Pigzby, the Piggy-Wallet that will put Piggy-Banks on the Blockchain and more!

Matthew Ozoroski
Sep 7, 2018 · 3 min read
Image result for pigzbe

Any big retail store always has piggy banks in stock. They’re a popular item amongst children and give them their first experience when it comes to savings.

The piggy bank is not connected to the digital world. Banks are becoming more and more speculative in value due to the new disruptive blockchain technology. Financial education will need to be reevaluated and piggy banks are certainly outdated in the digital world.

Meet Pigzby

Pigzby is the Piggy-Wallet of the new blockchain era. They’re a startup with a vision for educating children and their families about the revolutionary financial systems built on blockchain technology.

Pigzby is a small digital handheld device that will serve as a cold storage for Wollo (WLO), as well as a tool used to explore the app through fun and engaging ways.

The Problems

Believe it or not, there are many different types of digital piggy banks. Some are very basic, while others are very advanced. For example, some count the number of coins or the value of fiat you put into them. While others only allow digital transfer of fiat and can be purchased through banks or start-ups.

These digital piggy banks lack in many areas. Fees can be ridiculously high for transferring fiat into the digital piggy bank. This makes microtransactions impossible, especially for children.

Another serious problem is the fact that they do not cater towards globalization. Some do not even have access to these digital piggy banks around the world.

These digital piggy banks do not have much functionality passed your average piggy bank. They can teach your children as much about economics as your dog. The children will not even know the power of blockchain technology and the future of digital money.

The Solutions

Pigzbe, the digital Piggy-Wallet will be children’s real financial assistant in educating them on the principles of modern economics. Pigzbe will be the kid’s first introduction to cryptocurrency. By using a family-friendly cryptocurrency called, Wollo (WLO), children can safely learn in a fun environment.

By using a decentralized cryptocurrency to power the Pigzbe app, Pigzbe can be used globally without limits.

Children learn basic economics through microtransactions. These microtransactions can be carried out through Wollo (WLO) built on the Ethereum blockchain for a fraction of a cent. Kids are often given allowances or other small amounts that are usually saved up. All transactions that use Wollo (WLO) settled in 3 to 6 seconds and allow for children to be rewarded instantly.

Through a fun and engaging app, in combination with the Pigzby handheld device, learning about the world of programmable money and cryptocurrencies couldn’t be easier. Pigzby may be providing one of the best access points to cryptocurrencies for children and their families.

The Benefits of Owning Pigzby

Not only does owning Pigzby give access to learning about cryptocurrencies through games, but it also serves as a cold storage to keep Wollo (WLO) safe.

Users who own the Pigzby device will have access to educational games which will reward users from the active user incentive pool. This pool of tokens will be distributed to users who are actively using Pigzby. The more active users are, the more they can earn. This will last for at least 500 weeks after the ICO Pigzby distribution ends.

Users can earn more Wollo (WLO) by inviting other people to the Pigzby Network. Users can invite family and friends to their own circle, in which they can send Wollo (WLO) in microtransactions. Or, users can give their unique discount codes to others who are interested in purchasing Pigzby.

How do you get one of the first Pigzbys?

A pink Pigzby will be sent to anyone who purchased at least 5000 Wollo (WLO) ($600) tokens in the ICO. The pink Pigzby is worth $100 at retail value.

A pink and black Pigzby will be sent to anyone who purchased at least 10,000 Wollo (WLO) ($1,200) tokens in the ICO. The pink and black Pigzby are worth a total of $225 at retail value.

Learn more about Pigzby

Website, Whitepaper, Telegram, Twitter, Facebook, Medium, YouTube, Reddit

Want to earn Free cryptocurrencies? Learn more: bountyhive.io/r/matthewoz

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