Exclusive reveal of the Presidential Inauguration Crypto Ball - Political and industry bigwigs gathered, and the core influential circles in the crypto world were first revealed

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MetaEra
01-14
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As the Presidential Inauguration approaches, MetaEra cordially invites you to an exclusive journey to explore the highlights of The Inaugural Crypto Ball, a captivating crypto-themed gala.

Author, Source: MetaEra

To celebrate the upcoming Crypto Ball, The Inaugural Crypto Ball, hosted by BTC Inc. and Stand With Crypto, will be held on Friday, January 17, 2025, at 8:00 PM local time at the Andrew W Mellon Auditorium in Washington, D.C.

MetaEra has exclusively compiled the highlights of the event for you:

1. Crypto Czar David Sacks Involved in Hosting

The newly appointed AI and Crypto Czar, David Sacks, is involved in hosting this globally anticipated event, which has raised high expectations within the industry. Market analysts believe that as the newly appointed Crypto Czar, David Sacks will play a bridging role between the government and the crypto industry, accelerating the process of building the U.S. Bitcoin strategic reserve. He will play a crucial role in eliminating over-regulation and formulating policies that facilitate the synchronous operation of the crypto industry and the traditional financial sector.

2. Leading Listed Companies and Crypto Industry Heavyweights Provide Strong Support

According to the event website, the list of sponsors for this gala includes not only leading crypto-native companies such as Anchorage, Kraken, Sui, MetaMask, Galaxy, Ondo, Solana, Etoro, and Uniswap, but also crypto-friendly publicly-listed companies like Coinbase, MicroStrategy, Marathon Digital, Nano Labs, Exodus, and Metaplanet. The strong support from these large enterprises and institutions displayed on the event website not only reflects the optimistic sentiment and purchasing power of the market, but also represents the industry leaders' and builders' active embrace of regulation and their determination to enter the mainstream market.

3. Crypto Themes Integrated into Mainstream U.S. Political and Business Activities

The hosting of the Crypto Ball during the Presidential Inauguration has once again brought the crypto industry into the spotlight, signifying the mainstreaming of the crypto industry. The high-profile VIP treatment and expensive ticket prices, as well as the gathering of the political and industry's core circle, have led people to have high hopes for the grand future of the crypto industry under the new government leadership. Industry leaders also generally believe that this themed gala marks a significant turning point in the relationship between the crypto industry and Washington, and the enthusiastic participation of the new President's close associates and industry luminaries suggests that the incoming Trump team may become the most crypto-supportive government in U.S. history.

Here are the interpretations of this event by various renowned figures:

Bitcoin Magazine CEO David Bailey tweeted that this event aims to "celebrate the birth of the first Bitcoin President and show DC that change is coming." Participants will see "members of Congress, new administration officials, and industry leaders - the pillars who will work together over the next four years to make America the center of the Bitcoin and crypto universe."

Fox Business News reporter Eleanor Terret revealed on the X platform that during the Crypto Ball event, Trump's super PAC MAGA Inc. will host a VIP reception together with AI and Crypto Czar David Sacks (the elected President Trump has no plans to attend). Tickets for the reception will cost as much as $100,000 each.

MARA Holdings Chairman and CEO Fred Thiel tweeted, "Bitcoin represents the future, and America is ready to lead this revolution, empowering a new era of economic growth, national security, and freedom. MARA is honored to sponsor the inaugural Crypto Ball in Washington, D.C., hosted by David Sacks and David Bailley."

Nano Labs founder and CEO Jack Kong also tweeted, "I am honored to be invited to the inaugural Presidential Inauguration Crypto Ball, a milestone event. Nano Labs will support the inaugural Crypto Ball in Washington, D.C., co-hosted by David Bailey and AI and Crypto Czar David Sacks. Blockchain will reshape the future of finance and technology, let's work together to create a brilliant future! Congratulations to President Donald Trump!"

It is worth noting that the Digital Sovereignty Alliance (DSA) is also a sponsor of this event. According to a Cointelegraph report, "DSA is dedicated to improving the quality of public policy and public understanding of blockchain technology, and has announced the support of a coalition of crypto and blockchain industry pioneers led by the TRON DAO." TRON founder Justin Sun also publicly emphasized his support for DSA: "TRON is proud to support DSA in its efforts to advance crypto policy in America. We are excited to see DSA working closely with legislators, industry experts, and community leaders to craft crypto legislation that will foster the healthy development of the entire digital asset industry."

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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