So why have I chosen to review Pigzbe? What originally attracted me to Pigzbe is their vision and target market. I personally am not aware of any other project which targets children and families, at all, especially in such a way that can provide education about finances and cryptocurrency through a fun, engaging, and incredibly useful means. Pigzbe’s solution successfully and effectively connects the digital crypto space to the real-world, specifically in the family home. This is HUGE for mainstream crypto adoption, which is very exciting in its own right.
So what is Pigzbe?
Pigzbe is a part physical, part digital cold storage piggy-wallet for children, which will not only serve as a wallet, but will also have educational games integrated.
IDEA
The idea is unique and could help bring mass adoption of cryptocurrency, since it also targets children, not only adults, but in a fun and educational way, which I think is great. A cold storage wallet is also needed in the cryptocurrency space, with a lot of hacks happening every day, so this is definitely a great concept.
TOKEN METRICS
The hard cap is pretty high, considering the current market conditions, but I can understand the need of raising that much capital, since they have a lot of good stuff planned on the roadmap. 70% of the tokens are sold during the token sale, which increases the decentralization factor of the token. Biggest bonus during pre-sale was 50%, which is not great for ICO investors, but the amount of tokens sold during pre-sale was not that high, so I guess it is ok.
ROADMAP
The roadmap is long term orientated and full of releases, which could lead to a good development of the project. The beta version of the app will be released before the ICO in June/2018, and starting from 2019 they aim to expand global
TEAM
The team is quite big and has great experience in huge companies like Apple, Google and Primo and cover all areas required for it to succeed, with their advisors also being top class. This is a huge plus for the project and I can definitely see them achieving their goals.
PROTOTYPE
The beta version of the app will be ready in June/2018, so by the time the ICO ends they will have a working prototype. The app will be released for mobile together with the first version of the educational game.
TOKEN UTILITY
Wollo (WLO) is a utility token built on the Stellar Lumen (XLM) network. The Pigzbe network’s is built around the WLO token, which will be used to enable the saving and playing experience within the app, but also as a mean of exchange between parents and children.
COMPETITION
There is big competition in the cryptocurrency wallets space, with the likes of Ethos or Ledger Nano S being currently in a market leading position, but what Pigzbe proposes is something different as it offers cold storage but also an app with educational games, which is unique in this space.
Overall conclusion
Pigzbe is a great project for mass adoption of cryptocurrency, as it also introduces children to this space through games in a fun and educational way. Their team is all star and they will have a working product soon, which I think will create a lot oaround the project.
Author - phatpharm20
Alpha Bounty0x username - phatpharm20
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