Pi Network has launched a $100M venture fund to support blockchain startups, aiming to boost adoption and ecosystem development.
10% of Pi tokens are reserved for ventures that contribute to ecosystem-building initiatives.
The initiative by Pi Network Ventures will provide funding, mentorship, and user access to startups utilizing Pi in their businesses.
The fund targets blockchain-focused firms as well as entities in AI, fintech, e-commerce, social platforms, and enterprise applications, aiming to drive innovation and broaden Pi Network's utility.