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Todayβs 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. |
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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. |
Hereβs what weβre serving up today: |
The perfect portfolio π€ Blockchain use case: credential sharing π Sothebyβs is launching an on-chain generative art program π¨ |
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THE PERFECT PORTFOLIO π€ |
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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 β22, 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, thatβs 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 hasnβt been the only Bitcoin talk coming from the BlackRock HQ recentlyβ¦ |
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. |
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Whatβs better than getting in on the latest NFT mint? Making a difference while doing so. |
Whether youβre a collector, philanthropist, or tech lover, charitable digital collectibles are something to get excited about. |
Thatβs why we partnered with Backers, who just launched the Shoes That Fit NFT Fundraiser. |
Hereβs 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 itβs all brought together by great art. Become a part of the Little Legends story and change a child's life today. |
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BLOCKCHAIN USE CASE: CREDENTIAL SHARING β»οΈ |
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Letβs talk about everyoneβs favorite two words: use cases. |
Now, many people think crypto use cases are a lot like John Cena - they canβt be seen. |
But today, weβre gonna talk about a cool one we recently came across.. credential sharing. |
To show you how itβs done, weβre taking you all the way to North Dakota. (Home of the bison and cities I canβt 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. |
Hereβs 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 studentsβ 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 studentsβ 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 - youβd 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. |
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MILK & COOKIES πͺ |
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. Itβs designed to support and demonstrate the value of tokenizing a wide range of asset classes, such as equity, credit, real estate, and more. Blockchain π€ RWAβs |
Binance filed a motion asking a court to dismiss the CFTC complaint against it. Itβs 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. |
Sothebyβs is teaming up with Art Blocks to launch an on-chain generative art program. It will give artists access to Art Blocksβ smart contracts and rendering infrastructure to create their own generative projects. |
*This is sponsored content |
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MILKY MEMES π€£ |
| | | | Jul 25, 2023 | | | | 1.47K Likes 191 Retweets 100 Replies |
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| Simply Bitcoin @SimplyBitcoinTV | |
| Itβs what we do. #BTC | | | Jul 24, 2023 | | | | 133 Likes 22 Retweets 7 Replies |
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What'd you think of today's edition? |
π₯π₯π₯π₯π₯ F**king greatπ₯π₯π₯ Meh, do betterπ₯ You didn't bring the heat |
ROADER REVIEW OF THE DAY |
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VITALIK PIC OF THE DAY |
| Milk Road Images @MilkRoadImages | |
| | | | Jul 26, 2023 | | | | 0 Likes 0 Retweets 0 Replies |
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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. |