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Famjam

Using Circles to create a family currency to help reward kids for good behaviour.

Famjam

Created At

ETHGlobal Brussels

Winner of

Circles - Runner-Ups

Project Description

FamJam empowers families to ditch the piggy bank and embrace the future of finance. The platform aims to be a safe and fun environment for children to learn how to manage their finances and learn about more complex topics like staking. By creating a Family token which can be earned by doing chores helping each other and other creative ideas. By keeping the currency in the family there is no real risk involved. Some key features are:FamJam, a revolutionary platform, aims to transform the way families handle finances. It aims to provide a secure and enjoyable environment where children can learn essential financial management skills and explore complex topics like staking. By introducing a Family token, earned through chores and creative endeavors, the platform keeps the currency within the family, eliminating real-world financial risks. The core features of FamJam include:

Teach Financial Literacy: Kids learn about earning, saving, spending, and even staking in a fun, safe environment. Incentivize Positive Behaviour: Replace nagging with rewards! Kids earn currency for chores, good grades, and acts of kindness. Foster Family Collaboration: FamJam turns financial decisions into family discussions and shared goals. Prepare Kids for the Future: As crypto and digital currencies become mainstream, give your kids a head start. The app can not only be used in family but among friend groups too. Here organising dinners or planning trips are examples where you can earn your friend groups token. Another option is to keep each other accountable for things. Like reducing screen time or other behavioural changes. Beyond family use, the app can also be utilized among friend groups. For instance, you could use it to organize dinners, plan trips, and earn your friend group's token. Additionally, you can use the app to hold each other accountable for various things, such as reducing screen time or making other behavioural changes.which will earn you tokens.

  • Due to coming up with an idea too late and bugs & quirks in the CirclesSDK we did not manage to finish the project.

How it's Made

We have been building a WebApp using CirclesSDK and ReactJS for styling we used tailwind and DaisyUi. We first tried to integrate the SDK in Skaffold.Eth but after a good amount of time trying to make it work we decided to just use the React app. To experiment with the CirclesV2-contracts. We intended to extend the app with pre-defined functionality for what chores you could pay the kids with and also add a staking-contract for when the kids are hosting a party without the parents.

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