Milk Road Newsletters
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Get your hot & fresh cup of crypto news with a pump of humor at Milk Road.
Is The Bored Ape Yacht Club Worth $5B?
In Today's Email:🦍 Are Bored Apes worth $5b?🖼️ Memes, Memes, and MemesRumors have it that Bored Ape Yacht Club’s parent co, Yuga Labs, is doing an upcoming token launch with VCs buying in at a $5b valuation. Most people are saying that’s too high. After all, that’s worth more than Applebees, Denny’s, and IHOP combined! …...
Special Edition 🎁
Let’s do something special today. Usually, the Milk Road email is a couple quick news nuggets and my reaction to them. Today is different. I sent an email to some of my smartest crypto friends asking them TWO QUESTIONS: We just had a big price pull back. What assets are you Buying? Selling? Holding? What’s …...
The 3 Questions I Ask When Price 📉
In Today's Email: 🔥 Shaan's take on the market 💸 Robinhood launches a wallet 📈 Chart of the day I saw a funny commercial this weekend. I was watching football (holy sh*t, amazing games) and a turbotax commercial came on. It’s a dude in a cubicle. He checks his phone and goes “wow. I’m a …...
We’re all poor
In Today’s Email: 🐦 Twitter Launches Official NFT profile pics! 🏠 Milo Mortgages 💵 Funding Friday Who wants to go on a hike today? Maybe someplace with no cell phone signal so I don’t have to see ETH UNDER $3k…NOOOOOO Brb while I go move back into my moms basement. Alright. Sorry about that. I’m …...
How is this much yield possible?!
In Today’s Email: 🏦 The Digital Vault Business 🥊 Coinbase vs. Opensea 💵 How is this much Yield possible?! Digital Twins Holding anything valuable (like my Kobe rookie card) in my house is a huge pain But now, I can go send it to a vault and also sell it digitally and transfer ownership (and …...
Crypto Companies Are Buying Banks!
In Today’s Email: 🏦 Crypto companies buying banks! 🎮 Microsoft spends $69B on Activision 🍁 Nelk Boys NFT Bitmex (a crypto exchange) is Acquiring a 270-year old German Bank In crypto, they always said the "flippening" was ethereum surpassing bitcoin in market cap. What if it’s actually crypto exchanges buying banks and other financial institutions? …...
Coinbase does $2B per quarter! 🤯
In Today’s Email: Coinbase Makes $2B per quarter! Walmart Enters the Metaverse 🤷 Scott Galloway on Web3 Coinbase Makes $2B per quarter, with 50% Profits When companies are public, they have to disclose a bunch of data. That becomes business porn for people like us. We get to peek under the covers and see what’s …...
What do NFTs and Tom Brady have in common? 🏈
What do NFTs and Tom Brady have in common? They're both making a super bowl appearance….(although Tom Brady's might just be in an FTX commercial 🤣) In Today’s Email: FTX raises a $2B Venture Fund Nouns Super Bowl Commercial Gemini goes after the wealth manager market FTX Raises a $2B Fund Here’s 3 reasons I …...
What Joe Rogan Thinks of Axie Infinity
In Today’s Email: Is Defi Kingdoms the future of finance? The Fan Controlled Football League goes full web3 Axie Infinity Makes a Guest Appearance on Joe Rogan The Crown $JEWEL of Defi First, we had pay-to-play games: we bought NBA 2K every year for $60. Then we had free-to-play games like Fortnite. Then we had …...
The Crypto Billionaire Who Just Passed The Wal-Mart Kids
In Today’s Email: Friends With Benefits launches a music festival The crypto dude worth ~$100B ! Friends With Benefits Festival For a couple years, I had a membership to The Battery in San Francisco. It was great. It’s a private members club. Like SoHo House in NYC. In one night at the Battery, I saw …...
What Citadel’s Paradigm Investment Means
In Today’s Email: Citadel moving into crypto? Argentina inflation hits 52% Coinbase Offers Employees 4 ‘Recharge Weeks’ Citadel Raises $1B+ From Paradigm and Sequoia Citadel is a market maker – essentially a used car salesman for the market. They buy an asset and hold it (ideally for as short as possible) until they can find …...
OpenSea Gets Attacked
Shaan still has covid, so I’m flying solo on the email today (Ben) In Today’s Email: A “Vampire Attack” on Opensea Vote On My Deep Dive Startups That Caught My Eye OpenSea Vampire Attack OpenSea is the big dog when it comes to NFT trading (just valued at $13B), and that’s bringing on competition. In …...
The Case Against Web3
Shaan’s got covid (ouch.) – so I’ll be taking over the email this week (Ben). Reply to let me know what you think! In Today’s Email: The case against Web3 What happens to your crypto when you die The Australian Open's NFT Why Web3 Won't Work “Moxie”, the founder of Signal (the privacy focused Whatsapp) …...
The Road To $10M
In Today’s Email: The Road to $10M Nas’s First NFT Launch Twitter Gems 💎 Turning $1M -> $10M I gave myself a challenge, to turn $1M into $10M this year in crypto. It’s not about the money, it’s about the learning and friends we make along the way. (Ok, it’s about the money) A couple …...
WTF Happened To Crypto Prices Yesterday?!
In Today’s Email: Why Crypto Prices Crashed Opensea Is now worth $13.3B Airbnb’s most requested feature is crypto payments P.S. welcome to all the first time readers. Reply to this email to let me know if you love it, or hate it. WTF Happened in the Markets Yesterday?! ETH is down 11%, Bitcoin is down …...
Mr. Wonderful is now Mr. Crypto
In Today’s Email: A new DAO Raises $10M Toward Buying a Golf Course Shark Tank’s Kevin O’Leary Backed Company Buys a Canadian Exchange Coinbase CEO just got a $133m house! A DAO Raises $10m to Buy A Golf Course Here’s one major use case of DAOs today: strangers pooling money together to buy crazy shit. …...
Gary Vee’s New NFT Restaurant 🎣
In Today's Email: Polymarket pays a $1.4M legal settlement Gary Vee unveils his NFT restaurant plans Polymarket Fined Polymarket is a website that lets you bet on anything, from sports to “will Chris Cuomo launch a substack by January 10th (98% of people are betting “No”, sorry Chris). And yesterday, they settled for $1.4m with …...
Vitalik’s Predictions 🔮
In Today's Email: Bored Apes are Pumping Vitalik Updates His Predictions The Airbnb Founder Trolls Web3 Bored Apes Are Pumping 📈 NFTs overall are off to a scorching hot start in 2022 ($400m+ in volume already 🤑) And Bored Apes are the biggest winner: They are onboarding celebs like crazy (Dave Chapelle & Eminem both bought …...
Why Mr. Beast Bought 8 Cryptopunks!
ETH: $3,659 ( -1.88% ) | This Year: +395% | This Month: -20.7% | Wallets Are Exploding Metamask solves two of the most annoying things on the web: 1) Log in to any website (without making up usernames, passwords, or entering in your date of birth) 2) Pay for stuff (without entering a credit card) …...
