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!
The online gaming sector is enjoying a seemingly endless cycle of growth. It is already worth billions and is forecast to grow by a further 11% each year between now and 2027. That would take its global value to more than £100 billion and a big part of that comes from online slots. These games are the favourite of the majority of people who play online casino due to their simple, fast and fun game-play. There is no doubt that both slots and the wider iGaming market are highly competitive. They are close to saturation point and the providers must keep coming up with ways of making the experience better, to retain player interest. In this article, we will look more closely at just how they go about doing that.
We can begin by examining one of the most successful providers of online slots: Rainbow Riches Casino. This site hit the crowded virtual casino market four years ago and instantly differentiated itself from the many others out there. That was achieved through the brand name, which comes from one of the most popular slot games ever produced. The Irish-themed Rainbow Riches debuted in 2006 and was such a smash that it led to multiple follow up slot games. The Rainbow Riches Casino was presented from the beginning as a place where fans of the franchise could find all of the games in one place. It has subsequently branched out to offer many other slot titles, but the name links it in the minds of casino gamers with a pretty legendary slot series.
There are a number of steps that the company behind this casino has taken in the four years since it launched to make it better for players. They include the following:
The first of these has seen the site add bingo, slingo (a popular blend of bingo and slots) and poker games to its offer, in addition to live dealer casino games. This has enabled it to become more of an all-round casino while still focusing its branding on that beloved Rainbow Riches series of slots.
By giving slots fans additional gaming options, the site has retained their interest for longer. The bonuses and promotions also help to stop customers from leaving and are a standard industry strategy to keep players logging in. When it comes to new visitors, the site provides free slot games to encourage them to play. These let such players try slots out without betting any money, so that they can get used to them first. It is part of creating that secure and pleasing overall environment. Other examples of this that have been adopted by Rainbow Riches include multiple customer service options, session reminders and deposit limits to ensure responsible gaming.
That is just one example of what casino sites do to make visiting them more fun for players. Now we will look at some of the general methods being adopted by the industry.
This can best be described as a collision of online casino and video games. Slot games that deploy it are usually downloadable mobile apps and they utilise in-game strategies to improve player engagement. Those include virtual items such as gems or other icons that players must find during the game to activate bonus features. Essentially it is about making the slot storylines more complex and involving.
Slot games have come a long way from the mechanical fruit machines of the past, but improving them through tech is an ongoing process. The next stage in that is widely expected to be virtual reality slot games that make the stories and graphics totally immersive for the player. Another example of casino sites deploying technology to enhance the experience of players is artificial intelligence (AI). This is being used in two ways: customer service and profile personalisation. The former sees AI chat-bots dealing with simple customer enquiries, so that players can get quicker responses. They are then passed to a human being if necessary. The latter involves AI tracking the behaviour of players when on a casino site. This data is then used to recommend games that an individual is likely to enjoy based on their previous choices.
The really big online casinos all invest in cutting edge encryption software to protect the financial data of their users. Even with that though, people can still be nervous about sending and receiving money over the internet. That has led casino sites to add ever more options for deposits and withdrawals. This started with e-wallets such as PayPal and Neteller, but is now expanding to include cryptocurrencies. They have the advantage of not requiring customers to submit any bank details. Enhanced payment security helps to ensure that players feel safer when they are using the site. Keeping a high level of customer engagement and seeking ways to improve it is essential to the success of any business, including online slot ones. Rainbow Riches and its rivals are well aware of that and have adopted strategies ranging from tech investment to ever-better bonuses and prizes to achieve it.
Assignments have always been incorporated into the academic system since people started learning. While they might seem complex and irrelevant, college students should not overlook them. Assignments have a lot of benefits for both tutors and students. Since tutors are not always there to help students, they usually use assignments as an effective way to help learners understand key concepts. Students can easily understand topics and prepare for their upcoming tests. If you want to get good grades and achieve your biggest academic goals, you have to do your assignments well. In this article, we are going to share with you some of the most effective tips, tools, and techniques that you can use when doing your assignments.
