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Yummy Coin: How To Invest In This New Charitable Crypto

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New cryptocurrencies are popping up at a wild rate. Some of them are nothing more than get-rich-quick rug pulls. Others are setting out to transform the world in some way. Whether they will be successful is anyone’s guess. But the new Yummy Coin fits firmly in the latter category.

Cryptos can appeal to different people for different reasons. Some like the blockchain technology behind them. Others like the moneymaking opportunities they provide. However, if what the team behind the new Yummy Coin says is true, there can also be an altruistic nature to crypto… like what Telcoin is hoping to pull off.

Have you ever donated to charity? To be honest, most of my charitable giving happens toward the end of the year. And it’s largely for tax purposes… even though the 2017 Tax Cuts and Jobs Act reduced the impact those donations make when it’s time to file. But hey, old habits die hard…

When a prompt shows up on a credit card machine asking if I’d like to round up to the nearest dollar to donate, I’m in the habit of hitting the “No” button. Don’t get me wrong, I like charity. I’m no objectivist. But when I donate, I like to know it counts. And I prefer to pick the causes I donate to. One of those causes is world hunger. This is where Yummy Coin comes into play.

Why Yummy Coin?

You wouldn’t know it at first blush. The website has slick graphics – except when it intentionally doesn’t – but this new crypto on the block has a very wholesome purpose. The meme-worthy imagery of a dog and a slice of pizza conjures up a different vibe than trying to solve world hunger. But that’s evidently what the goal is. And by conventional measures, the initiative is already more successful than almost anyone who hasn’t signed up for the “billionaire challenge.”

To date, the team behind Yummy Coin has already donated more than $600,000 to Binance’s Lunch for Children program. After less than a month of existence, that’s an impressive feat. And any cynical readers can take a look the charity wallet here.

So how has this new crypto raised so much money so quickly? It takes teamwork. Teamwork from both holders and traders. You see, every time Yummy Coin is traded, it triggers a donation that is deposited toward a verified charity targeting the cessation of world hunger. Every Yummy Coin transaction – whether the coin is purchased or sold – has an automatic 9% transaction tax.

That tax is divided three ways. One-third goes back to holders. One-third goes toward the locked liquidity pool. And the final third is deposited into a charity fund. The ultimate goal is to be able to donate $700,000 to charity per week. It’s a bold goal. But by the looks of things, it seems doable in the not-too-distant future.

What the Future Holds

Considering the team behind Yummy Coin first conceptualized its novel crypto mere months ago, things are off to an impressive start. The team started by putting together a group of developers and social media marketers.

Then it quickly launched a website, initiated a fair token launch, and locked the Yummy Coin liquidity pool for 10 years. And before the official launch, it was announced that Yummy Coin would be fully community-owned. Then, of course, it was listed on PancakeSwap. But that’s not all that Yummy Coin has in store for us…

There are already plans to launch a merch marketplace, an NFT marketplace and, naturally, a charity marketplace. And the team is planning on integrating a payment processing system that will allow holders to pay with Yummy Coin or via a credit card. A portion of all sales will be going toward charitable donations.

The future looks bright for this new token. Especially if it can keep up momentum. Which of course brings us to the big question…

How to Buy Yummy Coin

As we mentioned above, Yummy Coin is listed on the decentralized exchange PancakeSwap. So buying it isn’t quite as easy as logging into your Coinbase account and just picking some up. But the process should be familiar for those who have invested in new cryptos before.

You first need to drop some Binance Coin into your wallet. Just about any of the best crypto wallets will do. Directions on the Yummy Coin website suggest Trust Wallet, and that’s what we’ve been using too. Then you just head over to PancakeSwap, click on the “Unlock Wallet” button, transfer some Binance Coin and trade it in for Yummy Coin. The process might be intimidating for new investors. And I’ve certainly experienced some hiccups in the process. But after executing a trade or two, you’ll be an expert.

The Bottom Line on Yummy Coin

Just about any way you look at it, investing in Yummy Coin is completely speculative. Whether or not this new token will head to the moon is impossible to predict. But if it does catch on and sustain its current momentum, Yummy Coin could make early investors a decent chunk of change. And with any luck, it will help feed hungry folks around the world in the process.

