Myconstant is a digital peer-to-peer (p2p) lending platform that leverages the versatility of digital currency to make p2p lending more accessible and offer lenders greater levels of control. All lending is also backed by cryptocurrency capital, offering a measure of protection on funds.
However, p2p lending has its share of issues, so due diligence is required before putting your money to work on this platform.
P2P lending is the practice of lending individuals or businesses money through services, predominantly online, that match lenders to borrowers.
Essentially, you’ll be lending out your money and making profit on the interest accrued. While p2p loans can offer investors (lenders) annual returns in the ballpark of 7-11%, they are also considered a high risk investment.
A lack of FDIC insurance and security on the loans means borrowers can default, and leave investors SOL. It’s not inconceivable that an unsecured loan could be defaulted on and the lenders would lose 100% of their investment.
Therefore p2p lending has always been a careful balance between risk and reward. However, as the industry grows new digital solutions are being created to address the more gaping issues.
Myconstant began as a stablecoin (CONST) project back in 2019. To the uninitiated of crypto, stablecoins are digital currencies whose value is linked to an underlying asset, the US dollar in the case of CONST.
Experience in the crypto industry gave the company a different perspective on finance, and they ultimately pursued p2p lending precisely because they believed their digital currency addressed common issues in the p2p industry.
For starters, they saw p2p as being too centralized. P2p lending platforms like Prosper and Lending Club essentially acted as banks, setting rates, evaluating risk, and controlling the lending process. Digital currency like CONST runs on blockchain technology, meaning its decentralized and much more versatile. Myconstant claims this allows them to give lenders unrivaled levels of control over the lending process.
Another issue Myconstant saw in p2p lending was a lack of collateral and, as a result, security. Again, digital currency helps resolve this issue by standing in as collateral for the loans.
Myconstant’s most accessible option, and a great choice for beginners who are new to p2p lending and simply want to dip a toe in the water.
Instant access means you will always have access to your funds; they won’t be locked out for a set period of time as with fixed-term. The interest is also paid out in real time, as opposed to at the end of the term.
The trade-off here is that APY for instant access lending is lower than fixed-terms. While fixed-term loans can make anywhere from 6-9% APY, instant access offers 4%.
However, instant access is still a good option to try out in the beginning, and then move into fixed-rate lending as you become more comfortable with the platform.
Fixed-term lending offers better rates, but locks the loaned money up for a fixed period of time. This is typically the option taken by those with experience in lending who understand the risk and find it acceptable that their money will be inaccessible for a set period of time.
Myconstant currently has 3 packages for fixed-term lenders, each catering to different demands:
– 6% APY for 30 days
– 7% APY for 60 days
– 9% APY for 180 days
With the fixed-term loans, interest is paid out at the end of the term.
For crypto enthusiasts, Myconstant also offers the option to lend directly in crypto and avoid fiat currency altogether.
Crypto lending is a rapidly growing industry, and there are many businesses and individuals in search of crypto capital to drive their entrepreneurial efforts.
Myconstant supports lending for Bitcoin (BTC), Ethereum (ETH), and Binance (BNB) cryptocurrencies, but only with these three. Minimum loans must be at least 0.005 BTC, 0.1 ETH, and 0.01 BNB (around $150 – $200). Maximum loans cap out at 5 BTC worth of any token (currently = $165,000).
Similar to instant access, interest is paid out in real time and your money is accessible at any time.
As a new and growing business, Myconstant has several bonuses available to encourage investing your money.
For every deposit equal to or larger than $1,000 investors will receive $15 cashback.
They also offer new US users, 4% APR on a $4000 trial bonus to try out the platform and see how your money grows.
Myconstant also has a strong referral program, offering users 10% of the instant-access investment interest from any accounts they refer.
Myconstant looks like a great opportunity for anybody interested in p2p investing, and they talk a big game. The question is, can they back it up?
For starters, understand that there are inherent risks with both p2p lending and with cryptocurrency in general. Both are emerging industries, which is why we’re able to see such significant gains. However those gains are balanced by just as much risk, and an understanding of this balance is necessary before putting your money into either.
Internet reviews for Myconstant generally lean towards the positive, with the platform earning a 4.5 star review on Trustpilot across nearly 1,000 reviews. That many positive experiences alone must mean they’re doing something right.
There are some negative reviews, but most seem to be cases of transfer issues which seem to occur case-by-case and not as a consistently trending issue. I’d be pissed too if my money had trouble coming in, but if it only happens to 10 people in 1,000 then it’s not much to worry about. We all got vaccinated, right?
