Pi Network Launches $100M Venture Fund for dApps

Pi Network announced a $100 million venture fund targeting decentralized app development, expanding its ecosystem in May and June 2025.

The fund aims to attract developers to the Pi blockchain, noted for its open mainnet status and growing user base.

Nicolas Kokkalis Unveils $100M Fund at Consensus 2025

Nicolas Kokkalis, Co-Founder & CTO, spearheaded the announcement at the Consensus 2025 Conference. The $100 million Pi Network Ventures fund seeks to foster decentralized app development and boost ecosystem growth.

While community anticipation was high for new exchange listings, no such announcements were made. KYC completions stand at over 19 million users out of a 60 million user base.

Volatility Follows Late May Pi Token Unlocks

The fund positions Pi as a builder-friendly network, attracting developer talent globally. Token unlocks in late May 2025 sparked volatility, causing a token price drop of 6% in one week.

Community sentiment remains mixed; while developer interest grows, there is dissatisfaction due to centralization issues and pace of full decentralization.

Experts Draw Parallels with Filecoin Token Releases

Pi’s token unlocks follow patterns seen with Filecoin and Optimism, wherein large supply releases test market stability. Past examples suggest prices may initially dip after such events.

Expert projections indicate potential for price recovery as dApp infrastructure increases and smart contract functionality gets integrated into the network.