{"id":26906,"date":"2025-05-15T10:47:04","date_gmt":"2025-05-15T10:47:04","guid":{"rendered":"https:\/\/dogewisperer.com\/pi-network-invests-100m-in-startups-building-blockchain-apps\/"},"modified":"2025-05-15T10:47:04","modified_gmt":"2025-05-15T10:47:04","slug":"pi-network-invests-100m-in-startups-building-blockchain-apps","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=26906","title":{"rendered":"Pi Network invests $100M in startups building blockchain apps"},"content":{"rendered":"
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\"Pi<\/p>\n

Mobile-first blockchain Pi Network has launched a $100 million fund to invest in initiatives built on its infrastructure.<\/p>\n

According to a May 14 announcement<\/a>, the Pi Foundation is launching Pi Network Ventures with an initial investment of $100 million in Pi (PI) tokens and US dollars. The fund will invest in startups and businesses building on Pi Network or contributing to its broader ecosystem.<\/p>\n

\u201cThis strategic program intends to invest in high-quality startups and companies across sectors, driving innovation and ecosystem growth,\u201d Pi Network said in an X post.<\/p>\n

\"Pi
Source: <\/em>Pi Network<\/em><\/a><\/figcaption><\/figure>\n

The Pi Foundation, the organization behind Pi Network, is described as an \u201cownerless\u201d entity focused on supporting long-term ecosystem development. The foundation said the new venture fund will draw from the 10% of Pi tokens reserved for ecosystem initiatives. <\/p>\n

Pi Network did not respond to Cointelegraph\u2019s request for comment by publication.<\/p>\n

Related: <\/strong><\/em>Is Pi Network dead? What really went wrong behind the hype<\/strong><\/em><\/a><\/p>\n

What is Pi Network Ventures?<\/h2>\n

Pi Network Ventures is tasked with increasing Pi\u2019s utility by investing in startups and businesses that integrate it into products and services. The new organization will also attempt to bring more apps, transactions and companies onto the network while developing new use cases:<\/p>\n

\u201cBy aligning incentives and providing resources to high-potential founders, startups and companies, this initiative aims to create a feedback loop of innovation and adoption.\u201c<\/p><\/blockquote>\n

Related: <\/strong><\/em>Pi Network price nears all-time lows as supply pressure mounts<\/strong><\/em><\/a><\/p>\n

Pi Network Ventures\u2019 strategy<\/h2>\n

Per the announcement, Pi Network Ventures plans to invest in startups from the early stages until Series B funding rounds and beyond. The hope is that such an approach allows access to high-potential innovators while also helping scale proven businesses.<\/p>\n

Pi Network Ventures claims to differ from other crypto ecosystem programs in its focus and processes. The announcement states that the company aims not to limit itself to crypto investments and also fund general technology sectors, including generative AI and AI applications, fintech, embedded payments, e-commerce platforms, marketplaces, social networks and real-world consumer and enterprise applications.<\/p>\n

Another claimed difference is that the investment fund in question aims to act like traditional Silicon Valley venture capital firms. This will reportedly be primarily seen in sourcing, selection and vetting processes \u2014 the objective of which is to \u201cidentify and support high-impact and disruptive startups and businesses.\u201d<\/p>\n

Magazine: <\/strong><\/em>Help! My parents are addicted to Pi Network crypto tapper<\/strong><\/em><\/a><\/p>\n