Pi Network has announced the launch of a $100 million venture capital fund to support startups developing applications on its blockchain. This initiative, introduced in May 2025, aims to create real value within the Pi ecosystem.
Pi Network Ventures
Pi Network Ventures, led by the Pi Foundation, commits $100 million to foster innovation. The fund exclusively targets developers creating real-world value on the Pi blockchain. Key figures in the project include Dr. Nicolas Kokkalis and Dr. Chengdiao Fan. No institutional partners are included, and it will operate under the Pi Foundation only.
Fund Objectives and Structure
The fund's objective is to promote application development using blockchain technology, potentially increasing the appeal and utility of the Pi network. Currently, there are no data indicating an impact on traditional cryptocurrencies such as Bitcoin or Ethereum.
Impact on the Cryptocurrency Market
As Pi functions in a closed mainnet state, the potential spillover effect to other tokens is limited. The fund's success hinges on unlocking widespread access to the network and integrating external financial ecosystems. Future developments are expected to depend on resolving mainnet restrictions and establishing industry collaborations.
Pi Network’s contribution to the development of real applications could significantly impact the ecosystem, but much depends on lifting restrictions and expanding opportunities for interaction with external markets.
