The .pi domain auction has garnered significant interest in Pi Network's ecosystem, attracting Pioneers, businesses, and developers.
What are .pi Domains?
.pi domains represent a new frontier in blockchain-based digital identity, allowing users, businesses, and apps to establish a presence within the Pi ecosystem. Unlike traditional domains, .pi domains are deeply integrated with the Pi blockchain for secure ownership and operations.
Auction Highlights
Exclusive to Pioneers on the Pi Mainnet, the .pi domain auction has already seen impressive numbers: Over 200,000 bids, more than 40,000 unique bidders, 95,000 domains with active bids, and 2.9 million Pi staked. The highest bid so far is 30,000 Pi. Proceeds will support ecosystem development.
Significance for Pi Network
The auction's success demonstrates Pi's transition from a mobile-first cryptocurrency to a platform level utility, empowering community-driven app development. It highlights the open network's connection to external platforms, aiding the mission to make cryptocurrency accessible and functional.
The .pi domain auction strengthens the Pi community's engagement and highlights the growing role of cryptocurrency in digital commerce.
