Find out why inside ð§ August 16, 2023 | [Read Online](  Todayâs edition is brought to you by [Masterworks]( - invest in blue-chip art today! GM. This is Milk Road - where the crypto hits just keep coming, and no quarters are required. Hereâs what we got today: - We invested 40% of our portfolio in this... ð - An interesting (and fun) web3 concept ð§ - Coinbase is expanding to Canada ðª
[Prices as of 8:00 AM ET. Click here for our Fear & Greed Index]( WE INVESTED 40% OF OUR PORTFOLIO IN THIS⦠ð Most crypto investors go through the 5 stages of FOMO⦠Step 1: You hear some new, weird terminology. Step 2: You ignore it. Step 3: You hear it again. But this time, your neighbor made millions from the new, weird terminology. Step 4: You yell and curse in every language you know. Step 5: You Google (or ask ChatGPT) what the new, weird terminology means. The new, weird terminology everyone is talking about now isâ¦Â [liquid staking](. In fact, itâs the fastest-growing sector in all of DeFi and has $21B+ in total value locked. Source: Messari What is it? Liquid staking is a way to stake your crypto without having to lock it up. In return, you receive a liquid token that can be used to do other stuff in DeFi. Think of it as a tokenized IOU. And since liquid staking has gotten all the hype recently, we decided to take a trip up Figure It Out Mountainâ¢ï¸. We invested 40% of the [Milk Road Public Wallet]( into ETH and staked it all. There are three goals: - Become a liquid staker. (which also happens to be the nickname I had in college for drinking-while-grilling) - Earn steady [yields]( on our holdings. We plan on holding ETH for the long term so might as well earn some interest on it. - Get a liquid staking token (like stETH) that we can use later to explore the LSD-Fi sector and pursue even more yield. #GoBigOrGoHome We promised weâd bring you along on the ride too, so we created a [Guide to Liquid Staking](. Youâll get a play-by-play of where we staked the ETH, how we did it, and a more in-depth analysis of the game plan. Check it out [here](. [BILLIONAIRES WANTED IT, BUT EVERYDAY INVESTORS GOT IT FIRST]( When incredibly valuable assets come up for sale, it's typically the wealthiest people that end up taking home an amazing investment. But not always⦠One platform is taking on the billionaires at their own game, buying up some of historyâs most prized blue-chip artworks. Its investors have already realized annualized [net returns of 17.8%, 21.5%, 35%, and more.]( It's called [Masterworks](. Their nearly $1 billion collection includes artists like [Banksy, Picasso, and Basquiat](. When Masterworks sells a painting â like the 15 it's already sold â investors reap their portion of the net proceeds. Offerings can sell out in minutes, but Milk Road readers can [skip the waitlist to join with this exclusive link.]( See important disclosures at [masterworks.com/cd](. AN INTERESTING (AND FUN) WEB3 CONCEPT ð§ I was doing some afternoon Twitter doom-scrolling when I came across a cool accountâ¦[0xDesigner](. They create a new web3 concept, every day. Theyâve designed stuff like: - âProof of Workâ. Itâs like LinkedIn except all work experiences are verified on a blockchain vs. just âtrust me, broâ. - âEtherscan Datingâ. Match with other crypto investors that invest in the same type of tokens, NFTs, and have similar realized profits (or losses). - What a Spotify crypto wallet could look like. They recently created a concept called Staking Registry. Itâs a new idea for wedding gifts, with a web3 twist. [Source: Twitter]( Hereâs how it works: - Friends and family can stake ETH as a wedding gift. - As long as the couple stays married, they get to keep the rewards. - If the couple gets divorced, the ETH and rewards get redistributed to friends and family. I know, itâs a crazy and weird idea. But Iâm a big fan of this kind of stuff. Is it the killer use case that will onboard the next million users? No, probably not. Is it fun? Hell yeah. And I donât know about you, but all the crypto talk feels so heavy lately⦠Whether itâs the nerdy tech talk no one understands (zero-knowledge proofs, [account abstraction](, etc.) or the legal stuff (lawsuits, regulations, etc.), itâs all been so serious lately. Itâs understandable. Itâs a high-stakes game of money, power, and respect. But innovation is also supposed to be fun. The early Microsoft days had Clippy, the original virtual assistant. (and childhood icon) The early iPhone days had stuff like the âI Am Richâ app. It cost $1000 and had no functionality. It just had a button that would make the phrase âI am richâ pop up. The early music-downloading days were like a game of Freeze Tag, pick the wrong music file and your computer would freeze. You get the point. And we have no doubt that crypto is the next big wave of innovation. But weâre also trying to have fun while surfing that wave. Thatâs why weâre fans of people building cool, think âoutside-the-boxâ type sh*t. So, we wanna know - what kinda crazy, unique crypto concepts do you have? Hit âreplyâ and email us back with your ideas. Weâll share a few of the best ones later this week! BITE-SIZED COOKIES ðª [Stader Labs is helping to decentralize Ethereumâs blockchain](. They scored a 4.3-star rating from the Milk Man due to their ease of use, attractive rewards, and clean user interface.* [Coinbase is expanding its operations into Canada](. The crypto exchange will integrate Interac e-Transfers to allow for instantaneous transfers from Coinbase to external wallets. [Nvidia released a new tool, called Nueralangelo, that turns high-quality video clips into virtual 3D models.]( The tool is designed for video game development, movie effects, architecture, engineering, metaverses, and more. [Prime Trust filed for Chapter 11 Bankruptcy](. The popular crypto custodian was placed into receivership by regulators after it was revealed the company was insolvent back in June, now it will move into bankruptcy. [Sei Labs officially launched its new Layer 1 blockchain, Sei](. Its native token ($SEI) was also launched on multiple exchanges like Binance, Bybit, etc. [RocketSwap (the second largest DEX on Base) was exploited for over $865K after the teams' private keys were compromised.]( The worst part: the team ended their announcement with: âWe are very sorry for your lossâ. *This is sponsored ad content MILKY MEMES 𤣠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? - [ð¥ð¥ð¥ð¥ð¥ F**king great](
- [ð¥ð¥ð¥ Meh, do better](
- [ð¥ You didn't bring the heat]( ROADER REVIEW OF THE DAY VITALIK PIC OF THE DAY [tw profile: Milk Road Images] Milk Road Images @MilkRoadImages [tw] When you're singing in the shower and try hitting that high note Aug 16, 2023 0 Likes 0 Retweets 0 Replies 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. [tw]( [ig]( [yt]( [tk]( [in]( Update your email preferences or unsubscribe [here]( © Milk Road 603 Munger Avenue Suite 100 #1006
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