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Nonbank is a financial management application designed to integrate traditional banking and cryptocurrency services into a single platform. The application aims to provide users with a unified interface for managing a diverse range of financial assets, including those held in bank accounts, cryptocurrency exchanges, and non-custodial wallets. [1]
Nonbank is a financial platform in development that combines custodial and non-custodial services, aiming to integrate traditional finance with decentralized finance in a single application. It is designed to allow users to manage multiple types of accounts, including crypto wallets, hardware wallets, centralized exchanges, and bank accounts. The application is multi-chain, supporting TRON, Ethereum, Base, Arbitrum, BNB Chain, Solana, Sui, and Bitcoin.
The platform introduces features such as Spaces, which let users organize and view assets across different accounts in one place. Security is supported by an AML watchtower, which monitors transactions for links to sanctioned or suspicious wallets and can recommend asset adjustments in volatile conditions. Nonbank also provides tools for crypto trading, support for hardware wallet connections, and built-in analytics for managing both fiat and digital assets. To encourage engagement, it incorporates gamification elements, including tasks, rewards, and an internal token called Nons, which users can earn through participation and activity. Users of Nonbank do not have to pay gas fees, as the project covers them. [7]
The Nonbank mobile application, available on iOS and Android, is the platform’s central product, serving as an aggregator for financial management. It enables users to connect multiple financial accounts for a unified portfolio view, and includes features such as portfolio analytics, simplified asset transfers, and security monitoring. [1]
NON ID is a decentralized identity feature integrated within the Nonbank ecosystem. Each user is entitled to a unique NON ID, which serves as a universal address for receiving funds, replacing the need to manage multiple crypto addresses or bank account numbers for inbound transactions. Users can customize the appearance of their NON ID, and the system allows for the identity to be minted as a Non-Fungible Token (NFT). The NON ID is also linked to the platform's rewards system, granting users access to bonuses and other perks from Nonbank and its partners. [7]
Nonbank includes a set of features designed to centralize asset management, improve security, and encourage user participation. It enables unified portfolio management by connecting non-custodial wallets, hardware wallets, centralized exchanges, and traditional bank accounts within a single application. Users can analyze their holdings through built-in portfolio analytics and a scanner that provides insights across all connected accounts.
The platform simplifies asset movement with a one-tap transfer system, eliminating the need for third-party services. Security is reinforced through the AML watchtower, which checks transactions for links to sanctioned or suspicious addresses, and by allowing hardware wallet integration for offline key storage. Collaborative shared spaces enable multiple users to jointly manage funds for collective goals. To promote engagement, the platform applies gamification, where users earn internal tokens called Nons by completing tasks or activities, which can also unlock additional free transactions beyond the monthly allocation. [1] [7]
"Nons" are the internal utility coins of the Nonbank platform. They are not a publicly traded cryptocurrency but rather a rewards currency earned through user activity within the application. Users can accumulate Nons by completing specified tasks, inviting new users, participating in quizzes, and engaging with the platform's features. The primary function of Nons is to unlock additional benefits and rewards for holders within the Nonbank ecosystem. [1] [6]