What Happens To Your Crypto When You Pass Away? GenWealth

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  • Опубліковано 11 лип 2024
  • GenWealth is a solution about to launch that can pass on your crypto assets to your beneficiaries when you pass away.
    Many people don't want to think about or plan for passing away or leaving their loved ones. Having a plan to pass on your crypto assets to your family members or beneficiaries is crucial, especially if you have a lot of crypto assets.
    GenWealth is a solution using Cardano smart contracts to make this possible. At the time of recording, the team had an MVP and was almost ready to launch on the mainnet.
    Timestamps
    00:00 Intro
    00:48 What is GenWealth?
    03:24 How GenWealth Works
    06:40 Flexibility and Interactions with the Platform
    08:38 Security and Auditing
    09:56 Separation of Vaults and Onboarding Process
    14:20 Team and Timeline
    17:49 Self-Recovery Process
    21:50 Funding Proposals
    24:28 Community and Reference Links
    Links
    X: x.com/genwealth_app
    Web: genwealth.app/
    Catalyst Proposal:
    cardano.ideascale.com/c/idea/...
    cardano.ideascale.com/c/idea/...
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    ===
    *** None of the information on this episode is to be considered as financial advice. All conversations and opinions are that of the guests and are intended for educational and entertainment purposes only. Please do your own research and understand that cryptocurrencies are volatile and risky. • Learn Cardano Podcast ...
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  • Розваги

КОМЕНТАРІ • 31

  • @Dkkm10
    @Dkkm10 Місяць тому +5

    Man, really happy someone actually pursued estate planning on the blockchain. Have wanted this for years. Nice!

  • @mosslars38
    @mosslars38 Місяць тому +1

    Glad to finally see someone address this problem! Sounds like a very good project, I will vote in C12 for sure.

  • @brodyalden
    @brodyalden Місяць тому +2

    Thank you Peter

  • @marceloreis8922
    @marceloreis8922 Місяць тому +1

    That kind of app is more than essential for all cripto investors. In a world of tokenized assets it will be a must for all families.

    • @LearnCardano
      @LearnCardano  5 днів тому

      Yes indeed. We can’t rely on seed phrases to be passed down

  • @chrispetersonwritter2158
    @chrispetersonwritter2158 Місяць тому

    Blockchains need to solve this problem! Cardano being the first blockchain with a solution like this would be amazing! You have my vote!

    • @LearnCardano
      @LearnCardano  5 днів тому +1

      It would be great to see this type of solution on chain. It makes sense and I hope they get some funding to make this the best thing out there

  • @Cwirpc
    @Cwirpc Місяць тому

    Great to see something like this being built. You will probably get my vote in Catalyst 12.

  • @NelsonDiogo
    @NelsonDiogo 3 дні тому

    Great ideia coming from Portugal 😊

  • @user-zf8ch4ou1f
    @user-zf8ch4ou1f Місяць тому

    This is something huge! We all need it

    • @LearnCardano
      @LearnCardano  5 днів тому

      Yes, we all need it, we don't plan for it.

  • @JillianPlomin
    @JillianPlomin Місяць тому

    This is amazing. This is one of the FIRST things I thought of when I was introduced to the whole idea of cryptocurrency.

    • @LearnCardano
      @LearnCardano  5 днів тому

      Yep. Dont want to take your crypto to the grave

  • @decentralizednation
    @decentralizednation Місяць тому

    Thank you Peter! Really enjoyed the interview and getting to know you a bit better!

    • @LearnCardano
      @LearnCardano  5 днів тому

      Thanks for coming on. It’s a good project.

  • @bobbysbits2575
    @bobbysbits2575 Місяць тому

    New outro music is nice too

  • @robtihanyi1155
    @robtihanyi1155 Місяць тому

    It sounds sort of like a password manager but for your crypto wallet... makes sense to me.

  • @gordyhydro5774
    @gordyhydro5774 Місяць тому

    I've just hada heart attack. Luckily i have recovered. I worry about my crypto beng lost forever. What a relief this impotant topic is being looked at. Brilliant interview Pete.

    • @LearnCardano
      @LearnCardano  5 днів тому

      Oh wow. I'm glad you recovered. I do everything I can to keep my life as long and strong as possible

  • @MrKdog87
    @MrKdog87 Місяць тому

    you have a typo in the thumbnail "cyrpto"

  • @betadoctor
    @betadoctor Місяць тому

    Cyrpto ? The thumbnail needs a makeover ;)