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Create BEP20 Reward Tokens on Binance Smart Chain

By On 11/01/2022

 

 



 

What exactly is a reward token?

A reward token incentivizes users by rewarding them for completing various tasks. The most common example of this type of activity is HODL, in which users are rewarded simply for holding tokens. It works by collecting a fee equal to a percentage of the tokens transferred for each transaction.

The collected tokens are then used to distribute rewards to existing holders. Your token or another popular cryptocurrency, such as BUSD or DOGE, can be used to receive the rewards.

 

What are the different kinds of reward tokens?

Reflection tokens are the most commonly created reward tokens. In this mechanism, the collected tokens are distributed as a reward. Users receive more tokens over time simply by HODLing the tokens. This is well-liked for a variety of reasons. To begin with, it is extremely efficient because it employs a technique known as reflection. Reflection, to keep things simple, does not require explicit distribution of reward tokens; instead, it updates the user's balance based on their current holdings, saving a massive amount of transaction gas. Furthermore, because you are distributing your own tokens, you avoid the need to sell tokens in order to acquire BUSD or other tokens, which can cause your token's value to fall.

 

Another type of reward token known as a "baby" token, such as babyDOGE or babyBUSD, has recently gained popularity. These tokens payout in DOGE or BUSD to their holders. While they require more gas and token exchanges to obtain BUSD/DOGE, they are extremely appealing to investors.

 

How does one go about making one?

 

Self-programming is one method for creating such a token. Reflection and baby reward tokens are both quite complicated. A significant investment is required to learn blockchain programming, create, and test such tokens. Even after that, there is a chance that bugs in your token will exist, allowing for potential hacker exploits.

 

However, there is now a much easier way, which makes use of the incredible no-code platform Unicarve. Unicarve BEP20 token generator allows you to generate BEP20 tokens that support modern tokenomics features like reflection or rewards in BUSD or any other token, liquidity generation, marketing and charity wallets, and hyper-deflationary buyback. It not only allows tokens to be created on Binance Smart Chain using modern controls, but it is also extremely simple to use and one of the most affordable token generation platforms available.



 

How to create baby reward tokens on Binance Smart Chain?

By On 01/01/2022

 

 



 

What exactly is a reward token?

 

A reward token incentivizes users by rewarding them for completing various tasks. The most common example of this type of activity is HODL, in which users are rewarded simply for holding tokens. It works by collecting a fee equal to a percentage of the tokens transferred for each transaction.

The collected tokens are then used to distribute rewards to existing holders. Your token or another popular cryptocurrency, such as BUSD or DOGE, can be used to receive the rewards.

 

What are the different kinds of reward tokens?

 

Reflection tokens are the most commonly created reward tokens. In this mechanism, the collected tokens are distributed as a reward. Users receive more tokens over time simply by HODLing the tokens. This is well-liked for a variety of reasons. To begin with, it is extremely efficient because it employs a technique known as reflection. Reflection, to keep things simple, does not require explicit distribution of reward tokens; instead, it updates the user's balance based on their current holdings, saving a massive amount of transaction gas. Furthermore, because you are distributing your own tokens, you avoid the need to sell tokens in order to acquire BUSD or other tokens, which can cause your token's value to fall.

Another type of reward token known as a "baby" token, such as babyDOGE or babyBUSD, has recently gained popularity. These tokens payout in DOGE or BUSD to their holders. While they require more gas and token exchanges to obtain BUSD/DOGE, they are extremely appealing to investors.

 

How does one go about making one?

 

Self-programming is one method for creating such a token. Reflection and baby reward tokens are both quite complicated. A significant investment is required to learn blockchain programming, create, and test such tokens. Even after that, there is a chance that bugs in your token will exist, allowing for potential hacker exploits.

 

However, there is now a much easier way, which makes use of the incredible no-code platform Unicarve. Unicarve BEP20 token generator allows you to create BEP20 tokens that support modern tokenomics features like reflection or rewards in BUSD or any other token, liquidity generation, marketing and charity wallets, and hyper-deflationary buyback. It not only allows tokens to be created on Binance Smart Chain using modern controls, but it is also extremely simple to use and one of the most affordable token generation platforms available.



