#PI# Pi network official X account published the latest news on May 18, 2025:

The establishment of the web3 venture capital fund project Ventures adheres to three core objectives:
1. Enhance the practicality of digital tokens. Attract more startups to develop high-quality practical ecological applications. Apply digital tokens to real practical ecological fields, rather than just a single speculative market.
2. Transfer more of the world's production to the web3 network. By providing a venture capital fund of 100 million M yuan for ecological construction, more real enterprises will be brought on-chain. Large实体公司 will embed their business and services into the web3 network, integrating digital token payment operations and expanding the digital economy landscape.
3. Bringing digital tokens into the real world. Adopting the strategy of the venture project Ventures, aiming for seamless switching and adoption of digital token payments in web2 networks and the web3 ecosystem. Expanding digital token payments to a wider global community of offline physical stores and commercial activities, making the adoption of digital tokens more prevalent and convenient in people's daily consumption and payments in the real world.
Comment: This is a detailed measure regarding the change of the App wallpaper content on May 14. The goal is good, but it will take a few years for practical results to be achieved.
Today, the coin price rose sharply, forming a medium bullish candlestick. Since the effects won't be immediate, it will continue to return to test the bottom after the rebound.