Pi Network establishes an investment fund to support the ecosystem worth 100 million USD
Harry
15/05/2025
Coin68 on Google News
Pi Network Ventures will invest in projects built on Pi and contribute to the development of the ecosystem, aiming to increase the practical application of the PI token.
Pi Network establishes an investment fund to support the ecosystem worth 100 million USD
Pi Network launches a 100 million USD investment fund
Pi Foundation - the organization behind the Pi Network project - has announced the launch of Pi Network Ventures, a 100 million USD investment fund (including PI tokens and cash) to invest in projects built on Pi or contribute to the development of the ecosystem.
This fund is sourced from 10% of the PI token supply that is reserved for ecosystem development initiatives, aiming to increase the practical application of the PI token through real products, services, and transactions.
According to the announcement, Pi Network Ventures will invest from the seed stage to Series B and may continue to accompany growth-stage startups thereafter. The focus of the fund is to support potential founders and startups, thereby creating a loop of innovation - application - expansion for the Pi blockchain.
Unlike many traditional crypto funds that only focus on Web3, Pi Network Ventures is ready to expand investments into the technology sector in general, including:
Artificial Intelligence (AI) and AI applications.
Fintech and payment solutions that can be integrated into the ecosystem.
E-commerce platforms and marketplaces.
Social networks and consumer applications in the real world
