Turbo88

#PI Recently, Dr. Chengdiao Fan, co-founder of Pi Network, confirmed that he will participate as a guest speaker at the TOKEN2049 conference to be held in Singapore from October 1 to 2, 2025.

The official blog of Pi Network and several cryptocurrency news websites have confirmed this news. This is seen as an important milestone in the development of Pi Network, as it marks its first appearance at such a significant industry event.

Here are some key points about this event:
Guest Speaker Identity: Dr. Chengdiao Fan will speak alongside other industry leaders, regulators, and entrepreneurs, including Binance CEO Richard Teng, Tron founder Justin Sun, Robinhood CEO Vlad Tenev, and other notable figures.

Speech Topic: Dr. Chengdiao Fan's presentation will focus on how cryptocurrency and blockchain can achieve real social utility and impact, while analyzing the current challenges in the Web3 space and potential solutions.

Role of Sponsors: In addition to the founder's speech, Pi Network will also participate in TOKEN2049 as a **Gold Sponsor**. This move further enhances Pi Network's visibility and influence at the conference.

Industry Recognition: Many believe that Pi Network's appearance at TOKEN2049 marks the project's efforts to gain broader industry recognition and credibility.

This participation not only allows Pi Network to gain greater visibility within the global Web3 community but also provides them with an important platform to share their vision for real-world utility, community building, and the future development of blockchain.

#PI Friends who have never invested, who introduced you to cryptocurrency, who provided you with free mining to make money, who gave you hope? (It's Pi Network). All Pi Network miners should show him respect.
(Fair competition, don't let down your guard)

#PI According to the latest information I found, Pi Network Ventures has indeed participated in the $20 million Series A financing of OpenMind.

This round of financing was led by Pantera Capital, with other participating parties including well-known investment institutions such as Coinbase Ventures, Ribbit Capital, and Sequoia China.

This investment marks the first significant investment made by Pi Network Ventures since it announced the establishment of a $100 million venture capital fund, aimed at exploring the application of cryptocurrency in the real world. Pi Network hopes to expand the application scenarios of its Pi token into the fields of artificial intelligence and robotics by supporting companies like OpenMind.

However, this investment has also sparked differing views within the Pi Network community. Some supporters believe this is a strategic move for Pi Network to expand into emerging technology fields, while others criticize why resources are not prioritized for the development of the core platform.

Paul Veradittakit of Pantera Capital believes that OpenMind's technology will form the foundation of the next generation of artificial intelligence and robotics, having a profound impact on multiple industries.

In addition, OpenMind has established strategic partnerships with several companies and research institutions, including a collaboration with NVIDIA, aimed at integrating OpenMind Core with NVIDIA's GPU technology.

The founding team of OpenMind has also garnered significant attention, with CEO Seung Lee and CTO Jun Kim both having held key positions at well-known tech companies like Google and Naver, possessing rich experience in the fields of AI and robotics.

In short, this significant financing for OpenMind not only provides funding support for the development of its core platform but also highlights its tremendous potential and broad prospects in the fields of AI and robotics.

#PI ​OpenMind, a company dedicated to developing intelligent machine infrastructure, announced that it has completed a $20 million Series A funding round. This round of financing was led by Pantera Capital, with other participants including Samsung Next, TransLink Capital, and Time BioVentures.

​OpenMind plans to use this funding to accelerate the development and deployment of its flagship product, OpenMind Core. OpenMind Core is designed to be an open-source, scalable foundational platform for building and deploying intelligent machines. The company stated that this platform will enable developers to more easily create and manage machines that can operate autonomously, solve complex problems, and interact with the physical world.

​Paul Veradittakit, a partner at Pantera Capital, commented, "OpenMind's technology lays the groundwork for the next generation of artificial intelligence and robotics. We believe their platform will revolutionize industries ranging from manufacturing and logistics to healthcare and agriculture."

​Additionally, OpenMind has established strategic partnerships with several companies and research institutions to jointly explore applications of its technology. This includes collaboration with NVIDIA to integrate OpenMind Core with NVIDIA's GPU technology to optimize AI model training and inference.

​OpenMind was co-founded by CEO Seung Lee and CTO Jun Kim, both of whom previously worked at tech giants such as Google and Naver, and have extensive experience in the fields of artificial intelligence and robotics.

#PI ​ Smart Machine Infrastructure Company OpenMind Completes $20 Million Financing
​ Smart Machine Infrastructure Company OpenMind recently announced the completion of $20 million in financing. This round of financing was led by Pantera Capital, with participation from well-known institutions including Ribbit, Sequoia China, a certain exchange, DCG, Lightspeed Faction, Anagram, Pi Network Ventures, Topology, Primitive Ventures, and Amber Group, as well as several angel investors.

​ This financing will be used to promote OpenMind's development in the smart machine infrastructure field, with specific application directions including building and optimizing its technology platform to support more developers and enterprises in utilizing its services.

​ About OpenMind
​ OpenMind is a company focused on the smart machine infrastructure field, dedicated to providing the necessary underlying technical support for artificial intelligence and machine learning applications.

​ About Pantera Capital
​ Pantera Capital is an investment company focused on the blockchain and cryptocurrency sectors, having invested in numerous well-known projects globally.

