The Pi Foundation has announced the launch of Pi Network Ventures, a new development initiative backed by $100 million in Pi tokens and USD. This venture fund aims to accelerate the adoption, utility, and real-world value of the Pi cryptocurrency.
The funding stems from 10% of the tokens allocated to the Pi Foundation, a nonprofit organization dedicated to Pi’s long-term growth and sustainability. The launch closely follows Pi Network’s transition into its Open Network phase, which enables external integrations and broadens Pi’s digital and physical ecosystem connectivity.
Driving Pi’s Real-World Utility
Pi Network Ventures will invest in startups and businesses that utilize Pi in innovative ways, focusing on practical applications that bring the token into everyday use. The initiative seeks to transform Pi from a widely held token into a widely used digital currency.
Key objectives of the fund include:
Boosting Pi Utility: Supporting startups that enhance user experiences with apps and services powered by Pi.
Enabling Real-World Production: Encouraging businesses to integrate their production processes into the Pi Network infrastructure.
Fostering Real-Life Use Cases: Funding projects that demonstrate Pi’s relevance in daily transactions and services.
The fund will provide both financial backing and strategic guidance to entrepreneurs and businesses with high growth potential, aiming to create a continuous cycle of innovation and adoption.
A Dual-Track Growth Strategy
Pi Network Ventures represents one half of the Pi Foundation’s broader ecosystem strategy. While this venture fund targets high-impact investments in select startups, the other half focuses on community-driven initiatives, such as:
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Hackathons
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Open platforms for developers and users
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Community-led experimentation of new use cases
By combining top-down investments with grassroots innovation, the Pi Foundation aims to solidify Pi’s position as a real-world valuable cryptocurrency, serving developers, businesses, and its global user base, known as Pioneers.
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