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PI networkBlockchain platform designed for mobile phone users, Make a new fund worth $ 100 million To support projects based on its system.
The financing will Come through a group called PI Network VenturesWhich will provide money in both the PI and the US dollar.
The idea is Support companies that are used in their services or help in developing the total network. PI explained the team behind the project, in a May 14 announcement This decision aims to make PI more useful.
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According to a speaker, Most investments will be made using PI codesAlthough the values will be calculated in dollars. They said that the goal is to give companies the same currency that they will work with.
The Fund plans to support companies at different stages, including new startups and those already in the Funding Tours B. The focus will be on tools and practical services that bring more activity to the PI network.
PI Network Ventures Its support for encryption tools will not limit only. It will also look in areas such as artificial intelligence (AI), financial technology, online shopping platforms, social media, and personal and commercial use applications.
In addition, the team said they will take a more traditional approach, including carefully reviewing possible projects, meeting with the founders, and choosing ideas that may have a strong impact.
Meanwhile, Stripe, a financial infrastructure platform, recently announced new products that expand their use of Stablecoins and AI during the annual user event in San Francisco. what are they? Read the full story.
After completing a master’s degree in economics, politics and the cultures of East Asia, Harun wrote scientific papers to analyze the differences between the Western and collective forms of capitalism in the post -World War II era.
With nearly a contract in Fintech, Aaron understands all the biggest issues and conflicts faced by encryption fans. He is an emotional analyst concerned with data -based data based on data -based, as well as those that speak to each of the WEB3 citizens and new expatriates in the industry.
Aaron is the person who starts in everything and anything related to digital currencies. With a great passion for teaching Blockchain & Web3, Aaron seeks to transform the space as we know it, and make it more friendly to complete beginners.
Harun was carried by fixed outlets, the author of himself. Even during his spare time, he enjoys searching in market trends, searching for the following Supernova.
