Pi Network has its attention to expanding its ecosystem with the latest play that includes the launch of the VC box worth $ 100 million. The new fund will finance startups and startups that advance in the facilities and the approval of the PI network.
Pi Network launches an investment capital fund with a value of $ 100 million to expand the ecosystem
According to press releasePI Network has announced a new $ 100 million fund (VC) to support innovative startups in the ecosystem. According to the statement, the fund will contain assets in both the coins of the US dollar and PI, which calls on projects that follow the interest of PI in the real world.
The new fund will be spent at a value of $ 100 million through the PI Network Ventures project, a newly denying entity created by PI. According to the advertisement, PI currencies that make up part of the money stems from the PI reserves.
Pi Network Ventures will invest in companies that focus on PI in the early stage, including series B and subsequent tours. Moreover, the PI Fund will expand support beyond the original startups Blockchain with the attention of startups for e -commerce and e -commerce.
“This initiative gives creators the resources they need to create solutions that solve real problems while enhancing the value of the PI,” said Nicholas Cocalis.
This announcement comes at the beginning of consensus 2025, where the project is expected to appear in this event.
Is this a widespread declaration of the ecosystems?
The PI Core (PCT) team has previously disturbed an advertisement on the ecosystem on May 14, leaving the members of society on the brink of the abyss. Although the $ 100 million fund has led to a wave of excitement, there is speculation that the launch is only the tip of the iceberg.
Community members have their attention in the possible exchange list of PI. While gossip continues in the potential Binance menu in infiltration, the HTX menu collected a large vapor network.
HTX dropped a series of hints that indicate a possible list of social media publications and raises optimism. APBIT is another possible exchange list, given the huge number of Pi currency holders in South Korea.
Before announcing the ecosystem, via the price of the PI $ 1, to Leapfrog Litecoin (LTC) and Bitcoin Cash (BCH). The advertisement of the inclusion during the 2025 gathering event will indicate the adoption of the prevailing in addition to the bullish trend of Pi Currency.
Alio Bokima
Aliyu Pokima is an encrypted journalist and a tattoo of the emerging techniques with talent to cover the stories of needing needle in space. Aliyu offers urgent news stories, organizational updates, and insightful analysis with depth and accuracy. When he does not wander in the plans or the late follow -up, Aliyu enjoys playing guitar guitar, lifting weights and ran the marathon.
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