One area the reviews indicate the company excels in is customer service, and it seems like the platform goes above and beyond to help their users get started in p2p lending.
Their customer service line is also open 24/7, which is a big plus for an online platform with potential customers from a multitude of timezones (and a big advantage over traditional banks which close at like…2:00pm)
P2p lending can be risky, but a balanced investment portfolio should honestly have a bit of risk. Gotta risk it for the biscuit!
By leveraging the exciting new opportunities available with digital currencies, Myconstant does cut a bit of the risk (not all of it) from p2p lending and makes it more accessible than ever before.
If you’re looking for a new investment vehicle and can stomach a bit of risk, this might be exactly what you’re looking for!
Picking a digital gambling platform may seem easy, but it’s not really like that. After all, there are countless platforms available on the Internet, which makes it critical to check the online casinos rating before joining any given website or app. The rating online casino tells you the quality and trustworthiness of a digital gambling platform.Therefore, it is important to know what you should be looking out for in order to make an informed decision. But without research, the odds of joining a credible platform are minimal. For instance, a thorough analysis will help you find some of the best paying online pokies or other high-quality games that you are interested in.
In this post, we are going to breeze through the top three quality factors that influence the casino online rating. Let’s check them out!
Image source: https://unsplash.com/photos/7H7KVCihBvI
The number one quality indicator when it comes to finding an online casino with best rating is the level of security they offer. All reputable online casinos should have a variety of measures in place to ensure player safety and data privacy. Here are a few critical cybersecurity features:
If you like playing online poker, we encourage you to find a platform that fulfills all of these security criteria.
If you need an online casino with highest rating, take a look at the game selection, too. Online casinos should offer a wide selection of casino games, from all the traditional classics to modern variations and specialty titles. These include games like slots, blackjack, baccarat, roulette and more. The best online casinos also feature live dealer options for certain games, giving players an immersive and realistic gambling experience. It’s a great way to feel like you’re in a real casino without having to leave the coziness of your home.
Besides that, you should also look for platforms with themed gaming options. What does it mean? Basically, it refers to casinos that offer a specific theme or genre for their games. For example, some online casinos specialize in slots with an Egyptian theme, while others focus on fantasy-inspired titles or sports-related games. A good online casino should also feature high-quality graphics and sound effects to make sure that the players have an immersive experience. In addition to that, it should also provide a large selection of themes and betting limits to cater to all types of gamblers.
Image source: https://unsplash.com/photos/3-dz_zeSiI4
Most online casinos offer some kind of bonuses or promotions to attract new customers and keep existing ones engaged. With these perks, you are guaranteed to have fun and experience a lot of emotions while gambling, which is why it’s a big factor for online casino top rating. Look for casinos that offer generous welcome bonuses and regular reloads, as well as loyalty programs and other promotions to give players bonus funds or extra rewards. Here’s a brief overview of the finest promo perks:
It’s essential to read through the terms and conditions of any bonus before you accept it. That way, you can make sure that you understand what is expected from you.
Overall, it is critical to look at a variety of different criteria to determine the overall quality and suitability for your gambling needs. Security, game variety, and bonuses are all important factors to consider before committing to an online casino. It is also a good idea to research any potential casino thoroughly before signing up or depositing funds. By taking the time to do this, you can make sure that you’re playing at a reputable and trustworthy online casino.
In the character of every person, there are elements of leadership. Many people think that only some are given the chance to become a leader. But it is not so. Anyone who wants to can lead people if he works on himself. Many people have dreams and ideas that they want to realize. Therefore, for entirely understandable reasons, the question of how to become a leader arouses genuine interest.
A leader is a person whose opinion is listened to and respected in the team, who is distinguished by purposefulness and the ability to lead people, and who differentiates between true and false values. There are two types of leaders:
So if you decide to become a natural leader, it is the perfect time to start moving toward your goal. Because anyone can become a leader.
Barack Hussein Obama is the 44th President of the United States and one of the most famous leaders. What did Barack Obama do as a leader? This person achieved many changes in society and became the one whom people want to hear and whom they want to imitate. He is a perfect example of how a person can become a leader and lead people. In some of his speeches, he was asked about advice for leaders, and he shared the main ones in his opinion.
Every student has undoubtedly wondered at least once how Obama achieved such success. You can find many examples of essays about leadership to understand this better. Each barack obama leadership style essay can inspire you to change and help you understand the essence of leadership. Below are some of Barack Obama’s tips to help you become a leader.
A leader, regardless of whether he is a politician or a public figure, should be a marketer. This quality will help sell anything and attract more people to any activity. Also, this skill will help spread information correctly so that more and more people want to make news out of it. Based on this, one more important skill is the skill of storytelling.