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When a tutor hands over a college assignment, some Canadian students start working on it immediately without reading the instructions carefully. Others procrastinate until the last minute only to end up doing everything hurriedly and making mistakes. Before you start working on an assignment, you have to understand it. The best way to understand it is by going through the instructions carefully. Read them multiple times and underline the key terms. Common key terms include “Describe”, “Analyze”, and “Discuss” to name a few. Finding out what these key terms mean will help you discover what you are supposed to do.
Another great way to understand the assignment is by reading college assignment papers online. You can easily access a wide range of papers at Canadian AssignmentBro especially if you are looking for someone to do my assignment in Canada. Don’t wait till the last minute to do all this. Poor time management will cost you good grades.
As you focus on assignment preparation, you’ll need to use a wide range of tools to boost your productivity and performance. In our modern world, there are lots of digital and analog tools that you can easily access. Let’s start with analog tools:
Study schedule: This is a timetable that helps you know when and what you should study. This eliminates time wastage and boosts productivity. When working on a complex assignment such as an essay, you need to come up with a schedule to complete it before the deadline. Breaking down this complex task into small manageable tasks that you can handle every day will eliminate stress and boost productivity.
Class notes: One of the most effective ways to learn in class is by taking notes. Apart from grasping key concepts, you can use your notes when you are working on your assignments. You can save a lot of research time and energy by simply taking notes and using them when writing assignments.
As a student, you have to manage your time effectively to make your days purposeful. You need to make the most out of the time you have in a day. Some of the most effective tips for time management and task prioritization include:
You have to master your schedule to stay on top of things in college. Coming up with a daily schedule will not only help you manage your time but also stay organized and focus on the most important tasks. This is an effective method of overcoming procrastination.
Working on a big project can be overwhelming. To avoid slow progress and procrastination, you need to break big projects into small manageable tasks that you can handle every day.
You need not push yourself too hard to complete your assignments on time. Your body and mind need rest to recover energy and operate at an optimum level. If you fail to rest, you’ll end up breaking your body.
You should never submit a paper without proofreading it. Why? The first draft usually contains a lot of mistakes. Proofreading helps you spot and eliminate these mistakes to boost your performance. If you cannot proofread your paper, consider handing it over to a friend or an expert online.
These are some of the best tips that you can use to finish your assignments on time and get good grades. Don’t be afraid of getting academic assignment help whenever you need it. As the popular saying goes, two heads are better than one.
Infographics are an incredibly effective way to create visually appealing and shareable content that helps brands drive traffic and engagement for their software. By combining data, images, and text into a single visual representation, infographics have the power to help companies stand out from the competition and draw attention to their products. And the best part is that when you’re working with a heavy application, going from code to cluster with the kubernetes registry, you can use an infographic to explain the process in an easy-to-understand way.
Infographics are an excellent tool for sharing knowledge quickly. With the right approach and design, they can convey complex information in a straightforward way that is easy to understand at a glance. Not only do they present information visually engagingly, but they also make it easier for readers to find the specific pieces of information they’re looking for. This makes them perfect for showcasing data-driven insights or step-by-step instructions, such as tutorials or product instructions.
In addition to informing readers about your product or offering helpful advice on its use, infographics can also be used as promotional tools. They are highly shareable on social media platforms such as Twitter and Facebook due to their visual appeal and brevity; an infographic’s visual nature makes it more likely that people will remember its contents over time. Brands can use infographics to showcase their products compared to competitors’ offerings or highlight customer reviews to make their software more attractive to potential buyers.
Creating effective infographics doesn’t have to be complicated or time-consuming either. Many online tools available today allow users to quickly assemble stunning visuals without any prior graphic design experience required. All you need is some basic knowledge of design principles and composition rules to create eye-catching visuals that will stand out from the crowd. Once you have designed the infographic, you can easily share it with followers across multiple social networks (Twitter, Facebook, etc.), maximizing your reach and generating more engagement with your brand’s software offering.
Infographics can be used to cover a range of topics, and there are several examples of effective infographics that you can use as inspiration.
