Tech Sector Celebrates Trump's Return with Festivities
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Synopsis
The Crypto Ball is a highly anticipated event organized by the crypto industry to celebrate President-elect Donald Trump's return. Various tech entrepreneurs and investors are hosting multiple parties, showcasing their support for the incoming president.
Key Takeaways
- The Crypto Ball celebrates Trump's presidential return.
- Trump is dubbed the 'first Crypto President'.
- High-profile guests include David Sacks and Peter Thiel.
- Major tech firms are hosting lavish celebrations.
- Three official inaugural balls are planned.
Washington, January 16 (NationPress) The Crypto Ball, an event organized by the crypto sector to commemorate the impending return of President-elect Donald Trump next week, is said to be among the most coveted of the numerous parties and dinners occurring around the inauguration next week.
The invitation labels Trump as “the first Crypto President”, according to a report by The New York Times on Thursday, which details several other similar celebrations hosted by tech entrepreneurs, executives, and investors who have generously contributed to the inauguration committee, showcasing the tech industry's close alignment with the incoming president.
MAGA Inc., a pro-Trump super PAC, is organizing a “V.I.P. reception” at the Crypto Ball, with a staggering $100,000-per-person entry fee, as reported by the Times.
The ball also honors David Sacks, a venture capitalist and Silicon Valley podcaster, whom Trump has appointed as his czar for artificial intelligence and crypto. Sacks is also a key player at a black-tie dinner hosted by prominent tech figure Peter Thiel on Saturday. The following day, Sunday, Sacks is throwing a private party alongside co-hosts of “All In”, a show with a dedicated following among Silicon Valley conservatives.
The Times reported that other companies hosting such gatherings include Spotify, Uber, and X, owned by Elon Musk, who is Trump’s most vocal supporter and significant donor. Meta CEO Mark Zuckerberg is hosting a post-ceremony event with major donor Miriam Adelson and Musk.
The Times also noted that corporations contributing $1 million or more to the Trump inauguration encompass tech giants like Amazon and Google; cryptocurrency newcomers like Ripple and Robinhood.
Presidential inaugurations—the ceremony where the incoming president takes the oath of office—typically attract high-profile donors and feature numerous balls, parties, and celebrations throughout Washington DC’s hotels and restaurants in the lead-up to the significant day, January 20, and beyond.
The Trump team has declared three official inaugural balls: the Commander in Chief Ball, Liberty Inaugural Ball, and Starlight Ball. Trump will address attendees at each of these events. There are at least 17 unofficial balls, according to one estimate.
