The Pi Network Domain Name Auction Attracts Over 200,000 Bids

The auction of the .pi domain name of Pi Network has become a trending topic within its ecosystem. More than 200,000 bids have been made within less than a week since its launch on Pi Day 2025, demonstrating strong participation from pioneers, businesses, and developers. This increase in activity highlights the growing utility of the Pi coin as it expands its ecosystem into real-world commerce and digital interactions. With over 95,000 active domain bids and 2.9 million Pi staked in the auction, this event marks an important moment for the Mainnet community of the Pi Network. A look at the .pi domain The .pi domain represents a new frontier in blockchain-based digital identity. Like traditional Web2 domains, these unique identifiers allow individuals, businesses, and applications to establish a presence in the Pi ecosystem. Unlike regular domain names, .pi domain names are deeply integrated with the Pi blockchain, allowing for secure ownership, transfer, and operation. The protocol aims to use Web3 enhancements to enhance branding, accessibility, and commerce for Pioneers. For users in the Pi Browser, the .pi domain name like "joe.pi" serves as a digital store or seamless identity. Beyond the Pi ecosystem, these domain names can be accessed through the extension ".pinet.com" ( such as "joe.pinet.com" ) on older browsers like Chrome and Safari, bridging the gap between Web3 and traditional internet infrastructure. While older browsers may not ensure widespread adoption, the dual-access feature expands the reach of the .pi domain. Highlights of the auction: Key statistics and participation According to the update blog, the auction for the .pi domain, exclusively for Pioneers on the Pi Mainnet, has yielded impressive figures: Over 200,000 bids; Over 40,000 unique bidders; Over 95,000 domains with active bids; 2.9 million Pi currently being actively bid on; Highest bid to date: 30,000 Pi. These numbers reflect the enthusiasm of the Pi community. The highest bid is 30,000 Pi, highlighting the competitive nature of the event and the perceived value of premium .pi domains. The revenue generated from domain name sales will fund the development of the ecosystem, including programs for developers and community events, ensuring long-term growth. New Policy Document Clarifies Rules In response to community questions, Pi Network has released a comprehensive Auction Domain Name Release Policy and Announcement along with detailed FAQs. These documents outline compliance requirements, trademark considerations, and rules of engagement for Pioneers and businesses. The policy aims to provide transparency and address key questions as the auction takes place. Common use and functionality How does the .pi domain compare to traditional domains? They serve as unique identifiers in the Pi ecosystem, leveraging blockchain for ownership and operation, unlike Web2 domains, which rely on centralized registrars. Does the .pi domain operate outside of the Pi Browser? Yes, through the extension “.pinet.com,” although broader integration depends on third-party adoption. Can I auction my username? Yes, if available, Pioneers will have the opportunity to request a personalized domain. Where will the proceeds go? All Pi from sales will support ecosystem initiatives. Reserve domain name for developers Developers of applications compliant with PiNet who complete the migration process before May 28, 2025, can retain their domain name without the need for auction, subject to specific guidelines. This reward is for early adopters and strengthens the application infrastructure of the ecosystem. Bidding and Tendering Process Multiple bids: Pioneers can bid on multiple domains at the same time. Flexibility of bids: Bids with remaining balances that can request a refund can be withdrawn at any time before the auction ends on June 28, 2025. Standard payments ( for example: through exchanges ) will be refunded after the auction. Last-minute bidding: The auction will be extended by 24 hours if there is a bid or price change within the last 24 hours of the domain sale opening. Ownership: The winner will have ownership immediately after the auction, with potential renewal fees in the future similar to traditional domains. Change of rules: Pi Network reserves the right to amend the auction rules, ensuring fairness and preventing exploitation. Ownership and extension Resale and transfer: The .pi domain can be resold or transferred, in accordance with current laws. Expiration date: Domains that are not renewed will ultimately be returned to the pool for registration. Why is the .pi domain auction important? The success of the auction demonstrates Pi's evolution from a first mobile cryptocurrency into a platform-level utility. Pi empowers its community to build applications, businesses, and online services by allowing the ownership of blockchain-based domain names. This aligns with the network's mission to make cryptocurrency accessible and functional for everyone. This event also highlights the Open Network of Pi, connecting the ecosystem with external platforms, enhancing its applicability in the real world. As businesses and developers secure the .pi domain, the platform is set for a vibrant Web3 economy that originates from Pi's blockchain. The auction ends on June 28, 2025, with winners accessing their domain names through the Domain Auction page or app, linked to their auction wallet address. Although current rules prioritize flexibility, such as retractable bids, Pi Network may adjust its policies to ensure a fair and efficient process. Currently, the .pi domain auction is a testament to the participation of the Pi community and the growing role of cryptocurrency in digital commerce.