Miami, FL, Dec. 14, 2022 (GLOBE NEWSWIRE) — In recent years, the new cryptocurrency facet of financial technology has led to over 21K tokens currently trading on the blockchain. Investors have a difficult time navigating through the noise with little to no guidance on how to find projects built for stability and scalability over the long term. Finding a company on the blockchain with strong utility and multiple revenue streams can be difficult, if not impossible, which can lead to an investor giving up. DefiGold is a company that allows investors an option to be a part of a truly exceptional expedition into gold mining, coupled with the opportunity to also earn rewards based on their commitment to the adventure with a fully doxxed and experienced team.
DefiGold is a decentralized, proof-of-stake company on the Ethereum blockchain, launched December 7th 2022 and jumped up an amazing 900% at the launch. DefiGold has secured their first mining expedition set to start operations in Spring of 2023 in Montana, USA. Investors who join the community are called “Miners.” Additional expeditions are currently being negotiated in states across North America. The tokenomics of the company supports the mining operations and fund investor reward systems. “Miners” can purchase their tokens and select the appropriate staking program based on their trading goals. This passive income system along with additional reward opportunities brings stability to the project and fosters an engaged community while in-real-life mining operations are underway.
DefiGold token has a 5% buy and sell tax allocated as follows: 2% to LP, 1% to marketing, and 2% mining/yield farming. $DGOLD has a total supply of 400M tokens, with an initial circulating supply of 79M at launch with the remaining 311M tokens locked for future LP injections, staking pools and market maker accounts for exchanges. 40% of taxes are allocated to the liquidity pool, 20% to the liquidity staking pools, 15% to standard staking, 10% to the team, 10% to yield mining, and 5% to advisors and rewards. There are currently three revenue streams for the company. They include the global mining operations, digital yield mining, and monthly NFT raffles offered to holders.
Real Gold Mining: The company mission is to fund experienced and provenly successful mining teams. Profits from the physical gold mining expeditions are split 50/50. Half of the profits are reinvested into additional future mining expeditions and the other half is injected back into the $DGOLD token in the form of buybacks and staking pools.
Yield “Mining” (Farming): Earn a minimum of 14% monthly revenue on company gold investments and yield faming profits. 75% of profits from company investments will be allocated to expanding the physical gold mining ventures and the remaining 25% will be used to buy back the $DGOLD tokens which will in turn be fed into the staking and reward pools.
Monthly NFT Raffles: Raffles are your monthly chance to win a highly valued and sought after NFT’s that otherwise may be out of reach to the beginner investor. For a fraction of the value of the prize, you can purchase an NFT and be entered into a drawing to win the prize. The revenue from this monthly event is allocated to buybacks of the token and additional community giveaways.
Investors of the company have flexibility when choosing the perfect staking program. Pools have already begun and they just launched. “Miners” can choose standard staking pools with 6 options on locking periods, including an unlocked pool with 10% APY or their 1-year lock for up to 45% APY. Liquidity staking pools also have 6 different lock periods with an unlocked option starting at 20% APY and the 1-year option with up to 55% APY.
DefiGold is a company bringing the excitement of physical gold mining to the blockchain, reducing the barrier of entry for pioneering investors to experience the excitement of an actual expedition to find gold. Early “Miners” can benefit from the virtual staking platform all while being front row to a rare, often hidden adventure right from their computer screen. For more information about DefiGold please visit https://www.defigold.io and join their community today.
Stocks saw out the week on the backfoot once again. Initially buoyed at the start of the week by the better-than-expected inflation data, come Wednesday and the Fed signaling rates are set to go higher until it is clear inflation has been tamed, the mood soured again, shifting back to the bearish trends on offer most of the year. So, these are uncertain times. Volatility is the ruling force in the markets, and investors are looking for some signal that will indicate just which stocks are attract
If you're screening for high dividend-yielding stocks, it's likely Verizon (NYSE: VZ) and AT&T (NYSE: T) have come to your attention. Verizon is currently yielding an eye-popping 7%, and AT&T yields slightly less at 5.8%. Let's find out if investors have a reason to worry about the dividend payout of these two.
No platform holds a candle to Facebook when it comes to social media; Apple's iPhone is unrivaled; Amazon revolutionized digital retail; Netflix has long been the face of streaming video; and Google's search was so ubiquitous, it became a verb. Investors have been skittish about the decelerating growth that has plagued online retailers over the past year. It's more likely that digital sales are simply taking a breather before their next leg higher.
The stock market downturn won't last forever, so buy these two high-quality companies while they're discounted.
