PI Foundation launches $ 100 Million Fund for starting for ecosystem power growth

The PI network invests 100 million dollars through its PI network endeavors, focusing on the Startepe that breed an ecosystem.

PI Network (Write) He invests millions in his ecosystem to promote adoption. On Wednesday, 14. Maya, the PI Foundation announced the launch of PI network ventures, awarding $ 100 million to finance launch. In a press release set by Cripto.News, the Foundation said the Fund at risk style will invested in investing in rehearping in its ecosystem.

The fund will focus on startup that drive adoption and usefulness in the real world, as well as those that integrating PI crypto. Moreover, the fund is also open to run that is not strictly cryptorous. According to the Foundation:

“PI Networks The endeavor is planning not only block for home starts, but also a wide range of companies in generative AI, gaming platforms, fintech, eCommerce, built-in salads, marketplace, social networks and other real-world applications.”

Pi Network Engagement for Silicon Valley Mirror

The Foundation also emphasizes another break from traditional crypto models. The famous, PI Network venture plans to operate under the principles of traditional risk companies popularized in a silicon valley.

This approach includes sources, selection and checks and checks that traditional VC companies use to identify companies with the greatest potential influence on the market. This will include investing in companies in all phases, from the beginning of the early phase to the B + Company series, and even further.

One significant difference from the traditional VC model lies in its goals. Unlike most funds that focus exclusively for profits, PI network ventures will priority priority to the creation of value and ecosystem utility. The goal is to support projects that integrate PI tokens into their services or use PI network technology in real-world applications.

Through this strategy, the PI network endeavor hopes to increase adoption and demand for PI token, while supporting significant innovations in the industry.