The Pi Network team has recently announced an update to the .pi domain auction, which now operates as a standalone app. However, the community expresses disappointment regarding the lack of significant updates.
Update to the .pi Domain Auction
The Pi Network team has announced an update to the .pi domain auction, now functioning as a standalone application with new features including statistics pages and email notifications. Despite these advancements, engagement levels remain low.
Limited Auction Participation Highlights Modest Impact
Piscan data indicates that the .pi domain auction has seen only limited participation since its launch over three months ago, with 3 million PI tokens pledged, equating to nearly $1.8 million. This is significantly lower than Pi’s daily trading volume exceeding $100 million.
Community Discontent and Challenges for the Ecosystem
Many community members are concerned that focusing on domain auctions diverts attention from more pressing issues affecting the network’s growth and adoption. Expectations are low for the new announcements ahead of Pi2Day celebrations unless they provide significant news.
While the update to the .pi domain auction comes with its advantages, the community calls for real changes and focus on the core issues facing the ecosystem.
