Kids account#431

Purpose basket, a place where parents can accumulate tokens or Thematics for kids or for a specific purpose e.g college fund, wedding, new car, etc

So the use case example would be. I have 2 kids for whom I want to save into Thematics. I also have my personal basket. So ideally I want to create 3 baskets. 1 personal, 1 for kid A and 1 for kid B.

Today I have to track it outside the app into a spreadsheet. It would be great to do this in the app and easily allocate funds across the baskets.

This would also be relevant to individual cryptocurrencies for which you receive Smart Yield. Tracking in spreadsheet complicated due to yield rhat needs to be divided. The idea of creating baskets for different purposes will be suitable for a lot of people and use cases, and potentially increases AUM + Tx fees for Swissborg.

I would like to gift a Swissborg account to my nephews

Would also like this.

+!

We need this.

I really need that!! But I have slightly different solution:

I see it this way: a parent opens an account for a child using their passport and signs that the funds in this account will belong to the child when they turn 18 and pass KYC verification. Until then, the account can only accept crypto deposits from parents account without the possibility of withdrawal. Access to the account would be from a tab on the parent’s account (or/and simple kids app) and would be read-only without the possibility of making transactions on the child’s account. Once a year, a letter addressed to the child would be send home with information about the balance.

Is that possible?
my kids have savings accounts (3%) in the bank and they will get those funds when they grow up. honestly I would rather save up BTC for them

Agree with the wnove