Review

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Nimiq Coin Review: The Browser Based CryptoCurrency

Analysis

<p>On the 2nd April 2019, <a href="https://{MIGRATED_DOMAIN}/review/nimiq-nim/">Nimiq (NIM)</a> announced that the crypto project had acquired a <strong>9.9% stake in WEG Bank AG</strong>.</p>



<p>This move further reinforces Nimiq’s pre-existing <a href="https://{MIGRATED_DOMAIN}/analysis/blockchain-compatible-fiat-coming/">strategic partnership</a> with WEG Bank and Agora.Trade on a potentially revolutionary crypto-to-fiat bridge.</p>



<p>In this article, we’ll take a look at how all the pieces of the Nimiq puzzle fit together, how this acquisition and partnership could just be the beginning of wider disruption for both the cryptocurrency and fin-tech industries.</p>



<h2>The Wider Impact On Crypto &amp; Fin-tech</h2>



<p>Nimiq’s acquisition of a stake in WEG Bank means that the project is committed to dedicating their top developer talent to execute the blueprint for an innovate crypto-to-fiat bridge called <a href="https://medium.com/nimiq-network/nimiq-makes-fiat-currencies-blockchain-compatible-7503096a6252" target="_blank" rel="nofollow noopener">Nimiq OASIS</a>. This fin-tech solution is customer facing and aims to<em><strong> connect the traditional banking system</strong></em>, via WEG Bank, to the cryptocurrency markets using Agora.Trade.</p>



<figure class="wp-block-image"><img src="https://img.coinbureau.dev/strapi/2019/04/nimWEGAgora.jpg" alt="Nimiq WEG Bank Partnership"/></figure>



<div class="blockImg"></div>



<p>At one end of the bridge, you have WEG Bank and Agora.Trade (a decentralized exchange) is at the other end. At the center of the bridge is Nimiq OASIS which is what connects the banking and cryptocurrency worlds together and enables value to be transferred between the two ecosystems. This is made possible by Nimiq OASIS making fiat currencies like the USD or EUR, <a href="https://{MIGRATED_DOMAIN}/education/what-is-blockchain-technology/">blockchain compatible</a>.</p>



<p>Now the value transfer problem between cryptocurrencies and banks has existed ever since <a href="https://{MIGRATED_DOMAIN}/education/what-is-bitcoin/">Bitcoin</a> was first introduced into the world.</p>



<p>This pain point has seen the emergence of cryptocurrency payment processors like Bitpay and Simplex, who step in as a middle man to bridge these two ecosystems. Indeed, <a href="https://cointelegraph.com/news/iohk-founder-charles-hoskinson-says-crypto-industry-needs-more-interoperability" target="_blank" rel="nofollow noopener">Charles Hoskinson</a>, the founder of <a href="https://{MIGRATED_DOMAIN}/education/cardano-ada/">Cardano (ADA)</a> recently spoke about the current state of crypto markets and commented:</p>



<blockquote class="wp-block-quote">
<p>What we are seeing is a collection of standards being created [that] will inevitably converge over the next three to five years to create a situation where you can move information and value between all these different systems ー not just Bitcoin to Litecoin to Ethereum to Cardano ー but also your regular bank account</p>
</blockquote>



<p>Nimiq OASIS aims to achieve the transfer of value between cryptocurrency and a normal bank account. Furthermore, the target date for release is Q4 2019 and the first iteration of Nimiq OASIS is looking to support Bitcoin, Ethereum and NIM. The potential of Nimiq OASIS is nearly endless with Team Nimiq stating that:</p>



<blockquote class="wp-block-quote">
<p>Nimiq’s vision is to further expand Nimiq OASIS reach to other fiat currencies like the USD and additional crypto assets as other banks and cryptocurrency platforms can also be enabled to interface with Nimiq OASIS and provide their customer bases with a convenient and cheap way to buy or sell different cryptocurrencies with a bank account</p>
</blockquote>



<p>So, in a nutshell, the Nimiq OASIS blueprint aims to deliver an easier and cheaper way for people to buy and sell cryptocurrencies using their bank account. This eliminates the need for crypto payment processors and can remove an additional fee layer. Now, that’s very disruptive in itself, but there's more.</p>



<p>Nimiq OASIS can also enable transactions to be processed without a single, centralized intermediary (like an exchange or payment processor) controlling the two assets being exchanged, and without the private keys of the crypto asset ever being entrusted to a third party.</p>



