San Francisco, USA – Pi Network don launch one big initiative wey dem dey call Pi Network Ventures, wey go invest $100 million in startups and businesses wey fit boost the use of Pi Coin for real life. Dis investment wey get both Pi and USD na wetin go help drive innovation and adoption across different industries.
According to di Pi Foundation, wey be di organization wey dey manage dis initiative, dem go focus on companies wey dey build real-world cases, especially for technology sectors like FinTech, gaming, e-commerce, and generative AI. Dis money go help startup wey wan take advantage of di 10% of tokens wey reserved for ecosystem development.
“Pi Network Ventures na our way to support fresh ideas and ensure sey Pi ecosystem dey grow sustainably,” na so di spokesperson talk. “We wan create strong feedback loop between innovators and supplies to benefit every pioneer wey dey use Pi.”
Di investment approach no go be like wetin traditional venture capitalist dey do; instead, dem dey adopt best practices from Silicon Valley to identify high-impact companies. Dis na the first wey such kinda fund go emphasize real-world value instead of just speculative gain.
Sixty million users across more than 200 countries don already start to use Pi, and over 19 million of dem don complete dem KYC verification. Dis na big advantage for companies wey go receive di investment from Pi Network Ventures, as dem go tap into this large, active user base while dem dey grow.
“Di funds wey we go provide no be just money. Our startups go enjoy access to market, wey be two very important areas for building successful businesses,” na wetin di foundation explain. Dis unique approach fit bring rapid growth to potential businesses.
Di Pi Foundation don stress sey dem go consider applications from early-stage startups go as far as Series B companies, and di investments go depend on di quality of di applicant and di readiness to maximize Pi Coin’s utility.
“As we dey grow Pi, we dey constantly look for new ways wey businesses fit integrate Pi within dem systems,” di statement continue. “We believe sey with this funding, we don provide capital and community support wey startups need to succeed.”
Entrepreneurs wey interested fit apply to receive investment from Pi Network Ventures to join di flourishing Pi ecosystem wey go power di future of financial transaction globally. Dis initiative, coupled with di recent launch of di Open Network, signify di shift toward real-world applications for Pi Network, making it a major player in cryptocurrency space.
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