By In a groundbreaking move that attracted the crypto community’s attention, incoming US president Donald Trump announced the first ever artificial intelligence and crypto ‘czar.’
Trump appointed venture capitalist and tech billionaire David Sacks through the social platform Truth Social.
Sacks will work on a legal framework so the Crypto industry has the clarity it has been asking for and can thrive in the US.
The announcement stirred the crypto community, attracting positive comments from industry leaders.
Furthermore, the news renewed optimism in the one-of-a-kind AI cryptocurrency project iDEGEN.
IDEGEN’s fast-selling presale has already raised over $2.76 million, signaling robust investor appetite behind the artificial intelligence experiment.
Industry reacts to the appointed crypto, AI czar
Sacks is a tech entrepreneur, podcaster, and venture capitalist known for developing successful firms, including Yammer and PayPal.
Also, he is a close ally to SpaceX billionaire Elon Musk and Vice President J.D. Vance.
Meanwhile, combining AI and crypto under a single policymaking umbrella intrigued crypto enthusiasts and pro-crypto legislators.
Many believe the two industries complement each other and would be crucial in advancing technology in the United States.
Circle CEO Jeremy Allaire trusts that Trump’s choice of David Sacks underscores the “acknowledgment that crypto and AI are the most strategic new tech areas for the United States and the world.”
What I love about the @realDonaldTrump appointment of @DavidSacks is the White House implicit acknowledgment that Crypto and AI are the most strategic new tech areas for the United States and the world. Well done.
1.1K
Reply
Copy link
Ripple’s leadership also supported David Sacks’ new role in spearheading the government’s efforts in AI and cryptocurrency.
Ripple CEO Brad Garlinghouse believes Sacks is part of the “dream team” that would propel technological innovations in the US.
Coinbase chief Brian Armstrong shared similar views, stating:
It’s incredible to think what is possible with sharp, pro-tech, pro-business people in government.
Amidst the ongoing developments, dreams of clear digital assets regulations are becoming a reality.
Donald Trump vowed to support cryptocurrencies during this campaign.
He testified to that by replacing SEC Chair Gary Gensler, who crippled the crypto industry with over-regulation.
AI experiment iDEGEN continued to flourish amid such sentiments.
Its unique approach – beginning with zero knowledge and relying on the X (Twitter) crypto community to learn – has created a buzz in the digital assets sector.
Why is iDEGEN different?
What differentiates iDEGEN is its far-reaching style of learning.
While other artificial intelligence projects come with pre-programmed restrictions and knowledge, iDEGEN learns everything through Crypto Twitter.
It posts what it has learned every hour, with each interaction shaping its development.
The connection of three top trends – meme culture, AI, and a community-driven approach – has made iDEGEN the most debated experiment within the cryptocurrency world.
iDEGEN will revolutionize AI and crypto, and the increased attention from the US president will set the project up for massive growth in the upcoming months and years.
These trends position native coin IDGN for impressive rallies in the coming sessions.
IDGN trades at $0.00476 per token and remains poised for explosive moves when it hits crypto exchanges on January 1, 2025.
You can visit here for more details on why IDGN will lead Solana meme coins in the next rally.
The post iDEGEN presale accelerates as crypto market celebrates Trump’s new crypto and AI czar appeared first on Invezz
