KidLet will utilize NEM Technology in delivering its mission to teach kids about blockchain and fiscal management

First appeared on Medium

With the world’s constant evolution and technology’s persistent improvement, people are gradually realizing the possibilities they can achieve in life, whether in establishing a business of transportation that encourages connection with people (carpooling) using blockchain, or in launching an art store that also caters to cryptocurrency. People can now enjoy pursuing their passion with the help of state-of-the-art technology being made available to all.

KidLet is one of the many platforms built through the dreams and passion of a 10-year old girl named Kaede Takenaka. Her projects involve a group of educators and blockchain experts who firmly believe that kids need to be actively involved in the 4th industrial revolution of technology — imagine the possibilities when children are able to take control of their own financial education and learn about disruptive technologies early on in their lives.

KIDLetCoin aims to tokenize the way kids earn their allowances or rewards. Essentially, 1 KID will be equivalent to 1 hour of work (homework, chores, tasks, achievements). This is the core utility use case of the coin. Looking ahead, this project aims to use educational games to reward skills gained.

Through this platform, parents are allowed to reward their children by giving out KID tokens for every achievements made, may it be in making progress in reading comprehension, improving in sports, etc. These tokens can then be redeemed in its online store which is set to launch soon.

The ultimate goal for this is to create a global network of kids who will work together on blockchain projects and educational products, which would let them earn KID tokens. This will not only benefit the youth in earning, but will also encourage innovative and creative ideas as they grow, giving them a great future ahead.