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Pi Network Ventures made its first investment to OpenMind, a company that develops an operating system and open-source protocol for robots to think, learn, and collaborate – similar to Android for robots.
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Pi Network Ventures
This investment in OpenMind is in line with the key objectives of both Pi Network and Pi Network Ventures. Pi Network seeks to leverage blockchain and the resources associated with it to solve real-world problems. Pi Network Ventures is working to capture more of the world's production on the Pi and increase its usefulness.
OpenMind
OpenMind technologies create a layer of shared intelligence that allows robots to collaborate and learn collectively in a decentralized ecosystem. This complements Pi's vision for the future of blockchain and artificial intelligence , where decentralized infrastructure supports open innovation and fair participation.
Function tests
In addition to this investment, Pi Network and OpenMind collaborated and completed a proof-of-concept project in which volunteers Pi node operators were running image recognition AI models for OpenMind, demonstrating that it is possible for Pi node operators to run computations for third-party organizations. This early experiment, where OpenMind AI models can run on Pi node infrastructure, explores the ability of a global network of Pi nodes to support decentralized tasks training and artificial intelligence computing – another Pi node utility that, in addition to securing the Pi ledger, also represents a platform-level utility. It is also a utility at the platform level, which relies on the collective resources of the network, i.e. the computing power of its more than 350,000 active nodes.
Transforming unused computing power
By transforming unused computing power into productive work, this effort:
- allows AI products to obtain and fulfill their computational requirements from Pi nodes by paying node runners in Pi, and
- allows Pi node runners to opt in to earn Pi from another node utility, in addition to node mining rewards.
This Pi node utility can help further integrate Pi into the AI economy through these contributions to AI computing and training models in the AI infrastructure layer.
OpenMind's strategic alignment with Pi Network Ventures' goals
OpenMind develops infrastructure that enables robots and intelligent systems to interact with their environment and each other – securely and without dependency on single-vendor ecosystems. Its hardware-agnostic operating system, OM1, supports the integration of intelligent machines into real-world contexts.
The newly introduced FABRIC protocol allows machines to verify identity, share context, and coordinate across physical and digital environments. Learn more about OpenMind here. .
Investing in OpenMind offers a potential opportunity to work on Pi Network's broader vision for blockchain in a world driven by artificial intelligence .
Pi Network Goals
Pi Network Ventures’ participation in the OpenMind funding round reflects its commitment to supporting strong startups and enterprises, both in the blockchain space and across technology sectors that align with Pi Network’s direction. This complements its three main investment objectives:
- Increase the usefulness of the number Pi ,
- Enabling transmission to most of the world production to the Pi network a
- Putting Pi in real use cases .
When it comes to blockchain in an AI-driven world, Pi Network recognizes that technological productivity—particularly as a result of AI—raises questions about distribution, production, and the role of human labor and intelligence. In a future where productivity and transactions are increasingly performed by AI agents acting on behalf of humans, the integration and availability of payment methods for these agents is an important element.
AI infrastructure
An infrastructure that enables these agents to operate autonomously and coordinate effectively in real-world environments will be essential.
OpenMind aims to build shared intelligence that supports machine collaboration across industries – from autonomous logistics to industrial automation – and contribute to the development of an interoperable AI application layer. This layer sits between high-performance AI infrastructure and real-world manufacturing, and in Pi’s view, strengthening this layer is essential to ensuring that the benefits of AI reach human participants equally.
The architecture that OpenMind is developing could represent one path to developing the coordination infrastructure necessary to scale intelligent systems in an open and adaptable manner. Such systems could then create opportunities for blockchain-enabled layers of identity, access, authentication, payments, or incentives—categories where Pi has existing infrastructure and ecosystem activity.
In this context, Pi Network Ventures' investment in OpenMind supports the broader goal of preparing a technical and ecosystem environment integrated with real-world Pi tools in a world increasingly dominated by artificial intelligence.
Proof of Concept: Moving towards decentralized computing
The initiative to allow Pi node operators to run computations for OpenMind represents the early stages of exploring decentralized computation for AI training using the distributed capacity of the global Pi node network.
Pi consensus algorithm
The Pi consensus algorithm is designed to be energy efficient, meaning that securing the ledger itself does not require the full computing power of the entire Pi network of over 350,000 nodes (although it does benefit from the decentralized aspect of these many nodes). As a result, Pi nodes retain a large amount of unused computing power. This collective computing power capacity is a valuable resource that can enable the emergence of new tools above the node layer, such as decentralized cloud computing.
Use of free capacity
As AI continues to demand ever-increasing computing resources, leveraging this spare capacity from the global Web3 network can help meet these needs while providing real-world utility for Pi. By enabling nodes to perform AI-related computations, Pi opens up the potential for a new vertical of utility and economic activity within its ecosystem. Those who need computing power to train AI models could pay Pi node operators for additional capacity. , creating a decentralized cloud computing market that is more accessible and cost-effective than traditional centralized platforms.
Conclusion
This vision could be further expanded by combining decentralized Pi work networks with its computational layer – which would allow developers of artificial intelligence models to access human feedback and computing power within the same ecosystem.
Pi thus aims to create a closed environment where people contribute work, provide computing power, and receive Pi in return – which would drive the next wave of AI development through decentralized participation.
Note
Investment Pi Network Ventures They are intended to provide both capital and strategic value over the longer term to those considered best positioned to create value in the world, and help provide additional uses for Pi around the world.
Investment processes are intended to mirror traditional Silicon Valley venture capital firms in terms of sourcing, selection, vetting processes, and more, and are designed to identify and support high-impact and disruptive startups and businesses. With this in mind, Pi Network Ventures’ participation should be viewed strictly as an investment, not as a guarantee that the investee will succeed. Venture capital practices seek to support transformative startups and innovations – driven by the strength and performance of each team involved – with a focus on companies that have a high ceiling for success that outweighs the potential risks.
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PiNetwork
Pi Network Announcement
PiNetwork is a blockchain-based cryptocurrency project that aims to allow users to mine coins Pi using smartphones. The project aims to promote the adoption of cryptocurrencies.
The project was launched by doctoral students at Stanford University in 2019. PiNetwork offers users a simple and environmentally friendly way of mining Pi coins by simply opening the app and pressing a button once a day.
One of the features of the Pi network is that users can increase mining speed by expanding their network. Pi Network also aims to increase the value Pi coins by allowing users to create and use web applications on the platform Pi.
PiNetwork is currently launching its mainnet. To to Pi Network To join, you must download the mobile app and enter an invitation code. PiNetwork is an innovative project that aims to pave the way for the future of cryptocurrencies.
How to participate in Pi Network
If you are not a member of the Pi Network, you can get started in 5 minutes by clicking here link. By registering using my referral code jwkkbiz we can earn Pi both. Pi Network is an application that allows you to easily mine the cryptocurrency "Pi" on your smartphone. By pressing a button once a day, you start mining for 24 hours, even if you leave your phone idle. In 2024, I mined 360 days a year, and those who accepted the invitation received many benefits. If you register using a referral code jwkkbiz, you will get a 25% increase in mining speed.
After 30 minings you will pass KYC (Know Your Credit), so remember to enter your real name when registering. If you register incorrectly, you will lose 20% as a penalty.
For more detailed information and reasons for registration, please see here.
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