• Pi Ventures invested in CiDi with the goal of increasing the Web3 gaming use case for Pi holders.
• Group response drove Pi’s value up 7%, highlighting GameFi’s rising however unsure market potential.
• Partnership indicators Pi Community’s foray into large-scale Web3 gaming alternatives

On November twenty sixth, Pi Community introduced a deep two-way integration with a gaming platform referred to as CiDi Video games. At the least for now, this transfer seems to have reinvigorated the crypto neighborhood’s curiosity in cell mining cash.

In a press launch printed on Pi’s web site earlier this week, the corporate introduced that it has entered right into a “strategic partnership” with CiDi Video games. The corporate plans to develop video games that combine with the Pi and construct integrations into present video games within the close to future.

Pi claims the partnership not solely expands real-world use circumstances, but additionally supplies a “clear sign” to builders that the platform is concentrated on large-scale video games, creating new alternatives for Pi homeowners and fanatics.

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On the identical time, the corporate’s enterprise capital arm, Pi Community Ventures, introduced an funding in CiDi Video games to “additional strengthen” the partnership.

“By combining Pi’s world attain with CiDi Video games’ confirmed capabilities in constructing modern video games, each organizations are setting the stage for a brand new period of Web3 gaming, one the place Pi is on the heart of enjoyable, accessible, and significant digital experiences.” The corporate said in a press launch:

Though CiDi Video games wasn’t very well-known and did not have any video games to showcase, this announcement sparked a optimistic response from the neighborhood.

Up to now 24 hours since this announcement was made, Pi has surged 7% from a low of $0.241 to $0.258. It stays to be seen whether or not it could possibly keep its momentum as Bitcoin stalls and main altcoins decline.

GameFi stays a big and rising section general. Though it’s not possible to precisely decide the scale of that market, some estimates put it within the tens of billions of {dollars}, and it’s anticipated to extend to a whole bunch of billions of {dollars} inside six months. In 2025, there’ll already be 1000’s of GameFi tasks throughout a number of blockchains and lots of genres, which implies the business has come a good distance in just some years.

It is also value mentioning that many GameFi tasks have failed. Nobody is aware of if Pi can be profitable, however with such a big, thriving, and engaged neighborhood, if anybody has a preventing probability, it is the Pi Community.

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