What Happened:
The Pi Foundation, the organization behind the Pi Network, has started a new $100 million fund. This fund is called Pi Network Ventures Fund.
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What Is the Pi Network Ventures Fund:
It is a special pool of money (worth $BTC
100 million) that will b#e used to:
Support and grow new projects on the Pi Network.
Help developers build useful apps and tools using Pi (the cryptocurrency).
Invest in businesses that want to use or grow with the Pi ecosystem.
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Why It Matters:
It shows the Pi Network is growing and becoming more serious.
It gives developers and startups a chance to get funding and build their ideas.
It could help Pi become more valuable and widely used in the future.
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Key Points:
The fund will support apps that are real, useful, and ready to launch.
It’s also focused on building a strong and trusted Pi economy.
Pi Network is still in a special phase (called Enclosed Mainnet), so all this work is helping prepare for the full launch.