CRISP for Kids is an unstructured and self directed cryptocurrency savings plan for children using DNotes. Their long-term investment horizon and the early stage of the digital currency industry allows for significant capital appreciation.
There is little chance that traditional investments and low yielding bank accounts will be enough to provide for a child’s future. They will need to seek alternative investments like DNotes for a portion of their portfolio in order to have a realistic chance of accumulating enough money to meet their goals.
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The CRISP For Kids program began as a joint pilot project of DNotes and CryptoMoms in July 2014. It was designed to evolve around CryptoMoms, a currency neutral site dedicated to encourage women's participation in cryptocurrency. All CRISPs are unstructured and self directed plans, using DNotes as the investment vehicle. Re-occurring savings, in any amount, may be added at any time.
The DNotesVault, providing secure offline cold storage and a 100% deposit guarantee, makes signing up for a CRISP easier than than setting up a bank account. The combination of operating under the helpful CryptoMoms umbrella and the simple to use DNotesVault allows for easy participation of family and friends.
After the launch of the CRISP, it soon became evident that parents and grandparents from around the world are genuinely concerned about the financial well being of the children in their families. They realize there is little chance that traditional investments and low-yielding bank accounts will be enough to provide for a child's future. They will need to seek alternative investments such as DNotes for a portion of their portfolio to have a realistic chance of accumulating enough money to meet their goals. Many of the children currently in the program were signed up by their grandparents who gave them a gift of DNotes to get them started.
Children are great candidates for a long term savings plan in digital currency. Their long term investment horizon and the early stage of the digital currency industry allows for significant capital appreciation.
Anyone can set up or contribute to a child's CRISP, giving this program the potential to help children around the world. A teacher could establish CRISPs for every student and at the same time start teaching the class about digital currency. Cryptocurrency can be a powerful lesson tool and what is new and evolving today will be the norm for them in the future.
The funds from the CRISP can be used by the child for their education, travel, their first home, as well as many other things. By the time the children are old enough to withdraw the DNotes, they will be very grateful their parents or grandparents had the foresight to take early advantage of an investment in digital currency.
Everyone at CryptoMoms is very proud of the CRISP For Kids program and it is a delight reading the posts of the proud parents and grandparents as they share a little bit about each child. Some have left messages that will outlive the writer and it is starting to have almost a time-capsule feeling.
CryptoMoms and the DNotes team are dedicted to helping anyone interested in starting a CRISP for any child. Please visit: http://cryptomoms.com/forum/cryptomoms-com/5/kids-with-a-cr-i-s-p/530