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A New Phase of Startups: Crypto For Kids?

Nick Chong · April 15, 2018 · 1:00 am

In a market dominated by adults, children have found it hard to find entry points into the cryptocurrency space. However, companies such as Pigzbe, have genuine power in making sure kids are ready for the future of currency.  

Children and Cryptocurrencies: A Good Mix?

It is undeniable that cryptocurrencies have taken the world’s attention over the past year with many mainstream companies and media companies approaching the topic of cryptocurrencies and blockchain technology.

A common saying which Bitcoin users like to use is “Until my grandma is using Bitcoin, we have not reached widespread adoption.” However, what this saying fails to leave out, is the 2.2 billion children all across the world who have still yet to figure out the appeal and benefits of cryptocurrencies.

If cryptocurrencies are to be adopted for the near future, the children of today will need to figure out how to utilize this amazing new technology. Pigzbe, a new blockchain startup focused on children, hopes to do just that.

What a world: There's a cryptocurrency wallet for kids now https://t.co/DndKYH8CqJ pic.twitter.com/W9YroW7cnL — Motherboard (@motherboard) April 12, 2018

Pigzbe utilizes a kid-friendly cryptocurrency hardware wallet which runs along an interactive app in hopes of attracting kids to the idea of cryptocurrencies and related technologies.

The hardware wallet which they produce, is an attempt to throw the classic concept of the piggy-bank on its head. By using the “Pink Pigzbe”, as the Pigzbe team likes to call it, children can begin to learn basic economic values along with a look at the future of money.

The Pigzbe whitepaper states:

Think of Pigzbe as a tool to support parents in teaching children the principles of earning,  saving and managing money in an exciting and non-threatening way, while providing them with an entry point into the world of cryptocurrencies. <...
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