We frequently hear that the future belongs to children. But if you, as a parent, don't play an important role in the "present" of the child, there's no expectation of a bright future. As a result, providing basic needs for your child shouldn't be the only goal of excellent parenting; it should also involve demystifying difficult concepts about life in general, particularly when it comes to money.
It can be challenging to teach children about money, but the earlier they understand the value of managing their finances, the better their future financial stability. However, the most effective thing you can do to get children ready for the impending decentralization period of blockchain and the evolving world of Web3 is to teach kids about cryptocurrencies.
So, how would you explain the concept of cryptocurrency to your child? How would you break down the complexity of cryptocurrency in its simplest form?
How Would You Explain Crypto To Your Child?
I had a hard time explaining what cryptocurrency is to my 9 years and 11 years kids. Apparently, their interest in the subject got piqued when we had a little family get-together with my older siblings and their families. However, the kids were lost in the moment when everyone was talking about buying, selling, investing, and taking profit from their digital assets.
Although they expressed a desire to learn more about this cutting-edge technology, I could tell from the expressions on their faces that big terms and complex phrases used while describing it left them feeling lost and discouraged. So, in an effort to introduce them to the technology as best I could, I sent them some links to YouTube videos explaining cryptocurrencies for children. But unfortunately, it felt so abstract because there was no practical application of the principle to them.
Using Games To Explain Cryptocurrency
Therefore, I attempted to use an illustration to demonstrate how Bitcoin works. To begin, I described the notion of peer-to-peer using a dollar bill; if I hold a $100 bill and give it to someone, the money is no longer in my hands since it has been transferred to the other person without the need for a third person to authenticate the transaction. Even though the illustration was accepted, it was still abstract to them as they wanted to experience how they could value this digital currency.
However, after realizing that children learn best through pictures and games, I began to look into the best way to teach them using crypto games. At first, I attempted to demonstrate how it works by using the Monopoly board game, in which each participant keeps track of the flow of money within the game by having everyone write down all payments on a sheet of paper and comparing the record every 10-15 minutes to ensure no payment was omitted.
Therefore, I compared the game to cryptocurrency by stating that;
- The payment record on the piece of paper represents a block of information.
- The piece of paper being compared is a network of computers sharing the same transaction records,
- The timeframe is the confirmation of the previous block, and the participants are the peer-to-peer people who do away with the need for a bank or a central authority.
Interestingly, this gave them a greater knowledge of the technology, and their excitement grew even more. They began to ask how they could have their own cryptocurrency and what advantages it would have for them.
Discovered Cwallet Airdrop Arena Games
However, I don't just want them to possess some cryptocurrencies without understanding their value. So I looked into cryptocurrency games I could run and let everyone play to win. After all, besides playing online games, what is the perfect way to obtain your first cryptocurrency?
Curiously, after researching, I came across Cwallet, a platform that integrates entertaining and social experiences into cryptocurrencies. In addition, the Cwallet includes an in-built game, which makes it simple to set up an airdrop game for my children. This means that my kids can have fun playing arena games while earning actual cryptocurrency incentives. This was an incredible experience, a platform that combines engaging games and crypto incentives.
Getting Started With Cwallet Arena Games
Getting started on Cwallet was straightforward. Unlike other wallets, there was no lengthy registration or KYC verification process because all I had to do was add my mobile phone or third-party sites like Twitter, Telegram, Discord, and Reddit. This is a significant benefit for my children, as most custodian wallets have age restrictions, even though cryptocurrency is not restricted to any age.
Immediately, my account was successfully created, and I could access the airdrop arena features. Afterward, I entered the game information, such as the reward token and the number of winners. The token reward was deducted from my balance, and the game ran for 24 hours. Therefore, I shared the game with my kids to enjoy and have their first crypto asset. What's unique about the Cwallet airdrop arena games is that;
- I can set the difficulty of the game; easy, normal, and hard
- There is no transaction fee deducted for setting up the airdrop game
- After 24 hours of the game, all unclaimed rewards were refunded to my account.
There was no better way to introduce my kids to the world of cryptocurrency than through the Cwallet arena games. It was simple to use, easy to set up, and convenient to play.
Investing in your children's future is the best gift you can give them. And, because cryptocurrency is regarded as the financial future, it is critical that you expose your children to the technology at an early age. Surprisingly, you don't have to go through what I did till I discovered the Cwallet airdrop arena. You can teach your children about cryptocurrency in an entertaining way and get them their first crypto asset with the Cwallet arena games. What you have to do is;
- Create an account with the Cwallet App.
- Locate "Tools" on the wallet page.
- Choose Airdrop Arena.
- Choose your preferred game
- Set the difficulty level and other preferences.
- Share your customized game link with your kids and other interested parties.
So, when your kids win in the game, every token gotten will be automatically credited to their Cwallet account.
Follow this step-by-step procedure to learn about the arena games and instantly create a game NOW!
Cwallet: The Multi-functional Crypto Wallet
Cwallet is a unique cryptocurrency wallet that combines custodial and non-custodial features. With the help of this combined on-chain and off-chain wallet, you can manage and trade over 800 cryptocurrencies in a single spot, providing security, simplicity, and flexibility.
The Cwallet meets individuals', and enterprises' complex crypto needs through a range of features such as the tip code, airdrop game, giveaway tool, mobile refills, bulk payment, request invoice, payment button, and so on. It is more than just a cryptocurrency wallet where users may send and receive funds, buy and sell, or hold and swap cryptocurrency.
Cwallet lowers the entry barrier for crypto usage as you can instantly create a cwallet account with your mobile number or third-party networks such as Twitter, Telegram, Discord, and Reddit.
Cwallet does not charge any deposits, withdrawals, and token swap fees. Therefore, using Cwallet is absolutely FREE!
So, what are you waiting for?
Download Cwallet NOW!