Pi Network drew attention with its auction -like activity for domain names. As a result of the intense interest of areas with .pi extension within the scope of the network, more than 200,000 proposals were received shortly after the launch. The event was organized for users to claim rights on an area of 95,000.
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According to the statements, the policy document published by Pi Core Team will be transferred to the ecosystem through developing programs and Pi activities. A total of more than 40,000 different offers participate in the race for domain names. The domain names, which are popular with the ENS, simplify complex wallet addresses. Many projects have initiated a product to create a source of income and to strengthen the sense of belonging of the community. However, the Pi team, beyond that, announced that the field addresses that can work as an internet address, selling domain.
Pi Coin fell below $ 1 due to the opening of the token lock and intensive sales pressure. While the daily transaction volume decreases by 29.21 percent, the price is at $ 0.8862. Altcoin, which fell by 70 percent from $ 2.98, which is the summit of all time, gave a great exposure opportunity, albeit with a delayed delay.
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In the official statements about the network, Pi Core Team drew attention to the increasing demand of the participants. In the statement, the interest in the.
Pi Core Team: “demand reveals a wide ecosystem from applications to businesses.”
While offers up to 30,000 Pi were made for a single area, the sum of the active bids reached approximately 3 million pi. The demand for large companies is very strong and among the names such as Amazon and Samsung. Of course, these proposals are not burning with the hope of selling more expensive, not companies.
The domain names that can work on Pi Browser are not guaranteed for traditional browser support. In the ecosystem, it is stated that applications that will be exempted from the auction process with automatic space allocation will be included.
The Pi Network event reveals the effect of interest in domain names and fluctuations in the price of Pi money on the ecosystem. Market expectations, such as UPbit platforms such as possible listing news, he said. Closely monitoring of developments may be important for the participants.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
