The Conceptual 'Fruition' Coin Money Bank is Design-Conscious
Michael Hemsworth — August 4, 2021 — Art & Design
References: yankodesign
The humble piggy bank is often associated with childhood saving, so the conceptual 'Fruition' coin money bank is designed to change this with a design that is inherently modern and functional.
Designed by Younghyun Kim, the money bank consists of a main unit that allows the coin compartment to hang on an extended branch. The compartment is held in place using strong magnets, but will detach from the main branch after a certain amount of money has been collected within, which signals to the user that it's time to harvest their earnings.
The conceptual 'Fruition' coin money bank speaks to the design preferences of adult consumers, but also plays on an aspect of childhood to allow children-at-heart with a way to save money.
Designed by Younghyun Kim, the money bank consists of a main unit that allows the coin compartment to hang on an extended branch. The compartment is held in place using strong magnets, but will detach from the main branch after a certain amount of money has been collected within, which signals to the user that it's time to harvest their earnings.
The conceptual 'Fruition' coin money bank speaks to the design preferences of adult consumers, but also plays on an aspect of childhood to allow children-at-heart with a way to save money.
Trend Themes
1. Modern Coin Banks - Designing modern coin banks that appeal to adults and children alike presents an opportunity to disrupt the traditional piggy bank market.
2. Smart Coin Banks - Developing smart coin banks that leverage technology and provide useful features such as automatic coin counting and mobile app integration presents an opportunity to disrupt the traditional piggy bank market.
3. Sustainable Coin Banks - Creating coin banks made from eco-friendly materials or repurposed items presents an opportunity to disrupt the traditional piggy bank market while appealing to environmentally conscious consumers.
Industry Implications
1. Retail - Retailers can explore selling modern, smart, or sustainable coin banks to attract new customers and offer a differentiated product in the piggy bank market.
2. Fintech - FinTech companies can leverage their expertise in finance and technology to develop smart coin banks with advanced features such as automatic coin counting and mobile app integration.
3. Eco-friendly Products - Companies specializing in eco-friendly products can explore creating coin banks made from sustainable materials or repurposed items to offer an environmentally conscious alternative in the piggy bank market.
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