<p>Maybe all that sounds like a word salad, but consider the QuadrigaCX situation earlier in 2019 and how <a href="https://decryptmedia.com/5853/complete-story-quadrigacx-190-million" target="_blank" rel="nofollow noopener">$190 million in crypto assets</a> became inaccessible to the exchange.</p>



<figure class="wp-block-image"><img src="https://img.coinbureau.dev/strapi/2019/04/quadrigaBannerNimiq.jpg" alt="Quadriga Lost Keys"/></figure>



<div class="blockImg"></div>



<p>This issue demonstrates the benefit of a crypto owner never trusting their private keys to anyone else. Indeed, if all those QuadrigaCX users had held their own private keys then they would still have access to that $190 million worth of crypto.</p>



<p>WEG Bank’s part in the Nimiq OASIS blueprint is critical, for it is the way through which Nimiq OASIS can access the SEPA Instant network and enable the buying or selling of crypto with any bank part of that network.</p>



<p>This means that users wouldn’t have to have an account at WEG Bank to use Nimiq OASIS. Nimiq’s partnership and acquisition of a stake in WEG Bank demonstrate the commitment to making this fin-tech solution succeed.</p>



<h2>More To Nimiq OASIS Then Meets The Eye?</h2>



<p>Currently, there are few banks looking to actively work with cryptocurrency projects or develop crypto-based solutions. Enabling retail banking customers to buy crypto doesn’t sound like that big a deal, however, the Financial Conduct Authority in the UK recently released a <a href="https://www.fca.org.uk/publication/research/cryptoassets-ownership-attitudes-uk-consumer-survey-research-report.pdf" target="_blank" rel="noopener">report</a> and conducted a survey asking people why they were not buying cryptocurrencies.</p>



<p>An incredible 20% of people replied that lacked knowledge on how to buy cryptocurrencies. Nimiq OASIS could make buying crypto as simple as sending an online bank transfer and this highlights the benefits of making the buying and selling of crypto as simple as possible.</p>



<p>In the area of crypto payment processing, Nimiq OASIS could end up being a very disruptive force. The reason why is that many merchants don’t want to use a crypto payment processor like Simplex due to fees of up to 5%.</p>



<p>Now many online retailers operate off average net margins as <a href="https://www.investopedia.com/ask/answers/071615/what-profit-margin-usual-company-retail-sector.asp" target="_blank" rel="noopener">low as 0.5% to 3.5%</a>. That’s a huge disincentive for many merchants to accept cryptocurrencies and for some, accepting crypto payments could even result in the merchant making a loss.</p>



<div class="blockImg"><img src="https://img.coinbureau.dev/strapi/2019/04/nimiqOasisWEG.jpg" alt="Nimiq Oasis Banner WEG"><br>
<i>Image via Nimiq</i></div>



<p>With Nimiq OASIS comes the potential for significantly lower fees by removing crypto payment processors as middlemen. The potential is there for Nimiq OASIS to actually spread the wider merchant adoption of cryptocurrencies by offering a cheaper alternative.</p>



<p>The stable-coin market could also be impacted. Today, these markets stand at around $2.8 billion, with the main use case of stable coins being to hedge against the volatility of crypto.</p>



<p>However, that hedge does come with some risks if people are using certain popular, unaudited stable-coins. Nimiq OASIS could offer crypto enthusiasts a different alternative to hedge against the markets with actual fiat.</p>



<p>No one really knows how large the crypto over-the-counter markets are. However, many agree that the volume on OTC desks is larger than that transacted over cryptocurrency exchanges. If you are not sure what OTC markets are, it’s just a complicated way of saying that crypto buyers, with fiat, are matched with crypto sellers wanting to sell for fiat currency.</p>



<p>Usually these markets are reserved for only high-value transactions and the OTC broker takes a cut of the transaction for making it all happen. If Nimiq OASIS gains high levels of liquidity, then it could offer current OTC buyers and sellers with an alternative option for their trades and enable Nimiq OASIS to eat into OTC market share.</p>



<p>From Nimiq’s recent stake acquisition, WEG Bank has further strengthened its partnership with Nimiq and this could make a lot of strategic sense when you know that the bank is focusing on expanding into the crypto niche. Matthias von Hauff, CEO of WEG Bank AG went on the record with the following comment.</p>



<blockquote class="wp-block-quote">
<p>For the past 12 months, we have been looking at various ways to expand our core banking activities into the blockchain community. With Nimiq, we have been able to develop not only a landmark payment interface which has the potential to revolutionize the way we deal with cryptocurrencies, but also an innovative and powerful partnership</p>
</blockquote>



