Explanation for those who don't understand anything about the auction $BTC $ETH $XRP #BinanceAlphaAlert #BNBChainMeme #MarketRebound #BotOrNot

I will explain it to you very simply:

This auction is similar to an auction for cars or real estate, but it concerns website names (Domains) belonging to the Pi network.

How does it work?

1. There is a website name (amazon.pi) that anyone can buy by bidding.

2. The person who pays the most (in Pi) will ultimately win the domain.

3. If you participate and lose, your Pi will be returned.

How to participate?

If you have Pi in your wallet, you can enter an amount higher than the current bid (for example 30,010 Pi) and then click on "Bid."

If no one outbids before the time runs out, you will win the domain.

Why buy a .pi domain?

It could become important in the future within the Pi network.

You can sell it later to someone who needs it.

It's like buying a website address, but specific to the Pi Network.