CoinVoice has learned that David O. Sacks, known as the ‘encryption czar,’ has been appointed by Trump as the head of artificial intelligence and Cryptocurrency at the White House. As one of the co-founders of PayPal and a well-known Silicon Valley investor, Sacks has long been positive about Cryptocurrency. The projects he follows on Twitter cover multiple key areas of the Cryptocurrency ecosystem, including BTC, Ethereum ecosystem, Decentralized Finance, Layer 1 and Layer 2 solutions. In addition to top-funded projects such as Solana (SOL), FIL (FIL), and Tezos (XTZ), Sacks also follows innovative projects focused on specific areas, such as the prediction market Augur (REP, raised $5.3 million), the digital identity platform Civic (CVC, raised $35.75 million), and the Decentralized governance platform Aragon (ANT, raised $26 million). Furthermore, Sacks’ following of infrastructure projects is particularly evident, including Cosmos (ATOM), Gnosis (GNO), and Lisk (LSK). Considering Sacks’ influence in Silicon Valley and the encryption field, the projects he follows are likely to gain more attention and development opportunities in the future, especially in his new role as the head of artificial intelligence and Cryptocurrency at the White House.
David O. Sacks has demonstrated strategic vision in the encryption industry through his venture capital firm, Craft Ventures. Craft Ventures’ portfolio covers multiple key areas, especially the BTC ecosystem. It is worth noting that their investment in the Decentralization exchange dYdX (DYDX) has seen a 18.27% increase in the past 24 hours, while the Decentralization domain project Handshake (HNS) has skyrocketed by 75.73%. Additionally, Craft Ventures has invested in multiple BTC-related projects such as Lightning Labs, River Financial, Fold, etc. This investment strategy focusing on the BTC ecosystem aligns with Sacks’ vision of BTC as the “new world currency”. [Original Article Link]