- Pi Network announces $100 million fund for development.
- Token experiences volatile price movement.
- Community reactions are mixed.
Pi Network has introduced a $100 million fund during Consensus 2025, intending to support ecosystem development.
The announcement represents significant potential for growth within the Pi Network ecosystem, although token volatility and speculative trading trends present challenges.
Pi Network has launched a $100 million fund to support startups focusing on Web3, fintech, and AI on its blockchain. This announcement was made during the Consensus 2025 event, marking one of its largest capital investments.
This fund aims to attract and finance startups and businesses that will advance the utility and adoption of PI. Despite no direct statements from founders, the PiCore Team’s latest update on their project
highlights its commitment to ecosystem growth.
The fund announcement triggered notable price fluctuations for the PI token, spiking up due to “buy the rumor, sell the news” actions. Following the announcement, prices dropped sharply to around $0.80.
While the fund announcement sparked excitement, skepticism persists due to unclear mainnet progress and adoption rates. The lack of a confirmed Binance listing adds to market uncertainty, despite community buzz.
“The recent $100 million ecosystem fund is intended to boost developer participation and real-world utility.”
Despite these challenges, the $100 million fund underscores significant investment interests, with community members eagerly watching for any further regulatory or on-chain utility confirmations. The fund’s success in boosting real-world applications will likely shape Pi’s future narrative.