Review on Lumi Collect by Olugbenga Ajayi
Lumi collect is a storehouse for crypto collectibles
Lumi collect is a wonderful wallet that has made game playing easier in blockchain industry. Before now gamers will have tto exit app in other to view all their collectibles but with lumi collect wallet that stress has been removed, everything is done in-wallet. It supports many block chain games like crypto kitties, block chain kitties and the likes.
Apart from the collectibles which are mostly erc-20 and erc-721 tokens, it also support BTC, BTC cash, ethereum and EOS.
The wallet is a non custodial wallet hence private keys are not kept on server but with the client. The wallet is also is hierarchical deterministic so users enjoy high level of privacy.
There is no much charges attached to usage except the usual network fee. In terms of security, it is secured with fingerprint and other strict measures.
Pros
- It is a mobile wallet for collectibles
- It offers regular reminders for users to backup their wallet
- Users are in the custody of their private keys
- It support Android and iOS
Cons
- No inbuilt exchange
