Pi Network just made a big wave with the launch of Pi Network Ventures – an investment fund worth 100 million USD aimed at promoting the ecosystem and increasing the practical application of the PI token. Is this a turning point for a project that was once doubted, or just a new trick?
100 Million USD Investment Fund: A New Momentum for the Ecosystem
#PiFoundation , the organization behind Pi Network, has announced the launch of Pi Network Ventures with a capital of 100 million USD, including PI tokens and cash. This fund is drawn from 10% of the PI supply allocated for ecosystem development, focusing on supporting projects built on Pi or contributing to the growth of the network. The goal is to enhance the practical value of PI through products, services, and transactions.