Educating Children About Cryptocurrency and Savings
For the most people the world of crypto is still frightening and could be quite complex, though there’s a great potential have to be understood such as trustless services or decentralization.
There are bunch of sources of enlightening for adults but not much for the new, young generation – children. Without a doubt they will grow up in a world surrounded by cryptocurrencies and blockchain technology and various possible scenarios regarding whole financial system.
It is important to educate children about saving in cashless society
Traditional piggy banks used to be great, but they are going out of the scope as technology steps further. Project Pigzbe modernizes old fashioned education for saving money in cryptocurrency style. Pigzbe is a London-based fintech company that enables micro-financing for families worldwide by giving parents and children access to products and services that accelerate financial literacy.
Pigzbe is willing to provide a part physical, part digital wallet for children from age 6 and older. It will help them learn about financing using very first crypto currency for children – Wollo (WLO).
How Pigzbe wallet looks like:
This token is designed to replace physical coins which ones are normally kept in physical piggy banks, with digital alternative that is fast, borderless and free.
How this will work ?
The digital wallet is an app mixed up with the game, this allows to teach kids of principles of modern money in playful and safe background about exchanging, saving and spending.
The physical wallet is cold storage and a “controller” helping to interact with the application. Parents will also have their own “controller”, which will let them to do transactions for their children, check where, when and how much money was spent. This will help control the overall funds. Kids get pink wallet and parents are going to be provided with black ones.
Pigzbe founders about project:
Team plans to release physical card to expand spending possibilities in real world using high variety of other currencies.
A very creative and playful way to teach children about basics of modern finance from early days.
Join discussions on their Telegram https://t.me/pigzbeICO
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