If we listen to Pierre Perret, summer camps have not always been as fulfilling places as we would like us to believe. But all the same, before, they at least allowed the children to get some air.
This summer in Los Angeles, children aged 5 to 17 will participate in the third edition of a Crypto Kids Camp, a holiday camp to learn everything about artificial intelligence, NFTs and virtual reality. Vox has deciphered this new flourishing, but also controversial, American business.
These camps are part of a burgeoning new industry of start-ups producing Web 3.0 educational content for children, sometimes before they can even read. Najah Roberts, the creator of the stay, explains that the goal is to reduce the gap between the privileged children and the others. “It’s important to show them all the possibilities that exist, she says. You can tell them that there is work in technologies, but when they can really see these platforms and use them, then their spirit opens.
The price of the stay? 500 dollars for a week (465 euros). But there are scholarships for children from modest families. The little ones participate in activities for a week and can leave with a computer, a drone, a robot, a VR headset and a phone containing a cryptocurrency wallet.
Children are the future
Other types of formulas for children are offered. Zak Ringelstein, the founder of Zigazoo, a kind of TikTok for 3-12 year olds that posts NFT collaborations, says: “We try to teach children the basics of finance and digital to encourage them to create their own art forms and build the future of the web.” There are also virtual cryptocurrency piggy banks for kids like Piggy Banks, educational YouTube videos, and books with titles like C for Cryptocurrency.
These initiatives, which seem to stem from a desire to prepare young people for an increasingly dematerialized future, are not unanimous. Some question the stability of this type of investment and fear that children are taking too big a risk.
For Joyce Sidero, a professor at the University of Minnesota who studies financial behaviors within families, it is important to educate children about money as early as possible. But she believes that cryptocurrency is still too unstable a system to be understood by younger people.
For his part, a teacher who wished to remain anonymous gives his tip for recognizing a kid who touches cryptos: “When he starts adulating Elon Musk, it’s usually because he’s interested in the subject.”
Joyce Sidero says she is very impressed with “the ease with which young children handle these emerging technologies”. However, it highlights a difficulty: “Our mission is to help them navigate a world they will inherit, but which we don’t understand and won’t be there to see.”