Pi Unveils $14 Trillion Venture Program: Shifting from Holding to Using

# Pi Network Introduces $10 Billion Venture Program to Enhance Ecosystem and Real-World Applications Pi Network has made a groundbreaking move to expand its ecosystem and foster real-world applications. On October 14 (local time), Pi Network unveiled "Pi Network Ventures" via its official X account (formerly Twitter). This initiative will deploy approximately $10 billion (around 14 trillion KRW) in funding, drawn from 10% of the Pi supply designated as the foundation's reserve. # Primary Goals: Enhancing Real-World Utility and Mainstream Adoption This new venture program is focused on three key objectives: boosting Pi’s applicability in real-world scenarios, integrating it with productive activities, and establishing it as a daily payment method. The Pi Foundation stated, “To promote the expansion of the Pi ecosystem, we plan to offer funding and mentoring to startups and enterprises.” This initiative aims to counter longstanding criticisms that the network is overly focused on token accumulation rather than practical use. # Market Challenges and Price Decline Despite its ambitious agenda, Pi Network has recently encountered mixed market reactions. Delays in its roadmap and a lack of updates about exchange listings have contributed to a decline in Pi’s price. As of 8:50 a.m. on October 15 (KST), Pi was trading at $0.90 on OKX, reflecting a steep 27.22% drop from its price the previous day. Pi Network Ventures marks a strategic move to cement the cryptocurrency's position in the competitive blockchain arena. However, market challenges and successful execution will be crucial to overcoming skepticism and achieving meaningful results.