Blog Posted In Business, Finance

MyConstant Review: How To Make Passive Income


By | source: Feb 9th, 2021

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. 

 

What is P2P Lending?

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: Leveraging the Power of Digital Currency

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 page screenshot 1

Myconstant Products 

Instant Access Lending

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 with Myconstant 

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. 

 

Crypto Lend 

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. 

 

Myconstant Bonuses

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 Reviews 

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)

crypto currency

Final Thoughts 

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!

 

Blog Posted In Business, eCommerce, Internet, Social Media

Must-Have Tools for High-Quality Translators’ Work


By | source: Sep 26th, 2022

The times when a translator had to stock up only with paper, a pen, and knowledge of at least two languages ??are long gone, and modern interpreters use at least a computer or tablet. In addition, the development of technology makes it possible to simplify the work as much as possible, making it faster and more efficient. So, what are the best tools you should better download on your device for a more convenient work process?

Time Tracking and Managing Projects with Trello

Organizing all projects and setting time for each task has become easy with Trello! This instrument is inevitable for planning your schedule and getting things done without pressure or tension. It’s a perfect planner, allowing you to analyze productivity: for instance, if you decide to make a break and play live casino Canada, you can add it to your schedule to track the time. Trello is perfect for competently forming a to-do list, planning all tasks, and, of course, leaving time for breaks and rest.

 

 

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Grammarly for Checking Your Texts

Even professional translators sometimes make mistakes or typos, and Grammarly is an excellent tool to make your text polished. You don’t always want to proofread texts manually, so this program will do everything for you! Its functionality includes:

 

  • Checks the final text for mistakes and typos
  • Offers more interesting alternatives that are used in one or another language
  • Checks the punctuation properly
  • Provides synonyms and more suitable expressions

 

This program will significantly simplify the translator’s work and increase its efficiency. Once you start using this instrument, you won’t understand how you’ve lived without it before!

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Smartcat: The Best Cloud Technology

It’s an easy-to-understand and convenient instrument that is mostly used by freelancers and translating agencies. You can switch to it if you have used CAT technologies or even learn everything from scratch inside the program. The main benefit it has is its own marketplace, allowing it to involve other specialists in the work process.

XBench for Better Quality of Translation

This program is great for young professionals or those who want to improve their performance. XBench controls the texts’ quality and manages terminology, which is incredibly convenient for translators. Its main features that are highly appreciated by users are:

 

  • Grammar, punctuation, and accuracy checks
  • The possibility of uploading files in both languages
  • Adding sources of terminology
  • Creating quality reports, allowing the translator to see all pitfalls and mistakes
  • Helps to automatize tasks to avoid making them manually

 

Thousands of translators use this tool to control the quality of their texts. It’s also suitable for editors – save time and allow the program to help you.

Wordbee for Managing All Translations

This platform has all basic CAT functions and is suitable for tracking all texts and translations and keeping them in Wordbee’s memory. This tool has a built-in spellcheck, and a convenient interface helps to translate and check everything in a few clicks. Moreover, it is great for managing projects since it allows general access from multiple accounts.

 

Blog Posted In Education, Food, Health, Lifestyle

The 5 Health Advantages of Quantum Water Bottles for Your Body and Mind


By | source: Sep 19th, 2022

Source

Since the magnitude of the quantum water trend has hit, we’ve heard about all the benefits that come with it. Users explain how it can increase hydration, flush toxins, and manage blood sugar. There are so many options available in today’s market. Different vessels cater to all kinds of needs, whether you need an on-the-go hydration solution or an insulated container to keep your drinks cold for extended periods. That’s all great to hear, but you may be wondering “What is quantum water?” and what are the specific advantages of a quantum water bottle over any other drinking vessel?

