The Pi Network team, known as @PiCoreTeam, has launched a $100 million venture capital fund named Pi Network Ventures. This initiative aims to support startups that integrate the Pi (PI) cryptocurrency into real-world applications across sectors such as gaming, fintech, e-commerce, and artificial intelligence. Despite the announcement, the PI token experienced a 30% price drop, falling from a market capitalization of $19 billion to $6 billion amid concerns over centralization, token supply unlocks, and weak app adoption. The community remains hopeful about potential catalysts for a rebound, including plans for decentralization, token burn mechanisms, and new exchange listings. Additionally, recent activity from Binance has sparked optimism within the PI community. The Pi Network team has also released updates on the tokenomics and roadmap, aiming to boost mainstream adoption of the PI token.