Pi Network has introduced .pi domains aimed at enhancing its blockchain ecosystem by creating a more interconnected digital space.
Expanding the Pi Ecosystem
The .pi domain system was launched on March 14, 2025, during PiFest. Nicolas Kokkalis, the founder of Pi Network, highlighted the potential of .pi domains to transform digital identity, much like traditional domain names reshaped the early internet. These domains allow users and developers to secure personalized addresses, facilitating the expansion of the network. The auction will run until June 28, 2025.
Challenges with .pi Domains
Despite excitement around .pi domains, significant issues with their implementation exist. One major issue is the limited accessibility of domains, which are only available via the Pi Browser or 'pinet.com' extension. This could limit broader adoption. There's also a lack of decentralization, as domains are controlled by the Pi Network's core team. Moreover, there are trademark issues, such as auction listings like 'Google.pi,' which may lead to legal complications.
Will .pi Domains Revive Pi Coin’s Value?
Pi Coin's price has fallen by 16.7% over the past two weeks, despite the .pi domain launch. Although the network's market capitalization is around $10.26 billion, analysts believe Pi Coin may regain value if the community and domain system continue to evolve.
The launch of .pi domains brings both hopes and challenges for Pi Network. The future of the system will depend on its ability to address current issues and meet user needs.