<p>Not only does WEG Bank play a critical role in the Nimiq OASIS solution, but the acquisition of a stake in the bank also opens up other opportunities for Nimiq. Prominent crypto projects like <a href="https://{MIGRATED_DOMAIN}/education/litecoin-vs-bitcoin-explained/">Litecoin</a> and Tokenpay are already existing shareholders and <a href="https://twitter.com/MatthiasHauff/status/1108748966655680518" target="_blank" rel="noopener">twenty cryptocurrency projects</a> are set to be selected for corporate accounts at WEG Bank, with Lisk already being confirmed.</p>



<p>The WEG Bank connection certainly brings with it the potential for Nimiq to grow even more meaningful partnerships and collaborative efforts.</p>



<h2>A Brief Overview About Nimiq</h2>



<p>The thing to know is that Nimiq OASIS is just a single initiative that makes up the Nimiq project. Nimiq is a decentralized payment system, with an extensive ecosystem of apps, in which the NIM token is used as a store and transfer of value.</p>



<p>Sure, this sounds very similar to the the numerous other crypto payment systems out there <a href="https://{MIGRATED_DOMAIN}/education/what-is-dash-cryptocurrency/">like Dash</a>.</p>



<p>However, Nimiq does differentiate with its cutting edge browser-based blockchain, which allows users to connect to it using only a web browser. This creates a installation-free experience, geared towards ease of use. Nimiq also compounds this approach by going to extraordinary lengths to make user interfaces simple and easy.</p>



<p>This approach and emphasis on simplicity have been inspired by Nimiq’s vision of making a cryptocurrency for the masses and not just the tech savvy. The focus on ease of use is probably a wise strategy given that companies like Apple have been able to achieve astonishing rates of product adoption by keeping things as simple as possible for users. Nimiq is built with a similar ethos in mind and this can be seen throughout the project.</p>



<div class="blockImg"><img src="https://img.coinbureau.dev/strapi/2018/12/nimiqBannerAdoption.jpg" alt="Nimiq Ecosystem WEG"><br>
<i>Image via Nimiq</i></div>



<p>The Nimiq ecosystem is full of the teams and the best ideas from the Nimiq community.</p>



<p>Nimiq has created a frictionless, one-click pay webshop where you can get your hands on branded merchandise. However, one of the most promising components of the ecosystem is a new checkout flow, which is set to be released shortly to enable different e-commerce stores around the world to accept NIM as a payment method. This could be a critical part of Nimiq’s future if combined with Nimiq OASIS and this could provide merchants with a viable alternative to crypto payment processors.</p>



<p>If you scout around the Nimiq forum you’ll also be able to see that it appears that plans are already being hatched for Merchant adoption, with Nimiq publicly disclosing a <a href="https://forum.nimiq.community/t/merchant-targets/27/3" target="_blank" rel="nofollow noopener">list of merchant targets</a>.</p>



<p>The Nimiq ecosystem also includes numerous tip bots for platforms like Reddit, Twitter, Twitch, Telegram, and Discord. It even has a browser-based Crypto-Tamagotchi game too.</p>



<p>Nimiq’s acquisition and strategic partnership with WEG Bank can be viewed as a smart springboard to further expand the project’s ecosystem, whilst enhancing its use-case as a payment system. Nimiq’s work is by no means done yet. However, there appears to be a lot of promise and potential there and it might be worth keeping a closer eye on project developments.</p>



<h2>What is WEG Bank?</h2>



<p>WEG Bank is a German bank founded by CEO Matthias von Hauff. The bank has gained a reputation for being one of the best institutions in the German real estate banking sector and has set its sight on expansion into the corporate, crypto and retail sectors.</p>



<div class="blockImg"><img src="https://img.coinbureau.dev/strapi/2019/04/wegBankBanner.jpg" alt="WEG Bank Banner"><br>
<i>Image via <a href="https://www.weg-bank.de/" target="_blank" rel="nofollow noopener">WEG Bank</a></i></div>



<p>With Nimiq on board, it seems that the project could play a key role in helping WEG Bank expand into the cryptocurrency markets and get a head-start over other less progressive thinking banks.</p>



<h2>Who are Agora Trade?</h2>



<p>Agora.Trade is a decentralized exchange under Swiss and Maltese ownership. They are led by Forbes 30 under 30 listmaker Reto Trinkler. The exchange has also partnered up with WEG Bank through their connection and involvement in Nimiq OASIS.</p>



