Pi Network's $100 Million Venture Capital Fund: A New Venture for Real-World Usage
Network Pi unveils fresh declaration
Pi Network is shaking things up with a fresh $100 million fund aimed at boosting the ecosystem and increasing Pi's real-world utility!\ angular_right
Introducing Pi Network Ventures, a brand-new entity birthed by the Pi Foundation that'll be investing in innovative startups within the Pi network.
Announced on May 14, this whopping fund is open to startups that operate in sectors like artificial intelligence, gaming platforms, fintech, e-commerce, integrated payment systems, marketplaces, social networks, and more, provided they're compatible with the Pi ecosystem.\ angular_right
This isn't just about blockchain-based projects; startups from various sectors that can integrate Pi are also fair game.\ angular_right
So, where does this fund stand out from the crowd? Well, instead of focusing on risk like traditional crypto funds, this bad boy prioritizes value creation and strengthening the Pi ecosystem.\ angular_right
Pi Network aims to achieve this strategy by not only spiking Pi token usage but also by displaying powerful innovations across several sectors.\ angular_right
Ever wanted a taste of Silicon Valley's investment model? Look no further! Pi Network Ventures will draw from classic venture capital strategies, carefully selecting and supporting high-potential projects through evaluation.\ angular_right
Early-stage investments are planned, starting from Series B and beyond, covering a mix of companies of different sizes.\ angular_right
But here's the twist: unlike other crypto funds, the focus will be on value creation instead of risk.\ angular_right
Stay tuned for more updates on Pi Network Ventures and its mission to dominate the blockchain space!
Related:*Pi Network (PI) Weekly Price Prediction: Will It Rise?*
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- This $100 million fund, known as Pi Network Ventures, will focus on investing in startups and businesses that build upon Pi Network's infrastructure, ultimately enhancing its utility and fostering ecosystem growth.
- Investments will be made in areas like blockchain apps, AI, e-commerce, and other sectors to support innovative projects and accelerate growth across the Pi Network ecosystem.
- Besides blockchain innovators, the fund will also explore investments in less traditional areas like AI, financial technology, online shopping platforms, and social media apps to foster a diverse and innovative ecosystem.
- The fund will employ a combination of USD and Pi tokens for investments, with most investments targeted towards Pi tokens to strengthen its economy.
- While the specifics aren't yet known, Pi Network seems to be positioning itself to model its investment strategy after Silicon Valley's approach of fostering a vibrant startup ecosystem, focusing on innovation and ecosystem growth.
The Pi Network Ventures, a new entity born from the Pi Foundation, will invest in innovative startups compatible with the Pi ecosystem, spanning sectors like artificial intelligence, gaming platforms, fintech, e-commerce, and social networks. This fund is not limited to blockchain-based projects and will focus on value creation rather than risk, investing in Series B and beyond. Pi Network aims to display powerful innovations across various sectors and increase the utility of Pi tokens.