 

Is Donating Timeshares a Good Way to Get Rid of Them?

By On 26/12/2021

If you have owned a timeshare for any amount of time, you’re familiar with the ever-rising costs. Maybe you were OK with the annual maintenance fees, special assessments, and arcane rules at the beginning. But now your needs have changed, and you just want to be rid of the burden of your timeshare. There are a lot of ways to do that, but not all of them are equal.

One method that some companies have been aggressively advertising is donating your timeshare to charity. This can take a variety of forms, from a direct donation to a company that could use the accommodation to a company that will sell the unit and give the proceeds to the cause of your choice.

This option can sound attractive. In theory, it can get you out from under escalating fees and costs. Donation companies also advertise the ability to get a nice income tax deduction from the IRS when you file your taxes the next year. Donating timeshares, however, is not as easy as it sounds. Nor is the tax benefit, if it’s even available, as large as you probably hope it is. 

In this article, we will look at the reality of donating timeshares and how the process really works. We’ll also turn a critical eye to that deduction on your tax return. Just how big is it, really? How much trouble is it to claim? Finally, we’ll look at other legal, ethical options for exiting your timeshare that are preferable to donation.

The Process of  Donating timeshares
donating timeshares: Woman watching an elderly woman sign a document
The United States government, through the IRS, encourages charitable donations by taxpayers by subsidizing those donations using money that would otherwise be collected as federal income tax. The thinking goes that if you are going to donate something of value to a charity, the value of that donation can be subtracted from your taxable income that year.

Donations are typically made to 501(c)(3) charitable organizations. These are companies that are designated under tax law as non-profit organizations that are exempt from paying federal income taxes. These include churches, other religious organizations, and private foundations.

This process is easy to understand for many of the goods and property we donate to charity. If you donate 10 shirts to charity, with each valued at $2, then the total amount of your charitable donation is $20. The same idea applies to more complicated donations, like houses. In order to tell what the value of real property is, though, an appraisal is usually needed.

Timeshare property interests are even more complicated in terms of valuations. First, they are fractional ownership rather than traditional real estate, so their value is both less than full ownership and more complicated to determine. 

Second, timeshare ownership comes with annual maintenance fees and other obligations. Because it’s unlikely that the donor (you) wants to keep paying those costs after the donation, you will be passing them on to the 501(c)(3) organization that you want to help. This continued cost means you may even be costing the charity money with your donation! 

Also, keep in mind that timeshare donation companies typically aren’t working for free. They may charge you processing, recording, or transfer fees that could cost you thousands of dollars. They’ll likely tell you that this cost will be offset by the tax deduction you will receive. A realistic examination of the tax deduction process, though, will show this to be unlikely.

So, let’s look at what a timeshare donation may actually get you in terms of a tax deduction.

Is Capital Resorts the Worst Timeshare Company?

By On 14/11/2021

It’s no secret that most timeshare owners are not happy with their purchase. This is probably because timeshares just aren’t great ways to schedule or use your vacation time. Even if you could get the exact time you want with that perfect ocean view, you’ll also have to contend with constant maintenance fees and assessments, and you probably won’t be able to sell it.

You might be surprised to learn that, although Timeshare exit strategy are usually a pretty bad vacation experience for everybody, there are actually timeshare companies that are worse than others. Companies that are so bad nearly every review submitted about them makes negative comments about their products or their honesty. In a nutshell, these are the worst of the worst.

 

One company that has been consistently trashed in its reviews is Capital Resorts Group, also known as Capital Vacations, LLC, or Capital Vacations Club. With a variety of resorts from Kennebunk, Maine, through Pigeon Forge, Tennessee, Branson, Missouri, and all the way down to the Grand Cayman Islands, Capital Resorts maintains a wide variety of resorts around the East Coast.

 

Though it initially appears to have a very high Better Business Bureau (BBB) rating, even a quick perusal of over 100 customer reviews shows a dismal rating of 1.36 out of 5 stars. Even Yelp, which has fewer reviews, posts a similar 1-out-of-5-star rating.

