Pi Network introduced a $100 million fund at Consensus 2025, aimed at supporting ecosystem development.
Announcement of the Fund
At the Consensus 2025 event, Pi Network announced the creation of a $100 million fund designed to support startups in Web3, fintech, and artificial intelligence on its blockchain platform. This investment is one of the largest in the project's history.
Token Volatility
The fund announcement triggered significant price fluctuations for the PI token. Following an initial rise due to speculation, the token's price sharply fell to around $0.80. This price movement reflects typical market behavior in response to news.
Community Reactions
Despite the positive response to the fund, skepticism remains in the community due to uncertainty regarding mainnet progress and adoption levels. The lack of confirmed listings on Binance also adds doubts among market participants.
The $100 million fund underscores significant investment interests in the future of Pi Network. The success of real-world application implementations will dictate the token's and ecosystem's further fate.
