Pi Network Invests $100 Million in Startups Building Blockchain Applications

Pi Network, a mobile-first blockchain platform, has launched a $100 million fund to support startups leveraging its technology. The Pi Foundation announced the creation of Pi Network Ventures with an initial investment of both Pi (PI) tokens and US dollars. This initiative will focus on investing in companies that utilize Pi Network’s infrastructure or contribute to its broader ecosystem. Pi Network believes this strategic program will drive innovation and growth within its ecosystem.