Pi Foundation Drops $100M Bomb to Fuel Startup Frenzy—Ecosystem Wars Escalate

Move over, VCs—Pi’s throwing nine figures at devs to turbocharge its blockchain playground. Who needs revenue when you’ve got a war chest?

The fund targets ’ecosystem-critical’ projects—read: anything that might make Pi’s tokenomics look less like a high school economics experiment.

Insiders whisper this is a preemptive strike against rival chains gobbling up market share. Because nothing screams ’decentralization’ like a centralized foundation writing checks.

Bonus jab: At least they’re not burning cash on Super Bowl ads... yet.

Pi Network Ventures to mirror Silicon Valley

The Foundation also highlights another break from traditional crypto models. Notably, Pi Network Ventures plans to operate under the principles of traditional venture capital firms popularized in Silicon Valley.

This approach includes the sourcing, selection, and vetting processes that traditional VC firms use to identify companies with the biggest potential impact on the market. This will include investing in companies at all stages, from early-stage startups up to Series B+ companies, and even further.

One notable difference from the traditional VC model lies in its goals. Unlike most funds that focus solely on profit, Pi Network Ventures will prioritize value creation and ecosystem utility. The aim is to back projects that integrate Pi tokens into their services or use Pi Network technology in real-world applications.

Through this strategy, Pi Network Ventures hopes to increase adoption and demand for the Pi token, while supporting meaningful innovation across industries.