Quantum water results from water passing through a process that infuses it with beneficial electrolytes. When we consume this water, it enters our bloodstream, where it can provide us with essential hydration for our entire body. Here are five advantages of buying a quantum water bottle:

1. It Can Reduce Inflammation In The Body

When it comes to health, we want to avoid inflammation at all costs. Many diseases, such as cancer and heart disease, are caused or worsened by excessive inflammation in the body. As we age, our bodies naturally produce more inflammatory agents. While this is a natural part of the aging process, we can protect ourselves by reducing the number of inflammatory agents in our system. 

2. It Can Fight Free-Radical Damage

Quantum water can also fight free-radical damage by strengthening your immune system. The nature of this “molecular water” creates a superoxide radical, a powerful antioxidant, making it a powerful agent for fighting free radicals. While this isn’t the only way a quantum water bottle can help protect your body from free radical damage, it is one of the most significant advantages of this product. When exposed to harmful toxins, such as pesticides and chemical agents, which many of us are, they can cause damage to your body. Free radicals are the by-product of this damage and can lead to illness, aging, and death.

3. It’s Good For Your Skin And Hair

Many of us drink water to stay healthy and hydrated, but did you know that drinking water can also keep your skin and hair healthy? Water is essential for preventing premature aging, which is why we recommend drinking enough of it every day. Your skin can become dry, dull, and irritated when you don’t drink enough water. When you’re dehydrated, your body naturally pulls moisture from your skin. It pushes it towards your organs, leaving your skin feeling dry, so staying hydrated is essential. Water also helps your hair follicles retain moisture, preventing hair loss. When dehydrated, your body naturally pulls water away from your hair, making it look thin and brittle. Drinking enough water can reduce hair loss and prevent hair from breaking, which can later help delay severe hair loss.

4. It Can Help With Weight Loss

When you drink enough water, you naturally flush out toxins from your body, which can help with weight loss. When your body is healthy, it can adequately metabolize and process nutrients, which can help with weight loss. When your body is less toxic, it can focus more on burning fat rather than just trying to remove the toxins from your body, which can help speed up the weight loss process.

5. Help In Digestion

The unique water from drinking quantum water has been found to help digestion. Many people with digestive issues such as irritable bowel syndrome and Crohn’s disease have found that drinking water with ions has helped them with their health issues. It has been found that the water has a neutral pH level which is very beneficial in digestion. It can also help with any stomach pain.

Conclusion

When it comes to your health, you should always be aware of the dangers of consuming toxins. Luckily, with a quantum water bottle, you can protect yourself from harmful toxins while enjoying the many health benefits of drinking more water.

Blog Posted In Tech

Transcription for Academic Purposes: The Complete Guide


By | source: Aug 22nd, 2022

Transcription for academic purposes can seem daunting, but with the right tools and techniques, it can be a breeze. In this guide, we will walk you through everything you need to know about transcriptions for school projects, research, and beyond. 

We’ll start with the basics of what transcription is and how it’s used, then move on to specific tips and tricks for getting the most out of your transcripts. By following our guide, you’ll be able to transcribe any document with ease!Read More

Blog Posted In Education, Lifestyle

Things You Should Know Before Signing a Prenup (2022)


By | source: Aug 19th, 2022

Despite being frowned upon and viewed negatively in society, a prenup is actually a useful and legitimate contract that clearly sets out what happens in case of the death of one spouse or separation of a married couple. 

Though it is still not the best topic to talk about before marriage, you would be wise to raise the subject. But there are things that you should know before signing a prenup and that is exactly what this article will educate you about. Read More

Blog Posted In Health, Lifestyle, Recreation

Top 8 Safety Tips to Follow When Riding a Bike on a Busy Road


By | source: Aug 9th, 2022

Cycling is a wonderful activity with many advantages. Most cyclists enjoy being outside, getting some workout, and taking in the view. On the contrary, cycling on the road can be risky. In the case of a crash with a motor vehicle, you are more likely to sustain injuries if you are a cyclist. When cycling on roadways, it’s crucial to abide by some fundamental safety precautions to keep yourself safe.Read More