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Pi Network Introduces .pi Domains – Will It Boost Pi Coin?

March 17, 2025
in Crypto News
Reading Time: 3 mins read
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  • Pi Network has introduced .PI domain names to drive new utility for the community.
  • Despite the debates around copyright claims, proponents see .PI as a key catalyst for PI Coin.

Pi Network has taken a bold step in the blockchain space, introducing .pi domains. This new initiative announced on Pi Day 2025 provides easy access to Pi-based apps, stores, and services, creating a more connected digital space.

Pi Network Founder Likens .pi Domains to Traditional Internet Domains

In a recent YouTube video, Nicolas Kokkalis, the founder of Pi Network, compared .pi domains to traditional internet domains. He said the new initiative has the potential to reshape digital interactions.

The announcement marks a major milestone for the network as it coincides with the launch of PiFest 2025. According to Kokkalis, it also represents an important part of Pi’s ecosystem. He added that the domain would give users a unique digital address, strengthening their online presence within the network.

The domains are offered through a blockchain-based auction. Users can bid using Pi Coin (PI) to secure their preferred domain names through an auction from March 14, 2025, to June 28, 2025. According to Kokkalis, this extended period gives users enough time to choose and bid on the right digital identity without rushing or overpaying.

Many Pi community members think .pi domains could become as valuable as .com domains did in the past. Some users can use the new domain to secure early digital real estate, similar to how early adopters of .com domains later gained valuable assets.

Despite the excitement, some users have raised concerns about the practicality of these domains. Unlike typical domains, users cannot access the .pi addresses using standard web browsers. Instead, the address works only within the Pi Browser or through a “pinet.com” extension.

As these domains operate within a closed network, users have also raised concerns about potential challenges related to legal protections, governance, and security. Others have also raised concerns regarding regulatory scrutiny, as the core team controls the domains. 

The “Google.pi” auction listing has also aroused speculation regarding prospective trademark and copyright issues.

Implications for Pi Coin

Despite these concerns, the initiative could increase the adoption of PI, as businesses will need to use the coin to buy their domains. They see this as an effective marketing technique that could increase interest in the Pi Network and blockchain technology.

The price of PI has declined in recent days despite the excitement surrounding the launch of .pi domains. As of this writing, PI was trading at $1.33, down 4.9% in the last 24 hours. The daily trading volume also dropped 34.7% to $315.4 million, suggesting continued downward pressure. 

Nonetheless, the .pi domain launch continues to create a buzz in the Pi community. It remains to be seen how successful and widely adopted these domains will become.

Launching the .pi domains is one of Pi Network’s latest initiatives. As mentioned in our earlier article, the network is considering implementing a price-pegging mechanism to reduce volatility and provide stability.

Meanwhile, the Coinbase exchange is reportedly considering listing PI on its network. Coinbase Chief Legal Officer Paul Grewal sparked interest in Pi Coin by sharing an image of pies featuring the Pi logo in an X post.


Credit: Source link

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