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PiggyCoin Roadtest by CryptoMum

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This week I’ve been roadtesting a new cryptocurrency called PiggyCoin, a walled garden approach to teaching kids about cryptocurrency use.

I had originally had difficulty with the zip download for windows, but the good folks from their twitter account (@piggycoin) sorted me out with an alternate download. Their twitter is worth adding since they announce things like updates and are pretty active in general.

It is a two part system: a wallet to download (windows, mac or linux) and the website. As long as you have your wallet address written down exactly, kids could theoretically earn coins from anywhere. It is even easier at home:  one click to copy the address directly will get it right each time.

I sat beside my son so he could see what I was doing. The colourful site drew his attention. No easy task as he was busy watching t.v. and playing a game on my phone simultaneously. I tried to lure him in with an initial description on how he could earn money by answering a question. “You earn it in special coins,” I said, “Piggycoins!”

The word coin got him – he’s always looking to earn a coin or two for doing jobs. We had a go at the Piggy Facts question. Interestingly they use a picture based captcha which I really liked. It’s easier for the kiddo to correctly adjust a picture rather than the traditional text based captcha.

This turned into a trip to wikipedia to explain what a captcha is leading to a very philosophical discussion with the boy about the differences between people and robots. Turns out people have hearts! At this point a pop up told us that his 15 piggycoins had been deposited. He was delighted.

Then we tried the other item on the games page: a flappy bird clone, Flying Piggy. I lost my laptop at this point. Kiddo was totally sold on it, being a big flappy birds fan. We both remain scoreless though, so settle in -it’s addictive and hard!

I think a lot of parents are wanting their kids to grow up using computers in a way that is effortless. As such, schools are including things like word processing, digital photography and programming. One thing that we aren’t seeing taught is digital currency. Too often the first time kids get to know about digital money is  because they’ve bought a lot of in-game stuff from apps and they get a stern talking to about how it costs real money.

Cryptocurrency is going to be out there in their future, so I want them to understand how to use it and know intrinsically that it is real money, just made spendable online. Getting the point across that ‘intangible doesn’t mean imaginary’ doesn’t have to be the result of a mistake or a punishment situation. It can be a positive, fun experience. PiggyCoin neatly facilitates this in a way that is very easy to use, with a website that offers plenty of help and activities.

The site has a spending page which is currently under construction. I can’t wait to show my son how easy it can be to spend the money he’s earnt, but for now it’s a lesson in saving. F.Y.I. Piggycoin is also listed on poloniexswisscextcx.lanxt-eBTC-CC and coin-swap exchanges so parents can buy more PIG to reward chores or deposit pocket money into their kid’s wallet.

Overall I was very impressed with PiggyCoin. It really hit the mark in terms of being an educational and fun activity to teach kids about the use of cryptocurrency. It is still very new though, so the interesting thing will be seeing what other games are added and what will be on sale in the shop.

Piggycoin’s Founder Interview in CoinJoint.info

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As a parent who is involved in the cryptocurrency scene myself, Piggycoin is something I’ve been watching. They aim to become an introductory coin for the younger ones out there — who might one day be using cryptocurrency as part of their daily routine. I spoke with João, who is the founder of Piggycoin, to find out more about what they’re doing. 

Could you start by telling us a little about the coin and its specs?

Our team likes to describe Piggycoin as the “Bitcoin for Kids”, I like to go further though, I believe we are the coin for kids and everyone who isn’t a kid anymore but wants to get into crypto in a funny and simple way.

Piggycoin will have 2.1 billions coins. There are currently 4000 coins in each block, in +- 8 years the block rewards will be only 10 coins/block, we are also using KGW.

What’s your overall aim for this coin?

Our overall aim for this coin is getting children involved and interested in the emerging world of cryptocurrencies, I started this because I strongly believe that crypto will take over the current fiat currencies that dominate our world and education is a fundamental tool in the process.

Do you expect it to become a coin that people use all the time? Or are you poising Piggy Coin as a stepping stone to the other cryptocurrencies?

This is a great question and something I’ve thought a lot about.

The reached conclusion was that Piggycoin is, without a doubt, the necessary first involvement in the cryptoworld. Children will be able to use it in their favourite websites and parents will be able to give their kids rewards in PIG. As you grow older you would start to disconnect from the piggy cartoonish world and start to get into Bitcoin/altcoins with the basic knowledge of how they work and how you can use them.”



You can read the full interview here.

A Whole Lot More From Piggycoin

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So, there have been some pretty exciting ideas being floated around for the future of Piggycoin recently. For one, the dev team have just launched the new website, and with its easy-read guides – introducing children to the world of cryptocurrency – I think it has built a solid foundation for future development. Not only is the newly-fashioned website deeply informative, but also draws heavily on the playful nature of ‘PiggyVille’; a similar concept to that of Club Penguin and Neopets, which I think will do wonders for the coin. What I personally find the most appealing from the new website is the Flying Piggy game, resemblant of the popular ‘Flappy Bird’ game that dominated iPhones and iPads from its release. There is also the possibility of a weekly ranking system being introduced for the game, allowing the highest scores of the week to earn Piggycoins for their endeavours. Seriously, who wouldn’t want to earn coins for playing highly-addictive games? There is a lot more to look forward to from Piggycoin, as the website is constantly being developed, and the educative faucet is already running smoothly as part of the PiggyTeach initiative.

Moving away from just the website, there is even greater excitement to be found from the ideas being established on the bitcointalk thread for the coin. A huge problem, not only in the cryptocurrency world but the world in general, is that of greed. Being a currency aimed mainly towards children, Piggycoin has had its sights set on drifting away from the overwhelming sense of greed apparent in the altcoin realm, and so, is looking to partner with orphanages and children’s charities in an attempt to raise awareness for neglected and underprivileged children. This would also help with raising awareness for the bright future of cryptocurrencies, whilst fulfilling the desire of the dev team to allow kids from all backgrounds to get involved in Piggycoin. It seems as though plans are also being made for Piggycoin to set up its own charitable children’s foundation some time in the future, which could be a huge, favourable step towards introducing crypto to the rest of the world.

I am very intrigued to see where the future of Piggycoin lies, with so many fascinating possibilities awaiting ‘The Children’s Bitcoin’.

Testing the Waters

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Piggycoin. Where do I start? I guess I stumbled into this farm-favourite cryptocurrency through browsing some altcoin forums – and having been through tonnes of different coins which did not stand out one bit, I came across Piggycoin, and was instantly hooked. It appealed to the not only the crypto-addict within me, but also brought back feelings of nostalgia from when I was a young child and received loose change to save in my own piggybank. The branding is one-of-a-kind with Piggycoin; there’s nothing that quite garners attention more than children, and the concept of being a currency that educates people of all ages, in an entertaining and enjoyable manner, stuck with me.
You little PiggyPals are going to have it so great when you get involved with this coin. I mean, if I can have fun with it as a student, then you definitely can as a child, and even as a parent who will get to see your child develop as they learn.
To me, there’s not much that is greater than being able to help to teach children core values, which is another thing that really gravitated me towards Piggycoin. It stands for everything I stand for. Nurturing creativity and a child’s imagination; Disregarding prejudice and discrimination; Building a community around the human acts of kindness and friendship.
When the extremely determined development team asked me to come on board to write for Piggycoin, I jumped at the chance, and I cannot wait to see the Piggycoin project progress.