For anyone looking for additional investment opportunities in the crypto space, we suggest signing up for the Manward Financial Digest e-letter. In it, Manward Press founder Andy Snyder helps new and experienced investors find prospects in crypto and beyond. All you need to do is enter your email address in the box below to get started on your path toward financial freedom.

These 3 Cryptos Could All Be Bigger Than Bitcoin

The cheapest one is just $2… but top crypto traders are pouring in.

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4 Important Tips for Having a Vacation Abroad

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4 Important Tips for Having a Vacation Abroad

Are you planning to go abroad but still don’t know what to prepare? People dream of going abroad, especially to countries like America and Europe. If this is your first time going abroad, you should check the following tips!

Prepare All Important Documents

The first thing you need to do is prepare important documents. For example, passports, ID cards, visas, and international driving licenses if you are going to drive abroad. Make sure you know whether the country you are going to visit is visa-free or not. For Southeast Asian countries, the Maldives and Turkey are visa-free, so you only have to have a passport. But a visa is still needed if you want to go to South Korea, Europe, or America. Make sure to scan your document and save it in the cloud like Google Drive or iCloud. Oh, yes, remember to check your vaccination status. Because every country needs your health information.

Make Itineraries

Itinerary is important for those who want to travel abroad. The reason is holidays abroad cost a lot of money, so when you can, take advantage of it with a well-planned schedule. Research in detail the tourist destinations you want to visit. For example, what is unique in it, ticket prices, transportation to get there, to the distance from the inn you’re staying. Remember to include places to eat that you want to try. Make sure the place to eat is according to your preferences, such as halal or free of certain food allergies.

Book Tickets in Advance

When you know how long you will be on vacation with the itinerary that has been prepared, it’s time to book plane tickets and lodging. Find cheap tickets by:

  1. Using promos and discounts on travel agent applications.
  2. Comparing which price is lower and what kind of facilities you will get.
  3. Choosing accommodation that fits your budget but is still comfortable.

Oh yes, also remember to check how the pandemic situation is in the country you are going to visit. Do you have to quarantine or not? Because it will affect your itinerary and accommodation. Due to the pandemic conditions that have not fully recovered, check whether there is still Indonesia quarantine after returning from vacation.

Exchange Money and Check Your ATM Cards

Exchange your currency into the destination country’s currency, for example, yen, euros, dollars, won, and others. But remember, don’t carry too much cash because it’s also prone to theft, besides being wasteful. For the rest, you can do cashless transactions. Check your bank’s ATM card to see if it has Visa, MasterCard, or Cirrus logos. This row of stamps indicates that your bank is working with banks abroad. Or you can also use a credit card to make your transaction easier.

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Down 43%, Is This Tech Stock Worth Buying Right Now?

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Down 43%, Is This Tech Stock Worth Buying Right Now?

Skyworks Solutions (NASDAQ: SWKS) announced its fiscal 2022 fourth-quarter results (for the three months ended September 30) on November 3, and the supplier Apple’s stock price has risen 11% since then.

Skyworks beat expectations and showed solid growth at a time when smartphone sales were declining, but forecasts show the chipmaker is about to hit a bump. With that said, let’s take a closer look at the latest results from the chipmaker. Let’s take a closer look at whether the stock can sustain new momentum after losing 43% of its value in 2022.

Skyworks solutions deliver reliable results for non-mobile businesses
Skyworks’ fourth-quarter revenue increased 7% year-over-year to a record $1.4 billion. The company also reported non-GAAP (adjusted) earnings of $3.02 per share, up 15% year-over-year. Skyworks easily justified analyst estimates of $2.91 per share. For the year, the company’s revenue increased 7% to $5.5 billion and earnings rose similarly to $11.24 per share.

The strong growth of chipmakers in the fourth quarter was the result of successful diversification into new markets such as Internet of Things (IoT) and automotive, as well as relationships with major smartphone original equipment manufacturers (OEMs). Yes, it helped make up for it. Weakness in the smartphone market. space. However, it was the non-mobile business that put a lot of effort into Skyworks last quarter.
As CFO Chris Sennesael noted in the report, the company generated $500 million in revenue from broad market segments (counting chip sales for non-mobile applications like IoT), up 30% from the previous year. Last earnings conference call. Broad market companies contributed 36% of Skyworks’ revenue last quarter, up from 29% in the same period last year.