A leader must be able to convey any message or information in simple words so that as many people as possible understand. But for people to start listening to you, you need to be prepared that there will be a lot of criticism at a particular stage. You will have to get used to critical remarks directed at yourself and learn to respond adequately to them. A leader should always be ready for changes, even if they go against his desire.
When Obama was president, he had about 2 million subordinates. From this experience, he concluded that you need to develop leadership skills for employees, followers, and colleagues to trust you. If other people see you as a leader, they can come to you to talk about their problems. But ask for advice. You are responsible for certain people when you manage a company or ordinary life. It would help if you took care that you learn about all possible problems in the company, in person, and not from gossip or other sources.
A leader believes in everything that he does and says. He is confident that he can change the world and knows how to broadcast his faith so that other team members care about it. It is not a miracle but a significant work on oneself and unique psychological and intellectual resources. It is worth trying to listen to the experiences and opinions of others. Furthermore, it is also important not to forget to ask about the affairs of acquaintances and friends. If you put the interests of other people on the same level as your own, then everyone in the company will feel needed. This will lead to the fact that a team will rally around you, and you will be able to realize your ambitions as a leader.
?Although taking responsibility and leading personally is essential, successful leadership sometimes requires sharing power. Obama said that we are witnessing a change in the usual roles in society. And for reforms to be long-term, any leader must share a passion with others. When everyone has a particular share of power, each person takes on a little responsibility. Oddly enough, this makes it possible to control any processes better and be more involved in all situations.
Understand that no one but you are responsible for the events that happen in your life. So stop complaining about problems and start thinking about how to solve them. One of the important skills of a leader is the ability to fearlessly step out of one’s comfort zone and not be afraid to do something new. Do not be afraid to ask for advice from people with experience.
So, to become a leader in a team, you need to work on yourself constantly. Personal development is an important part of leadership. You need to clearly know what you want and understand how to realize your dreams. All efforts should be directed to this in order to achieve results. As soon as you yourself feel like a leader, those around you will notice and perceive you accordingly. Even if you don’t plan to take on a leadership role in a team, Barack Obama skills will help you expand your horizons and become a better version of yourself. So, you will be able to better cope with adverse circumstances, take decisive action when necessary, and defend your rights.
Students are always excited to get to college because of the hint of freedom to be experienced. However, once they get there, most soon realize that more is required of them. College life is worth looking forward to, but it involves more responsibility, work, and challenges. Many collegians struggle to keep up with everything, which can get frustrating. One area that poses a challenge for students is the assignments.
Collegians struggle to keep up with their assignments, which can be due to various reasons. For some, it’s usually because of being handed excess workload to complete within close deadlines. Some will also struggle with tasks they find too complex, while others lack the time for some assignments due to their packed schedules. A student in such a position is under a lot of stress, and seeking help with schoolwork is the best way to deal with it.
There are multiple assignment companies online you can consult if you’re ever in such a situation, but it’s essential to choose wisely. Not every online writer will have your best interests at heart, and you should research any online service you are interested in to ensure it’s trustworthy. Your grades are on the line here, so you must ensure you have the best essay writer for your work. Essaywriter.org has created a decent reputation for providing students with high-quality services at reliable rates. In this text, we dive into why they have amassed such a loyal following among students.
One of Essaywriter’s prize features is its top-tier writing team. The writers are the main asset for any writing service because they determine the quality of the work produced. Essaywriter is known to have some of the best writers, and multiple individuals who have worked with the service can attest to this.
The company greatly invests in acquiring top writers who can produce the quality work students expect. These are individuals with superb writing skills and verified academic credentials that make them qualified for any task students need handling. In addition, the company is strict in vetting its writers and will put them through a series of tests of their writing skills and knowledge in specific fields. So, working with them guarantees you well-researched and properly written papers.
Over the years, Essaywriter has created an excellent reputation among collegians primarily because of its ability to get clients the quality of work it promises. Many assignment services promise the world in terms of quality but don’t really meet expectations. With Essaywriter, you can get the quality you’re looking for. Its superior writing department consistently produces astounding papers across different subjects and topics. The experts deliver on even the most complex papers you may struggle to complete.
After the writers complete a task, an editing team proofreads it. They eliminate any errors, confirm it fulfills the instructions provided, and satisfies the quality requirements stated. The work also goes through reputable grammar and spelling tools to improve its overall quality.
As an Essaywriter client, you are eligible for multiple guarantees with your assignment. These guarantees protect clients and make it an even better deal for students.
