{"id":165228,"date":"2025-08-05T18:00:45","date_gmt":"2025-08-05T15:00:45","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=165228"},"modified":"2025-08-05T17:45:51","modified_gmt":"2025-08-05T14:45:51","slug":"pi-network-backs-20m-robotics-project-as-it-expands-beyond-blockchain","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/pi-network-backs-20m-robotics-project-as-it-expands-beyond-blockchain\/","title":{"rendered":"Pi Network Backs $20M Robotics Project as It Expands Beyond Blockchain"},"content":{"rendered":"<p>This marks the first major deployment from Pi\u2019s $100 million venture fund focused on bringing blockchain into real-world technologies.<\/p>\n<p>OpenMind, led by Stanford\u2019s Jan Liphardt, is developing OM1, a universal operating system to enable seamless communication between robots across different industries. The system is paired with the FABRIC protocol, which addresses identity, trust, and coordination between machines\u2014key components in creating a decentralized robotics infrastructure. Target use cases span from autonomous vehicles to factory automation and assisted living.<\/p>\n<p>Top investors such as Coinbase Ventures, Pantera Capital, Ribbit Capital, and Sequoia China also participated in the round, signaling broader interest in OpenMind\u2019s vision of a connected, cross-platform robotics future.<\/p>\n<h2>Is Pi Expanding or Losing Focus?<\/h2>\n<p>The move sparked mixed reactions within the Pi community. Some hailed the investment as a forward-looking leap into the intersection of AI and Web3. Others voiced concern that Pi\u2019s resources might be better directed toward strengthening its core blockchain infrastructure. Still, the strategic intent seems clear: Pi Network is positioning itself as a foundational layer for future machine-to-machine economies, where the Pi token could play a key transactional role.<\/p>\n<p><div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1\">Read More:<\/h5>\n    <a class=\"article row post-165144\" href=\"https:\/\/cryptodnes.bg\/en\/grayscale-revamps-leadership-team-names-barry-silbert-as-board-chairman\/\" title=\"Grayscale Revamps Leadership Team, Names Barry Silbert as Board Chairman\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img class=\"image img-defer\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2022\/07\/grayscale-bitcoin-trust-GBTC-240x170.jpg\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\">Grayscale Revamps Leadership Team, Names Barry Silbert as Board Chairman<\/h4>\n        <\/div>\n    <\/a>\n<\/div>\n<\/p>\n<h2>Ecosystem Developments Continue<\/h2>\n<p>Alongside this venture push, Pi Network has introduced a new Passkey login system for its wallet, offering users a simplified, password-free authentication experience. The update arrives amid speculation around future exchange listings and ongoing momentum in Pi\u2019s broader ecosystem development.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Pi Network\u2019s venture division has taken a significant step into the robotics sector, investing in a $20 million funding round for OpenMind\u2014a Silicon Valley startup aiming to standardize intelligent machine interactions.<\/p>\n","protected":false},"author":7,"featured_media":150630,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[24],"tags":[280],"coin_category":[],"class_list":["post-165228","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-altcoins","tag-coinbase"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ 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