Using blockchain to create a newborn economy? Will “Baby Tokenization (BabyFi)” be able to combat the declining birthrate crisis?

Here's the English translation: Blockchain Not Only Challenges Financial Rules, But May Become the Savior of Birth Rates? A proposal titled "The Pro-Social Case for Tokenizing Babies" recently sparked controversy on social platforms, with its core concept being to transform babies into "on-chain financial assets", redefining the economic value of child-rearing and alleviating the low birth rate crisis. [The rest of the translation follows the same principle, maintaining the structure and translating all text while preserving the <> tags] The core concept is "Baby Bond", a hybrid asset combining Non-Fungible Token and divisible Token. Each newborn will be minted as a unique Non-Fungible Token, recording birth information and growth data, with its divisible Token portion available for financial investment and trading. The value calculation formula is based on the "value change rate of Baby Bonds (B)", using the baby's "growth milestones" and "community influence" as key driving forces, and introducing AI and smart contracts for comprehensive monitoring and management. Token value shows non-linear growth with the child's development and achievements, similar to "Bond Convexity" in venture capital. Through an AI agent system, babies start accumulating personal growth data from birth, including language skills, athletic performance, and social interactions, which will be converted into verifiable data. As they grow, educational institutions can issue on-chain badges (such as "Reading at Three" or "Admitted to MIT"), and these achievements will directly impact Token value, transforming the child's developmental journey into a quantifiable economic asset.

Baby ETF Portfolio: Create a "Baby Index Fund" ranging from "High-IQ Children" to "African Potential Kids ETF", allowing investors to bet on the future potential of specific talents or regions.

Baby Futures Trading: Predict and trade on a specific child's future economic output, with returns based on on-chain key performance indicators (KPI) at age 21.

Charitable DAO: Invest in baby tokens from low and middle-development regions, combining charity and investment returns.

Narrative Derivatives: Create financial products centered on life stories, such as "Will They Become a Nobel Laureate", similar to prediction markets.

Pros and Cons: Innovation or Exploitation?

The proposal emphasizes its potential social benefits: "Increasing birth rates, providing family financial freedom, creating fairer incentive mechanisms." However, its moral and ethical controversies cannot be ignored.

Critics argue this is a "commodification" and "financial exploitation" of life that may infringe on children's rights. The author responds:

We are not trading children, but our belief in their future potential.

Creative, But Don't Rush to Get Pregnant

It's not difficult to see that realizing this concept depends on proper token standards, highly secure smart contracts, privacy-protecting AI models, and robust on-chain governance systems. However, the most challenging aspects remain legal regulation, social acceptance, and consent mechanisms for children. As ChatGPT commented:

The proposal is far-fetched, more like a vague and absurd experiment combining blockchain, sociology, and economics.

"The Pro-Social Case for Tokenizing Babies" can be seen as a limit test of blockchain technology, but it still raises a major question about human nature, economics, and future social value, providing a stimulating new perspective that prompts a re-examination of the relationship between fertility and economics.

After all, the issues of declining birth rates and aging workforce are indeed existing and becoming increasingly severe.