Pi Network Ventures represents a focused and strategic initiative to aid in the transformation of Pi from a widely held token into a widely used one.
The Vision Behind Pi Network Ventures
Pi Network Ventures was created with three core objectives:
- Boost Pi utility: Support startups and businesses that integrate Pi into their products, services, and customer experiences.
- Enable more of the world’s production onto Pi Network: Get more real-world production processes, whether in the form of apps, transactions or companies, onto Pi by investing early on in startups and companies that create such processes.
- Bring Pi to the real world: Empower real-life use cases and applications that demonstrate Pi’s unique value as a widely distributed, accessible, and usable cryptocurrency.
By aligning incentives and providing resources to high-potential founders, startups and companies, this initiative aims to create a feedback loop of innovation and adoption, designed to benefit builders, businesses, and most importantly, the global community of Pioneers.
Pi Network Ventures is part of Pi’s diverse high-level strategies to boost utility and empower the Pi ecosystem: high-signal investment and incubation working in parallel with grass-roots utility and ecosystem movements. While high-signal investment and incubation typically target and support a limited number of high-quality startups and businesses based on very selective criteria, grass-roots movements can leverage the existing community of Pi and potentially generate a large quantity of attempts for utility at scale. Pi employs both strategies. Pi Network Ventures belongs to the former strategy, while measures like hackathons and any other platform that scales utility building are under the latter strategy.
Supporting Builders from Seed to Scale
Pi Network Ventures intends to invest in companies ranging from early-stage startups to Series B ventures and beyond. This broad scope provides greater opportunity to access high-potential innovators, as well as scaling and proven businesses, each of which provides more opportunity to enhance Pi’s utility.
Pi Network Ventures differs from most crypto ecosystem programs in at least two key aspects.
First, while blockchain-native startups will certainly be part of the portfolio, Pi Network Ventures’ investments will also focus heavily on general technology sectors, including generative AI and AI applications, FinTech, embedded payments, ecommerce platforms, marketplaces, social networks and real-world consumer and enterprise applications. This strategy resonates and derives from the second objective of Pi Network Ventures mentioned above.
From a global e-commerce platform that accepts Pi, to an AI-enabled service that leverages Pi for access or credits, to a traditional business integrating Pi into its loyalty program—if a company can drive real-world utility and ecosystem progress, the Pi Foundation plans to explore investment opportunities to support it.
Second, Pi Network Ventures’ investment processes are intended to mirror the practices of traditional Silicon Valley venture capital firms with respect to sourcing, selection, vetting processes and more, designed to identify and support high-impact and disruptive startups and businesses.
Strategic Benefits for Pioneers
Pi Network Ventures was created with the Pioneer community at its heart. Here’s how Pi Foundation believes it will benefit Pioneers and the community:
- More Utility for Your Pi
The single most important benefit to Pioneers is increased utility. As more businesses accept Pi and integrate it into real-world applications—products, services, transactions, and experiences—you’ll be able to use Pi in more diverse ways.
- Stronger Ecosystem
When businesses adopt Pi, they introduce it to new users and use cases. This creates natural growth while keeping usage aligned with real activity and utility, which creates a stronger ecosystem. A stronger ecosystem means more opportunities for Pioneers to participate—as users, builders, workers, and entrepreneurs.
- Incentivizing High-Quality Integrations
The Pi Foundation is focused on making investments in high-potential startups and top-tier businesses across sectors and geographies, including those that integrate Pi. This focus will in turn attract builders, increase scale, and expand the vision of the network, while accelerating adoption in a strategic and sustainable way.
- Network Effects in Action
Every business that joins the ecosystem has the potential to add value to every other participant. Pioneers gain access to new services. Developers get more tools and inspiration. Businesses tap into Pi’s user base. This compounding growth effect helps Pi transition from newly opened network into a widely accepted standard for decentralized utility.
Access to One of the World’s Largest Crypto Userbases
Companies that Pi Network Ventures may invest in could gain something incredibly rare in crypto and in traditional venture capital: the funds come with access to market—potentially addressing two of the essential components of building startups commonly referenced in startup literature. Portfolio companies will have a chance to access a sizable, active, and KYC-verified userbase with tens of millions of users of Pi Network across 200+ countries and regions, with over 19 million of them already having their identity verified through Pi KYC.
This global audience is not just an asset to businesses—it can be a competitive advantage. It may enable network-driven growth, customer feedback loops, and unique tokenomic models that would not otherwise be possible.
How Investments Will Work
While the investments will generally be denominated in US dollar terms, Pi Network Ventures will seek to make the majority of its investments directly in the form of Pi. This means that companies who join the ecosystem will be incentivized in the very currency they are helping to strengthen and grow.
Note that Pi Network Ventures’ investments are intended to provide both capital and strategic value over a broader timeframe to those believed to be best positioned to create value in the world and help provide additional ways to use Pi worldwide. The Pi Foundation is not obligated to invest the entire $100M, based on the quality of applicants and number of startups accepted into the initiative. Pi Network Ventures may make investments over time and from time to time, and may discontinue investing at any point in time.
A Turning Point for the Open Network
The launch of the Open Network brought Pi into a new era. Now, with Pi Network Ventures in place, the Pi Foundation can further focus on its mission to support and grow Pi’s global utility.
By investing in startups and businesses, many of which build, integrate, and innovate with Pi, and bring real-world utility to the network, Pi Network Ventures is laying the groundwork for a decentralized ecosystem that is globally accessible, community-driven, and economically meaningful.
Let’s Build the Future—Together
This announcement is just the beginning. Entrepreneurs interested in talking with Pi Network Ventures can apply here.
We can’t wait to see what the network will build together.