Friday, February 3, 2023

12-Year-Old CEO Looks to Bring Cryptocurrency and Gaming Closer

12-Year-Old CEO Looks to Bring Cryptocurrency and Gaming Closer

Some kids are fine with earning good grades and getting high marks on their report cards. Others prove to be far more ambitious – like 12-year-old George Weiksner, who along with his father Michael, is creating an Ethereum-based token that can be used across several different gaming platforms.

Also read: Crypto Exchanges in Chile Left out in the Cold

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Kids Love Video Games … and Crypto?

George was introduced to cryptocurrencies by his dad, who’s spent years working in the industry. They’ve set out to create a new vision for both gaming and digital currencies via their startup Pocketful of Quarters, and George – barely out of grade school – serves as the company’s CEO.

As a video game enthusiast, George originally got the idea for the business while discussing virtual assets with his father during a ride home from class.

“At the time, I was frustrated because whenever I quit playing a video game, I lost all the coins I’d earned in the game,” George stated in an interview with Business Insider. “That meant I was losing all the work and effort I’d been putting into the games, so when my dad told me about cryptocurrencies, creating a cryptocurrency for games made sense to me.”

A Gamer’s Fantasy Comes to Life

George believed a cross-platform digital currency token that could be used in the future as an “in-game currency” was the answer. Entitled “quarters,” the virtual asset is built via Ethereum-based technology, and is available for purchase on the company website, which George claims will function like a cryptocurrency exchange. He further states that the coins can be used to buy anything in video games from upgrades to additional lives.

Under normal circumstances, it probably wouldn’t make sense to have a child pulling all the strings, but George’s father feels that given the company’s association with video games, his son is the perfect person to run the show.

“A 12-year-old mind can see the world unpolluted by all of the silly compromises we’ve made, and that’s exactly what happened when I explained cryptocurrencies to George,” Michael said. “It was as much for me to get his perspective on something I thought was interesting as it was for him to teach me about something that I think is the future.”

Are Kids the Future of Crypto?

George Weiksner isn’t the only youngster entering the bitcoin arena before he’s old enough to drive. 11-year-old Andrew Courey from Massachusetts recently made headlines after he self-published a book entitled Early Bird Gets the Bitcoin: The Ultimate Guide to Everything About Bitcoin for Amazon Kindle.

Furthermore, 18-year-old Erik Finman made a bet with his parents not too long ago that if he was a millionaire by the time he was legally an adult, they couldn’t force him to go to college. Thanks to his ongoing bitcoin investments and ongoing market plays, Finman has reached his financial goal and is looking forward to skipping out on his degree to make more crypto moves.

Will we see more children getting involved in crypto? Post your comments below.

Images via Business Insider, Pixabay

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