Stocks tumbled last week, with the S&P 500 falling 2.1%. The index is now up 7.7% from its October 12 closing low of 3,577.03 and down 19.7% from its January 3 closing high of 4,796.56.
Here are attractive choices for retirees and others who live off the income that their investments generate.
The company led by Elon Musk had a market capitalization of $1.13 trillion on Dec. 31, 2021. The market value is only slightly over $474 billion, meaning that nearly $640 billion of stock market capitalization evaporated in 12 months. Tesla's stock is currently trading at $150.23, which represents a 57.4% year-on-year drop.
Most dividend-paying companies send a fixed amount to their investors each quarter. While that income variability isn't for everyone, the upside potential can appeal to investors willing to take on a bit more risk. Three stocks currently offering big-time income streams with upside potential are Blackstone (NYSE: BX), BHP Group (NYSE: BHP), and Devon Energy (NYSE: DVN).
Tesla (NASDAQ: TSLA) shares haven't participated in the recent market rebound. First, Tesla stock has been richly valued for a long time using traditional metrics like price-to-earnings (P/E) ratios. It also comes as investors are concerned that CEO Elon Musk has become distracted by running Twitter and has been alienating potential Tesla customers with some of his public comments.
During the wildest year for global markets since 2008, individual investors have been doubling down on stocks. U.S. equity mutual and exchange-traded funds, which are popular among individual investors, have attracted more than $100 billion in net inflows this year, one of the highest amounts on record in EPFR data going back to 2000. Hedge funds, meanwhile, have been paring how much risk they are taking in stocks or making outright bets that major U.S. indexes will tumble.
(Bloomberg) — The world’s biggest money managers are set to unload up to $100 billion of stocks in the final few weeks of the year, adding to a selloff that’s snowballed since Jerome Powell’s unequivocal message that policymakers will press on with aggressive tightening at the risk of job cuts and a recession.Most Read from BloombergHarry and Meghan Aren't Doing Themselves Any FavorsUkraine Latest: Germany Says No Ceasefire on Russian TermsReal-Money Funds Dump $100 Billion of Stocks on Rebalan
Recently, SoFi Technologies' (NASDAQ: SOFI) CEO Anthony Noto purchased $5 million of the company's common shares. Like most consumer-facing fintech stocks, SoFi had a difficult 2022 and the stock is down more than 70% after a monstrous year in 2021. In this particular case, however, I think Noto is really trying to speak to the market to assure it that numerous concerns that have recently come to light are overblown.
Because of that, there are some real bargains out there for passive income-seeking investors. Three dividend-paying stocks a few Fool.com contributors think look extremely attractive following this year's sell-off are 3M (NYSE: MMM), Energy Transfer (NYSE: ET), and Brookfield Infrastructure Partners (NYSE: BIPC) (NYSE: BIP). Because of that, they could supply investors with lots of passive income in 2023 and beyond.
Despite being an active buyer this year, Buffett's company Berkshire Hathaway also sold several of its holdings as it repositioned its portfolio.
According to data by Hartford Funds and Ned Davis Research, dividend growers and initiators have delivered a 10.7% annualized total return since 1973. Given those higher returns, investors should consider adding high-quality dividend growth stocks to their portfolios. Five top options are American Tower (NYSE: AMT), Digital Realty (NYSE: DLR), Mid-America Apartment Communities (NYSE: MAA), Realty Income (NYSE: O), and Prologis (NYSE: PLD).
Rivian (NASDAQ: RIVN) is one of the most talked about EV start-ups to hit the market in the past decade, but it hasn't done a lot to add value for investors. The hard truth is that it may be a while before Rivian is a profitable company. Using Tesla (NASDAQ: TSLA) as a proxy you can see below that Tesla wasn't generating positive free cash flow until 2019, nine years after it went public.
Bitcoin's (CRYPTO: BTC) price hit an all-time high of $67,567 last November. The world's top cryptocurrency lost its luster as inflation, rising interest rates, and other macro headwinds drove investors away from riskier investments. Coinbase (NASDAQ: COIN), one of the world's largest cryptocurrency exchanges, and Marathon Digital (NASDAQ: MARA), one of the market's top Bitcoin mining companies, both shed more than 80% of their value this year.
Pfizer Inc.'s ( NYSE:PFE ) price-to-earnings (or "P/E") ratio of 9.6x might make it look like a buy right now compared…
Amazon (NASDAQ: AMZN) didn't deliver its usual top earnings and share price performance this year. The company is a leader in e-commerce and cloud computing. Amazon should benefit from this in the coming years.
Learn the difference between the GOOG and GOOGL stock ticker symbols for Alphabet (the company formerly known as Google).