The “Big Players” in Crypto Establish a Non-Profit Educational Organization
Major companies in the cryptocurrency industry such as Coinbase, DCG, Kraken, Paradigm, and a16z have come together to establish a new non-profit organization called the American Innovation Project (
#AIP ). The goal of this organization is to “promote informed dialogue” about decentralized technology in Washington.
Goals and Activities
AIP is registered as a 501(c)(3) non-profit organization, allowing it to be tax-exempt and limit legal liability for its members. This organization will focus on educating policymakers and their staff about cryptocurrency and other decentralized technologies, including decentralized AI networks.
According to Julie Stitzel, Senior Vice President of Policy at
#DCG , the main sponsor of AIP, the organization will operate non-partisan and will only focus on providing information, without significantly intervening in the legislative process.
The establishment of AIP shows that crypto companies are seeking new ways to influence policy in the U.S. By focusing on education, they hope to build a solid understanding base for lawmakers to make fairer and more informed decisions about cryptocurrency.
The board members of AIP are all influential figures in the crypto lobbying scene, demonstrating the industry's strong commitment. The launch event of AIP at a major policy conference in Jackson Hole also proves their seriousness and strategic vision in shaping the future of cryptocurrency.
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