Looking to explore the natural healing benefits of cannabinoids? You’ve come to the right place. In this article, we’ll cover the therapeutic benefits of cannabis-derived THC, different product types, and some common use cases for using the products containing. From THC and HHC gummies to CBD oils, hemp-based products are getting more widely available as you can now get them from reputable online stores such as hometownherocbd.com/collections/hhc-gummies and the like. With this in mind, it seems to be high time for you to discover all the ways cannabinoids can be used to help you get the needed relief. So, let’s get started on this exciting journey into the world of hemp-derived remedies!Read More
Slot machines have been around for many years and in recent decades the concept has been reimagined on the web, making the game easy to play on your computer, smartphone or tablet online.
Fast, reliable internet connections and improved technology has enabled game developers to create high quality, immersive slots that are accessible to wide audiences. Online slots were one of the most played casino games on the internet in 2022.
Fun, simple to understand and there’s plenty of variety – that is why slots always come out on top. Slot games have been adapted and improved significantly over the years to create new, exciting experiences for players.
One recent development is the hybrid game bingo slots, this combines slots with the popular game bingo. Bingo has been around for centuries and is enjoyed by millions of people in bingo halls, casinos, private venues and online.
Part of the appeal of bingo is that it is a relatively easy and simple game to follow, you do not need to have any special skills or experience to enjoy or succeed in the game and the results are completely down to chance.
Bingo can also be a highly sociable game, players and bingo halls will often play while enjoying food and drinks with friends and online games almost always have chat rooms you can join while you play. In comparison, table casino games like poker require high amounts of concentration, strategy development and skills such as the ability to bluff in order to be successful.
For those looking for a less serious game that can still win you exciting cash prizes, bingo slots can be a thrilling and a non-intimidating option.You can play bingo slots games on top quality casino sites such as Jackpotjoy.
If you are not familiar with the game and how it works, here is a guide to bingo slots, including the basic features of the game and why it is the game to play in 2023:
What are bingo slots?
Bingo slots, also referred to as ‘slingo’ are a combination of bingo and slots. To win at this game the player must complete lines on a board that looks similar to a normal bingo card. They mark off numbers each time they spin the slot reel and will come across symbols along the way.
Most often the game is laid out on a 5 x 5 grid with the slot reel you are used to seeing in normal slot games directly below it. There are typically 25 numbers and you are given a series of spins to complete a horizontal or vertical line on the grid. If you manage to do this then you will win a cash prize.
The more lines you complete, the bigger the cash prize. You are likely to get the biggest prize by marking off a full house, which is when every number on the grid is called out. Special symbols when found may have bonuses or reward you with an instant cash prize.
Bingo slots come in a huge variety of themes
One reason that slot games have always been a top performing game for casino sites is that their fun themes and vibrant colours appeal to a large audience. Bingo slots also come in a great range of themes, from circus and horror bingo slots to Egyptian and Ancient Greek themed bingo slots, the amount of choice is impressive.
These are just some examples, there are hundreds more to choose from and we can expect new games to be released regularly throughout 2023. Many of the top game development companies in the industry have an interest in or are working on bingo slot games.
Wagering is similar to slots
Just like typical online slots, minimum bet sizes for bingo slots are low. This makes the game accessible to new players and those that want to test out a new game without parting with a significant amount of cash. The Return To Player (RTP) percentages for bingo slots are also similar, the RTP figure illustrates the average amount wagered that is returned to players. over a significant number of games played.
Many sites offering bingo slots have welcome bonuses and other incentive offers, with most of these aimed at new players. Utilising these can be a great way to try out this hybrid game, just be sure to check out any rules and wagering requirements before you sign up so you know what to expect.
Online casino sites continue to expand their game offerings with options such as live streamed games, virtual reality and exciting new hybrid games. Bingo slots combine two tried and tested popular games that appeal to very similar audiences.
If you are looking for easy to play yet still thrilling online games to enjoy in your free time, bingo slots ticks all the boxes.