<ul data-eligibleForWebStory="true"><li>Pi Network has highlighted risks in ongoing .pi domain auctions as interest and bidding activity rise.</li><li>The .pi Domains Auction is now a standalone Pi app, offering real-time statistics and enhanced bidding experience.</li><li>A new dashboard showcases active domains by price, bid count, and trend to increase transparency.</li><li>Pi Network expressed concerns about domain squatting, warning against prioritizing ownership over utility in Web3 applications.</li><li>.pi domains were intended for practical use in Web3 applications such as storefronts and blogs.</li><li>The network plans to introduce tools to facilitate easier app development and shift focus towards functional use cases.</li><li>Pi Network emphasizes that utility, rather than speculation, will determine the value of .pi domains in their decentralized economy.</li></ul>

Pi Network Flags Risks in Ongoing .pi Domain Auctions

Discover more