 

So, what’s the story? If your next vacation is in a unit at a waterside resort, complete with air conditioning, Wi-Fi, and a hot tub, can it be that bad? We’ve taken a look at various customer reviews and synthesized the top five complaints that Capital Resorts customers seem to have with the company. Take a look at them below and decide for yourself.

 

Problem #1: Constant and Pushy Sales Presentations
Capital Resorts: person signing a contract
One feature that seems universally shared by all timeshare companies is aggressive and overly long sales presentations. Capital Resorts certainly has its share of these. When Capital Resorts responds to negative reviews and complaints, it’s very quick to point out that no is obligated to buy at these presentations. One wonders why they feel they have to say that.

 

Complaints about long sales presentations are further met with the explanation that, if a person is thinking about a purchase, the presentation may go longer than 90 minutes. What is not explained by Capital Resorts is how they tell the difference between presentees that are considering and those that are not considering.

 

There have also been reports of presentations and attempts to get even existing customers to “upgrade” their contracts after check in at a resort. Sometimes, this can even happen when a customer comes in with a complaint.

 

No matter what the product, if you have a problem, an ethical company will do its best to resolve that problem before anything else. The company should not try to sell you another product, and it certainly should not imply that buying something else may help you get rid of your original problem. In cases like this, you should definitely run the other way.

 

Problem #2: Misrepresentations Made by Salespeople
Capital Resorts: magnifying glass
Another issue frequently mentioned in connection with Capital Vacations Club sales presentations is untrue statements made to customers. These include statements about the poor condition of resorts. (In other words,”The resort that I got looked nothing like the one in the brochure!” or “You showed me a much nicer unit when we went on a tour!”)

 

Exchanges and points are often a problem as well. For example, let’s say that you have a home resort in North Myrtle Beach or Hilton Head Island, South Carolina, and you want to spend some time at a resort in Kissimmee, Florida, or the Virgin Islands. You will probably be in for a surprise: The points you have may not even be sufficient for a weekend at one of those other properties.

 

Another major problem that keeps arising is misrepresentations about the amount of annual maintenance fees. In reviews and complaints, owners have expressed surprise that their fees increased from year to year (often well over $1,000 USD). Many say they weren’t prepared for this possibility by salespeople.

 

For its part, Capital Resorts has responded by pointing to the timeshare contracts and by arguing that the contracts prevent owners from relying on oral statements made in presentations. While they are correct that the contracts say that and that these sorts of provisions (known as integration clauses) are common, that is not a reassuring public stance from one’s timeshare company.

 

Problem #3: You Can’t Schedule Your Vacation
Busy calendar with pins
Part of the deal of vacation ownership is supposed to be that you own a piece of your favorite vacation spot. Whether that piece is a week at your favorite resort or a certain number of points that you have come to rely on, you should be able to get what you paid for and schedule your vacation with less hassle and worry than you would otherwise, right?

 

Unfortunately, many customers of Capital Resorts don’t seem to feel that way. There are reports of frustration among customers who have tried unsuccessfully to schedule their vacations for weeks, or even months. They find themselves unable to use the owners’ website and have constant trouble reaching a live person to speak with at Capital Resorts.

 

Timeshares are already expensive and difficult to get rid of. If you also have to suffer through a customer service headache every time you want to schedule a vacation, there doesn’t seem to be much advantage to vacation ownership.

 

Problem #4: Unhelpful/Unprofessional Staff
Angry man pointing to a contract
Another common problem with Capital Resorts is that owners have trouble getting in contact with them — or at least, with a real person that can give them answers. Some owners, unable to make reservations or an exchange for their vacation, have been left to their own resources without talking to an actual person for weeks.

 

Others, some with serious problems, have finally managed to secure in-person meetings with Capital Resorts staff, only to have them be dismissive, rude, or generally unhelpful. 

 

A notable exception to this rule, however, was noted when there was a possibility that the owner might purchase more timeshare points from the company. It should go without saying, though, that good service should not be contingent upon the fact that you are planning on buying more products from the company that is giving you problems.

