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Billionaire investor Tim Draper’s venture studio Draper Goren Holm today announced their annual flagship event LA Blockchain Summit (formerly Crypto Invest Summit) will no longer take place at the Los Angeles Convention Center, and instead, will enter cyberspace. The West Coast’s largest industry conference that tens of thousands have grown to know and love is going completely digital due to COVID-19 and the importance of prioritizing our attendee’s safety. Josef Holm, Founding Partner of Draper Goren Holm and Co-Founder of LA Blockchain Summit explained, “With everything going on in the world right now, LA Blockchain Summit’s mission stands strong as we’ll continue pushing all of our efforts to help pave the path to cryptocurrency and blockchain technology mass adoption, regardless if we do it in-person or virtually.” To commemorate the summit going virtual, the Los Angeles-based venture studio is extending its limited-time promotion by allowing anyone to get a free ticket to the virtual conference and is pledging to give away $100 in Bitcoin to the first 10,000 qualifying attendees, making it the biggest Bitcoin giveaway in history to date. “Taking LA Blockchain Summit virtual poses a ton of new opportunities to impact the lives of more crypto and blockchain-interested individuals so we couldn’t be more excited to expand on our reach, efforts, and work towards creating immense value for thousands across the globe,” added Alon Goren, Founding Partner of Draper Goren Holm. The motivation behind spearheading the largest bitcoin giveaway in history stems from the venture studio’s core belief that the best way to stimulate mass adoption is by owning a piece of the crop. So what better way do so than to give back during these challenging economic times and provide thousands with a value-packed platform to learn more from the brightest minds in the industry. Adam Levy, Operations Manager at Draper Goren Holm, added, “There’s no better way to learn more about the industry than by having some skin in the game, so we’re excited to provide thousands with the opportunity to learn at LA Blockchain Summit and for thousands to get $100 in Bitcoin.” The virtual summit is scheduled for October 6-7th, 2020.

This story originally appeared on BlockchainBeach.com. You can read it at https://www.blockchainbeach.com/la-blockchain-summit-crypto-invest-goes-virtual-for-2020/

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