Pi’s Value Has Not Changed — What Changed Was the Entry Fee Into Utility
Liquidity is a tactic — the true value remains hidden.
Why Pi on KYB exchanges is nothing more and nothing less than a means of payment!
The domain is just the beginning — GCV is the ultimate destination.
The bid price may shift, but Pi’s philosophy stands firm.
[ This article contains predictive analysis and may differ from actual outcomes. ]
After the Domain Auction Ends, Pi Will Likely Transition to a Unified GCV-Based System
1. Exchange-Listed Pi Price Is Not Its Real Value
When Pi was listed on KYB (Know Your Business) certified exchanges,
many interpreted it as a sign that Pi’s market value had been established.
But that interpretation fundamentally misreads the situation.
From the beginning, Pi was never meant to be a speculative asset.
It was designed as a community-based currency for contribution and utility use,
not for trading or profit-taking.
Therefore, the price seen on exchanges does not reflect Pi’s true value (GCV) —
it reflects a temporary payment unit to access certain utilities, such as the domain auction.
2. Exchange Price Reflects ‘Domain Bid Unit (Minimum Bid: 10 Pi)’ - (Typical annual domain registration cost: $10 to $35 = 10 Pi )
In early 2025, Pi's exchange price started at around $1.0 to $2.5 per Pi.( 3.41$ : Initial surge post-Open Network launch )
As bidding activity stabilized and domain participation patterns evolved,
this price gradually decreased to the current level of $0.5 to $0.8 per Pi.
This price shift is not a decline in Pi’s value.
Rather, it reflects the Pi Core Team’s initial pricing strategy for domain keyword registration,
which began with a minimum bid of 10 Pi — equivalent to roughly $10 to $25 at the time.
Now that top keyword domains have been claimed, the remaining pool is less competitive,
and the effective access cost has decreased to around $5 to $8,( 0.5$ ~ 0.8$ per Pi )
even though the minimum bid remains at 10 Pi.
So, the exchange price doesn’t represent Pi’s inherent value —
it simply reflects the adjusted entry cost for a utility-based service.
3. The Domain Auction Is Not Just a Product — It’s the Bridge Between Web2 and Web3
The .pi domain auction system is more than a commercial feature —
it’s a strategic bridge between the Web2 internet and the Pi Web3 ecosystem.
Reserved domains become brands, platform URLs, and digital identities in Web3.
Early registration is a form of digital sovereignty and commercial leadership.
To allow broader participation, the Core Team temporarily enabled limited liquidity
by listing Pi on KYB exchanges as a controlled utility access token.
However, this two-tier pricing model per utility is unsustainable at scale,
and the entire ecosystem will eventually require a unified valuation system.
4. Why a GCV-Based Unified System Is Inevitable
Right now, the Pi ecosystem is in a transitional phase before the Grand Open Mainnet.
But several core reasons make a shift to Global Consensus Value (GCV: $314,159 per Pi) inevitable:
Maintaining separate pricing structures per utility is not scalable
The global community needs a unified reference value
A single monetary unit is essential to operate a coherent, trust-based economy
Once the domain auction ends, no utility can independently determine a reliable price
Thus, the end of the domain auction will likely mark the turning point
where the Pi ecosystem transitions fully to a GCV-based unified economy.
Conclusion:
Pi Has Concealed Its True Value and Only Revealed the Entry Cost
“Pi conceals its intrinsic value, and only those who understand it are allowed to open the door.”
The price of Pi on KYB exchanges is not its value
it’s simply the minimum cost of entry into a specific utility (like the domain auction).
This cost — based on 10 Pi minimum bids — will only apply in limited contexts,
and once the broader utility network expands,
all services will need to adopt a single, stable standard: GCV.
🔐 And when that day comes, Pi will be defined as follows:
“A digital currency that can only be earned through contribution,
and never truly owned through greed.”
That is the philosophy envisioned by Pi’s founders.
And it is the future awaiting the network after the domain auction ends —
the dawn of a unified, contribution-based, GCV-powered economy.
