Details

What is PALM

Tokens

1. What is palm?

Introduction to Palmswap (PALM) Tokens

Palmswap is a decentralized cryptocurrency trading platform primarily used for Perp futures trading on the Binance Smart Chain (BSC). The platform offers decentralized perpetual trading as efficiently as centralized platforms, eliminating entry barriers and allowing anyone to participate in trading.

2. Who founded palm?

According to the provided information, the founders of the Palm NFT studio include:

  • Joseph Lubin, founder of ConsenSys and co-founder of Ethereum
  • Film producer and owner of Heyday Films, David Heyman
  • Founder of the art technology group HENI Group, Joe Hage.

However, this information mainly focuses on the Palm NFT studio rather than the specific token "Palm." From the information above, it can be inferred that the Palm NFT studio may be associated with the token "Palm" as they both use the name "Palm." Therefore, it can be assumed that the founders of the Palm NFT studio might be related to the founding of the token "Palm."

3. Which venture capital invested in palm?

According to the provided information, the following venture capital backed projects related to the token, including Palm Drive Capital:

  1. Matrixport: Palm Drive Capital is one of the investors in Matrixport's Series C funding round. Matrixport is a token financial services platform offering institutional-grade custody, trading, lending, structured products, and asset management services.

  2. Other Investments: While it is not directly mentioned which token projects Palm Drive Capital has invested in, the information in the text suggests that Palm Drive Capital has also participated in other investments, such as being listed as one of the active overseas investors in venture capital cases in Taiwan.

4. How does palm operate?

PalmPay (PALM) is a token that serves as a multifunctional payment platform designed to meet a wide range of payment preferences, including the use of tokens and traditional cash on delivery. Here’s how it works:

  1. Payment Solutions: PalmPay offers convenient and flexible transaction methods, allowing users to choose the payment method that best suits their needs, including using tokens and traditional cash on delivery.

  2. Cashback Rewards: One standout feature of PalmPay is its cashback rewards program, offering up to 5% cashback in tokens on every purchase, with no limits on the amount that can be earned.

  3. Token Conversion: The platform supports instant conversion of tokens to local currency, enhancing the usability of digital assets in everyday transactions.

  4. Security: PalmPay emphasizes the quality and security of its products, aiming to provide high-end offerings in the global market. However, like any platform involving financial transactions and tokens, PalmPay faces concerns regarding fraud and security vulnerabilities.

  5. Trading and Storage: Users can purchase PALM through exchanges and store and spend them using crypto wallets. Crypto wallets can be online software (hot wallets) or offline electronic devices (cold wallets).

  6. Market Data: Real-time prices and market capitalization of PALM can be found on token exchanges and data platforms, such as CoinMarketCap and Bitget.

In conclusion, PalmPay presents an attractive option by offering flexible payment solutions, cashback rewards, and secure token conversion. However, users should conduct thorough research and proceed with caution when using any payment platform to ensure the security of their transactions and personal information.

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