Pi Network invests $10 billion fund to create Bots with OpenMind?

robot
Abstract generation in progress

Recently, Pi Network Ventures has made quite a significant move - investing 100 million USD to establish the Pi AI Investment Fund, specifically focusing on hot sectors like AI, Bots, and GameFi. On the surface, it seems like they are doing what a VC is supposed to do, but the community's reaction is somewhat complicated.

Where did the money go?

This 100 million USD is mainly invested in four directions:

  • Generative AI: Content generation and applications
  • Fintech: Improving payment and financial tools
  • GameFi + E-commerce: Integrating blockchain user experience
  • Web3 Tools: Expand Decentralized Applications

It indeed looks quite balanced and aligns with the approach of Silicon Valley VCs—betting on promising sectors and pursuing long-term growth.

OpenMind Investment is the Key Action

The most notable investment of Pi Network is OpenMind—a company that develops operating systems for humanoid robots. They are working on what is called “Robot Android,” with the core being the FABRIC protocol, allowing AI workloads to run on a decentralized network.

Interestingly, Pi Network has already conducted a proof of concept: allowing 350,000 node operators to execute AI workloads, successfully running through it completely. Node operators can also earn Pi token rewards for their contribution of computing power. This logic has some merit - driving network value with real computational tasks.

AI is already in the core features.

Pi Network has long integrated AI. Their AI-driven KYC system has verified 3.36 million accounts, which was their biggest bottleneck before. It has simplified the user registration process and enhanced security. From this perspective, the practical application of technology is indeed advancing.

What does the community think?

This is where it gets interesting. Supporters believe that this is a real innovation, and investing in external projects can bring real application scenarios to the ecosystem, boosting the demand for Pi coin.

But there are also voices questioning: why invest so much money into external projects? What about the ecological construction of Pi Network itself? Will this kind of decentralized investment actually weaken its own development?

Honestly, such divergence is quite normal. The key question is: Can these investments really bring utility and value to Pi Coin in the end?

Can it last long?

Logically speaking, if OpenMind's Bots really become popular and require Pi coins as a transaction layer, it would indeed drive demand. But the premise is:

  1. These projects can really be realized (not just financing stories)
  2. Pi Coin can become the payment standard for these ecosystems (there are many competitors)
  3. Community confidence can be maintained until real results are seen.

The risk of this operation is that if these large investments do not yield significant returns, community confidence will greatly decline. If successful, the Pi ecosystem may really be able to jump from the conceptual stage to the stage of having practical applications.

As of now, this is still a big gamble.


Disclaimer: This article is for informational reference only and does not constitute investment advice. Investing in crypto assets carries high risks; please evaluate on your own.

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