19/06/2025
Pioneers, it has now been over 100 days since the launch of Open Network! The Open Network launch was the culmination of over six years of building Pi Network’s infrastructure and ecosystem, and making sure that its utility was ready for use at launch.
Open Network’s external connectivity unlocked Pi’s thriving ecosystem, innovative applications, and extensive peer-to-peer network for integration with the broader blockchain world. This also allowed businesses to integrate with Pi after passing the KYB business verification process.
Open Network was key to Pi’s mission: to create an inclusive, utility-driven, and widely adopted cryptocurrency that is accessible to anyone. Pioneers around the world—crypto enthusiasts, mainstream ordinary people, and everyone in between—are the driving force behind Pi because Pi is set to solve the problem of mass adoption and real world utility.
In the first 100 days of Open Network, Pi’s ecosystem and utilities have continued to benefit Pioneers and expand. Let’s take a look back at the network’s progress and growth, including key updates on utility.
Pi Network Ventures: Investing $100M in Innovative Startups
Pi Network Ventures, a development initiative of $100 million held in Pi and USD, was launched by the Pi Foundation to strategically invest in startups and businesses, including those that advance the utility, adoption, and real-world impact of Pi.
Its three main objectives are to boost Pi utility, enable more of the world’s production onto Pi Network, and bring Pi to the real world.
By investing in startups and businesses, Pi seeks to empower developers, many of which build, integrate, and innovate with Pi, and bring real-world utility. Pi Network Ventures investments seek out innovators that are focused on globally accessible, community-driven, and economically meaningful projects.
