Bankex Debuts MainWallet, First of DeFi Telegram AppStore Infrastructure Apps

A global tokenized ecosystem developer, Bankex Group has launched today the key component of its vast and multifunctional Decentralized Finance Telegram AppStore infrastructure platform – MainWallet -- the alpha version of which is attracting over 1,000 users per day, over 5,000 as of this morning, since its soft launch 120 hours ago.

dApps are to the 21st century what apps were to the 20th: the next frontier of IT evolution. According to research, in 2018 the worldwide dApp market was $6.7 billion, and rapidly growing. Bankex Group provides the infrastructure underpinning this growth, leveraging its platform and BKX tokens to fulfill dApp transactions.

With MainWallet release, Bankex Group is enabling 200 million users of popular Telegram messenger to send money, pay for goods and services, place bets, and get paid via simple Telegram messages. The name of the product – MainWallet – reflects a degree of irony by Bankex Group development team, as anyone with a Telegram nickname automatically has access to Bankex Group fintech platform and therefore has a “wallet.” This makes this wallet “main” – there is no software to download, and no additional registrations.

MainWallet is currently in alpha testing with a closed group of BKX token holders: crypto-enthusiasts, developers and merchants. More than 5,000 early testers and over 100 merchants have signed up thus far through word of mouth. Qualified early testers get up to 600 BKX as a one-time payment for their effort. The pre-release version of MainWallet can be found here:

MainWallet testers are already enjoying a fairly robust app and game offering available within Bankex Group AppStore, which is also in a pre-launch stage. More than 100 merchants and game developers have signed up to the platform already through word of mouth, viral proof to growing dApp popularity and ease of use that Bankex Group provides to merchants looking to set up a dApp storefront. MainWallet is also coveted by businesses looking to white label the platform to monetize their Telegram communities, an important strategic vertical 100 percent supported by Bankex. 

“We are thrilled to see how Bankex Group industrial-grade fintech infrastructure and BKX-powered crypto-economy are coming to life with applications like MainWallet,” said Igor Khmel, Bankex Group founder and CEO. “We are happy that our strategic focus, productization of the first wave of our R&D and focused business development have created a new level of comfort for millions of Telegram and – soon to come – Facebook users and helped us start fulfilling the vision that is shared and supported by scores of BKX token holders. While MainWallet is an independent software package that will work on any messaging platform, and is not based on TON or Libra blockchain, we nonetheless see a lot of potential in working with Telegram’s and Facebook’s closed-ended and highly sophisticated messaging environments that deploy homegrown blockchains, and are supporting applications in our App Store that work both on Telegram and – soon – on Facebook.”

As of 1H 2019, Telegram has 200 million registered users, and Facebook 2.4 billion monthly active users. Besides being fully committed to aggressively scale Telegram dApp store both with new services, and new dApp categories, Bankex Group is actively working on extending its Decentralized Finance AppStore infrastructure platform to other messengers and soсial media platforms, such as Facebook messenger, Facebook, WhatsApp, WeChat, KakaoTalk, Line, and QQ Mobile, among others. Bankex Group leadership estimates its targeted combined addressable messenger audience for dApps at 4.6 billion registered users worldwide.

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About Bankex Group

Bankex Group is a New York-based company with an aggressive Asian strategy managed out of Hong Kong Asian headquarters. 

Bankex Group is a fintech company providing digital assets processing, as well as blockchain-based continuous securitization in real estate, money lending and media markets. Our mission is to connect regular people and small/medium business owners to capital markets. 

Bankex Group brings Banking-as-a-Service product modules and blockchain together. Infrastructure services and technologies include MainWallet, STO tokenization frameworks, Custody and Apps store.

Bankex Group is developing "neobank" called Bankex MainWallet – a messenger-first financial application that is packaged as Telegram wallet-bot with connected App Store. Bankex MainWallet enables personal and merchant transactions within messengers (Telegram and others). 

Bankex Group legally operates within Class 3 and Class 4 licenses for Virtual Financial Assets on Malta, EU.

Company was founded in 2016 by Igor Khmel, former head of innovation at a top10 European bank, and also ex-McKinsey, ex-Citadel hedge fund, Stanford GSB alumni.

Source: Bankex