 

Problem #5: Capital Resorts Won’t Let You Use Its “Exit Program”
Eventually, most people regret their timeshare purchases and they want out. All kinds of timeshare companies, from Marriott to Wyndham, understand this and try to offer some halfhearted assurances that unhappy owners can leave. These “exit programs” are famously difficult to use, when owners can even get them to work at all.

 

And public information about Capital Resorts’ exit program may give you even more cause to be wary. In response to reviews and complaints, Capital Resorts is usually careful to qualify its statements by saying that a successful exit is contingent upon an owner meeting all their financial obligations. 

 

The exact nature of those obligations, though, is vague. And if a timeshare owner is having a conflict with the company about other issues, it is likely there will be a disagreement about whether financial obligations have been met as well. 

Ccan i drive electric skateboard in bike lanes?

By On 19/10/2021

 

Most people know what a skateboard is actually and what they are great for. They are a fun, quickly and effective method to get from issue A to point B. A number of folks use skateboards for transportation in just short distances. But as bicycles as well as bike lanes start to be much more widespread every season, many folks wonder, can power skateboards go on bicycle lanes? Let us check out...

 

Electric Transportation and Skateboards It's beneficial to find out whether skateboards are a practical means of transportation or perhaps not. To handle that, we are going to aim at getting the ultimate solution to the question of operating skateboards on bicycle lanes. It's obvious, skateboards are extremely helpful for transportation.

 

For short ranges, skateboards are usually quicker than a car or a bus and easier than a motorcycle. They're ideal for short distances, under six miles - particularly if the climate is actually good.

 

With electric skateboards, rates of speed achieve fifteen mph and twenty mph. A recent study believed that 0.14 % of daily excursions in California were created on skateboards. The number might seem little until you recall the number of folks live in California. Essentially, which means much more than 50 million miles are actually travelled - every season - over a skateboard. That is much more than 2000 occasions the circumference on the Earth.

Teamgee behemoth electric skateboard 4 hero
 

Skateboards Say Yes; Authorities Say No

Skateboards have found to be a good way to get around. But several city policy makers do not notice it in that way. Some authorities have transferred legislation absolutely prohibiting driving skateboards on motorcycle lanes, sidewalks, company districts as well as streets. These laws are actually likely based on bad perceptions which have plagued skateboarding for years. In many countries, skateboarders aren't permitted to make use of bike lanes. Several cities likewise restrict electrical skateboard usage place to private property just.

 

Even in locations where skateboards have been found to be very good for transportation, policy creators have had worries about public policy.

 

In most U.S. states, there are actually stiff laws which prohibit skateboard travelers from utilizing bicycle lanes or perhaps perhaps sidewalks (pavements).

 

But there are regulations that are different for various cities. You are urged to go along with the exact same recommendation we gave in Actually are Electric Scooters Legal? and get in touch with any nearby DMV/BMV for a definitive solution. The city of yours may ban energy skateboards on bike lanes within the city, though a college campus may well allow them.

 

The Wild West?

If the state of yours or even local jurisdiction doesn't have laws regarding electrical skateboards, does that necessarily mean you are able to use them anywhere you want? Most likely not.

 

Legislation within the U.S. is usually considered a marathon, not really a sprint. Technology might advance way too rapidly for a lot of lawmakers to keep speed. Several cities and states may just ignore different and emerging know-how, preferring to respond to problems after they arise, instead of proactively addressing possibility concerns.

 

And due to the extremely dynamics belonging to the United States, you may have a state law which contradicts a city 's ordinance. Or maybe a city law may further limit a lax status law. It has been the situation with the eRideable market as a full.

 

Laws change all of the time. For example, California's ban on electric skateboards on community roadways stemmed through the obnoxious, gas powered motors employed by those devices.

 

In comparison, Washington state law particularly tackles energy scooters. They reference them as' motorized feet scooters.' Meanwhile, electrical skateboards stay undefined by express law. Based on Washington state law, in case you are on a car which is actually a human powered automobile - apart from bicycles - then you're currently regarded as a pedestrian. And pedestrians can't make use of the bike lane. This restriction is true to kick skateboards and scooters.