#PI Pi Network has confirmed that it will participate as a gold sponsor in the TOKEN2049 Singapore conference in 2025, a highly anticipated global cryptocurrency event.

This sponsorship is seen as an important initiative for Pi Network to enhance its credibility and global visibility in the cryptocurrency industry. TOKEN2049 attracts a large number of industry leaders, developers, investors, and media, and Pi Network aims to leverage this opportunity to showcase its project progress and establish new partnerships.
The participation in this conference may have the following impacts on Pi Network:
Enhancing public image: Serving as a gold sponsor at a top industry conference places Pi Network on par with well-known companies like Circle and CoinEx, helping its project gain wider recognition.

Promoting ecosystem development: Pi Network can take this opportunity to showcase its applications and use cases to a global audience, attracting more developers to join its ecosystem.

Potential collaboration opportunities: This event provides a platform for Pi Network to connect with other blockchain projects and enterprises, which may bring new collaboration and integration opportunities for its future.

Although this sponsorship has brought positive market sentiment to Pi Network, it is worth noting that some analysts pointed out that the price of Pi coin had previously declined when Pi Network's founder Nicolas Kokkalis attended other conferences. Therefore, the market will closely monitor whether this participation can bring tangible long-term benefits to Pi Network.

Strategic goals of Pi Network
For Pi Network, this conference is not just about enhancing brand awareness. It provides a channel for direct contact with numerous executives, with more than half of the attendees holding executive positions. By showcasing the development of its ecosystem through this event, the project hopes to address long-standing concerns surrounding scalability, governance, and use cases. Analysts believe this is an opportunity for Pi to prove itself alongside other major networks that are driving mainstream applications.

Community expectations
Since the news that Pi will play a larger role in TOKEN2049 has been confirmed, the excitement within its global community has been growing day by day. Supporters see this as a turning point, marking the project's transition from an isolated development phase to a broader industry discussion phase.

#PI Recent progress on the Pi Network Hackathon is as follows:

Activity Underway: Following the launch of its Open Network, Pi Network officially launched a global hackathon, Pi Hackathon 2025, on August 21, 2025.


Event Objective: This hackathon aims to encourage developers to leverage Pi Coin to create decentralized applications (DApps) with real-world utility, enriching the Pi ecosystem.


Generous Prizes: The total prize pool for this hackathon is a staggering 160,000 Pi Coins. First place will receive 75,000 Pi Coins, second place 45,000 Pi Coins, and third place 15,000 Pi Coins. In addition, five honorable mention winners will each receive 5,000 Pi Coins.


Important Dates:

Registration opened on August 15. The hackathon officially launched on August 21st.

Developers are required to submit a mid-term progress report by September 19th.

The final submission deadline is October 15th.

Developer Participation: According to the Pi Core Team, over 2,100 developers from over 100 countries have registered to participate, with over 900 developers still seeking teammates.

Market Impact: Although the hackathon was launched to boost market confidence and rumors have surfaced that some hackathon winners have hinted at a possible Pi coin listing on Coinbase, the price of Pi coin has recently declined, leading some market observers to adopt a wait-and-see approach.

In short, Pi Network hopes that this hackathon will inspire the community's creativity and enable the development of more practical applications, thereby truly promoting the development and implementation of the Pi ecosystem.

#PI Pi Network participated in the TOKEN2049 conference and became its gold sponsor, bringing multiple important development prospects:

​1. Enhance Visibility and Legitimacy
​Making an appearance at top cryptocurrency events like TOKEN2049 allows Pi Network to connect with a broader range of cryptocurrency industry participants, including developers, investors, and media. This helps to:
​Eliminate Doubts: By standing alongside mainstream companies like Circle and Coinbase, Pi Network has the opportunity to prove its project’s legitimacy and long-term vision to a wider Web3 community.
​Increase Credibility: This sponsorship indicates that the Pi Network team has the capability and willingness to invest resources and actively engage with the mainstream crypto world, rather than being confined to its internal community.

​2. Build Partnerships and Ecosystem Bridges
​TOKEN2049 is an excellent platform for networking and seeking collaboration opportunities. Pi Network can utilize this opportunity to:
​Attract Developers: The team can showcase its mainnet and ecosystem to other developers and projects, encouraging them to build DApps on its platform, thereby enriching the application scenarios of Pi.
​Seek Partners: Pi Network has the potential to connect with exchanges, payment service providers, or other Web3 projects, paving the way for future open trading on the mainnet and the development of the ecosystem.

​3. Show Confidence to the Community
​This sponsorship sends a strong signal to Pi Network's large user community: the project is actively preparing for future development. It can:
​Enhance Community Confidence: Let users see that Pi Network is working hard to bring its project into the mainstream, which helps to strengthen community loyalty and participation.

​Show Progress: Pi Network can share its latest technological advancements, KYC progress, or ecosystem achievements at the conference, thereby demonstrating to the outside world that it has been continuously developing.

​In summary, Pi Network's participation in TOKEN2049 is not just simple brand promotion, but a key step in its transition from a closed mobile mining project to an open, interconnected Web3 ecosystem, creating more possibilities for its future development.