Pi Network Backs Startups with $100M Venture Fund

TheCryptoTimesОпубліковано о 2025-05-14Востаннє оновлено о 2025-05-15

Анотація

Together, these initiatives are likely to make Pi a real-world-valued cryptocurrency that serves developers, businesses, and its worldwide user base, referred to as Pioneers.

The Pi Foundation has officially launched Pi Network Ventures, a major development venture funded with $100 billion in Pi and USD. This activity aims to increase the token’s use, adoption, and value in the real world.

Pi Network Ventures has officially launched—a $100 million initiative, held in Pi and USD, to invest in startups and businesses that advance the utility and real-world adoption of Pi. Go to the Pi mining app home screen to learn more.

This strategic program intends to invest in… pic.twitter.com/XoRy7jQGcJ
— Pi Network (@PiCoreTeam) May 14, 2025

As per the announcement, Pi Network Ventures will fund startups and businesses that use Pi innovatively, whether in products, services, or daily transactions. The initiative focuses on turning Pi from a widely held token into one that is widely used in real life.

The funding comes from 10% of the tokens set aside for the Pi Foundation, a nonprofit organization designed to support Pi’s long-term growth and sustainability. The launch also comes sharply after the Open Network phase, which allows for external connectivity, making it easier to integrate Pi into broader digital and physical environments.

The key goals of Pi Network Ventures are:

Boost Pi Utility: Invest in startups that use Pi to improve user experiences and build practical apps or services.
Enable Real-World Production: Encourage companies to move their production processes to the Pi Network, making it more functional and valuable.
Real-Life Use Cases: Fund businesses that show how Pi can be useful in everyday life, making it a relevant and accessible cryptocurrency.

The initiative aims to create a strong feedback loop of innovation and adoption, offering both financial support and guidance to founders and businesses with high potential. Pi Network Ventures represents one half of the Pi Foundation’s two-track strategy to grow the ecosystem.

While it focuses on high-impact investments in select, high-potential startups to drive significant advancements in Pi’s utility and adoption, the other track centers around community-driven efforts. These include initiatives like hackathons and open platforms that empower the broader Pi community to build and experiment with new use cases. Together, these initiatives are likely to make Pi a real-world-valued cryptocurrency that serves developers, businesses, and its worldwide user base, referred to as Pioneers.

Пов'язані матеріали

Bitmine nears 5% of Ethereum supply despite $8.4B in unrealized losses

Bitmine Immersion Technologies has resumed purchasing Ethereum, acquiring an additional 9,926 ETH last week. This brings its total holdings to approximately 5.82 million ETH, representing 4.8% of the circulating supply and nearing its goal of owning 5% of all ETH. Despite an $11 billion portfolio value at current prices, the company faces significant challenges, sitting on over $8.4 billion in unrealized losses as much of its ETH was bought at higher prices during the bear market. Nevertheless, Bitmine continues its accumulation strategy, which began in June 2025. The company also stakes over 5 million ETH, valued at around $9.6 billion, generating an estimated $287 million in annualized rewards and providing a yield independent of price volatility.

cointelegraph21 хв тому

Bitmine nears 5% of Ethereum supply despite $8.4B in unrealized losses

cointelegraph21 хв тому

The Calm Before the Storm in the Bitcoin World: Two Analytics Firms Warn and Report on Critical Levels!

Two major crypto analysis firms have issued warnings about Bitcoin's current state, describing it as a period of calm before a potential storm. While Bitcoin has traded sideways between $60,000 and $65,000 for some time, both companies highlight critical price levels that could determine its next major move. Singapore-based QCP Capital notes that despite recent pressure, including geopolitical risks, high oil prices, and market uncertainty, BTC has held within its recent range, with $62,500-$63,000 forming a key lower boundary. The firm points out that Ethereum trading around $1,900 further signals low volatility and a lack of bullish sentiment. QCP states the market outlook lacks clear direction and is now focused on upcoming U.S. macroeconomic data, including the FOMC minutes, PCE inflation figures, the Jackson Hole symposium, and the next Fed meeting, which will be pivotal for BTC's breakout from this range. German analysis firm Makrovision Research observes that Bitcoin has been consolidating for weeks within a narrowing range, with resistance at $65,500 and support between $61,000-$62,000. They warn that as price compresses closer to these critical levels, a decisive breakout is imminent. A break above $65,500 could open a path toward $71,500, while a drop below $61,000 could trigger a test of new lows. The firm notes a significant drop in volatility, signaling that a sharp and significant price movement in either direction is approaching soon. *This is not investment advice.