<p>In addition, Reto is also collaborating on other cutting-edge blockchain research with Nimiq through his other company called Trinkler Software. This collaboration appears to be bearing fruit, with the proposed <a href="https://medium.com/nimiq-network/research-collaboration-albatross-63599386a7c9" target="_blank" rel="nofollow noopener">Albatross consensus algorithm</a> being the first thing to out of this collaboration.</p>



<p>Albatross is a new proof-of-stake consensus algorithm and its believed that this is able to perform close to the theoretical maximum for a single chain. This research is currently being put to the test, however, it could provide a foundation for Nimiq to shift to proof-of-stake in the future.</p>



<h2>Conclusion</h2>



<p>Nimiq OASIS has the potential to play a big role in shaping the future landscape of the wider crypto and fin-tech sectors. The acquisition of a stake in WEG Bank further supports Nimiq’s commitment to delivering Nimiq OASIS and the strategic partnerships with both WEG Bank and Agora-Trade.</p>



<p>It also opens the door for Nimiq to forge additional partnerships with substance, with Litecoin and Tokenpay already being stakeholders, some of the twenty crypto projects set to be selected for corporate accounts might synergize well with Nimiq and lead to even more future collaborations.</p>



<p>However, it must be noted that Nimiq OASIS is only a blueprint right now and that the first Nimiq OASIS transaction isn’t expected till Q4 2019. Sometimes development work takes longer than anticipated and that target date is certainly not fixed.</p>



<p>What’s particularly interesting about Nimiq OASIS is that it has never been intended to be used exclusively for NIM. From the get-go, Bitcoin and Ethereum support are anticipated, with Nimiq already suggesting that the vision is to enable support for other cryptocurrencies. This means that the Nimiq OASIS effect could be felt out throughout the entire crypto market in the future.</p>



<p>If Nimiq OASIS succeeds with help from WEG Bank and Agora.Trade, it will certainly be interesting to see if this fin-tech solution starts to change the attitudes held by other banks towards cryptocurrencies. Maybe WEG Bank will be the first of many to embrace this new technology?</p>



<p>Only time will tell what the true impact of Nimiq will be...</p>



<p>However, given the scale of the possible disruption, it might be a good idea to keep closer tabs on the project and keep up to date with the project’s developments.</p>



<p><i>Featured Image via Nimiq</i></p>



<div class="disclaimerPR">Disclaimer: The author holds some NIM in their portfolio and is compensated in a long-term independent consulting capacity by Nimiq. This article must not be construed as investment advice. Always do your own research.</div>

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Nimiq Joins Litecoin & TokenPay By Acquiring Stake In WEG Bank

<p>There has been quite a bit of interest in Nimiq recently and this week was an interesting one for the entire Nimiq community.</p>



<p>NIM tokens were officially integrated into <a href="https://{MIGRATED_DOMAIN}/review/trust-wallet/">Trust Wallet</a>, a multi-coin crypto wallet that is being used by the Binance DEX. Not only does this provide Nimiq users with the first mobile NIM wallet but it also opens a whole host of other collaborative opportunities.</p>



<p>In this post, we will give you an overview of the integration as well as what it could mean for Nimiq and the broader relationship between the two projects.</p>



<h2>What Is Nimiq?</h2>



<p><a href="https://nimiq.com/en/" target="_blank" rel="noopener noreferrer">Nimiq</a> is a decentralized payment system in which the NIM coin is transacted as a transfer and store of value. One of the things that sets Nimiq apart from other cryptocurrencies is their innovative browser-based blockchain, which enables users to connect directly without any cumbersome installations.</p>



<p>This no-installation approach gives Nimiq users that ‘it just works’ experience and this is combined with an emphasis on ease of use and keeping things simple. In other words, Nimiq is a cryptocurrency built for the masses and not just the tech savvy.</p>



<h2>Nimiq &amp; Trust Wallet</h2>



<p>The NIM token was integrated into Trust Wallet, one of the leading multi-coin wallets for Android and iOS, on the <a href="https://twitter.com/TrustWalletApp/status/1110871783220150272" target="_blank" rel="nofollow noopener noreferrer">27th March 2019</a>. The Trust Wallet was acquired by Binance in late July 2018 and has recently been integrated into the Binance DEX.</p>



