12yr old Indian Crypto-Millionaire - 240Cr. Rupees within 1 YEAR! | True Story ๐ฒ๐ฒ #shorts
Meet 12yr old Indian Crypto-Millionaire Gajesh ๐ค manages 240Cr. Rupees ๐ฒ๐ฒ #shorts
The cryptocurrency craze which has taken over the world in the past few years has reached a point where even middle-school students in India are participating and excelling. One such student is 13-year-old Gajesh Naik, the creator of PolyGaj, a cryptocurrency money managing ecosystem.
Gajesh is a Class 8 student at People's High School in Panaji. Last year, he started creating online educational content when the country was under lockdown due to the first wave of the COVID-19 pandemic. The content produced by Gajesh was meant to help primary school students from vernacular schools as physical classes were shut down due to the pandemic.
This year, Gajesh has developed two dapps (decentralised applications) on the Polygon network. The apps -- PolyGaj and StableGaj -- provide users access to crypto-investing.
While PolyGaj is a one-stop decentralised finance (De-Fi) and non-fungible token (NFT) platform, StableGaj is a decentralised stablecoin swap which provides stablecoin exchange on the Polygon network, according to a report in The Times of India.
De-Fi is a term used for non-custodial software programs that manage a user's cryptocurrency without the need for intermediaries like investment managers or banking systems.