Pi Network Unveils $100M Startup Fund, Focuses on User Adoption and Identity Verification Amid Token Listing Delays
Pi Network, led by founder Nicolas Kokkalis, is taking major steps to boost cryptocurrency adoption and utility with over 60 million active users. The platform enables users to mine PI tokens via a mobile app, making crypto accessible without specialized hardware or technical knowledge. Uniquely, every wallet on Pi Network is tied to verified user identities, supporting compliance and transparency—a feature rarely seen among blockchain projects.
To expand real-world utility, Pi Network launched a $100 million fund, Pi Network Ventures, to back startups developing apps and blockchain gaming projects on its network. Supported projects gain access to funding and Pi’s large user base, with the aim of increasing payment use cases and app engagement.
At Consensus 2025 and through recent statements, Kokkalis reaffirmed Pi Network’s mission to drive mainstream crypto adoption. However, he did not provide a timeline for Pi Coin listing or the open mainnet launch. This ongoing delay, combined with a recent 17–25% drop in the off-market price of PI, has led to disappointment and divided sentiment within the community—especially among those focused on token liquidity and trading. Analysts note that investments in blockchain gaming often help drive network growth and token stability in the long term, but immediate uncertainty about listing and valuation creates near-term volatility and skepticism.
Crypto traders should closely monitor the rollout of new dApps and ecosystem milestones for potential impacts on PI’s market value and community confidence. The platform’s stress on user adoption, identity verification, and startup funding are positive fundamentals, but continued lack of listing transparency may pressure PI prices in the short run.
Bearish
The unified news highlights constructive developments for Pi Network, including a $100 million startup fund and continued focus on user-friendly crypto adoption and identity verification. These are positive for the long-term growth of the ecosystem and can foster real-world adoption, which historically can boost token stability. However, the absence of concrete updates on Pi Coin’s listing or open mainnet launch continues to frustrate users and investors seeking liquidity. This has led to a sharp drop (17–25%) in the off-market price of PI and divided community sentiment. Without an anticipated listing or clear valuation, short-term pressure and increased volatility are likely to persist. Therefore, the news impact is currently bearish for PI, with potential for improvement if key milestones are delivered.