🍕 Bitcoin Pizza Day is Almost Here!
Join the celebration on Gate Post with the hashtag #Bitcoin Pizza Day# to share a $500 prize pool and win exclusive merch!
📅 Event Duration:
May 16, 2025, 8:00 AM – May 23, 2025, 06:00 PM UTC
🎯 How to Participate:
Post on Gate Post with the hashtag #Bitcoin Pizza Day# during the event. Your content can be anything BTC-related — here are some ideas:
🔹 Commemorative:
Look back on the iconic “10,000 BTC for two pizzas” story or share your own memories with BTC.
🔹 Trading Insights:
Discuss BTC trading experiences, market views, or show off your contract gai
Pi Network to invest $100M in startups: A Strategic Move to Drive Ecosystem Growth!
The Pi Foundation, an "ownerless" organization dedicated to the long-term development of the Pi ecosystem, announced on May 14, 2025, the establishment of Pi Network Ventures. This initiative aims to invest in high-quality startups and companies across various sectors, including blockchain, fintech, e-commerce, and artificial intelligence, that integrate Pi into their products and services. The fund comprises both Pi (PI) tokens and U.S. dollars, with the Pi tokens drawn from the 10% reserve allocated for ecosystem development. Pi Network Ventures plans to support startups from early stages through Series B funding rounds and beyond, providing both capital and strategic value to foster innovation and adoption within the Pi Network. 🌐 Empowering Startups with Access to a Global User Base One of the unique aspects of Pi Network Ventures is that funded startups will gain access to Pi's extensive user base, which includes over 19 million KYC-verified users across more than 200 countries. This global community offers a significant advantage for startups aiming to achieve rapid adoption and feedback for their products and services. 🔍 A Venture Capital Approach with a Broader Vision Pi Network Ventures distinguishes itself by adopting practices akin to traditional Silicon Valley venture capital firms, focusing on rigorous sourcing, selection, and vetting processes to identify and support high-impact and disruptive startups. While the fund will certainly invest in blockchain-native startups, it also aims to support companies in general technology sectors, including generative AI, embedded payments, and social networks, thereby broadening the scope of Pi's real-world applications. 📈 Community Response and Future Outlook The launch of Pi Network Ventures has elicited mixed reactions within the Pi community. While many see it as a significant step toward enhancing Pi's real-world utility, some community members have expressed concerns about transparency and the need for more direct engagement with the user base. Nevertheless, the Pi Foundation believes that this strategic investment initiative will create a feedback loop of innovation and adoption, ultimately benefiting builders, businesses, and the global community of Pioneers.
Disclaimer: This information is provided for educational purposes only and does not constitute financial advice. Cryptocurrency investments carry a high level of risk and volatility. Always conduct your own research and consult with a professional financial advisor before making any investment decisions.