What is Pi Network Ventures? Exploring the 100 Million USD Fund and Its Impact on Pi Coin

Recently, Pi Network officially announced Pi Network Ventures – an investment fund worth 100 million USD aimed at supporting startups building real-world applications for Pi (Pi Coin). This fund is financed by 10% of the Pi tokens held by the non-profit organization Pi Foundation, with a clear goal: to turn Pi from a "stored" asset into a currency with value in daily life. However, instead of generating excitement, this information caused the market to react negatively. The price of Pi plummeted by more than 45% in just one week, dropping from $1.5 to $0.88, which made the market capitalization evaporate by nearly 5 billion USD and pushed Pi out of the top 20 cryptocurrencies. The investor community was understandably bewildered, raising many questions about the true direction of the project. Towards practical applications: The Pi Network Ventures Fund is established According to information from PiNetwork24X7, this new investment fund will prioritize funding startups that build payment solutions using Pi, or integrate Pi into digital applications and services. This move comes right after Pi entered the "Open Network" phase, allowing for easier connections with external applications – an important step to turn Pi into a true financial tool. The development team believes that Pi is not just a good idea or a currency mined on phones, but it can truly become a real means of transaction if implemented in the right direction. Two-pronged strategy: From venture capital to the creative community The Pi Network Ventures fund is only half of Pi's development strategy. The other half comes from the community through hackathon competitions, open development tools, and platforms supporting application builders, encouraging millions of Pioneers around the world to experiment and innovate with Pi. However, the community still has many doubts. More than 6 years after Pi was introduced, many people still have not seen any decentralized (DApp) actually functioning. Trust is wavering: "Where is the promise of 100 DApps?" Influential cryptocurrency analyst, Dr. Altcoin, has called the announcement of the 100 million USD fund a "betrayal." He pointed out that after many years of promises, the Pi Core team has yet to launch 100 DApps as committed. Meanwhile, many loyal users are unable to accumulate even 1,000 Pi due to restrictive referral bonus policies and a lack of transparent communication. This makes many people feel abandoned after their initial contributions to the ecosystem. Additional pressure from price fluctuations and the token unlocking period. In addition to the negative reactions from the community, the price crash of Pi was further exacerbated by the unlocking of 5.2 million tokens, leading to significant selling pressure. Trading volume surged by 35% to nearly 1 billion USD, indicating a pervasive sense of anxiety in the market. Although the 100 million USD investment fund is expected to bring a new wind for Pi, it is clear that before wanting to "step out into the world," Pi needs to restore trust within its own community – those who have believed and persevered for many years. Summary The launch of Pi Network Ventures shows that the development team is serious about bringing Pi into real life. However, the lack of practical applications, unclear strategies, and community disappointment are significant barriers making it difficult for Pi to maintain its position in the market. Without clearer and more transparent steps, the trust of 70 million Pioneer users may continue to erode – something that any ecosystem would find hard to recover from.