Plagiarism is deadly in a student’s work, and almost all universities check and punish students for it in major papers. Essaywriter guarantees 100% unique work on every assignment that easily passes any plagiarism checker. The service uses trusted checkers to ensure that every article is original.
Clients can request multiple adjustments for their work at no charge at all. For example, sometimes clients will receive a change of instructions and would like some amendments to be made in the work; these revisions make that possible.
Any assignment you entrust to Essaywriter will be completed within the deadline you choose when ordering. Different papers have different lead times, as in the website, and writers will always meet the selected deadline. They work fast while still maintaining the excellent quality of work students deserve.
On top of affordable prices, regular customers receive special discounts on their assignments. These can range anywhere from first-time discounts to holiday discounts or referral discounts.
The service guarantees that no personal data is shared with any third parties. In addition, writers do not have access to client information. They only need a client to submit a valid email that they will use to contact them for progress updates and to inform them when the task is completed.
It is rare for a company to provide excellent quality services and still offer competitive prices like Essaywriter does. They understand most students are not entirely independent, so their finances are limited. So, the service provides student-friendly prices for all services.
It’s worth noting that different factors influence pricing. They include:
Even then, you will find the prices fair, considering the impressive guarantees you receive.
Aside from a great writing team, with Essaywriter, you get one of the best customer support personnel out there. Whether you are facing challenges when ordering papers or have further questions about the service, they are there to help. They will also help you to choose writers.
The organization hires well-trained customer support agents who work in shifts to provide 24/7 availability for clients. These individuals are patient and attentive and display the utmost professionalism.
Being a student isn’t easy, as one is likely to meet some challenges along the way, coursework being among them. Students should remember to seek help when they feel overwhelmed. Constant stress is not worth it, regardless of how challenging a course is. Essaywriter is one of the few legitimate platforms for individuals needing a fast and reliable writer for their work. The service has built a solid reputation by always fulfilling its promises to clients. Very few paper writing services can match the value for money Essaywriter provides, so choose wisely and remember to seek help when you need it.
Some people consider trust funds to be tools for only wealthy people to pass their assets to their children and free them from earning a living. Yet, trust funds can be different in purpose and complexity, and some of them can be meant for retirement funds, charities, or public works.
You may create a trust fund for various purposes such as business, charitable, or personal goals if you want to provide future monetary assistance for your children and grandchildren. Keep on reading to learn how to set up a trust fund.
What is a trust fund? This is a legally binding account the purpose of which is to place your funds and valuable assets into a trust. Some people consider the terms “trust fund” and “trust” the same but they have different technical meanings. A “trust fund” means the property and assets provided by the grantor to the trustee.
The word “trust” may mean only monetary assets, but in reality, it can be any financial assets including patents, art, real estate, and copyrights. The term “trust” means the legal arrangement of transferring property from a grantor to a trustee for particular purposes. The fiduciary responsibility to manage and hold the property according to the directions specified in the agreement is conducted by the trustee.
A trust works similarly to a will. Both documents demonstrate how the person wants their affairs to be managed after they pass away. It may take longer to complete a will in comparison with a trust. Historically, trusts have been utilized by rich people to pass along their valuable assets to their heirs. However, anybody can have trust today as long as they know how to set it up.
This way, your children and even grandchildren won’t need to turn to unsecured loans for bad credit if they need extra funds as they will have your assets.
The key components of a trust are:
The official website of the Social Security Administration, states that there are two separate Social Security trust funds, the Old-Age and Survivors Insurance (OASI) Trust Fund pays survivors and retirement benefits, and the Disability Insurance (DI) Trust Fund pays disability benefits. Social Security taxes and other types of income are deposited in these accounts so that Social Security benefits can be paid from them. An agreement is signed up to explain how a trust account will use your assets after you pass away. The trust account is managed by the trustee on behalf of the grantor.
You can plan your children’s monetary needs with the help of a trust. Not only wealthy families set up trusts. If you are thinking about this option, you may want to investigate additional decisions and alternatives for the same needs.
Parents set at $12.06 million in 2022 if their total estate values exceed the values that will exceed the estate tax threshold. This number will increase to $12.92 in 2023. Every parent and grandparent may create a gift of up to the exemption limit yearly per recipient without having to incur gift tax due to the fact that the gift tax exemption was set at $16,000 for this year.
If your gift is more expensive, the excess will be taxable. Households with spare assets can benefit from trusts if they aim to limit the value of their assets and lower a high tax rate on annual taxable income. The beneficiary will receive any appreciation in the transferred asset.
