Is it true that uluventures.com is behind the scenes of Pi Network??
Is Ulu Ventures involved in funding Pi Network? Ulu Ventures is a venture capital firm based in Silicon Valley and is known for investing in early-stage companies led by founders from diverse backgrounds. The company is listed as one of the investors in the seed funding round of Pi Network that took place on November 29, 2023, alongside 137 Ventures and Designer Fund .X (formerly Twitter) +13Tech & Data VC +13Tech & Data VC +13
However, although Ulu Ventures is listed as an investor, some reports indicate that they have not featured Pi Network in their official portfolio, raising questions about the transparency of the investment .AInvest
Overall, although Ulu Ventures is involved in funding Pi Network, there has been no official confirmation regarding the amount of their investment, and the status of this investment remains a topic of discussion among the Pi Network community.
What do you think about this image?? š¤š¤š¤ Please discuss....
The image comes from the Pi Network application and shows a major announcement from the core team (@PiCoreTeam). Here are the detailed explanations:
Ecosystem Announcement: This is an official announcement regarding the latest developments in the Pi Network ecosystem.
Date: 5.14.25 (May 14, 2025): On this date, there will be an important announcement. It is advisable to monitor their application or official channels at that time.
Meaning of ecosystem announcement in the context of Pi Network refers to:
An official announcement about significant developments in the Pi Network application system and community, including:
The launch of new features in the Pi ecosystem, such as a marketplace, wallet, third-party applications, or new tools that can be used by users.
Progress towards Open Mainnet, which is the phase when Pi can be freely transacted outside the application.
New partnerships or collaborations with other companies.
Improvements in security or reward systems in mining and using Pi.
Therefore, this announcement is likely to explain the direction and future of the Pi projectāespecially how Pi can be used in real life by its users. #pi #PiCoreTeam