<div class="blockImg"><img src="https://img.coinbureau.dev/strapi/2019/03/binanceTrustWallet.jpg" alt="Binance Trust Wallet Deal"><br>
<i>Trust Wallet Founder Viktor Radchenko With Binance CEO CZ After Trust Wallet Acquisition.</i></div>



<p>NIM’s integration can be viewed either as one of many integrations into Trust Wallet or as the first step to something much bigger. The reason why NIM integration is a little different from other cryptocurrencies is that Nimiq is currently working on technology that could add great value to Trust Wallet.</p>



<p>? <i>What is this technology?</i></p>



<p>In late February 2019, Nimiq announced that it had created a blueprint for a new <a href="https://{MIGRATED_DOMAIN}/analysis/blockchain-compatible-fiat-coming/">crypto-to-fiat bridge</a> called <a href="https://medium.com/nimiq-network/nimiq-makes-fiat-currencies-blockchain-compatible-7503096a6252" target="_blank" rel="nofollow noopener noreferrer">Nimiq OASIS</a>. This enables value transfers between the crypto and traditional banking ecosystems without using a middle man like a crypto payment processor.</p>



<p>This is a massive deal when you consider that even decentralized exchanges like Changelly only accept fiat deposits through payment processors like Simplex, who charge up to 5% on deposits.</p>



<p>What makes the Nimiq OASIS solution capable of bridging the traditional banking and crypto ecosystems is that it enables actual fiat currency like the EUR to be blockchain-compatible.</p>



<p>Nimiq OASIS is even more remarkable when you consider that the whole process enables users to buy or sell cryptocurrency without the private keys of the crypto asset ever leaving the owners possession or a centralized intermediary ever controlling the two assets being swapped.</p>



<p>This makes the solution ideal for any crypto platform wanting to offer their users crypto-to-fiat swaps.</p>



<p>Nimiq OASIS has a go-live target date of Q4 2019; a target with significant substance to it. Already, Nimiq has announced partnerships with WEG Bank AG (which you can view on the <a href="https://www.weg-bank.de/partnerschaften.html" target="_blank" rel="nofollow noopener noreferrer">official WEG Bank website</a>) and Agora.Trade which is a non-custodial exchange lead by ‘Forbes 30 under 30’ listmaker <a href="https://www.forbes.com/profile/reto-trinkler/#724c7df12252" target="_blank" rel="noopener noreferrer">Reto Trinkler</a>.</p>



<p>It’s no secret that WEG Bank is exceptionally cryptocurrency friendly with both Litecoin and Tokenpay already owning a stake in the German bank.</p>



<div class="blockImg"><img src="https://img.coinbureau.dev/strapi/2019/03/WEGAnnounceNimiq.jpg" alt="WEG Bank Announce Nimiq"><br>
<i>Announcement by WEG Bank on Nimiq Partnership</i></div>



<p>The first iteration of Nimiq OASIS aims to connect the traditional banking network, via WEG Bank and the cryptocurrency ecosystem, through Agora.Trade. Team Nimiq have already stated that “the vision is to enable the solution to scale through strategic partnerships and bring vast amounts of liquidity”. That means that Team Nimiq are open to integrating Nimiq OASIS into other banks and cryptocurrency platforms.</p>



<p>With all this in mind, it is no wonder that Trust Wallet founder, Viktor Radchenko, is “excited about this new collaboration and recognizes Nimiq’s great potential”. Nimiq OASIS certainly brings with it a lot of potential and the strategic partnerships are already in place to produce a working product.</p>



<p>It still remains to be seen if Nimiq will deepen the collaboration with Trust Wallet, but it’s certainly an interesting option that could make a lot of strategic sense.</p>



<h2>The 2 Million NIM Giveaway</h2>



<p>Nimiq is holding a special giveaway to celebrate NIM’s integration into Trust Wallet, with 1000 NIM being given away to the first 1000 new users who <a href="https://trustwallet.com/" target="_blank" rel="nofollow noopener noreferrer">download Trust Wallet</a>, add NIM as a supported coin and claim the giveaway. After this, 100 NIM will be given away to the next 1000 new users.</p>



<div class="blockImg"><img src="https://img.coinbureau.dev/strapi/2019/03/nimiqTrustWalletGiveaway.jpg" alt="Nimiq Trust Wallet Giveaway"><br>
<i>Download Trust Wallet and Claim your NIM!</i></div>



<p>So, if you want to take advantage then you had better act fast. The launch of the promotion and how to claim will be announced on <a href="https://twitter.com/nimiq" target="_blank" rel="nofollow noopener noreferrer">Nimiq’s Twitter account</a>. So give them a follow to stay up to date with promotion announcements and don’t forget that it was CoinBureau that brought you this to you first ?</p>