 

The lack of a committed direct drive electric skateboard law does not mean you are able to do anything you want. When there is no law leading area law enforcement agencies, they can easily use the discretion of theirs. Several police officers might see the absence of a committed law to mean an absence of legality for electric powered skateboards. Various other officers in the same community may use the city 's energy scooter laws to energy skateboards. As with previous tips, you need to contact local police agencies, express departments of local departments and motor vehicles of transportation workplaces about where electrical skateboards are actually - and are not - allowed.

 

It's possible to Enjoy The Ride of yours 

As we've pointed out in this post, skateboards have a good power to function very well in bicycle lanes. Bike lanes offer a smoother ride compared to sidewalks, which may be riddled with interferences, like pedestrians.

 

While operating an electric skateboard inside a bike lane might look like common sense, it may not be authorized. And so, always check with the local government agencies of yours.

 

Even in case your city has limitations against using an electric skateboard within the bike lane, at this time there continue to be plenty ways you are able to appreciate your electric skateboard.

 

Best Liquidity Locker in 2021: Unicrypt vs Unilocker

By On 18/10/2021

 

 

On blockchain networks like Ethereum, Polygon, or Binance Smart Chain (BSC), a new cryptocurrency token is being created every minute. These initial coin offers (ICOs) are largely a sham, operated by fraudulent developers, and the vast majority of them are scams. Rugpull is the most frequent cryptocurrency scam at the present, as scammers are continually coming up with new schemes to defraud consumers. Pulling off this particular scam is in fact very easy. Decentralized exchanges like UniSwap, Quickswap, and PancakeSwap, which let investors buy and sell tokens quickly, require token developers to construct liquidity pools. A new token is introduced by fraudulent crypto developers, who then create a high-value liquidity pool, engage in aggressive marketing, and attract a large number of investors before removing the liquidity pool and leaving buyers with worthless tokens.

The developers give up their withdrawal rights when they move the liquidity pool tokens to a time-lock smart contract. Token developers and investors alike benefit from this feature known as liquidity lock, which allows them to build the legitimacy of a project. Liquidity locking is an idea that has spawned numerous platforms that offer it. Liquidity lockers to watch in 2021 include the following:

Unicrypt

Token and liquidity locking services are provided by Unicrypt Network, a multi-chain platform. It was released in 2020. There are some handy features like progressive locks and ownership transfer on this locker, despite it being an outdated implementation. Over 3000 projects have already adopted Unicrypt locker. Despite this, the biggest drawbacks of the Unicrypt vault are its poor user interface and astronomical prices. Token producers must burn Unicrypt utility tokens in addition to paying the hefty flat price charged by Unicrypt.

Unilocker

Unilocker which supports all major networks: Ethereum, Polygon, and Binance Smart Chain (BSC) is the market's newest entry. Despite its infancy, Unilocker is widely becoming popular.   Liquidity pool tokens can be locked instantly for Uniswap V2, Quickswap (a fork of Uniswap on Polygon) or Pancakeswap (a fork of Uniswap on BSC). This modern liquidity locker provides unarguably the most intuitive interface. Unilocker enables developers to configure their lock period and lock amount using interactive sliders and one-click buttons. The whole locking can be completed within minutes. Once locked, a lock certificate is available to share on social media and with your investors. The management of lock is just as easy as the locking itself, you can unlock, increase lock amount, extend lock period, transfer ownership - using the same intuitive interface. And, all of this is available at an unbelievably low price.

Final Thoughts

Today, new innovative cryptocurrency projects have a lower entry barrier. New investing alternatives have emerged for the general population as a result of this progress. However, On the other hand, the presence of fraudulent developers has dented investor confidence. For today's investors, liquidity locking represents the absolute minimum level of security. Platforms like Unicrypt, which have long been dominant in the liquidity lock provider industry, have been seriously threatened by Unilocker. The feature set, intuitive interface, and affordability of Unilocker make it stand out from the crowd. It's currently the most effective platform for locking down liquidity pool tokens on all the major networks.

 

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emam's website online

By On 11/10/2021

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