|
Today’s edition is brought to you by Backers - whose Shoes That Fit initiative is using the power of NFTs to raise funds for children in need. |
|
GM. This is Milk Road, the crypto newsletter as comforting as a slice of grandma's homemade pie. But with fewer calories and more investment advice. |
Here’s what we’re serving up today: |
|
 | Prices as of 10:15 AM ET |
|
|
THE PERFECT PORTFOLIO 🤑 |
|
Everyone wants to know one thing… what is the perfect portfolio? |
Well, 3 analysts from BlackRock wanted to find out. |
So they did a study on it. |
(P.S. - The study was done in August ‘22, but has recently gotten notice within the crypto community) |
The results concluded that the most ideal optimal risk vs. reward portfolio is… *drumroll*... |
84.9% in BTC 9.06% in stocks 6.04% in bonds
|
Yup, that’s right. According to analysts who work for the largest asset manager in the world, Bitcoin is the optimal investment choice. |
**the crowd erupts** |
And it hasn’t been the only Bitcoin talk coming from the BlackRock HQ recently… |
The $9T asset manager recently filed for a Bitcoin ETF and Larry Fink (the CEO) is going on a Bitcoin Media Tour talking about how great it is. |
Buckle up, BlackRock may just singlehandedly bring back the crypto market. |
|
|
|
|
What’s better than getting in on the latest NFT mint? Making a difference while doing so. |
Whether you’re a collector, philanthropist, or tech lover, charitable digital collectibles are something to get excited about. |
That’s why we partnered with Backers, who just launched the Shoes That Fit NFT Fundraiser. |
Here’s what you need to know: |
Their goal is to raise funds towards providing new shoes to children in need Each donation towards the NFT is tax-deductible, and the fundraiser also funds an endowment-style investment model for Shoes That Fit Donors have access to a vibrant and caring community of like-minded donors and tech lovers
|
And it’s all brought together by great art. Become a part of the Little Legends story and change a child's life today. |
|
|
BLOCKCHAIN USE CASE: CREDENTIAL SHARING ♻️ |
|
Let’s talk about everyone’s favorite two words: use cases. |
Now, many people think crypto use cases are a lot like John Cena - they can’t be seen. |
But today, we’re gonna talk about a cool one we recently came across.. credential sharing. |
To show you how it’s done, we’re taking you all the way to North Dakota. (Home of the bison and cities I can’t pronounce) |
Last year, North Dakota launched a program that lets high school students keep their credentials (i.e. diplomas, transcripts, etc) in a blockchain-powered digital wallet. |
Here’s how it works: |
Students first need to opt in to use the digital wallets Once they opt in, a decentralized identifier (DID) is assigned to the student Then the North Dakota Information Technology (NDIT) department issues credentials on behalf of the student on the blockchain The on-chain credentials are tied to the students’ DID. (Note: no student data is put on the blockchain. Just the DID) If a student wants to share their credentials with a potential employer, they just need to send them an invitation link. The link takes the employer to the blockchain wallet so they can download and verify the students’ credentials
|
So what? This makes sharing important info as easy as pushing a button. Literally. |
Back in my day, getting your transcript from school was an Extreme Sport - you’d have to jump through endless hoops and walk miles from office to office trying to find the Transcript Lady. |
Now it can all easily be shared and stored via the blockchain. |
|
|
MILK & COOKIES 🍪 |
Kraken re-introduces Kraken Pro for traders. The offering allows traders of all shapes and sizes to level up their trading through a clean user interface, advanced tools and analytics, and full customization.* |
The Avalanche Foundation is launching a new $50M Asset Tokenization Initiative. It’s designed to support and demonstrate the value of tokenizing a wide range of asset classes, such as equity, credit, real estate, and more. Blockchain 🤝 RWA’s |
Binance filed a motion asking a court to dismiss the CFTC complaint against it. It’s like getting grounded by Mom, but then going to Dad to unground you. |
The Alphapo hack now totals $60M+ in stolen funds. The damage was previously estimated to be $31M, but reports of losses have now doubled. Ouch. |
Sotheby’s is teaming up with Art Blocks to launch an on-chain generative art program. It will give artists access to Art Blocks’ smart contracts and rendering infrastructure to create their own generative projects. |
*This is sponsored content |
|
MILKY MEMES 🤣 |
|
 | Simply Bitcoin @SimplyBitcoinTV |  |
| It’s what we do. #BTC |  | | | Jul 24, 2023 | | |  | | | 133 Likes 22 Retweets 7 Replies |
|
|
|
HIT THE INBOX OF 250K+ CRYPTO INVESTORS |
Advertise with Milk Road to get your brand in front of the Who's Who of crypto. The Roaders are high-income crypto investors who are always looking for their next interesting product or tool. Get in touch today. |
|
What'd you think of today's edition? |
|
ROADER REVIEW OF THE DAY |
|
VITALIK PIC OF THE DAY |
|
DISCLAIMER: None of this is financial advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. Please be careful and do your own research. |
