Pi Network launches $100 Million Fund for Ecosystem Growth
Pi Network (PI) is injecting $100 million into its ecosystem via pi Network Ventures.
The fund aims too support startups that enhance real-world adoption and utility of Pi crypto. It’s not limited to crypto-native businesses. Pi Network Ventures will also back projects in generative AI, gaming, FinTech, ecommerce, and social networks. This broad approach mirrors Silicon Valley venture capital practices.
Unlike typical VC funds focused on profit, Pi Network Ventures prioritizes value creation and ecosystem utility. It will invest in startups at various stages, from early-stage to Series B+. The goal is to integrate Pi tokens into services and use Pi Network technology in real-world applications. This strategy aims to boost Pi token adoption and support innovation across industries.
