Trust Wallet Collaboration

More ways to store your NIM

Team Nimiq
Mar 27, 2019 · 4 min read

Team Nimiq would like to extend special thanks to Terorie and Vasconcelos, both members of the Nimiq community, for their instrumental help in spearheading this new collaboration with Trust Wallet.

Why collaborate with a multi-crypto wallet?

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.

  • The community lead effort spearheaded by Terorie and Vasconcelos has empowered NIM holders by providing another great and convenient way to store tokens securely. Trust Wallet will also be the first mobile app to support NIM and enables Nimiq supporters to easily use NIM on the go.
  • Nimiq is set to integrate the NIM faucet into the Trust Wallet multi-crypto app so that users can experience the simplicity of NIM for free.
  • Adding NIM to the fastest growing multi-coin wallet increases the visibility and reach of Nimiq in the cryptocurrency community.
  • Opens the door for research collaboration opportunities between the two projects.

What does Nimiq bring to the table?

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:

  • A centralized intermediary ever controlling the two assets being swapped.
  • The private keys of the crypto asset ever leaving the owners possession.

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.

About Trust Wallet

Two million NIM giveaway

By the community, for the community

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.

Pura Vida,
Team Nimiq

DISCLAIMER: None of the statements must be viewed as an endorsement or recommendation for Nimiq, any cryptocurrency, or investment product. Neither the information, nor any opinion contained herein constitutes a solicitation or offer by the creators or participants to buy or sell any securities or other financial instruments or provide any investment advice or service.

Nimiq

Nimiq — Crypto for Humans — https://nimiq.com