Pi Network launches $100M fund, bringing $PI into real life 👀
Pi Foundation officially announces Pi Network Ventures – a $100M investment fund (primarily using $PI tokens, taken from 10% of Pi Foundation's reserves) aimed at supporting startups and businesses integrating Pi into real-world products and services.
The fund promises to support projects from the startup stage to Series B, with a selective and rigorous vetting process, following Silicon Valley standards.