🚨 Pi Network Unveils $100M Ecosystem Fund Amid Decentralization Push 🚀
At Consensus 2025, Pi Network announced a $100 million fund to accelerate its ecosystem, aiming to support startups in AI, gaming, fintech, and more. This move aligns with their recent steps toward decentralization, including shutting down the central node and plans to open-source their code.
Key Highlights:
Ecosystem Expansion: The fund targets diverse sectors, fostering real-world applications on the Pi Network.
Decentralization Efforts: Shutting down the central node marks a significant step toward a more decentralized network.
Community Reactions: While some applaud the developments, others express concerns over the lack of major exchange listings.
Market Impact: Despite the ambitious announcements, Pi Coin experienced a 30% price drop, suggesting a "sell-the-news" reaction among investors.
Looking Ahead: With these strategic moves, Pi Network is positioning itself for broader adoption and integration into various industries.
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