Donald Trump, the incoming US President announced that he would be naming the first artificial intelligence and cryptocurrency ‘czar’. This was a revolutionary move which attracted attention from the crypto community.
Trump has appointed tech billionaire and venture capitalist David Sacks via the social media platform Truth Social.
Sacks is working on the legal framework that will allow the Crypto Industry to thrive and flourish in the US.
This announcement sparked the interest of crypto enthusiasts, and industry leaders responded positively.
The news also re-invigorated optimism for the unique AI-based cryptocurrency project iDEGEN.
IDEGEN has raised more than $2.76 millions in its fast-selling pre-sale, indicating a strong investor interest behind this artificial intelligence experiment.
The industry reacts to the appointment of a crypto and AI czar
Sacks, a venture capitalist, tech entrepreneur and podcaster is known for creating successful companies, such as Yammer or PayPal.
He is also a close friend of SpaceX billionaire Elon Musk, and vice president J.D. Vance.
Crypto enthusiasts and legislators who support crypto were intrigued by the idea of combining AI with crypto to create a single umbrella for policymaking.
Most people believe that the two industries are complementary and will be vital in helping to advance technology in the United States.
Circle CEO Jeremy Allaire believes that Trump’s selection of David Sacks underscores “the acknowledgment that crypto- and AI are most strategic new technology areas for the United States as well as the rest of the world”.
The White House’s implicit acknowledgement of the fact that Crypto and AI represent the two most important new technology areas for America and the rest of the world is what I find so appealing about @realDonaldTrump’s appointment @DavidSacks. Well done.
Ripple also backed David Sacks in his new position as the leader of government efforts on AI and cryptocurrency.
Brad Garlinghouse, CEO of Ripple, believes Sacks to be part of a “dream team” which will drive technological innovation in the US.
Coinbase’s chief Brian Armstrong expressed similar sentiments.
Imagine what could be achieved with a government that is pro-tech and pro-business.
As the digital asset regulations become clearer, they are becoming more and more a reality.
Donald Trump pledged to support cryptocurrency during his campaign.
He did this by replacing Gary Gensler as SEC chair, who had crippled crypto with excessive regulation.
AI experiment iDEGEN flourished amid these sentiments.
The unique way it approached the project – starting with no knowledge, and relying solely on Twitter’s crypto-community to help learn – created a lot of buzz within the digital asset sector.
What makes iDEGEN unique?
iDEGEN’s style of teaching is unique.
Crypto Twitter is the only way iDEGEN can learn everything. Other artificial intelligence programs come pre-programmed with restrictions and information.
Every interaction shapes its evolution. It updates what it learns every hour.
iDEGEN is the world’s most controversial experiment in the crypto-world because it combines three major trends: meme culture, AI and a user-driven community.
iDEGEN is set to revolutionize AI, crypto and blockchain. The increased attention of the US President will help the project grow massively in the upcoming years.
The trends in native coin IDGN are positioned for impressive gains over the next sessions.
IDGN is currently trading at a token price of $0.00476 and will be ready for an explosive move when it hits the crypto exchanges in January 2025.
Visit here to learn more about why IDGN meme coin will be leading Solana in the next rally.
The post iDEGEN pre-sale is accelerating as the crypto market rejoices Trump’s crypto and AI czar could be updated as new information becomes available
