1. What is palm?

Introduction to Palmswap (PALM) Cryptocurrency

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

2. Who founded palm?

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

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

However, this information primarily focuses on Palm NFT Studio rather than the specific cryptocurrency "Palm". From the information above, it can be inferred that Palm NFT Studio may be related to the cryptocurrency "Palm" due to their shared use of the name "Palm". Therefore, it can be assumed that the founders of Palm NFT Studio may be associated with the establishment of the cryptocurrency "Palm".

3. Which venture capitals have invested in palm?

According to the provided information, the following venture capitals have invested in cryptocurrency-related projects, including Palm Drive Capital:

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

2. Other Investments: Although there is no direct mention of which cryptocurrency projects Palm Drive Capital has invested in, the information in the text indicates that Palm Drive Capital has also participated in other investments, such as being listed as an active overseas investor in venture capital cases in Taiwan.

4. How does palm work?

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

1. Payment Solutions: PalmPay provides convenient and flexible transaction methods, allowing users to choose the payment method that best suits their needs, including the use of cryptocurrencies and traditional cash-on-delivery.

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

3. Cryptocurrency Conversion: The platform supports instant conversion of cryptocurrencies into local currencies, enhancing the usability of digital assets in everyday transactions.

4. Security: PalmPay emphasises the quality and security of its products, aiming to provide high-end products for global markets. However, like any platform handling financial transactions and cryptocurrencies, PalmPay faces concerns regarding fraud and security vulnerabilities.

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

6. Market Data: The real-time price and market capitalisation of PALM can be found on cryptocurrency exchanges and data platforms like CoinMarketCap and Bitget.

In summary, PalmPay has emerged as an attractive option by offering flexible payment solutions, cashback rewards, and secure cryptocurrency conversions. However, users should conduct thorough research and exercise caution when using any payment platform to ensure the security of their transactions and personal information.