Pi Network Launches $100 Million Venture Fund for Real-World Utility

Pi Network took a bold step forward on May 14th by launching a $100 million venture fund dedicated to driving real-world utility for its ecosystem. This initiative, dubbed Pi Network Ventures, aims to support startups building within or integrating with the Pi platform. The fund’s focus is not only financial investment but also integration of Pi into everyday use cases. While initial enthusiasm was evident, the announcement led to a drop in Pi’s price as investors reacted cautiously to a lack of immediate token impact.