Introduction
Growing up as a kid, I learnt the act of financial prudence through Piggy bank initiative. I was always baffled by the amount of money I have saved each time I break the Piggy bank. I believe this is not only my experience but also what others experienced too.
As things are changing in the world, some people took the initiative of converting the manual system of piggy bank operation into digital piggy bank. This attracted so many people as it solve the problem of the the manual piggy bank been stolen or get damaged in case of flooding or fire accident. Nevertheless the system also has it's short comings and limitations
Problems of current digital piggy banks
High Transfer fees
It is expensive to maintain digital piggy bank for children through the existing banking system because of the high transfer fees. There are times that you have some money to transfer to your child piggy account but when you consider the amount that would be deducted as transfer fee, you get discouraged. This is a big limitation.
Poor execution
Another discouraging factor about operating the current digital piggy bank account for children is the time taken to execute your plans for the money. Sometimes it takes up to 72 hours to get done with the process of withdrawal. This could be so frustrating and has made many people gone back into the old system of manual piggy banks.
Geographical limitation
The world is now a global village, so, family have gone beyond geographical boarders. With the scope of the current digital piggy bank, those are outside the our regions are excluded from being beneficiaries to this initiative. This poses a limitation also.
The Solution!
There is a platform that has come with viable solution to the problem of the existing digital piggy banks coupled great innovation that makes financial education interesting to the children as they have fun as their future is getting good insurance. The platform is called Pigzbe.
WHAT IS PIGZBE?
Pigzbe is a part physical, part digital piggy-wallet for children, powered by Wollo, a family-friendly cryptocurrency.
Features of Pigzbe
Cost reduction
With the initiative of Wollo which is the token that Pigzbe is powered by, there is a great reduction in the transfer cost compared to what is obtained in the current digital piggy bank operations. The reduced transfer cost will make it possible to send small sum of money to children. With Pigzbe, there is no more worries of huge transfer cost.
Transaction beyond boarders
With Pigzbe, family members who are outside the shores of our geographical location could be reached without any hindrance or limitation. As a matter of fact, Pigzbe will be operational in more than 180 countries of the world. That's huge!
Fast and easy transaction
With Pigzbe, money could be transfered within 3-6 seconds. This is a great relief compared to what is obtained in the current digital piggy banks operations where long time is spent on transactions.
Safe and secured
Pigzbe is built on the blockchain technology which makes it very safe and secured from intruders. You could be rest assured that the Wollo is kept secure in the wallet of your children and wards
Fun and educative
Pigzbe being a wallet app for parents and also educational games for children which will teach them many things. It should be noted that Pigzbe is a piggy wallet and not a piggy bank.
My Review
Considering the innovation of Pigzbe and how it has proffer viable solutions to the real problems encountered with the current digital piggy bank, I will recommend this project for you to take part in the ICO and you will not regret doing so.
Sales Information
Public Sale : June 2018
Token. : Wollo
Total Token Supply : 675,000,000
ICO price: 1 Wollo = $0.12
Accepted : ETH
For more information
Website : https://pigzbe.com
Whitepaper : https://pigzbe.com/pdf/pigzbe_whitepaper.pdf
Telegram : https://t.me/pigzbeico
Bounty0x Username : Kayj