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Pi Network Launches $100M Startup Fund with 10% of PI Token Supply
Pi Network Launches $100M Startup Fund with 10% of PI Token Supply
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PI News -
Pi Network is allocating 10% of its Pi token supply to create a $100 million venture fund designed to enhance ecosystem utility. The fund will be distributed between Pi tokens and US dollars, sourced from foundation reserves.
This initiative follows PI Network’s recent Open Network launch, which enabled external connectivity. Pi Network Ventures will focus on early-stage to Series B companies that integrate PI into their products or services, targeting sectors such as AI, fintech, and e-commerce.
Unlike conventional crypto venture funds, Pi Network Ventures employs Silicon Valley-style sourcing and vetting processes. Most investments will be made in PI tokens rather than fiat currency, aligning incentives with ecosystem growth.
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