Pi Network has announced the launch of a $100 million fund aimed at supporting decentralized application development in the cryptocurrency sector.
Pi Network's Fund Initiative
At the Consensus 2025 conference, Pi Network co-founder Nicolas Kokkalis announced the launch of a fund intended to foster innovation within the Pi ecosystem. The fund aims to support developers of decentralized applications.
User Concerns
The absence of announcements regarding new exchange listings and full network access has led to dissatisfaction among community members. Many were expecting significant updates, especially following the fund's introduction.
Technological Prospects
Technological plans for Pi Network include commitments to open-source development and addressing node centralization concerns. It is also noted that the fund could have a prolonged impact on the ecosystem's advancement.
The $100 million fund could represent a significant step forward for Pi Network, but current market conditions and the lack of listing news raise questions about its short-term prospects.
