for transferring ownership of domains won in the auction is also explained. Winning bidders will acquire ownership immediately after the auction ends and may be subject to potential future annual registration and maintenance fees similar to traditional internet domain fees.

Future Outlook

Pi Network also mentions future considerations regarding domains, and winning bidders may be subject to potential future annual registration and maintenance fees similar to traditional internet domain fees.

The Pi Network ecosystem continues to grow steadily, and the domain auction is a significant part of it. For developers and users, these domains are expected to hold value beyond just a web address, becoming important assets in Pi Network’s decentralized economy.

Summary

The Pi Network domain auction is showing excitement beyond expectations, with active community participation. Over 200,000 bids and an active bid amount of over 2.9 million Pi are a testament to the trust and expectation in the Pi Network ecosystem.

Pi Network continues to grow steadily, with initiatives like strengthening the developer program and improving application convenience. Further developments are expected towards the auction end date of June 28, 2025. We recommend keeping an eye on the latest Pi Network information.

The Complete Guide to Pi Network’s .pi Domain: From How to Buy to Auction Tips

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Pi Network has launched the long-awaited new feature, the .pi domain auction. This blog explains everything in detail, from what a .pi domain is, its value, how to purchase it, to important points when participating in the auction. Be among the first to participate in the next-generation Web3 domain utilizing blockchain technology.

Current Status of Pi Network and the Advent of .pi Domains

Pi Network officially launched its open mainnet on February 20, 2025, evolving into a fully decentralized ecosystem. This allows Pi tokens to be linked with external wallets and exchanges, and real-world use cases such as e-commerce and remittances are expected. The number of users who have completed KYC exceeds 19 million, with many users migrating to the mainnet (based on the latest data as of March 2025).

Appearing at this time is the ‘.pi domain’. Similar to traditional .com or .jp, it functions as an internet address, but its characteristic is being based on blockchain technology, making it a type of Web3 domain like .eth or .bnb. By owning a unique address like ‘yourname.pi’ or ‘business.pi’, you can establish your identity within the Pi Network.

Value of .pi Domains and Reasons to Own One

The benefits of owning a .pi domain are numerous:

Branding: Improve recognition with a domain related to your name or business
Future Potential: Potential for value increase with the growth of Pi Network
Scarcity: First come, first served as no identical domains exist
Participation in Web3: The first step towards the future of decentralized internet

Furthermore, basic elements that determine domain value include length, memorability, keyword importance, brandability, and versatility. For example, ‘sushi.pi’ is attractive for restaurants, and short, memorable domains have the potential for higher resale value in the future.

How to Purchase a .pi Domain: Step-by-Step

To participate in the .pi domain auction, you must have completed Pi Network’s KYC. The purchase steps are explained below.

Purchase from Pi App

Open the Pi mobile app
Tap ‘Pi Domain Auction’
Select ‘Go to Auction’
Unlock your Pi wallet
Search for the desired domain name
If available, tap ‘Bid’ and place a bid of at least 10 Pi

Purchase from Website

Access ‘domain.pi.net’ in Pi Browser
Click ‘Go to Auction’
Connect your Pi wallet
Search for the domain name and bid with ‘Bid’

If the bid is successful, 10 Pi or more will be deducted; if you lose, it will be refunded.

.pi Domain Auction Rules and Notes

The auction runs for approximately 106 days from March 14 to June 28, 2025, with the highest bidder winning. However, if a bid occurs within 24 hours of the end for a specific domain, the individual auction may be extended. The minimum bid amount is 10 Pi. Reserved domains (e.g., pinetwork) and inappropriate expressions are prohibited, and fees (e.g., 0.01 Pi for new bids) apply. Pioneers can flexibly cancel bids, but exchange users must wait for refunds until the end.

Types of Domains to Acquire Strategically and Examples

Examples of strategic domain acquisition, including .pi domains, are listed below.

Generic Domains

Words usable for a wide range of purposes. Examples: finance.pi, shop.pi

Region-Specific Domains

Those including region names. Examples: japan.pi, tokyo.pi

Emerging Industry/Trend Domains

Related to growth areas. Examples: nft.pi, game.pi

Short Domains

Short and easy to remember. Examples: abc.pi, pro.pi

Branding-Oriented Domains

Unique ones. Examples: quicko.pi, blueleaf.pi

Tips for Choosing Valuable .pi Domains

Prioritize personal or business names: For brand protection
Simple and easy to remember: Short and easy to pronounce
Generic words: like tokyo.pi or food.pi
Secure multiple: Place multiple bids within budget

Furthermore, predicting Pi Network’s growth trends and conducting market research is effective for choosing valuable .pi domains.

Summary: .pi Domains and the Future of Strategic Acquisition

.pi domains hold potential as digital identity and assets in the Web3 era. With the growth of Pi Network, the value of .pi domains may increase, and you can participate in the auction from March 14 to June 28, 2025, starting from a minimum of 10 Pi. For strategic domain acquisition, be mindful of shortness, versatility, and trends, and build your portfolio while checking market trends. Act early and secure your future digital assets.