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Pi Network to Deploy 10% of PI Supply for $100 Million Startup Fund
By: beincrypto|2025/05/15 01:00:13
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The Pi Foundation today announced the launch of Pi Network Ventures, a $100 million development initiative aimed at investing in startups and businesses that drive Pi adoption and utility. The fund will be split between Pi tokens and US dollars, sourced from 10% of the PI supply allocated for foundation reserves.Pi Network’s $100 Million Venture to Improve UtilityThe initiative comes shortly after Pi Network’s Open Network launch, which enabled external connectivity. Pi Network Ventures will support early-stage to Series B companies that integrate Pi into products, services, or business processes. Investments will focus on sectors beyond crypto, including AI, fintech, ecommerce, embedded payments, and consumer applications.Unlike typical blockchain venture funds, Pi Network Ventures plans to operate with Silicon Valley-style sourcing, selection, and vetting processes. Most investments will be made directly in Pi tokens rather than fiat, aligning incentives with Pi’s ecosystem growth.The Pi Foundation emphasized that the fund’s goal is to accelerate real-world use cases of Pi and strengthen network effects among its tens of millions of KYC-verified users. The $100M is not guaranteed to be fully deployed and will be invested over time depending on the quality and number of applicants.This marks a major development step as Pi seeks broader real-world integration and decentralized utility expansion.The post Pi Network to Deploy 10% of PI Supply for $100 Million Startup Fund appeared first on BeInCrypto.
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