Washington, January 16: As President-elect Donald Trump prepares to be inaugurated next week, the crypto industry is organizing one of the most anticipated events—the Crypto Ball—to celebrate his return. Dubbed "the first Crypto President," Trump is the focal point of a series of events being held by tech entrepreneurs, executives, and investors, many of whom have made significant donations to the inauguration committee.
A standout highlight of this celebration is the VIP reception at the Crypto Ball, hosted by MAGA Inc., with a significant entry fee of $100,000 per person. The event also honors venture capitalist and Silicon Valley podcaster David Sacks, recently appointed by Trump as the czar for artificial intelligence and cryptocurrency. Sacks is a prominent figure at several other gatherings, including a black-tie dinner hosted by tech mogul Peter Thiel and a private party with co-hosts of the popular show "All In."
Prominent companies like Spotify, Uber, and X (owned by Elon Musk) are also hosting similar celebrations. Musk, a major Trump supporter and donor, is set to appear alongside Meta CEO Mark Zuckerberg, who is organizing a post-ceremony event with philanthropist Miriam Adelson. Major corporations like Amazon and Google, along with cryptocurrency companies such as Ripple and Robinhood, have contributed $1 million or more to the inauguration.
These presidential inaugurations, set for January 20, traditionally feature high-profile donors and are accompanied by an array of balls and parties throughout Washington, D.C. This year, Trump’s team has announced three official inaugural balls: the Commander in Chief Ball, the Liberty Inaugural Ball, and the Starlight Ball, where Trump will make appearances. Additionally, there are an estimated 17 unofficial balls, underscoring the scale and grandeur of the celebrations surrounding the forthcoming inauguration.
Original Source: https://theshillongtimes.com/2025/01/16/us-tech-industry-embraces-trump-2-0-with-parties-and-celebrations/
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Publish Date: 2025-01-16 21:39:00
