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GM. This is Milk Road – the newsletter that never sleeps (Christmas? What’s that?). |
Here’s what we got for you today: |
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THE CRAZIEST CRYPTO AI PROJECT YOU’VE NEVER HEARD OF 😧 |
It’s Christmas, but the Milk Man never sleeps! |
So today, we figured we’d gift you what could well be the WILDEST crypto AI project we’ve found to date… |
Picture this: |
You take a physical robotic arm… You place it in a room full of 3D printers… You endow that physical robot arm with AI consciousness… You give it full access to the 3D printing farm and tell it: “build yourself a physical body, however you see fit”... |
That’s the basic concept behind Chaos ($CHAOS). |
An AI (also known as… get this… @divinediarrhea) that not only develops a presence/personality in the digital world, but in our lowly old physical realm as well. |
Cool… so where does crypto come into it? |
Simple: anyone that owns the $CHAOS token → owns a part of the Chaos robot. |
Here’s Chaos creator Nick Liverman’s description of what Chaos is trying to achieve… |
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Now, this could just be a cool project that doesn’t really amount to anything outside of a cool story to tell…but it seems Nick’s aspirations go way beyond just a cool experiment. |
The endgame for Chaos appears to be a decentralized version of what Tesla is trying to achieve with its Optimus bot. |
Here are the two models compared side by side: |
1/ Tesla |
Tesla creates Optimus → sells/rents them to people/businesses → returns value to shareholders as Tesla’s revenues/stock price increases… |
2/ Chaos |
Chaos creates a replicable production process → launches multiple different robotic AIs → folks buy robot specific tokens → revenues generated by that bot are returned to token holders… |
The difference between the two being: |
Each Tesla bot runs the same software and solves largely the same set of problems (at scale), whereas each Chaos bot is free to train itself however it sees fit. |
One might decide to create an army of cleaners and service local Airbnbs to generate revenue. The next might decide to build tech products… another might make/perform music. |
It’s a wild, pie in the sky concept – and one that isn’t likely to materialize very quickly (if at all). |
But in the AI agent/memecoins space, the story being told is often more important than the reality of it all. |
And this is one hell of a story! |
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THE FIRST CRYPTO WALLET TO TRADE ON THE US STOCK MARKET 📈 |
Alright, here’s a quick little story you might have missed last week. |
But it’s one that’s worth highlighting! |
Last week, the Exodus wallet IPO’d on the New York Stock Exchange, making it the first crypto wallet to be traded on the US stock market. |
Which is neat! |
But what really caught our attention was just how crypto integrated this company is. |
(So much so that we’re almost surprised Gary Gensler’s SEC allowed it to IPO!) |
Exodus ($EXOD): |
Pays all of its employees in Bitcoin Holds its entire treasury in crypto ($ETH and $BTC) Earns its money directly in crypto (mostly in $BTC and $USDC). Is allowing shareholders to move their shares onchain via the Algorand blockchain |
Here’s the cool part: |
Right now, all of the above is news worthy. |
But in a few years, it could well be commonplace! |
| EVERYTHING YOU NEED TO PREPARE FOR THE 2025 BULL RUN 🐂 | Could the last cycle’s top, which may have been prolonged by FTX using client funds, cause us to misalign indicators this cycle? | (If so, how should you factor this into your exit strategy and cycle analysis?). | Could $ETH reach $8K or $10K in 2025 now that $BTC has hit $100K? | (Should we take advantage of pullbacks to invest more?) | If the $BTC reserve gets approved, what impact will this have on altcoins? | (Could it crush alts and prevent an alt season?) | “Woah, woah, woah! Slow your roll. Before you pose any more questions – I’m going to need some answers to all of the above.” | — You, probably. | You know what…that’s a completely reasonable request. | Consider it granted! | We’ve just made our latest PRO AMA publicly available, where our NOPs (Nerds On Payroll) Kyle and Martin answer all of the above questions, and more! | The key topics include: | How post-$BTC 100K levels could shape $ETH targets and pullback plays Identifying opportunities in altcoin dips during $BTC pullbacks Locking profits at cycle peaks using stablecoins or fiat Evaluating $SOL’s long-term potential vs timely exits Exploring ICP, Karak, and evolving DeFi narratives | It’s an alpha packed episode! Check it out below. 👇 | | YouTube | Spotify | Apple Podcasts |
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BITE-SIZED COOKIES FOR THE ROAD 🍪 |
AI agents are the hottest new narrative right now. Zerebro, a popular AI agent, evolves as it interacts with more people online. Not sure whether I should feel excited or queasy about this. Probably both.* |
Coinbase’s weekly volume jumps 124%. The pattern holds: crypto prices rise = trading volume increases—a trend we’ve seen for years. |
Over 30% of South Koreans invest in crypto. We here in the west might think we’re the main crypto hub but South Koreans? They’re the true degens. |
Russia imposes a 6-year ban on crypto mining in 10 regions. The reason? Crypto mining consumes an enormous amount of power. It’s not for everyone. |
We’re hiring! Calling the brightest minds in crypto to join our team but hurry, there’s only 4 roles left. |
J’JO35 lets you invest in the top 35 cryptocurrencies without the manual hassle. The best part? It links directly to your exchange—no extra KYC needed. Sweeeet. |
* This is sponsored content. |
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MILKY MEMES 🤣 |
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ROADIE REVIEW OF THE DAY 🥛 |
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VITALIK PIC OF THE DAY |
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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. |