Pi Network offers .pi domain names. Thus, the project took an important step towards expanding the Blockchain -supported ecosystem. This move will provide trouble -free access to pi -based applications, showcases and services. Despite these developments, Pi Coin has not been able to get out of the decline orbit.
Pi Network .pi started domain names!
The announcement was an important turning point for Pi Network, which started the Pifest 2025 simultaneously. In the last video, Nicolas Kokkalis, Founder and Technology President of Pi, stressed the potentials of the digital sector in a similar way by simulating .pi domain names to the traditional domain name system of the Internet.
In this context, Kokkalis said, “As traditional domain names shape the Internet, we know that today. Kokkalis described them as an important layer of infrastructure in Pi ecosystem. .
Domain names can only be obtained through a Blockchain -supported auction. Users can offer bidding using Pi Coin (PI) to secure their unique digital addresses. The auction will last from 14 March 2025 to 28 June 2025. Kokkalis said, “The domain auction gives everyone a lot of time to choose and offer their ideal digital identities. It also eliminates the risk of someone else’s identity to grab or pay more than them before them, ”he said.
There are also criticisms for domain names!
Despite the excitement, some community members expressed their concern about the practical practices of these domain names, especially their limited accessibility except Pi ecosystem. .Pi domain names work entirely in Pi’s blockchain environment. Therefore, they are not directly accessible through traditional browsers. Users should either trust the Pi browser or access it through the “Pinet.com” extension. A user at Reddit made the following criticism:
“.Pi domain names more like an address/user account on a closed LAN/Network. This brings almost infinite and disturbing questions such as governance, security, access network gate, guidance, encryption, package surveillance, legal surveillance, consumer rights and protection, autonomy. ”
Another major concern is that there is no regulatory supervision because the nuclear team has full control over the domain names. In addition, the listing of Google.pi at the auction for 2050 pI increased trademark and copyright concerns.
Is domain names a revolution for Pi Network?
On the other hand, many users provided strong support to the initiative. They argue that these domain names can gain great value in the future, just like .com domain names. One user said, “Most people are currently not able to see the full value of a. Progress quickly and those who guarantee the domain names early are now sitting on digital gold, ”he wrote.
Users also believe that if companies are forced to use the currency to obtain them, this movement can increase the adoption of the PI. In Reddit, another user underlined the following:
This is a marketing genius. Companies will come to buy trademark areas and take part in the Pi Network community, which will lead to a new technological revolution and the official adoption of blockchain technology. ”
Pi Coin price is moving in orbit!
While the initiative created mixed reactions, it has not yet turned into a positive price movement for PI. In the last 24 hours, the PI decreased by 8.7 %. During the article, it was traded for $ 1.36. In the last 14 days, Coin has experienced a dual -digit decline of approximately 18 %.
Pi Coin daily price graph. Source: coinmarketcap
