More ways to store your NIM
It’s no secret that the cryptocurrency universe is diverse and that many crypto holders own many different cryptocurrencies. Before multi-coin wallets like Trust Wallet, a crypto user might have to set up many different wallets to store their cryptocurrencies. This is not only time consuming but can be confusing, putting off many new potential crypto adopters.
There is nothing that can contribute to the mass adoption of cryptocurrency more than simplification and making crypto easy to use. Without this, crypto is unlikely to ever be mass adopted by the average person. An important step to achieve mass adoption and expand the crypto user-base is by making cryptocurrency more accessible to less tech-savvy users. Multi-coin wallets have already made a big contribution in increasing cryptos ease-of-use by enabling your typical user to easily store and track different crypto assets all in a single place.
Both Nimiq and Trust Wallet share a vision of simplifying cryptocurrency and there are a few reasons behind Nimiq pursuing this mutually beneficial collaboration.
Trust Wallet founder Viktor Radchenko is excited about this new collaboration and recognizes Nimiq’s great potential. Integrating NIM as a supported crypto asset continues Trust Wallet’s trend of only supporting high-quality cryptocurrencies and the app is set to benefit from an increase in users from Nimiq’s rapidly growing community. The integration of the Nimiq faucet is also set to expand Trust Wallet’s growing range of features.
Viktor has also expressed a deep interest in Nimiq’s groundbreaking blueprint for the crypto-to-fiat bridge Nimiq OASIS which is being developed in collaboration with WEG Bank AG and Agora.Trade. This could potentially enable Trust Wallet to accept fiat currency deposits and withdrawals in the future. The disruptive potential of Nimiq OASIS lies in the solution being able to empower users to buy or sell crypto without:
Nimiq OASIS is scheduled to go live in Q4 2019 and could add additional features to Trust Wallet whilst eliminating the need for a payment processor and the fees associated. More on Nimiq OASIS can be found in our previous blog post.
NIM token integration into Trust Wallet went live on March 27, 2019.
Trust Wallet is one of the most popular multi crypto wallets for Android and iOS devices. The wallet was acquired by Binance on July 31st, 2018 and is now fully integrated into the Binance DEX. Trust Wallet also supports staking, a DApp browser and marketplace, enabling users to buy and sell digital assets like a CryptoKitty.
To celebrate NIM’s integration into Trust Wallet, Nimiq will hold a special giveaway of 1’000 NIM to the first 1’000 new users who download the Trust Wallet app, add NIM support to their wallet and claim them. Thereafter, 100 NIM will be given away to an additional 10’000 new users. The start of the promotion and more details on how to claim will be announced on Nimiq’s Twitter account.
We would like to give many thanks and credit to Nimiq community members Terorie (Germany) and Vasconcelos (Brazil) who are responsible for the majority of the development efforts on Trust Wallet integration. If you’re a developer new to Nimiq and want to join a rapidly growing multi-national community filled with highly skilled developers, then consider submitting a proposal to participate in our Community Project Funding initiative. Maybe you’ll be lucky enough to even collaborate with Vasconcelos and Terorie.
Finally, the Nimiq Team would like to thank everyone in the Nimiq community for your amazing support. We are more dedicated than ever to expanding the Nimiq ecosystem and forging meaningful collaborations and partnerships with projects that share our ethos and values.
DESCARGO: Ninguna de las declaraciones deben ser vistas como respaldo o recomendación para Nimiq, o ninguna criptomoneda, o producto de inversión. Ni la información, ni ninguna opinion contenida aqui constituye una solicitación o oferta de los creadores o participantes para comprar o vender ningún valor u otro instrumento financiero o proveer ningún sugerencia o servicio de inversion.
Nimiq OASIS and Fastspot have already processed 1'650 successful swaps with over $260'000 in volume during Q1 2021 and more than $375'000 until today! We prepare releasing OASIS with selling crypto enabled and plan for OASIS Pro with KYC to enable higher monthly limits.
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Summary of the Community Funding Board March meeting
7 Apr Por Nimiq Community Funding Board
28 Feb Por Team Nimiq