Palo Alto, United States, March 17th, 2025,
Chainwire
The launch of
Pi’s Open Network in February connected
its thriving ecosystem to the broader blockchain world and expanded
its real-world functionality.
Millions of Pioneers are using Pi, tens of thousands of
businesses are integrating it into their services, and many apps
were built that address community and ecosystem needs and drive
real engagement.
This has showcased Pi’s strength and stability for not just the
Pi community but also the broader crypto space and the
internet.
Pi Day 2025, Pi’s sixth official anniversary was celebrated on
Friday March 14 and saw the expansion of the Pi ecosystem on all
levels, be it local commerce, apps and platform-level utilities,
leveraging the strength and collective resources of the global Pi
community.
Pi has already reaped the benefits of the work Pioneers put into
growing the network, contributing to network infrastructure,
commerce integration, and utility building over the past six
years.
In support of expanding the Pi ecosystem and Pi’s overall
utility, Pi released several features on Pi Day, and the global
PiFest shopping period started. These releases include a Pi Domains
Auction, as well as an expansion of the Mainnet Ecosystem
application and a revamp of the Mainnet Ecosystem UI.
The .pi Domains Auction: Introducing a New
Platform-Level Utility
Domains are an important infrastructure layer of any online
ecosystem. Today, the expansion of the Pi ecosystem starts by
enabling participants and contributors of the Pi ecosystem to have
the opportunity to secure and have customized .pi
domains for their businesses, brands, stores,
content, apps, websites, and personal use.
Pi has created a new platform-level utility for the community
through the .pi Domains Auction, harnessing the collective
resources of the Pi community and the enabled external connectivity
of the Open Network.
Unlike many other virtual properties, the tangible value of .pi
domains is backed by the attention and engagement of over 60
million Pioneers worldwide, more than 19 million identity-verified
individuals, over 12 million people on the blockchain, and more —
externally via blockchain and third-party services — who are ready
to transact, in addition to tens of thousands merchants accepting
Pi globally.
The .pi domains already possess clear, immediate, and measurable
real-world use cases, as well as practical applications, with
millions of people worldwide visiting the Pi Network mobile app and
Pi Browser every day.
These domains serve as unique identifiers or digital storefronts
within the Pi ecosystem and specifically operate within a Web3
environment, compatible directly with the Pi Browser, third-party
wallets and services that integrate with this feature, or via the
extension of pinet.com which works with legacy
browsers like Chrome or Safari.
The auction, bidding, and acquisition process for .pi domains
will be executed using blockchain technology and Pi as the
exclusive currency for payments, leveraging the Pi blockchain to
ensure transparency, security, and direct utility of Pi
cryptocurrency. The Auction is open to Pioneers, as well as those
who can access Pi through centralized exchanges.
The Auction started on March 14 and will close on Pi2Day, June
28.
The piFest Shopping Period Starts
The shopping period for the first PiFest following Open Network
will run for a week commencing on March 14 and ending on
Friday, March 21, 2025. With the full support of Open Network
connectivity enabled, users can visit and shop at local Pi-Powered
businesses using Pi and discover such businesses through
the Map of Pi app and engage
actively through Pi’s complete ecosystem for local commerce
integration. The primary focus of PiFest is to boost local commerce
and to showcase Pi’s real-world utilities in use around the
globe.
For more information on the rules for the Pi Domains Auction and
how it provides a platform-level utility for Pi, as well as Pi
updates, expansion news, and a description of revamps to the
Mainnet Ecosystem, users can visit Pi’s only
official announcement.
About Pi Network
Pi Network is a community of tens of
millions of humans mining Pi cryptocurrency to use and build the
Web app ecosystem. Founded by a team of early innovators in
blockchain and social computing, with PhDs from Stanford
University, Pi Network is a utilities-based ecosystem for
third-party apps on a mobile web platform, with widespread (rather
than concentrated) token distribution. The blockchain platform
offers a mobile-first mining approach, with low financial cost and
a light environmental footprint within the crypto space.
Website: https://minepi.com/
X: PiCoreTeam
Contact
Anthony Burr
Burr
Media
anthony@burrmedia.co.uk