<h2>Trust Wallet &amp; Nimiq: The Shared Vision</h2>



<p>Multi-coin wallets like Trust Wallet are all about making it simple for users to store their crypto in one place. After all, before these types of wallets, holding a portfolio with many different types of altcoins was a tedious process, to say the least.</p>



<p>Normally, crypto holders would be forced to set up multiple wallets and secure them. Those days are largely gone with the rise of universal wallets and crypto holders can now hold 100+ cryptocurrencies in just a single wallet. Naturally, Trust Wallet saw this pain-point and decided to create a solution to make things easier.</p>



<p>The same ethos runs throughout Nimiq too, with the project focusing on ease of use, simple user-interfaces, and an installation-free approach. Yes, cryptocurrency had a meteoric rise in popularity in late 2017, however, the crypto markets are still full of complicated crypto projects and platforms which a typical internet user find difficult to understand and use.</p>



<p>Both Nimiq and Trust Wallet have taken a simplicity-first approach and that could be great news for wider cryptocurrency adoption.</p>



<h2>What’s Come Out Of The Collaboration?</h2>



<p>A shared vision is one thing, execution and generating value is another. The collaboration between Trust Wallet and Nimiq has already created the following benefits:</p>



<ul>
<li>Nimiq’s rapidly growing community has been given another great and simple alternative to store their NIM. Additionally, Trust wallet is the first mobile app to support the cryptocurrency and is set to become the go-to option for NIM users to transact on the go</li>



<li>Nimiq is deploying their Trust Wallet giveaway through a faucet in the app. This promotion could help the wallet further increase its substantial user-base.</li>



<li>The door is open for future research collaboration between the two projects and the forging of deeper ties between the two projects. Indeed, Nimiq took a similar approach with Agora.Trade and that resulted in Nimiq enabling the decentralized exchange to partner with WEG Bank, participate in Nimiq OASIS and also led to deeper research with Trinkler Software on the <a href="https://medium.com/nimiq-network/research-collaboration-albatross-63599386a7c9" target="_blank" rel="nofollow noopener noreferrer">Albatross consensus algorithm</a>. Albatross provides a blueprint for a new consensus algorithm with performance near to the theoretical maximum for a single chain.</li>
</ul>



<h2>Spearheaded By The Nimiq Community</h2>



<p>If you have been in the crypto space, then you will know that the strength and engagement of a crypto project’s community is key to long-term success.</p>



<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"><div class="wp-block-embed__wrapper">
https://twitter.com/vikmeup/status/1110959216968138752
</div></figure>



<p>The incredible thing about Nimiq’s recent collaboration with Trust Wallet was that Nimiq community members <a href="https://github.com/terorie/" target="_blank" rel="noopener noreferrer">Terorie</a> and <a href="https://github.com/lucaslg26">Vasconcelos</a> played a pivotal role in making this collaboration possible. Indeed the two community members have been responsible for much of the development work for NIM integration with Trust Wallet and this just illustrates how highly engaged Nimiq’s rapidly growing community are.</p>



<p>The Nimiq project does have a history of supporting community members and this can be seen in their <a href="https://medium.com/nimiq-network/community-project-funding-6a1f9ec3a16c" target="_blank" rel="nofollow noopener noreferrer">community funding initiative</a>, where members are sponsored and given support by Nimiq to pursue project ideas for the ecosystem. This is why they have one of the most engaged communities in cryptocurrency and gives the project an edge over other cryptocurrency competitors.</p>



<h2>Last Thoughts</h2>



<p>NIM integration to Trust Wallet has the potential to lead to much bigger things. Nimiq OASIS could certainly add value to Trust Wallet and has the potential to expand its list of integrations with crypto platforms.</p>



<p><a href="https://nimiq.com/en/" target="_blank" rel="nofollow noopener noreferrer">Nimiq</a> is currently flying under the radar of many cryptocurrency enthusiasts, however, the projects recent partnership, collaborations, and progress could lead many more people to explore the project and understand it’s potential. 2019 could be a big year for Nimiq and is certainly worth placing on your watchlist.</p>



<p><i>Featured Image via Nimiq</i></p>



<div class="disclaimerPR">Disclaimer: The author holds some NIM in their portfolio and is compensated in a long-term independent consulting capacity by Nimiq. This article must not be construed as investment advice. Always do your own research.</div>