It’s also worth noting that Skyworks earned $2 billion in revenue from this segment for the entire fiscal year. That’s almost 43% more than the $1.4 billion in revenue last fiscal year. The good news is that the company’s business in a wide range of markets can maintain its momentum. This is because, as Skyworks showed in its earnings report, it is attracting new customers in high-growth niches like IoT.

“In IoT, we continue to win new customers and expand our content. We have partnered with Vodafone to launch the UK’s first WiFi 6E platform. We have launched a solution for Fi 6 hotspots.”

Skyworks also enables the deployment of O-RAN (Open Radio Access Network) and delivers record quarterly results in the high-growth automotive business niche. For example, the O-RAN market is expected to grow at an annual rate of 42% until 2030. Meanwhile, according to Mordor Intelligence, the demand for connected cars will grow by 19% per year until 2027.

These catalysts explain why Skyworks expects its broad commercial segment of the market “to be a major driver in FY23 and beyond.”

The mobile business was not in its best last quarter
Skyworks’ mobile business generated approximately $907 million in revenue last quarter (this is total revenue minus $500 million from the broader market business). By comparison, 71% of Skyworks’ $1.31 billion in revenue last year came from its mobile business, worth nearly $931 million.

Thus, the company’s mobile business, which generates most of its revenue, declined year-over-year in the most recent quarter. This is not surprising given that smartphone sales have been declining for the past five quarters. Skyworks considers Apple its biggest client, with the smartphone giant generating 58% of its revenue last year.

Last quarter, Apple shipped 48.5 million smartphones, 6.4% more than last year. However, the overall smartphone market was down 9% year-over-year. And now things could get even worse for Skyworks.

All of this explains why Skyworks management is targeting a sharp drop in sales and profits. The chipmaker expects revenue of $1.3 billion to $1.35 billion and adjusted earnings of $2.59 per share in the first quarter of fiscal 2023. These numbers show double-digit declines in both revenue and earnings compared to the last year.

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Tech Shares May Weigh On Taiwan Stock Market

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Tech Shares May Weigh On Taiwan Stock Market

(RTTNews) – The Taiwanese stock market fell nearly 230 points (1.7%) on Tuesday after falling for two days. The Taiwan Stock Exchange is currently just above the 14,700 plateau, but selling pressure is likely to resume on Wednesday.

The global outlook for Asian markets is mixed, with little change ahead of major economic events that could affect the interest rate outlook. European and US markets were mixed and flat, followed by Asian equities.

The Tokyo Stock Exchange closed sharply higher on Tuesday after gains in financial, technology and cement stocks.

The index closed at 14,709.64, up 152.77 points (1.05%) after trading between 14,449.05 and 14,716.58.
Among assets, Cathay Financial was up 3.45%, Mega Financial was up 1.78%, CTBC Financial was up 2.93%, Fubon Financial was up 2.94%, First Financial was up 1.35%, E Sun Financial rose 1.66%, Taiwanese semiconductor company rose 1.35% and United Microelectronics rose 1.35%. Corporation and Catcher Technology rose 0.56%, Largan Precision shed 0.22%, MediaTek rose 1.42%, Delta Electronics rose 1.71%, Novatek Microelectronics rose 0.51%, China Steel rose 0.51%. 2.87%, Formosa Plastics shed 0.22%, Nan Ya Plastics rose 0.92%, Asia cement rose 1.48%, Taiwanese cement rose 1.67%, and Hon Hai Precision remained unchanged.

Wall Street’s lead indicates a slight negative bias as the leading average rose, then fell in the middle of the session, but then rose to end the mix almost unchanged.

The Dow rose 3.07 points (0.01%) to close at 33,852.53, while the NASDAQ fell 65.72 points (0.59%) to close at 10,983.78, and The S&P 500 fell 6.31 points (0.16%) to 3957.63.

Volatile trading on Wall Street comes amid continued uncertainty about the situation in China following widespread outcry over the country’s Covid restrictions.

Traders may also have been reluctant to make any significant moves ahead of comments from Federal Reserve Chairman Jerome Powell today that could provide further clues about the rate outlook. Unemployment data continues to be released on Friday.

In terms of economic news, the Conference Board released a report showing a moderate decline in US consumer confidence in November.

Crude oil futures ended higher on Tuesday, extending gains from the previous session on hopes that OPEC could cut production to support prices later this week. West Texas intermediate oil futures rose $0.96, or 1.2%, to $78.20 a barrel in January.

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