If you are a grantor and want to set up a trust, you should consult with an estate planning lawyer. This specialist will help you find the most suitable trust. After that, the grantor should create a list of the assets and the beneficiaries of every asset that will be mentioned in the trust. The assets can be different so not only wealthy families can set up a trust.
You may mention even a piece of jewelry in the list and state its beneficiary, or you may want to mention a house or a car as well. Even bank accounts can be included in the trust. Every grantor has a chance to define what will be included in the trust and what assets will pass along to beneficiaries. The image of Benefits, Contributions and Trust Fund Reserves shows how these payments differed from 1938 to 2021. The tax rate decreased in 2020, while benefits paid went up to 1.90 percent of total wages.
When the papers are finalized, they should be signed by a notary. The lawyer will file your deed of trust if it is demanded by the state you reside in. A trust fund account will be opened in the name of the trust. Then, your valuable assets will be transferred into this trust. All the assets including property, real estate, jewelry, or bank accounts need to go into the trust if they were mentioned in the trust document. Finally, the trust will be registered with the Internal Revenue Service (IRS). A tax ID number will be issued to it as this number will be needed to file tax returns later.
If you want to designate your valuable assets for certain purposes, trusts may be very useful arrangements for that. You need to evaluate the pros and cons of this decision before you opt for it. Sometimes, alternative options may be cheaper and more efficient. Estate planning should be considered by every person no matter where he or she is in their life. Setting up a trust is a significant step that offers your beneficiaries a definite outline of your aims. Take some time and do your research to get a reliable estate lawyer who will walk you through this process.
Technological advancements have allowed the casino gambling industry to grow and develop in ways that were once thought impossible. Online gambling has become one of the most popular forms of gambling, with millions of people worldwide taking part in it and receiving no deposit sign up bonus in australia. The rise of online gambling has led to the development of new technologies that can be used to improve the experience for gamblers. One such technology is virtual reality (VR).
Virtual reality (VR) is a simulated experience that can be similar to or completely different from the real world. Virtual reality applications include entertainment (e.g., Xbox cloud video games) and education (e.g., medical or military training). Other distinct types of VR-style technology include augmented reality and mixed reality.
There are some definitions of “virtual reality”, with some standard features focusing on replicating or enhancing the sensory experience, immersiveness, interactivity, and creating an impossible experience in the physical world. This has led to some debate over what constitutes virtual reality; for example, 360-degree video technically meets most, if not all, of the criteria for virtual reality, even though images are only being displayed rather than creating an interactive or immersive experience.
Gaming is one of the most popular uses for virtual reality. VR gaming headsets allow players to fully immerse in the game, with some even offering haptic feedback for a more realistic experience. There are many ways in which VR can be used to enhance the casino gambling experience. For example, VR can be used to create realistic and immersive environments that make the player feel as if they are really in a casino or other gambling setting. This can create a more exciting experience for the player and make them more likely to want to gamble.
VR can also create virtual simulations of different casino gambling games. This can allow players to try out new roulette game strategies without risking money. This can be an excellent way for people to learn about new games and improve their skills.
Finally, VR can be used to create social experiences around casino gambling. For example, players could be able to interact with other people in a virtual casino or poker room. This could create a more social and exciting environment for gambling with a casino bonus.
It’s no secret that the gambling industry is always on the lookout for new technologies to help them attract and keep customers. Virtual reality (VR) is one such technology that has the potential to revolutionise the way we gamble. This technology can:
As with any new technology, its use has always been associated with risks. This is especially true regarding gambling, as people can quickly become addicted and lose money. VR can make gambling even more addictive, as it can be very immersive and make people feel like they are in the best online casino. This can lead to people gambling more money than they can afford to lose, and it can also lead to them becoming more addicted to gambling.
There are also general risks associated with VR use, such as nausea and dizziness. These risks are usually minor, but they can still be a problem for some people. Overall, the risks of using VR in gambling are relatively low, but they are still something to be aware of. If you are considering using VR in gambling, make sure to weigh the risks and benefits carefully before making a decision.
We can expect that VR will become a more and more popular technology in the gambling industry in the next few years. While it is still early days, and there are some technical challenges to be addressed, it is clear that VR has a lot of potential in this area. For instance, it can create more immersive and realistic gambling experiences. In addition, it can also be used to help problem gamblers by providing them with a safe and controlled environment in which to gamble.
Ultimately, it will be up to the individual casinos for real money and gambling operators to decide whether or not to adopt VR technology. However, VR can potentially revolutionise the world of digital casino gambling. It is still too early to say whether or not VR will become a fundamental feature in the digital gambling world. However, it has a lot of potential in this area.