cryptonews.ru30 хв тому

The Calm Before the Storm in the Bitcoin World: Two Analytics Firms Warn and Report on Critical Levels!

cryptonews.ru30 хв тому

US Repeatedly 'Violates Agreements', Iran's Hardliners Abandon Illusions about the US, Secretly Expand Military and Prepare for a 'New Round of Confrontation'

Following the signing of a US-Iran memorandum of understanding in June, US actions perceived as repeated violations have led Iran's hardliners to abandon diplomatic hopes and prioritize military preparations for a new phase of confrontation, according to intelligence reports. Iran's Revolutionary Guard has reportedly accelerated missile and drone production, deployed advisors to allied militias in Yemen, Iraq, and Lebanon, and extended operations to the Red Sea. Concurrently, Supreme Leader Ali Khamenei has reshuffled key security and military posts with staunch hardliners. Tensions have escalated with incidents including Houthi threats to block the Bab el-Mandeb Strait, Iranian missile strikes on targets in Jordan and Kuwait, and attacks on UAE vessels. While Iran announced an agreement with Oman regarding navigation in the Strait of Hormuz, it clarified this is separate from fully reopening the vital waterway to international shipping. Diplomatic efforts remain stalled as Iran's leadership shifts towards a "survival economy," viewing the current situation as a prelude to a larger conflict and preparing for prolonged confrontation.

marsbit45 хв тому

US Repeatedly 'Violates Agreements', Iran's Hardliners Abandon Illusions about the US, Secretly Expand Military and Prepare for a 'New Round of Confrontation'

marsbit45 хв тому

NEAR AI has implemented independent verification

NEAR AI Cloud has integrated Intel Trust Authority to provide independent verification of confidential AI computations. Clients can now receive a signed Intel attestation token confirming their tasks are executed within a secure Intel TDX environment. The platform uses Intel TDX to isolate AI workloads in protected virtual machines, with encrypted memory inaccessible to the host OS, hypervisor, or infrastructure operator. While NEAR AI already provides hardware attestation data, the new integration adds an independent verification layer from Intel. Intel Trust Authority verifies cryptographic signatures, matches the secure environment's parameters against Intel's reference values, and applies defined security policies. Following a successful check, it issues a signed JWT token as proof of attestation. This token can be used in other systems—such as key management or security platforms—to control access to protected resources like confidential data or encryption keys. It also serves as independent security validation for audits and regulatory compliance. Notable users of NEAR AI Cloud include Brave, Venice AI, Abound, the Government of Bermuda, OpenMind, and Corbits.

cryptonews.ru1 год тому

NEAR AI has implemented independent verification

cryptonews.ru1 год тому

Zebec integrates USX for generating yield

Zebec Network, a blockchain-based payroll and payments platform, has partnered with Solstice Finance, an institutional yield protocol on Solana. As part of this collaboration, the $USX stablecoin will be integrated into Zebec's payment infrastructure. This integration will allow companies to generate yield on funds pre-allocated for upcoming salary payments, which typically remain idle until payday. Employees will continue to receive their salaries via Zebec as usual. Additionally, users can receive $USX directly onto their Zebec debit card, enabling them to make purchases or withdraw funds to a crypto wallet as needed, with each $USX token valued at one US dollar. $USX is issued by Solstice Finance and is backed by hedged positions in BTC, ETH, SOL, stablecoins, and tokenized treasury bonds.

cryptonews.ru1 год тому

Zebec integrates USX for generating yield

cryptonews.ru1 год тому

Торгівля

Спот