The widespread adoption of Bitcoin is one of the main keys that will make Bitcoin successful and expand exponentially.

Yesterday, venture capital firm Draper Gorin Holm announced that it will be giving away bitcoin for free during the Blockchain Summit to be held in Los Angeles on October 6-7, 2020.

The initiative is led by billionaire venture capitalist and Bitcoin supporter Tim Draper along with co-founders Alon Goren and Joseph Holm.

The company pledged to give a gift of $100 worth of bitcoin to each of the summit attendees to motivate the general public and spread awareness about the digital currency.

Breaking news! We’ll give you $100 in # bitcoin To come to the next day Tweet embed To learn how to spend, save, profit or trade $ btc And how the blockchain will change the world!

Read:A fraudster handed over to trial in the US after stealing more than $70 million in Bitcoin

Join us for our annual conference in October! pic.twitter.com/ZecXZeg7th

– Draper Goren Holm (@DraperGorenHolm) March 5, 2020

cost General admission tickets are $299 under normal conditions, while they are available free of charge to customers who sign up and use the social trading and multi-asset platform eToro – the main event sponsor.

Bitcoin distribution:

Draper, Guren, and Holm said in a joint statement:

There is no denying that Bitcoin is positively transforming the world.

The best way to get to know them is to use them.

So we wanted to give thousands of people $100 worth of bitcoin.

It is very exciting to be in charge of the biggest bitcoin giveaway in history and to be in this historical event where there are so many “crypto enthusiasts” in one place.

According to the announcement, the two-day summit will cover a variety of crypto issues that will be brought up by experts and discussed by novices alike.

Workshops will also be devoted to beginners to introduce how crypto wallets work and the most important uses of Bitcoin.

Read:The Ethereum network reveals the next network development date

This enables attendees to learn about the free bitcoins they will receive.

Corona Virus Paralyzes Crypto Conferences:

Several crypto-related conferences and events have been canceled in the past days due to the fear of the spread of the Corona virus, as several crypto events in Asia, including NiTROn2020 in Seoul, and Blockchain Week in Hong Kong, have been canceled and postponed.

Therefore, if the virus continues to spread significantly until the corresponding October, neither the free tickets nor the bitcoin giveaway will be enough to convince people to risk their lives.

Read also:

Summary of the most prominent crypto issues addressed at Davos 2020

Top 5 Blockchain Conferences for the First Quarter of 2020